The global market for uninterruptible power supplies (UPS) has grown by almost 14 percent year-on-year in the first half of 2008 according market research analysts, IMS Research.
The sub 10 kVA segment, which is more closely tied to consumer spending, grew at a low single-digit rate from the same point one year ago, whilst the majority of growth in all regions was driven by three-phase UPS products rated above 100kVA. Datacenter and IT infrastructure builds and refurbishments continue to drive the expanding market for high power UPS systems.
IMS reports that EMEA and Asia recorded the best performances while the Americas still exhibited single-digit growth.
"All indications thus far are that growth will continue in the near future despite concerns over the global economy" suggests Jason dePreaux, an analyst with IMS Research. "However, growth is not quite as robust as it was 12 months ago and the soft results in the US market suggest that the days of record growth may be coming to an end."