Press release
Commercial Application To Drive The Growth Of UPS Systems In Vietnam - 6Wresearch
UPS systems are witnessing mounting adoption by different end-user applications ranging from residential households, small commercial offices to large industrial enterprises. Moreover, factors such as inflow of FDI in industrial and manufacturing segments, growing power demand and increasing infrastructure projects in Vietnam have further fueled the demand for UPS systems in the country.According to 6Wresearch, Vietnam UPS Systems Market Revenues are projected to grow at a CAGR of 4.7% during 2018-24. Increasing number of data centers, increasing IT spending, addition in number of SMEs, hospitals and several industries such as manufacturing units would result in surge in demand for UPS systems in Vietnam over the coming years.
Download Sample Pages @ https://www.6wresearch.com/press-release/vietnam-ups-system-market-share-forecasts-size-growth-opportunity-shipments-cagr-players-profile-media-news
According to Shefali Goel, Assistant Manager, Research and Consulting, 6Wresearch, "Within KVA ratings, in 2017, 20.1-50 kVA stood as the leading revenue generating segment on the back of its high adoption in data centers. Medium rating UPS systems find application in both the commercial and industrial sectors and are expected to dominate during the forecast period as well. Packs of medium voltage UPS systems are used instead of a single unit of high rating UPS systems.
Additionally, the 20.1-50 KVA rating and 50.1-200 KVA rating segments are projected to rise at a significant CAGR in terms of revenue during the forecast period," Shefali Concluded.
According to Gurbani Kaur, Research Associate, Research and Consulting, 6Wresearch, " In 2017, the Southern region accounted for the maximum share of revenue in the overall Vietnam UPS systems market. However, over the next few years, as the Southern region would continue to strengthen its hospitality sector, which would drive the demand for UPS.
"Further, government plans to build Ho Chi Minh city into a smart city by 2020 would involve the development of several commercial domains such as ICT and smart urban transportation system, thereby surging the demand for UPS systems in the region," Gurbani concluded.
Some of the key players in Vietnam UPS Systems market include- Eaton Corporation Plc, Schneider Electric SE, Vertiv Co, General Electric Company, Delta Electronics Inc., ABB Limited (Vietnam), Tripp Lite, RIELLO UPS SINGAPORE Pte Ltd. and Socomec Asia Pacific Pte. Ltd.
"Vietnam UPS Systems Market (2018-2024)" provides an in-depth analysis with 50 figures and 22 tables covered in more than 126 pages. The report estimates and forecast the overall Vietnam UPS Systems market by revenues, volume, KVA ratings, applications, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics."
About Us-
6Wresearch is the premier, one stop market intelligence and advisory centre, known for its best in class business research and consulting activity. We provide industry research reports and consulting service across different industries and geographies which provide industry players an in-depth coverage and help them in decision making before investing or enter into a particular geography.
Contact Us: Phone: +911143024305 | Email Id: sales@6wresearch.com
1301-05, 13th Floor, Pearls Business Park, Netaji Subhash Place, Pitampura, New Delhi, India-110034
Contact Us: Phone: +911143024305 | Email Id: sales@6wresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Commercial Application To Drive The Growth Of UPS Systems In Vietnam - 6Wresearch here
News-ID: 1863493 • Views: …
More Releases from 6Wresearch- Market Intelligence Solutions
Iron Market Opportunities: How Businesses Can Capitalise on Global Demand
The global iron market is witnessing steady growth worldwide. The growing demand from the automotive, construction, and industrial sectors is one major factor supporting the market expansion around the world. The role of iron is vital in infrastructure, manufacturing, and energy industries. Additionally, increasing urbanisation and government investments in infrastructure expansion are further boosting the market expansion globally. Moreover, the growing emphasis on sustainable and eco-friendly production practices also…
Exploring the Growth of the Global IP Multimedia Subsystem Market
The global IP Multimedia Subsystem market is witnessing steady growth worldwide. The market offers a standardised architecture for delivering multimedia services over Internet Protocol (IP) networks. Additionally, the demand is rising actively as it helps operators and service providers manage and deliver services such as video calling, voice over LTE (VoLTE), messaging, push-to-talk, and conferencing across multiple devices and networks. The increasing demand for seamless communication, integration of advanced services,…
Regional Analysis of the Inverter Market & Applications of Inverters Across Vari …
The global inverter market growth has been proliferating over the years, driven by the power and energy sector is expanding. The market expansion is influenced majorly by a high demand for inverters that are major solutions to convert direct current (DC) into alternating current. There are some major growth drivers of the market, which include rapid urbanization and the rising technological advancements. Another major factor proliferating the growth of the…
Maximising Revenue Opportunities in the Expanding Global Interior Design Market
The global interior design market is experiencing robust growth globally. The rising disposable income, urbanisation, and the growing emphasis on lifestyle and wellness are supporting the global interior design market expansion. Moreover, the ongoing integration of sustainable practices, smart technologies, and personalised solutions is further boosting the market expansion.
According to 6Wresearch, the Global Interior Design Market is projected to grow at a compound annual growth rate (CAGR) of 6.80% between…
More Releases for Vietnam
Vietnam beverages Market : Key Findings for Market Analysis and Business Plannin …
Vietnam beverages Market Analysis and Forecast, 2019-2028
The Vietnam beverages market was over US$ 2.5 billion in 2019 and is expected to grow at a CAGR of around 14.2% over the forecast period of 2022-2028.
Market Overview
The Vietnam beverages market study by RationalStat comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the Vietnam market for the historical period of 2019-2021 and the forecast…
Vietnam beverages Market | Outlook and Opportunities: A Forecast of Growth, Inve …
Vietnam beverages Market Analysis and Forecast, 2022-2028
The Vietnam beverages market was US$ 480 Bn in 2021 and is expected to grow at a CAGR of around 12.5% over the forecast period of 2022-2028.
Download PDF Sample of beverages Market report @ https://www.themarketinsights.com/request-sample/280160
Market Scope & Overview
The Vietnam beverages market study by RationalStat comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the Vietnam market…
Vietnam Two Wheeler Tire Market Size Boosting The Growth Worldwide | Kenda Rubbe …
Vietnam two wheeler tire market is expected to continue growing owing to the expanding private-public investment in two-wheeler production in the country and increasing vehicle ownership owing to the rising disposable income of the consumers
A recent study conducted by the strategic consulting and market research firm Report Ocean revealed that the Vietnam two wheeler tire market witnessed sales of 40.4 million units in the year 2021 and this sales figures…
Vietnam beverages market Key Information By Top Key Player | Sabeco, Heineken Vi …
The Vietnam beverages market was over US$ 2.5 billion in 2019 and is expected to grow at a CAGR of around 14.2% over the forecast period of 2022-2028.
Market Scope & Overview
The Vietnam beverages market study by RationalStat comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the Vietnam market for the historical period of 2019-2021 and the forecast period of 2022-2028 based…
Vietnam Agriculture Market, Vietnam Agriculture Industry, Vietnam Agriculture Li …
Agriculture has always been of pronounced importance for Vietnam, as feeding the realm’s largest population is not a relaxed task. The Vietnam government has been associate the agriculture industry with a number of policies, demanding to alleviate the output and seeking methods to ensure the sector is developing healthily and sustainably. The Vietnam federal government has been decidedly supportive of agriculture for decades, and there is extensive political consensus as…
The Baby Food Sector in Vietnam, 2018 Key Trends and Opportunities By Vietnam Da …
"The Baby Food Sector in Vietnam, 2018", is an analytical report by GlobalData which provides extensive and highly detailed current and future market trends in the Vietnamese market.
Vietnamese mothers have prepared fresh food for their babies but, as the economy has developed and more women have been drawn into the urban workplace, these mothers have increasingly found they have less time to spend preparing food and to spend with their…
