The New Zealand UPS market is expected to be driven on the back of rising demands for the adoption of UPS systems as an essential power backup device in the commercial sector. Rising demand projections for high – rated power supply from data centers is anticipated to benefit the growth of the New Zealand uninterruptable power supply (UPS) systems during the forecast period 2020-26F. Also, growth in the commercial and industrial sectors is expected to raise considerable demand projections for UPS systems in the coming years and contribute towards the growth of the New Zealand UPS systems market in the upcoming six years.
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According to 6Wresearch, New Zealand UPS Market is forecast to grow at a CAGR of 3.0% in terms of revenue during 2020-26F. The 1.1 – 5 kVA uninterruptible power supply systems are expected to dominate the kVA rating segment of the New Zealand Uninterruptible Power Supply (UPS) systems market as lower power rating UPS systems are generally employed across residential and commercial applications such as in personal workstations, offices, educational institutes, SMEs, etc. Further, with increasing penetration of ATMs, a rising number of modern retail outlets, and overall development of the commercial sector in the country, a considerable increase in demand for UPS systems is expected to be witnessed over the forecast period.
On the basis of applications, the residential and commercial domain of the New Zealand UPS systems market is anticipated to register high growth in the coming years on the back of increasing the need for UPS systems to ensure uninterrupted power supply in the corporate sector. Some of the upcoming construction projects which are expected to support the growth of the residential and commercial sector in the country are Westgate Urban Development Project in Auckland, NDG Tower in Auckland, Precinct Downtown Office Development Plan, and Otago University Works Programme in Otago. Owing to such developments in the country in the coming years, the New Zealand UPS systems market is anticipated to register considerable growth in the upcoming six years.
Key Highlights of the Report
- New Zealand UPS Systems Market Overview
- Market Drivers and Restraints
- Porter’s Five Forces Analysis
- Market Opportunity Assessment
- Market Share, By Technology
- New Zealand UPS Systems Market Outlook
- New Zealand UPS Systems Market Forecast
- New Zealand UPS Systems Market Size
- Recent Market Trends
- Recommendations
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