New Revenue Pockets:
The global Rotary Uninterruptible Power Supply (UPS) Market is projected to reach USD 0.8 billion by 2026 from an estimated USD 0.7 billion in 2021, at a CAGR of 4.9% during the forecast period. The growing need for zero downtime power supply solutions for critical power applications is the major driver of the rotary or rotary UPS market. The advantages of rotary UPS such as high efficiency, fewer space requirements, and low lifetime costs are expected to further drive the demand. Increasing data center investments are expected to be the single biggest contributing factor to the growth of rotary UPS market during forecast period.
The high-speed engine market has promising growth potential due to increasing largescale data center investments in key market regions. Global trends such as internet of things (IoT), AI, big data, and increased digitalization have led to the increased demand for data services and thereby data centers. Apart from investments in developed regions such as North America, and Europe the growing data center investments in developing regions such as Asia Pacific are major drivers for market growth.
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The Rotary Uninterruptible Power Supply (UPS) Market, by type, is segmented into diesel, hybrid, and others. Others include flywheel UPS. Diesel rotary UPS is expected to be the largest and fastest growing segment in rotary UPS market. The diesel rotary type UPS is the oldest and most popular type of rotary UPS. Diesel rotary UPS also eliminates the need for investment in generators for backup power protection. The economic benefits and ability to provide backup power generation for long durations makes the product attractive to the end user.
The high-speed engine market, by application, is segmented into aerospace & defense, electronics & semiconductors, manufacturing industry, IT & Telecommunications, datacenter, healthcare & pharmaceuticals, and others. Others include commercial, rail, and transport. Healthcare & pharmaceuticals is expected to be the fastest growing segment in rotary UPS market. Healthcare facilities usually depend on continuous, uninterrupted electricity to run medical equipment, which saves lives and protects vital electronic data related to patients. Critical units of healthcare facilities must be equipped with special systems to protect their networks against interruptions. Surgical lights, infusion pumps, electrocardiogram (ECG) machines, ventilators, anesthesia machines, and other medical equipment require a continuous power supply. Uninterruptible power supply (UPS) systems are installed in hospitals to provide immediate, short-term electricity as a backup in the event of an electrical power outage. A constant power supply is important in hospitals to maintain life-saving daily operations. The increased demand for reliable and continuous power supply is the major driver for market growth among healthcare & pharmaceutical applications.
Asia Pacific is estimated to be the fastest-growing market for Rotary Uninterruptible Power Supply (UPS) Marketduring the forecast period. Asia pacific includes China, Australia, Japan, India, South Korea, Malaysia, Singapore, and the Rest of Asia Pacific. The Rest of Asia Pacific includes Thailand, Indonesia, Vietnam, and the Philippines. Increased investments in data centers, especially in China, Australia, Japan, and Singapore along with the thriving electronics & semiconductor sector in countries such as Korea, Japan, Malaysia, and Singapore are expected to drive the demand for rotary UPS.
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Key Market Players
A few major players with large global presence dominate the high-speed engine market along with a large number of local players. The leading players in the high-speed engine market include Piller Power Systems (Germany), Hitec Holdings (Netherlands), Rolls Royce Holdings (UK), Hitzinger (Austria), and IEM Power Systems (US).
