Semiconductor

Market Overview The Modular UPS provides additional power to the system, which results in efficient usage of data centers with an increased lifespan of battery life and flexible modularity. The Modular UPS Market is noticing higher growth due to its demand in industrial verticals. Also, the rise in the need for additional power supply and the usage of modular UPS in data center applications are prominent driving factors of the Modular UPS Market. The ups market share is receiving higher opportunities due to the increased demand for hyperscale data centers, cloud usage, and large colocation facilities is fueling up the market. The global pandemic has shown a drastic impact on different industries’ economies by shutting down the manufacturing and production units. The ups market share also faced this challenging situation which harmed the market’s sales. Further, the supply chain networks got disrupted. However, in the future days, the market is expected to recover from the losses and ri...