DUBLIN, Jan 7, 2019 /PRNewswire/ --
The "Vietnam UPS Systems Market (2018-2024): Market Forecast by KVA Ratings, by Applications, by Regions, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.
Vietnam Uninterruptible Power Supply (UPS) Systems Market is projected to grow at a CAGR of 4.7% during 2018-24.
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.
Government plans such as National Transport Master Plan (2011-20) and the $121 billion Ho Chi Minh City Master Transport Plan are likely to create huge opportunities for UPS companies as these would lead to infrastructural development across the country. According to the Government of Vietnam (GVN), the manufacturing and processing sectors are expected to flourish and contribute significantly to the industrial segment of Vietnam on account of growing foreign investment in the country.
Amongst all the applications, the commercial sector captured the highest market revenue share in the overall UPS systems market in 2017. In the commercial sector, data centers, BFSI and hospitality segments were the major revenue shareholders and are expected to maintain their dominance over the coming years on account of government emphasis on developing the social infrastructure of the country.
The Southern region is projected to witness the highest growth rate over the next six years due to various upcoming infrastructure projects in the region. Additionally, the Northern region also provides positive prospects for the deployment of UPS systems in the region. Further, development of Special Economic Zones (SEZ) in provinces such as Quang Ninh is expected to create additional opportunities for the UPS companies in the Northern region.
Some of the key players in Vietnam UPS market includes - Eaton, Schneider Electric, General Electric, ABB, Socomec, Tripp Lite, and others.
The report thoroughly covers the Vietnam Uninterruptible Power Supply (UPS) Systems market by 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 devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
- Historical Data of Global Uninterruptible Power Supply (UPS) Systems Market For The Period 2014-2017
- Market Size & Forecast of Global Uninterruptible Power Supply (UPS) Systems Market Until 2024
- Historic Data of Vietnam Uninterruptible Power Supply (UPS) Systems Market Revenues And Volume 2014-2017
- Market Size & Forecast of Vietnam Uninterruptible Power Supply (UPS) Systems Market Revenues & Volume Market Until 2024
- Historical data and Forecast of Vietnam Uninterruptible Power Supply (UPS) Systems Market, By Applications
- Historical data and Forecast of Vietnam Uninterruptible Power Supply (UPS) Systems Market, By Regions
- Market Drivers and Restraints
- Market Trends and Developments
- Player Market Share and Competitive Landscape
- Company Profiles
- Strategic Recommendations
By KVA Ratings
- Up to 1.1 kVA
- 1.1 kVA - 5 kVA
- 5.1 kVA - 20 kVA
- 20.1 kVA - 50 kVA
- 50.1 kVA - 200 kVA
- Above 200 kVA
- ABB Ltd.
- Delta Electronics Inc.
- Eaton Corporation Plc
- General Electric Company
- Riello UPS Singapore Pte. Ltd.
- Schneider Electric SE
- Socomec Asia Pacific Pte. Ltd.
- Tripp lite
- Vertiv Co.
For more information about this report visit https://www.researchandmarkets.com/research/g2wqnx/vietnam_ups?w=5
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