Power supply market surges in the UAE as World Expo 2020 approaches

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This is being driven by a UAE government programme, called Under UAE Vison 2021 to boost development of several sectors such as education, healthcare, social infrastructure, housing, and government services. 

As a result, growth in the number of hospitals, hotels, government buildings, manufacturing units and expansion plans for transportation facilities in the country are anticipated to increase the demand for UPS systems in the country as such areas often require power back up facilities for their smooth operations.

The UAE will host the World Expo 2020 event, which is expected to lead to large-scale investment in the commercial sector. 

Other initiatives include the Smart Dubai 2021, which is designed to strategically remodel Dubai as a smart city and lead to more number of data centres setups. 

Priya Sharma, Research Associate, Research and Consulting, 6Wresearch, writes:

“Lower and medium rated UPS systems acquired the largest market revenue share in the overall UPS systems market as several industries, hotels and data centres use compiled racks of multiple low rating UPS systems in place of single high rating ones. 

“Further, growing number smart homes in the country, which require UPS systems to regulate the functioning of video surveillance, access control cards, elevators, etc would further surge the demand for low range UPS systems during the forecast period.”

 

6Wresearch has recently published a new report titled: “UAE Uninterruptible Power Supply (UPS) Systems Market (2018-2024)”.

The report estimates and forecast the overall UPS systems market by revenues, KVA rating, regions and applications such as commercial, industrial and residential.

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