Middle East and Africa UPS Battery Market: Industry Analysis and Forecast (2024-2030) by Topology, Product Type, Application, and Region.

The Middle East and Africa UPS Battery Market Overview:

A UPS is frequently used to protect hardware such as computers, data centres, communications equipment, and other electrical equipment against power outages that could cause injuries, fatalities, substantial business disruption, or data loss. When the input power fails, an uninterruptible power supply (UPS) delivers backup power to the load. A UPS, unlike an auxiliary or emergency power system or a backup generator, protects against power failures by rapidly supplying energy stored in batteries, super capacitors, or flywheels.

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The Middle East and Africa UPS Battery Market Dynamics:

The UPS battery market is primarily growing due to the frequent power outages experienced by countries in this region. Despite a number of government measures in place, emerging economies have yet to achieve their goal of becoming electricity-surplus nations; as a result, UPS systems are a essential requirement in the region. In addition, growing household disposable incomes in the MEA region are boosting sales of electrical equipment such as refrigerators, air conditioners, televisions, and microwaves, while the insufficient power supply is expected to drive consumers to purchase UPS batteries. As a result, the UPS batteries market is expected to grow at a significant rate throughout the forecast period.

The Middle East and Africa UPS batteries market is expected to witness a northward direction growth, thanks to the telecommunications sector's rapid growth across the region. With the introduction of 5G in countries such as Qatar, Kuwait, and Saudi Arabia, the scope of batteries has enlarged. With a growing spectrum of telecom towers, the gritty of industrial batteries is also increasing to power the telecom towers to ensure continuous power supply, which is expected to act as a catalyst for the growth of the Middle East and Africa UPS battery market during the forecast period.

An increasing trend of process and factory automation, as well as an increasing number of renewable power plants, are expected to drive the market growth, as the government focuses on increasing the share of renewable energy in countries such as Saudi Arabia, the United Arab Emirates, Turkey, South Africa, and Egypt. For example, Saudi Arabia is aiming for a complete transition to renewable energy systems by 2040, and the country's government is investing heavily in this effort. UPS batteries are an important alternative for use in renewable energy systems because of their cost-effectiveness and longevity. As a result, the country's UPS battery market is expected to benefit from the rise of the renewable energy sector.

Smaller UPS systems are being developed by UPS makers in order to enlarge their position in the small and medium enterprise category, which will fuel the MEA UPS battery market growth during the forecast period. The top players in the MEA UPS battery market are Eaton Corporation plc, Exide Industries Limited, FIAMM Energy Technology S.p.A., leoch International Technology Limited Inc, Schneider Electric SE, and Vertiv Group Corporation. To maintain their position in the dynamic industry, the companies are focusing on organic growth tactics such as new launches and investment in R&D sector. For instance, Eaton Corporation plc, debuted its 5P rackmount lithium-ion uninterruptible power system (UPS) in 2019. The 5P lithium-ion UPS is a stable, integrated solution that offers increased network security, longer battery life, and remote administration capabilities, making it perfect for distributed IT and edge computing scenarios.

Growing Investment in Data Center in MEA Region:

• In 2019, Saudi Arabia, the United Arab Emirates, and Turkey accounted for 55% of data center investment in the Middle East, which is expected to rise to around 74 by 2027.
• Between 2020 and 2027, the United Arab Emirates and Saudi Arabia are expected to add more than 170 MW of power capacity individually.
• In 2019, South Africa continues to dominate the African data center market, accounting for over 40% of all investments, followed by Morocco, Nigeria, and Kenya.
• Between 2020 and 2025, the Nigerian, Kenyan, and Egyptian markets are estimated to add around 600,000 square feet of data center space, growing at a CAGR of 20%.
• Local telecommunications and data center operators made a significant contribution in 2019, although global service providers were still few.
• During the year 2021-2027, an increase in Greenfield data center development is expected to present a US$ 2000 million revenue opportunity for construction contractors and subcontractors in the sector.

The Middle East and Africa UPS Battery Market Segment Analysis:

By Application, the UPS Battery market is segmented into Residential, Commercial, Data center, and Industrial. The Residential segment is expected to witness significant growth at a CAGR of 10.9% during the forecast period. The benefits of UPS systems, including as their reliability, low costs, lack of power interruptions, and smooth operation, are driving the MEA UPS battery market expansion in the residential sector. Exide Industries Ltd. offers a wide range of residential UPS systems in the MEA to keep electrical equipment like air conditioners, fans, and lights safe by allowing them to work ordinarily in the incident of a power outage. Exide Home UPS systems are designed specifically for household use and are completely reliable. These factors are also driving the segment growth for regional UPS market.

COVID-19 Impact on the Middle East and Africa UPS Battery Market:

Turkey, Iran, and South Africa are among the MEA nation’s most affected by the COVID-19 epidemic. Iraq, Israel, Morocco, Saudi Arabia, and the United Arab Emirates have all been hit to some level by the pandemic. The disruption in the supply chain caused by country-wide border closures has a significant impact on the operations of MEA UPS battery market participants. In addition, during the shutdown, demand for UPS batteries for power backup fell in a variety of industries. The COVID-19 pandemic had a big impact on global economies, but the region has already been hit by dropping oil prices, which have put a strain on the economies of several oil-producing countries.

The objective of the report is to present a comprehensive analysis of the Middle East and Africa UPS Battery Market to the stakeholders in the industry. The report provides trends that are most dominant in the Middle East and Africa UPS Battery Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Middle East and Africa UPS Battery Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

The qualitative and quantitative data provided in the Middle East and Africa UPS Battery Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Middle East and African UPS Battery Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Middle East and Africa UPS Battery Market.

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Middle East and Africa UPS Battery Market. The report also analyses if the Middle East and Africa UPS Battery Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Middle East and Africa UPS Battery Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Middle East and Africa UPS Battery Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Middle East and Africa UPS Battery Market is aided by legal factors.

The Middle East and Africa UPS Battery Market Scope:

The Middle East and Africa UPS Battery Market Key Players:  

• Andrea FZCO (Dubai - United Arab Emirates)
• ANAA (Dubai, Abu Dhabi - United Arab Emirates)
• Powermaxma (United Arab Emirates)
• Eaton Corporation plc (Dublin, Ireland)
• Exide Industries Limited (South Africa)
• Schneider Electric SE (Rueil-Malmaison, France)
• Vertiv Group Corporation (Columbus, Ohio, United States‎)
• FIAMM Energy Technology S.p.A. (Alte Ceccato, Italy)
• GS Yuasa International Ltd. (Kyoto, Japan)