Saudi Arabia Uninterruptible Power Supply (UPS) Systems Market (2018-2024)

DELHI, India - June 3, 2019 - PRLog -- The growth of Saudi Arabia UPS systems market in the coming years is expected to be driven by several factors such as rising IT spending, increasing number of SMEs and growing number of data centers, healthcare facilities, ATMs and hotels.

According to 6Wresearch, the Saudi Arabia UPS market (https://www.6wresearch.com/press-releases/saudi-arabia-uninterruptible-power-supply-ups-systems-market-share-forecasts-size-growth-opportunity-shipments-cagr-players-profile-media-news.html) size is predicted to grow with a CAGR of 4.5% during 2018-24. This growth would be aided by the government's efforts to strengthen the country's non-oil sectors. Under the Saudi Vision 2030 initiative, the construction of new hotels, education institutes, retail outlets, industrial spaces and power plant projects are under anticipated in the coming years. As a result, Saudi Arabia UPS market forecast revenues are expected to increase due to growing demand from commercial and industrial sectors.

Amongst all applications, the commercial sector captured the highest Saudi Arabia UPS market share in 2017. In the commercial sector, data centers, BFSI and hospitality segments were the major revenue shareholders and are expected to maintain their dominance in the coming years on account of government emphasis in developing the country's social infrastructure.

The Saudi Arabia UPS market report comprehensively covers the market by KVA ratings, applications and regions. The Saudi Arabia UPS market outlook report provides an unbiased and detailed analysis of the on-going Saudi Arabia UPS market trends, opportunities/high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Press Release : https://www.6wresearch.com/press-releases/saudi-arabia-uninterruptible-power-supply-ups-systems-market-share-forecasts-size-growth-opportunity-shipments-cagr-players-profile-media-news.html

Key Highlights of the Report:
3 Phase Ups
Single Phase Ups

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