UPS Battery Market Size

Global UPS Battery Market size was valued at USD 10.08 Billion in 2023 and is poised to grow from USD 11.49 Billion in 2024 to USD 33.94 Billion by 2032, growing at a CAGR of 14% in the forecast period (2025-2032).

Innovation, product variety, and strategic alliances are the hallmarks of the competitive UPS battery market. Players like Schneider Electric, Eaton, and Vertiv are major players in the industry that are placing a focus on modular UPS solutions and lithium-ion products. Cloud-based monitoring and artificial intelligence-based battery management solutions are being invested in by a high volume of companies. In 2024, Schneider collaborated with Microsoft to create smart energy solutions, and Eaton delivered energy-as-a-service offerings in an attempt to win commercial customers and data centers seeking out resilient infrastructure. 'ZincFive (Founded in 2016 in India): ZincFive is a forward-thinking energy solutions firm that designs and distributes nickel-zinc (NiZn) battery technology. It commenced operations in 2016, and since then, it has created UPS batteries that are safer, cleaner, and greener for application in mission-critical environments like data centers, traffic systems, and industrial control systems. Their NiZn-based UPS batteries possess higher power density, are capable of quick draining, and there is no thermal runaway risk. Such batteries can serve as reliable backup power equipment as they are of a greater level of reliability and are also an environmentally sound option. ', 'PULSETRAIN (Founded in 2022 in German): Artificial intelligence-based modular powertrain and battery management technologies are where PULSETRAIN has its areas of expertise and commenced operations in 2022 as Bavertis. Its products are tailored to optimize how much time a battery can survive, performance, and energy efficiency. Even though their main innovations are focused on electric mobility, PULSETRAIN's smart battery management systems are especially suited for high-efficiency uninterruptible power supply (UPS) applications within industrial and mobile infrastructures. These applications demand precision, longevity, and energy flexibility in order to provide a steady supply of power and greater operational reliability.', 'Schneider Electric', 'Eaton Corporation', 'Vertiv Group Corp.', 'ABB Limited', 'East Penn Manufacturing', 'ZincFive', 'Emerson Electric Co.', 'Delta Electronics, Inc.', 'Exide Industries Limited', 'GS Yuasa International Ltd.', 'East Penn Manufacturing Company', 'EnerSys', 'Vision Group'

There has been a rise in the construction of hyperscale data centers due to the high demand for cloud services, artificial intelligence, and 5G. As of 2024, over 80% of new data centers constructed in the Asia-Pacific and North American markets have top-of-the-line UPS systems. Such types of institutions need redundant power that is highly reliable and scalable, something which directly affects the need for lithium-ion UPS batteries, known to charge at a rapid pace and with very little size.

Transition to Scalable and Modular UPS Solutions: Multi-modular plug-and-play lithium-ion battery module-based uninterruptible power supply (UPS) systems are becoming increasingly popular among companies. Both scalability and power efficiency are enhanced due to this trend, particularly in cloud hosting and co-lo centers. As of 2024, approximately 60% of all new UPS installations in Tier III data centers were modular lithium-ion form factor.

What Role Do Data Centers and Critical Infrastructure Play in North America's UPS Battery Growth?