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Global Critical Power Market to Grow at an Impressive 9% in 2017, with Modular Solutions and UPS Connectivity with IoT as Key Trends
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Data centers will continue to be the most important application within critical power, driving investment in modular solutions, uninterruptible power supply (UPS), module-level power electronics (MLPE), non-traditional cooling technologies, and converged power solutions. Overall, data center investment is forecast to increase by 9.1% in 2017.The Internet of Things (IoT) will become increasingly prominent, with IoT-connected UPS systems playing a role in terms of energy management and efficiency as well as providing peaking power and demand response. Non-traditional cooling solutions will register a growth rate of 15.7% in 2017, mainly because of demand from data centers.
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