New GlobalData Power Reports30 Dec 2011 • by Natalie Aster
Uninterruptible Power Supply (UPS) Market - Global Market Size, Average Pricing, Market Share and Distribution Channel Analysis to 2020. The global UPS market achieved revenues of $8,008m in 2010, with a negative growth rate of 1.5% from the previous year. Due to the impact of the economic slowdown, the market has witnessed a decline in the growth rate over the last two years. On a positive note, the market is likely to achieve revenue figures of $14,875m in 2020. A factor contributing to this growth rate is the consistent demand for backup power from datacenter and IT markets. The ever growing concern imposed by lack of power quality and reliability and growing interest in emerging green energy storage technologies are other major factors contributing to this strong growth.
Revenues for the North American industrial UPS market were $2,811m in 2010. The lack of integrity in the power supply from the utility has triggered growth in the backup power market. Demand for larger sized UPSs is expected to grow, and larger sized UPSs are likely to benefit from an increase in public spending and moves to secure power at utilities and power generation sites. The market in the North America region is expected to grow to $5,120m in 2020.
Fabric Filters for Thermal Power - Global Market Size, Average Pricing, Equipment Market Share and Competitive Landscape Analysis to 2020. The global fabric filter market is expected to see significant growth over the forecast period, growing from $625m in 2010 to $1,211m in 2015. The major driver for the fabric filter market during this period is expected to be the stringent regulations controlling power plant Particulate Matter (PM) and mercury emissions. The stringent emission norms and increased air pollution monitoring are encouraging utilities to retrofit older equipment and Electrostatic Precipitators (ESPs) with fabric filters. In addition, improving economic conditions in many countries have benefited the global fabric filter market. ‘On hold’ orders for new air pollution equipment have started to materialize. The increasing global electricity demand is also expected to benefit the global fabric filter market.
New stringent regulations in European and North American countries is expected to be a major driver for the fabric filter market over the forecast period 2010-2015.The finalization of new regulations by the Environmental Protection Agency (EPA) will require utilities to retrofit old ESPs with fabric filters, which is expected to benefit the North American fabric filter market. Awareness of air pollution in Asia-Pacific region is also increasing, which has led governments in many countries to formulate new legislations for controlling PM emissions, thereby creating opportunities for the fabric filter market in the Asia-Pacific region.
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