$1.5 Billion Transformerless UPS Markets - Global Industry Trends, Share, Size, Growth, Opportunity and Forecasts, 2015-2020 & 2021-2026 - ResearchAndMarkets.com [MarketWatch]
ABB Ltd (ABB)
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Source: MarketWatch
DUBLIN, (BUSINESS WIRE) -- The "Transformerless UPS Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The global transformerless UPS market reached a value of US$ 1.5 Billion in 2020. Looking forward, the analyst expects the global transformerless UPS market to exhibit strong growth during the next five years. The market is expected to experience growth once lockdown restrictions are uplifted. Uninterruptible power supply (UPS) refers to a device that helps computers run for a short while in case the primary source of power fails. Unlike inverter systems, UPS systems provide near-instantaneous power supply, as well as intercept power surge from the primary source. Earlier system designs used a transformer to boost low incoming voltages, but nowadays, there is a significant rise in the usage of transformerless UPS systems. Transformerless UPS systems rely on insulated-gate bipolar
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