Technology

Uninterrupted Power Supply Market Skyrockets to $17.52 Billion by 2031 Dominated by Tech Giants – Schneider Electric, Emerson Electric Co and Toshiba Corporation | The Insight Partners

Published

1 year ago

November 29, 2024

The global uninterrupted power supply market is set for explosive growth, with projections indicating a surge to $17.52 Billion by 2031. This remarkable expansion, driven by focus on energy efficiency in data centers and IoT-Enabled UPS systems.

NEW YORK, Nov. 29, 2024 /PRNewswire/ — According to a new comprehensive report from The Insight Partners, the Global Uninterrupted Power Supply Market is observing significant growth owing to the increase in the requirement for UPS in smart buildings. Further, the smart UPS systems are expected to bring new market trends in the coming years.

For Detailed Market Insights, Visit: https://www.theinsightpartners.com/reports/ups-market

The Uninterrupted Power Supply Market comprises dynamic grid support technology, which brings new opportunities for the uninterrupted power supply market growth. The report runs an in-depth analysis of market trends, key players, and future opportunities.

Market Overview and Growth Trajectory:

Uninterrupted Power Supply Market Growth: According to an exhaustive report by The Insight Partners, the Uninterrupted Power Supply Market is experiencing significant growth, driven by increase in requirement for UPS in smart buildings. The market, valued at $10.82 Billion in 2023, is expected to grow at a Compound Annual Growth Rate (CAGR) of 6.2% during 2023–2031.

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The global Uninterrupted Power Supply Market is observing substantial growth and is expected to maintain its upward trajectory in the foreseeable future. This growth can be accredited to numerous factors. One of the prime factors is the growing demand of UPS in smart buildings is acting as a major growth driver for the market. Smart buildings are equipped with technologically advanced products to ensure efficient use of the building’s resources. This aims to create a safe and comfortable environment for its residents. Internet of Things (IoT) sensors, building management, artificial intelligence (AI) systems, and robots are among the technologies used in smart buildings, all of which are integrated and enhanced by power saving solutions. Automation is critical in a smart building because of the high level of connection between many activities, for example, between data sent by real-time motion sensors connected to the Internet of Things and building management systems. This automation extends to HVAC, lighting, and security systems, among other areas. All equipment and systems that comprise a smart building must have a dependable, consistent, and high-quality electricity supply. Uninterruptible power supply (UPS) systems can protect the hardware and software infrastructure of any building, whether commercial, business, educational, or residential. Thus, the rising number of UPS in smart buildings is driving the market growth.

Dynamic Grid Support Technology: The energy environment is rapidly changing, with renewables playing an increasingly important role. The intermittent nature of these energy sources presents both challenges and opportunities, necessitating the development of new and more efficient UPS and energy storage systems and services, as well as providing flexibility in grid frequency control and energy demand for user’s site, allowing to tap into new revenue streams and save money. The grid occasionally demands additional capacity, which is often unavailable and costly. This is where energy storage system and dynamic grid support come in handy, particularly if there is a UPS system in place. The smart UPS technology makes use of the batteries’ storage systems to store energy and rapidly release it when needed—all while maintaining the UPS system’s ability to protect the load. Furthermore, a grid-interactive UPS with a sufficiently sized energy storage system is intended to respond quickly enough to meet frequency containment requirements while supporting income-generating services.

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Fast-Paced Adoption of Smart UPS Systems: A smart UPS can deliver real-time status updates, providing better insights into device health and performance. If a battery needs to be replaced, the system sends a notification. Many major market players are introducing smart UPS systems in the market to capture the potential demand. For instance, in June 2022, Schneider Electric introduced the APC Smart-UPS Modular Ultra, the most sustainable uninterruptible power supply (UPS). This UPS offers customers more scalable power in the lowest footprint, freeing up space for essential IT or other equipment while increasing uptime and minimizing the total cost of ownership. Schneider Electric’s APC Smart-UPS Modular Ultra reinvents the single-phase modular UPS category to address changing customer demands for dispersed edge computing and hybrid IT environments.

The US has vast financial hubs in New York and Chicago, as well as technological hubs in the Bay Area (San Francisco), Seattle, and Portland. As per the 2022 data released by Cloudscene, the US has approximately 5,381 data centers, which consume about 17 GW of electricity. This has led to an increased focus on energy efficiency and continuous power supply across these establishments. As a result, a UPS system is used in data centers to achieve high efficiency in smaller footprints, as well as enhanced battery energy storage using modern lithium-ion technologies and remote monitoring systems. Moreover, the US is home to well-developed healthcare, BFSI, and manufacturing sectors, which are the major adopters of UPS systems.

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Geographical Insights: In 2023, Asia Pacific led the market with a substantial revenue share, followed by North America and Europe. North America is expected to register the highest CAGR during the forecast period.

Uninterrupted Power Supply Market Segmentation, Applications, Geographical Insights:

Based on type, the market is divided into standby, line interactive and online. The online segment held a larger share of the Uninterrupted Power Supply Market in 2023.Based on rating, the market is bifurcated into up to 50 kVA, between 50 to 100 kVA, above 100 kVA. The above 100 kVA segment held the largest Uninterrupted Power Supply Market share in 2023.Based on end user, the market is divided into data centers, telecom, healthcare, industrial, others. The data centers segment held the largest Uninterrupted Power Supply Market share in 2023.The Uninterrupted Power Supply Market is segmented into five major regions: North America, Europe, APAC, Middle East and Africa, and South and Central America.

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Key Players and Competitive Landscape:

The Uninterrupted Power Supply Market is characterized by the presence of several major players, including:

Schneider ElectricEmerson Electric CoToshiba CorporationABB LtdEaton Corporation PLCMitsubishi Electric CorporationCyber Power Systems (USA), IncDelta Electronics, IncLegrandKehua TechRiello UPSS&C Electric Company

These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.

Uninterrupted Power Supply Market Recent Developments and Innovations:

Schneider Electric launched Back-UPS BE SeriesABB introduced the industry-first medium voltage UPSCyberPower Expanded Smart App Sinewave UPS Series to Include Lithium-Iron Models

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Conclusion:

The market is shifting toward IoT-enabled UPS systems. The IoT-enabled UPS systems have sensors that capture real-time data on battery status, load levels, temperature, and humidity. They submit this data to a cloud-based platform for complete analysis, which enables the necessary steps. This enables proactive monitoring and maintenance of UPS systems, resulting in early detection of possible issues and reduced downtime. For example, if a UPS system detects that the battery is getting low, it can instantly notify specific workers, allowing them to take action. Thus, the growing adoption of IoT-enabled UPS systems drives the global Uninterrupted Power Supply Market growth.

With projected growth to $17.52 Billion by 2031, the Uninterrupted Power Supply Market represents a significant opportunity for component providers, system technology integrators, system manufacturers, investors, industry stakeholders, and others. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape.

Related Report Titles:

Data Center UPS Market Analysis, Size, Share, Growth, Trends, and Forecast by 2031 Switch Mode Power Supply (SMPS) Market Size and Forecasts (2021 – 2031)Rotary Uninterruptible Power Supply Market Size and Forecasts (2021 – 2031)Industrial Power Supply Market Size and Forecasts (2021 – 2031)

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Ankit Mathur
E-mail: ankit.mathur@theinsightpartners.com
Phone: +1-646-491-9876
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Technology

Insta360 Previews New Luna Series and Major Updates at NAB Show 2026

Published

19 seconds ago

April 19, 2026

LAS VEGAS, April 19, 2026 /PRNewswire/ — Insta360, a global leader in innovative imaging technology, today opened its showcase at the 2026 NAB Show, unveiling a range of new products, bundles, and software updates, including a preview of an all-new product line.

New Additions to the Insta360 Lineup

Members of the media and NAB attendees were among the first globally to preview the upcoming Insta360 Luna Series, co-engineered with Leica, which includes Luna Pro and Luna Ultra. The series features a large 1-inch sensor, a bright F1.8 aperture, a variable focal length, and support for 10-bit color for smoother, more natural transitions in light and shadow, capturing more nuanced and detailed color straight from the camera. Luna Pro features a single-lens design, while Luna Ultra features a dual-lens design and enhanced telephoto performance.

Luna Ultra and Luna Pro were both being teased at the booth, and will be available in two distinct color options.

GO Ultra Tadej Pogačar Edition Bundle

Also on display was the Insta360 GO Ultra Tadej Pogačar Edition Bundle, released April 15. GO Ultra is the company’s latest compact, hands-free action camera, designed to deliver smooth, professional POV footage in any scenario.

Developed in collaboration with Tadej Pogačar, reigning Tour de France champion, this co-branded edition offers an immersive POV solution that captures the intensity and perspective of elite cycling.

“Cycling is about pushing limits and taking on challenges. With Insta360, I can share our sport’s passion and excitement. I hope this inspires cyclists to capture their own journeys and memories,” said Pogačar.

Previewed at NAB, Launching Soon

In addition to newer products already available, Insta360 showcased several upcoming innovations at NAB Show 2026, offering attendees an early look at what’s next.

The company previewed a new wireless microphone, Insta360 Mic Pro, built around a more integrated approach to audio in modern workflows. Designed to fit seamlessly into how creators shoot and move, it features a Customizable E-Ink Display that allows logos, names, or visual elements to be added, making the microphone part of the frame rather than something to hide. Through Insta360 Direct Connect, the system integrates directly with Insta360 cameras, reducing setup friction and removing the need for additional devices in fast-paced scenarios. A three-microphone array, combined with AI-powered processing and NPU-based noise reduction, helps maintain consistent audio clarity across changing environments, while internal recording provides an added layer of reliability when conditions are less controlled.

Additionally, the Insta360 GO 3S Retro Bundle was introduced, bringing a film inspired aesthetic to the compact POV camera. The bundle includes a Retro Viewfinder, stylized filters, and tactile accessories reminiscent of classic cameras, while maintaining the portability and functionality that defines GO 3S.

An upcoming major update to Flow 2 and Flow 2 Pro was also showcased, enhancing Insta360’s pocket AI filmmaker lineup for both iPhone and Android users. Key improvements include native multi-lens support for flagship Android devices such as the Samsung S26 Ultra, faster 360 panorama capture, Dual View Mode, and Apple Watch control on iPhone. These updates expand access to hands free, cinematic stabilized shooting across platforms.

About Insta360
With a “Think bold” mindset, Insta360 empowers people to capture and share their lives in extraordinary ways. Recognized as a market leader and innovator, Insta360’s vast lineup includes the world’s best-selling 360 cameras in the X Series, the thumb-sized GO Series for everyday capture, as well as an extensive range of action cameras, gimbals, webcams, and professional photography solutions. With intuitive, AI-powered software, Insta360 simplifies the creative process, allowing users to focus on storytelling without technical barriers. Insta360 is dedicated to helping a new generation of athletes, creatives, travelers and professionals bring their ideas to life.

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Technology

Saramonic WiTalk9 X: Modular-Designed, Lightweight Wireless Intercom System Redefines Team Communication

Published

1 hour ago

April 19, 2026

NEW YORK, April 19, 2026 /PRNewswire/ — Saramonic, a leading brand in audio solutions, announced a 9-Person Modular Full-Duplex Wireless Intercom System WiTalk9 X and the WiTalk9 Base. WiTalk9 X builds upon the success of the WiTalk9 with a focus on lightweight comfort and modular adaptability, introducing unprecedented flexibility and scalability of modern production teams from small to large.

Industry-First Modular Design for Maximum Flexibility

The Saramonic WiTalk9 X sets a new standard for adaptability in wireless intercom systems. Its industry-first modular construction allows users to switch between single-ear, dual-ear, or helmet-ready models, accommodating the diverse needs of different crew roles.

Weighing just 172 grams (6 oz) with battery in its single ear configuration, the WiTalk9 X delivers all-day comfort for demanding production environments. The IPX4-rated, lightweight design allows professionals who wear headsets for extended periods during long shoots or live events to focus on their work.

Intelligible Voice Communication: Saramonic ClearTalk™2.0 Technology and AI Noise Cancellation

Saramonic ClearTalk™2.0 combines the dual-microphone array and Saramonic AI Noise Cancellation. The cardioid main microphone focuses on the speaker’s voice, and the omnidirectional secondary mic collects the noise as samples for Saramonic AI Noise cancellation to separate the vocal and noise, ensuring clear and stable voice communication.

Saramonic AI Noise Cancellation is trained by over 700,000 noise samples across 20,000+ hours. Compared to traditional environmental noise cancellation that only handles ambient sounds, it identifies and separates noise in real-time to keep voice clear and stable within team communication, even when multiple crews speak at once in a complex environment.

Efficient Team Work with Dual-Antenna Design and Saramonic WiTalk Wireless Intercom Ecosystem

The WiTalk9 X features both internal and external antennas to continuously monitor signal quality and select the stronger signal. It operates on the 1.9 GHz DECT Technology and offers up to 12 hours battery life with a spare rechargeable lithium battery for quick replacement, enables teams to stay connected within 1,300 ft (400m) – ideal for events, film shoots, and live performances.

Saramonic WiTalk9 X supports a 9-person system without a hub, and can be easily scaled up to 64 users via WiTalk Base, enabling group cascading and remote collaboration with an industry-leading range of up to 700 meters.

Pricing and Availability

The Saramonic WiTalk9 X is available through official stores. For detailed pricing and configuration options, please contact your local Saramonic representative or visit www.saramonic.com.

Contact: marketing@saramonic.com

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Technology

Siemon Releases 2026 ESG Report and Progress Update Report

Published

2 hours ago

April 19, 2026

WATERTOWN, Conn., April 19, 2026 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in high‑performance network infrastructure solutions for data centers and smart buildings, is proud to announce the release of its 2026 Environmental, Social, and Governance (ESG) Report, showcasing accelerated climate action, third‑party‑verified performance, and continued leadership in transparent, responsible business practices. The report highlights Siemon’s strongest ESG results to date, including early achievement of science‑based climate targets, expanded renewable energy adoption, increased product transparency, and a people‑first culture that supports accountability, equity, and long‑term value creation.

Sustainability is not a side initiative; it’s embedded in how we operate, how we innovate, and how we lead. This year’s report reflects disciplined execution across our Sustainable Development Goals, our value chain, and our workforce.

Key Highlights from the 2026 ESG Report:

Greenhouse Gas (GHG) Emissions

Achieved a 69% absolute reduction in Scope 1 and Scope 2 emissions from a 2021 baseline, surpassing the company’s 2031 SBTi‑validated target four years ahead of schedule.Reduced Scope 3 emissions intensity by 23.1%, while maintaining essentially flat absolute emissions despite business growth.

Energy, Water & Waste

Increased renewable energy usage to 90% of global operations, achieving Scope 2 carbon neutrality at major U.S. and China facilities.Reduced water usage by 30%, exceeding the company’s long‑term reduction goal.Delivered a 17.1% absolute reduction in waste, supported by expanded recycling and sustainable packaging initiatives.

Product Transparency & Customer Enablement

Expanded Environmental Product Declaration (EPD) coverage to 41% of sales and Health Product Declaration (HPD) coverage to 49% of sales, supporting green building and material health requirements to a screening threshold of 100 ppm.Launched an online compliance portal providing on‑demand regulatory and standards assurance for 99% of finished goods, including RoHS, REACH, PFAS, and conflict minerals.

People & Social Impact

Certified™ by Great Place To Work® in the U.S. for the third consecutive year, with 90.4% of employees globally affirming Siemon as a great place to work.We have made a commitment to ensure that 100% of our employees are paid at or above the living wage. Contributed 2,600+ volunteer hours and over $160,000 in charitable giving, supporting education, community, and conservation initiatives worldwide.

Governance & Transparency

Advanced alignment with the EU Corporate Sustainability Reporting Directive (CSRD), completing a third‑party‑reviewed Double Materiality Assessment and Limited Assurance Audit.Maintained 100% employee training on the Company Code of Conduct, aligned with the UN Global Compact and Responsible Business Alliance principles.

“Sustainability is not a side initiative; it’s embedded in how we operate, how we innovate, and how we lead. This year’s report reflects disciplined execution across our Sustainable Development Goals, our value chain, and our workforce. We’re focused on delivering measurable progress today while building the systems and governance needed for the future.”

– John Siemon, Chief Technology Officer and Chief Operating Officer at Siemon

In a unique effort to bridge corporate reporting with tangible action, Siemon has integrated an interactive giving component into the digital publication. Within the executive summary and each primary pillar – Environmental, Social, and Governance -readers will find a dedicated link to unlock a corporate donation. This initiative empowers stakeholders to personally direct Siemon to fund toward one of five global non-profit partners: Habitat for Humanity, Doctors Without Borders, Engineers Without Borders, One Tree Planted, or Oceana.

The full 2026 ESG Report is available for download at www.siemon.com/esg.

About Siemon

Siemon is a global market leader in the design and manufacture of high-performance connectivity solutions for data centers and smart buildings. We empower our customers to connect faster, scale smarter and deploy with confidence. Founded in 1903, our legacy of customer-driven innovation, engineering excellence, and an unwavering commitment to sustainability has made us the benchmark for quality and reliability. We deliver precision-built copper, fiber and high-speed connectivity solutions that perform at scale, with the flexibility, speed, and support our customers rely on. With operations in over 100 countries, Siemon has one of the industry’s broadest solution portfolios and is the trusted partner behind the networks that connect the world. Find out more at www.siemon.com.

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

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SOURCE Siemon