Dublin, Jan. 02, 2019 (GLOBE NEWSWIRE) -- The "Malaysia UPS Systems Market (2018-2024): Market Forecast by KVA Ratings, by Applications, by Regions and Competitive" report has been added to ResearchAndMarkets.com's offering.

Malaysia Uninterruptible Power Supply (UPS) Systems Market is projected to grow at a CAGR of 8.4% during 2018-24. Government initiatives such as the Economic Transformation Programme and 11th Malaysian Plan are anticipated to drive the growth of the construction, transportation and manufacturing industries. This would further proliferate the sales of UPS systems in Malaysian market during the forecast period.

The demand for UPS systems in Malaysia has witnessed substantial growth in the past few years on the back of growing need to control power fluctuations and provide back-up in case of power cut offs during critical operations. Further, surging construction and manufacturing activities along with a growing number of data centers, commercial offices and hotels are expected to boost the market for UPS systems in Malaysia over the next six years.

Amongst all the applications, the commercial application occupied the majority of the revenue share, followed by the industrial application in the overall Malaysia UPS systems market in 2017. Upcoming projects such as Fairmont Kuala Lumpur Tower 2, the exchange mall and KPJ Damansara 2 Specialist Hospital would generate more demand for UPS systems in the retail, offices, healthcare and other commercial segments over the coming years. Moreover, government efforts to boost the industrial and manufacturing sectors of Malaysia would also positively affect the growth of the UPS systems market in the country.

The report thoroughly covers the Malaysia Uninterruptible Power Supply (UPS) Systems market by kVA ratings, applications, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:

Scope of the Report

By KVA Ratings

By Applications

By Regions

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/research/4894sn/malaysia_ups?w=12

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Related Topics: Electricity