World UPS Market Records Double-Digit Growth - 30 August 2006
The World UPS market grew by 11.5% in the first half of 2006 according to the latest market statistics from IMS Research. Strong growth was observed in all three major regions when compared to same period in 2005.
Surprisingly, EMEA recorded the highest growth for the first half of the year, with the Americas and Asia following close behind. All three regions boasted double-digit growth figures. These encouraging results are revealed in IMS Research’s latest analysis of the UPS market, which provides up-to-date measurements of market performance.
Ash Sharma, Senior Market Analyst with IMS Research’s Power & Energy Group, commented “The global UPS market recorded massive growth in the first half of 2006 despite a slight dip in the first quarter. Historical results indicate that the second half of the year could provide growth at an even faster rate, achieving a record market size.” For further information on the UPS market and details of quarterly updates contact IMS Research.
About IMS Research
IMS Research is a specialist supplier of market research and consultancy services on global electronics markets. Information from IMS Research is used by major companies worldwide to assess market trends, solve marketing problems, and improve the efficiency of their businesses. IMS Research is an international company, selling in more than 35 countries around the world and supported by headquarters in Wellingborough, UK and offices in Austin, Texas and Shanghai, China. IMS Research’s Power & Energy Group regularly provides market intelligence on a diverse range of power products and applications including power supplies and external adapters, UPS, semiconductors, and utility meters. IMS Research has also played a key part in the highly regarded European Power Supply Manufacturers Association (EPSMA) since it was founded and acts as Secretariat for the organisation.