China Uninterruptible Power System (UPS) Market worth RMB 9 Billion by 2023

June 2021

Recently, technology firm CCID released its 2019-2020 Annual Report on China's UPS Market Research. Based on the CCID data, China's uninterrupted power supply market has reached a value of RMB 7.46 billion (1.15 billion USD) in 2020, growing at the rate of 3.2 ercent per year. It is expected that the Chinese UPS market sales will exceed RMB 9 billion (USD 1.3 billion) by 2023.