UPS Service Market Grew 8 percent in 2007

The North American uninterruptible power supply (UPS) service market generated $876.3 million in revenues in 2007, growing at a rate of 8.1 percent over 2006, according to a new report from Frost & Sullivan. The market is projected to grow at a compound annual growth rate of 5.7 percent between 2007 and 2014. UPS service growth is driven primarily from demand from data center operators.

"Revenues are likely to be dominated by services supporting three-phase products throughout the forecast period," the report says. "Preventive and breakdown maintenance represented 61.9 percent of the total UPS service revenues in 2007. This consists of on-site service for breaks and fixes for the duration of two, three, and five years."

The full report, titled North American UPS Service Markets, is available from Frost & Sullivan in the US or Research and Markets in the UK.