Dublin, March 30, 2021 (GLOBE NEWSWIRE) — The “Uninterrupted Power Supply System Market by Type, Rating and End User: Opportunity Analysis and Industry Forecast, 2020-2027” report has been added to ResearchAndMarkets.com’s offering. The global uninterrupted power supply market was valued at $7.4 billion in 2019, and is projected to reach $9.4 billion by 2027, growing at a CAGR of 4.3% from 2020 to 2027.Uninterrupted power supply is battery backup system, which is used as immediate power source for the connected load during any failure in the main input power source. This is used as temporary power supply to ensure orderly shutdown of electrical appliances. Uninterrupted power supply used with hardware systems can help to prevent serious damage in the hardware during frequent power loss. UPS is widely used in different sectors including data centers, industries, telecommunications, and hospitals.The market is driven by increase in need for reliable and high quality energy solutions for different industries including data centers, telecommunication etc. UPS allow business organizations to run facilitates under power shortage. In addition, the growing population and frequent power failures for both commercial and residential sectors will positively impact the market growth. Furthermore, emerging economies, such as China, India, and Japan are actively investing in uninterrupted power supply market which will further impact the market scenario. However, the high cost of online UPS and high maintenance cost of UPS system may impede the market growth in residential sector. Nonetheless, advancements in UPS battery systems, such as new Lithium-ion (Li-ion) batteries with high operating temperature will create lucrative opportunities in the market.The global uninterrupted power supply market is segmented on the basis of type, rating, and end user. On the basis of type, it is divided into online, offline and line interactive. The offline UPS systems accounted for significant market share, owing to significant demand in small scale and medium scale applications for computers, printers, or scanners Based on rating, it is categorized into (< 5KVA, 5-< 50 KVA, 50-200 KVA, and >200 KVA. The >200 KVA rating UPS system accounted for significant revenue share. This is attributed to growing application in commercial and industrial end-user segments for various heavy appliances. Based on end user, it is segmented into residential, industrial, and commercial. Industrial sector accounted for highest market share, owing to rise in demand for reliable energy solutions. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA, with country level analysis of each region.Major players have adopted product launch and agreements to sustain the intense market competition. For instance, in March 2019, Eaton Corporation launched Eaton 5P UPS system which can be used as a tower UPS, wall mount UPS, and rackmount UPS. This product launch enhanced company’s market presence in IT and data center reducing the maintenance cost. The key players profiled in the report include Schneider Electric Se, Abb Ltd., Soro Electronics, Luminous power technologies, MicROTEK, Delta Electronics Inc, Emersion Electric Co., and Huawei Technologies Co., Ltd.COVID-19 scenario analysis: The global uninterrupted power supply market witnessed significant surge in demand during this pandemic period. This is attributed to social distancing and work from home norms, which increased the demand in residential end-user segment.In addition, large number of power plants and substations were operating with limited workforce, which led to frequent power loss.Such power shortage during this pandemic led to increase in demand for UPS systems for residential as well as industrial sectors.However, due to restrictions on cross border export and import, the UPS supply chain have been negatively affectedMoreover, the delay in upstream and downstream channels lead to increase in the inventory carrying cost. Key Benefits for Stakeholders: The global uninterrupted power supply market analysis covers in-depth information of major industry participants.Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.Major countries have been mapped according to their individual revenue contribution to the regional market.The report provides in-depth analysis of the global uninterrupted power supply market for the period 2020-2027.The report outlines the current global uninterrupted power supply market trends and future estimations of the global uninterrupted power supply market from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.Key drivers, restraints & opportunities and their detailed impact analysis of the global uninterrupted power supply market are explained in the study. Key Topics Covered: CHAPTER 1: INTRODUCTION1.1. Report description1.2. Key benefits for Stakeholders1.3. Key Market Segments1.4. Research methodology1.4.1. Primary research1.4.2. Secondary research1.4.3. Analyst tools and modelsCHAPTER 2: EXECUTIVE SUMMARY2.1. Key findings of the study2.2. CXO perspectiveCHAPTER 3: MARKET LANDSCAPE3.1. Market definition and scope3.2. Key findings3.2.1. Top investment pockets3.3. Porter’s five forces analysis3.4. Market share analysis & Top player positioning, 20193.4.1. Top player positioning, 20193.5. Market dynamics3.5.1. Drivers3.5.1.1. Increase in demand for reliable power solutions3.5.1.2. Increase in disposable income3.5.2. Restraint3.5.2.1. High maintenance cost of UPS systems3.5.3. Opportunity3.5.3.1. Advancement in UPS battery systems3.6. Impact of Covid-19 Outburst on Uninterrupted Power Supply (UPS) System MarketCHAPTER 4: UNINTERRUPTED POWER SUPPLY (UPS) SYSTEM MARKET, BY TYPE4.1. Overview4.1.1. Market size and forecast4.2. Online4.2.1. Key market trends, growth factors, and opportunities4.2.2. Market size and forecast, by region4.3. Offline4.3.1. Key market trends, growth factors, and opportunities4.3.2. Market size and forecast, by region4.4. Line interactive4.4.1. Key market trends, growth factors, and opportunities4.4.2. Market size and forecast, by regionCHAPTER 5: UNINTERRUPTED POWER SUPPLY (UPS) SYSTEM MARKET, BY RATING5.1. Overview5.1.1. Market size and forecast5.2.< 5 KVA5.2.1. Key market trends, growth factors, and opportunities5.2.2. Market size and forecast, by region5.3.5-< 50 KVA5.3.1. Key market trends, growth factors, and opportunities5.3.2. Market size and forecast, by region5.4.50-200 KVA5.4.1. Key market trends, growth factors, and opportunities5.4.2. Market size and forecast, by region5.5.>200 KVA5.5.1. Key market trends, growth factors, and opportunities5.5.2. Market size and forecast, by regionCHAPTER 6: UNINTERRUPTED POWER SUPPLY (UPS) SYSTEM MARKET, BY RATING6.1. Overview6.1.1. Market size and forecast6.2. Residential6.2.1. Key market trends, growth factors, and opportunities6.2.2. Market size and forecast, by region6.3. Industrial6.3.1. Key market trends, growth factors, and opportunities6.3.2. Market size and forecast, by region6.4. Commercial6.4.1. Key market trends, growth factors, and opportunities6.4.2. Market size and forecast, by regionCHAPTER 7: UNINTERRUPTED POWER SUPPLY (UPS) SYSTEM MARKET, BY REGION7.1. Overview7.2. North America7.3. Europe7.4. Asia-Pacific7.5. LAMEACHAPTER 8: COMPETITIVE LANDSCAPE8.1. Introduction8.2. Product mapping of top 10 players8.3. Competitive Heatmap8.4. Key development8.4.1. Agreement8.4.2. Product LaunchCHAPTER 9: COMPANY PROFILES9.1. Schneider Electric SE9.1.1. Company overview9.1.2. Company Snapshot9.1.3. Operating business segments9.1.4. Product Portfolio9.1.5. Business performance9.1.6. Key strategic moves and developments9.2. ABB Ltd.9.2.1. Company overview9.2.2. Company Snapshot9.2.3. Operating business segments9.2.4. Product portfolio9.2.5. Business performance9.2.6. Key strategic moves and developments9.3. SORO Electronics9.3.1. Company overview9.3.2. Company snapshot9.3.3. Operating business segments9.3.4. Product Portfolio9.4. Luminous Power Technologies9.4.1. Company overview9.4.2. Company snapshot9.4.3. Operating business segments9.4.4. Product Portfolio9.5. Microtek9.5.1. Company overview9.5.2. Company snapshot9.5.3. Operating business segments9.5.4. Product Portfolio9.6. Delta Electronics, Inc.9.6.1. Company overview9.6.2. Company snapshot9.6.3. Operating business segments9.6.4. Product Portfolio9.6.5. Business performance9.7. Emerson Electric Co.9.7.1. Company overview9.7.2. Company snapshot9.7.3. Operating business segments9.7.4. Product portfolio9.7.5. Business performance9.8. Huawei Technologies Co., Ltd.9.8.1. Company overview9.8.2. Company snapshot9.8.3. Operating business segments9.8.4. Product Portfolio9.8.5. Business performance9.8.6. Key strategic moves and developments9.9. Eaton Corporation9.9.1. Company overview9.9.2. Company snapshot9.9.3. Operating business segments9.9.4. Product portfolio9.9.5. Business performance9.9.6. Key strategic moves and developments9.10. Legrand9.10.1. Company overview9.10.2. Company snapshot9.10.3. Operating business segments9.10.4. Product portfolio9.10.5. Business performance9.10.6. Key strategic moves and developmentsFor more information about this report visit https://www.researchandmarkets.com/r/uvq535 CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
TORONTO – Roots Corp. may have built its brand on all things comfy and cosy, but its CEO says activewear is now “really becoming a core part” of the brand.
The category, which at Roots spans leggings, tracksuits, sports bras and bike shorts, has seen such sustained double-digit growth that Meghan Roach plans to make it a key part of the business’ future.
“It’s an area … you will see us continue to expand upon,” she told analysts on a Friday call.
The Toronto-based retailer’s push into activewear has taken shape over many years and included several turns as the official designer and supplier of Team Canada’s Olympic uniform.
But consumers have had plenty of choice when it comes to workout gear and other apparel suited to their sporting needs. On top of the slew of athletic brands like Nike and Adidas, shoppers have also gravitated toward Lululemon Athletica Inc., Alo and Vuori, ramping up competition in the activewear category.
Roach feels Roots’ toehold in the category stems from the fit, feel and following its merchandise has cultivated.
“Our product really resonates with (shoppers) because you can wear it through multiple different use cases and occasions,” she said.
“We’ve been seeing customers come back again and again for some of these core products in our activewear collection.”
Her remarks came the same day as Roots revealed it lost $5.2 million in its latest quarter compared with a loss of $5.3 million in the same quarter last year.
The company said the second-quarter loss amounted to 13 cents per diluted share for the quarter ended Aug. 3, the same as a year earlier.
In presenting the results, Roach reminded analysts that the first half of the year is usually “seasonally small,” representing just 30 per cent of the company’s annual sales.
Sales for the second quarter totalled $47.7 million, down from $49.4 million in the same quarter last year.
The move lower came as direct-to-consumer sales amounted to $36.4 million, down from $37.1 million a year earlier, as comparable sales edged down 0.2 per cent.
The numbers reflect the fact that Roots continued to grapple with inventory challenges in the company’s Cooper fleece line that first cropped up in its previous quarter.
Roots recently began to use artificial intelligence to assist with daily inventory replenishments and said more tools helping with allocation will go live in the next quarter.
Beyond that time period, the company intends to keep exploring AI and renovate more of its stores.
It will also re-evaluate its design ranks.
Roots announced Friday that chief product officer Karuna Scheinfeld has stepped down.
Rather than fill the role, the company plans to hire senior level design talent with international experience in the outdoor and activewear sectors who will take on tasks previously done by the chief product officer.
This report by The Canadian Press was first published Sept. 13, 2024.
VANCOUVER – Mediated talks between the union representing HandyDART workers in Metro Vancouver and its employer, Transdev, are set to resume today as a strike that has stopped most services drags into a second week.
No timeline has been set for the length of the negotiations, but Joe McCann, president of the Amalgamated Transit Union Local 1724, says they are willing to stay there as long as it takes, even if talks drag on all night.
About 600 employees of the door-to-door transit service for people unable to navigate the conventional transit system have been on strike since last Tuesday, pausing service for all but essential medical trips.
Hundreds of drivers rallied outside TransLink’s head office earlier this week, calling for the transportation provider to intervene in the dispute with Transdev, which was contracted to oversee HandyDART service.
Transdev said earlier this week that it will provide a reply to the union’s latest proposal on Thursday.
A statement from the company said it “strongly believes” that their employees deserve fair wages, and that a fair contract “must balance the needs of their employees, clients and taxpayers.”
This report by The Canadian Press was first published Sept. 12, 2024.
MONTREAL – Travel company Transat AT Inc. reported a loss in its latest quarter compared with a profit a year earlier as its revenue edged lower.
The parent company of Air Transat says it lost $39.9 million or $1.03 per diluted share in its quarter ended July 31.
The result compared with a profit of $57.3 million or $1.49 per diluted share a year earlier.
Revenue in what was the company’s third quarter totalled $736.2 million, down from $746.3 million in the same quarter last year.
On an adjusted basis, Transat says it lost $1.10 per share in its latest quarter compared with an adjusted profit of $1.10 per share a year earlier.
Transat chief executive Annick Guérard says demand for leisure travel remains healthy, as evidenced by higher traffic, but consumers are increasingly price conscious given the current economic uncertainty.
This report by The Canadian Press was first published Sept. 12, 2024.
