According to a recent report published by CCID, Kstar, the leading provider of AC & DC Power Supply Systems has once again topped the list of China’s UPS (Uninterruptible Power Supply) market based on 2020 unit sales.
The company has been leading the domestic market for 21 years consecutively.
Based on this latest CCID data, Kstar sold 20,0000 UPS in China last year, 120000 more than the 2nd ranked supplier and climb to sixth in high capacity ≥200kva UPS market. Kstar UPSs are widely used in China’s telecom, finance, and transportation industry.
The company’s sales leader attributed the achievement to the government’s efficacy in controlling and reducing disease transmission, the company’s brand strength and sales channel.
“The recovery of the economy, the demand of digital transformation and healthcare industry are all propelling the growth of China uninterruptible power system market.
What’s more, our continuous investment strategy in R&D, product quality and sales channels help us to keep the leading position in the well-known huge and highly competitive China market. Since the first line-interactive UPS was launched in 1993, Kstar never limits herself in introducing the latest innovative UPS from single-phase tower solution to three-phase modular systems.”
According to CCID analysis, the total revenue of the China UPS market reached US$11.7 billion (7.6 billion RMB) in 2020, with a year-on-year growth of 3.2%.
Although the Covid-19 pandemic had caused a drop in China UPS Q1-Q2 sales due to nationwide lockdowns at the peak of its Covid-19 outbreak, the shipments have recovered steadily and achieve growth after the coronavirus outbreak under control.
The development of the digital economy and China’s new infrastructure plan all play important roles in speeding up the UPS market, said the report.
(Source: 2019-2020 Annual Report on China’s UPS Market Research (CCID))
In addition to surging domestic sales, Kstar has been active in exploring the overseas market. At present, the products have been exported to more than 150 countries and regions such as Asia-Pacific, Europe, America and Africa. kstar products are famous for their reliable, innovative and efficient.
Besides UPS, Kstar is also a major player for sealed lead acid batteries, modular data center solutions, PV inverters and storage systems in China.