Report Id: SNS/SEMI/1314 | May 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Data Center Power Market was valued at USD 7.61 billion in 2021 and is expected to reach USD 12.87 billion by 2028, and grow at a CAGR of 7.8% over the forecast period 2022-2028.
Data centre power is defined as a power solution that assists data centres in managing their power consumption efficiency (PUE) and improving overall efficiency. To reduce total power consumption, data centre manufacturers create complex power control systems such as complex rack power distribution units (PDUs), intelligent uninterruptible power supplies (UPS), and battery monitoring devices. UPS systems are used to protect power supply disruption, in addition to reducing data centre costs to reduce power consumption and operating costs, and digital growth and cloud computing are some of the key drivers influencing the industry. As a result, businesses are outsourcing their computer needs to cloud-based technologies in order to meet other factors such as the increasing popularity of consumer communication platforms and the adoption of the Internet and digital computers services by business.
Reduce operational costs.
Power systems that are both energy efficient and cost effective.
Power systems that are both sustainable and highly reliable.
Significant initial investment.
Transition from traditional to modern data centre.
Technologically advanced and energy-efficient solutions.
Efficiency through data centre renovation.
Dependability, adaptability, and scalability, and cost-efficiency.
Requirements for standards.
Tensions in geopolitics.
IMPACT OF COVID-19:
In the event of a COVID-19 outbreak, data centres and data centre power plants are critical. Because of the rapid increase in data usage and productivity by businesses and individuals, the number of reliable and accessible data centres has increased. As the number of remote services grows, data centres around the world are becoming computer centres for end users and businesses. The company can address COVID-19-related concerns and customer expectations with new features such as IoT, edge computing, and 5G.
The rapid growth and expansion of IT infrastructure are expected to boost demand during forecasting. Furthermore, as telecommunications infrastructure evolves, data storage facilities are required to manage large amounts of data. Furthermore, for IT and telecommunications facilities, dependability, power consumption, and maintenance are critical. This feature is expected to expand further in the coming years. One of the primary reasons for the high demand for BFSI services is the increasing digital focus. Furthermore, the industry has shifted its focus to cloud computing and the cloud network in order to increase banking capacity, creating a high demand for data centres. During the forecast period, this feature is expected to boost market growth.
Key players in data center power are Vertiv Group Corp., ABB Ltd., Eaton, Corporation PLC, Toshiba Corp., Siemens AG, Legrand S, Mitsubishi Electric Corporation, Delta Electronics Inc., Cisco Systems Inc., Emerson Electric Company, Schneider Electric, General Electric, Raritan Inc, Rittal GmbH & Co. KG, Server Technology Inc., Tripp Lite, CyberPower System, Black Box Corporation, Caterpillar Inc., HP Enterprise Company and other.
Hyperscale data centers
IT and Telecommunication
Media and Entertainment
North America has the highest revenue market share because it has the most data centres in the world. Governments and regulatory bodies have introduced and implemented a variety of policies and regulations to reduce carbon footprint and energy consumption. This has resulted in a high adoption of power management solutions, which increases the region's need. Due to the rapid increase in the number of data centres in developing countries such as India and China, Asia Pacific is expected to grow at a high CAGR during the forecast period 2022-2028. Furthermore, the growing number of telecom subscribers worldwide using smartphones and tablets is expected to boost regional demand during forecasting.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 7.61 Billion|
|Market Size by 2028||US$ 12.87 Billion|
|CAGR||CAGR of 7.8% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Type (Solutions, Service)
• by Equipment ( heavy and compact construction equipment)
• by Components (Power distribution, Power monitoring, Power backup, Cabling infrastructure)
• by Application (Colocation Providers, Cloud providers, Hyperscale data centers, BFSI, IT and Telecommunication, Media and Entertainment, Healthcare, Government, Defense, Retail, and Manufacturing)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Vertiv Group Corp., ABB Ltd., Eaton, Corporation PLC, Toshiba Corp., Siemens AG, Legrand S, Mitsubishi Electric Corporation, Delta Electronics Inc., Cisco Systems Inc.|
|Key Drivers||• Reduce operational costs.
• Power systems that are both energy efficient and cost effective.
|RESTRAINTS||• Significant initial investment.
• Transition from traditional to modern data centre.
Frequently Asked Questions (FAQ) :
Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.
Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.
Significant initial investment and Transition from traditional to the modern data center are limiting the Data Center Power Market's expansion growth.
Data Center Power Market size was valued at 7.61 billion in 2021 at a CAGR of 7.8%.
Table of Contents
1.1 Market Definition
1.2 Market Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Data Center Power Market Segmentation, by Type
9. Global Data Center Power Market Segmentation, by Components
9.2 Power distribution
9.3 Power monitoring
9.4 Power backup
10.Global Data Center Power Market Segmentation, By Application
10.2 Large Enterprises
10.4 Colocation providers
10.5 Cloud providers
10.6 Hyperscale data centers
10.8 IT and Telecommunication
10.9 Media and Entertainment
11.2 North America
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4.2 South Korea
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.3 South Africa
11.6 Latin America
11.6.3 Rest of Latin America
12.1 ABB Ltd.
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Vertiv Group Corp.
12.3Eaton Corporation PLC
12.4 Toshiba Corp.
12.5 Siemens AG
12.6 Legrand SA
12.7 Mitsubishi Electric Corporation
12.8 Delta Electronics Inc.
12.9 Cisco Systems Inc.
12.10 Emerson Electric Company
12.11 Schneider Electric
12.12 General Electric
12.13 Raritan Inc.
12.14 Rittal GmbH & Co. KG
12.15 Server Technology, Inc.
12.16 Tripp Lite
12.17 CyberPower System
12.18 Black Box Corporation
12.19 Caterpillar Inc.
12.20 HP Enterprise Company
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
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