Data Center Power Market was valued at USD 8.20 billion in 2022 and is expected to reach USD 14.96 billion by 2030, and grow at a CAGR of 7.8% over the forecast period 2023-2030.
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.
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KEY DRIVERS:
Reduce operational costs.
Power systems that are both energy efficient and cost effective.
Power systems that are both sustainable and highly reliable.
RESTRAINTS:
Significant initial investment.
Transition from traditional to modern data centre.
Technologically advanced and energy-efficient solutions.
OPPORTUNITIES:
Efficiency through data centre renovation.
Dependability, adaptability, and scalability, and cost-efficiency.
CHALLENGES:
Requirements for standards.
Computational nodes.
Tensions in geopolitics.
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.
BY APPLICATION
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.
BY TYPE
Solutions
Service
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
Manufacturing
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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 2023-2030. Furthermore, the growing number of telecom subscribers worldwide using smartphones and tablets is expected to boost regional demand during forecasting.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The 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
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.
Toshiba Corp-Company Financial Analysis
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 8.20 Billion |
| Market Size by 2030 | US$ 14.96 Billion |
| CAGR | CAGR of 7.8% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| 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. |
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. Introduction
1.1 Market Definition
1.2 Market Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Data Center Power Market Segmentation, by Type
8.1Introduction
8.2Services
8.3 solution
8.4 other
9. Global Data Center Power Market Segmentation, by Components
9.1 Introduction
9.2 Power distribution
9.3 Power monitoring
9.4 Power backup
10.Global Data Center Power Market Segmentation, By Application
10.1 Introduction
10.2 Large Enterprises
103 SMEs
10.4 Colocation providers
10.5 Cloud providers
10.6 Hyperscale data centers
10.7 BFSI
10.8 IT and Telecommunication
10.9 Media and Entertainment
10.10 Healthcare
10.11 Government
10.12 Defense
10.13 Retail
10.14 Manufacturing
10.15 other
11.Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12.Company Profiles
12.1 ABB Ltd.
12.1.1 Financial
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.Competitive Landscape
13.1 Competitive Benchmark
13.2 Market Share analysis
13.3 Recent Developments
14.Conclusion
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