The Data Center Power Market appreciated by US$ 6046.0 million in the year 2016. It is estimated to develop at a substantial CAGR for the duration of the prediction. The growing necessity of cloud storage has caused in a huge capacity of data centers everywhere the world. This sequentially, ingest a vast quantity of energy. It expected that approximately 3% of generated electricity be use up by such type of amenities, per year.

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The Data Center Power on the source of Type of End Use could span Retail, Energy, Banking and Financial Services Institutions [BFSI], Healthcare, Government, IT & Telecom, and Others. Internationally, the greater demand has observed for data centers in Banking and Financial Services Institutions [BFSI]. It mostly motivated by the growing emphasis of the business on digitization. Furthermore, with the purpose of upsurge capabilities of banking sector, the business has moved on the way to cloud networking and cloud computing. This has given a rise to an enormous demand, thus motivating the progress of the market above the period of prediction.

The subdivision of telecom has appeared by way of the speedily developing subdivision in the market. The increasing telecommunication substructure necessitates alike amenities to accomplish the huge quantity of data. Causing in the growing expansion of new-fangled data centers. This expected to propel the demand for power organizations resolutions.

The Data Center Power market on the source of Type of Product could span Busway, Power Distribution Units [PDU], Uninterrupted Power Supply [UPS], and others. In the system of the data center power industry, Power Distribution Units [PDU]retailers are offering resolutions. It has abilities of energy observing and regulate the ingestion to safeguard improved usage of energy assets.

Power Distribution Units [PDU] are assisting businesses to decrease usage of energy & carbon track. It is improving the competence of the organizations, thus motivating the demand for clever Power Distribution Units [PDU] above the period of prediction. The companies functioning in the market are mainly concentrating on gaining products those are assisting to upsurge energy effectiveness and are handling energy ingestion due to the increasing practice of these arrangements.

The Data Center Power market on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage in these areas for the duration of the prediction could span North America [U.S.A, Canada], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], Latin America [Brazil, Mexico], Middle East & Africa.

By the source of geography, North America held the biggest stake of market in the year 2016 because the area possess the maximum amount of data centers in the world.

Moreover, only the U.S.A. responsible for above 30% stake of the data center power market in the year 2016. Numerous standards and guidelines have presented and applied by administrations and controlling organizations to decrease carbon trails and energy ingestion. This has caused in the massive acceptance of well-organized power administration procedures in data centers in the area of North America.

Furthermore, the area of Asia Pacific anticipated observing a greater development percentage due to the fast growth in the capacity of colocation data centers in developing nations, for example China and India. The statement revises Trades in terms of intake of Data Center Power in the market; particularly in North America, Europe, Asia Pacific, Latin America and Middle East & Africa. It concentrates on the topmost companies operating in these regions.

Some of the important companies operating in the field on the international basis are General Electric, Eaton Corporation, Emerson Electric, Schneider Electric, and ABB Group. Additional notable companies operating in the field on international basis are Belkin, Riello, Toshiba Corporation, Fuji Electric, HP Enterprise Company, Black Box Corporation, Tripp Lite. Rittal GmbH & Co. KG, Delta Power Solutions, Caterpillar Inc., Cyber Power System, Server Technology, Inc., and Raritan Inc.

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Market Segment:

Data Center Power Product Outlook (Revenue, USD Million; 2014 - 2025)
    • PDU
    • UPS
    • Busway
    • Others

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March 11, 2019: The global data center power market size is expected to reach USD 10.77 billion by 2025, expanding at a CAGR of 6.9% from 2019 to 2025 according to a study conducted by Grand View Research, Inc. The market is majorly driven by the shift in focus of end-users towards hyper-scale and colocation data centers. Rising establishments of such data center facilities is anticipated to result in an increasing demand for data center power equipment over the forecast period.

Globally, data centers consume around 3% of the total energy generated. Thus, various data center designers are currently adopting advanced power distribution and management solutions to attain energy efficiency at lesser Power Usage Effectiveness (PUE) ratios. This goal to reducing the PUE ratio is expected to further fuel the demand for intelligent and advanced data center power products over the forecast period.

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Uninterrupted Power Supply (UPS) is the backbone of data centers and are deployed for the smooth working of servers and other networking devices. Moreover, the cost of UPS is significantly higher than any other data center power products. Furthermore, most datacenters use smart UPS systems, battery monitoring devices, and intelligent Power Distribution Systems (PDU) to reduce the PUE ratio. Thus, increasing penetration of these new devices is expected to boost the demand for UPS over the forecast period.

Many mega data centers in North America engage in procuring renewable energy sources for data center operations. Tier 1 and Tier 2 facilities are anticipated to witness the espousal of basic PDUs. However, adoption of intelligent infrastructure with power monitoring ability is expected to witness growth owing to rising concerns about power consumption, particularly in U.S. However, rise in complexity of data center design, high initial investment costs, and interoperability issues are expected to hinder growth of the data center power market.

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Further key findings from the study suggest:

• The UPS segment held the largest market share in 2018, accredited to the increasing demand for energy in data centers and adoption of co-location data centers globally

• North America accounted for around 38.0% market share in terms of revenue in 2018 and is expected continue the dominance over the forecast period, owing to the increasing number of data centers in U.S. Additionally, the region has emerged as the hub for operators and cloud service providers owing to affordable utility rate and tax incentives

• The data center power market is highly consolidated and is characterized by high competition with the presence of key players such as ABB, Black Box Corporation, Eaton, Generac Power Systems, and Huawei Technologies Co., Ltd., among others

• These players engage in mergers and acquisitions to withhold strong market presence. For instance, in March 2016, Generac Power Systems, Inc. announced the acquisition of PR Industrial S.r.l (PRAMAC), a manufacturer and supplier of mobile, portable, and stationary generators. Through this acquisition, the former aimed at propelling product sales and elevating its market presence in Europe.

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