Global Data Center Power Market was valued US$ 7.30 Bn in 2019 and is expected to reach US$ 11.80 Bn by 2027, at a CAGR of 7.10 % during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.Data center power solution is used to manage the power usage effectiveness and the efficiency of data centers. Data center key players are developing advanced power management solutions like intelligent rack PDU, smart UPS, and battery monitoring equipment to reduce the overall power consumption rate.
Global Data Center Power Market, Dynamics:
The gradually increasing demand for IT support system for existing and new business processes are stimulating the growth in the number of servers and storage systems operated across the globe. In the Information technology and communications industry, data centers are becoming more and more important for both economic and ecological aspects. The rise in number of data center is expected to increase the electricity demand and the emergence of a new electricity-intensive industry. Data centers are becoming an increasingly a vital part of the infrastructure for the digitalized society. Digitalization, high-speed wireless networks, new data-intensive technologies and cloud computing demand are some of the prominent factors behind the global data center power market growth.
However, high initial investment and interoperability issues are expected to limit the growth in the global data center power market.
Global Data Center Power Market, Segment Analysis:
IT and Telecommunication is expected to grow at a XX% rate of CAGR during the forecast period. Rapid expantion of the IT infrastructure in the developed and developing economies are expected to drive the demand for data center during the forecast period. The development of the telecommunication infrastructure requires data storage facilities to manage an enormous amount of data, which is also expected to boost the market growth. In addition, an emerging IT & telecom infrastructure is implementing huge data center facilities to manage data, which resulting in the development of new facilities that are propel the demand for power systems solutions.
Global Data Center Power Market, Regional Analysis:
North America region held the XX% market share in 2019. Many norms and regulations have been introduced and implemented by governments and regulatory bodies to reduce carbon footprints and energy consumption are some of the driving factors behind the regional growth. An increase in adoption of efficient power management solutions is also driving the regional demand. Many organizations are spending a high expenditure on cooling and maintenance systems, which are increasing the demand for incorporate efficient power management devices such as PDU, busway, and UPS.
On the other hand, The Asia Pacific region is expected to grow at a XX% rate of CAGR during the forecast period. The region is beginning to see new additions to the supply pipeline in dedicated data center facilities in the established markets like Hong Kong and Singapore. Currently at the transaction level, some enterprises like financial services, health care, retail industry verticals are starting to adopt cloud-based solutions and multi-megawatt build-to-suits, which is expected to boost the market growth.
Global Data Center Power Market, Competitive Analysis:
Global data center power market is expected to at a XX% rate of CAGR during the forecast period because of the presence of the prominent key players like BB Group, Eaton, Schneider Electric, Cyber Power Systems and General Electric. Some of the proinent key players are engaging in introducing innovative solutions to gain a competitive edge. Additionally, companies are focusing to introduce a modern products like PUE monitoring devices in the market, which provide efficient energy management products to establish their robust footprint in the market.
The objective of the report is to present a comprehensive analysis of the Global Data Center Power Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Data Center Power Market dynamics, structure by analyzing the market segments and projects the Global Data Center Power Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Data Center Power Market make the report investor’s guide.
Scope of the Global Data Center Power Market
Global Data Center Power Market, By Solution
• Power distribution and measurement
• Power backup
• Cabling infrastructure
Global Data Center Power Market, By Service
• Training and consulting
• Support and maintenance
• System integration
Global Data Center Power Market, By End User
• Mid-sized data center
• Enterprise data center
• Large data center
Global Data Center Power Market, By Vertical
• Banking, Financial Services, and Insurance (BFSI)
• Energy
• Government and defense
• Healthcare
• Manufacturing
• Research and academia
• Retail
• Telecommunication and IT
• Others
Global Data Center Power Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Data Center Power Market
• Server Technology Inc.
• Tripp Lite
• Black Box Corporation
• Hewlett Packard Enterprise Company
• Cyber Power Systems, Inc.
• Abb Group
• Schneider Electric
• General Electric
• Eaton Corporation
• Delta Electronic Inc.
• Raritan Inc.
• Rittal Corporation
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Data center power market is the collection of all the services and solution offerings that a data center requires for its operations in terms of its energy requirements.
The services pertaining to data center power involve management of components relating to energy needs, their maintenance and integration for successful operations.
Whereas, the solution offerings involve all of the components, software for their operating need as well as any additional infrastructural requirements.Global data center power market is expected to register a substantial CAGR of 8.27% in the forecast period of 2019-2026.
The report contains data from the base year of 2018 and the historic year of 2017.
This rise in market value can be attributed to concerns regarding data loss in cases of inadequate power backup solutions along with significant infrastructural development of infrastructure-based IT services and solutions.This container monitoring market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
To gain more info on Data Bridge Market Research container monitoring market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.Get Sample Report + All Related Images and Graphs @https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-data-center-power-marketMarket Drivers and Restraints:Increasing demand for cost-effective power supply systems from various enterprises is expected to fuel the growth of the marketGrowth of digitalization and increased adoption of cloud computing giving rise to greater need for data centers is expected to drive the growth of the marketSignificant rise in the volumes of data centers globally is also expected to boost the growth of the marketIncreasing quantity of hyperscale, and rise in the construction of data centers undertaken by colocation providers is expected to boost the growth of the market The major players covered in the Global Data Center Power MarketFew of the major competitors currently working in the global data center power market are ABB; Schneider Electric; Eaton; Delta Electronics, Inc.; Raritan Inc.; Rittal GmbH & Co. KG; Server Technology, Inc.; Tripp Lite; Black Box Corporation; Cyber Power Systems (USA), Inc.; Generac Power Systems, Inc.; Huawei Technologies Co., Ltd.; Legrand; Vertiv Group Corp.; Schleifenbauer; RPS Spa; Kohler Co.; AEG Power Solutions B.V.; Shenzhen Kstar Science Co.,Ltd.
Data Center Power Market Report Information by Component (Solution, Service), Data Center Size (Small & Medium Size, Large Size Enterprise Size Data Center), End-User (IT & Telecommunication, BFSI, Government, Power & Energy) – Global Forecast till 2027Market HighlightsThe global data center power market is projected to witness a rapid growth during the forecast period.
By solution segment, uninterrupted power supply (UPS) is considered as the backbone of data centers and are frequently deployed for the smooth working of servers and other networking devices.The global data center power market, by geography, is segmented into North America, Europe, Asia Pacific, and Rest of the World.
Technologically advanced enterprises and demand for secure and standardized cloud data storage are aiding the market in the region.
The U.S. is anticipated to drive the growth of the data center power market, owing to the presence of a large number of established key players, such as General Electric (U.S.), Raritan Inc. (U.S.), Rittal GmbH & Co. KG (U.S.), Server Technology, Inc. (U.S.), Tripp Lite (U.S.), Black Box Corporation (U.S.), Caterpillar Inc. (U.S.), HP Enterprise Company (U.S.) and othersIn the global data center power market, Asia Pacific is anticipated to grow at the highest CAGR during the forecast period as compared to other regions, owing to the growing adoption of cloud services coupled with advanced technology implementation in IT, BFSI and automotive industry.
Increasing e-commerce companies is also expected to be another key driver of the data center power market.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/5876Global Data Center Power Market is Projected to reach USD 25 billion at a CAGR of over 10% by the end of the forecast period.Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report.
Avail the in-depth table of content TOC & market synopsis on “Data Center Power Market Research Report-Forecast to 2023”.Market Segmentation:The global data center power market is segmented into components, data center type, and end-users.
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.
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.Download sample Copy of This Report at: https://www.radiantinsights.com/research/data-center-power-market/request-sample Uninterrupted Power Supply (UPS) is the backbone of data centers and are deployed for the smooth working of servers and other networking devices.
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.
