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Data Center Battery Market Trends

  • Report ID: GMI9201
  • Published Date: Apr 2024
  • Report Format: PDF

Data Center Battery Market Trends

The data center battery industry is witnessing a dynamic shift driven by the surge in product launches from industry-leading companies. These launches reflect a response to the evolving needs of data centers to ensure uninterrupted power supply and enhance energy efficiency. One notable trend is the introduction of innovative battery technologies with improved energy density, longer lifespans, and faster charging capabilities, catering to the growing demand for high-performance energy storage solutions.

Moreover, leading companies are focusing on integrating advanced battery management systems and intelligent software platforms to optimize energy usage and enhance system reliability. Additionally, there is a notable trend towards the development of sustainable battery solutions, aligning with the growing emphasis on environmental responsibility and energy conservation in the data center industry. These trends underscore the dynamic nature of the market, driven by continuous innovation and a commitment to meeting the evolving needs of modern data centers.

For instance, in October 2023, ABB was expanding its power protection product lineup for data centers by incorporating nickel-zinc batteries, with ZincFive onboard as a supply partner for its uninterruptible power supply (UPS) solutions. The inclusion of NiZn battery chemistry presents mission-critical data centers with a robust, effective, and environmentally friendly energy storage option.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for data center battery was valued at USD 3.2 billion in 2023 and is estimated to register over 5% CAGR between 2024 and 2032, due to continuous innovations in power systems tailored for data centers.

The UPS segment accounted for 52% of the data center battery industry share in 2023 and is expected to grow significantly throughout 2032, with the escalating reliance on digital services and the increasing frequency of power disruptions.

Asia Pacific market accounted for 53% revenue share in 2023, attributed to the proliferation of digital services, cloud computing, and IoT adoption.

C&D Technology, Delta Electronics, East Penn, Eaton Corporation, EnerSys, Exide Technologies, Leoch International Technology, LG Energy Solution, Narada Power Source and Samsung SDI.

Data Center Battery Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 24
  • Tables & Figures: 300
  • Countries covered: 23
  • Pages: 280
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