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Data Center Power Market Size By Component (Solution [Power Distribution Units (PDUs), UPS, Generators, Cabling Infrastructure], Service [Managed, Professional]), By Application (BFSI, Colocation, Energy, Government, Healthcare, Manufacturing, IT & Telecom), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026

  • Report ID: GMI1759
  • Published Date: Dec 2020
  • Report Format: PDF

Industry Trends

Data Center Power Market size exceeded USD 10 billion in 2019 and is anticipated to grow at over 8% CAGR from 2020 to 2026. The market growth is attributed to a rise in the construction of hyper-scale data centers and demand for data center power solutions in these facilities.

Data Center Power Market Overview
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Growing awareness among industry players to conserve energy coupled with increasing cost of energy has supported the data center power market expansion. Prominent companies are adopting battery monitoring devices, PUE monitoring devices, and intelligent power strips to reduce Power Usage Efficiency (PUE) ratio and optimize energy consumption. Market leaders are offering these devices to cater to the growing demand from end-use industries.

A surge in data-intensive businesses has increased global data center capacity, PUE ratio, and emission of greenhouse gases. To increase data center power efficiency and reduce the PUE ratio, market participants are deploying battery monitoring equipment, smart UPS, and intelligent rack Power Distribution Unit (PDU). Manufacturers are also developing advanced solutions to cater to the power requirements of data center operators.

The coronavirus (COVID-19) pandemic has driven the demand for colocation or leasing services and a boom in the construction of new data center facilities has also been witnessed. The pandemic has increased the need for new data centers due to the rising demand from online shopping, remote working, online education, and online events. Cloud adoption has observed acceleration, fostering the industry growth for data centers globally. Government administrations across the globe are relaxing their lockdown measures in the last quarter of FY2020.

Use of Lithium-ion batteries is propelling the U.S. data center UPS market progression

Data Center Power Market Size

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The In U.S., solution segment in the data center power market is poised to showcase 5% growth rate through 2026. The U.S. is one of the earliest adopters of advanced technologies due to its developed and stable economic conditions. The country has fast broadband services and internet services. The maintenance of internet traffic locally and hosting content closer to users will deliver an enhanced quality of user experience and will keep the internet traffic away from broader networks.

Data centers require an uninterrupted power supply for high data processing, which requires and operates at 100% uptime. Prominent industry players operating in the U.S. market are implementing lithium-ion UPS systems to enhance power and energy efficiency in data centers.

Increasing industry demand for data center power in healthcare applications in France

In France, healthcare application in the data center power market is estimated to attain a CAGR of 9% till 2026. The country’s healthcare facility is largely financed by government national health insurance. The France healthcare system tries to maintain the lowest downtime to enhance the satisfaction of doctors or patients. The impact of power outages in the healthcare sector is humongous as servers take several minutes to establish connectivity, reboot, and reacquire data. The resulted downtime leads to increased risk exposure for the facility, revenue loss from the unavailability of equipment, and dissatisfied doctors or patients.

APAC will register growth due to surging construction of new data centers in the region

APAC Data Center Power Market

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Asia Pacific data center power market is predicted to expand at more than 10% during 2020 to 2026 led by the rapid acceptance of advanced technologies, such as 5G, Big Data, IoT, and cloud computing, which results in the increasing construction of new data centers. The number of data centers in the region is slated to further increase due to a surge in online shopping, online social events, online education, and remote working amid the coronavirus pandemic. Singapore, Hong Kong, Japan, and Australia are a few countries showcasing an increase in the construction of new data centers. This is expected to have a positive impact on the regional demand of data center power.

Strategic alliances remain a key growth strategy for market players

Major companies operating in the data center power market include ABB Ltd., Active POWER, Belkin International, Inc., Black Box Corporation, Caterpillar Inc., Cummins, Inc., Cyber Power Systems, Inc., Delta Electronic Inc., Eaton Corporation, Toshiba Corporation, Hewlett-Packard Company, Huawei Technologies Co., Ltd., Legrand, Mitsubishi Electric Corporation, Schneider Electric SE, Rittal Gmbh & Co. Kg, Siemens AG, Tripp Lite, Vertiv Group Co.

The data center power market includes both start-ups and established players. The industry is witnessing intense rivalry among market leaders based on product quality, features, and pricing of data center power system. Market participants are focusing on strategic alliances to significantly reduce the energy consumption of data center power systems.

The data center power market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2016 to 2026 for the following segments:

Market, By Component

  • Solution
    • Power Distribution Units (PDUs)
    • UPS
    • Generators
    • Cabling infrastructure
    • Others
  • Service
    • Managed
    • Professional

Market, By Application

  • BFSI
  • Colocation
  • Energy
  • Government
  • Healthcare
  • Manufacturing
  • IT & telecom
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Poland
    • Benelux
  • Asia Pacific
    • China
    • India
    • Japan
    • Singapore
    • Australia
  • South America
    • Brazil
    • Argentina
    • Chile
    • Peru
  • MEA
    • GCC
    • South Africa
Authors: Preeti Wadhwani, Saloni Gankar

Frequently Asked Questions (FAQ) :

The market size of data center power is expected to observe 8% CAGR through 2026, having registered a valuation of USD 10 billion in 2019.

Global Market Insights, Inc., claims that France market from healthcare segment may record 9% CAGR through 2026, driven by the fact that the nation’s healthcare facilities are mainly financed by government national health insurance.

U.S. solution-based data center power segment may grow at 5% CAGR through 2026, as the region boasts of stable economic conditions and has been one of the earliest adopters of advanced technologies.

Increasing adoption of technologies such as Big Data, 5G, cloud computing, etc., will push Asia Pacific industry, slated to witness 10% CAGR through 2026.

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Premium Report Details

  • Base Year: 2019
  • Companies covered: 20
  • Tables & Figures: 340
  • Countries covered: 21
  • Pages: 300

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