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), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026

Published Date: Dec 2020  |  Report ID: GMI1759  |  Authors: Preeti Wadhwani, Saloni Gankar

Report Format: PDF   |   Pages: 300   |   Base Year: 2019




Summary Table of Contents Industry Coverage Methodology

Industry Trends

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

Data Center Power Market
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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 market players are adopting battery monitoring devices, PUE monitoring devices, and intelligent power strips to reduce Power Usage Efficiency (PUE) ratio and optimize energy consumption. The companies 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 players 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, thus boosting the market revenue.
 

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 witnessed acceleration, driving the demand for data centers globally.
 

Data Center Power Market Report Coverage
Report Coverage Details
Base Year: 2019 Market Size in 2019: 10 Billion (USD)
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2026
Forecast Period 2020 to 2026 CAGR: 8% 2026 Value Projection: 15 Billion (USD)
Pages: 300 Tables, Charts & Figures: 340
Geographies covered (21): U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, Poland, Benelux, China, India, Japan, Singapore, Australia, Brazil, Chile, Peru, Argentina, GCC, South Africa
Segments covered: Component, Application and Region
Companies covered (20): ABB Ltd., Active POWER, Belkin International, Inc., Black Box Corporation, Caterpillar Inc., Cummins, Inc., Cyber Power Systems, Inc., Delta Electronic Inc., Eaton Corporation, Emerson Network Power, Inc., Hewlett-Packard Company, Huawei Technologies Co., Ltd., Legrand, Mitsubishi Electric Corporation, Rittal Gmbh & Co. Kg, Schneider Electric SE, Siemens AG, Toshiba Corporation, Tripp Lite, Vertiv Group Co.
Growth Drivers:
  • Rising power consumption of data centers globally
  • Development and growing usage of modular data centers
  • Shift towards intelligent power managing solutions
  • Increasing usage of OTT content services
  • Growing demand for high power rating solutions in North America and Europe
  • Rapid infrastructure development of various end-use segments in Asia Pacific and Europe
  • Widespread adoption of cloud computing and IoT in Asia Pacific
  • Rise in number of data centers in South America
  • Increasing urbanization in MEA
Pitfalls & Challenges:
  • Slowdown in the semiconductor industry
  • Rising cost for raw materials and skilled labor
  • High initial investments

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Increasing demand for data center power in healthcare applications in France

The healthcare application segment in the France data center power market is anticipated to register growth of 9% through 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.
 

Use of Lithium-ion batteries is propelling the U.S. data center UPS industry growth

U.S. Data Center Power Market

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The data center power solution segment in the U.S. industry will expand at 5% CAGR during the forecast timeline. 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. Such factors are accelerating the demand for data center power solutions. Prominent players operating in the U.S. market are implementing lithium-ion UPS systems to enhance power and energy efficiency in data centers.
 

Surging construction of new data centers in the Asia Pacific region

Asia Pacific Data Center Power Market

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The Asia Pacific data center power market is predicted to witness around 10% growth rate till 2026 owing to the rapid adoption 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 anticipated 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 witnessing an increase in the construction of new data centers. This is expected to have a positive impact on the regional market demand. In April 2020, Equinix, a prominent market player partnered with GIC to construct three new hyper-scale data centers, one in Osaka and two in Tokyo. These data centers will enable large-scale companies including cloud providers to add core deployments at Equinix in their existing footprints. The construction of such megaprojects in Japan is contributing to the market demand for data center power solutions.
 

Strategic alliances remain a key growth strategy for market players

Major companies operating in the 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 industry includes both start-ups and established companies. The industry is witnessing intense rivalry among market players based on product quality, features, and pricing of data center power system. Market players are focusing on strategic alliances to significantly reduce the energy consumption of data center power systems. For instance, in June 2020, ABB Ltd., a major market player partnered with Hewlett Packard Enterprise (HPE) to reduce energy consumption along with increasing computing reliability & capacity of high-performance supercomputers.
 

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

 

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

  • Published Date: Dec 2020
  • Pages: 300
  • Tables: 312
  • Charts / Figures: 28
  • Companies covered: 20
  • Countries covered: 21

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