Type: PDF
Status: Published
Categories: IT And Telecommunications
Report Code : IT2317790
No. of Pages : 350
The global market is expected to grow at a CAGR of 17.42% from 2023 to 2031 to reach USD 17.42 billion by 2031.
Growing the need to store data on the cloud has accounted in an upsurge in the number of data centers across the world. These data centres consume an enormous amount of energy. The upsurge in presenting advanced systems to reduce power consumption coupled with the emergence of modular data centers is predicted to drive marketplace growth. The COVID-19 pandemic severely affected the data center power industry, especially organizations, due to the complete ban on offline activities across most parts of the world. Nevertheless, the demand for software as a service (SaaS), also the chance to work from home lifestyle during the pandemic, are the key factors driving the essential for data centers.
Market Dynamics
To reduce the power usage efficiency (PUE) ratio and to increase efficiency, businesses deploy advanced power management solutions such as intelligent rack power distribution units (PDU), smart uninterruptible power supply (UPS), and battery monitoring equipment. This factor is anticipated to bode well for marketplace development over the projection period.
The marketplace has seen unprecedented development in technologies and services driven by data centers. Technologies like cloud computing require a high computational power; still, it offers benefits such as enhanced scalability, efficiency, and flexibility of business operations, which has resulted in many medium-sized enterprises incorporating effective data centers, like as web hosting cloud and colocation data centers. Likewise, growing usage of data centers has accounted in the increasing implementation of mega and cloud data centers. These data centers require power in large quantities for peak data-intensive operations, which later drives demand for UPS and PDUs.
Traditional data centers are continuously being substituted by newer systems featuring advanced technologies and power management capabilities. The shift of the industry toward colocation and hyper-scale data centers is expected to fuel market growth over
the forecast period. Nevertheless, the high initial investment required for these solutions and the inadequate availability of compatible devices may hinder growth in the near future.
The increasing cost of energy and awareness regarding energy conservation has ensued designers to opt for intelligent power management solutions. Intelligent power strips, PUE monitoring devices, and battery monitoring devices are some of the newest technologies used to optimize energy consumption in data centers and reduce the PUE ratio.
Product Insights
Based on the product, the marketplace has been bifurcated into UPS, PDU, busway, and others. UPS led the market in 2021. An increasing application of cloud computing united with the need for sensitive and ubiquitous data has encouraged the installation of this product. Furthermore, the use of portable UPS systems in services, like Software as a Service (SaaS), online media streaming, high-performance computing, online gaming has also fuelled the segment's development.
In the previous few years, companies are shifting towards the implementation of intelligent PDUs against simple multi-socket racks with server and network equipment. Intelligent power distribution units exhibit the capability of measuring distributed electrical parameters and identifying environmental factors such as temperature and humidity. Further, these units allow a detailed view of the conditions inside a data center rack and provide information to the data center operators and administrators, thereby enabling fault identification to undertake appropriate measures for energy efficiency.
End-use Insights
Based on end-use, the data center power marketplace is bifurcated into IT and telecommunications, banking, financial services, and insurance (BFSI), government, energy, healthcare, retail, and others. The IT and telecommunications sector emerged as the fastest-growing segment.
The fast upsurge in the development and construction of IT infrastructure is expected to drive the demand during the forecast period. Additionally, the developing telecommunication infrastructure requires data storage facilities to manage an enormous amount of data. In addition, reliability, energy consumption, and maintenance are critical in IT and telecommunication facilities. This factor is anticipated to propel growth in the forthcoming years.
Cumulative focus on digitization is one of the main reasons for the high demand for BFSI services. Furthermore, the industry has shifted its focus on cloud computing and cloud networking to increase banking capacities; resulting in huge demand for data centers. This factor is projected to fuel the market growth during the forecast period.
Regional Insights
North America held the largest market share in terms of revenue in 2021 as the region has the highest number of data centers in the world. Numerous norms and regulations have been introduced and implemented by governments and regulatory bodies to reduce carbon footprints and energy consumption. This has accounted in the high
adoption of efficient power management solutions, lead the regional demand. Such as, organizations are spending a large portion of their budgets on cooling and maintenance systems. Thus, it becomes vital to incorporate efficient power management devices such as PDU, busway, and UPS among others to control the unnecessary spending at data centers.
Asia Pacific is expected to witness a high CAGR during the projection period, owing to the rapid increase in the volume of colocation data centers in emerging countries, such as India and China. In addition, an increasing number of telecom subscribers using smartphones and tablet worldwide are anticipated to elevate the regional demand during the forecast period.
Key Companies & Market Share Insights
The competitive landscape of the projection mapping market is fragmented, featuring several global as well as regional players. The important participants are entering into strategic collaborations, partnerships, and mergers & acquisitions to expand their business footprint and survive the extremely competitive environment. Also, service providers are investing considerably in research & development activities to incorporate new technologies in their offerings and develop advanced products to gain a competitive advantage over other market players.
The marketplace is highly competitive and is marked by the existence of several dominant players. These main players are engaged in introducing innovative solutions to gain a competitive edge. Such as, in January 2022, Eaton business launched Tripp Lite practical option for controlling and connecting network equipment in industrial conditions such as warehouses and factories.
The industrial Gigabit Ethernet switches are new lite managed and consist of a metal case of IP30-rated that can penetrate shock, vibration, and the high and low temperatures frequently found on the industrial floor. The switches also provide safety from electrostatic discharge (ESD) with a rail clip mount to fit DIN standard 35 mm rail and can be wall-mounted. The major players in the plant-based meat market comprise: ABB, Eaton, Schneider Electric, Cyber Power Systems, General Electric, Black Box Corporation, Generac Power Systems, Huawei Technologies Co, Legrand, Rittal GmbH & Co. KG, and More.
Global Data Center Power Market
Product Outlook
End-Use Outlook
Regional Outlook
Key Questions
The global data center power market size was estimated at USD 7.83 billion in 2021 and is expected to reach USD 17.42 Billion in 2031.
The global market is expected to grow at a CAGR of 17.42% from 2023 to 2031 to reach USD 17.42 billion by 2031.
Some key players operating in the data center power market include ABB, Black Box Corporation, Eaton, General Electric, Generac Power Systems, Inc., Huawei Technologies Co., Ltd, Legrand, Rittal GmbH & Co. KG, Schneider Electric, and Vertiv Co.
Main factors that are driving the data center power market growth include the rise in the introduction of state-of-the-art variants to reduce power consumption coupled with the emergence of modular data centers.
Table of Contents
Chapter 1. Introduction
1.1. Report description
1.2. Key market segments
1.3. Regional Scope
1.4. Executive Summary
Chapter 2. Research Methodology
2.1. Secondary Research
2.2. Primary Research
2.3. Secondary Analyst Tools and Models
Chapter 3. Executive Summary
Chapter 4. Market Analysis
4.1. Heat Map Analysis
4.2. Ansoff Matrix Analysis
4.3. Vendor Matrix
4.4. Industry trend
4.5. Industry News
4.6. Industry Policy
4.7. Government regulation
Chapter 5. Business Market Analysis
5.1. Demographic
5.2. Psychographic
5.3. Behavioral
5.4. Geographic
Chapter 6. PLC analysis
6.1. Introduction
6.2. Growth
6.3. Maturity
6.4. Decline
Chapter 7. 4Ps analysis
7.1. Introduction
7.2. Product
7.3. Price
7.4. Place
7.5. Promotion
Chapter 8. Market Dynamics
8.1. Market driver analysis
8.2. Market restraint analysis
8.3. Market Opportunity
8.4. Market Challenges
8.5. Impact analysis of COVID-19 on the Data Center Power market
Chapter 9. Market Variables and Outlook
9.1. SWOT Analysis
9.1.1. Strengths
9.1.2. Weaknesses
9.1.3. Opportunities
9.1.4. Threats
9.2. Supply Chain Analysis
9.3. PESTEL Analysis
9.3.1. Political Landscape
9.3.2. Economic Landscape
9.3.3. Social Landscape
9.3.4. Technological Landscape
9.3.5. Environmental Landscape
9.3.6. Legal Landscape
9.4. Porter’s Five Forces Analysis
9.4.1. Bargaining Power of Suppliers
9.4.2. Bargaining Power of Buyers
9.4.3. Threat of Substitute
9.4.4. Threat of New Entrant
9.4.5. Competitive Rivalry
Chapter 10. Impact Analysis of Covid-19 Outbreak on Data Center Power Market
10.1. Impact Analysis of Covid-19 Outbreak on Data Center Power Market
10.1.1. Direct Impact on Production
10.1.2. Supply Chain and Market Disruption
10.1.3. Financial Impact on Firms and Financial Markets
10.2. Covid-19 Impact Analysis by Production, Import, Export and Demand
10.3. Data Center Power Market: Pre-V/S Post Covid-19
10.4. Estimated Impact of The Coronavirus (Covid-19) Epidemic on The Data Center Power Market Size In 2021, By Scenario
10.5. Covid-19: Micro and Macro Factor Analysis on Data Center Power Market
10.6. Impact on Covid-19 on the basis of V, U, L and W analysis
10.6.1. Data Center Power Market on V analysis
10.6.2. Data Center Power Market on U analysis
10.6.3. Data Center Power Market on L analysis
10.6.4. Data Center Power Market on L analysis
Chapter 11. Value Chain Analysis
11.1. Data Center Power Raw Material Analysis
11.1.1. List of Raw Materials
11.1.2. Data Center Power Raw Material Manufactures List
11.1.3. Price Trend of Data Center Power Key Raw Materials
11.2. List of Potential Buyers
11.3. Marketing Channel
11.3.1. Direct Marketing
11.3.2. Indirect Marketing
11.3.3. Marketing Channel Development Trend
Chapter 12. Data Center Power Market: Product Estimates & Trend Analysis
12.1. Data Center Power Market value share and forecast, (2019 to 2031)
12.2. Incremental Growth Analysis and Infographic Presentation
12.2.1. PDU
12.2.1.1. Market Size & Forecast, 2019-2031, USD Million
12.2.2. UPS
12.2.2.1. Market Size & Forecast, 2019-2031, USD Million
12.2.3. Busyway
12.2.3.1. Market Size & Forecast, 2019-2031, USD Million
12.2.4. Others
12.2.4.1. Market Size & Forecast, 2019-2031, USD Million
Chapter 13. Data Center Power Market: End-Use Estimates & Trend Analysis
13.1. Data Center Power Market value share and forecast, (2019 to 2031)
13.2. Incremental Growth Analysis and Infographic Presentation
13.2.1. IT & Telecommunications
13.2.1.1. Market Size & Forecast, 2019-2031, USD Million
13.2.2. BFSI
13.2.2.1. Market Size & Forecast, 2019-2031, USD Million
13.2.3. Government
13.2.3.1. Market Size & Forecast, 2019-2031, USD Million
13.2.4. Energy
13.2.4.1. Market Size & Forecast, 2019-2031, USD Million
13.2.5. Healthcare
13.2.5.1. Market Size & Forecast, 2019-2031, USD Million
13.2.6. Retail
13.2.6.1. Market Size & Forecast, 2019-2031, USD Million
13.2.7. Others
13.2.7.1. Market Size & Forecast, 2019-2031, USD Million
Chapter 14. Data Center Power Market: Regional Estimates & Trend Analysis
14.1. Data Center Power Market value share and forecast, (2019 to 2031)
14.2. Incremental Growth Analysis and Infographic Presentation
14.3. North America
14.3.1.1. Market Size & Forecast, 2019-2031, USD Million
14.4. Europe
14.4.1.1. Market Size & Forecast, 2019-2031, USD Million
14.5. Asia Pacific
14.5.1.1. Market Size & Forecast, 2019-2031, USD Million
14.6. Middle East & Africa
14.6.1.1. Market Size & Forecast, 2019-2031, USD Million
14.7. South America
14.7.1.1. Market Size & Forecast, 2019-2031, USD Million
Chapter 15. Data Center Power Market: Country Estimates & Trend Analysis
15.1. Data Center Power Market value share and forecast, (2019 to 2031)
15.2. Incremental Growth Analysis and Infographic Presentation
15.3. U.S.
15.3.1.1. Market Size & Forecast, 2019-2031, USD Million
15.4. Canada
15.4.1.1. Market Size & Forecast, 2019-2031, USD Million
15.5. Mexico
15.5.1.1. Market Size & Forecast, 2019-2031, USD Million
15.6. UK
15.6.1.1. Market Size & Forecast, 2019-2031, USD Million
15.7. France
15.7.1.1. Market Size & Forecast, 2019-2031, USD Million
15.8. Germany
15.8.1.1. Market Size & Forecast, 2019-2031, USD Million
15.9. Russia
15.9.1.1. Market Size & Forecast, 2019-2031, USD Million
15.10. Italy
15.10.1.1. Market Size & Forecast, 2019-2031, USD Million
15.11. Spain
15.11.1.1. Market Size & Forecast, 2019-2031, USD Million
15.12. China
15.12.1.1. Market Size & Forecast, 2019-2031, USD Million
15.13. India
15.13.1.1. Market Size & Forecast, 2019-2031, USD Million
15.14. Japan
15.14.1.1. Market Size & Forecast, 2019-2031, USD Million
15.15. Indonesia
15.15.1.1. Market Size & Forecast, 2019-2031, USD Million
15.16. South Korea
15.16.1.1. Market Size & Forecast, 2019-2031, USD Million
15.17. Australia
15.17.1.1. Market Size & Forecast, 2019-2031, USD Million
15.18. Brazil
15.18.1.1. Market Size & Forecast, 2019-2031, USD Million
15.19. Argentina
15.19.1.1. Market Size & Forecast, 2019-2031, USD Million
15.20. Saudi Arabia
15.20.1.1. Market Size & Forecast, 2019-2031, USD Million
15.21. UAE
15.21.1.1. Market Size & Forecast, 2019-2031, USD Million
15.22. South Africa
15.22.1.1. Market Size & Forecast, 2019-2031, USD Million
Chapter 16. Competitive Landscape
16.1. Company Market Share Analysis
16.2. Vendor Landscape
16.3. Competition Dashboard
Chapter 17. Company Profiles
17.1. Business Overview, Product Landscape, Financial Performanceand Company Strategies for below companies
17.1.1. ABB
17.1.1.1. Company Overview
17.1.1.2. Financial Performance
17.1.1.3. Product Benchmarking
17.1.1.4. Geographic Footprint
17.1.1.5. Strategic Initiatives
17.1.2. Eaton
17.1.2.1. Company Overview
17.1.2.2. Financial Performance
17.1.2.3. Product Benchmarking
17.1.2.4. Geographic Footprint
17.1.2.5. Strategic Initiatives
17.1.3. Schneider Electric
17.1.3.1. Company Overview
17.1.3.2. Financial Performance
17.1.3.3. Product Benchmarking
17.1.3.4. Geographic Footprint
17.1.3.5. Strategic Initiatives
17.1.4. Cyber Power Systems
17.1.4.1. Company Overview
17.1.4.2. Financial Performance
17.1.4.3. Product Benchmarking
17.1.4.4. Geographic Footprint
17.1.4.5. Strategic Initiatives
17.1.5. General Electric
17.1.5.1. Company Overview
17.1.5.2. Financial Performance
17.1.5.3. Product Benchmarking
17.1.5.4. Geographic Footprint
17.1.5.5. Strategic Initiatives
17.1.6. Black Box Corporation
17.1.6.1. Company Overview
17.1.6.2. Financial Performance
17.1.6.3. Product Benchmarking
17.1.6.4. Geographic Footprint
17.1.6.5. Strategic Initiatives
17.1.7. Generac Power Systems
17.1.7.1. Company Overview
17.1.7.2. Financial Performance
17.1.7.3. Product Benchmarking
17.1.7.4. Geographic Footprint
17.1.7.5. Strategic Initiatives
17.1.8. Huawei Technologies Co
17.1.8.1. Company Overview
17.1.8.2. Financial Performance
17.1.8.3. Product Benchmarking
17.1.8.4. Geographic Footprint
17.1.8.5. Strategic Initiatives
17.1.9. Legrand
17.1.9.1. Company Overview
17.1.9.2. Financial Performance
17.1.9.3. Product Benchmarking
17.1.9.4. Geographic Footprint
17.1.9.5. Strategic Initiatives
17.1.10. Rittal GmbH & Co. KG
17.1.10.1. Company Overview
17.1.10.2. Financial Performance
17.1.10.3. Product Benchmarking
17.1.10.4. Geographic Footprint
17.1.10.5. Strategic Initiatives
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