San Francisco, 28
November 2018 - The
global data center power market is expected to reach USD
10.77 billion by 2025, according to a new report by Grand View Research, Inc.
The global data center power market is majorly driven by the shift of various
end-users towards hyper-scale and colocation data centers. The increase of such
data center facilities is anticipated to result in an increasing demand for
data center power equipment in the coming years.
Globally, data
centers consume around 3% of the total energy generated, which is a
considerably high figure. Moreover, since the energy prices are rising, the
need to reduce PUE ratios is also growing. Data center designers are currently
adopting advanced power distribution and management solutions to attain energy
efficiency at lesser PUE ratios. This goal of reducing the PUE ratio is further
expected to spur the demand for advanced and intelligent data center power
products over the forecast period.
Uninterrupted
Power Supply (UPS) is the backbone of data centers and are significantly
deployed for the smooth working of servers and other networking devices.
Furthermore, the cost of UPS is significantly higher than any other data center
power products. As a result, the UPS product segment dominated the global data
center power market in 2016. Additionally, most data centers use the smart UPS
system, battery monitoring devices, and intelligent power distribution systems
in a bid to reduce the PUE ratio. The increasing penetration of these new
devices is further expected to boost the demand for UPS over the forecast
period.
The U.S. has
some of the biggest data centers in the world. The country accounted for more
than 70% of the total market share of North America in 2016. Furthermore, Asia
Pacific is projected to be the highest growing region owing to the increasing
number of co-location data centers in developing countries such as India and
China.
To request a sample copy
or view summary of this report:
www.grandviewresearch.com/industry-analysis/data-center-power-market
www.grandviewresearch.com/industry-analysis/data-center-power-market
Further key
findings from the study suggest:
- The global data center power market is expected to witness a CAGR
exceeding 6% from 2017 to 2025, owing to the increasing trend towards
reducing the PUE ratio for better energy management in data centers.
- The increasing penetration of IoT connectivity and the integration
of artificial intelligence are expected to favorably impact the data
centers market, thereby driving the demand for data center power systems
over the coming years.
- The UPS segment accounted for the largest share in 2016, which is
accredited to the increasing demand for energy in data centers along with
increasing penetration of co-location data centers globally.
- North America accounted for over 35% of the overall revenue share in
2016 and is also expected to dominate the market over the forecast period,
owing to the increasing number of data centers in the U.S.
- Key players that captured a significant market share in 2016 were
Vertiv Co., Schneider Electric, Legrand, General Electric, and Eaton,
among others.
Grand View Research has segmented the global data center
power market based on the product, end-use and region:
Data Center Power Product Outlook (Revenue, USD Million;
2014 - 2025)
- PDU
- UPS
- Busway
- Others
Data Center Power End-use Outlook (Revenue, USD Million;
2014 - 2025)
- IT & Telecom
- BFSI
- Government
- Energy
- Healthcare
- Retail
- Others
Data Center Power Regional Outlook (Revenue, USD Million;
2014 - 2025)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Mexico
- Middle East & Africa
Access Press Release Of
This Research Report by Grand View Research: www.grandviewresearch.com/press-release/global-data-center-power-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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