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.
Browse full report by Grand View
Research : http://www.grandviewresearch.com/industry-analysis/data-center-power-market
Further key findings from the report 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.
Browse more reports of this category by Grand View
Research: https://www.grandviewresearch.com/industry/communications-infrastructure-systems-and-software
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
o U.S.
o Canada
·
Europe
o Germany
o UK
·
Asia Pacific
o China
o India
o Japan
·
Latin America
o Brazil
o Mexico
·
Middle East & Africa
Access press release
by Grand View Research: https://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.
For more information:
http://www.grandviewresearch.com
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