Data Center Power Market: Global  Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Data Center Power Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A1653
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Market Overview:

The global data center power market reached a value of US$ 20.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 29.8 Billion by 2027, exhibiting at a CAGR of 6.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Data center power refers to the energy management solution for devices that distribute power from the utility grids to data center racks. Such solutions utilize equipment such as Power Distribution Units (PDUs), Uninterrupted Power Supply (UPS) devices, battery monitoring systems, generators, etc. These devices regulate, measure and monitor power generation, consumption and optimization of the data center facility. In the power management system, installed PDUs can measure the power distributed over electrical grids and modulate it according to the requirements and environmental factors, such as temperature and humidity.

 

 
 

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The growing information technology (IT) sector, increasing digitization among enterprises and the rising adoption of mega data centers and cloud computing systems, currently represent as the key factors driving the market growth. The increasing need to store data on the cloud has resulted in a growing demand for data centers, which is positively influencing the product demand across various regions. Furthermore, data centers provide high-performance computing, online gaming and media streaming, which is further augmenting their demand worldwide. Additionally, organizations in both the developed and emerging economies are adopting the power solutions for enhanced efficiency, scalability and flexibility of their business operations. Other factors such as cost optimization and the replacement of traditionally used devices with technologically advanced variants are projected to drive the market further. For instance, energy-efficient power solutions and management capabilities are increasingly being incorporated in the functioning system of data centers to reduce the high carbon emissions.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global data center power market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on solution type, service type, size and vertical.

Breakup by Solution Type:

 

 
 

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  • Power Distribution and Measurement
    • Intelligent PDUs
    • Non-Intelligent PDUs
    • Monitoring Software
  • Power Backup
    • UPS Devices
    • Generators
  • Cabling Infrastructure
    • Transfer Switches
    • Switchgear
       

Breakup by Service Type:

  • System Integration
  • Training and Consulting
  • Support and Maintenance
     

Breakup by Size:

  • Mid-Size Data Center
  • Enterprise Data Center
  • Large Data Center
     

Breakup by Vertical:

  • BFSI
  • Telecommunication and IT
  • Energy
  • Manufacturing
  • Others
     

Breakup by Region:

 

 
 

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  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being ABB, Black Box Corporation, Eaton Corporation, General Electric, Legrand SA, Delta Electronics, Schneider Electric, Raritan Corporation, Cisco Systems, Vertiv Co., Tripp Lite, Huawei, Generac Power Systems, Fujitsu, Cyber Power Systems, Server Technology, etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Solution Type, Service Type, Size, Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered ABB, Black Box Corporation, Eaton Corporation, General Electric, Legrand SA, Delta Electronics, Schneider Electric, Raritan Corporation, Cisco Systems, Vertiv Co., Tripp Lite, Huawei, Generac Power Systems, Fujitsu, Cyber Power Systems and Server Technology
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Data Center Power Market: Global  Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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