Data Center Power Market Outlook Till, 2022 - 2030

-

The global data center power market size is expected to reach USD 15.0 billion by 2030, expanding at a CAGR of 7.9% from 2022 to 2030, according to a study conducted by Grand View Research, Inc. The market is majorly driven by the shift in focus of end-users towards hyper-scale and colocation data centers. Rising establishments of such data center facilities are anticipated to result in an increasing demand for data center power equipment during the forecast period. The data center power industry has been significantly impacted by the COVID-19 pandemic. The rapid advancement in the datasets utilized & generated by various companies and individuals has resulted in a rise in data storage demand.

Data Center Power Market Segmentation

Grand View Research has segmented the data center power market based on product, end-use, and region:

Based on the Product Insights, the market is segmented into PDU, UPS, Busway and Others.

  • UPS led the market in 2021. The use of portable UPS systems in services, such as Software as a Service (SaaS), high-performance computing, online gaming, and online media streaming, has fueled the segment's growth.
  • The PDU segment is expected to register a CAGR of around 8.4% from 2022 to 2030. The growth is mainly driven by the snowballing demand for intelligent power distribution units. 
  • Over the last few years, companies are shifting towards the adoption of intelligent PDUs against simple multi-socket racks with server and network equipment.

Based on the End-use Insights, the market is segmented into IT & Telecom, BFSI, Government, Energy, Healthcare, Retail and Others.

  • The IT and telecommunications sector emerged as the fastest-growing segment and is expected to exceed USD 2.5 billion by 2030.
  • The rapid upsurge in the growth and construction of IT infrastructure is expected to drive the demand during the forecast period.
  • Increasing focus on digitization is one of the main reasons for the high demand for BFSI services.
  • Moreover, 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.

Data Center PowerRegional Outlook

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies Profile& Market Share Insights

The competitive landscape of the projection mapping market is fragmented, featuring several global as well as regional players. The key participants are entering into strategic collaborations, partnerships, and mergers & acquisitions to expand their business footprint and survive the highly competitive environment.

Some prominent players 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
  • Tripp Lite
  • Schneider Electric
  • Vertiv Co.

Order a free sample PDF of the Data Center Power Market Intelligence Study, published by Grand View Research.

Comments

Post a Comment

Popular posts from this blog

Global Differential Thermal Analyzer Industry Sales & Share by Company, 2019 - 2024

-
The 'Global Differential Thermal Analyzer (DTA) Market Outlook 2019-2024' offers detailed coverage of differential thermal analyzer industry and presents main market trends. The market research gives historical and forecast market size, demand, end-use details, price trends, and company shares of the leading differential thermal analyzer producers to provide exhaustive coverage of the market for differential thermal analyzer. The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography. Download free sample copy of "Global Differential Thermal Analyzer (DTA) Market" report @  https://www.radiantinsights.com/research/global-differential-thermal-analyzer-dta-market-outlook-2019-2024/request-sample The report has been prepared based on an in-depth market analysis with inputs from key industry participants. The global differential thermal analyzer market has been segmented into five major regi...
Read more

Global Incident Response System Market Key factors of long term success

-
Incident Response System market, analyzes and researches the Incident Response System development status and forecast in United States, EU, Japan, China, India and Southeast Asia.  Get free request sample copy @  https://www.radiantinsights.com/research/global-incident-response-system-market-size-status-and-forecast-2022/request-sample This report focuses on the top players in global market, like •  Amazon.com • Cisco • ESRI • Honeywell • IBM • Lockheed Martin • Rockwell Collins • Acronis • Asigra • Fujitsu • Nasuni • NetApp • DFLabs • Hexadite • FireEye • HP • Veritas Technologies • Commvault Market segment by Regions/Countries, this report covers • United States • EU • Japan • China • India • Southeast Asia Market segment by Type, Incident Response System can be split into • Geospatial Technologies • Backup and Disaster Recovery Solutions • Threat Management Systems • Surveillance Systems Market segment...
Read more

Robotic General Surgery Market Share And Industry Trends, Forecasts Till, 2023 to 2028: Innovation Market Research

-
Innovation Market Research, offers a comprehensive analysis of key market trends in the global  Robotic General Surgery market . It also includes discussion on historical trends, current market status, competitive landscape, growth opportunities and challenges which are backed by factful feedbacks. Global markets continue to sink as the coronavirus spreads, reaching over 200 countries in total by the end of March. Now the outbreak continued to grow, as the number of cases in USA, Italy, Spain, Germany, France all spiked, Europe and USA have now become the epicenter of the outbreak, Cases in China appear have steadied in April, but there’s growing concern about the overall impact to the global market. In China market, which experienced a difficult 2019 due to slowing domestic consumption and the impact of the Sino-US trade war, is once again facing more disruption and uncertainty at the hands of the coronavirus pandemic. Sales and consumption all fell in the first quarter of 2020, c...
Read more