CHICAGO, Sept. 11, 2019 /PRNewswire/ -- According to Arizton's recent research report Data Center Power Market – Global Outlook and Forecast 2019-2024, the global data center power market is expected to reach revenues of over $16 billion by 2024, growing at a CAGR of over 4% during the forecast period.
Key Highlights Offered in the Report:
- In terms of capacity installed, the contribution of the US data center power market was around 35% between January 2018 and June 2019.
- Hyperscale service providers such as Apple, Google, and Facebook are leading adopters of renewable procurement infrastructure.
- Colocation data centers witnessed an increased penetration of lithium-ion UPS systems in 2018.
- Russia and the Czech Republic accounted for over 50% by capacity installed and investment in the Central and Eastern European market in 2018.
- Several data centers in Latin America and Africa are built with capacity of less than 5 MW, however, a few facilities are exceeding 10 MW capacity.
- The data center investment in Southeast Asia is moving beyond Singapore and is witnessing high-capacity facility development in Thailand and Indonesia.
Key Offerings:
- Market Size & Forecast by Revenue | 2018−2024
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Market Segmentation – A detailed analysis of the market by electrical infrastructure, UPS systems, generators, tier standards, and geography.
- Competitive Landscape – Profile of 6 key power infrastructure vendors and 34 other prominent power infrastructure vendors.
Request your free sample today! https://www.arizton.com/market-reports/global-data-center-power-market-2024
Data Center Power Market – Segmentation
- The research report includes detailed market segmentation by electrical infrastructure, UPS systems, generators, tier standards, and geography.
- The UPS systems used within data centers is expected to grow at a CAGR of over 4% during the forecast period.
- Generators having capacity greater than 2 MW dominated the global data center power market in 2018. The increasing deployment of these generators in mega data centers is expected to increase the revenue share during the forecast period.
Market Segmentation by Infrastructure
- UPS Systems
- Generators
- Transfer Switches and Switchgears
- Rack PDU
- Others
Market Segmentation by UPS Systems
- <=500 kVA
- 500-1000 kVA
- >1000kVA
Market Segmentation by Generators
- <=1 MW
- 1MW-2MW
- >2MW
Market Segmentation by Tier Standards
- Tier I and Tier II
- Tier III
- Tier IV
Market Segmentation by Geography
- Western Europe
- North America
- APAC
- Middle East and Africa (MEA)
- Latin America
Data Center Power Market – Dynamics
The increasing data center power consumption and the growing environmental consciousness have led many data center service providers to procure and purchase clean, renewable energy sources to power their existing and upcoming facilities worldwide. Hyperscale data center providers such as Microsoft, Facebook, Apple, Google, and Amazon Web Services (AWS) are the major investors in renewable energy initiatives.
Key Drivers and Trends Fueling Market Growth:
- Increased Usage of Lithium-ion Batteries in Data Centers
- Adoption of DC UPS Systems to reduce Power Loss in AC to DC Conversion
- Availability of Power Resources and Tax Incentives
- Increased Construction of Hyperscale Data Centers
Data Center Power Market –Geography
The US dominates the data center power market in the Americas, with colocation providers, hyperscale data center operators, enterprises, and government organizations investing billions of dollars. The construction of data centers in the US and Canada will mostly be Tier III and Tier IV standards, whereas in Latin America, Tier III data centers are likely to dominate the market.
Request your free sample today! https://www.arizton.com/market-reports/global-data-center-power-market-2024
Market Segmentation by Geography
- Americas
- US
- Canada
- Latin Americas
- Brazil
- Other Countries
- Western Europe
- UK
- Germany
- France
- Netherlands
- Nordic
- Sweden
- Denmark
- Finland
- Iceland
- Norway
- Central & Eastern Europe
- Poland
- Austria
- Russia
- Czech Republic
- Middle East
- GCC Countries
- Other Countries
- Africa
- South Africa
- Kenya
- Nigeria
- Other Countries
- APAC
- China & Hong Kong
- Southeast Asia
- Singapore
- Malaysia
- Thailand
- Indonesia
- Other Countries
- Australia & New Zealand
- India
- Rest of APAC
Major Vendors
- ABB
- Caterpillar
- Cummins
- Eaton
- Schneider Electric
- Vertiv
Other vendors include AEG Power Solutions, Artesyn Embedded Technologies, Bachmann, Black Box Network Services, Bloom Energy, Chatsworth Product, Cisco Systems, Controlled Power Company, Crenlo, Cyber Power Systems, Delta Group, Euro-Diesel, Fuji Electric, Generac Power Systems, Hewlett Packard Enterprise (HPE), Hitachi Hi-Rel Power Electronics, Hitech Power Protection, Hitzinger, KOEL, KOHLER (SDMO), Legrand, Mitsubishi Electric Corporation, MTU On Site Energy, Panduit, Piller Power Systems, Pramac, Riello UPS, Rittal, KSTAR, Socomec Group, Toshiba, Virtual Power Systems, Yanmar Group (HIMOINSA) and ZincFive.
Explore our Data Center Knowledge Base to know more about the industry.
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About Arizton:
Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
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SOURCE Arizton Advisory & Intelligence
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