Global Data Center Power Market size was valued at US$ 20.32 Bn. in 2021 and the total revenue is expected to grow at 6.5% of CAGR through 2022 to 2029, reaching nearly US$ 33.62 Bn.
Data Center Power Market Scope:
The report provided by MMR is a detailed study of the Data Center Power market, this study has also recognized all the major players in the global market based on the factors like volume, share, strategies, growth, etc. The report also suggests strategies for current market players as well as those who want to enter the market. The synopsis is expected to help and strengthen their position in the market
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Market overview:
The report has analyzed the market using various marketing methods like Porter's five forces, market share analysis, SWOT analysis, etc. In Porter's five forces, the factors and dynamics of the global market are recognized
This analysis is evaluated on various factors such as patents, government rules, and regulations, the impact of advertisements, the impact of COVID-19. All this data is expected to help in the decision-making process.
Data Center Power Market Segment:
The Data Center Power market has been divided into UPS, PDU, busway, and other segments based on product. In 2021, UPS was the market leader. The installation of this product was motivated by the necessity for sensitive and widespread data as well as the expanding use of cloud computing. The usage of portable UPS systems in applications like Software as a Service (SaaS), high-performance computing, online gaming, and online media streaming has also contributed to the expansion of the data centre power market.
During the forecast period, the PDU market is anticipated to expand at a CAGR of roughly 8.4%. The primary force behind the expansion is the rising demand for intelligent power distribution systems. Businesses have started using intelligent PDUs to replace server and network equipment in favour of standard multi-socket racks in recent years. Intelligent power distribution devices are capable of measuring distributed electrical characteristics and identifying environmental factors like humidity and temperature. Additionally, these devices give administrators and operators of the data centre a complete view of the conditions inside a data centre rack and information that enables fault diagnosis and the adoption of necessary energy-saving measures.
Data Center Power Market Key players:
• Server Technology Inc.(US)
• Tripp Lite(US)
• N1 Critical Technologies(US)
• Vertiv(US)
• Raritan Inc.(US)
• General Electric(US)
• Hewlett Packard Enterprise Company(US)
• Black Box Corporation(India)
• Legrand (India)
• Abb Group (Switzerland)
• Schneider Electric (France)
• Eaton Corporation (Ireland)
• Delta Electronic Inc.(Taiwan)
• Cyber Power Systems, Inc.(Taiwan)
• Huawei (China)
• Toshiba(Japan)
• Siemens (Germany)
• Rittal Corporation(Germany)
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Regional Analysis:
- North America (Canada, the United States, and Mexico.).
- Europe (France, Russia, Italy, Germany, UK, Turkey, etc.).
- Africa and the Middle East (Egypt and GCC Countries.).
- Asia-Pacific (Vietnam, Philippines, Malaysia, Korea, China, Thailand, Australia, Indonesia, and India, Japan).
- South America (Brazil etc.).
COVID-19 Impact:
COVID-19 has impacted many businesses and industries. The long-term effects of this are also present in the report, problems caused by COVID-19 are also mentioned in this report and the probable solution to those is mentioned too. Considering the COVID-19 norms there are changes in the rules and regulations of the market. The solutions given in the report are expected to help those affected by the Covid-19 crisis.
Highlights Of the Data Center Power Market Study:
- It gives a detailed view of the market.
- The report mentions development strategies that will help the users.
- Recent market trends are also listed in the report.
- COVID-19 issues and the solution to those.
- The report is based on historical and current market analysis.
- It also mentions the factors affecting the growth of the market.
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