Data Center Power Market Analysis by Size, Share, Growth Opportunities and Trends 2020 – 2025

Posted on 2020-12-16 by researchinsights in Technology // 0 Comments

Felton, Calif., USA, Dec. 16, 2020 — /EPR Network/ —

The Data Center Power Market appreciated by US$ 6046.0 million in the year 2016. It is estimated to develop at a substantial CAGR for the duration of the prediction. The growing necessity of cloud storage has caused in a huge capacity of data centers everywhere the world. This sequentially, ingest a vast quantity of energy. It expected that approximately 3% of generated electricity be use up by such type of amenities, per year.

The Data Center Power on the source of Type of End Use could span Retail, Energy, Banking and Financial Services Institutions [BFSI], Healthcare, Government, IT & Telecom, and Others. Internationally, the greater demand has observed for data centers in Banking and Financial Services Institutions [BFSI]. It mostly motivated by the growing emphasis of the business on digitization. Furthermore, with the purpose of upsurge capabilities of banking sector, the business has moved on the way to cloud networking and cloud computing. This has given a rise to an enormous demand, thus motivating the progress of the market above the period of prediction.

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The subdivision of telecom has appeared by way of the speedily developing subdivision in the market. The increasing telecommunication substructure necessitates alike amenities to accomplish the huge quantity of data. Causing in the growing expansion of new-fangled data centers. This expected to propel the demand for power organizations resolutions.

The Data Center Power market on the source of Type of Product could span Busway, Power Distribution Units [PDU], Uninterrupted Power Supply [UPS], and others. In the system of the data center power industry, Power Distribution Units [PDU] retailers are offering resolutions. It has abilities of energy observing and regulate the ingestion to safeguard improved usage of energy assets.

Power Distribution Units [PDU] are assisting businesses to decrease usage of energy & carbon track. It is improving the competence of the organizations, thus motivating the demand for clever Power Distribution Units [PDU] above the period of prediction. The companies functioning in the market are mainly concentrating on gaining products those are assisting to upsurge energy effectiveness and are handling energy ingestion due to the increasing practice of these arrangements.

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

Some of the important companies operating in the field on the international basis are General Electric, Eaton Corporation, Emerson Electric, Schneider Electric, and ABB Group. Additional notable companies operating in the field on international basis are Belkin, Riello, Toshiba Corporation, Fuji Electric, HP Enterprise Company, Black Box Corporation, Tripp Lite. Rittal GmbH & Co. KG, Delta Power Solutions, Caterpillar Inc., Cyber Power System, Server Technology, Inc., and Raritan Inc.

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By the source of geography, North America held the biggest stake of market in the year 2016 because the area possess the maximum amount of data centers in the world. Moreover, only the U.S.A. responsible for above 30% stake of the data center power market in the year 2016. Numerous standards and guidelines have presented and applied by administrations and controlling organizations to decrease carbon trails and energy ingestion. This has caused in the massive acceptance of well-organized power administration procedures in data centers in the area of North America.

Furthermore, the area of Asia Pacific anticipated observing a greater development percentage due to the fast growth in the capacity of colocation data centers in developing nations, for example China and India. The statement revises Trades in terms of intake of Data Center Power in the market; particularly in North America, Europe, Asia Pacific, Latin America and Middle East & Africa. It concentrates on the topmost companies operating in these regions.

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