Data Center Power Market Growth Analysis With Key Vendors ABB, Belkin International, Delta Electronics, Eaton, Emerson Network Power, GE, Huawei Technologies, Schneider Electric, Toshiba

Data Center Power Market is witnessing increasing demand from the IT & telecom industry, which can be attributed to the enormous volume of data generated by the businesses that require adequate storage and demand for improving service levels. To streamline operations, reduce costs, and enhance the performance companies operating in the IT & telecom industry are focusing on deployment of these facilities. In addition, the infrastructure development across several countries by major IT companies such as IBM, Google and Microsoft are providing an impetus to the data center power market growth.

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Key companies in the Data Center Power Market: -
1. ABB Ltd.
2. Eaton Corporation
3. Emerson Network Power
4. Fuji Electric
5. General Electric
6. Schneider Electric S.A.
7. Delta Electronics Inc
8. Toshiba Corporation
9. Tripp Lite
10. Riello
11. Ametek Inc.
12. Belkin International
13. Huawei Technologies

The rapidly rising energy costs has made the data center operators more inclined towards the greener facilities to improve the operational efficiency of the equipment, which will impact the sales of the equipment such as cabling, busways and intelligent PDUs over the forecast timespan. Players are manufacturing equipment with energy efficient technologies and are utilizing renewable and green energy for their products. In addition, data center power market service providers are implementing the adaptive control systems to minimize the energy consumption. The efficient power solutions installed in the facilities are helping companies to reduce the overall operating cost, which in turn are reducing the total cost of ownership (TCO).

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Data Center Power Market By Component

• Solution
• Power Distribution Units (PDUs)
• UPS
• Generators
• Cabling Infrastructure
• Others
• Service
• Managed
• Professional
•
Data Center Power Market By Application

• BFSI
• Colocation
• Energy
• Government
• Healthcare
• Manufacturing
• IT & Telecom
• Others

Emerging trend of utilizing colocation facilities by companies in comparison to the construction of new facilities can be credited to the requirement of huge capital investments. Factors such as capital expenditures associated with building newer facilities followed by need for updating large computing centers are compelling the colocation data center power market growth. In addition, growing popularity of using colocation among the cloud service providers and private companies is fueling the industry growth. However, complexity of data center designs and high initial investments required for these facilities may hamper the data center power market growth.

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Asia Pacific market will witness substantial considerable growth rate owing to the increasing data storage demand from cloud-based applications and rise in data center construction activities due to the regulatory support. Several regulations and norms are being introduced and implemented by the regional regulatory and governments bodies in the region to reduce energy consumption and carbon footprint which has led to a huge adoption of efficient management devices such as energy efficient PDUs and smart UPS. Moreover, the region is providing potential growth prospects owing to the developments in the infrastructure, and emergence of modern technologies.

Related Report: - Edge Data Center Market Size By Component (Solution [Cooling, Power, UPS, IT Racks & Enclosures, Networking Equipment, DCIM] Service [Installation & Integration, Managed, Consulting]), By Application (BFSI, Colocation, Energy, Government, Healthcare, Manufacturing, IT & Telecom), Industry Analysis Report, Regional Outlook , Growth Potential, Competitive Market Share & Forecast, 2018 – 2024.
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