Data Center Power Market to Garner Remarkable Proceeds Over 2017-2024 Major Key Players are Belkin International, Black Box, Caterpillar Inc., Cummins Inc., Delta Electronics, Eaton, Emerson Network Power, Generac Power Systems, HBL Power Systems Ltd., Hu

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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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).

The major manufacturers covered in Data Center Power Market: -

• ABB
• Active Power
• AEG Power Solutions
• Belkin International
• Benning Power Electronics
• Black Box
• Caterpillar Inc.
• Cummins Inc.
• Cyber Power Systems (USA), Inc.
• Delta Electronics
• Eaton
• Emerson Network Power
• Generac Power Systems
• GE
• HBL Power Systems Ltd.
• Hewlett Packard Enterprise
• Huawei Technologies
• Legrand
• Phoenix Contact
• Raritan
• Riello UPS
• Rittal GmbH & Co. KG
• Schneider Electric
• Siemens
• TDK
• Toshiba
• Tripp Lite
• Vertiv

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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

Increasing number of the facilities coupled with the rising investments by various business entities across the Nordic region will fuel the Europe data center power market growth. Several companies are focusing on making expansion in the region owing to the presence of abundant fossil fuels and the favorable temperature.

Facility operators are investing in high amount in outsourcing the services to meet the ever-increasing capacity requirements. Growing demand of virtualization by businesses implementing and using cloud technology is expected to boost the deployment of power solutions in European countries.

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.

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Major players operating in the data center power industry include ABB Ltd., Eaton Corporation, Emerson Network Power, Fuji Electric, General Electric, Schneider Electric S.A., Delta Electronics Inc, Toshiba Corporation, Tripp Lite, Riello, Ametek Inc., and Belkin International among others. The presence of major industry players has intensified the competition in the industry with companies competing based on distribution, price, technology, quality, service and brand.

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