What’s Driving the Data Center Power Market Trends ? | Key Companies are Belkin International, Black Box, Caterpillar Inc., Cummins Inc., Delta Electronics, Eaton, Emerson Network Power, Legrand, Phoenix Contact, Toshiba, Vertiv

In the recent times, the global data center power market space has been witnessing an unprecedented pace of growth courtesy- the surge in the number of data centers all over the world. The amount of data that is being generated and estimated to be generated in the immediate future can be rightly termed as gargantuan. This has, in turn, assisted the prominent data center operators to expand their services and augment their remuneration portfolio in a drastic way.

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While it is quite undeniable that the leading end-user of data center power industry has been the private sector, however, given the rising significance of e-governance across the globe, a plethora of government agencies have been compelled to get on the bandwagon of rapid digitization. Apparently, various government bodies, it has been observed, have been making extensive efforts to consolidate their respective data centers network, a trend which would eventually quicken the pace of data center power market size expansion over the estimated timeframe.

The Major Key Players in the Data Center Power Market are as follows:
• ABB
• Belkin International
• Black Box
• Caterpillar Inc.
• Cummins Inc.
• Delta Electronics
• Eaton
• Emerson Network Power
• Generac Power Systems
• GE
• Hewlett Packard Enterprise
• Huawei Technologies
• Legrand
• Phoenix Contact
• Schneider Electric
• Siemens
• Toshiba
• Vertiv

Some Points From Table of Content: -
Chapter 3. Data Center Power Market Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.2.1. Global data center industry landscape
3.2.2. Data center UPS industry landscape, 2013 – 2024
3.2.2.1. Data center UPS market size, by region, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Technology landscape
3.5. Regulatory landscape
3.6. Industry impact forces
3.6.1. Growth drivers
3.6.1.1. Rising power consumption of data centers globally
3.6.1.2. Development and growing usage of modular data centers
3.6.1.3. Shift towards more intelligent power managing products
3.6.1.4. Growing demand for high power ratings
3.6.1.5. Increasing usage of OTT content services in North America
3.6.1.6. Rapid infrastructure development of various end-use segments in Europe
3.6.1.7. Widespread adoption of cloud computing and IoT in Asia Pacific
3.6.1.8. Rapidly developing IT infrastructure in China and India
3.6.1.9. Rise in number of data centers in South America
3.6.1.10. Increasing urbanization in MEA
3.6.2. Industry pitfalls and challenges
3.6.2.1. Slowdown in the semiconductor industry
3.6.2.2. Rising cost for raw materials and skilled labor
3.6.2.3. Complexity of data center designs
3.6.2.4. High initial investments
3.7. Growth potential analysis
3.7.1. Business model
3.8. Porter’s analysis
3.8.1. Threat of new entrants
3.8.2. Buyer power
3.8.3. Supplier power
3.8.4. Threat of substitutes
3.8.5. Industry rivalry
3.9. Competitive landscape, 2016
3.9.1. Strategy dashboard
3.10. PESTEL analysis

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The colocation data center power market accounted for a majority of the industry share in several Asian and European countries over the last few years. Companies are gradually shifting their IT infrastructure to the cloud with colocation providers offering a perfect solution for cloud providers and business servers owing to which a sharp increase in the construction activities is being witnessed. In addition, the colocation providers are offering companies uninterrupted maintenance and services, thereby enhancing their performance and productivity. The growing focus on the reduction of operational expenditure and capital by companies will drive the colocation data center power market over the forecast timespan.

In North America data center power market, factors including digitization and virtualization have led to the emergence of several cloud-based companies, which are playing a vital role in the regional growth. The growth is attributed to the presence of public cloud companies, such as Microsoft and Amazon, which are generating opportunities for construction of new data center coupled with the renovation of the legacy data centers. The U.S. was a major revenue generating country in 2016 as several providers were involved in powering the facilities for data center operation through renewable energy sources.

The growth of data center power market can be fundamentally credited to this aspect. The foremost strategy being implemented by the IT vendors is upgradation of data centers with more efficient and advanced server architectures, ensuring improved operations even in limited budgets. Data center power market providers are readily introducing adaptive control systems that significantly curtail the energy consumption, thereby reducing the overall operating cost as well as TCO (Total Cost of Ownership). With increasing investments in intelligent power management products in tandem with growing consumer awareness toward electricity saving, data center power market is sure to make huge turnarounds in terms of profit over the ensuing years.

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