Data Center Power Market 2020 Size, Trends, Growth, Key Companies, Forecast by 2025 | ABB, Emerson Electric Company, General Electric, Schneider Electric, Caterpiller, HP Enterprise, Delta Power Solutions, Blackbox Corporation, Eaton, Server Technology, C

Data center applications are dependent on reliable power source. Data center power solution provides energy efficient and sustainable power supply to several components of a Data center for their functioning. Therefore, nowadays the traditional Data center power supply solutions are replaced with several energy-efficient as well as sustainable solutions, considering the very low efficiency of the traditional Data center power solution.

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The major factors affecting the performance of power solutions were outdated energy conversion techniques, frequent occurrences of overloading, downtime, and system failure. These factors had significant impact on operational costs and business continuity. Therefore, to overcome this impact, Data center providers have introduced power solutions by integrating advanced technologies.

It is expected that The Data center power market will witness a significant growth predominantly due to adoption of several technologies including cloud services which is dependent on data centers. Since, Cloud computing, requires a significant computational power to provide enhanced scalability, efficiency, and flexibility of business operations, which has resulted in an adoption of Data centers with sustainable power source.

Key Market Drivers and Restraints:

The growing adoption of cloud computing will boost the Data center power market

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Data center power market will witness significant demand due to growing adoption of IoT applications such as smart homes, smart cities as well as connected cars. There has been several installation and new developments to provide energy efficient as well as sustainable power sources. For instance, Google's Data center near Las Vegas will be powered by a solar farm. The company has invested $1 billion to build this power source.

However, due to the complexity of Data center power installation and high initial cost of installation will is pose a significant challenge in this market.

Key Products:

Uninterrupted power supply will have a significant contribution in Data center power market
Uninterrupted power supply (UPS) is among the key contributors in this market due to dependency of Data center applications such as computing, on a reliable power source. Development of technologies such as cloud computing, online streaming services and mobility will increase the demand for Data center, resulting in increases demand for UPS.

Furthermore, deployment of portable UPS systems will also boost the segment growth. Portable UPS is being implemented in services, such as Software as a Service (SaaS), high-performance computing as well as online gaming.

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Regional Market Scenario:

North America will have the significant contribution in terms of revenue; however, APAC will lead the growth in this market

It is expected that North America will hold the largest market share in the global Data center power market. However, APAC is likely to grow at a higher growth during the forecast period. Due to the presence of several major market players in the region will enable North America to hold the largest share. In addition, rising investments and government initiatives as well as spending on Data centers is among the key factors driving the market growth in this region.

Emerging economies like China and India in APAC, are key growth countries for Data center power. Due to increase in Data center construction as well as data storage demand due to rise in cloud-based applications will boost the global Data center market in this region. Additionally, growing IT & telecom services, penetration of internet, growing economy, and government support for the Data center construction will further boost the market.

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In the coming years, due to an increase in technology penetration and huge investments in contact enters that are utilizing Data center power solutions, it is expected that the adoption of Data center power will significantly grow, to obtain insights from the data generated from customer interaction. India, China, South Korea, and other Asian countries will take maximum advantages of their key strengths and which will help the market growth in this region.

Key Market Players
o ABB
o Emerson Electric Company
o General Electric
o Schneider Electric
o Caterpiller
o HP Enterprise
o Delta Power Solutions
o Blackbox Corporation
o Eaton
o Server Technology
o Cyber Power System
o Rittal GmbH & Co KG
o Others

Market Segments: Data center power Market
o By Product
o Power Distribution Unit
o Uninterruptible Power Supply
o Busway
o Others

o By End user
o Mid-Sized Data center
o Large Data center
o Enterprise Data center

o By End-User
o BFSI
o Manufacturing
o IT & Telecom
o Government
o Energy
o Others

o By Region (tentative)
o North America
o US
o Canada
o Europe
o Germany
o France
o UK
o Asia Pacific
o China
o India
o Japan
o The Middle East and Africa
o UAE
o South Africa
o South America
o Brazil

Key Sources
o Industry Associations
o Patent Websites
o Company Annual Reports
o Company Websites
o Key industry leaders
o Technology consultants
o Ministry of Electronics & IT (Govt. of India) articles
o System Integrators
o Others

Key Questions Answered
o What are the key growth regions and countries?
o What are the important types and technologies being used?
o What are the market players doing, in terms of research and development?
o Which are the new applications for this market?
o What are the integrations happening?
o What is the recent news, developments, mergers, or large value deals?

Key Stakeholders
o Component Providers
o Products & solution providers
o System Integrators
o Regulatory Authorities
o Research and Innovation Organizations
o Technocrats
o Suppliers and Distributors
o Other Channel Partners

CONTACT INFORMATION
Ryan Johnson
+1(972)3628199

About Adroit Market Research:
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This release was published on openPR.