Press release
Data Center Power Market Size and Growth Analysis by Top Key Players Hewlett Packard Enterprise, Huawei, Eaton, ABB, Belkin International, AEG Power Solutions, Delta Electronics, Emerson Network Power, GE, Mitsubishi Electric Automation, Inc.
Global data center power market has truly gained an incremented pace of advancements from IT and telecom sector in recent past, courtesy- the humougous amount of data generated by these businesses that demand adequate storage. The tech-infrastructure of today's corporate organizations has massively grown both in terms of depth and complexity, which in consequence has raised significant challenge to the use, deployment, and maintenance of IT infrastructure. In the face of this pressure, as per experts' opinion, the present state of data centers demands a digital transformation that would ensure space utilization and lower power consumption, while streamlining the operations, cost, and performance scales of the companies.The incredibly growing cost of energy is quite indicative of the growth potential of data center power market. Primarily on account of higher server densities and subsequent overloading on age-old facilities, energy consumption across the data centers is sky rocketing day by day. Amidst this backdrop, lowering the energy consumption and reducing the management cost are the two prime concerns that IT vendors are dealing with, which, in turn, is driving the data center power industry expansion in this sector.
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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.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. ABB Ltd.
2. Active POWER
3. AEG Power Solutions
4. Belkin International
5. Inc.
6. Benning Power Electronic
7. Black Box Corporation
8. Borri Industrial Power Solutions
9. Caterpillar Inc.
10. Clary Corporation
11. Controlled Power Company
12. Cummins
13. Cyber Power Systems
14. Delta Electronic Inc.
15. Eaton Corporation
The burgeoning demand for cloud storage has led to a surge in the number of data centers across the globe, which has consequentially led to data center power market witness a significant boost. As per some reliable estimates, the U.S. alone has over 3 million installed data centers, with close to 10 percent of the total electricity of the nation being utilized by these data centers. Concurrently, to put the current scenario into perspective, as per some authentic sources, the data centers apportioned a staggering five percent of the overall electricity generated all around the globe.
Apparently, the aforementioned statistics further affirm the need to increase efficiency and reduce the power losses as an increasing number of data center operators have been facing enormous challenges on those fronts. Leading data center power industry giants appear keen on developing innovative solutions that would not only enhance the overall efficiency of data centers but would lower the operating costs as well, thereby propelling the growth prospects of data center power market over the forthcoming years.
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