Generator in Data Center Market New Opportunities for Sustained Growth and Expansion 2021-2027
The Generator in Data Center Market report is a collection of useful information, quantitative and qualitative estimation by industry experts, the contribution from industry connoisseurs, and industry accomplices across the value chain. Furthermore, the report also provides the qualitative results of diverse market factors on its geographies and segments. This report on Generator in Data Center market gives historical, current, and future market sizes (US$ Mn) of product types, applications, route of administration, distribution channels, and geographic regions.
The global data center generators market size was valued at USD 6.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2020 to 2027.
A data center generator works as a backup power system that provides emergency power to data centers during a utility power outage. Increasing power consumption in data centers and rising demand for efficient power backup solutions have accelerated the data center generator market globally. In addition, the increasing adoption of next-generation power monitoring and management software has also accelerated the data center generator market. Installation of this software helps operators to predict an outage of power and provides power to data centers from other sources such as a generator.
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The major players dominating the consulting market are SDMO, MTU Onsite Energy, AVK, Atlas Copco, Himoinsa, MTU Onsite Energy, Wilson, Caterpillar, Generac, Pramac These companies have been profiled in the report providing detailed analysis of their financial information and business strategies.
Key Market Insights
The market is seeing the procurement of renewable energy among Tier I and Tier II colocation providers, with most hyperscale facilities expected to operate with renewable energy resources by 2023. For instance, according to the Solar Energy Industries Association in 2018, renewable electricity capacity accounted for some 20.5% of total U.S. generating capacity.
Generators are installed across facilities to ensure that it operates at 100% availability irrespectively of incoming power from utility grids in the global market. The increase in innovations and adoption of fuel cell technology will reduce the demand for generator systems in the global market over the next several years.
Many colocation service providers have raised data centers' production due to the growing demand for edge data centers worldwide. For example, in 2019, Google invested USD 3.3 billion to develop its data center presence in Europe, including an added 600 million euros investment in the Hamina data center in Finland, taking the whole investment in the site to EUR 2 billion.
Moreover, the growing construction of hyperscale facilities and the increasing adoption of Diesel Rotary Uninterruptible Power Supply (DRUPS) is anticipated to encourage the market.
Global Generator in Data Center Market Split By Product Type And Applications:
This report segments on the basis of Types are:3000 KW
This report segments on the basis of Application are: Analog Control Technology, Digital Control Technology, Others
APAC Holds the Largest Market Share
The increasing investments by global and regional facility operators and the rising adoption of public cloud and hybrid cloud services are the primary factors attributing to the growth of the Data Center Generator Market in the APAC region.
AWS, Google, Baidu, Alibaba, Microsoft, and Apple are the largest investors in the APAC market. The deployment of edge computing locations across many nations, particularly India and China, will support APAC's growth during the forecast period.
The presence of influential companies, such as Caterpillar Inc. and Cummins, Inc., among others, has positively influenced the growth of the regional market. Determinants, such as advanced technology advancement and information about the same, are also anticipated to have a positive influence on the market.
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Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: The Global Generator in Data Center Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. Analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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