Press release
Data Center Power Market Size to Grow at CAGR of 6.40% by 2032
Data center power is a critical aspect of data center design and operation, with a focus on ensuring continuous, high-quality power supply to the equipment and protecting against potential outages or power quality issues. The power distribution process is designed to provide a continuous, high-quality power supply to the data center equipment, including IT equipment, cooling, lighting, and other support systems.
Data center architects consider current and future power requirements to design data centers that are not under- or over-powered, as the use of too much or too little power can lead to expensive and wasteful outcomes or damaging power surges when workloads spike.
The data center power market is projected to grow from USD 19.2 Billion in 2023 to USD 31.6 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.40% during the forecast period (2023 - 2032).
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Key Companies in the data center power market include,
ABB (Switzerland)
Emerson Electric Company (U.S.)
Schneider Electric (France)
General Electric (U.S.)
Eaton (Ireland)
Delta Power Solutions (Taiwan)
Raritan Inc. (U.S.)
Rittal GmbH & Co. KG (U.S.)
Server Technology Inc. (U.S.)
Tripp Lite (U.S.)
CyberPower System (Taiwan)
Black Box Corporation (U.S.)
Caterpillar Inc. (U.S.)
HP Enterprise Company (U.S.)
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Redundant Power in Data Centers:
Redundant power, including uninterruptible power supply (UPS) systems, cooling systems, and backup generators, are fundamental components in data centers. They are crucial for supporting the uptime standards associated with data center tiers and ensuring continuous operation of servers, storage systems, and networking devices.
Increasing Power Demand and Consumption:
The demand for power in data centers is expected to increase significantly in the coming years.
This growth is driven by factors such as the increasing demand for AI and machine learning-ready racks, which require more power and cooling than traditional data centers.
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Energy Efficiency and Future Considerations:
Data centers are one of the most energy-intensive building types, consuming a significant amount of electricity. However, there are opportunities to reduce energy use in data centers through efficient design and improvements in existing data center efficiency.
Additionally, there is a growing focus on increasing energy efficiency while providing a highly adaptable IT environment to support rapid changes in demand.
Importance of Power in Data Centers
Power is a critical element that brings a data center to life and keeps IT infrastructure up and running even during disruptions. Understanding the role of data center power is crucial for making informed decisions when evaluating data centers and colocation providers.
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Impact on Power Grid and Policy Developments
The increasing demand for power from data centers is putting pressure on the power grid in various regions, leading to concerns about potential shortages and the need for credible plans to expand the power grid.
Policy developments are also targeting improved data collection and transparency to inform energy analysis and policy making, particularly in segments where data are limited or not available.
In summary, data center power is a critical consideration in the design and operation of data centers, with a focus on ensuring continuous, high-quality power supply, addressing increasing power demand, and improving energy efficiency while considering the impact on the power grid and policy developments.
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