Data Center Generator Market Set to Surge to $13.4 Billion by 2031, Driven by Cloud Computing and Digital Data Expansion

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Data Center Generator Market- (By System Capacity (0-1.5 MW, 1.5-3 MW, and >=3 MW) By System (DRUPS Systems, Diesel, Gas & Bi-fuel Generators, HVO Fuel, and Fuel Cells) By Tier Standard, By Region, Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Global Data Center Generator Market is valued at US$ 5.8 Bn in 2023, and it is expected to reach US$ 13.4 Bn by 2031, with a CAGR of 11.2% during the forecast period of 2024-2031.

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A global data center generator gives data centers around the world extra power when the main power goes out. It ensures that servers, networking, and storage systems keep running without any problems, keeping essential services running and cutting down on downtime in critical infrastructure. One major factor driving the expansion of the market is the proliferation of digital data. As more and more people rely on digital infrastructure for their daily lives, the need for data center generators has skyrocketed. The world's digital data is expanding at a rapid pace. Datacenter generators and technologies are in high demand due to the widespread use of cloud computing in data centers, which is a key component in the expansion of this industry. Another factor that is anticipated to fuel market growth is the growing significance of finding solutions to data centers' power dependability issues. However, market expansion is expected to be hindered in the coming years by rising power costs. Additionally, the growing demand for sophisticated cost management solutions, the increasing use of artificial intelligence, and the widespread acceptance of cloud computing in developing economies are all factors that could lead to growth in the global data center generator market in the coming years.

List of Prominent Players in the Global Data Center Generator Market:
• ABB
• Caterpillar
• Cummins
• Generac Power Systems
• HITEC Power Protection
• KOHLER
• Rolls-Royce
• Yanmar (HIMOINSA)
• Others

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Market Dynamics:
Drivers:
Rising data center needs are propelling the demand for global data center generators. They are fueling demand for worldwide data center generators due to digitization, cloud computing, and the proliferation of the Internet of Things. Additionally, operators' increasing investment in efficient and sustainable power backup solutions in response to strict regulations and growing concerns about energy security is driving the demand for generators in data centers; in addition, reliable backup power solutions are becoming increasingly crucial for businesses as they depend more on data-driven operations. This ensures that services will continue uninterrupted and avoid costly downtime, helping sustain the growing market demand.

Challenges:
Several issues, such as high initial costs and needing more expertise, limit the market for global data center generators. For smaller data center generators, the high operational expenses and upfront investment prices of generators are significant obstacles. Also, data centers can't use their generators as much because of the strict rules on emissions and noise pollution brought about by the growing environmental consciousness. In addition, the use of conventional generators is decreasing due to several factors, including the increasing popularity of green energy sources like solar and wind power and improvements in energy storage devices. Additional operating issues include generators' rising space and weight limitations and their growing maintenance requirements, which are also challenging the market growth.

Regional Trends:
The North American global data center generator market is expected to register a major revenue share. It is anticipated to increase at a high CAGR in the near future because of strict rules for power dependability, an uptick in cloud computing demand, and a proliferation of data centers. Besides, Europe had a substantial share of the market because of the region's stringent environmental restrictions, expanding infrastructure for data centers, and rising focus on renewable energy. In addition, the European market has been growing due, in part, to the desire for renewable and energy-efficient power backup solutions.

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Recent Developments:
• In August 2024, ABB Robotics released OmniCoreTM, an intelligent automation platform that gives businesses more power, improves them, and prepares them for the future with speed, accuracy, and sustainability.
• JN July 2024, Cummins Inc., a frontrunner in global power and technology, has joined forces with Bosch Global Software and KPIT to establish Eclipse CANought, an open-source initiative for commercial vehicle telematics. This initiative will be introduced as part of the larger Eclipse Software Defined Vehicle project. This is an aspect of the larger Open Telematics effort to lower the barriers to entry for commercial vehicle telematics application development.

Segmentation of Global Data Center Generator Market-
Global Data Center Generator Market- By System Capacity-
• 0-1.5 MW
• 1.5-3 MW
• >=3 MW
Global Data Center Generator Market- By System
• DRUPS Systems
• Diesel
• Gas & Bi-fuel Generators
• HVO Fuel
• Fuel Cells
Global Data Center Generator Market- By Tier Standard
• Tier I & II
• Tier III
• Tier IV
Global Data Center Generator Market- By Region
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa

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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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This release was published on openPR.