US Data Center Power Market Expected to Reach US$ 5.0 Billion by 2031 | General Electric, Eaton, Schneider Electric.

U.S. Data Center Power Market reached US$ 2.8 billion in 2022 and is expected to reach US$ 5.0 billion by 2031, growing with a CAGR of 7.7% during the forecast period 2024-2031.

US Data Center Power Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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US data center power infrastructure refers to the electrical systems that supply and manage energy for data centers, ensuring reliable and efficient operations. With increasing demand for cloud computing, AI, and digital services, energy consumption in data centers is growing rapidly. Power solutions include backup generators, UPS systems, and renewable energy integration to enhance efficiency. Sustainable power strategies, such as using solar and wind energy, are gaining traction to reduce carbon footprints.Advanced cooling systems and energy-efficient hardware are crucial for minimizing power consumption and operational costs.

List of the Key Players in the US Data Center Power Market:

General Electric, Eaton, Schneider Electric, Intel, Sunbird DCIM, Vertiv Liebert, LocknCharge, Cisco, Panduit and Belden.

Industry Development:

In July 2023, Huawei advanced its commitment to sustainable data center solutions at the 2023 Global Smart Green Data Center Summit. The company introduced three new data center facility solutions focused on enhancing efficiency while achieving a low Power Usage Effectiveness (PUE) of just 1.15. Additionally, Huawei launched iManager-M, an intelligent cloud-based management solution designed to optimize productivity and energy efficiency for data center operators. This software provides real-time Key Performance Indicators (KPIs) and enables remote operations, eliminating the need for on-site servers and reducing capital expenditures.

Market Dynamics

Rapid Growth in Demand of Data Center

The data center power market is experiencing rapid growth due to the rising demand for data centers worldwide. In 2021, global spending on data center systems reached an impressive $237 billion, highlighting their critical role in modern business and government operations, with over 1,500 government-owned data centers. These energy-intensive facilities account for approximately 2% of total U.S. energy consumption, with around 40% of their operating costs attributed to power usage, driving the need for energy-efficient solutions. With approximately 7,500 data centers globally and data generation continuing to surge, the market is set to expand further to meet the growing demand for storage, processing, and distribution of data.

Growth Forecast Projected:

The Global US Data Center Power Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global US Data Center Power Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the US Data Center Power Market: CCC

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the US Data Center Power market?

➠ Who are the leading manufacturers in the global US Data Center Power industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global US Data Center Power industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the US Data Center Power market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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