Data Center Power Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

The Data Center Power Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Data Center Power Market Size and Its Estimated Growth Rate?
Recent years have seen a robust expansion in the size of the data center power market. It is set to escalate from $24.18 billion in 2024 to $25.55 billion in 2025, progressing at a compound annual growth rate (CAGR) of 5.7%. This growth during the historic period is pressed by factors including a surge in data center demand, escalating data traffic, initiatives for data center consolidation, an emphasis on energy efficiency, governmental regulations promoting energy efficiency, and green data center initiatives.

In the coming years, the size of the data center power market is projected to experience robust expansion, reaching $36.12 billion by 2029, with a compound annual growth rate (CAGR) of 9.0%. This anticipated growth during the projection period can be attributed to factors such as the integration of energy storage, remote control and overseeing, the deployment of modular data centers, emphasis on power quality and dependability, regulatory backing for sustainable practices, and demand for scalable power infrastructure. Noteworthy market trends for the forecast period encompass advanced power distribution and management systems, hybrid and multiple cloud environments, high-density computing and cooling solutions, improved monitoring and data analysis, and collective efforts towards innovation.

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How Are Emerging Segments Shaping the Data Center Power Market Landscape?
The data center power market covered in this report is segmented -

1) By Product: PDU, UPS, Busway, Other Products
2) By Components: Solution, Services
3) By Tier Standards: Tier I And II, Tier III, Tier IV
4) By UPS Systems: 1,000 kVA
5) By End-Use: IT And Telecommunications, BFSI, Government, Energy, Healthcare, Retail, Other End-Users

Subsegments:
1) By PDU (Power Distribution Unit): Basic PDUs, Smart PDUs, Metered PDUs
2) By UPS (Uninterruptible Power Supply): Standby UPS, Line-Interactive UPS, Double-Conversion UPS
3) By Busway: Aluminum Busway, Copper Busway, Busway Tap-Off Units
4) By Other Products: Generators, Power Monitoring Systems, Power Management Software

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Which Growth Factors Are Influencing Data Center Power Market Expansion?
The upswing in the requirement for cloud-based data storage is propelling the expansion of the data center power market. Cloud storage is a model of cloud computing that utilizes the internet for data storage, managed and operated as a service by a cloud computing provider. The role of a data center for any organization is to contain servers and/or data storage, involving the hardware, the space protecting it, the power and backup systems, climate controls, and all other necessary components to keep servers operational. For example, the European Commission, a government body based in Belgium, reported in April 2024 that there was a 6 percentage point increase in large enterprises using cloud computing services in 2023, rising to 77.6% from 71.6% in 2021. For medium-sized enterprises, cloud service purchases increased from 53% in 2021 to 59% in 2023. Small businesses also saw a rise of 3.8 percentage points in the share, reaching 41.7% during the identical period. Therefore, the escalating demand for cloud data storage is fuelling the growth of the data center power market.

Who Are the Dominant Players Across Different Data Center Power Market Segments?
Major companies operating in the data center power market are ABB Ltd., Anord Mardix Inc., Delta Electronics Inc., Eaton Corporation PLC, Huawei Technologies Co Ltd., Schneider Electric SE, Siemens AG, Toshiba Corporation, ZincFive Inc., Cyber Power Systems, General Electric company, N1 Critical Technologies Inc., PDU Experts solutions, Socomec Group S.A., AEG Power Solutions, Alpha Technologies, Ametek Powervar, Black Box Corporation, Caterpillar Inc., Cummins Inc., Emerson Network Power, Fuji Electric Co. Ltd., Generac Power Systems, Hitec Power Protection, Legrand SA, Mitsubishi Electric Corporation, MTU Onsite Energy, Piller Power Systems, Power Innovations International Inc.

What Are the Latest Developing Trends in the Data Center Power Market?
In the context of the data center power market, technological innovation plays a vital role. The main firms active in this market are prioritizing the creation of innovative technological solutions to maintain market relevance. For example, MaxLinear Inc., a technology corporation based in the United States, introduced 200G/lane PAM4 SERDES (Serializer/Deserializer) and Rushmore DSP in March 2024. These innovations offer significant strides in capacity, power efficiency, and density, allowing data center operators and cloud providers to address the surging need for data traffic, higher-speed network transitions, and critical power efficiency obligations of AI/ML networks. Rushmore, an expansion on the Keystone family's 5nm 100G/lane DSPs proven technical and commercial success, provides higher data rates and substantially lower latency for Big Data and AI/ML functions while adding extra features and performance upgrades. The Rushmore DSP family, developed in conjunction with internally optimized SERDES, delivers unrivaled power efficiency and performance.

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Which Geographic Regions Are Expected to Dominate the Data Center Power Market in the Coming Years?
Asia-Pacific was the largest region in the data center power market in 2024. Asia-Pacific is expected to be the fastest-growing region in the data center power market report during the forecast period. The regions covered in the data center power market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Data Center Power Market?
2. What is the CAGR expected in the Data Center Power Market?
3. What Are the Key Innovations Transforming the Data Center Power Industry?
4. Which Region Is Leading the Data Center Power Market?

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