Combined Heat And Power CHP Systems Market: Expected To Observer Major Growth By 2026
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Global CHP System market for Data Centre: MarketDynamics
Regions with high electricity cost are readily adopting CHP systems primarily to save on their energy cost to provide base load power and using such systems to provide absorption cooling for the facility. Moreover, government initiatives to install CHP systems in data center facilities due to low CO2 emissions is also expected to increase its adoption rate thereby increasing the adoption of CHP system in data centers.
Low economic life of data center IT equipment results in consumer reluctance towards adoption of CHP systems for data centers since these systems have equipment life of around 10-15 years in comparison to economic life of IT equipment which is only 2-3 years.
Global CHP System market for Data Centre: Segmentation
The global CHP system market for data center can be segmented on the basis of data center types, facility size, installation type and region. By Data center types the market can be segmented into Telecoms, ISP’s (internet Service Provider), CoLos (Co-located server hosting facilities), server farms, corporate data centers, university/ national laboratory and others. Based on facility the market can be segmented into less than 200 sq.ft, 200-700 sq.ft, 700-1,200 sq.ft, 1,200-6,000 sq.ft and more than 6,000 sq.ft. Based on installation type global cogeneration systems market for data center can be segmented into newly installed systems and retrofit systems. By region global CHP system market for data centers can be segmented into seven key regions namely North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific Excluding Japan (APEJ), Middle East and Africa and Japan.
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Global CHP System market for Data Centre: Key Players
Some of the major players identified across CHP system market for data center includes ENER-G, Korea Electric Power Corporation, National Grid plc, Exelon Corporation, NextEra Energy, Inc., Chubu Electric Power Company, American Electric Power Company, Inc. and others.
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