Browse 206 market data Tables and 59 Figures spread through 228 Pages and in-depth TOC on “Data Center Power Market – Global Forecast to 2025”
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Enterprises segment to hold the largest market size during the forecast period
Enterprises with a broad customer base and using high-end cloud computing services are adopting data center power systems. Data centers are now seen as a key business parameter and not as external facilities for the storage of information and business operation models. They have become critical for the functioning of big business enterprises. Any interruption in data center operations can virtually bring down any business to its knees, if an efficient data center power system is not adopted.
Support and maintenance segment to grow at the highest CAGR during the forecast period
Support and maintenance services help data center managers to overcome the complexities in setting up efficient power facilities. These services are provided by companies that help in offering optimized data center power facilities. It is difficult for enterprises to attain data center efficiency without the adoption of efficient power solutions and services. The data center infrastructure is complicated; thus, appropriate measures regarding energy efficiency need to be analyzed and taken into account before implementation.
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North America to account for the largest market size during the forecast period
North America houses some of the major data center power vendors, such as Cisco, Vertiv, Tripp Lite and Cyber Power Systems. These players have their headquarters, direct sales offices, and large number of data centers in the region to cater to the North American client base. The data center power market in North America witnesses tremendous growth due to the rise in the adoption of cloud computing and economic growth. The enterprises in this region are adopting measures for minimizing operational costs and increasing Return on Investment (RoI) by focusing on energy efficient data centers that meet government regulations on environmental norms. The Multi-Tenant Data Center (MTDC) in North America experiences high growth due to the heavy demand from both private companies and governments.
The data center power market comprises major solution providers, such as Schneider Electric (France), Vertiv (US), ABB (Switzerland), Eaton (Ireland), Delta Electronics (Taiwan), Huawei (China), Legrand (France), Tripp Lite (US), Toshiba (Japan), Siemens (Germany), Mitsubishi Electric (Japan), Cisco (US), Kehua Tech (China), Socomec (France), Rittal (Germany), Cyber Power Systems (Germany), PDU Experts (UK), and Anord Mardix (Ireland, UK and US). Some startups includes Raman Power Technologies (UK), N1 Critical Technologies (US), Critical Power (US), bXterra Power Technology (US), ZincFive (US), ZRGP (China) and Hardy Racks (India).The study includes an in-depth competitive analysis of these key players in the data center power market with their company profiles, recent developments, and key market strategies.
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