Growing Investments to Boost the Global Data Center Power Market Growth| Technavio

LONDON–()–The global data center power market is anticipated to develop at a CAGR of shut to 13% from 2017-2021, in accordance to a brand new market study report by Technavio.

Global knowledge middle energy market segmentation by product and geography

Technavio’s report on the world knowledge middle energy market analyses the enterprise dimensions and presents a complete breakdown by way of market segmentation by product, together with uninterruptible energy provide, turbines, switch switches and switchgear, energy distribution items, and vitality storage. The UPS dominated the world knowledge middle market in 2016, accounting for a share of greater than 26%.

Based on geography, the world knowledge middle energy market has been segmented into the Americas, EMEA, and APAC. The Americas dominated the world knowledge middle energy market in 2016, with a share of greater than 46%.

“The Americas dominated the global data center power market in 2016. The progress is attributed to the rising variety of new knowledge middle constructions in addition to the renovation of the current knowledge facilities. The US is main income contributing nation on this area, whereby many world suppliers are concerned in powering the amenities by means of renewable vitality sources for knowledge middle operations,” says Jujhar Singh, a lead analyst at Technavio for data center analysis.

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Global knowledge middle energy market: aggressive vendor panorama

The world knowledge middle energy market is dominated by six key gamers that embrace ABB, Eaton, Vertiv, GE Industrial Solutions, Legrand, and Schneider Electric. Vendors in the world knowledge middle energy market are reasonably concentrated. The market is very aggressive as all gamers attempt to achieve higher market shares. Intense competitors, speedy advances in know-how, and consolidation of knowledge facilities represent important dangers for the distributors in the market. Therefore, to survive and succeed on this aggressive surroundings, it’s crucial for distributors to distinguish their product and repair choices by means of clear and distinctive worth propositions.

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Technavio’s pattern experiences are freed from cost and comprise a number of sections of the report together with the market dimension and forecast, drivers, challenges, tendencies, and extra.

Other matters lined in the report:

Market drivers:

  • Increased building of inexperienced knowledge facilities
  • Increase in knowledge middle funding

Market challenges:

  • UPS battery failure
  • Consolidation of knowledge facilities

Market tendencies:

  • Use of DC energy distribution for knowledge middle
  • Growing adoption of multimode UPS methods

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