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Data Center Generators Market Size Worth $10.9 Billion by 2027: Grand View Research, Inc.SAN FRANCISCO, May 27, 2020 /PRNewswire/ -- The global data center generators market size is expected to reach USD 10.9 billion by 2027 at a CAGR of 6.5%, according to a study conducted by Grand View Research, Inc. The increasing number of data centers and hyperscale facilities along with growing demand for the edge data centers, are some of the factors contributing to the rise in product demand. These generators provide reliable and cost-effective backup power solutions for data centers. Key suggestions from the report:
Read 108 page research report with ToC on "Data Center Generators Market Size, Share & Trends Analysis Report By Product Type (Diesel, Gas), By Capacity (<1 MW, 1 - 2MW, >2MW), By Tier Standards (Tier I & II, Tier III, Tier IV), By Region, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/data-center-generators-market Manufacturers, such as Cummins, Inc. and Himoinsa, are introducing technologically advanced generator sets that offer remote monitoring and control. These systems allow users to remotely observe and control engine and alternator data, power system status, load levels, and control system status. The advent of such systems is expected to propel the demand for generators in the market. North America has a substantial revenue share in te overall market owing to the presence of a large number of data center facilities in the region. In addition, presence of key companies, such as KOHLER Group and Cummins Inc., also intensifies the competition in this region and contributes to the growing revenue share. With a rise in the number of data centers in developing economies like India, the Asia Pacific regional market is anticipated to record the fastest CAGR in the next seven years. Grand View Research has segmented the global data center generators market based on product type, capacity, tier standards, and region:
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Gain access to Grand View Compass, our BI enabled intuitive market research database of 10,000+ reports About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Web: https://www.grandviewresearch.com Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg
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