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The global data center power market is estimated to reach values of approximately $19 billion by 2023LONDON, Sept. 18, 2018 /PRNewswire/ -- The global data center power market is estimated to reach values of approximately $19 billion by 2023, growing at a CAGR of more than 6% during 2017-2023. The market research report also offers market size analysis in terms of power capacity (MW) during the forecast period. The >2 MW segment dominated the market share in 2017, growing at a CAGR of around 6% during the forecast period. Tier III segment occupied the largest market share in 2017, growing at a CAGR of more than 5% during the forecast period. More than 1000 kVA UPS systems occupied around 1/3rd of the market share in 2017, growing at a CAGR of over 6% during the forecast period. Market Segmentation by Electrical Infrastructure • UPS systems • Generators • Transfer Switch and Switchgear • Rack PDU • Other Infrastructure Market Segmentation by UPS Systems • <=500 kVA • 500 kVA - 1000 kVA • >1000 kVA Market Segmentation by Generators • <1 MW>• 1 MW - 2 MW • >2 MW Market Segmentation by Tier Standard • Tier I and Tier II • Tier III • Tier IV Data Center Power Market - Geography The global data center power market by geography is segmented into Americas, EMEA, and APAC. The Americas dominated more than 1/3rd of the market share in 2017, growing at a CAGR of around 4% during the forecast period. Mega datacenters with a capacity of over 10 MW across the glove will increase the demand for efficient infrastructure in the global data center power market over the next few years. APAC dominated 1/3rd of the market share in 2017, growing at a CAGR of more than 9% during the forecast period. The growing internet population, increasing use of social media, penetration of smartphones, adoption of public cloud and hybrid cloud services, and the need for enterprises to migrate from a server room environment to datacenters are some of the factors attributing to the growth of this region. Market Segmentation by Geography • Americas o US o Canada o Latin America • EMEA o Western Europe o Nordic o Eastern Europe o MEA • APAC o China & Hong Kong o Singapore o Australia o Rest of APAC Key Vendor Analysis The global data center power market is witnessing the presence of top players that are developing innovative products which offer 90% efficiencies across facilities. The partnership between vendors and facilities operators is critical and will intense the competition in the global market. Facility operators will consider adoption of lithium-ion batteries, fuel cell technology, and intelligent PDUs to improve the efficiency of the facility. Vendors are innovating on modular power solutions that help reduce power wastage and improve efficiency which will intensify the competition in the global data center power market during the forecast period. The major vendors in the global market are: • ABB • Caterpillar • Cummins • Eaton • Schneider Electric • Vertiv Other prominent vendors include AEG Power Solutions, Active Power (Piller Power Systems), Bloom Energy (Fuel Cells), Cyber Power Systems, Delta Group, FG Wilson, Fuji Electric, Geist Global, Genrac Power Systems, Hitachi Hi-Rel Power Electronics, Hitech Power Protection, HPE, KHOLER (SDMO), Legrand, Mitsubishi Electric Corporation, MTU On Site Energy, Riello UPS, Rittal, KSTAR, Socomec Group, Toshiba, Tripp Lite, and Yanmar Group (HIMOINSA). Key market insights include 1. The analysis of global data center power market provides market size and growth rate for the forecast period 2018-2023. 2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the global data center power market. 3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities. 4. It offers a complete overview of market segments and the regional outlook of the global market. 5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage. Download the full report: https://www.reportbuyer.com/product/5493861 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/the-global-data-center-power-market-is-estimated-to-reach-values-of-approximately-19-billion-by-2023-300714933.html SOURCE ReportBuyer |