Global Data Center Power Market 2023-2027
Technavio has been monitoring the data center power market and is poised to grow by $20569.77 mn from 2023-2027, accelerating at a CAGR of 11.1% during the forecast period. Our report on the data center power market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing investments in data centers, the emergence of mini data centers, and the increasing adoption of intelligent PDUs.
Technavio's data center power market is segmented as below:
- Transfer switches and switchgear
- IT and telecom
By Geographical Landscape
- North America
- South America
- Middle East and Africa
This study identifies the increasing investments in HPC systems as one of the prime reasons driving the data center power market growth during the next few years. Also, an increase in strategic investments and partnerships and increasing investments in green data centers will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the data center power market covers the following areas:
- Data center power market sizing
- Data center power market forecast
- Data center power market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading data center power market vendors that include ABB Ltd., Active Power Solutions Ltd., AEG Power Solutions BV, Black Box Corp., Caterpillar Inc., Control Technology Co., Cummins Inc., Cyber Power Systems Inc., Danfoss AS, Delta Electronics Inc., Eaton Corp. Plc, Exide Technologies, Generac Holdings Inc., Legrand SA, Panduit Corp., Rolls Royce Holdings Plc, Schneider Electric SE, Siemens AG, Toshiba Corp., and Vertiv Holdings Co. Also, the data center power market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.