Data Center Power Market

1. Expected to Reach USD 20.73 Billion by 2034 | CAGR: 8.2% Data Center Power Market Data Center Power Market Size, Share, Trends, Industry Analysis Report, By Component, Data Center Size (Small and Medium Sized and Large Sized), End Users, Vertical, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa); Market Forecast, 2025 - 2034

2. Data Center Power Market Estimate & Forecast • Global Data Center Power Market size and share is currently valued at USD 9.44 Billion in 2024 and is anticipated to generate an estimated revenue of USD 20.73 Billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 8.2% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034 • The data center power market is growing rapidly, driven by the increasing demand for digital services, cloud computing, and the rise of data-intensive applications like AI, IoT, and big data analytics. This market focuses on providing reliable, efficient, and scalable power solutions to data centers, which consume vast amounts of electricity to support their operations and ensure uptime. Key components in this market include power distribution units (PDUs), uninterruptible power supplies (UPS), generators, and battery systems. Energy efficiency and sustainability are central concerns, pushing providers to innovate with renewable energy sources, advanced power management solutions, and cooling technologies to reduce carbon footprints. Regional growth varies, with significant demand in North America, Europe, and emerging data center hubs in Asia-Pacific regions.

3. Data Center Power Market Key opportunities The data center power market offers several promising opportunities, largely driven by the increasing digitization across industries, cloud computing adoption, and the rapid expansion of hyperscale and edge data centers. Key opportunities include: Sustainable Power Solutions: There is growing demand for greener, more sustainable energy sources in data centers. Opportunities exist for renewable energy integration (such as solar and wind) and the adoption of energy-efficient equipment, such as high-efficiency UPS systems and advanced cooling technologies, to meet sustainability goals. Edge Data Centers: As more businesses and consumers rely on real-time data processing, the need for edge data centers is on the rise. Edge data centers require robust power solutions that are reliable, compact, and scalable, providing opportunities for innovation in localized power distribution and backup systems. Battery Energy Storage Systems (BESS): As data centers seek alternatives to diesel generators for backup power, battery energy storage systems are emerging as a cleaner option. Lithium-ion and other advanced batteries, combined with intelligent energy management systems, are creating new opportunities to improve resilience and reduce emissions. Smart Power Management and Automation: Data centers increasingly need intelligent power management to optimize energy use, reduce operational costs, and enhance resilience. Solutions such as predictive analytics, AI-driven power monitoring, and automated energy distribution offer significant opportunities for market growth.

4. Data Center Power Market Competitive Landscape • The study then includes the competitive insights of market across various regions wherein our research analysts explores in-depth profiles of main players along with new product launches, recent technologies influencing the target market. The competitive study section also contains production, major development strategies, revenue, and growth rate for the leading players. This assessment will aid market players to stay ahead of competitive landscape and boost productivity. Major players operating in the market are: • Black Box • Eaton • Equinix Inc. • GDS Holdings • Generac Power Systems, Inc. • General Electric Company • Huawei Technologies Co., Ltd. • Legrand • Rittal GmbH & Co. KG • Schneider Electric • Vertiv Group Corp. • Browse Complete Report

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