Data Center Power Market
Growth Factors of Data Center Power Market
The data center power market size was valued at USD 13.96 billion in 2023, and the market is now projected to grow from USD 14.92 billion in 2024 to USD 26.45 billion by 2032, exhibiting a CAGR of 7.4% during the forecast period of 2024-2032.
Several factors weighed on the market including impacts caused by the COVID-19 pandemic in terms of demand and investments in data center power market growth. It also focused on the necessity of containing costs and owning a sustainable strategy through which the market actors migrated towards sustainability solutions. Companies and other market agents started implementing the concept of circular economy to reduce emissions.
Out of all the factors influencing the market, the growing problem of supplying power and cooling to facilities with no downtime because of the increased use of resources within data centers to perform various operations has a large impact on the market. In addition, today’s varied sources including social media and streaming services generate greater amounts of data in which larger and more efficient data centers are required. Various industries are now investing in new-age technologies like AI, and 5G, and industries opting for digital transformation practices, there is a growing demand for Data Center power and infrastructure to support emerging IT, Storage & Computational needs.
Global facts middle electricity market traits include improved consciousness of renewable strength alternatives, corporations who prefer hybrid cloud ecosystems, and rising call for sustainable data facilities. The developing edge computing region has additionally been tested to have a positive effect on the global statistics middle industry. The call for modern electricity solutions that enhance the consumer revel in is fueling data center power market share.
Comprehensive Analysis of Data Center Power Market
The data center energy marketplace is segmented with the aid of issue, facts middle size, and industry, reflecting its comprehensive scope and vital position in maintaining facts middle operations. By aspect, the market consists of answers inclusive of electricity distribution gadgets, uninterruptible strength supplies (UPS), generators, networking infrastructure, and others like switches, in addition to services that assist the powerful management of records center electricity desires. The marketplace is similarly categorized by information middle size, encompassing small and medium-sized information facilities, which require efficient and scalable energy answers, and large facts centers that call for strong and excessive-ability energy structures. By industry, the statistics center power marketplace serves a whole lot of sectors, including IT and telecom, BFSI, retail, government, healthcare, and others like training and power and utilities, every with specific energy necessities to make certain uninterrupted data processing and storage competencies.
North America had the largest market share in the USD 4.76 billion market by 2023, owing to the United States and Canada, which act as major data center hubs.
The top players in the market play a crucial role in the hardware and software IT services sector assuring industrial prospectus growth and setting market standards.Those groups enlist Schneider Electric (France),Eaton Corporation (Ireland),ABB (Switzerland)], Vertiv Group Corp. (U.S.), Siemens (Germany), Legrand (France),Generac Power Systems, Inc. (U.S.),Delta Power Solutions (China), Rittal GmbH & Co. KG (Germany), and Cummins Inc. (U.S.)
In April 2024, Atman, a Polish-based records center operator, secured more than USD 345 million to help its future boom in Poland.
Segmentation Table
Global Data Center Power Market Scope
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 7.4% from 2024 to 2032
Unit Value (USD Billion)
Segmentation • By Component, Data Center Size, Industry, and Region
By Component • Solutions
- Power Distribution Units
- UPS
- Generators
- Networking Infrastructure
- Others (Switches and others)
- Services
• Small and Medium-sized Data Centers
- Large Data Centers
- BFSI
- Retail
- Government
- Healthcare
- Others (Education, Energy and Utilities, and others)
- U.S.
- Canada
- Mexico
- South America (By Component, Data Center Size, Industry, and Country)
- Argentina
- Rest of South America
- Europe (By Component, Data Center Size, Industry, and Country)
- Germany
- France
- Italy
- Spain
- Russia
- Benelux
- Nordics
- Rest of Europe
- Middle East & Africa (By Component, Data Center Size, Industry, and Country)
- Israel
- GCC
- North Africa
- South Africa
- Rest of the Middle East & Africa
- Asia Pacific (By Component, Data Center Size, Industry, and Country)
- Japan
- India
- South Korea
- ASEAN
- Oceania
- Rest of Asia Pacific
Several factors weighed on the market including impacts caused by the COVID-19 pandemic in terms of demand and investments in data center power market growth. It also focused on the necessity of containing costs and owning a sustainable strategy through which the market actors migrated towards sustainability solutions. Companies and other market agents started implementing the concept of circular economy to reduce emissions.
Out of all the factors influencing the market, the growing problem of supplying power and cooling to facilities with no downtime because of the increased use of resources within data centers to perform various operations has a large impact on the market. In addition, today’s varied sources including social media and streaming services generate greater amounts of data in which larger and more efficient data centers are required. Various industries are now investing in new-age technologies like AI, and 5G, and industries opting for digital transformation practices, there is a growing demand for Data Center power and infrastructure to support emerging IT, Storage & Computational needs.
Global facts middle electricity market traits include improved consciousness of renewable strength alternatives, corporations who prefer hybrid cloud ecosystems, and rising call for sustainable data facilities. The developing edge computing region has additionally been tested to have a positive effect on the global statistics middle industry. The call for modern electricity solutions that enhance the consumer revel in is fueling data center power market share.
Comprehensive Analysis of Data Center Power Market
The data center energy marketplace is segmented with the aid of issue, facts middle size, and industry, reflecting its comprehensive scope and vital position in maintaining facts middle operations. By aspect, the market consists of answers inclusive of electricity distribution gadgets, uninterruptible strength supplies (UPS), generators, networking infrastructure, and others like switches, in addition to services that assist the powerful management of records center electricity desires. The marketplace is similarly categorized by information middle size, encompassing small and medium-sized information facilities, which require efficient and scalable energy answers, and large facts centers that call for strong and excessive-ability energy structures. By industry, the statistics center power marketplace serves a whole lot of sectors, including IT and telecom, BFSI, retail, government, healthcare, and others like training and power and utilities, every with specific energy necessities to make certain uninterrupted data processing and storage competencies.
North America had the largest market share in the USD 4.76 billion market by 2023, owing to the United States and Canada, which act as major data center hubs.
The top players in the market play a crucial role in the hardware and software IT services sector assuring industrial prospectus growth and setting market standards.Those groups enlist Schneider Electric (France),Eaton Corporation (Ireland),ABB (Switzerland)], Vertiv Group Corp. (U.S.), Siemens (Germany), Legrand (France),Generac Power Systems, Inc. (U.S.),Delta Power Solutions (China), Rittal GmbH & Co. KG (Germany), and Cummins Inc. (U.S.)
In April 2024, Atman, a Polish-based records center operator, secured more than USD 345 million to help its future boom in Poland.
Segmentation Table
Global Data Center Power Market Scope
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 7.4% from 2024 to 2032
Unit Value (USD Billion)
Segmentation • By Component, Data Center Size, Industry, and Region
By Component • Solutions
- Power Distribution Units
- UPS
- Generators
- Networking Infrastructure
- Others (Switches and others)
- Services
• Small and Medium-sized Data Centers
- Large Data Centers
- BFSI
- Retail
- Government
- Healthcare
- Others (Education, Energy and Utilities, and others)
- U.S.
- Canada
- Mexico
- South America (By Component, Data Center Size, Industry, and Country)
- Argentina
- Rest of South America
- Europe (By Component, Data Center Size, Industry, and Country)
- Germany
- France
- Italy
- Spain
- Russia
- Benelux
- Nordics
- Rest of Europe
- Middle East & Africa (By Component, Data Center Size, Industry, and Country)
- Israel
- GCC
- North Africa
- South Africa
- Rest of the Middle East & Africa
- Asia Pacific (By Component, Data Center Size, Industry, and Country)
- Japan
- India
- South Korea
- ASEAN
- Oceania
- Rest of Asia Pacific
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- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of Generative AI
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Data Center Power Key Players Market Share/Ranking, 2023
- 5. Global Data Center Power Market Size Estimates and Forecasts, By Segments, 2019-2032
- 5.1. Key Findings
- 5.2. By Component (USD)
- 5.2.1. Solutions
- 5.2.1.1. Power Distribution Units
- 5.2.1.2. UPS
- 5.2.1.3. Generators
- 5.2.1.4. Networking Infrastructure
- 5.2.1.5. Others (Switches and others)
- 5.2.2. Services
- 5.3. By Data Center Size (USD)
- 5.3.1. Small and Medium-sized Data Centers
- 5.3.2. Large Data Centers
- 5.4. By Industry (USD)
- 5.4.1. IT and Telecom
- 5.4.2. BFSI
- 5.4.3. Retail
- 5.4.4. Government
- 5.4.5. Healthcare
- 5.4.6. Others (Education, Energy and Utilities, and others)
- 5.5. By Region (USD)
- 5.5.1. North America
- 5.5.2. South America
- 5.5.3. Europe
- 5.5.4. Middle East & Africa
- 5.5.5. Asia Pacific
- 6. North America Data Center Power Market Size Estimates and Forecasts, By Segments, 2019-2032
- 6.1. Key Findings
- 6.2. By Component (USD)
- 6.2.1. Solutions
- 6.2.1.1. Power Distribution Units
- 6.2.1.2. UPS
- 6.2.1.3. Generators
- 6.2.1.4. Networking Infrastructure
- 6.2.1.5. Others (Switches and others)
- 6.2.2. Services
- 6.3. By Data Center Size (USD)
- 6.3.1. Small and Medium-sized Data Centers
- 6.3.2. Large Data Centers
- 6.4. By Industry (USD)
- 6.4.1. IT and Telecom
- 6.4.2. BFSI
- 6.4.3. Retail
- 6.4.4. Government
- 6.4.5. Healthcare
- 6.4.6. Others (Education, Energy and Utilities, and others)
- 6.5. By Country (USD)
- 6.5.1. U.S.
- 6.5.2. Canada
- 6.5.3. Mexico
- 7. South America Data Center Power Market Size Estimates and Forecasts, By Segments, 2019-2032
- 7.1. Key Findings
- 7.2. By Component (USD)
- 7.2.1. Solutions
- 7.2.1.1. Power Distribution Units
- 7.2.1.2. UPS
- 7.2.1.3. Generators
- 7.2.1.4. Networking Infrastructure
- 7.2.1.5. Others (Switches and others)
- 7.2.2. Services
- 7.3. By Data Center Size (USD)
- 7.3.1. Small and Medium-sized Data Centers
- 7.3.2. Large Data Centers
- 7.4. By Industry (USD)
- 7.4.1. IT and Telecom
- 7.4.2. BFSI
- 7.4.3. Retail
- 7.4.4. Government
- 7.4.5. Healthcare
- 7.4.6. Others (Education, Energy and Utilities, and others)
- 7.5. By Country (USD)
- 7.5.1. Brazil
- 7.5.2. Argentina
- 7.5.3. Rest of South America
- 8. Europe Data Center Power Market Size Estimates and Forecasts, By Segments, 2019-2032
- 8.1. Key Findings
- 8.2. By Component (USD)
- 8.2.1. Solutions
- 8.2.1.1. Power Distribution Units
- 8.2.1.2. UPS
- 8.2.1.3. Generators
- 8.2.1.4. Networking Infrastructure
- 8.2.1.5. Others (Switches and others)
- 8.2.2. Services
- 8.3. By Data Center Size (USD)
- 8.3.1. Small and Medium-sized Data Centers
- 8.3.2. Large Data Centers
- 8.4. By Industry (USD)
- 8.4.1. IT and Telecom
- 8.4.2. BFSI
- 8.4.3. Retail
- 8.4.4. Government
- 8.4.5. Healthcare
- 8.4.6. Others (Education, Energy and Utilities, and others)
- 8.5. By Country (USD)
- 8.5.1. U.K.
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Benelux
- 8.5.8. Nordics
- 8.5.9. Rest of Europe
- 9. Middle East & Africa Data Center Power Market Size Estimates and Forecasts, By Segments, 2019-2032
- 9.1. Key Findings
- 9.2. By Component (USD)
- 9.2.1. Solutions
- 9.2.1.1. Power Distribution Units
- 9.2.1.2. UPS
- 9.2.1.3. Generators
- 9.2.1.4. Networking Infrastructure
- 9.2.1.5. Others (Switches and others)
- 9.2.2. Services
- 9.3. By Data Center Size (USD)
- 9.3.1. Small and Medium-sized Data Centers
- 9.3.2. Large Data Centers
- 9.4. By Industry (USD)
- 9.4.1. IT and Telecom
- 9.4.2. BFSI
- 9.4.3. Retail
- 9.4.4. Government
- 9.4.5. Healthcare
- 9.4.6. Others (Education, Energy and Utilities, and others)
- 9.5. By Country (USD)
- 9.5.1. Turkey
- 9.5.2. Israel
- 9.5.3. GCC
- 9.5.4. North Africa
- 9.5.5. South Africa
- 9.5.6. Rest of MEA
- 10. Asia Pacific Data Center Power Market Size Estimates and Forecasts, By Segments, 2019-2032
- 10.1. Key Findings
- 10.2. By Component (USD)
- 10.2.1. Solutions
- 10.2.1.1. Power Distribution Units
- 10.2.1.2. UPS
- 10.2.1.3. Generators
- 10.2.1.4. Networking Infrastructure
- 10.2.1.5. Others (Switches and others)
- 10.2.2. Services
- 10.3. By Data Center Size (USD)
- 10.3.1. Small and Medium-sized Data Centers
- 10.3.2. Large Data Centers
- 10.4. By Industry (USD)
- 10.4.1. IT and Telecom
- 10.4.2. BFSI
- 10.4.3. Retail
- 10.4.4. Government
- 10.4.5. Healthcare
- 10.4.6. Others (Education, Energy and Utilities, and others)
- 10.5. By Country (USD)
- 10.5.1. China
- 10.5.2. Japan
- 10.5.3. India
- 10.5.4. South Korea
- 10.5.5. ASEAN
- 10.5.6. Oceania
- 10.5.7. Rest of Asia Pacific
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. Schneider Electric
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.2. Eaton Corporation
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.2.5. Recent Developments
- 11.3. ABB
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.2.5. Recent Developments
- 11.4. Vertiv Group Corp.
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.2.5. Recent Developments
- 11.5. Siemens
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.2.5. Recent Developments
- 11.6. Legrand
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.2.5. Recent Developments
- 11.7. Generac Power Systems, Inc.
- 11.7.1. Overview
- 11.7.1.1. Key Management
- 11.7.1.2. Headquarters
- 11.7.1.3. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.2.5. Recent Developments
- 11.8. Delta Power Solutions
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.2.5. Recent Developments
- 11.9. Rittal GmbH & Co. KG
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.2.5. Recent Developments
- 11.10. Cummins Inc.
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
- 12. Key Takeaways
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