The Asia-Pacific Data Center Power Market size is estimated at USD 7.80 billion in 2024, and is expected to reach USD 12.40 billion by 2029, growing at a CAGR of 9.70% during the forecast period (2024-2029).
Asia-Pacific is experiencing a surge in demand for edge data centers, fueled by the rising deployments of 5G technology. Increasing data traffic and data center constructions and servers are laying the demand for power solutions. Operators are exploring the adoption of new-age generator sets that run on hydrotreated vegetable oil (HVO), natural gas, and other eco-friendly alternatives. These factors are expected to augment the market studied.
The Asia-Pacific data center power market is slightly consolidated among the players and has gained a competitive edge in recent years. A few major players in the market include ABB Ltd, Caterpillar Inc., and Cummins Inc. These major players with a prominent market share focus on expanding their customer base across the region. These companies leverage strategic collaborative initiatives to increase their market share and profitability.
In March 2023, Vertiv Group Corp. announced that its Vertiv Geist Upgradeable Rack PDUs come with a combination outlet C13/19, simplifying purchasing, inventory management, and deployment. The universal C13/C19 outlet on Vertiv Geist Upgradeable Rack PDUs can easily accommodate new rack configurations, eliminating the need to modify or replace rPDUs as rack densities increase.
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