The Taiwan Data Center Power Market size is estimated at USD 391.10 million in 2024, and is expected to reach USD 501.20 million by 2029, growing at a CAGR of 5.20% during the forecast period (2024-2029).
The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.
The upcoming DC construction projects in Taiwan are anticipated to increase the demand for the data center power market in the coming years. The Taiwanese data center power market is moderately consolidated with some players in the market, including ABB Ltd, Cummins Inc., Eaton Corporation, Legrand Group, and Vertiv Group Corp. These major players, with a prominent market share, focus on expanding their regional customer base.
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