Visiongain has published a new report on Data Centre Transformer Market Report to 2031: Forecasts By Insulation (Liquid, Dry). PLUS, Profiles of Data Center Transformer Companies and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios.

Global data center transformer market was valued at US$ XX billion in 2019 and is projected to reach a market value of US$ XX billion by 2031.

Rising adoption of data centers across various industry verticals, increasing adoption of cloud-based solution & services, and high focus on improving energy efficiency are the factors driving the growth of the data center transformer market. The market seeks growth opportunities from an increased focus on business continuity and disaster recovery and the advent of smart transformers. However, high initial cost and transformer malfunctioning are some of the factors hampering the market growth during the forecast period.

COVID-19 Impact on Data Center Transformer Market
COVID-19 is expected to have a significant impact on the market. The nationwide lockdown imposed across the country has led to shutting down of on-premise business processes and manufacturing facilities. The cloud computing technology has witnessed a considerable demand during the pandemic owing to the work from home initiatives adopted by the enterprises, thereby creating a demand for data center and transfers for enhanced computing capabilities. Moreover, the need among enterprises to ensure business continuity and availability during such pandemic further propels the demand for data centers. However, the disruption across the supply chain and shutdown of manufacturing facilities created a demand-supply gap for the data center transformers. Thus, the outbreak of COVID-19 is having a moderate impact on the data center networking market.

Market Drivers

High Focus on Improving Energy Efficiency
The data centers witness an increasing loss during energy transmission and distribution, thereby creating a need for energy-efficient transformers. Energy-efficient data center transformers enable significant energy savings by increasing the voltage and decreasing the current offering considerable ROI. Adoption of liquid-filled transformers offers high efficiency as compared to the dry-type of transformers. Thus, the increased focus among data centres to improve energy efficiency is expected to drive the growth of data center transformer market.

Increasing Adoption of Cloud-Based Solution & Services
The businesses of all sizes across the sectors are showing interest in cloud solutions & services. The spending on cloud infrastructure & applications is increasing due to the growing awareness related to the benefits of the cloud. Moreover, these cloud-based apps also offer flexibility to the user. Thus, increasing adoption of cloud is expected to create the demand for data center components such as electrical, networking, and security among others. The data center transformers help in ensuring the availability of the cloud platform and emphasize significant power savings. Thus, the increasing adoption of cloud-based solution & services is expected to drive the growth of the data center transformer market.

Market Opportunities

High Focus on Business Continuity and Disaster Recovery
Enterprises cannot afford the cost of application downtime or loss of data due to natural disaster or any other issues. Moreover, the regulatory mandates also compel firms to recover the business operations regularly, thereby creating demand for data centers. The data centers help in disaster recovery by protecting the data through offsite data replication and backup. It also helped in maintaining continuity & resilience by restoration the business after a failure and continued operation during the collapse. However, the availability of data centers depends upon the networking and the electric hardware & software. Thus, the high focus on business continuity and disaster recovery is expected to drive the market growth.

The advent of Smart Transformers
Smart transformers or solid-state transformer is a combination of high-powered semiconductor components, control circuitry, and conventional high-frequency transformers. The smart transformers provide flexibility to control the power distribution networks, facilitating the smooth conversion of AC to DC and vice versa as per requirement. Moreover, smart transformers can achieve high power density and are capable of operating at high frequency, thereby reducing the overall size and the cost. Thus the advent of smart transformers is expected to create growth opportunities for the data center transformer market.

Competitive Landscape
The data center transformer market is highly competitive. The key market players are focused on enhancing its research & development capabilities to offer an enhanced portfolio. Moreover, the key players also emphasize strategic mergers and acquisitions to strengthen its offerings and position in the market. Some of the companies profiled in the report include ABB Ltd., Eaton, General Electric, LeGrand, HYOSUNG HEAVY INDUSTRIES, Schneider Electric, Siemens, Tripp Lite, Vatransformer, and Vertiv Co.

March 2020, Eaton acquired Power Distribution, Inc. The acquisition aimed at enhancing the mission-critical power distribution, static switching, and power monitoring equipment and services for its data centres and industrial and commercial customers.

Notes for Editors
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