07 November 2019
Data Center Power Market Report 2020-2030 : Forecasts by Product (PDU, UPS, Busway, Others), Application (IT & Telecommunications, BFSI, Government, Energy, Healthcare, Retail, Others), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) and analysis of leading companies operating in this industry.
Increasing need to warehouse cloud information has led to an increase in the amount of data centers worldwide. An enormous quantity of energy is consumed by these data centers. It is anticipated that the increase in the implementation of sophisticated power consumption technologies combined with the advent of hybrid data centers will fuel market growth.
Companies are deploying advanced power management alternatives such as intelligent shelf Power Distribution Unit (PDU), smart Uninterruptible Power Supply (UPS) and device surveillance machinery to decrease the Power Usage Efficiency (PUE) percentage and boost effectiveness. This aspect is expected to bode well over the forecast period for market growth.
The industry has seen unprecedented development in information center-driven techniques and facilities. Technologies such as cloud computing involve strong computational energy; however, it provides advantages such as increased scalability, effectiveness and ease of company activities, resulting in the incorporation of efficient data centers by a variety of medium-sized businesses, such as web hosting cloud and colocation data centers. Increasing data center utilization has also led in growing acceptance of micro and cloud data centers. For maximum data-intensive activities, these data centers involve energy in big amounts, which eventually fuels requirement for UPS and PDUs.
Traditional data centers are being continually substituted by new systems with sophisticated techniques and capacities for power management. During the forecast period, the industry's change to colocation and hyper-scale data centers is anticipated to boost market growth. However, the elevated original expenditure needed for these alternatives and insufficient accessibility of compliant appliances may in the close potential hamper development.
Increasing energy costs and energy conservation consciousness have resulted in developers opting for smart power management alternatives. Some of the latest techniques used to optimize energy consumption in data centers and decrease the PUE percentage are intelligent power strips, PUE tracking systems and battery monitoring systems.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to email@example.com or call her on +44 (0) 207 336 6100.
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
Governments from various regions are introducing initiatives to control the growth of pollution. Developed and developing countries’ governments are estimated to implement objectives, regulations, and favorable policies for electric vehicle deployment and its demand.
09 April 2021
Growing implementation of test benches in various industrial applications, such as semiconductor and electronics, industrial manufacturing, and automotive are primarily influencing the market’s growth in the coming years.
09 April 2021
The growth in demand for smart factory and Industry 4.0, the growing focus of manufacturers on reducing operational and maintenance costs, surging demand for FDM systems, and rising investments for FDM solutions by automation companies are the critical growth factors for the market in the coming years.
09 April 2021
The growing implementation of battery-powered outdoor power equipment for maintaining gardening and lawns actions, growing landscaping services demand, and rising gardening activities across residential areas are the key factors driving the market’s growth.