Data Center Power Market Update, Analysis and Forecast Report, 2016 – 2024

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Data Center Power Market trends research and
projections for 2017-2024 Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Data Center Power Market

• In the U.S., increasing number of new data center
  power construction as well as innovations such as
  powering the facilities through renewable energy
  resources is anticipated to fuel the data center
  power market in the country. In Europe,
  increasing demand for computational power from
  several enterprises will fuel the industry
  growth. Further, the rise in demand for
  information storage space is spurring the high
  demand in the region.

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• Application Analysis of Data Center Power Market
  
• On the basis of application, data center power
  market is segmented by BFSI, healthcare, and IT
  telecom. In BFSI, data center power helps in
  powering branch automation, connecting the
  customer service desk, and IT equipment in the
  branch office with the customers data in the
  back office. The data center constitutes the
  critical load in the everyday operations of the
  business, and act as the backbone of financial
  data computation, records storage and transaction
  system.
• Energy storage in the data center power market
  are used to backup generators during power
  shortages. There has been an increasing interest
  in adopting energy storage devices by firms to
  reduce high electricity bills. Generators provide
  power in case of interruption of main power. The
  components do not easily bear power spikes owing
  to swapping from normal to an emergency power
  supply. These generators can be classified into
  liquid propane or natural gas generator, diesel
  and bi-fuel generators.

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Competitive Market Share of Data Center Power
Market

• Key players operating in the data center power
  market are Schneider electric, Emerson Electric,
  General electric, Eaton, ABB. Emerson Electric
  provides critical infrastructure technologies and
  life cycle services for information and
  communications technology system. The major
  players are focusing on forming strategical
  alliances with other service providers to enhance
  and revolutionize the data center power market.
  Schneider electric had partnered with HP in 2014
  to provide simultaneous visibility into asset
  data for both IT and facilities managers,
  enabling a key next step in automated service
  deliveries and data center service optimization.

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