About Data Center Power Management
Datacenter power management entails identifying, implementing, and monitoring processes to improve data center power efficiency at both the hardware and software levels. This can include retiring older equipment in favor of newer, more power-efficient equipment, as well as installing power management software to measure, monitor, and control power consumption throughout the data center.The Data Center Power Management sector has witnessed substantial growth, primarily fueled by the rising need for power efficiency, sustainability considerations, and the rapid evolution of data-centric technologies. Key trends in this industry encompass the adoption of cutting-edge solutions such as intelligent power distribution units (PDUs), energy-optimized hardware, and advanced cooling systems aimed at streamlining power usage and trimming operational expenses. The industry is witnessing a heightened emphasis on renewable energy sources and the integration of AI-powered analytics for predictive maintenance, both exerting significant influence on market dynamics. This dynamic landscape offers abundant prospects for firms investing in software-centric power management tools, eco-friendly data center initiatives, and the creation of interconnected smart grids tailored to data center functionalities. With the global proliferation and expansion of data centers, the demand for efficient power management solutions sets the stage for promising growth opportunities and continued innovation in the years ahead.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Data Center Power Management market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Schneider Electric (France), Vertiv (United States), ABB (Switzerland), Eaton (Ireland), Delta Electronics (Taiwan), Huawei (China), Legrand (France), Tripp Lite (United States), Toshiba (Japan), Siemens (Germany) and Mitsubishi Electric (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Kehua Tech (China), Socomec (France), Rittal (Germany), Cyber Power Systems (Germany) and PDU Experts (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Data Center Power Management market by Type (Solution and Service), Application (BFSI, Colocation, Energy, Government, Healthcare, Manufacturing and IT and Telecommunication) and Region.
On the basis of geography, the market of Data Center Power Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Solution will boost the Data Center Power Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size, the sub-segment i.e. Small Data Center will boost the Data Center Power Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Cloud Providers will boost the Data Center Power Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals1, the sub-segment i.e. BFSI will boost the Data Center Power Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing efficiency by renovating data centers., Shift towards renewable energy sources for data centers. and Edge computing and decentralized infrastructure.
Market Growth Drivers:
Rising need of enterprises to reduce operational expenses. and Rising demand for High-Performance Computing has increased power usage.
Challenges:
Ensuring consistent and reliable power supply. and Addressing cooling demands alongside power management.
Restraints:
High initial investment costs. and Limited availability of renewable energy in some regions.
Opportunities:
The growing use of the internet and exponential growth in the amount of data to be stored and processed ., , Development of more efficient hardware and architectures. and Partnerships with renewable energy providers.
Market Leaders and their expansionary development strategies
August 2022: Leading Edge Data Centers (LEDC), a company that offers Regional Australian businesses and communities’ greater access to the distributed cloud through reliable, cost-effective connectivity, has announced that Schneider Electric will use its prefabricated, certified edge data center technology to promote faster and more dependable connectivity for regional Australians. Schneider Electric is a significant provider of digital transformation of energy management and automation.
In August 2022,ABB Signed And MoU With ATS Global a company based in the Netherlands to reach of the ABB ability Data Center automations business ATS Global System Integrator with ABB By Combining their expertise and resources to expand their respective business and test advantages and effectiveness.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Data Center Power Management Providers, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.