The Europe data Center Power market size is projected to expand at a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing demand for data storage owing to rise in big data, social media, internet of things, and adoption of cloud computing. These facilities need high efficient data center power solutions and services.
Data center is a group of buildings used to keep computer systems and related components including storage systems and telecommunications. To decrease operational and energy costs and power consumption IT professional and data center managers are applying intelligent power devices. Advanced power generation and management solutions make sure maximum energy efficiency.
The rapid growth in data generation and consumption due to Covid-19 pandemic has positively affected the Europe data center power market. In Italy, there was 60% rise in installation on Netflix mobile application and 101% rise in installation of prime videos application. The amount of data generated and consumed by organizations and individuals has fueled the increase in demand for data storage.
The report on the Europe data center power market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Data Center Power Market - Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Types (Solutions [Power Distribution Unit, Busway, Cabling Infrastructure, Uninterruptible Power Supply, and Other Solutions], Services [Professional Service, System Integration, and Consulting]), End-user Applications (Telecom, Manufacturing, Government, Information Technology, BFSI, and Other End-user Applications) |
Country: Europe |
Germany, United Kingdom, Italy, and Rest of Europe |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
ABB Ltd., Cisco Technology, Inc, Fujitsu Ltd., Eaton Corporation Plc., and Schneider Electric SE |
The cabling infrastructure segment is projected to constitute a major market share
Based on types, the Europe data center power market is divided into solution and service. The solutions are further classified as power distribution unit, busway, cabling infrastructure, uninterruptible power supply, and other solutions. The services are categorized as professional service, system integration, and consulting.
The cabling infrastructure segment is expected to account for a key share of the market during the forecast period owing to rising demand for reliable and effective equipment in the data center power market. Cabling infrastructure solutions are highly used as they offer simple and modular design and easily installed. In Europe manufacturers are offering advanced cable management solutions for improving scalability, intelligence, and adaptability in data centers.
The information technology and telecom segment is projected to represent a large market share
In terms of end-user applications, the Europe data center power market is segmented into telecom, manufacturing, government, information technology, BFSI, and other end-user applications. The information technology and telecom segment is expected to hold a key share of the market in the coming years due to launch of 5G network services in several countries such as France, Italy, Denmark, and Germany is creating large amount of data which needs to be stored and processed.
Key players competing in the Europe data center power market include ABB Ltd., Cisco Technology, Inc, Fujitsu Ltd., Eaton Corporation Plc., and Schneider Electric SE. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares and expand their business. For instance,
In February 2020, Eaton Corporation has completed the acquisition of Power Distribution, Inc., one of the leading suppliers of mission-critical power distribution, power monitoring equipment, and static switching and services for industrial, commercial, and data centers to expand its product portfolio and to serve its data center clients.
In June 2020, Schneider Electric SE introduced an uninterruptible power supply portfolio for small data centers and edge deployments.
Key players competing in the Europe data center power market include ABB Ltd., Cisco Technology, Inc, Fujitsu Ltd., Eaton Corporation Plc., and Schneider Electric SE. Some of these players are engaged in several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares and expand their business. For instance,
In February 2020, Eaton Corporation has completed the acquisition of Power Distribution, Inc., one of the leading suppliers of mission-critical power distribution, power monitoring equipment, and static switching and services for industrial, commercial, and data centers to expand its product portfolio and to serve its data center clients.
In June 2020, Schneider Electric SE introduced an uninterruptible power supply portfolio for small data centers and edge deployments.
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