Data Center Generators Market to surpass US$ 6,729.53 million by 2028

 According to The Insight Partners latest market study on "Data Center Generator Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type, Capacity, and Tier," the market is expected to grow from US$ 4,693.00 million in 2021 to US$ 6,729.53 million by 2028; it is estimated to grow at a CAGR of 5.3% during 2021–2028.

Generators serve as a backup power supply reservoir for data centers during a power outage. A total power outage in a data center may need a system restart, resulting in system downtime, startup challenges, and data loss. Hence, data centers are always backed by a backup power supply provided by generators to avoid such abnormalities and failures. The fundamental factors fueling the interest in renewables are environmental sustainability and energy savings. The cost of power in a data center is high, accounting for over half of the total operating expenses. When rising and unpredictable energy costs and levies linked with pending carbon emission regulations are considered, it is easy to see why operators are becoming more interested in renewables' role in lowering and stabilizing energy costs. Google's hyper-scale data centers have been pioneers in renewable energy programs, researching their inherent financial, environmental, and social value. Google chooses locations for its data centers based on various considerations, including the availability of reliable service and the opportunity for renewable energy.

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Generators serve as a backup power supply reservoir for data centers during a power outage. A total power outage in a data center may need a system restart, resulting in system downtime, startup challenges, and data loss. Hence, data centers are always backed by a backup power supply provided by generators to avoid such abnormalities and failures. Such benefits are driving the data center generator market growth .

These generators do not require an existing power supply to operate, which is a significant driving element for the market. In addition, prominent manufacturers manufacture generators with customized capacity in response to changing customer demands. Such systems can scale up and down by the power requirements of the data center. This adaptability is likely to increase the demand for data center generators, thereby boosting the market growth. Several cloud service providers have increased their output because of the rise in demand for edge data centers worldwide. Google, for example, spent US$ 3.3 billion in 2019 to expand its data center presence in Europe. Furthermore, the market is likely to benefit from the increased development of hyper-scale facilities and the rise in implementing diesel rotary uninterruptible power supply (DRUPS).

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Note – The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Data Center Generators Market’ provides the analysis on impact on Covid-19 on business segments and country markets. The reports also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.

Based on product type, the data center generator market is segmented into diesel, natural gas, and others. In 2021, the diesel segment led the data center generator market. Based on capacity, the data center generator market is segmented into below 1 MW, 1–2 MW, and greater than 2 MW. In 2021, the 1 MW segment accounted for the largest market share. Based on tier, the data center generator market is segmented into tier 1, tier 2, tier 3 and tier 4. In 2021, the tier 3 segment accounted for the largest market share. By geography, the data center generator market size is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, North America accounted for the largest share of the data center generator market.

ABB; Atlas Copco AB; Caterpillar; Cummins Inc.; DEUTZ AG; Generac Power Systems, Inc.; HITEC Power Protection; Kirloskar; Kohler Co.; and MITSUBISHI MOTORS CORPORATION are among the key players operating in the data center generator market. In addition to these, several other players were analyzed to understand the overall data center generator market.

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