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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