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Covid-19 Update: Global Generator in Data Center Market is Expected to Grow at a CAGR of 6% Over the Forecast Period (2020 - 2028), Owing to the Increasing Demand for Efficient Power Backup Solutions in Data Centers to Reduce Server Downtime, says Absolute Markets Insights

Published On 10 Nov 2020 04:17 PM


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Generators work on the principle of energy conversion, where mechanical energy is converted to electric energy through the rotation of the alternator. Generators help in providing backup power when the main supply is disrupted. Server downtime result in huge losses for the companies. For large enterprises, server downtime costs can be as high as US$ 5 Mn per hour, and around 33% of the MNCs have reported server time downtime financial losses. Therefore, data center operators are increasingly focusing on expanding their generator power backup options for having a steady flow of electricity in case of power outage. This is contributing towards the growth of the global generator in data center market.

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The COVID-19 pandemic has increased the demand for data centers and cloud computing to facilitate remote working. The growth of data center operations as a result of the Coronavirus is expected to have a positive impact on the global generator in data center market. Studies show that around 42% of the total labour force in the U.S. are working from home, predominantly due to the lockdown measures imposed by government bodies. Adequate generators and backup power options are gaining utmost importance in data centers, both independent and collocation, to ensure full-time availability of servers to aid the employees involved in remote working.

In terms of revenue, the global generator in data center market was valued at US$ 4026.77 Mn in 2019, and is expected to grow at a CAGR of 6% during the forecast years (2020 - 2028).

The detailed research study provides qualitative and quantitative analysis of generator in data centermarket. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

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Key Findings of the Report:

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Global Generator in Data Center Market:

  • By Component
  • Products
    • Generator Sets
    • Accessories
      • Switchgear
      • Batteries
      • Control Unit
      • Others
  • Services
    • Design and Development
    • Training, Assessment and Consulting
    • Implementation and Maintenance
    • Others
  • By Type
    • Diesel Generators
    • Gas Generators
      • Natural Gas
      • Propane
      • Dual Fuel
    • Others
  • By Voltage Range
    • Below 250 kW
    • 251 kW to 499 kW
    • 500 kW to 1000 kW
    • 1001 kW to 2000 kW
    • Above 2001 kW
  • By Data Center Standard
    • Tier 1
    • Tier 2
    • Tier 3
    • Tier 4
  • By Mobility Type
    • Standby/Stationary Generators
    • Portable Generators
  • By End Users
    • Enterprise Data Centers
      • Healthcare & Pharmaceuticals
      • BFSI
      • Retail & E-Commerce
      • IT & Telecommunication
      • Others
    • Managed Services &Colocation Data Centers
  • By Distribution Channel
    • Direct
    • Indirect
  • By Region
  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

 

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Press Release Provided By: Absolute Markets India