The Generator Market In Data Centers is being driven by Increasing investments in data centers
The Generator Market In Data Centers is expected to grow at a CAGR of 8.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 4634.7 million. In the data center environment, optimizing power delivery to critical components while achieving cost savings and time efficiency is a top priority for IT professionals. Upgrading to advanced power monitoring and management software is a strategic solution to effectively meet these objectives. This software offers real-time monitoring and predictive analytics capabilities, replacing traditional manual methods. Next-generation power monitoring solutions provide data-driven maintenance, troubleshooting, and repairs, incorporating comprehensive analytics, advanced workflows, and domain expertise. By predicting component failures before they occur, these solutions mitigate the risk of power outages due to equipment failure, ensuring uninterrupted operations.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
219 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.6% |
Market growth 2025-2029 |
USD 4634.7 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
8.7 |
Key countries |
US, Canada, China, UK, Japan, India, Germany, France, The Netherlands, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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In the realm of data centers, generator sizing software and maintenance contracts from service providers ensure uninterrupted power supply. Green and sustainable data centers adopt hybrid power systems and microgrid control systems, monitored by generator performance metrics for data center resilience and uptime. Certification, analytics, compliance, and innovation are crucial for data center sustainability, with generator metrics contributing to data center availability and efficiency.
The global heavy electrical equipment market plays a pivotal role in catering to the energy sector and various industrial segments, including power, mining, and oil and gas. This market encompasses manufacturers of electrical components and equipment, such as electric cables, wires, and heavy electrical equipment. Factors driving the market's growth include the increasing occurrence of power outages due to natural disasters in regions like MEA, Europe, and APAC, where extreme weather conditions are prevalent and on the rise. These extreme weather events can result in power disruptions, making backup power solutions, such as diesel and natural gas generators, essential for maintaining critical power infrastructure in data centers. The market's growth is further fueled by the rising demand for standby and emergency power systems to ensure uninterrupted power supply and mitigate potential business losses.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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