Data Center Generator Market Size by Product Type, Capacity, Tier Standards, Region, Industry-Wide Analysis, Competitive Landscape Assessment & Long-Term Forecast to 2030
Overview
Data Center Generator Market value is projected to reach US$ 11.55 billion at the end of the forecast period and it is expected to grow at the CAGR of 5.3%.
The global Data Center Generator market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Data Center Generator report also provides trends by market segments, technology, and investment with a competitive landscape.
Data Center Generator Market Overview:
During a utility power outage, a data center generator serves as a backup power system, providing emergency power to data centers. The global data center generator market has been driven by increased data center power consumption and increased demand for effective power backup solutions.
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In addition, the market for data center generators has been accelerated by the growing usage of next-generation power monitoring and management technologies. The installation of this software aids operators in predicting a power loss and supplying data centers with electricity from alternative sources such as a generator.
Dynamics:
The fact that these generators do not require an existing power supply to operate is a major driving factor for the market. In addition, in response to changing customer demands, prominent manufacturers are manufacturing generators with customized capacity. Such systems can scale up and down following the power requirements of the data center. This adaptability is likely to increase demand, hence boosting the market growth.
The increasing relevance of overcoming power reliability for data center operation is also projected to boost the market growth. Furthermore, the introduction of edge computing is assisting in the creation of secondary data center facilities. Because secondary data centers have low power reliability, power backup equipment is extremely important. This is predicted to have a beneficial effect on data center generator adoption.
Renewable energy is being purchased by Tier I and Tier II colocation providers, with the majority of hyperscale facilities expected to run on renewable energy by 2022. According to the Solar Energy Industries Association, renewable power capacity accounted for 20.5 % of total producing capacity in the United States in 2022. Because of the growing need for edge data centers around the world, many colocation service providers have increased data center production.
Several criteria are expected to influence the decision among the generators available in the market:
1. RELIABILITY - The basic electricity grid's dependability.
2. BUDGET - The amount of money set for the installation.
3. SENSITIVITY - The level of sensitivity of the data kept in the data center, which determines whether a higher or lower level of protection is necessary for the event of a power outage.
Data Center Generator Market Segment Analysis:
Based on the capacity, the data center generator market is segmented into < 1 MW, 1 MW-2MW, and >2MW. In 2023, < 1MW capacity category led the market, and it is expected to continue to do so throughout the projected period. This growth can be attributed to the widespread use of edge data centers around the world. Furthermore, the widespread use of on-premise data centers in underdeveloped nations, which often require generators with a capacity of less than 500 kW are expected to help the industry to grow.
This segment's growth has been aided by the widespread presence of tier I and II data centers in growing regions such as the Asia Pacific and Latin America. The 1 MW - 2MW capacity segment is expected to increase steadily.
Data center generators from ABB provide consistent, high-quality electricity.
ABB provides data center generators that are both standardized and optimized. The standard offering (type NMG generators) has outputs ranging from 1375 to 2750 kVA (rated electrical power 1100–2200 kWe). ABB also follows the European Union's Data Center Code of Conduct. This code encourages data centers to reduce their energy consumption cost-effectively without jeopardizing their mission-critical functions.
Regional Insights:
In 2023, North America dominated the global data center generators market. Throughout the forecast period, it is likely to maintain its supremacy. North America has a dominating position in the global data center generators market due to its substantial data center footprint. The United States and Canada are the two primary countries in this area that drive the data center generator industry.
The growing adoption of public cloud and hybrid cloud services, as well as increased investments by global and regional facility operators are the key factors driving the market in the APAC region.
The top investors in the APAC market are Google, Baidu, Alibaba, AWS, Microsoft, and Apple. During the projected period, the deployment of edge computing sites in several countries, particularly India and China are likely to assist APAC's growth.
Electricity Generation in U.S. 2023
In 2023, the United States' net power generation from utility-scale plants was estimated to be around 4,009 billion kilowatt-hours (kWh). Small-scale solar photovoltaic (PV) systems generated an additional 41.7 billion kWh according to the EIA.
Around 60% of utility-scale electricity output in the United States in 2022 was expected to come from fossil fuels (coal, natural gas, and petroleum), 20% from nuclear energy, and 20% from renewable energy sources.
The objective of the report is to present a comprehensive analysis of the Global Data Center Generator Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Data Center Generator Market dynamics, structure by analyzing the market segments and project the global Data Center Generator market size. Clear representation of competitive analysis of key players By Product Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Data Center Generator Market make the report investor’s guide.
Data Center Generator Market Scope: Inquire before buying
| Global Data Center Generator Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2023 | Forecast Period: | 2024-2030 |
| Historical Data: | 2018 to 2023 | Market Size in 2023: | US $ 8.04 Bn. |
| Forecast Period 2024 to 2030 CAGR: | 5.3% | Market Size in 2030: | US $ 11.55 Bn. |
| Segments Covered: | by Product Type | Diesel Gas Others |
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| by Capacity | < 1 MW 1 MW-2MW >2MW |
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| by Tier Standards | Tier I & II Tier III Tier IV |
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Data Center Generator Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Data Center Generator Market Key Players
1. Aggreko plc
2. Atlas Copco AB
3. Caterpillar Inc.
4. Cummins Inc
5. Deutz AG
6. Euro-Diesel
7. Generac Power Systems, Inc.
8. Hitec Power Protection
9. HITZINGER GmbH
10.Inmesol S.L.U.
11.Innio
12.KOEL (Kirloskar Group)
13.KOHLER (SDMO)
14.Mitsubishi Motors Corporation
15.Onis Visa
16.Perkins Engines Company Limited
17.Other Key Players
Frequently Asked Questions:
1. Which region has the largest share in Global Data Center Generator Market?
Ans: North America region held the highest share in 2023.
2. What is the growth rate of Global Data Center Generator Market?
Ans: The global market is growing at a CAGR of 5.3% during forecasting period 2024-2030
3. What is scope of the Global Data Center Generator market report?
Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Data Center Generator market?
Ans: The important key players in the Global Data Center Generator Market are – Aggreko plc, Atlas Copco AB, Caterpillar Inc., Cummins Inc, Deutz AG, Euro-Diesel, Generac Power Systems, Inc., Hitec Power Protection, HITZINGER GmbH, Inmesol S.L.U., Innio, KOEL (Kirloskar Group), KOHLER (SDMO), Mitsubishi Motors Corporation, Onis Visa, Perkins Engines Company Limited, and Other Key Players
5. What is the study period of this market?
Ans: The Global Data Center Generator Market is studied from 2023 to 2030