The "Data Center UPS Market Landscape 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Data Center UPS Market was valued at USD 6.61 billion in 2023, and is expected to reach...
DUBLIN: The "Data Center UPS Market Landscape 2024-2029" report has been added to ResearchAndMarkets.com's offering.
The Data Center UPS Market was valued at USD 6.61 billion in 2023, and is expected to reach USD 12.17 billion by 2029, rising at a CAGR of 10.71%.
KEY TRENDS
Adoption of Advanced UPS Batteries
Advanced battery systems utilized in data centers are crucial to ensure uninterrupted power distribution during power loss. Even the best UPS systems are useless without a battery to buffer the power.
The three main types of batteries segmented in the data center UPS market report are Lithium-Ion, Flywheel, and VRLA (Valve Regulated Lead Acid). For the past few decades, VRLA batteries have been the backbone of the data center industry. However, for many reasons arising now, such as sustainability, safety, durability, and maintenance, among others, many companies have now started to look for sustainable alternatives.
There are many innovative battery technologies available in the market. Lithium-ion batteries are prominent in terms of innovative UPS battery adoption. Besides this, with the help of further research and development, Nickel-zinc and sodium-ion batteries are also entering the data center market.
Adoption of DC UPS Systems to Mitigate Loss of Power
Data centers around the world consume about 1.5% of the global power produced annually, which is quite colossal! They can mitigate power wastage by using energy-efficient power infrastructure, moving to free cooling technology, improving server utilization through virtualization, and removing comatose servers.
Although most industrial applications are based on AC power, there is a growing paradigm shift, where an increasing number of data center operators are considering implementing DC power for power distribution within said facilities. Some energy is lost when power is switched between AC and DC in data centers. Fewer conversions will ensure less heat being lost, resulting in lower OPEX. DC power also takes up less space in a data center and is easier to integrate with other energy devices that generate DC power.
Most colocation providers globally are involved in the designing of OCP-ready data centers. These data centers are likely to include the deployment of DC power systems. Many enterprises also consider shifting to the data center design of hyperscale operators to reduce OPEX and improve operational efficiency. In terms of power wastage, UPS vendors are investing in R&D activities to mitigate power wastage.
Software-Defined Power & Data Center Infrastructure Automation
A major concern among data center operators these days is the inevitable increasing power consumption trend and wastage by various infrastructures. In addition, data center infrastructure requires regular monitoring and management to function effectively. These operators are seeking assistance via automation and monitoring solutions to reduce the need for human interference, with remote monitoring systems highlighting a maintenance requirement or detecting a failure during the regular testing process.
A reduction in power consumption and wastage in modern data centers is achieved through end-to-end monitoring and automation of facilities. The adoption of Artificial Intelligence (AI) technology is significant in various industries, including data centers. Moreover, the use of AI and machine learning to manage data centers has gained increased importance and attention among operators owing to the increase in power consumption and carbon emissions by data center operators.
SEGMENTATION INSIGHTS
GEOGRAPHICAL ANALYSIS
VENDOR LANDSCAPE
VENDORS LANDSCAPE
Key Vendors
Other Prominent Vendors
Prominent Battery Providers
Key Attributes:
Report Attribute | Details |
No. of Pages | 180 |
Forecast Period | 2023 - 2029 |
Estimated Market Value (USD) in 2023 | $6.61 Billion |
Forecasted Market Value (USD) by 2029 | $12.17 Billion |
Compound Annual Growth Rate | 10.7% |
Regions Covered | Global |
Report Segmentation:
Segmentation by UPS Battery Technology
Segmentation by UPS Systems
Segmentation by Tier Standards
For more information about this report visit https://www.researchandmarkets.com/r/t70fzu
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Fonte: Business Wire
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