NEW YORK, July 24, 2024 /PRNewswire/ -- The
global generator in data centers market size is
estimated to grow by USD 4.26 billion
from 2024-2028, according to Technavio. The market is estimated to
grow at a CAGR of almost 8.56% during the forecast period.
Increasing investments in data centers is driving market growth,
with a trend towards use of next-generation power monitoring and
management software. However, increase in carbon emission
poses a challenge. Key market players include Aggreko Plc,
Atlas Copco AB, AVK SEG, Caterpillar Inc., Cummins Inc., Generac
Holdings Inc., General Electric Co., Greaves Cotton Ltd., J C
Bamford Excavators Ltd., Kirloskar Oil Engines Ltd., Kohler Co.,
Mahindra and Mahindra Ltd., Mitsubishi Heavy Industries Ltd., Nidec
Corp., Powerica Ltd., Rolls Royce Holdings Plc, Sterling and Wilson
Pvt. Ltd, Volvo Penta AB, Wartsila Corp., and Yanmar Holdings Co.
Ltd..
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Type (Diesel and Gas),
Capacity (Less than 1MW, 1MW-2MW, and More than 2MW), and Geography
(North America, Europe, APAC, South America, and Middle East and
Africa)
|
Region
Covered
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Key companies
profiled
|
Aggreko Plc, Atlas
Copco AB, AVK SEG, Caterpillar Inc., Cummins Inc., Generac Holdings
Inc., General Electric Co., Greaves Cotton Ltd., J C Bamford
Excavators Ltd., Kirloskar Oil Engines Ltd., Kohler Co., Mahindra
and Mahindra Ltd., Mitsubishi Heavy Industries Ltd., Nidec Corp.,
Powerica Ltd., Rolls Royce Holdings Plc, Sterling and Wilson Pvt.
Ltd, Volvo Penta AB, Wartsila Corp., and Yanmar Holdings Co.
Ltd.
|
Key Market Trends Fueling Growth
Data center and IT professionals aim to optimize power delivery
to critical components, saving costs and time while minimizing
risks. Upgrading to advanced power monitoring and management
software enables real-time monitoring, predictive analytics, and
automates traditional monitoring tasks. This software predicts
component failures, reducing the risk of power outages caused by
equipment failure. Comprehensive analytics, advanced workflows, and
domain expertise are integrated into the software. R&D in
monitoring software continues, enabling early detection of power
outage sources weeks before occurrence. Critical components, like
backup generators, are monitored for abnormalities, allowing
preventive measures against major power outages. Power management
is vital for organizations, and power monitoring solutions enhance
operational efficiency at lower costs.
Data centers are essential for businesses to store and manage
digital information. However, power interruptions and system
downtime can lead to significant information loss and errors. To
ensure up-time and reliability, data centers rely on backup power
supplies like generators. The generator market is witnessing trends
such as the use of renewable energy sources like solar, wind, and
biogas, as well as gas turbines and fuel cells. Major manufacturers
like Adani Group are investing in solar-powered data parks and
hyperscale facilities. Edge data centers and 5G technology require
customized capacity and power backup solutions. Power costs,
including electricity prices and taxes, are driving the need for
efficient power density and power loss prediction systems.
Colocation service providers offer reliable power backup through
diesel and natural gas generators, as well as Li-ion batteries.
Power modules and backup power systems are essential for data
center operation and power reliability.
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Market Challenges
- Data centers consist of various components, such as generators,
IT servers, building shells, and cooling systems, which release
carbon dioxide during operation. The carbon emissions depend on the
power consumption of these facilities, with those using
coal-generated electricity emitting more than those utilizing
renewable energy sources. The carbon footprint of US data centers
is significant and higher than many other countries. Data center
operators can calculate Carbon Usage Effectiveness (CUE) by
considering the Data Center Facility Power Usage Effectiveness
(PUE) rating and carbon dioxide emissions factor. Low PUE ratings
correspond to less carbon emissions. The use of intelligent
infrastructure, which aids in efficient CUE calculation and power
supply based on IT infrastructure requirements, is expected to
hinder the growth of the global generator market in data centers
due to reduced power consumption.
- Data centers require uninterrupted power supply to ensure
business continuity. Traditional power sources like diesel and
natural gas generators face challenges from rising fuel costs and
environmental concerns. Alternative energy sources, such as biogas
from landfills, sewage gas, and industrial waste gases, offer
solutions. Generators using biogas and steam turbines are gaining
popularity. Major manufacturers like Adani Group are investing in
solar-powered data parks and fuel cells. Backup power systems,
including Li-ion batteries and power interruption prediction
systems, are essential for data center operation. Power loss can
lead to significant financial losses and reputational damage. Edge
computing sites require customized capacity power backup solutions.
Decision-makers face micro-economic factors, including power costs
and power reliability, when selecting power backup solutions.
Renewable energy sources like wind and solar are becoming more
viable options. Fossil fuels and nuclear energy continue to
dominate, but their environmental impact and rising costs make them
less attractive. Power interruption and backup power supply are
critical concerns for data center operation. Generator market
trends include the use of fuel cells, natural gas generators, and
Li-ion batteries. Power loss prediction systems help mitigate
downtime risks. Electricity costs and power reliability are major
factors in the decision-making process.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
This generator in data centers market report extensively covers
market segmentation by
- Type
- Capacity
- 2.1 Less than 1MW
- 2.2 1MW-2MW
- 2.3 More than 2MW
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Diesel- The generator market in data centers is
experiencing significant growth due to the increasing demand for
reliable and efficient power solutions. Data centers require
uninterrupted power supply to ensure seamless operations.
Generators provide backup power during power outages and help
prevent downtime. Market leaders offer advanced technologies such
as fuel cells and microturbines for improved efficiency and reduced
emissions. The market is expected to continue expanding as
businesses prioritize digital transformation and data security.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Learn and explore more about Technavio's in-depth research
reports
The global data center market is booming, driven by increased
demand for data storage and processing. In parallel, the global
data center mechanical construction sector is evolving, with
innovative cooling and HVAC systems becoming crucial for efficiency
and reliability. The global data center power market is also
expanding, as advanced power solutions are essential for managing
the substantial energy needs of these facilities. With rising data
consumption and technological advancements, investments in
mechanical construction and power solutions are key to supporting
the growth and sustainability of data centers worldwide.
Research Analysis
The generator market in data centers plays a crucial role in
ensuring uninterrupted power supply and maintaining high
reliability. Power interruptions and system downtime can lead to
significant information loss and financial consequences. Anomalies,
errors, and up-time are key performance indicators for data center
operators. Power density, a critical factor in generator selection,
is increasing due to the proliferation of edge data centers. 5G
technology and edge computing are driving the demand for customized
capacity and power backup solutions. Fuel cells, solar-powered data
parks, natural gas generators, and diesel generators are popular
power backup options. Li-ion batteries and backup power systems are
essential components of these solutions. Power loss prediction
systems help mitigate the impact of electricity outages. The
generator market continues to evolve, offering innovative solutions
to meet the evolving power needs of data centers.
Market Research Overview
Data centers are critical infrastructure for businesses and
organizations, housing vital information and ensuring uninterrupted
digital services. However, power interruptions and system downtime
can lead to significant information loss and financial
consequences. Anomalies, errors, and up-time reliability are key
concerns for data center operators. Power density, the amount of
power used per unit area, is a major consideration for data center
design and operation. Edge data centers, powered by 5G technology,
are becoming increasingly popular, reducing latency and improving
data processing speed. Colocation service providers offer
customized capacity solutions, while hyperscale facilities require
massive power supplies. Electricity prices, taxes, and renewable
energy sources impact power costs. Generators, including gas
turbines, power modules, and fuel cells, provide backup power.
Biogas, landfill gas, steam, sewage gas, and industrial waste gases
are potential renewable energy sources. Power interruption
prediction systems help mitigate power loss. Power costs, including
electricity, fuel cells, and batteries, are significant factors for
decision-makers. Renewable energy sources, such as solar and
natural gas generators, are increasingly used for power backup
solutions. Micro-economic factors, such as electricity prices and
taxes, also influence power supply decisions.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Type
-
- Capacity
-
- Less Than 1MW
- 1MW-2MW
- More Than 2MW
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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