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The Global Data Center Generator Market is Expected to Reach Revenues of $6.46 Billion by 2028 tmcnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tmcnet.com Daily Mail and Mail on Sunday newspapers.
The Data Center Generator Market size is expected to grow from USD 4.98 billion in 2023 to USD 6.46 billion by 2028, at a CAGR of 5.35% during the forecast period (2023-2028). Data centers are at significant risk of experiencing operational losses owing to power outages caused by utility grid failures, rolling blackouts, bad weather, natural or artificial calamities, or electrical breakdown.New York, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Data Cen
Global Data Center Generator Market Outlook Report 2023-2028 Featuring Prominent Vendors - ABB, Caterpillar, Cummins, Generac Power Systems, HITEC Power Protection, KOHLER, Rolls-Royce, & Yanmar
Global Generator In Data Center Market Size, Status and Forecast 2021-2028 amiFebruary 13, 2021 61 Data centers are dedicated buildings or spaces in buildings where computer systems and accessories, along with their associated components are housed for the purpose of data storage or cloud computing. The evolution of cloud computing has increased the demand for data centers around the globe. Organizations are increasingly making use of data centers for hosting applications that are provided to the customers or used internally, and for critical storage of data. These data centers play a key role in the management of technology-related processes in organizations. Data centers consume large amounts of electricity. Estimates show that data centers use around 200 terawatt hours (TWh) to 500 TWh of electricity annually, which accounts for around 1% of the total electricity consumption, globally. This can be accounted for the huge number of servers which are located in data centers. Studies highlight that there were around 18 million servers deployed in data centers in 2020. An important characteristic of cloud computing or data centers in general, is that they require uninterrupted access of power and network connectivity. This is because the organizations cannot afford to experience server downtime as critical business operations are heavily reliant on these servers. In case of an interruption in critical data access due to server outage, the company’s financial situation as well as its reputation amongst the clients are adversely impacted. Therefore, devices that can provide backup power to ensure elimination of server downtime in data centers are being increasingly used by data center operators. Large-scale generators that can provide power backup for several hours are finding increased adoption, especially amongst tier 4 data centers. Electrical engineering experts recommend data centers to have three lines of defence for backup power. One key recommendation is the use generators to account for long term power outages from the main supply. Uninterrupted Power Supply (UPS) in data centers help during short-term power outages and operate for around 30 minutes. Generators are necessary for the sustenance of data centers beyond this period. Hence, the increasing demand for eliminating server downtime in data centers through backup power from generators is leading to the growth of the global generator in data center market.
Fior Markets delivers detailed information about market definitions and their classification, along with, global segmentation for the market, product overview, industry outline, raw material, and cost structure. The report is designed to help businesses ease surviving and succeeding in this vertical. The report embraces drivers, restraints, opportunities, and key developments pivotal to global Data Center Power industry growth in the forthcoming years. The research outlines the factors affecting the progression of each industry segment. The report shows current as well as forecast data and also provides compounded annual growth rate (CAGR%), which is measured for regional markets and individual segments.
Generator In Data Center Market Size, Growth Analysis and Forecast Report by 2027 with Key Players – Aggreko plc, Atlas Copco AB, Caterpillar, Cummin