The "Global Data Center Generator Market - Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Global Data Center Generator Market was valued at USD 6 bil...
Autore: Business Wire
DUBLIN: The "Global Data Center Generator Market - Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
The Global Data Center Generator Market was valued at USD 6 billion in 2023, and is expected to reach USD 10.83 billion by 2029, rising at a CAGR of 10.34%.
ABB, Caterpillar, Cummins, Generac Power Systems, HITEC Power Protection, KOHLER, Rolls-Royce, INNIO, and Yanmar (HIMOINSA) are the major global data center generator market companies.
These firms provide generator systems with their own engines, including engines from other manufacturers such as MTU, Perkins, Mitsubishi, Deutz, Volvo, Iveco, FG Wilson, and John Deere. The introduction of fuel cell generators, which are expected to achieve commercial momentum by 2025, poses a big threat to diesel generator systems. Infrastructure companies, such as Caterpillar, Ballard Power Systems, Rolls Royce, ABB, INNIO, Atos, Plug Power, and HDF Energy, are actively conducting research and development to incorporate fuel cell generators and utilizing eco-diesel inside data centers.
Numerous manufacturers are anticipated to execute pilot projects over the next two years to evaluate the viability and usefulness of these technologies in data center environments. INMESOL and KOHLER have launched new generators that use HVO fuel in the data center generator market. Many vendors prioritize system innovation by lowering carbon dioxide emissions, driven by the global carbon taxation laws governments implement.
MARKET TRENDS
Sustainable Generator Innovations
The growth in power demand from the data center sector and the growing emphasis on sustainability have resulted in substantial advancements in generator fuel technology in the data center generator market. These advancements include developing and using numerous fuel types such as HVO, natural gas, hydrogen fuel cells, and eco-diesel.
Some colocation providers, such as LCL Data centers, Datum Datacenters, Compass Datacenters, Interxion (Digital Realty), Kao Data, and Ark Data centers, are investing in HVO-fuel generators. Similarly, hyperscale operators such as AWS have announced their plans to use HVO-fuel backup generators to power their data centers, beginning with facilities in Dublin, Ireland. The company has ambitions to expand this move to all European data centers.
Adoption of Fuel-Cell Generators
In the ever-changing world of data center operations, a noticeable trend toward sustainability is growing, pushing the adoption of novel solutions. One such idea is to integrate fuel-cell generators to meet the high-power demands of facilities in the data center generator market. Equinix, for example, intends to explore the viability of using hydrogen-powered fuel cells to power its Singapore data centers.
Several infrastructure providers, including Caterpillar, Ballard Power Systems, ABB, AFC Energy, Atos, and HDF Energy, are actively expanding and refining their fuel cell generator product offerings, demonstrating a concerted effort to augment sustainable practices within the industry.
Automation of Infrastructure
In response to the growing concerns about outages and extended downtime, data center operators are dedicating more resources to infrastructure automation solutions.
These solutions cover a wide range of technologies, including Software-Defined Data Centers (SDDCs), Artificial Intelligence (AI), Data Center Infrastructure Management (DCIM) systems, and remote facility operations management.
SEGMENTATION INSIGHTS
Key Attributes:
Report Attribute | Details |
No. of Pages | 543 |
Forecast Period | 2023 - 2029 |
Estimated Market Value (USD) in 2023 | $6 Billion |
Forecasted Market Value (USD) by 2029 | $10.83 Billion |
Compound Annual Growth Rate | 10.3% |
Regions Covered | Global |
Premium Insights
Market Opportunities & Trends
Market Growth Enablers
Market Restraints
Key Vendor Profiles
Other Prominent Vendors
SEGMENTATION ANALYSIS
Segmentation by System Capacity
Segmentation by System
Segmentation by Tier Standard
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Fonte: Business Wire