Data Center Generator Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope
A data center generator is an electrical device used to provide backup power when the utility power goes out. It is an affordable and trustworthy source of onsite power generation, provided they are maintained periodically.

Sizing and Forecast
The data center generator market size has grown strongly in recent years. It will grow from $6.18 billion in 2023 to $6.57 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to rise in data consumption, data center growth, reliability requirements, digital transformation, power outage risks, increased energy efficiency..

The data center generator market size is expected to see strong growth in the next few years. It will grow to $8.31 billion in 2028 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to increased data consumption, focus on business continuity, renewable energy integration, shift to edge computing, energy efficiency standards.. Major trends in the forecast period include focus on reliability and durability, adoption of fuel efficiency technologies, rapid deployment solutions, predictive maintenance, remote and unmanned data centers..

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Segmentation & Regional Insights
The data center generator market covered in this report is segmented –

1) By Product: Diesel, Gas, Other Products
2) By Capacity: < 1 MW, 1 MW-2MW, >2MW
3) By Tier Standard: Tier I And II, Tier III, Tier IV

North America was the largest region in the data center generator market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data center generator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The increase in the number of datacenters is expected to propel the growth of the data center generator market. A data center is a huge group of linked computer servers that businesses typically employ for the distant processing, archiving, or transport of massive amounts of data. The increased demand for data center capacity is rising to unprecedented heights due to digital transformation and the rise of cloud services. Consumer-focused cloud providers and hyperscale operators are aggressively growing their operations, for which they need data center generators. In the event of a utility power outage, a data center generator can be used to supply backup power. For instance, according to Gartner, a management consultancy firm, end-user spending on the world’s data center infrastructure climbed 6% from 2020 to $200 billion in 2021. Moreover, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, the data center workload increased to 650 million in 2021, showing an increase of 260%. Therefore, an increase in the number of datacenters is expected to drive the growth of the data center generator market.

Key Industry Players
Major companies operating in the data center generator market report are Alphabet Inc., Amazon.com Inc., Equinix Inc., Microsoft Corp., NTT DATA Corp., Oracle Corp., SAP SE, International Business Machines Corp., Cisco Systems Inc., Huawei Investment & Holding Co. Ltd., Google LLC, Meta Platforms Inc., Digital Realty, CyrusOne, GDS Holdings Limited, KDDI’s Telehouse, Hewlett Packard Enterprise Company LP, Dell Technologies Inc., Lenovo Group Limited, Fujitsu Limited, Schneider Electric SE, Eaton Corporation, Vertiv Co., Delta Electronics Inc., Rittal GmbH & Co. KG, ABB Ltd., Siemens AG, Hitachi Ltd., NEC Corporation, VMware Inc., Citrix Systems Inc., Red Hat Inc.

The data center generator market report table of contents includes:

1. Executive Summary

2. Data Center Generator Market Characteristics

3. Data Center Generator Market Trends And Strategies

4. Data Center Generator Market – Macro Economic Scenario

5. Global Data Center Generator Market Size and Growth

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31. Global Data Center Generator Market Competitive Benchmarking

32. Global Data Center Generator Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Data Center Generator Market

34. Data Center Generator Market Future Outlook and Potential Analysis

35. Appendix

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