Data Center LV/MV Power Distribution Market - By Component (Hardware, Service), By End-Use (Colocation, BFSI, Energy, Government, Healthcare, Manufacturing, IT & Telecom) & Forecast, 2023 – 2032

Data Center LV/MV Power Distribution Market Size

Data Center LV/MV Power Distribution Market size was valued at USD 2.8 billion in 2022 and is estimated to grow at over 11% CAGR between 2023 and 2032. The notable uptick in data construction and the subsequent rise in storage demands in various industries has prompted governments and organizations worldwide to undertake initiatives to expand and improve the existing data center infrastructure. For instance, the Global Switch Data Center Initiative, led by Global Switch, a leading owner, operator, and developer of data centers, aims to build a network of data centers across Europe and the Asia Pacific.
 

Likewise, the National Data Center Optimization Initiative led by the U.S. Department of Energy, in collaboration with numerous public-private sector partners, focuses on improving the efficiency and sustainability of data centers in the U.S. This surge in data center construction and expansion projects has created a need for efficient power distribution systems to ensure reliable and uninterrupted operation, strengthening the data center LV/MV power distribution industry outlook through 2032.
 

Due to the rapid digital transformation worldwide, technologies like cloud computing, big data analytics, and the Internet of Things (IoT) have gained tremendous popularity. The rising adoption of these technologies has amplified the demand for data centers, owing to the need for scalable infrastructure, storage capacity, and real-time data processing capabilities, consequently boosting the market for power distribution solutions.
 

In contrast, high initial investment costs associated with implementing advanced power distribution systems and growing concerns about the environmental impact of data centers and the carbon footprint associated with power distribution activities may limit market growth over the coming years.
 

COVID-19 Impact

The COVID-19 pandemic has negative impact on the data center LV/MV power distribution industry. The pandemic has disrupted supply chains, delayed construction projects, and caused uncertainties in investment decisions, leading to some challenges in the market. However, the overall growth trajectory of the data center LV/MV power distribution market is expected to remain optimistic as businesses increasingly rely on digital infrastructure.

Data Center LV/MV Power Distribution Market Trends

Growing emphasis on adopting a sustainable approach and building an energy-efficient infrastructure will help propel the market forward. The increasing focus on energy efficiency and sustainability has pushed organizations to implement advanced power distribution solutions that optimize energy usage and reduce carbon footprints. To that end, companies operating in this space are integrating novel technologies such as modular PDUs to suffice the need for efficient and reliable power distribution, further augmenting market revenue.
 

Data Center LV/MV Power Distribution Market Analysis

Based on application the data center LV/MV power distribution market is segment into colocation, BFSI, energy, government, healthcare, manufacturing, IT & telecom. The BFSI segment held over 15% of the market share in 2022. The BFSI industry heavily relies on data-intensive operations, including transaction processing, real-time analytics, and secure storage of sensitive customer information. To support these critical functions, data centers with robust power distribution infrastructure are required to ensure uninterrupted operations, data security, and compliance with regulatory requirements. The increasing digitalization and adoption of advanced technologies in the BFSI sector further drives the demand for efficient and reliable power distribution solutions in data centers.
 

With respect to the component, the data center LV/MV power distribution market is divided into hardware and services segments. The hardware segment held over USD 800 million market revenue in 2022. Hardware provides essential functions such as electrical isolation, protection, and control, ensuring safe and efficient power distribution within data centers. Increasing scale and complexity of data center infrastructure have propelled the need for reliable and robust hardware solutions to maintain uptime, enhance system performance, and safeguard critical equipment from electrical faults and disruptions. This, in consequence, will drive down the demand for hardware in the long run.
 

North America could dominate the regional landscape with over 35% market share in 2022. The region has a strong presence of major technology companies, cloud service providers, and enterprises that require reliable and scalable data center infrastructure. Additionally, the increasing adoption of emerging technologies such as IoT, artificial intelligence, natural language processing (NLP) and big data analytics drives the need for robust power distribution systems to support growing data processing and storage requirements in North America, further contributing to market growth.
 

Data Center LV/MV Power Distribution Market Share

Major companies operating in the data center LV/MV power distribution market are

• ABB Ltd.
• Delta Electronics
• Eaton
• GE
• HPE
• Huawei
• Schneider Electric
• Siemens AG,
• Toshiba,
   

Data Center LV/MV Power Distribution Industry News

• In May 2023, ABB announced the launch of its new ability UPS portfolio. This portfolio of UPSs is designed to help data center operators improve efficiency, reliability, and security.
• In April 2023, Eaton launched its new 9PX UPS family designed to help data center operators boost reliability, efficiency, and scalability.
   

The Data Center LV/MV Power Distribution market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:

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By Component

• Hardware
• Services

By Application

• BFSI
• Colocation
• Energy
• Government
• Healthcare
• Manufacturing
• IT & Telecom
• Others

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Poland
  • Benelux
• Asia Pacific
  • China
  • India
  • Japan
  • Singapore
  • Australia
  • Indonesia
• Latin America
  • Brazil
  • Colombia
  • Venezuela
  • Bolivia
  • Chile
  • Peru
  • Argentina
• MEA
  • GCC
  • South Africa
  • Morocco