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Data Center Transformer Market Share

Report ID: GMI7770
Published Date: Jan 2024
Report Format: PDF

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Data Center Transformer Market Share

ABB holds the around 3.5% of the total market share, due to its reputation for delivering high-quality, innovative, and energy-efficient transformers. ABB's global presence, comprehensive product portfolio, and emphasis on technological advancements contribute to its dominant position in the industry. Companies in the market strengthen their presence through strategies like technological innovation, focusing on energy efficiency, and sustainability. Strategic partnerships, mergers, and acquisitions are common, enabling them to broaden their product portfolios and enhance market reach, ensuring competitiveness in this rapidly evolving industry.

Data Center Transformer Market Companies

Major players operating in the data center transformer industry are:

ABB
Eaton
GE
Hitachi
Legrand
Schneider Electric
Siemens

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The data center transformer industry was valued at USD 9.2 billion in 2023 and is anticipated to register a CAGR of over 7% between 2024 and 2032, driven by an increased emphasis on sustainability and energy efficiency.

The UPS application held around 65% market share in 2023 and is poised for significant growth through 2032, driven by the need for uninterrupted and reliable power supply in data centers.

North America data center transformer industry registered a revenue of USD 3.1 billion in 2023 and is poised for significant growth over 2023-2032, propelled by a burgeoning data-centric landscape. As digital transformation and cloud computing continue to escalate, there is an increasing demand for robust and efficient power infrastructure.

ABB, Eaton, GE, Hitachi, Legrand, Schneider Electric, Siemens are some of the major industry contenders.