Global Data Center Low Voltage Lv Or Medium Voltage Mv Power Distribution Market Report 2024, Forecast To 2033
8 Mar, 2024
The data center power distribution market projects growth from $3.17 billion in 2023 to $3.52 billion in 2024, with a CAGR of 11.0%. By 2028, it's set to reach $5.36 billion, with a CAGR of 11.1%. Rising data demands and energy efficiency concerns propel this, alongside trends like modular solutions and renewable energy adoption.
Global Data Center Low Voltage LV Or Medium Voltage MV Power Distribution Market Key Driver
The rising adoption of cloud computing is driving growth in the data center low voltage (LV) or medium voltage (MV) power distribution market. Cloud computing adoption increases data center demand, driving the need for efficient power distribution solutions. For instance, Eurostat reported a rise in cloud adoption among EU enterprises, driving the LV/MV power distribution market.
Get A Free Sample Of The Global Data Center Low Voltage LV Or Medium Voltage MV Power Distribution Market ReportGlobal Data Center Low Voltage LV Or Medium Voltage MV Power Distribution Market Segments
The data center low voltage (lv) or medium voltage (mv) power distribution market covered in this report is segmented –
1) Component:Hardware, Services
2) Data Centre Sizes:Small And Medium-Sized Data Centers, Large Data Centers
3) Application:Banking Financial Services And Insurance (BFSI), Colocation, Energy, Government, Healthcare, Manufacturing, IT (Information Technology) And Telecom, Other Applications
By Geography: The countries covered in the data center low voltage (lv) or medium voltage (mv) power distribution market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the data center low voltage (LV) or medium voltage (MV) power distribution market in 2023. The regions covered in the data center low voltage (lv) or medium voltage (mv) power distribution market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Data Center Low Voltage LV Or Medium Voltage MV Power Distribution Industry Players
Siemens AG; Cisco Systems Inc.; Schneider Electric SE; Mitsubishi Electric Corp.; ABB Ltd.; Cummins Inc.; Eaton Corp.; Legrand; Vertiv Holdings Co.; Generac Power Systems; Leviton Manufacturing Company Inc.; Panduit Corp.; Socomec SAS; CyberPower Systems Inc.; Kohler Power Systems; Chatsworth Products; Thorne & Derrick International; Anord Mardix (USA) Inc.; Server Technology Inc.; Rittal GmbH & Co. KG.; Delta Electronics Mfg. Corp.; Emerson Electric Co.; Staco Energy Products Co.; PDI Solutions LLC; Raman Power Technologies Ltd.
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Data Center Low Voltage LV Or Medium Voltage MV Power Distribution Market Overview
Datacenter low-voltage (LV) or medium-voltage (MV) power distribution refers to the electrical distribution system used to supply power within a data center that involves either low- or medium-voltage lines to distribute power to various components and equipment within the facility. The facility is initially supplied with medium-voltage electricity, which is more effectively dispersed across the data center, before stepping down to a lower voltage that mechanical systems and networking equipment may use.