Growing Popularity of IoT and Increasing Number of Data Centers Would be the Key Growth Driver of the Asia Pacific Data Center Power Market - 6Wresearch

Rising number of mobile connections, increasing focus on cloud computing along with growing trend of digitalization would lead to an increase in demand for new data centers. These factors would increase the power requirement in such data centers and thus bode well for the growth of data center power solutions market in the Asia Pacific region over the coming years.

According to 6Wresearch, Asia Pacific data center power market (excluding China) is projected to grow at a CAGR of 12.1% during 2019-25. Continuous supply of power is vital for the smooth functioning of a data center. Due to lack of availability of reliable main power sources in the certain Asia Pacific countries, many data center operators depend largely on electric infrastructure such as UPS systems and generators as a source of auxiliary power. In addition, rise in digitalization of several sectors in the region would also accelerate the need for new data centers, which would subsequently surge the demand for electric infrastructure required in such data centers.

According to Chhavi Malpani, Research Analyst, Research and Consulting, 6Wresearch, "Many firms are focusing on business analytics and consumer insights and are collecting large amounts of data for the same. As a result companies are setting up their own data centers or outsourcing data collection requirement to the already existing ones. UPS play a critical role in the supply of uninterrupted power in data centers and accounts for major share of market revenues in the Asia Pacific data center power market by electric infrastructure."

According to Vanshika Bhageria, Research Associate, Research and Consulting, 6Wresearch, "On account of growing investment by most of the Asia Pacific countries towards the building of digital economies, the need for reliable data storage facilities to support these economies is also increasing. Rise in the number of required data centers would directly boost the market for UPS systems, generators, cooling units, rack PDUs, transfer switches and busways over the coming years."

"Japan, being one of the most digitally advanced countries, captured the highest revenue share in the overall data center power market in the Asia Pacific region in 2018. However, Australia and India are expected to emerge as key potential markets in future as these countries are heavily investing in digital development.

Some of the prominent players in the Asia Pacific data center power market are Mitsubishi Electric, ABB, Cummins, Schneider Electric and Delta Electronics.

"Asia Pacific Data Center Power Market (2019-2025)" report provides an in-depth analysis with 207 figures and 33 tables, covered in more than 330 pages. The report estimates and forecast the overall Asia Pacific data center power market revenues by electric infrastructure, end users, verticals and countries. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

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