© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Data Center Power Market trends research and projections for : Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  In the U.S., increasing number of new data center power construction as well as innovations such as powering the facilities through renewable energy resources is anticipated to fuel the data center power market in the country. In Europe, increasing demand for computational power from several enterprises will fuel the industry growth. Further, the rise in demand for information storage space is spurring the high demand in the region. Regional Analysis of Data Center Power Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Data Center Power Market :  On the basis of application, data center power market is segmented by BFSI, healthcare, and IT & telecom. In BFSI, data center power helps in powering branch automation, connecting the customer service desk, and IT equipment in the branch office with the customer’s data in the back office. The data center constitutes the critical load in the everyday operations of the business, and act as the backbone of financial data computation, records storage and transaction system.  Energy storage in the data center power market are used to backup generators during power shortages. There has been an increasing interest in adopting energy storage devices by firms to reduce high electricity bills. Generators provide power in case of interruption of main power. The components do not easily bear power spikes owing to swapping from normal to an emergency power supply. These generators can be classified into liquid propane or natural gas generator, diesel and bi-fuel generators.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Key players operating in the data center power market are Schneider electric, Emerson Electric, General electric, Eaton, ABB. Emerson Electric provides critical infrastructure technologies and life cycle services for information and communications technology system. The major players are focusing on forming strategical alliances with other service providers to enhance and revolutionize the data center power market. Schneider electric had partnered with HP in 2014 to provide simultaneous visibility into asset data for both IT and facilities managers, enabling a key next step in automated service deliveries and data center service optimization. Competitive Market Share of Data Center Power Market:

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