Data Center Substation Market is accounted for USD 9,108 million in 2020, growing at a robust CAGR of 5.9% during forecast period

Introduction of the Data Center Substation Market Report

The data center substation connects the data center to its electric supply that includes a public utility system, fuel cells, and solar arrays. The data center substation facilities help in raising the voltage from generators to efficiently transmit electricity; lowering the voltage from transmission lines to sub-transmission voltage, lowering the sub-transmission voltage to serve industrial, and commercial applications through a distribution transformer.

To have an edge over the competition by knowing the market dynamics and current trends of “Data Center Substation Market”, request for Sample Report here

Market Dynamic

Key Drivers and Emerging Trends

The digitalization of industries, increasing internet traffic, and the rapid growth in the volume of structured and unstructured data along with the increasing demand for cloud computing are some of the major factors expected to drive the growth of the data center substation market size. In addition, the increasing expansion of data centers together with the growing demand for smooth transmission and distribution of electricity to power data centers is further accelerating the market growth over the forecast period. Moreover, the data center substations help in transferring energy, protecting equipment from faults, controlling operations, and increasing security. Furthermore, according to IEA, the number of global hyperscale data centers is expected to reach 628 in 2021 with a share of 55% of all data center traffic, which is projected to augment the growth and development of the data center substation market over the forecast period.

Restraint in the Data Center Substation Market

However, the high cost of equipment in the data center substation facilities is one of the major factors expected to restraint the growth of the market. Additionally, the lack of an able workforce for the installation, operation and maintenance of systems may further hamper the data center substation market growth.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Component – Segment Analysis

Based on components, a transformer is expected to grow at a high CAGR over the forecast period. This is primarily due to the application of transformers in the extensive distribution of electric power in the data center facility. In addition, transformers are one of the important components in the substation owing to their use in power transmission between networks without any changes in frequency and causing minimum loss.

Voltage Type – Segment Analysis

Based on the voltage type, above 500kV is expected to hold a prominent share in the data center substation market owing to the growing up-gradation and renewal of existing substations, rising demand for high voltage substations to handle the high-power demands of data centers for providing reliable power supply to server buildings.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Regional – Segment Analysis:

North America is expected to hold a high share in the market during the forecast period. This can be attributed to the growing demand for the internet owing to the increasing industries including Information Technology, e-commerce, and e-healthcare. Moreover, according to the World Bank, around 87% of the U.S. population use the internet in 2019, which augments the market growth. The presence of leading companies that includes General Electric Company, NEI Electric Power Engineering, Inc., and Tesco Automation Inc. is expected to escalate the market in North America.

Top Market Players

Several leading Data Center Substation companies operating in the market, include Eaton Corporation Plc, General Electric Company, ABB Ltd., Hitachi, Ltd., NEI Electric Power Engineering, Inc., NR Electric Co., Ltd., S&C Electric Company, Tesco Automation Inc., Schneider Electric SE, and Siemens AG, and others.

Key Developments:

• • In 2021, Eaton, a power management company launched EnergyAware UPS for data center operations in India. The solution is expected to help data centers to contribute to renewable energy.

Segments covered in the Report:

The global Data Center Substation market has been segmented on the basis of component, voltage type, and key regions. Based on the component, the market is segmented into transformers, switchgears, relays, capacitors, busbars, surge arrestors, and others. Based on the voltage type, the market is segmented into 33 kV – 110 kV, 110 kV – 220 kV, 220 kV – 500 kV, and Above 500 kV.

For detailed scope of the “Data Center Substation Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is global Data Center Substation market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Data Center Substation Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Data Center Substation Market?
  • Which component generated maximum revenues in 2020 and identify the most promising component during the forecast period?
  • What are the various voltage types of global Data Center Substation Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Data Center Substation Market by Component

• • Transformers
  • Switchgears
  • Relays
  • Capacitors
  • Busbars
  • Surge Arrestors
  • Others

Global Data Center Substation Market by Voltage Type

• • 33 kV – 110 kV
  • 110 kV – 220 kV
  • 220 kV – 500 kV
  • Above 500 kV

Global Data Center Substation Market by Region

• • North America Data Center Substation Market (Option 1: As a part of the free 25% customization)
    • By Component
    • By Voltage Type
    • US Market All-Up
    • Canada Market All-Up
  • Europe Data Center Substation Market (Option 2: As a part of the free 25% customization)
    • By Component
    • By Voltage Type
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Data Center Substation Market (Option 3: As a part of the free 25% customization)
    • By Component
    • By Voltage Type
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Data Center Substation Market (Option 4: As a part of the free 25% customization)
    • By Component
    • By Voltage Type
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Data Center Substation Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Eaton Corporation Plc
  • General Electric Company
  • ABB Ltd.
  • Hitachi, Ltd.
  • NEI Electric Power Engineering, Inc.
  • NR Electric Co., Ltd.
  • S&C Electric Company
  • Tesco Automation Inc.
  • Schneider Electric SE
  • Siemens AG