Market Share of Data Center Power Industry
The data center power market is fragmented, with multiple vendors present. Players are adopting various strategies, such as mergers and acquisitions (M&A), collaborations, partnerships, etc. Various initiatives are being undertaken by governmental bodies and private data center construction, creating intense competition. Key players are Schneider Electric SE, Fujitsu Ltd, Cisco Technology Inc., Eaton Corporation, ABB Ltd, etc.
- In October 2023, ABB Ltd announced that the company had added ZincFive as an approved supplier for its UPS systems, offering nickel-zinc as a battery option alongside lithium-ion and lead-acid, which is now installed and supported as part of an ABB uninterruptible power supply system.
- In October 2023, Vertiv partnered with American Electric Power (AEP) and opened its Vertiv Customer Experience Center, featuring a microgrid power solution to help data centers address electrical grid capacity challenges. Vertiv 1.0-megawatt (MW) microgrid includes an Uninterruptible Power Supply (UPS) system, lithium-ion battery, system controls, and other critical components to cater to customer demand who are evaluating the role of microgrids and energy storage systems for their mission-critical power systems.
Data Center Power Market Leaders
Schneider Electric SE
Fujitsu Ltd
Cisco Technology Inc.
ABB Ltd
Eaton Corporation
*Disclaimer: Major Players sorted in no particular order