Data Center Energy Storage Market Size, Share, Trends, Growth Outlook

The global Data Center Energy Storage Market Size is estimated to increase at a CAGR of 7.1% during the forecast period from 2024 to 2030.

 

The Data Center Energy Storage Market research report provides a detailed analysis of diverse segments across 6 regions and 25 countries including Type (Tier 1, Tier 2, Tier 3, Tier 4), Application (Banking, Financial Services, and Insurance (BFSI), Healthcare, Manufacturing, Research and academia, Energy, Others).

 

An Introduction to Data Center Energy Storage Markets in 2024

Productivity, technology enablement, and sustainability remain the key market-driving forces in the global Data Center Energy Storage industry landscape. Companies that invest in that supply chain and operational resiliency are poised to gain a competitive edge over other market players. The global energy investments are set to increase from around $1,652 Billion in 2024 to $2845 Billion in 2040. As the world is making steady progress towards net zero, energy security, affordability, and industrial competitiveness remain key focus areas of most Data Center Energy Storage companies. The Data Center Energy Storage demand trajectory varies based on multiple scenarios, from macroeconomic conditions, regulatory support, investment scenarios, and the global landscape. Decision makers across the Data Center Energy Storage industry value chain formulating long-term transition strategies with a diverse range of future scenarios are likely to stay ahead of the competition curve.

Data Center Energy Storage Market Trends:

The data center energy storage market is experiencing a trend towards high-density energy storage solutions, grid integration, and renewable energy adoption. Innovations in battery technologies, flywheel systems, and demand-side management are prevalent trends. Energy storage in data centers involves storing electricity for backup power, load shifting, and peak demand management to ensure uninterrupted operations. Moreover, developments in grid-connected storage, modular systems, and energy-efficient data centers are shaping the market.

Data Center Energy Storage Market Drivers:

Key drivers propelling the data center energy storage market include the need for reliable backup power, grid stability, and energy cost management. Energy storage offers advantages such as uninterruptible power supply, peak shaving, and facilitating renewable energy integration, making it critical for data center operations. Furthermore, technological advancements in storage systems, increasing data center capacity, and the drive for energy-efficient infrastructure contribute significantly to market growth.

Data Center Energy Storage Market Opportunities:

Opportunities in the data center energy storage market lie in advancing storage technologies and promoting their role in ensuring data center reliability and sustainability. Collaboration among storage solution providers, data center operators, and energy regulators offers significant growth prospects. Additionally, investing in innovative energy storage solutions, promoting grid-interactive storage for demand response, and advocating for the benefits of energy storage in data centers for reducing carbon footprint can unlock new avenues for market expansion. Exploring partnerships for resilient data center projects, advocating for storage-related incentives, and showcasing successful storage implementations can further drive market growth and facilitate wider adoption.

 

Data Center Energy Storage Market Segmentation

Data Center Energy Storage refers to systems used in data centers to store electrical energy for backup power, load balancing, or cost management purposes, ensuring uninterrupted operations and efficient energy use.

By Type

• Tier 1

• Tier 2

• Tier 3

• Tier 4

 

By Application

• Banking, Financial Services, and Insurance (BFSI)

• Healthcare

• Manufacturing

• Research and academia

• Energy

• Others

 

By Region

• North America (United States, Canada, Mexico)

• Europe (Germany, France, United Kingdom, Spain, Italy, Others)

• Asia Pacific (China, India, Japan, South Korea, Australia, Others)

• Latin America (Brazil, Argentina, Others)

• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Data Center Energy Storage Market Companies

• ABB Ltd.

• Delta Electronics, Inc.

• Eaton Corporation plc

• General Electric Company

• Huawei Technologies Co., Ltd.

• Legrand SA

• Mitsubishi Electric Corporation

• Saft Groupe SA

• Schneider Electric SE

• Vertiv Group Corporation

 

Reasons to Buy the Data Center Energy Storage Market Study

• Deepen your industry insights and navigate uncertainties for strategy formulation, CAPEX, and Operational decisions

• Gain access to detailed insights on the Data Center Energy Storage market, encompassing current market size, growth trends, and forecasts till 2030.

• Access detailed competitor analysis, enabling competitive advantage through a thorough understanding of market players, strategies, and potential differentiation opportunities

• Stay ahead of the curve with insights on technological advancements, innovations, and upcoming trends

• Identify lucrative investment avenues and expansion opportunities within the Data Center Energy Storage industry, guided by robust, data-backed analysis.

• Understand regional and global markets through country-wise analysis, regional market potential, regulatory nuances, and dynamics

• Execute strategies with confidence and speed through information, analytics, and insights on the industry value chain

• Corporate leaders, strategists, financial experts, shareholders, asset managers, and governmental representatives can make long-term planning scenarios and build an integrated and timely understanding of market dynamics

• Benefit from tailored solutions and expert consultation based on report insights, providing personalized strategies aligned with specific business needs.

TABLE OF CONTENTS

1 INTRODUCTION TO 2024 Data Center Energy Storage MARKETS
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 RESEARCH METHODOLOGY
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 EXECUTIVE SUMMARY
3.1 Global Data Center Energy Storage Market Size Outlook, $ Million, 2021 to 2030
3.2 Data Center Energy Storage Market Outlook by Type, $ Million, 2021 to 2030
3.3 Data Center Energy Storage Market Outlook by Product, $ Million, 2021 to 2030
3.4 Data Center Energy Storage Market Outlook by Application, $ Million, 2021 to 2030
3.5 Data Center Energy Storage Market Outlook by Key Countries, $ Million, 2021 to 2030

4 MARKET DYNAMICS
4.1 Key Driving Forces of Data Center Energy Storage Industry
4.2 Key Market Trends in Data Center Energy Storage Industry
4.3 Potential Opportunities in Data Center Energy Storage Industry
4.4 Key Challenges in Data Center Energy Storage Industry
5 MARKET FACTOR ANALYSIS
5.1 Competitive Landscape
5.1.1 Global Data Center Energy Storage Market Share by Company
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis

6 GROWTH OUTLOOK ACROSS SCENARIOS
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 GLOBAL Data Center Energy Storage MARKET OUTLOOK BY SEGMENTS
7.1 Data Center Energy Storage Market Outlook by Segments
Type
Tier 1
Tier 2
Tier 3
Tier 4

Application
Banking, Financial Services, and Insurance (BFSI)
Healthcare
Manufacturing
Research and academia
Energy
Others


8 NORTH AMERICA Data Center Energy Storage MARKET ANALYSIS AND OUTLOOK TO 2030
8.1 Introduction to North America Data Center Energy Storage Markets in 2024
8.2 North America Data Center Energy Storage Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Data Center Energy Storage Market size Outlook by Segments, 2021-2030
Type
Tier 1
Tier 2
Tier 3
Tier 4

Application
Banking, Financial Services, and Insurance (BFSI)
Healthcare
Manufacturing
Research and academia
Energy
Others


9 EUROPE Data Center Energy Storage MARKET ANALYSIS AND OUTLOOK TO 2030
9.1 Introduction to Europe Data Center Energy Storage Markets in 2024
9.2 Europe Data Center Energy Storage Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Data Center Energy Storage Market size Outlook by Segments, 2021-2030
Type
Tier 1
Tier 2
Tier 3
Tier 4

Application
Banking, Financial Services, and Insurance (BFSI)
Healthcare
Manufacturing
Research and academia
Energy
Others


10 ASIA PACIFIC Data Center Energy Storage MARKET ANALYSIS AND OUTLOOK TO 2030
10.1 Introduction to Asia Pacific Data Center Energy Storage Markets in 2024
10.2 Asia Pacific Data Center Energy Storage Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Data Center Energy Storage Market size Outlook by Segments, 2021-2030
Type
Tier 1
Tier 2
Tier 3
Tier 4

Application
Banking, Financial Services, and Insurance (BFSI)
Healthcare
Manufacturing
Research and academia
Energy
Others


11 SOUTH AMERICA Data Center Energy Storage MARKET ANALYSIS AND OUTLOOK TO 2030
11.1 Introduction to South America Data Center Energy Storage Markets in 2024
11.2 South America Data Center Energy Storage Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Data Center Energy Storage Market size Outlook by Segments, 2021-2030
Type
Tier 1
Tier 2
Tier 3
Tier 4

Application
Banking, Financial Services, and Insurance (BFSI)
Healthcare
Manufacturing
Research and academia
Energy
Others


12 MIDDLE EAST AND AFRICA Data Center Energy Storage MARKET ANALYSIS AND OUTLOOK TO 2030
12.1 Introduction to Middle East and Africa Data Center Energy Storage Markets in 2024
12.2 Middle East and Africa Data Center Energy Storage Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Data Center Energy Storage Market size Outlook by Segments, 2021-2030
Type
Tier 1
Tier 2
Tier 3
Tier 4

Application
Banking, Financial Services, and Insurance (BFSI)
Healthcare
Manufacturing
Research and academia
Energy
Others


13 COMPANY PROFILES
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
- ABB Ltd.
- Delta Electronics, Inc.
- Eaton Corporation plc
- General Electric Company
- Huawei Technologies Co., Ltd.
- Legrand SA
- Mitsubishi Electric Corporation
- Saft Groupe SA
- Schneider Electric SE
- Vertiv Group Corporation


14 APPENDIX
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

Data Center Energy Storage Market Segmentation

Data Center Energy Storage refers to systems used in data centers to store electrical energy for backup power, load balancing, or cost management purposes, ensuring uninterrupted operations and efficient energy use.

By Type

• Tier 1

• Tier 2

• Tier 3

• Tier 4

 

By Application

• Banking, Financial Services, and Insurance (BFSI)

• Healthcare

• Manufacturing

• Research and academia

• Energy

• Others

 

By Region

• North America (United States, Canada, Mexico)

• Europe (Germany, France, United Kingdom, Spain, Italy, Others)

• Asia Pacific (China, India, Japan, South Korea, Australia, Others)

• Latin America (Brazil, Argentina, Others)

• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)