Market Share of Europe Data Center Power Industry
The Europe data center power market is moderately concentrated due to higher initial investments and low availability of resources. It is dominated by a few major players like Schneider Electric SE, Fujitsu Ltd, Cisco Technology Inc., Eaton Corporation, and ABB Ltd. These major players, with a prominent share in the market, focus on expanding their customer base across foreign countries. These companies leverage strategic collaborative initiatives to increase their market share and increase their profitability. However, with technological advancements and product innovations, mid-size to smaller companies have increased their market presence by securing new contracts and tapping new markets.
In November 2022, French industrial firm Legrand announced the acquisition of the UK's uninterrupted power supply (UPS) provider, Power Control. Power Control provides UPS products and industrial power systems, generators, and batteries to several industries, including data centers. The acquisition would allow Legrand and Power Control to help customers ensure they have proper UPS and other mission-critical power solutions to meet potential supply volatility over the coming months.
In June 2022, Microsoft announced signing a deal with Ireland-based Eaton that will make its data centers' backup power supplies systems part of the electricity grid, supporting the integration of renewable energy sources. Microsoft said it would use the smart UPS systems in key markets and participate in grid-stabilizing initiatives.
Europe Data Center Power Market Leaders
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Eaton Corporation Plc.
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Schneider Electric SE
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Fujitsu Ltd.
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ABB Ltd.
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Cisco Systems, Inc.
*Disclaimer: Major Players sorted in no particular order
