North America Data Center Power Market Size (2024 - 2029)

The North America Data Center Power Market is experiencing significant growth, driven by the increasing demand for energy-intensive data centers that support the expanding IT infrastructure and cloud-oriented operations. This growth underscores the importance of a reliable power supply for the continuous operation of data centers and server spaces. As the market evolves, the capacity for IT load, raised floor space, and the number of racks are all expected to expand substantially, reflecting the rising need for data processing and storage solutions in the region.

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Market Size of North America Data Center Power Industry

North America Data Center Power Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 14.80 Billion
Market Size (2030) USD 22 Billion
CAGR (2024 - 2030) 6.83 %
Market Concentration Medium

Major Players

North America Data Center Power Market Major Players

*Disclaimer: Major Players sorted in no particular order

North America Data Center Power Market Analysis

The North America Data Center Power Market size is estimated at USD 14.80 billion in 2024, and is expected to reach USD 22 billion by 2030, growing at a CAGR of 6.83% during the forecast period (2024-2030).

Data centers are among the most energy-intensive building types, which consume 10 to 50 times the energy per floor space as a typical commercial office building. These spaces contribute to approximately 2% of the total US electricity use, and as the country’s use of information technology grows, data centers and servers are likely to need more energy as well. The growing establishment of IT infrastructure, mechanization, and cloud-oriented operations has additionally highlighted the significance of constant power supply and steady operation of data centers and server spaces, leading to the growth of the market.

  • Under Construction IT Load Capacity: The upcoming IT load capacity of the North American data center market is expected to reach above 25,000 MW by 2030.
  • Under Construction Raised Floor Space: The country's construction of raised floor areas is expected to exceed 85 million sq. ft. by 2030.
  • Planned Racks: The region's total number of racks to be installed is expected to reach more than 4 million units by 2030. The United States is expected to house the maximum number of racks by 2030.
  • Planned Submarine Cables: Close to 100 submarine cable systems connect North America, and many are under construction. One such cable, GigNet-1, started its service in 2023. It stretches over 1,104 kilometers and has landing points in Boca Raton, United States.

North America Data Center Power Industry Segmentation

Data center power refers to the power infrastructure, which includes electrical components and electrical distribution systems that provide the power necessary to operate and support the devices and servers within the data center. It includes various components and technologies designed to ensure a reliable, uninterruptible power supply for data center IT equipment, including, uninterruptible power supplies (UPS), power distribution units (PDU), backup generators, and other power management solutions tailored to the specific needs of data centers. Data center operators achieve redundancy through duplicated components to maintain uninterrupted operations in the event of failure of some components and to maintain uptime during maintenance.

The North American data center power market is segmented by type (by solution (power distribution solution (PDU – basic & smart – metered & switched solutions, transfer switches (static, automatic), switchgear (low-voltage, medium-voltage), power panels & components, others)), power backup solutions (UPS, generators)), by service (design & consulting, integration, support & maintenance)), by data center type (colocation, enterprise & cloud, and hyperscaler), by end user (IT & telecom, BFSI, government, media & entertainment, manufacturing, and other end user) and country (United States, Canada). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Type
By Solution Type
Power Distribution Solution
Power Back Up Solutions
By Service (Design & Consulting, Integration, Support & Maintenance)
By Data Center Type
Colocation
Enterprise & Cloud
Hyperscalers
By End-user Application
BFSI
IT and Telecom
Government
Manufacturing
Media & Entertainment
Other End User
By Country
United States
Canada
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North America Data Center Power Market Size Summary

The North American data center power market is poised for significant growth, driven by the increasing demand for energy-intensive data centers that support the burgeoning IT infrastructure and cloud-oriented operations. As data centers consume substantially more energy than typical commercial buildings, their expansion is closely linked to the rise in information technology usage across the region. The market is characterized by the need for reliable power supply solutions, such as Power Distribution Units (PDUs) and Uninterruptible Power Supplies (UPSs), to support the scalable and flexible operations of cloud computing and mega data centers. The ongoing shift towards high-performance computing and the expansion of 5G networks are further propelling the demand for advanced power infrastructure, as these technologies require robust data transfer capabilities and substantial power resources.

The competitive landscape of the North American data center power market is moderately fragmented, with key players like ABB Ltd, Siemens AG, and Schneider Electric SE actively expanding their market presence through strategic collaborations and product innovations. The market is also witnessing significant investments in data center construction and power infrastructure, supported by economic incentives and tax benefits in various states. These developments are complemented by technological advancements, such as the introduction of next-generation PDUs and intelligent rack solutions, which enhance power management and support higher rack densities. As the market continues to evolve, the focus on expanding production capacities and developing new solutions is expected to drive further growth, positioning North America as a leading region in the global data center power market.

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North America Data Center Power Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

      1. 1.1.1 Industry Attractiveness - Porter's Five Forces Analysis

        1. 1.1.1.1 Bargaining Power of Suppliers

        2. 1.1.1.2 Bargaining Power of Buyers

        3. 1.1.1.3 Threat of New Entrants

        4. 1.1.1.4 Threat of Substitutes

        5. 1.1.1.5 Intensity of Competitive Rivalry

    2. 1.2 Impact of the Recent Geopolitical Developments of Data Center Infrastructure Market

    3. 1.3 Industry Ecosystem Analysis - Data Center Power Infrastructure

    4. 1.4 Market Drivers

      1. 1.4.1 Rising Adoption of Mega Data Centers and Cloud Computing

      2. 1.4.2 Increasing Demand to Reduce Operational Costs

    5. 1.5 Market Challenges

      1. 1.5.1 High Cost of Installation and Maintenance

    6. 1.6 Market Opportunities

      1. 1.6.1 Emergence of Green Data Centers and Increasing Energy Efficiency in Existing DC Facilities

    7. 1.7 Analysis of Key Trends in Data Center Power & Back-up Solutions

      1. 1.7.1 Advancements in Microgrid and Move Toward Renewable Energy-based Sources

      2. 1.7.2 Emergence of Software-defined Power Solutions

      3. 1.7.3 Adoption of Advanced UPS Solution

    8. 1.8 Current Regulatory Scenario and Standards Related to Power Consumption in Data Center in North America

  2. 2. NORTH AMERICA DATA CENTER POWER MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 By Solution Type

        1. 2.1.1.1 Power Distribution Solution

        2. 2.1.1.2 Power Back Up Solutions

      2. 2.1.2 By Service (Design & Consulting, Integration, Support & Maintenance)

    2. 2.2 By Data Center Type

      1. 2.2.1 Colocation

      2. 2.2.2 Enterprise & Cloud

      3. 2.2.3 Hyperscalers

    3. 2.3 By End-user Application

      1. 2.3.1 BFSI

      2. 2.3.2 IT and Telecom

      3. 2.3.3 Government

      4. 2.3.4 Manufacturing

      5. 2.3.5 Media & Entertainment

      6. 2.3.6 Other End User

    4. 2.4 By Country

      1. 2.4.1 United States

      2. 2.4.2 Canada

North America Data Center Power Market Size FAQs

The North America Data Center Power Market size is expected to reach USD 14.80 billion in 2024 and grow at a CAGR of 6.83% to reach USD 22 billion by 2030.

In 2024, the North America Data Center Power Market size is expected to reach USD 14.80 billion.

North America Data Center Power Market Report Snapshots

North America Data Center power Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)