How big is the Norway Data Center Power Market?

The Norway Data Center Power Market size is expected to reach USD 256.10 million in 2024 and grow at a CAGR of 8.90% to reach USD 393.80 million by 2029. Read More

What is the current Norway Data Center Power Market size?

In 2024, the Norway Data Center Power Market size is expected to reach USD 256.10 million. Read More

Who are the key players in Norway Data Center Power Market?

ABB Ltd., Eaton Corporation, Schneider Electric SE, Cisco Systems Inc. and Fujitsu Limited are the major companies operating in the Norway Data Center Power Market. Read More

What years does this Norway Data Center Power Market cover, and what was the market size in 2023?

In 2023, the Norway Data Center Power Market size was estimated at USD 233.31 million. The report covers the Norway Data Center Power Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Norway Data Center Power Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Norway Data Center Power Market Size & Share Analysis - Industry Research Report

Norway Data Center Power Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Norway Data Center Power Market Report is Segmented by Power Infrastructure (Electrical Solutions (UPS Systems, Generators, Power Distribution Solutions (PDU, Switchgear, Critical Power Distribution, Transfer Switches, Remote Power Panels, and Other Power Distribution Solutions)), and Service) and End User (IT & Telecommunication, BFSI, Government, Media & Entertainment, and Other End Users). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Norway Data Center Power Industry Overview

The data center power market in Norway 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 market share, 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. For instance,

April 2024: Vertiv, a significant provider of critical digital infrastructure and continuity solutions, introduced the extension of the Vertiv Liebert GXT5 Lithium-Ion double-conversion, online uninterruptible power supply (UPS) system for 5 kVA-10 kVA Global Voltage (GV) (200 V-240 V; Default 230 V) applications.
January 2024: Caterpillar Inc. partnered with Microsoft and Ballard Power Systems to test the use of large-format hydrogen fuel cells as a reliable and eco-friendly backup power source for multi-megawatt data centers. Hydrogen fuel cells are seen as a possible low-carbon alternative to diesel backup generators, which is expected to drive the growth of DC generators.