Philippines Data Center Power Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 411.5 Million |
| Market Size (2029) | USD 754.20 Million |
| CAGR (2024 - 2029) | 12.49 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Philippines Data Center Power Market Analysis
The Philippines Data Center Power Market size is estimated at USD 411.5 million in 2024, and is expected to reach USD 754.20 million by 2029, growing at a CAGR of 12.49% during the forecast period (2024-2029).
The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.
- Under Construction IT Load Capacity: The upcoming IT load capacity of the Philippine data center market is expected to reach 954.2 MW by 2029.
- Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 5.3 million sq. ft by 2029.
- Planned Racks: The country's total number of racks to be installed is expected to reach 266,405 units by 2029. NCR is expected to house the maximum number of racks by 2029.
- Planned Submarine Cables: There are close to 40 submarine cable systems connecting the Philippines, and many are under construction. One such submarine cable that is estimated to start service in 2024 is Apricot, which stretches over 11,972 km from Baler to Davao.
- The government is considering using power-saving measures such as subsidies to increase energy efficiency or productivity and move toward a low-carbon system to solve the electricity problem and crisis. In support of such policies and to reduce energy consumption, key market players are focusing on introducing efficient power management systems such as PDUs, busways, and UPS for the purpose of controlling unnecessary expenditures in data centers, which is expected to increase market growth.
Philippines Data Center Power Market Trends
The IT & Telecom Segment is Expected to Hold a Significant Market Share
- The BFSI and cloud segments are expected to grow proportionally, followed by other end users such as telecom, government, e-commerce, and media & entertainment.
- The IT load capacity of the BFSI segment is expected to register a CAGR of 15.18% during the forecast period, increasing from 39.7 MW in 2022 to 86.8 by 2029. As of 2021, the IT load capacity of the segment was 21.2 MW.
- With online gaming and streaming content services gaining traction in the Philippine market, the media & entertainment segment is expected to increase its data consumption from 41.4 MW in 2022 to 109.9 MW by the end of the forecast period, recording a CAGR of 14.97%.
- Manufacturing and healthcare are also expected to grow in the future. The implementation of Industry 4.0 standards is expected to automate the end-user industries and generate huge amounts of data.
- The manufacturing segment's consumption is expected to increase from 6.5 MW in 2022 to 11.6 MW by 2029, recording a CAGR of 8.5%. Though the healthcare segment is at the nascent stage, it is expected to grow due to its high potential in the near future.
Monitored PDUs Hold a Significant Share in the Market
- Monitored rack PDUs are essential components in data center and server room infrastructure, providing real-time monitoring of power usage, voltage, current, and other electrical parameters. This data helps administrators make informed decisions about power allocation and capacity planning.
- By tracking power usage trends, administrators can plan for future growth and ensure that power capacity is not exceeded, preventing overloads that could lead to equipment failures. Also, it helps identify inefficiencies and optimize energy usage. This can lead to cost savings and a reduced environmental footprint by eliminating unnecessary power consumption. Also, it allows administrators remote access and control, reducing the need for physical presence and minimizing operational disruptions.
- Increasing focus on digitalization, internet penetration, and e-commerce sales across the country creates more need for storage facilities, resulting in huge demand for data centers and a rise in power consumption. The increased demand for data storage has led to the deployment of intelligent power distribution units (PDUs) against simple multi-socket rack installations with server and network equipment, which optimize power consumption in data centers.
- Because of the advancements mentioned with monitored PDUs and the necessity to reduce electricity consumption as per government measures in the country, key market players are focusing on introducing efficient power management systems. In May 2023, Eaton, which provides power management services, launched G3 Universal Input Rack PPDUs with dynamic C39 outlets capable of accommodating different plug configurations and input voltage requirements. To meet the most diverse data center rack power requirements, G3UPDU added new features.
- There are five mega-sized data centers under construction. The major players involved in the mega-size data center segment are Globe+STT GDC+ Ayala Corporation (Karmanedge Inc.) and Diode Ventures + Endec Group +B&V. The IT load capacity under construction is more than 200 MW.
Philippines Data Center Power Industry Overview
The Philippine data center power market is highly concentrated, with the presence of multiple vendors. Players are adopting several strategies, such as mergers and acquisitions (M&A), collaborations, partnerships, etc. Various initiatives are being undertaken by governmental bodies as well as private data center construction, creating intense competition. Key players in the market include Schneider Electric SE, ABB Ltd, Rittal GmbH & Co. KG, Fujitsu Limited, and Legrand Group.
March 2024: Schneider Electric announced its expansion of US manufacturing facilities at two locations to support critical infrastructure of data centers and other industries. The company plans to manufacture electrical switchgear and medium-voltage power distribution products at both locations.
February 2024: Enlogic, a significant provider of power products, announced two new PDUs to its extensive iPDU product line: Horizontal & Vertical high AMP PDUs. They included a High Amp Vertical PDU with combination and locking combination outlet and a Horizontal high Amp PDU (100/125A) with combination and locking combination outlets of C13/C15 and C13/C15/C19/C21, offering versatility and flexibility.
Philippines Data Center Power Market Leaders
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ABB Ltd.
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Schneider Electric SE
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Rittal GmbH & Co. KG
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Fujitsu Limited
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Legrand Group
*Disclaimer: Major Players sorted in no particular order
Philippines Data Center Power Market News
- 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, with an online uninterruptible power supply (UPS) system for 5kVA-10kVA 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.
Philippines Data Center Power Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumption & Market Definition
- 1.2 Scope of the Study
2. Research Methodology
3. Executive Summary
4. Market Dynamics
- 4.1 Market Overview
-
4.2 Market Drivers
- 4.2.1 Rising Adoption of Mega Data Centers and Cloud Computing
- 4.2.2 Increasing Demand to Reduce Operational Costs
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4.3 Market Restraints
- 4.3.1 High Cost of Installation and Maintenance
- 4.4 Value Chain / Supply Chain Analysis
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4.5 Industry Attractiveness - Porter's Five Forces Analysis
- 4.5.1 Threat of New Entrants
- 4.5.2 Bargaining Power of Buyers/Consumers
- 4.5.3 Bargaining Power of Suppliers
- 4.5.4 Threat of Substitute Products
- 4.5.5 Intensity of Competitive Rivalry
- 4.6 Assessment of COVID-19 Impact
5. MARKET SEGMENTATION
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5.1 Power Infrastructure
- 5.1.1 Electrical Solution
- 5.1.1.1 UPS Systems
- 5.1.1.2 Generators
- 5.1.1.3 Power Distribution Solutions
- 5.1.1.3.1 PDU
- 5.1.1.3.2 Switchgear
- 5.1.1.3.3 Critical Power Distribution
- 5.1.1.3.4 Transfer Switches
- 5.1.1.3.5 Remote Power Panels
- 5.1.1.3.6 Others
- 5.1.2 Service
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5.2 End User
- 5.2.1 IT & Telecommunication
- 5.2.2 BFSI
- 5.2.3 Government
- 5.2.4 Media & Entertainment
- 5.2.5 Other End User
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 ABB Ltd
- 6.1.2 Caterpillar Inc.
- 6.1.3 Cummins Inc.
- 6.1.4 Eaton Corporation
- 6.1.5 Legrand Group
- 6.1.6 Rolls-Royce PLC
- 6.1.7 Vertiv Group Corp.
- 6.1.8 Schneider Electric SE
- 6.1.9 Rittal GmbH & Co. KG
- 6.1.10 Fujitsu Limited
- 6.1.11 Cisco Systems Inc.
- *List Not Exhaustive
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityPhilippines Data Center Power Industry Segmentation
Data center power refers to the power infrastructure, including 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 data center redundancy through duplicated components to maintain uninterrupted operations in the event of failure of some components and to maintain uptime during maintenance.
The Philippine data center power market is segmented by power infrastructure (electrical solution (UPS systems, generators, power distribution solutions (PDU, switchgear, critical power distribution, transfer switches, remote power panels, and others)), and services) 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.
| Power Infrastructure | Electrical Solution | UPS Systems | |
| Generators | |||
| Power Distribution Solutions | PDU | ||
| Switchgear | |||
| Critical Power Distribution | |||
| Transfer Switches | |||
| Remote Power Panels | |||
| Others | |||
| Power Infrastructure | Service | ||
| End User | IT & Telecommunication | ||
| BFSI | |||
| Government | |||
| Media & Entertainment | |||
| Other End User |
Philippines Data Center Power Market Research FAQs
How big is the Philippines Data Center Power Market?
The Philippines Data Center Power Market size is expected to reach USD 411.5 million in 2024 and grow at a CAGR of 12.49% to reach USD 754.20 million by 2029.
What is the current Philippines Data Center Power Market size?
In 2024, the Philippines Data Center Power Market size is expected to reach USD 411.5 million.
Who are the key players in Philippines Data Center Power Market?
ABB Ltd., Schneider Electric SE, Rittal GmbH & Co. KG, Fujitsu Limited and Legrand Group are the major companies operating in the Philippines Data Center Power Market.
What years does this Philippines Data Center Power Market cover, and what was the market size in 2023?
In 2023, the Philippines Data Center Power Market size was estimated at USD 360.10 million. The report covers the Philippines Data Center Power Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Philippines Data Center Power Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Philippines Data Center Power Industry Report
Statistics for the 2024 Philippines Data Center Power market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Philippines Data Center Power analysis includes a market forecast outlook for 2024 to (2024to2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
