Data Center Transformer Market Worth to Reach USD 8158.42 MN By 2027
Posted On May 10, 2021
The Global Data Center Transformer Market report evaluates the market revenue to reach USD 8158.42 MN BN mark in 2027. The CAGR is expected to be close to 6.5% from 2021 till the end of 2027 according to the newly published report by Value Market Research. The rapid proliferation of the internet and data centers playing a significant role in modern cloud-based systems are the main trending factors for the data center transformer market. The increasing digitalization of almost every industrial sector and the need for uninterrupted flow of data absolutely essential for day-to-day operations will further propel market growth. Datacenter owners, collocation providers, and cloud providers, continuously exploring different ways to make their facilities power-efficient, will benefit market growth. The advances in energy sources like renewables will have a profound impact on the market. The high costs are one of the significant constraints of the market.
A data center transformer is a three-phase medium voltage step-down electric device used to maintain a constant power supply in data Center facilities. The transformer provides uninterrupted power that is reliable, efficient, and safe to data centers. There are two types of transformers used in a new data center: dry-type and oil-filled type. Dry-type transformers most commonly used increase the reliability, the safety of electrical systems and yield significant savings during installation and operation. These transformers are generally housed indoors to avoid hacking and require little or no maintenance. The risk of fires or spills is wholly removed. Smart transformers equipped with intelligent electronic devices and control systems to monitor the various parts' behavior and power fluctuations are available remotely.
The market dynamics covered in the report "Global Data Center Transformer Market Report By Insulation (Liquid, Dry) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" gives a holistic scope of the market along with the market forecasts.
On the basis of Insulation the market is segmented into Liquid, Dry. Geographically the research study provides data on North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions. Each region is segregated into North America (North America, United State and Rest of North America), Europe (United Kingdom, France, Germany, and Rest of Europe), Asia Pacific (China, Japan, India, Rest of Asia Pacific), Latin America (Brazil, Rest of Latin America) and Middle East & Africa. This section provides the estimates of market by segment. This section provides the estimates of market by segment thus, providing valuable data to take strategic decisions.
The Report Segments Global Data Center Transformer Market -
- North America
- The Asia Pacific
- Latin America
- The Middle East and Africa
Players Profiled In the Report:
ABB Ltd., General Electric, ETH Zurich, LeGrand, Siemens, Vatransformer, Tripp Lite, Eaton, Hyosung Heavy Industries, Schneider Electric, Tripp Lite, and Vertiv Co.
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