Data Center Substation Market Scope and Key Players Analysis by 2031
Data Center Substation Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 11.38 Billion |
Market Size by 2031 | US$ 18.47 Billion |
Global CAGR (2023 - 2031) | 6.2% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Data Center Substation Market News and Recent Developments
The data center substation market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the data center substation market are listed below:
- NTT Ltd. a leading IT infrastructure and services company, through NTT Global Data Centers Corporation (a subsidiary of NTT Ltd.), announced the launch of its new data center in NTT Cyberjaya campus. This facility, with an investment of over US$ 50 million (RM 234 million), aligns with Malaysia's digital growth vision, aiming for Malaysia to be an ‘Asian Digital Tiger’ by 2025. CBJ6, the sixth data center on NTT's campus, has a critical IT load of 7MW, 4,890m2 of space, two 33kV substations with diverse power reception and advanced cooling wall technology to maintain a stable environment for high-density racks up to 15kW. CBJ6 complements the Cyberjaya 5 (CBJ5) Data Center, built in 2021, the combined facility has 20,000m2 of space and a facility load of 22MW. (Source: NTT Ltd, Press Release, October 2023)
- Colt Data Centre Services (DCS), a global provider of hyperscale and large enterprise data center solutions, announced the launch of its first data center in India. The flagship Navi Mumbai data center marks Colt DCS’ strategic expansion and commitment to supporting the increasing demand of hyperscale cloud service providers and large enterprise businesses in the fast-growing Indian data center market. The data center boasts a highly resilient 220kV GIS substation onsite with LILO configuration. (Source: Colt Data Centre Services Holdings, Press Release, September 2023)
Data Center Substation Market Report Coverage and Deliverables
The “Data Center Substation Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- data center substation market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- data center substation market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- data center substation market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the data center substation market
- Detailed company profiles