Story image

Rising demand for data centers strikes growth for power system market in APAC

02 Feb 2017

The global direct current (DC) power system market is expected to grow at a CAGR of close to 5% during 2017-2021.

That’s according to a recent research report by Technavio, covering the market outlook growth prospects of the global DC power system market for the growth period.

The market is also categorized into four main end-user segments, including telecom, industrial, and commercial, and others.

Bharath Kanniappan, a lead automation research expert from Technavio, says the growth expectation is down to increased use of LED lighting and rising demand for data centers, drving both the residential and commercial segments during the forecast period.

“Also, renewable energy and embedded power systems are expected to drive the industrial segment,” he says.

Technavio’s industrial automation research analysts segment the global DC power system market into APAC, the Americas and EMEA.

In 2016, with a market share of close to 39%, the Americas emerged as the market leader in the global DC power system market, followed by EMEA with 32% and APAC with around 29%.

Within the Asia Pacific region, Technavio discovered increased demand from telecom and industrial sectors.

The smartphone penetration in APAC increased from 36% to 44% during 2014-2016.

However, India, Thailand, and the Philippines still have less than 40% of the market.

Technavio expects that during the forecast period, the telecom infrastructure in India will see high growth due to the growing number of smartphone users and increased mobile data penetration.

“Moreover, the governments' initiative to promote the use of renewable energy in China and India should also drive the DC power system market in APAC during the forecast period,” adds Kanniappan.

The top vendors in the global DC power system market as highlighted from this report are Artesyn Embedded Technologies, Delta Electronics, GE Industrial Solutions, Huawei and Lite-On Power System Solutions. 

Bluzelle launches data delivery network to futureproof the edge
“Currently applications are limited to data caching technologies that require complex configuration and management of 10+ year old technology constrained to a few data centers."
DDN completes Nexenta acquisition
DDN holds a suite of products, solutions, and services that aim to enable AI and multi-cloud.
Trend Micro introduces cloud and container workload security offering
Container security capabilities added to Trend Micro Deep Security have elevated protection across the DevOps lifecycle and runtime stack.
Veeam joins the ranks of $1bil-revenue software companies
It’s also marked a milestone of 350,000 customers and outlined how it will begin the next stage of its growth.
Veeam enables secondary storage solutions with technology partner program
Veeam has worked with its strategic technology alliance partners to provide flexible deployment options for customers that have continually led to tighter levels of integration.
Veeam Availability Orchestrator update aims to democratise DR
The ability to automatically test, document and reliably recover entire sites, as well as individual workloads from backups in a completely orchestrated way lowers the total cost of ownership (TCO) of DR.
Why flash should be considered the storage king
Not only is flash storage being used for recovery, it has found a role in R&D environments and in the cloud with big players including AWS, Azure and Google opting for block flash storage options.
NVIDIA's data center business slumps 10% in one year
The company recently released its Q1 financial results for fiscal 2020, which puts the company’s revenue at US$2.22 billion – a slight raise from $2.21 billion in the previous quarter.