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Data Centre Transformers Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.
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Published date -30th Jan 2024
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Formats -PDF, CSV
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Region -Global
Data Centre Transformers Market Overview
1. What is the Market Size & CAGR of Data Centre Transformers market in 2021?
The global data centre transformers market had a market size of USD 2.5 billion in 2021 with a Compound Annual Growth Rate (CAGR) of 4.8%.
2. COVID-19 Impact on the Data Centre Transformers Market
The COVID-19 pandemic had a significant impact on the data centre transformers market. With the sudden surge in remote work and increased reliance on digital infrastructure, the demand for data centres and transformers witnessed a considerable rise.
3. Data Centre Transformers Dynamics
The dynamics of the data centre transformers market are driven by factors such as increasing data traffic, the adoption of cloud computing, technological advancements, and the need for energy-efficient solutions.
4. Segments and Related Analysis
The market is segmented based on type, capacity, end-user, and region. The key segments include low voltage transformers, medium voltage transformers, high voltage transformers, small capacity transformers, medium capacity transformers, large capacity transformers, IT & Telecom, BFSI, Healthcare, and others.
5. By Region Analysis
The market is analyzed across regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the market due to the presence of major data centre facilities.
6. Key Market Players and Competitive Landscape
Key players in the data centre transformers market include ABB Ltd, Schneider Electric, Siemens AG, Eaton Corporation, and General Electric Company. The market is highly competitive with players focusing on product innovation and strategic partnerships.
7. Recent Happenings in the Data Centre Transformers Market
In recent developments, Schneider Electric launched a new line of energy-efficient transformers for data centres. ABB Ltd announced a partnership with a leading data centre operator to provide integrated transformer solutions.