Report : North America Data Center Generator Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Diesel, Natural Gas, and Others), Capacity (Below 1 MW, 1-2 MW, and Greater than 2 MW), and Tier (Tier 1 and 2, Tier 3, and Tier 4)
North America Data Center Generator Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Diesel, Natural Gas, and Others), Capacity (Below 1 MW, 1–2 MW, and Greater than 2 MW), and Tier (Tier 1 and 2, Tier 3, and Tier 4)
Diesel segment to dominate the North America Data Center Generator Market during 2020–2028
According to a new market research study on “North America Data Center Generator Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Material and Application” is expected to reach US$ 2,131.43 million by 2028 from US$ 1,715.43 million in 2021. The market is estimated to grow at a CAGR of 3.2% from 2021 to 2028. The report provides trends prevailing in the North America data center generator market along with the drivers and restraints pertaining to the market growth. Growing number of data centers, surging backup power supply requirements in data centers, and rise in use of renewable energy in data centers are the major factor driving the growth of the North America data center generator market. However, higher fuel management problems in data centers causing downtime hinders the growth of North America data center generator market.
The North America data center generator market is segmented on the basis of product type, capacity, tire, and country. Based on product type, the market is segmented into diesel, natural gas, and bi-fuel. In 2020, the diesel segment held a larger share of the market; and natural gas is expected to register a higher CAGR during the forecast period. Based on capacity, the North America data center generator market is segmented into less than 1MW, 1MW-2MW, and greater than 2 MW. In 2020, the less than 1MW segment held the largest market share; and it is also expected to register the highest CAGR in the market during the forecast period. Based on tire, the market is segmented into tier 1 and tier 2, tier 3, and tier 4. In 2020, the tier 3 segment held a larger share of the market; and tier 4 is also expected to register a higher CAGR during the forecast period. Based on country, the North America data center generator market is segmented into the US, Canada, and Mexico. In 2020, the US held the largest market share; and Canada is expected to grow at the fastest CAGR during the forecast period.
ABB Ltd; Atlas Copco AB; Caterpillar Inc.; Cummins Inc.; DEUTZ AG; GENERAC POWER SYSTEMS INC.; HITEC POWER PROTECTION; Kohler Co.; and Mitsubishi Heavy Industries, Ltd. are among the leading companies in the North America data center generator market. For instance, Atlas Copco has acquired the operating assets of Compressed Air System, Inc. (CAS) it enable to reach the goal to get closer to customers.
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