PUBLISHER: KBV Research | PRODUCT CODE: 1605477
PUBLISHER: KBV Research | PRODUCT CODE: 1605477
Asia Pacific Data Center Energy Storage Market Size, Share & Trends Analysis Report By Type (Tier 3, Tier 4, Tier 2, and Tier 1), By Application, By Country and Growth Forecast, 2024 - 2031
The Asia Pacific Data Center Energy Storage Market would witness market growth of 9.4% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Data Center Energy Storage Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $183.4 million by 2031. The Japan market is registering a CAGR of 8.8% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 10.2% during (2024 - 2031).
The growing emphasis on sustainability in the data center industry has led to increased integration of renewable energy sources, such as solar and wind, into their energy mix. However, renewable energy generation is intermittent, making it difficult to rely on them exclusively. Energy storage systems can store excess energy generated during periods of high renewable output and discharge it during low-output periods, ensuring a stable and consistent energy supply.
In addition, the adoption of energy storage technologies in data centers has accelerated in response to various factors, including increasing energy demands, regulatory pressures, and the need for sustainable energy solutions. Environmental sustainability is becoming a key focus for data center operators as they face increasing pressure from governments, regulators, and consumers to reduce their carbon footprints.
India's fintech industry is expanding rapidly, with projections indicating that it will grow from $50 billion in 2021 to $150 billion by 2025 and generate $2.1 trillion in opportunities by 2030. This expansion in the BFSI and fintech sectors is driving the demand for robust data center infrastructure to handle the massive volumes of financial transactions, data processing, and digital banking services. Data centers are critical in supporting the BFSI sector by providing the necessary infrastructure for data storage, transaction processing, and cybersecurity. Likewise, China is taking significant steps to regulate and guide data center construction to prevent haphazard development. By 2025, China aims to form an integrated infrastructure pattern with well-distributed green data centers and 5G networks. The country's focus on green data centers highlights its sustainability and energy efficiency commitment. By 2030, data center electricity consumption in China is expected to exceed 400 billion kWh, accounting for 3.7% of the country's total electricity consumption. Hence, the data center energy storage market is experiencing robust growth, fueled by the expanding BFSI sector in India and the increasing focus on green data centers in China.
Based on Type, the market is segmented into Tier 3, Tier 4, Tier 2, and Tier 1. Based on Application, the market is segmented into BFSI, Manufacturing, Retail & E-commerce, Healthcare, Entertainment & Media, and Other Application. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Schneider Electric SE
- Siemens AG
- General Electric Company
- Eaton Corporation plc
- ABB Group
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Delta Electronics, Inc.
- Mitsubishi Electric Corporation
- Legrand S.A. (Legrand Group)
- Vertiv Holdings Co.
Asia Pacific Data Center Energy Storage Market Report Segmentation
By Type
- Tier 3
- Tier 4
- Tier 2
- Tier 1
By Application
- BFSI
- Manufacturing
- Retail & E-commerce
- Healthcare
- Entertainment & Media
- Other Application
By Country
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Asia Pacific Data Center Energy Storage Market, by Type
- 1.4.2 Asia Pacific Data Center Energy Storage Market, by Application
- 1.4.3 Asia Pacific Data Center Energy Storage Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Aug - 2024, Jul) Leading Players
- 4.5 Porter Five Forces Analysis
Chapter 5. Asia Pacific Data Center Energy Storage Market by Type
- 5.1 Asia Pacific Tier 3 Market by Country
- 5.2 Asia Pacific Tier 4 Market by Country
- 5.3 Asia Pacific Tier 2 Market by Country
- 5.4 Asia Pacific Tier 1 Market by Country
Chapter 6. Asia Pacific Data Center Energy Storage Market by Application
- 6.1 Asia Pacific BFSI Market by Country
- 6.2 Asia Pacific Manufacturing Market by Country
- 6.3 Asia Pacific Retail & E-commerce Market by Country
- 6.4 Asia Pacific Healthcare Market by Country
- 6.5 Asia Pacific Entertainment & Media Market by Country
- 6.6 Asia Pacific Other Application Market by Country
Chapter 7. Asia Pacific Data Center Energy Storage Market by Country
- 7.1 China Data Center Energy Storage Market
- 7.1.1 China Data Center Energy Storage Market by Type
- 7.1.2 China Data Center Energy Storage Market by Application
- 7.2 Japan Data Center Energy Storage Market
- 7.2.1 Japan Data Center Energy Storage Market by Type
- 7.2.2 Japan Data Center Energy Storage Market by Application
- 7.3 India Data Center Energy Storage Market
- 7.3.1 India Data Center Energy Storage Market by Type
- 7.3.2 India Data Center Energy Storage Market by Application
- 7.4 South Korea Data Center Energy Storage Market
- 7.4.1 South Korea Data Center Energy Storage Market by Type
- 7.4.2 South Korea Data Center Energy Storage Market by Application
- 7.5 Australia Data Center Energy Storage Market
- 7.5.1 Australia Data Center Energy Storage Market by Type
- 7.5.2 Australia Data Center Energy Storage Market by Application
- 7.6 Malaysia Data Center Energy Storage Market
- 7.6.1 Malaysia Data Center Energy Storage Market by Type
- 7.6.2 Malaysia Data Center Energy Storage Market by Application
- 7.7 Rest of Asia Pacific Data Center Energy Storage Market
- 7.7.1 Rest of Asia Pacific Data Center Energy Storage Market by Type
- 7.7.2 Rest of Asia Pacific Data Center Energy Storage Market by Application
Chapter 8. Company Profiles
- 8.1 Schneider Electric SE
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expense
- 8.1.5 Recent strategies and developments:
- 8.1.5.1 Partnerships, Collaborations, and Agreements:
- 8.1.5.2 Product Launches and Product Expansions:
- 8.1.5.3 Acquisition and Mergers:
- 8.1.6 SWOT Analysis
- 8.2 Siemens AG
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expense
- 8.2.5 Recent strategies and developments:
- 8.2.5.1 Partnerships, Collaborations, and Agreements:
- 8.2.5.2 Product Launches and Product Expansions:
- 8.2.5.3 Acquisition and Mergers:
- 8.2.6 SWOT Analysis
- 8.3 General Electric Company
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expense
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Product Launches and Product Expansions:
- 8.3.6 SWOT Analysis
- 8.4 Eaton Corporation PLC
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expense
- 8.4.5 Recent strategies and developments:
- 8.4.5.1 Product Launches and Product Expansions:
- 8.4.5.2 Acquisition and Mergers:
- 8.4.6 SWOT Analysis
- 8.5 ABB Group
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expense
- 8.5.5 Recent strategies and developments:
- 8.5.5.1 Product Launches and Product Expansions:
- 8.5.6 SWOT Analysis
- 8.6 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expenses
- 8.6.5 Recent strategies and developments:
- 8.6.5.1 Product Launches and Product Expansions:
- 8.6.6 SWOT Analysis
- 8.7 Delta Electronics, Inc.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expenses
- 8.8 Mitsubishi Electric Corporation
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expense
- 8.8.5 SWOT Analysis
- 8.9 Legrand S.A. (Legrand Group)
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Regional Analysis
- 8.9.4 Research & Development Expense
- 8.9.5 SWOT Analysis
- 8.10. Vertiv Holdings Co.
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Regional Analysis
LIST OF TABLES
- TABLE 1 Asia Pacific Data Center Energy Storage Market, 2020 - 2023, USD Million
- TABLE 2 Asia Pacific Data Center Energy Storage Market, 2024 - 2031, USD Million
- TABLE 3 Partnerships, Collaborations and Agreements- Data Center Energy Storage Market
- TABLE 4 Product Launches And Product Expansions- Data Center Energy Storage Market
- TABLE 5 Acquisition and Mergers- Data Center Energy Storage Market
- TABLE 6 Asia Pacific Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
- TABLE 7 Asia Pacific Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
- TABLE 8 Asia Pacific Tier 3 Market by Country, 2020 - 2023, USD Million
- TABLE 9 Asia Pacific Tier 3 Market by Country, 2024 - 2031, USD Million
- TABLE 10 Asia Pacific Tier 4 Market by Country, 2020 - 2023, USD Million
- TABLE 11 Asia Pacific Tier 4 Market by Country, 2024 - 2031, USD Million
- TABLE 12 Asia Pacific Tier 2 Market by Country, 2020 - 2023, USD Million
- TABLE 13 Asia Pacific Tier 2 Market by Country, 2024 - 2031, USD Million
- TABLE 14 Asia Pacific Tier 1 Market by Country, 2020 - 2023, USD Million
- TABLE 15 Asia Pacific Tier 1 Market by Country, 2024 - 2031, USD Million
- TABLE 16 Asia Pacific Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
- TABLE 17 Asia Pacific Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
- TABLE 18 Asia Pacific BFSI Market by Country, 2020 - 2023, USD Million
- TABLE 19 Asia Pacific BFSI Market by Country, 2024 - 2031, USD Million
- TABLE 20 Asia Pacific Manufacturing Market by Country, 2020 - 2023, USD Million
- TABLE 21 Asia Pacific Manufacturing Market by Country, 2024 - 2031, USD Million
- TABLE 22 Asia Pacific Retail & E-commerce Market by Country, 2020 - 2023, USD Million
- TABLE 23 Asia Pacific Retail & E-commerce Market by Country, 2024 - 2031, USD Million
- TABLE 24 Asia Pacific Healthcare Market by Country, 2020 - 2023, USD Million
- TABLE 25 Asia Pacific Healthcare Market by Country, 2024 - 2031, USD Million
- TABLE 26 Asia Pacific Entertainment & Media Market by Country, 2020 - 2023, USD Million
- TABLE 27 Asia Pacific Entertainment & Media Market by Country, 2024 - 2031, USD Million
- TABLE 28 Asia Pacific Other Application Market by Country, 2020 - 2023, USD Million
- TABLE 29 Asia Pacific Other Application Market by Country, 2024 - 2031, USD Million
- TABLE 30 Asia Pacific Data Center Energy Storage Market by Country, 2020 - 2023, USD Million
- TABLE 31 Asia Pacific Data Center Energy Storage Market by Country, 2024 - 2031, USD Million
- TABLE 32 China Data Center Energy Storage Market, 2020 - 2023, USD Million
- TABLE 33 China Data Center Energy Storage Market, 2024 - 2031, USD Million
- TABLE 34 China Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
- TABLE 35 China Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
- TABLE 36 China Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
- TABLE 37 China Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
- TABLE 38 Japan Data Center Energy Storage Market, 2020 - 2023, USD Million
- TABLE 39 Japan Data Center Energy Storage Market, 2024 - 2031, USD Million
- TABLE 40 Japan Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
- TABLE 41 Japan Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
- TABLE 42 Japan Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
- TABLE 43 Japan Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
- TABLE 44 India Data Center Energy Storage Market, 2020 - 2023, USD Million
- TABLE 45 India Data Center Energy Storage Market, 2024 - 2031, USD Million
- TABLE 46 India Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
- TABLE 47 India Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
- TABLE 48 India Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
- TABLE 49 India Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
- TABLE 50 South Korea Data Center Energy Storage Market, 2020 - 2023, USD Million
- TABLE 51 South Korea Data Center Energy Storage Market, 2024 - 2031, USD Million
- TABLE 52 South Korea Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
- TABLE 53 South Korea Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
- TABLE 54 South Korea Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
- TABLE 55 South Korea Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
- TABLE 56 Australia Data Center Energy Storage Market, 2020 - 2023, USD Million
- TABLE 57 Australia Data Center Energy Storage Market, 2024 - 2031, USD Million
- TABLE 58 Australia Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
- TABLE 59 Australia Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
- TABLE 60 Australia Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
- TABLE 61 Australia Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
- TABLE 62 Malaysia Data Center Energy Storage Market, 2020 - 2023, USD Million
- TABLE 63 Malaysia Data Center Energy Storage Market, 2024 - 2031, USD Million
- TABLE 64 Malaysia Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
- TABLE 65 Malaysia Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
- TABLE 66 Malaysia Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
- TABLE 67 Malaysia Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
- TABLE 68 Rest of Asia Pacific Data Center Energy Storage Market, 2020 - 2023, USD Million
- TABLE 69 Rest of Asia Pacific Data Center Energy Storage Market, 2024 - 2031, USD Million
- TABLE 70 Rest of Asia Pacific Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
- TABLE 71 Rest of Asia Pacific Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
- TABLE 72 Rest of Asia Pacific Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
- TABLE 73 Rest of Asia Pacific Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
- TABLE 74 Key Information - Schneider Electric SE
- TABLE 75 Key Information - Siemens AG
- TABLE 76 Key Information - General Electric Company
- TABLE 77 Key Information - Eaton Corporation PLC
- TABLE 78 Key Information - ABB Group
- TABLE 79 Key Information - Huawei Technologies Co., Ltd.
- TABLE 80 Key Information - Delta Electronics, Inc.
- TABLE 81 Key Information - Mitsubishi Electric Corporation
- TABLE 82 key Information - Legrand S.A.
- TABLE 83 Key Information - Vertiv Holdings Co.
