Data Center Busway Market is Forecasted to Reach US$ 9.4 Billion in 2031, Says Stratview Research

The global data center busway market is projected to witness a growth rate of 16.3% annually from 2024 to 2031, with an anticipated size of US$ 9.4 billion by 2031, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global data center busway market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

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Report Highlights

Segment Insights on the Data Center Busway Market:

The report dives deep into the segmentation of the data center busway market based on critical parameters:

Based on Product Type - The data center busway market is classified into sandwich-style busway, track busway, and air-insulated busway based on product type. Sandwich-style busways are estimated to remain dominant in the forecasted period. The dominance of sandwich-style busways is attributed to their compact size, improved power density, and better thermal performance, allowing them to be the first choice for large-capacity and high-power data centers.

Track busways are estimated to grow at the highest rate, owing to benefits like future expansion compatibility and easier installation. On the other hand, the most rapid growth is powered by its scalability, modular nature, and ease of expansion. With the increasing adoption of AI and cloud computing, data centers increasingly need more flexible and easily reconfigurable power distribution solutions, thereby driving the demand for track busways.

Based on the Data Center Type - The data center busway market is segmented into hyperscale, colocation, and enterprise based on the type of data center. Colocation data centers are expected to dominate the market in the forecasted period. Colocation data centers possess the largest market share, fueled by the growth in demand from companies wanting cost-effective, scalable, and high-redundancy infrastructure without the capital expense of constructing their facilities. Increased acceleration in the cloud service provider market, digital transformation, and edge computing have fastened the adoption of colocation, driving demand for efficient and flexible power distribution solutions like busways.

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

North America's dominance is driven by the high density of hyperscale data centers, sophisticated digital infrastructure, and the pronounced presence of major cloud services in the form of AWS, Microsoft, and Google. Moreover, strict regulations regarding energy efficiency and sustainability fuel the use of cutting-edge power distribution solutions like busways in data centers throughout the region. At the same time, the Asia-Pacific is experiencing the fastest growth, propelled by accelerated digitalization, enhanced cloud adoption, and heavy data center infrastructure investment in China, India, and Southeast Asia. The growth in AI workloads, hyperscale facility expansion, and government-sponsored data localization drive the demand for high-efficiency power distribution technologies such as busways even higher, making the Asia-Pacific a major growth driver in the international market.

Data Center Busway Market Drivers:

Some of the key drivers listed in the report are given below.

• The growing demand for scalable and energy-efficient power distribution in data centers is a key driver for the busway market. As businesses increasingly rely on cloud computing, big data, and AI-driven applications, data centers must expand rapidly while ensuring optimal energy management.
• Busway systems offer a modular and flexible solution, reducing downtime and installation costs compared to traditional cable-based power distribution. Their ability to enhance power density, minimize heat loss, and improve operational efficiency makes them an attractive choice for modern IT infrastructures.

Top Companies in the Data Center Busway Market:

The global market for Data Center Busway is highly concentrated, with the top four companies capturing a lion’s share. Apart from technological expertise and financial capabilities, the growth of companies is directly dependent on government support and overall industry conditions. Stratview Research has identified the following companies as the top market players:

-          Schneider Electric SE

-          ABB Company

-          Vertiv Holdings Co.

-          Eaton Corporation PLC

-          Siemens AG

-          Legrand Group

-          Cummins Inc.

-          Mitsubishi Electric Company

-          S&C Electric Company Inc.

-          Delta Electronics Inc.

Note: The above list does not necessarily include all the top players in the market.

What Deliverables Will You Get in this Report?

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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