The North America Data Center Transformer Market is expected to witness market growth of 5.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America Data Center Transformer Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $2.96 billion by 2031. The Canada market is experiencing a CAGR of 7.6% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 6.8% during 2024-2031.
The market has witnessed significant growth over the last decade due to the rapid expansion of data centers globally. As the backbone of the digital world, data centers are critical infrastructure that supports a wide array of services, from cloud computing and data storage to e-commerce, social media, and enterprise applications. These facilities are essential for processing, managing, and storing vast amounts of data, making their operation crucial to nearly every industry. A key component of ensuring the smooth operation of data centers is a reliable, efficient power distribution system, where data center transformers play a pivotal role.
Data center transformers serve multiple critical applications within the data center environment, contributing to these massive facilities’ overall stability and functionality. The primary role of a transformer is to change the voltage of incoming electrical power to a level compatible with the equipment inside the data center. This process ensures that the servers, storage units, networking hardware, and cooling systems receive optimal power for optimal performance.
The Canadian government’s support for AI development fosters data center growth. Initiatives to promote AI innovation are leading to higher investments in data center infrastructure, creating a greater need for reliable power systems, including transformers that can accommodate the increasing energy requirements of AI operations. Also, as AI-driven cloud services expand, Canadian cloud providers need more data centers to store and process large datasets. This drives demand for transformers that can handle the high power loads required for cloud-based AI applications, supporting the growth of data center transformer market in Canada. Thus, Mexico’s rising internet penetration and growing AI adoption in Canada drive increased demand for data center transformers, fueling market growth.
The US market dominated the North America Data Center Transformer Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $2.96 billion by 2031. The Canada market is experiencing a CAGR of 7.6% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 6.8% during 2024-2031.
The market has witnessed significant growth over the last decade due to the rapid expansion of data centers globally. As the backbone of the digital world, data centers are critical infrastructure that supports a wide array of services, from cloud computing and data storage to e-commerce, social media, and enterprise applications. These facilities are essential for processing, managing, and storing vast amounts of data, making their operation crucial to nearly every industry. A key component of ensuring the smooth operation of data centers is a reliable, efficient power distribution system, where data center transformers play a pivotal role.
Data center transformers serve multiple critical applications within the data center environment, contributing to these massive facilities’ overall stability and functionality. The primary role of a transformer is to change the voltage of incoming electrical power to a level compatible with the equipment inside the data center. This process ensures that the servers, storage units, networking hardware, and cooling systems receive optimal power for optimal performance.
The Canadian government’s support for AI development fosters data center growth. Initiatives to promote AI innovation are leading to higher investments in data center infrastructure, creating a greater need for reliable power systems, including transformers that can accommodate the increasing energy requirements of AI operations. Also, as AI-driven cloud services expand, Canadian cloud providers need more data centers to store and process large datasets. This drives demand for transformers that can handle the high power loads required for cloud-based AI applications, supporting the growth of data center transformer market in Canada. Thus, Mexico’s rising internet penetration and growing AI adoption in Canada drive increased demand for data center transformers, fueling market growth.
List of Key Companies Profiled
- Schneider Electric SE
- Siemens AG
- General Electric Company
- Eaton Corporation plc
- ABB Group
- Hitachi, Ltd
- Toshiba Corporation
- Mitsubishi Electric Corporation
- Legrand S.A. (Legrand Group)
- Vertiv Holdings Co.
Market Report Segmentation
By Insulation Type
- Oil Immersed
- Dry
By Voltage
- 1,250-3,750 kVA
- 625-1,250 kVA
- Below 625 kVA
- Over 3,750 kVA
By Channel Partners
- OEMs
- Distributors
- Online Retailers
- Electrical Contractors
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Data Center Transformer Market by Insulation Type
Chapter 6. North America Data Center Transformer Market by Voltage
Chapter 7. North America Data Center Transformer Market by Channel Partners
Chapter 8. North America Data Center Transformer Market by Country
Chapter 9. Company Profiles
Companies Mentioned
Some of the leading companies profiled in this North America Data Center Transformer Market report include:- Schneider Electric SE
- Siemens AG
- General Electric Company
- Eaton Corporation plc
- ABB Group
- Hitachi, Ltd
- Toshiba Corporation
- Mitsubishi Electric Corporation
- Legrand S.A. (Legrand Group)
- Vertiv Holdings Co.
Methodology
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