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Denmark Data Center Power Market Size (2024 - 2029)

The Denmark Data Center Power Market is projected to experience significant growth over the forecast period, driven by increasing demand for cloud computing, stringent government regulations on local data security, and rising investments from domestic players. This expansion is reflected in the anticipated increase in IT load capacity, raised floor space, and the number of racks, particularly concentrated in Copenhagen. Additionally, the development of submarine cable systems is enhancing connectivity, further supporting the market's growth trajectory.

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Market Size of Denmark Data Center Power Industry

Denmark Data Center Power Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 134.70 Million
Market Size (2029) USD 218.90 Million
CAGR (2024 - 2029) 10.40 %
Market Concentration Medium

Major Players

Denmark Data Center Power Market Major Players

*Disclaimer: Major Players sorted in no particular order

Denmark Data Center Power Market Analysis

The Denmark Data Center Power Market size is estimated at USD 134.70 million in 2024, and is expected to reach USD 218.90 million by 2029, growing at a CAGR of 10.40% during the forecast period (2024-2029).

The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.

  • Under Construction IT Load Capacity: The upcoming IT load capacity of the Danish data center market is expected to reach more than 300 MW by 2029.
  • Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase above 1.2 million sq. ft by 2029.
  • Planned Racks: The country's total number of racks to be installed is expected to reach above 63,800 units by 2029. Copenhagen is expected to house the maximum number of racks by 2029. According to the Danish Climate Change Council 2019, in Denmark data centers will increase the country's total energy consumption by 17% within 10 years.
  • Planned Submarine Cables: There are close to 30 submarine cable systems connecting Denmark, and many are under construction. For instance, in July 2023, the final section of the Viking Link submarine cable was laid in the North Sea and now provides a full electrical connection between the United Kingdom and Denmark.

Denmark Data Center Power Industry Segmentation

Data center power refers to the power infrastructure, including electrical components and electrical distribution systems, that provide the power necessary to operate and support the devices and servers within the data center. It includes various components and technologies designed to ensure a reliable, uninterruptible power supply for data center IT equipment, including uninterruptible power supplies (UPS), power distribution units (PDU), backup generators, and other power management solutions tailored to the specific needs of data centers. Data center operators achieve data center redundancy through duplicated components to maintain uninterrupted operations in the event of failure of some components and to maintain uptime during maintenance.

The Danish Data Center Power Market is Segmented by power infrastructure (electrical solution {UPS systems, generators, power distribution solutions [PDU, switchgear, critical power distribution, transfer switches, remote power panels, and other power distribution solutions]} and service), end user (IT and telecommunication, BFSI, government, media and entertainment, and other end users). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Power Infrastructure
Electrical Solution
UPS Systems
Generators
Power Distribution Solutions
PDU
Switchgear
Critical Power Distribution
Transfer Switches
Remote Power Panels
Other Power Distribution Systems
Service
By End User
IT and Telecommunication
BFSI
Government
Media and Entertainment
Other End Users
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Denmark Data Center Power Market Size Summary

The Denmark data center power market is poised for significant growth, driven by the increasing demand for cloud computing, stringent government regulations on data security, and substantial investments from local players. The market is characterized by the expansion of hyperscale facilities, which are essential for supporting the burgeoning cloud services and Industry 4.0 initiatives. The country's favorable conditions, such as a reliable power grid, green energy sources, and a stable climate, make it an attractive location for global technology giants and international colocation operators. These factors contribute to Denmark's reputation as a secure and efficient hub for data center operations, further fueling the demand for power distribution units (PDUs) to ensure uninterrupted service.

The market landscape is moderately competitive, with major players like ABB Ltd, Vertiv Group Corp., Eaton Corporation, Schneider Electric SE, and Legrand Group leading the charge. These companies are actively expanding their product offerings and manufacturing capabilities to meet the growing needs of the data center industry. The increasing adoption of cloud-based solutions and the rise in e-commerce activities are expected to drive further demand for data center power solutions. As Denmark continues to enhance its digital infrastructure, the market for data center power is set to experience robust growth, supported by ongoing technological advancements and strategic investments.

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Denmark Data Center Power Market Size - Table of Contents

  1. 1. Market Dynamics

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Rising Adoption of Mega Data Centers and Cloud Computing

      2. 1.2.2 Increasing Demand to Reduce Operational Costs

    3. 1.3 Market Restraints

      1. 1.3.1 High Cost of Installation and Maintenance

    4. 1.4 Value Chain / Supply Chain Analysis

    5. 1.5 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers/Consumers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitute Products

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Assessment of COVID-19 Impact

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Power Infrastructure

      1. 2.1.1 Electrical Solution

        1. 2.1.1.1 UPS Systems

        2. 2.1.1.2 Generators

        3. 2.1.1.3 Power Distribution Solutions

          1. 2.1.1.3.1 PDU

          2. 2.1.1.3.2 Switchgear

          3. 2.1.1.3.3 Critical Power Distribution

          4. 2.1.1.3.4 Transfer Switches

          5. 2.1.1.3.5 Remote Power Panels

          6. 2.1.1.3.6 Other Power Distribution Systems

      2. 2.1.2 Service

    2. 2.2 By End User

      1. 2.2.1 IT and Telecommunication

      2. 2.2.2 BFSI

      3. 2.2.3 Government

      4. 2.2.4 Media and Entertainment

      5. 2.2.5 Other End Users

Denmark Data Center Power Market Size FAQs

The Denmark Data Center Power Market size is expected to reach USD 134.70 million in 2024 and grow at a CAGR of 10.40% to reach USD 218.90 million by 2029.

In 2024, the Denmark Data Center Power Market size is expected to reach USD 134.70 million.

Denmark Data Center Power Market Report Snapshots

Denmark Data Center Power Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)