Europe 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 Europe Data Center Energy Storage Market would witness market growth of 8.6% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe 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 $167 million by 2031. The UK market is exhibiting a CAGR of 7.7% during (2024 - 2031). Additionally, The France market would experience a CAGR of 9.5% during (2024 - 2031).

Data centers often experience fluctuating energy demands. Energy storage systems can help balance these fluctuations by storing excess power during periods of low demand and releasing it when demand spikes. This approach, also known as load shifting, allows data centers to optimize energy consumption and reduce their reliance on grid power during peak hours, thereby lowering energy costs.

Peak shaving is a common strategy data centers use to reduce their electricity consumption during periods of peak demand. Data centers can use energy storage systems to discharge energy during peak periods to avoid costly utility demand charges and reduce energy expenses. Peak shaving is especially valuable in regions with high electricity prices or unreliable grid infrastructure.

Germany, known for its robust manufacturing sector, is making significant strides in smart manufacturing. By 2025, 84 percent of German manufacturers plan to invest EUR 10 billion (USD 10.52 billion) annually into smart manufacturing technologies. This investment encompasses a wide range of industries, including the automotive sector, which accounts for approximately 75 percent of German companies implementing digital solutions. Similarly, Sweden's strong and successful manufacturing sector, which accounts for roughly 20 percent of the country’s GDP or $117 billion, also embraces smart manufacturing. Advanced manufacturing, which accounts for approximately $40 billion, significantly contributes to the sector's output. The manufacturing sector in Sweden is export-oriented, with 75 percent of its production being exported, highlighting its global competitiveness. Thus, the rise of smart manufacturing in Europe, particularly in countries like Germany and Sweden, significantly impacts the data center energy storage market.

Free Valuable Insights: The Global Data Center Energy Storage Market will Hit USD 2.6 Billion by 2031, at a CAGR of 8.8%

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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

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.

Europe 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

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Data Center Energy Storage Market, by Type
1.4.2 Europe Data Center Energy Storage Market, by Application
1.4.3 Europe 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
3.2 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. Europe Data Center Energy Storage Market by Type
5.1 Europe Tier 3 Market by Country
5.2 Europe Tier 4 Market by Country
5.3 Europe Tier 2 Market by Country
5.4 Europe Tier 1 Market by Country

Chapter 6. Europe Data Center Energy Storage Market by Application
6.1 Europe BFSI Market by Country
6.2 Europe Manufacturing Market by Country
6.3 Europe Retail & E-commerce Market by Country
6.4 Europe Healthcare Market by Country
6.5 Europe Entertainment & Media Market by Country
6.6 Europe Other Application Market by Country
Chapter 7. Europe Data Center Energy Storage Market by Country
7.1 Germany Data Center Energy Storage Market
7.1.1 Germany Data Center Energy Storage Market by Type
7.1.2 Germany Data Center Energy Storage Market by Application
7.2 UK Data Center Energy Storage Market
7.2.1 UK Data Center Energy Storage Market by Type
7.2.2 UK Data Center Energy Storage Market by Application
7.3 France Data Center Energy Storage Market
7.3.1 France Data Center Energy Storage Market by Type
7.3.2 France Data Center Energy Storage Market by Application
7.4 Russia Data Center Energy Storage Market
7.4.1 Russia Data Center Energy Storage Market by Type
7.4.2 Russia Data Center Energy Storage Market by Application
7.5 Spain Data Center Energy Storage Market
7.5.1 Spain Data Center Energy Storage Market by Type
7.5.2 Spain Data Center Energy Storage Market by Application
7.6 Italy Data Center Energy Storage Market
7.6.1 Italy Data Center Energy Storage Market by Type
7.6.2 Italy Data Center Energy Storage Market by Application
7.7 Rest of Europe Data Center Energy Storage Market
7.7.1 Rest of Europe Data Center Energy Storage Market by Type
7.7.2 Rest of Europe 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

TABLE 1 Europe Data Center Energy Storage Market, 2020 - 2023, USD Million
TABLE 2 Europe 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 Europe Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
TABLE 7 Europe Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
TABLE 8 Europe Tier 3 Market by Country, 2020 - 2023, USD Million
TABLE 9 Europe Tier 3 Market by Country, 2024 - 2031, USD Million
TABLE 10 Europe Tier 4 Market by Country, 2020 - 2023, USD Million
TABLE 11 Europe Tier 4 Market by Country, 2024 - 2031, USD Million
TABLE 12 Europe Tier 2 Market by Country, 2020 - 2023, USD Million
TABLE 13 Europe Tier 2 Market by Country, 2024 - 2031, USD Million
TABLE 14 Europe Tier 1 Market by Country, 2020 - 2023, USD Million
TABLE 15 Europe Tier 1 Market by Country, 2024 - 2031, USD Million
TABLE 16 Europe Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
TABLE 17 Europe Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
TABLE 18 Europe BFSI Market by Country, 2020 - 2023, USD Million
TABLE 19 Europe BFSI Market by Country, 2024 - 2031, USD Million
TABLE 20 Europe Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 21 Europe Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 22 Europe Retail & E-commerce Market by Country, 2020 - 2023, USD Million
TABLE 23 Europe Retail & E-commerce Market by Country, 2024 - 2031, USD Million
TABLE 24 Europe Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 25 Europe Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 26 Europe Entertainment & Media Market by Country, 2020 - 2023, USD Million
TABLE 27 Europe Entertainment & Media Market by Country, 2024 - 2031, USD Million
TABLE 28 Europe Other Application Market by Country, 2020 - 2023, USD Million
TABLE 29 Europe Other Application Market by Country, 2024 - 2031, USD Million
TABLE 30 Europe Data Center Energy Storage Market by Country, 2020 - 2023, USD Million
TABLE 31 Europe Data Center Energy Storage Market by Country, 2024 - 2031, USD Million
TABLE 32 Germany Data Center Energy Storage Market, 2020 - 2023, USD Million
TABLE 33 Germany Data Center Energy Storage Market, 2024 - 2031, USD Million
TABLE 34 Germany Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
TABLE 35 Germany Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
TABLE 36 Germany Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
TABLE 37 Germany Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
TABLE 38 UK Data Center Energy Storage Market, 2020 - 2023, USD Million
TABLE 39 UK Data Center Energy Storage Market, 2024 - 2031, USD Million
TABLE 40 UK Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
TABLE 41 UK Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
TABLE 42 UK Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
TABLE 43 UK Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
TABLE 44 France Data Center Energy Storage Market, 2020 - 2023, USD Million
TABLE 45 France Data Center Energy Storage Market, 2024 - 2031, USD Million
TABLE 46 France Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
TABLE 47 France Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
TABLE 48 France Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
TABLE 49 France Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
TABLE 50 Russia Data Center Energy Storage Market, 2020 - 2023, USD Million
TABLE 51 Russia Data Center Energy Storage Market, 2024 - 2031, USD Million
TABLE 52 Russia Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
TABLE 53 Russia Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
TABLE 54 Russia Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
TABLE 55 Russia Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
TABLE 56 Spain Data Center Energy Storage Market, 2020 - 2023, USD Million
TABLE 57 Spain Data Center Energy Storage Market, 2024 - 2031, USD Million
TABLE 58 Spain Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
TABLE 59 Spain Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
TABLE 60 Spain Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
TABLE 61 Spain Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
TABLE 62 Italy Data Center Energy Storage Market, 2020 - 2023, USD Million
TABLE 63 Italy Data Center Energy Storage Market, 2024 - 2031, USD Million
TABLE 64 Italy Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
TABLE 65 Italy Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
TABLE 66 Italy Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
TABLE 67 Italy Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
TABLE 68 Rest of Europe Data Center Energy Storage Market, 2020 - 2023, USD Million
TABLE 69 Rest of Europe Data Center Energy Storage Market, 2024 - 2031, USD Million
TABLE 70 Rest of Europe Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
TABLE 71 Rest of Europe Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
TABLE 72 Rest of Europe Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
TABLE 73 Rest of Europe 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.

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Data Center Energy Storage Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Data Center Energy Storage Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2023
FIG 6 Key Leading Strategies: Percentage Distribution (2020-2024)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions: 2020, aug – 2024, Jul) Leading Players
FIG 8 Porter’s Five Forces Analysis – Data Center Energy Storage Market
FIG 9 Europe Data Center Energy Storage Market share by Type, 2023
FIG 10 Europe Data Center Energy Storage Market share by Type, 2031
FIG 11 Europe Data Center Energy Storage Market by Type, 2020 - 2031, USD Million
FIG 12 Europe Data Center Energy Storage Market share by Application, 2023
FIG 13 Europe Data Center Energy Storage Market share by Application, 2031
FIG 14 Europe Data Center Energy Storage Market by Application, 2020 - 2031, USD Million
FIG 15 Europe Data Center Energy Storage Market share by Country, 2023
FIG 16 Europe Data Center Energy Storage Market share by Country, 2031
FIG 17 Europe Data Center Energy Storage Market by Country, 2020 - 2031, USD Million
FIG 18 Recent strategies and developments: Schneider Electric SE
FIG 19 SWOT Analysis: Schneider Electric SE
FIG 20 Recent strategies and developments: Siemens AG
FIG 21 SWOT Analysis: Siemens AG
FIG 22 SWOT Analysis: General electric Company
FIG 23 Recent strategies and developments: Eaton Corporation plc
FIG 24 SWOT Analysis: Eaton Corporation PLC
FIG 25 SWOT Analysis: ABB GROUP
FIG 26 SWOT Analysis: Huawei Technologies Co., Ltd.
FIG 27 SWOT Analysis: Mitsubishi Electric Corporation
FIG 28 SWOT Analysis: Legrand S.A.