North America 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 North America Data Center Energy Storage Market would witness market growth of 8.3% CAGR during the forecast period (2024-2031).

The US market dominated the North America 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 $688.9 million by 2031. The Canada market is experiencing a CAGR of 10.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 9.7% during (2024 - 2031).

This market has witnessed tremendous growth in recent years. This growth is primarily driven by the increasing demand for data storage due to the rise of cloud computing, the Internet of Things (IoT), big data, and artificial intelligence (AI). As the backbone of the modern digital economy, data centers consume enormous amounts of energy to ensure seamless operations, making energy management a critical aspect of their sustainability and operational efficiency.

Additionally, the application of energy storage in data centers is multifaceted. In this context, energy storage's primary objective is to provide a reliable and continuous power supply while optimizing energy consumption. Data centers require an uninterrupted power supply to ensure the availability of critical services. In a power failure, energy storage systems (ESS) are deployed to provide backup power.

Canada's entertainment industry, particularly the film, television, and video production sectors, has been experiencing significant growth. According to Statistics Canada, this sector generated $11.3 billion in operating revenue in 2021, a 20.2% increase from the previous year. Television productions accounted for most of this revenue, contributing 59.2% in 2021, while feature films represented 22.6%. Mexico's retail industry is another significant data center energy storage market driver. The retail sector in Mexico is substantial, with revenue estimated at USD 76 billion and over 47,000 retail stores nationwide. Walmart de Mexico dominates this market, holding 66.4% of all supermarket sales in 2021, according to the International Trade Administration (ITA). In conclusion, the rising entertainment industry in Canada and the expanding retail industry in Mexico significantly impact this market.

Free Valuable Insights: The Data Center Energy Storage Market is Predict to reach 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 U.S., Mexico, Canada, and Rest of North America.

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.

North America 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

• US
• Canada
• Mexico
• Rest of North America

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

Chapter 6. North America Data Center Energy Storage Market by Application
6.1 North America BFSI Market by Country
6.2 North America Manufacturing Market by Country
6.3 North America Retail & E-commerce Market by Country
6.4 North America Healthcare Market by Country
6.5 North America Entertainment & Media Market by Country
6.6 North America Other Application Market by Country

Chapter 7. North America Data Center Energy Storage Market by Country
7.1 US Data Center Energy Storage Market
7.1.1 US Data Center Energy Storage Market by Type
7.1.2 US Data Center Energy Storage Market by Application
7.2 Canada Data Center Energy Storage Market
7.2.1 Canada Data Center Energy Storage Market by Type
7.2.2 Canada Data Center Energy Storage Market by Application
7.3 Mexico Data Center Energy Storage Market
7.3.1 Mexico Data Center Energy Storage Market by Type
7.3.2 Mexico Data Center Energy Storage Market by Application
7.4 Rest of North America Data Center Energy Storage Market
7.4.1 Rest of North America Data Center Energy Storage Market by Type
7.4.2 Rest of North America 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 North America Data Center Energy Storage Market, 2020 - 2023, USD Million
TABLE 2 North America 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 North America Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
TABLE 7 North America Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
TABLE 8 North America Tier 3 Market by Country, 2020 - 2023, USD Million
TABLE 9 North America Tier 3 Market by Country, 2024 - 2031, USD Million
TABLE 10 North America Tier 4 Market by Country, 2020 - 2023, USD Million
TABLE 11 North America Tier 4 Market by Country, 2024 - 2031, USD Million
TABLE 12 North America Tier 2 Market by Country, 2020 - 2023, USD Million
TABLE 13 North America Tier 2 Market by Country, 2024 - 2031, USD Million
TABLE 14 North America Tier 1 Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Tier 1 Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
TABLE 17 North America Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
TABLE 18 North America BFSI Market by Country, 2020 - 2023, USD Million
TABLE 19 North America BFSI Market by Country, 2024 - 2031, USD Million
TABLE 20 North America Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Retail & E-commerce Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Retail & E-commerce Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Healthcare Market by Country, 2020 - 2023, USD Million
TABLE 25 North America Healthcare Market by Country, 2024 - 2031, USD Million
TABLE 26 North America Entertainment & Media Market by Country, 2020 - 2023, USD Million
TABLE 27 North America Entertainment & Media Market by Country, 2024 - 2031, USD Million
TABLE 28 North America Other Application Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Other Application Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Data Center Energy Storage Market by Country, 2020 - 2023, USD Million
TABLE 31 North America Data Center Energy Storage Market by Country, 2024 - 2031, USD Million
TABLE 32 US Data Center Energy Storage Market, 2020 - 2023, USD Million
TABLE 33 US Data Center Energy Storage Market, 2024 - 2031, USD Million
TABLE 34 US Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
TABLE 35 US Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
TABLE 36 US Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
TABLE 37 US Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
TABLE 38 Canada Data Center Energy Storage Market, 2020 - 2023, USD Million
TABLE 39 Canada Data Center Energy Storage Market, 2024 - 2031, USD Million
TABLE 40 Canada Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
TABLE 41 Canada Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
TABLE 42 Canada Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
TABLE 43 Canada Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
TABLE 44 Mexico Data Center Energy Storage Market, 2020 - 2023, USD Million
TABLE 45 Mexico Data Center Energy Storage Market, 2024 - 2031, USD Million
TABLE 46 Mexico Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
TABLE 47 Mexico Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
TABLE 48 Mexico Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
TABLE 49 Mexico Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
TABLE 50 Rest of North America Data Center Energy Storage Market, 2020 - 2023, USD Million
TABLE 51 Rest of North America Data Center Energy Storage Market, 2024 - 2031, USD Million
TABLE 52 Rest of North America Data Center Energy Storage Market by Type, 2020 - 2023, USD Million
TABLE 53 Rest of North America Data Center Energy Storage Market by Type, 2024 - 2031, USD Million
TABLE 54 Rest of North America Data Center Energy Storage Market by Application, 2020 - 2023, USD Million
TABLE 55 Rest of North America Data Center Energy Storage Market by Application, 2024 - 2031, USD Million
TABLE 56 Key Information – Schneider Electric SE
TABLE 57 Key Information – Siemens AG
TABLE 58 Key Information – General Electric Company
TABLE 59 Key Information – Eaton Corporation PLC
TABLE 60 Key Information – ABB Group
TABLE 61 Key Information – Huawei Technologies Co., Ltd.
TABLE 62 Key Information – Delta Electronics, Inc.
TABLE 63 Key Information – Mitsubishi Electric Corporation
TABLE 64 key Information – Legrand S.A.
TABLE 65 Key Information – Vertiv Holdings Co.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Data Center Energy Storage Market share by Type, 2023
FIG 10 North America Data Center Energy Storage Market share by Type, 2031
FIG 11 North America Data Center Energy Storage Market by Type, 2020 - 2031, USD Million
FIG 12 North America Data Center Energy Storage Market share by Application, 2023
FIG 13 North America Data Center Energy Storage Market share by Application, 2031
FIG 14 North America Data Center Energy Storage Market by Application, 2020 - 2031, USD Million
FIG 15 North America Data Center Energy Storage Market share by Country, 2023
FIG 16 North America Data Center Energy Storage Market share by Country, 2031
FIG 17 North America 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.