In the digital era, the construction of data center infrastructure has become an inevitable trend
In the digital era, the construction of data center infrastructure has become the general trend, and telecom infrastructure operators, large Internet vendors, and cloud computing service providers have accelerated the deployment of data centers. Countries around the world are focusing more on the main lines of digital infrastructure construction and industrial digitalization to cope with the changes in the pattern brought about by the sharp increase in traffic and data in various industries, strengthen their competitiveness in the development of the digital economy, and drive the construction of data centers into a new round of recovery cycle. Secondly, online teaching, telemedicine, online retail, and entertainment have become the "new normal", and these new models and new formats play an important role in life, and also accelerate the demand for computing infrastructure construction such as data centers. The rapid development of cloud computing and artificial intelligence applications has become an important force driving the start of a new round of cloud computing infrastructure investment boom cycle.
1. The industrial chain of the data center industry
As a comprehensive system, the data center is composed of multiple components, and the upstream industry is various accessories industry, mainly including electronic components, magnetic devices and materials, structural parts, batteries, air conditioning components, etc.
The downstream is mainly for the application demanders of various industries, including data centers, Internet, communications, finance, ** and many other application markets. With the rapid growth of China's information industry, UPS power supply is becoming more and more common in various industries as a protective device for information equipment. The continuous improvement of product performance and energy consumption requirements in the downstream industry has also played a positive role in promoting the innovation and upgrading of UPS products.
2. Major listed companies
1) Kehua Data (002335.)sz）
Kehua Data's main business includes three categories: data center industry, smart power supply industry, and new energy industry. Among them, the data center industry accounts for a relatively high proportion of revenue, including modular UPS power supplies, battery boxes, power distribution cabinets, dynamic environment monitoring systems, modular data centers, container data centers and other products and system solution services; New energy includes energy storage, photovoltaic and other renewable energy applications, and the main products include photovoltaic inverters, photovoltaic off-grid controllers, energy storage converters, off-grid inverters and other products and corresponding supporting system solutions and services.
2) Easter (300376.)sz）
East was once a subsidiary of Schneider Electric, a Fortune 500 company, and is a global digital industry & smart energy integrated solution provider.
3) INVT (002334.)sz）
INVT is a leading high-end power supply solution provider in China, providing customers with intelligent power supply solutions in the fields of UPS power supply, data center, photovoltaic power generation, power transmission and distribution, etc., so as to make energy utilization more efficient and clean.
4) Crestec (002518).
Crestec is an intelligent network energy service provider focusing on data center (IDC) and new energy. As a leader in China's uninterruptible power supply industry and an industry-leading provider of integrated solutions for safe electricity environment, the technology of data center key infrastructure products, new energy photovoltaic power generation system products, energy storage system products, and new energy vehicle charging products is at the leading level in the industry, and the integrated solutions are widely used in various industries.
3. Industry policy support and influence
In the future, focusing on the upgrading and transformation of traditional industries in the data center industry, expanding effective investment, and promoting the construction of new computing infrastructure will become the mainstream direction of data center construction and development.
4. The development trend of the data center industry
With the accelerated development of the digital economy, computing power has become one of the important productive forces in society, and data centers have become the infrastructure for digital transformation and development. According to data from the National Energy Administration, in 2022, the power consumption of data centers across the country will reach 270 billion kilowatt hours, which is 1,036 percent of the cumulative power generation of the Three Gorges Power Station in the same periodIt is more than twice that of 4.9 billion kWh, accounting for about 3% of the electricity consumption of the whole society. This is used to measure carbon emissions16.8 billion tons, accounting for 146% or so. Driven by policies such as "carbon neutrality" and "Eastern Data and Western Computing", it has become a trend for data centers to adopt new energy storage technologies. The current UPS battery room energy storage also needs to be used with backup diesel generators, and the new data center energy storage system needs to provide at least hourly energy supply for the data center, and its energy storage and power supply capacity are far beyond that of ordinary battery rooms. Compared with lead-acid batteries, lithium-ion battery UPS has great technical advantages: the energy density of several times that of lead-acid batteries reduces the floor space and weight of lithium-ion batteries by more than 60%; Stronger adaptability to high temperatures; It can be quickly recharged after discharge; 4 times the number of cycles compared to lead-acid batteries; The 10-15 year long life design and high cycle times make the lithium battery do not need to be replaced during the whole life of UPS, reducing the maintenance cost of UPS, and ultimately helping users reduce the cost of use and obtain greater business value. In addition, the lithium battery UPS has the functions of battery anti-reverse connection protection, overcharge protection, overload protection, over-temperature protection, output short-circuit protection, etc., and adopts the rack-mounted installation method, so that the machine has been comprehensively improved in terms of size, layout, vision and reliability.
Therefore, lithium battery UPS is expected to accelerate the promotion and application in the construction of new data centers in China. In July 2021, the Ministry of Industry and Information Technology (MIIT) issued the Three-Year Action Plan for the Development of New Data Centers (2021-2023), proposing to support the exploration of the use of lithium batteries, hydrogen storage, and flywheel energy storage as diversified energy storage and backup power devices for data centers.
With the maturity of lithium battery technology, application promotion, cost reduction and other comprehensive factors, many UPS manufacturers are actively deploying lithium battery UPS. The BMS management technology for lithium batteries has been led by UPS's main manufacturers, and has been rapidly promoted in the fields of large-scale hospital renovation projects, medical equipment support, and uninterruptible power supply guarantee for scientific research institutes. In the future, with the overall promotion of new data centers, it is expected that lithium battery UPS will accelerate the application in national hub nodes, new data centers, edge data centers and various "old and scattered" data centers.
For more industry information, please refer to Pricewater's Strategic Consulting2024-2030 Data Center Industry Panorama Survey and Investment Prospect** ReportAt the same time, PwC Consulting also provides industrial research reports, industrial chain consulting, project feasibility reports, specialized and special new small giant certification, national manufacturing single champion enterprise certification, 14th Five-Year Plan, post-project evaluation report, BP business plan, industrial map, industrial planning, blue IPO fundraising feasibility study, IPO working paper consulting and other services.