US power equipment market projected to reach $65 billion by 2030
Updated
Updated · Bloomberg · Apr 28
US power equipment market projected to reach $65 billion by 2030
14 articles · Updated · Bloomberg · Apr 28
US spending on power-plant equipment is expected to triple from $20 billion in 2025, with data centers driving growth.
Data centers may account for up to 40% of total investment, as capacity is forecast to surge over 350% to 110 gigawatts.
The rapid expansion reflects increasing demand for AI and digital infrastructure, positioning the power equipment sector for significant growth through the end of the decade.
What will bottleneck the AI boom first: America's aging power grid or equipment shortages?
Are data centers' promised economic benefits a mirage for communities facing higher bills?
As data centers build their own power, are we creating a new, private energy grid?
Will the AI boom create an energy bubble, risking billions in stranded assets?
Can green energy truly power the AI revolution, or is a fossil fuel resurgence inevitable?
Will state-level revolts against new data centers derail America's AI ambitions?