Data Center Rack Market Size, Share, and Trend Analysis - Global Forecast to 2036 Featuring Profiles of Key Players Schneider Electric, Vertiv, Eaton Corp., Legrand, Rittal and Others

The global data center rack market is expected to grow at a CAGR of 11.2% through 2036, driven by hyperscale and colocation data center expansion, AI infrastructure investment, and increasing rack power density requirements. Enclosed racks/cabinets will maintain market leadership, while open frame racks are projected to record the highest growth. Colocation data centers lead by end user, with cloud service providers and hyperscalers registering the fastest growth. North America holds the largest market share, while Asia-Pacific is projected to register the fastest regional CAGR.

10/29/2026, 12:00 PM • GlobeNewswire

Circuit Mind Announces $25M in Funding to Accelerate the Rise of Electronic Design Intelligence

Circuit Mind, an AI platform for electronics design, announced $25 million in Series A funding led by Norwest, bringing total funding to $33.4 million. The platform helps engineering teams reduce design time by up to 90% and cut bill of materials costs by 25%. The company launched AVE, an AI-powered design verification tool, and plans to expand operations with a new U.S. headquarters.

10/28/2026, 8:00 AM • GlobeNewswire

Schneider Electric unveils new prefabricated reference design engineered for modular AI factories

Schneider Electric announced its RapidScale Modular Data Center Reference Design 115, a prefabricated solution for high-density AI infrastructure built on the NVIDIA Vera Rubin platform. A joint study with Compass Datacenters found that prefabricated modules reduce onsite installation time by 80%. The design addresses rapid AI infrastructure growth, with global data center capacity expected to increase 170 GW by 2030, with AI workloads accounting for 65% of total demand.

10/21/2026, 9:00 AM • GlobeNewswire

Water shortages will threaten growth within five years, say over half of European industrial leaders

A new Schneider Electric report reveals water stress now ranks among the top business continuity risks for European industrial companies, alongside cyber-attacks and supply chain disruption. Despite 86% of industrial leaders believing smart water technology can reduce costs, only 42% have deployed digital twins and similar solutions. The research highlights a significant gap between awareness and adoption of water management technologies, with 47% of companies already increasing water efficiency investments.

10/20/2026, 3:31 AM • GlobeNewswire

Apple's New Home Collection Gives Investors Another Reason to Remain Bullish

Apple unveiled its Apple Home Collection featuring nine smart home accessories developed in collaboration with LG Electronics and Schneider Electric, launching starting December 2026. The new products are expected to deepen customer relationships, boost Services revenue, and strengthen Apple's ecosystem by making iPhones stickier. Despite conservative Q4 guidance, analysts view this as a positive move for new CEO John Ternus and a reason for long-term investors to remain bullish on the stock.

10/17/2026, 9:15 AM • The Motley Fool

Software Critical for TSOs to Enhance Grid Resilience, ABI Research Finds

A survey of 151 Transmission System Operators across North America, Europe, and Asia-Pacific reveals that cybersecurity is their top concern. TSOs are increasing software investments in Energy Management Systems, grid planning software, and Grid Enhancing Technologies to modernize aging infrastructure and expand grid capacity. Vendors are advised to emphasize security credibility, interoperability, and operational value rather than relying solely on AI differentiation.

10/14/2026, 9:00 AM • GlobeNewswire

Global Battery Energy Storage System (BESS) Market Forecast, 2026-2033 | Market to Reach USD 170.1 Billion as Renewables, Smart Grids, and Decarbonization Drive Growth

The global Battery Energy Storage System market is projected to expand from USD 74.6 billion in 2026 to USD 170.1 billion by 2033, with a CAGR of 12.50%. Growth is driven by renewable energy integration, grid modernization, transportation electrification, and decarbonization initiatives. Asia-Pacific is expected to record the fastest growth, while lithium-ion batteries dominate the market segment.

10/14/2026, 4:56 AM • GlobeNewswire

Europe Distributed Control Systems Market Size and Forecast 2026-2034 by Component, End User, Country, and Company | Industry 4.0 Drives 5.11% CAGR Toward US$9.8 Billion

Europe's distributed control systems market is projected to grow from US$6.26 billion in 2025 to US$9.8 billion by 2034, with a CAGR of 5.11%. Growth is driven by industrial automation adoption, Industry 4.0 initiatives, predictive maintenance capabilities, and sustainability priorities. However, high implementation costs and cybersecurity concerns remain significant challenges. Key players include ABB, Siemens AG, Schneider Electric SE, Emerson Electric Co, and Honeywell International Inc.

10/07/2026, 11:00 AM • GlobeNewswire

Data Center Energy Storage Systems Market to Reach USD 10.48 Billion by 2032, at a CAGR of 12.5% — MarketsandMarkets™

The global data center energy storage systems market is projected to grow from USD 5.17 billion in 2026 to USD 10.48 billion by 2032 at a 12.5% CAGR, driven by rising AI workloads, hyperscale data centers, and renewable energy integration. Supercapacitors are the fastest-growing technology segment at 16.5% CAGR, while Asia Pacific is the fastest-growing region. Key players include Tesla, Panasonic, Samsung SDI, LG Energy Solution, CATL, and BYD.

10/07/2026, 10:00 AM • GlobeNewswire

Machine Safety Market to Reach USD 7.45 Billion by 2030, Growing at 5.7% CAGR, Says MarketsandMarkets™

The global machine safety market is projected to grow from USD 5.66 billion in 2025 to USD 7.45 billion by 2030 at a CAGR of 5.7%, driven by increased automation, Industry 4.0 adoption, and stricter global safety regulations. Asia Pacific is expected to lead growth, while key players include Siemens, Schneider Electric, KEYENCE, Rockwell Automation, and Emerson Electric.

10/06/2026, 10:00 AM • GlobeNewswire

AI Visibility for Industrial Automation Companies Averages 4% Across the Top 100 Vendors, Benchmark Finds

Zen Media's 2026 benchmark reveals that industrial automation vendors have low AI visibility, averaging just 4% across the top 100 companies. Siemens leads at 21%, followed by Rockwell Automation at 17%, and ABB and Schneider Electric at 16%. Distributors like Grainger and AutomationDirect rank prominently in AI responses, and manufacturer websites are the most cited sources at 92%.

09/30/2026, 7:00 AM • GlobeNewswire

Schneider Electric unveils the world’s first fully Software-Defined Medium Voltage switchgear to accelerate the speed and scalability of AI factories

Schneider Electric announced the world's first fully Software-Defined Medium Voltage (MV) switchgear at YOTTA 2026, enabling up to 3× faster ordering and manufacturing, up to 2× faster commissioning, and zero-downtime upgrades. The technology has been piloted with Equinix in a live data center environment, with broader availability expected in 2028.

09/28/2026, 10:00 AM • GlobeNewswire

Intuitive Machines vs. Vertiv: Which Industrials Stock Is a Better Buy in 2026?

The article compares two industrial stocks: Intuitive Machines (LUNR), which provides lunar infrastructure and NASA contracts, versus Vertiv (VRT), which supplies cooling and power systems for AI data centers. While Intuitive Machines shows strong growth potential with a $1.1B order backlog and expected 2026 revenue to quadruple, it faces high risk from government concentration and speculative lunar markets. Vertiv demonstrates more predictable growth with 28% revenue increase, $1.9B free cash flow, and lower valuation multiples. The article recommends Vertiv as the better buy due to its lower forward P/E ratio, more stable market demand, and stronger financial fundamentals.

09/15/2026, 7:12 PM • The Motley Fool

Medium Voltage Switchgear Market to Grow from USD 57.50 Billion in 2025 to USD 109.00 Billion by 2035, at 6.6% CAGR – SNS Insider

The global medium voltage switchgear market is projected to grow at a 6.6% CAGR from 2025 to 2035, driven by grid modernization, IoT-enabled monitoring, and demand for SF6-free insulation technologies. Asia Pacific leads with 42% market share and fastest growth at 7.6% CAGR. The U.S. market is expected to reach USD 13.40 billion by 2035.

09/14/2026, 6:30 PM • GlobeNewswire

Building Automation System Market

The building automation system market is undergoing structural transformation as hardware commoditizes while software, analytics, and building intelligence capture strategic value. The global BAS market, valued at $105.5 billion in 2026, is projected to reach $182.6 billion by 2033 at 8.2% CAGR. Key shifts include portfolio-level standardization replacing building-by-building procurement, cloud-based deployments displacing on-premise architectures, and cybersecurity becoming a primary procurement criterion. Large commercial owners are consolidating vendor relationships over the next 18 months, creating compounding advantages for early movers while independent system integrators face consolidation pressure.

09/08/2026, 8:50 AM • GlobeNewswire