Press Room


Data Center Cooling Market worth over $20bn by 2024

Data Center Cooling Market size is set to exceed USD 20 billion by 2024; according to a new research report by Global Market Insights, Inc.
 

Increase in the power consumption levels and the need to enhance the overall efficiency is expected to fuel the data center cooling market demand over the forecast timeline. Data centers necessitate a cool environment to eliminate the recirculation of heat, as the excessive heat generated from the equipment can cause interrupted flow of information, data loss or may even damage the systems. Implementation of hot and cold aisles, installation of blanking panels and usage of close-coupled cooling are among the factors to improve the overall efficiency and provide energy efficient solutions.
 

The increasing need to offer systems with high efficiency which do not need high energy consumption will drive the data center cooling market in the next seven years. The green data centers are gaining traction in the industry due to the need for energy efficient cooling systems as they utilize renewable sources of energy. There is an inclination towards the adoption of containerized data centers and construction of modular data centers have increased to deliver high efficiency. They also help in reducing the energy consumption and carbon emission levels, thereby fueling the data center cooling market demand. These data centers are anticipated to witness growth in the enterprises because of their effectiveness, and their ability to adapt to variations in humidity and temperatures.
 

 

Request Sample Buy NowInquiry Before Buying


 

Concerns related to the high cost of these equipment and the maintenance required by them might hamper the data center cooling market growth. Factors such as emission of harmful gases and rising heat energy densities will also negatively impact the growth. In addition, the reluctance of service providers in the less tech savvy regions such as Asia Pacific to implement advanced technologies is predicted to pose a challenge to the data center cooling market growth.
 

Browse key industry insights spread across 250 pages with 218 market data tables & 33 figures & charts from the report, “Data Center Cooling Market Size By Component (Solution {Chilling Unit, Air Conditioner, Cooling Tower, Control System, Economizer, Liquid Cooling System}, Service {Consulting, Maintenance & Support, Installation & Deployment}), By Cooling Technique (Rack/Row Based, Room Based), By Application (IT & Telecom, BFSI, Retail, Energy & Utility, Healthcare, Colocation), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, France, Russia, Spain, China, India, Japan, Singapore, Australia, Brazil, Colombia, Chile, Peru, Argentina, Bolivia, Venezuela, Saudi Arabia, UAE, South Africa), Application Potential, Competitive Market Share & Forecast, 2017 - 2024in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/data-center-cooling-market
 

Increasing adoption for liquid cooling systems due to the ability to consume less energy will fuel the data center cooling market. The rising number of racks installed in the facilities and the increasing rack power density has enabled many operators to opt for liquid cooling systems. The maintenance and support services will grow at the highest rate due to the need to execute and manage the infrastructure to ensure reliable and scalable infrastructure. The service also helps in the management of servers, virtualization hypervisors and also look after the on premise hybrid data center infrastructures.
 

The rack/row based technique is predicted to witness a high growth over the forecast timeline in the data center cooling market owing to the need to provide precise cooling as the airpaths are smaller. It also helps in ensuring cooling capacity and redundancy to be targeted to actual needs of specific rows. Rack/row-based technique provides advantages such as high speed, flexibility, and density with less cost. In addition, the electricity costs for a row-based are generally lower than the room-based practice as the CRAH components are closely sized and coupled with the load.
 

The colocation application segment is expected to grow at a significant rate in the data center cooling market as it offers more flexibility and so that it is easy to scale up the IT environment and align the business at the same time. It also helps the service providers in focusing on their core competencies and focus less on the management of the data centers. In addition, it offers cost effectiveness as it reduces the total cost of ownership of the equipment.
 

The data center cooling market in Asia Pacific is expected to witness significant growth owing to the flourishing financial sector in developing economies such as India. The rising requirement for cost effective and energy efficient solutions to minimize the energy consumption levels will have a positive impact on the industry in the region. Furthermore, the demand for cloud data centers will also augment the demand in the region.
 

Some of the players in the data center cooling market include Black Box Corporation, Schneider Electric Se, Airedale International Air Conditioning Ltd, Stulz GmbH, Rittal GmbH & Co. KG, Vertiv Co., Asetek, and Coolcentric. The major industry players are investing in R&D to integrate advanced technologies. Moreover, they are entering into long-term partnerships with the enterprises for the installation of modern systems such as liquid immersion in the data centers.
 

Data center cooling market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2013 to 2024, for the following segments:

Data Center Cooling Market, By Component

  • Solution
  • Service

Data Center Cooling Market, By Solution

  • Chilling unit
  • Air conditioner
  • Cooling tower
  • Economizer
  • Control system
  • Liquid cooling system
  • Others

Data Center Cooling Market, By Service

  • Consulting service
  • Maintenance and support service
  • Installation and deployment service

Data Center Cooling Market, By Application

  • IT & Telecom
  • BFSI
  • Retail
  • Healthcare
  • Energy & utilities
  • Colocation
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Singapore
  • South America
    • Brazil
    • Chile
    • Argentina
    • Peru
    • Bolivia
    • Venezuela
    • Colombia
  • Middle East
    • South Africa
    • Saudi Arabia
    • UAE