Press release
Data Center Cooling Market size is set to exceed USD 20 billion by 2024 at CAGR of 12% - Top Players – Schneider Electric, STULZ GmbH, Johnson Controls, Submer Immersion Cooling, Vertiv, ABB, Amazon Web Services, CenturyLink, Equinix, IBM, Interxion, T-
Data Center Cooling Market
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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.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Asetek
• Black Box
• Nortek Air Solutions, LLC
• Rittal GmbH & Co. KG
• STULZ GmbH
• Vertiv
• Interxion
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 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
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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.
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Some of the players in the data center cooling market include AdaptivCOOL, The Air Conditioning Company, Airedale International Air Conditioning Ltd, Asetek, Black Box, Coolcentric, Ebullient, INTEGRATED ECO TECHNOLOGIES LIMITED, LiquidCool Solutions, Nortek Air Solutions, LLC, Rittal GmbH & Co. KG, Schneider Electric, STULZ GmbH, Johnson Controls, Submer Immersion Cooling, Vertiv, ABB, Amazon Web Services, CenturyLink, Equinix, IBM, Interxion, T-Systems International GmbH
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