Data Center Rack Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2023

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This market research report on global data center rack market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by product (rack cabinets and accessories), by rack size (below 42U, 42U, 45U & 47U, 48U, and other rack units), by end-users (colocation providers and enterprise), and by geography (Americas, EMEA, and APAC).

The increase in computing power due to the growing demand for cloud computing, Internet of Things (IoT), and big data analytics solutions are propelling the growth of the global data center rack market through increased construction greenfield, brownfield, and modular facilities. The rising adoption of converged and hyper-converged solutions and virtualization and the need for high-performance computing (HPC) will increase in the rack power density to an average of 8-10 kw.

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The growing investments in regions such as the US, the UK, Germany, and China for the deployment of new facilities will fuel the revenues and sales in the global market. The increasing complexity in the cable and air flow management has led to the procurement of deeper and wider rack architecture among facilities operators in the market. The global data center rack market is projected to reach revenues of approximately $3 billion by 2023, growing at a CAGR of around 8% during 2017-2023. The report also includes market size analysis in terms of shipment units for the duration during the forecast period.

Data Center Rack Market - Dynamics

The growing interest towards the procurement of taller, deeper, and wider racks is one of the primary factors attributing to the growth of the global data center rack market. The top companies are offering a wide range of taller systems in through their portfolios that includes server and network cabinets that are taller than industry standard 42U configuration. The adoption of these new systems will enable the equipment of multiple high-performance infrastructures such as servers in a single rack, better utilization of facilities floor space, reduces CAPEX, and better cable and airflow management in the global market. These architectures are designed to enable operators to optimize space and improve efficiency. Customization is one of the key factors helping key players attract a larger number of consumers in the global data center rack market. The vendors are offering solutions as per the consumers’ operational and space requirement in the global market.

Key Countries Profiled

The key countries profiled in the report are: US, Canada, Latin America, Eastern Europe, Western Europe, Nordic, Middle East & Africa, China & Hong Kong, Australia, Singapore & Rest of APAC

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Key Vendor Analysis

The global data center rack market is witnessing partnerships between vendors and facilities operators, thereby driving the competition in the market. The construction of modular and prefabricated facility spaces is creating lucrative opportunities for leading players operating in the global market. The companies are focusing on expanding their product portfolios, reducing cost, increase warranty, provide additional services to sustain the intense competition in the market. The incorporation of innovative solutions such as rack-level UPS systems, PDUs, rack-level security systems, Ethernet cabling, and others will increase competition and boost revenues in the global data center rack market. The increase in rack scale high-performance computing infrastructure offerings will enable vendors to attract new consumers and gain a larger market share during the forecast period.

The major vendors in the global market are:
• Black Box Network Services
• Eaton
• HPE
• Rittal
• Schneider Electric
• Vertiv
• Tripp Lite

Other prominent vendors include AFCO Systems, AMCO Enclosures (IMS Companies), Beijing Finen Electronic Equipment, Belden, Cannon Technologies, C&F Group, Chatsworth Products, Conteg, Crenlo (Emcor), Dataracks, Delta Power Solutions (Delta Group), Fujitsu, Huawei, Legrand, Martin International Enclosures, Oracle, Panduit, Pentair (nVent), Preformed Line Products (Rack Technologies), and Rack Solutions.

Key market insights include:

1. The analysis of global data center rack market provides market size and growth rate for the forecast period 2018-2023.

2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the global data center rack market.

3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.

4. It offers a complete overview of market segments and the regional outlook of global data center rack market.

5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.

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