01-14-2019 12:16 PM CET - IT, New Media & Software
Print

Data Center Cooling Market Insights | Key Players : Schneider Electric SE, Black Box Corporation, Nortek Air Solutions, LLC and Airedale International Air Conditioning Ltd.

Press release from: MarketsandMarkets



According to recent research "Data Center Cooling Market by Solution (Air Conditioning, Chilling Unit, Cooling Tower, Economizer System, Liquid Cooling System, Control System, and Others), Service, Type of Cooling, Data Center Type, Industry, and Region - Global Forecast to 2021", The data center cooling market is estimated to grow from USD 7.12 Billion in 2016 to USD 14.28 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 14.95%.

Browse 66 market data tables and 43 figures spread through 147 pages and in-depth TOC on “Data Center Cooling Market"
www.marketsandmarkets.com/Market-Reports/data-center-cool...
Early buyers will receive 10% customization on this report.

The data center cooling market is driven by factors such as the growing need to improve the overall data center efficiency, reduce additional heat generated by increased data center power densities, and increase focus on developing cost effective and eco-friendly data centers solutions.

Liquid cooling solutions segment is expected to grow at the highest CAGR

Liquid cooling solutions segment is expected to witness the highest CAGR during the period 2016 to 2021. Liquid cooling solutions make use of advanced engineered coolants that reduce the overall carbon footprint making them a more environment-friendly solution. Moreover, they provide efficient cooling for high power and server density data centers. These benefits are driving the market and are anticipated to help in propelling the data center cooling market to grow at the highest CAGR during the forecast period.

“Maintenance and support services segment to grow at the highest rate during the forecast period”

The maintenance and support services segment is expected to grow at the highest CAGR during the forecast period owing to the rapid adoption of data center cooling solutions in enterprise and large data centers, which require third-party assistance for maintenance of the cooling infrastructure and additional support for the liquid cooling infrastructure.

Speak to Analyst@ www.marketsandmarkets.com/speaktoanalystNew.asp?id=1038&u...

North America is expected to dominate the data center cooling market during the forecast period

The data center cooling market segments the global market on the basis of regions, which include North America, Asia-Pacific (APAC), Europe, Middle East & Africa (MEA), and Latin America. North America is expected to hold the largest share of the data center cooling market in 2016 due to the technological advancements and larger adoption of data center cooling technologies across a large number of industries in this region. The market in APAC is expected to grow at the highest CAGR between 2016 and 2021. The primary driving force for this growth is the increasing requirement for energy efficient and cost effective solutions in various industries.

The report also encompasses different strategies, such as mergers & acquisitions, partnerships & collaborations, and product developments, adopted by major players to increase their share in the market. Some of the major technology vendors include Schneider Electric SE (France), Black Box Corporation (U.S.), Nortek Air Solutions, LLC (U.S.), Airedale International Air Conditioning Ltd. (U.K.), Rittal GmbH & Co. KG (Germany), STULZ GmbH (Germany), Vertiv Co. (U.S.), Asetek (Denmark), AdaptivCOOL (U.S.), and Coolcentric (U.S.).

Request Bundle Report@
www.marketsandmarkets.com/RequestBundleReport.asp?id=1038...

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

This release was published on openPR.
News-ID: 1494521 • Views: 239
More releasesMore releases

You can edit or delete your press release here: