Data Center Cooling Market Global 2013 – 2020 Leading Players - Emerson, Schneider, Rittal, Stulz, IBM, HP, AdavtiveCOOL, and Hitachi.

ncrease in data volume and cloud adoption are the major market drivers for the growth of this market. The North American region will prove to be a major revenue contributor in the data centre cooling market during the forecast period. However, with the rise in industrialization, the Asia-Pacific market would also be a key region in the cooling market.

Data Center Cooling Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $11.65 billion by 2020, registering a CAGR of 13.17% during the period 2014-2020. Precision Air Conditioning (PAC) would drive the market significantly by the year 2020, as its setup cost is comparatively less than Precision Air Handling Unit (PAHU). The data centre cooling system market primarily includes two components chillers and air conditioners. Chillers contributed to 70% of total global data centre cooling market in 2013.

Amongst all verticals, telecom and IT, are the major contributors to the market revenue of the data center cooling market. The growing number of applications in healthcare and retail sector have a good scope in the data centre cooling solutions. A large amount of data processing is required due to the rapid increase in e-commerce sites and growth in hospital data. Banking, financial services and insurance (BFSI), Energy and others sector will prove as a moderate contributor, in terms of revenue, for the global data centre cooling market. The cooling technology giant, Emerson, launched an extended-size version of the ultra-silent outdoor coil condenser for data centre cooling systems which features an increased capacity of 220KW.

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The growth of the data center cooling market is supplemented by big data processing which requires more cooling solutions. Companies like Emerson, Schneider and Rittal are enhancing their cooling capacity to reduce extra power consumption. In order to gain higher market share, companies are adopting product launches along with acquisition and partnership as prime strategies. Prominent companies profiled in the report include Emerson, Schneider, Rittal, Stulz, IBM, HP, AdavtiveCOOL, and Hitachi.

Big data growth

Rapidly increasing data volume, velocity and veracity, due to increased use of internet. Increase in data volume has created demand for the data storage space, so that data can be processed and stored safely. Increasing data processing requires more cooling systems to ensure smooth processing of the data storage server. Thus, the requirement for humongous data processing would increase and influence the data cooling market.

Government regulations

ASHRAE (American Society of Heating, Refrigerating, and Air-Conditioning Engineers) is provider of technical standards and guidelines for cooling industry with respect to environment control technology. ASHRAE has proposed specific temperature and humidity levels, to prevent system failure due to high temperature. Hence, proper functioning of data centers would continue to drive the need for installation of efficient data center cooling systems.

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Cloud Computing

By 2016, it is expected that consumers would store most of their digital data using cloud services. Earlier, consumers stored data on PCs, but today they prefer cloud storage, which is increasing the amount of fresh data and consequently requires more storage space. With the availability of private cloud services, users can store their digital content in the cloud directly. Increasing trend of digital data generation drives the need of more cloud space and additional data center setup cost; thereby, boosting the demand for data cooling systems.

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