Press release
Data Center Cooling Market Future Opportunities 2024 by Top Companies – Black Box, Rittal GmbH & Co. KG, STULZ GmbH, Vertiv, Amazon Web Services, CenturyLink, Equinix, Interxion, T-Systems International GmbH
Data Center Cooling Market is predicted to grow at over 12% CAGR from 2017 to 2024. 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.Request for Sample Copy of This Report @ www.gminsights.com/request-sample/detail/423
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
The players in the data center cooling market include: -
1. AdaptivCOOL
2. The Air Conditioning Company
3. Airedale International Air Conditioning Ltd
4. Asetek
5. Black Box
6. Coolcentric
7. Ebullient
8. INTEGRATED ECO TECHNOLOGIES LIMITED
9. LiquidCool Solutions
10. Nortek Air Solutions, LLC
11. Rittal GmbH & Co. KG
12. Schneider Electric
13. STULZ GmbH
14. Johnson Controls
15. Submer Immersion Cooling
16. Vertiv
17. ABB
18. Amazon Web Services
19. CenturyLink
20. Equinix
21. IBM
22. Interxion
23. T-Systems International GmbH
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 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.
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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.
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.
Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/data-center-cooling-market
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.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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