Press release
Data Center Cooling Market 2019 Global Leaders: Degree Controls, The Mitsubishi Group, Fujitsu, Vertiv, IT Aire, 4energy, Schneider Electric SE, Hitachi
Market Highlights
The Data Center Cooling Market is growing due to rapid proliferation in big data and cloud computing services. The data center cooling offers energy efficient solutions to maximize the efficiency while ensuring the proper operation of data centers. The demand of data cooling solution increasing among various sectors such as Telecom & IT, BFSI & Retail, healthcare, and energy sectors that has resulted in the growth of data center cooling market. The high data volume and increasing number of enterprises shifting towards cloud based services has played an essential role in driving the data center cooling market. The various government regulations on carbon footprint and power efficiency of data center operations is also swelling the demand for environment friendly data center cooling solutions.
Taste the market data and market information presented through more than 40 market data tables and figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Data Center Cooling Research Report -Forecast to 2022.
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Segmentation
Global data center cooling market has been segmented as follows:
• By component, the market is sub-segmented into precision air conditioning, server cooling, chillers, economizer, air handling units, and others.
• By cooling type, the market is sub-segmented into liquid, and air.
• By service type, the market is sub-segmented into professional services and managed services.
• By organization size, the market is sub-segmented into small & medium (SMEs) enterprises and large enterprises.
• By verticals, the market is sub-segmented into IT & telecommunication, healthcare, BFSI, energy, government, and others.
Key Players
The Prominent players in the market of Data Center Cooling are- Fujitsu, Ltd. (Japan), Asetek A/S (Denmark), The Mitsubishi Group (Japan), Schneider Electric SE (France), Rittal GmbH & Co. KG (Germany), Hitachi, Ltd. (Japan), 4energy (U.K.), 3M (U.S.), Degree Controls (U.S.), Wakefield-Vette, Inc. (U.S.), HP Development Company, L.P. (U.S.), The Heico Companies LLC (U.S.), , Vertiv Co. (U.S.), IT Aire , Inc. (U.S.), Cloudsite Intelligent Data Centers (U.S.) among others.
Regional analysis
The global market for the data center cooling is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of data center cooling market is studied for North America, Europe, Asia-Pacific, and the rest of the world.
North America is the dominating region in the data center cooling market. Advancement in technology and presence of players in this region is supporting the growth of the data center cooling market. Substantial interest in R&D from private sector towards the improvement of data center cooling is a key factor that drives the market growth.
Asia-Pacific is expected to be the fastest growing market in the global data center cooling market due to increased ownership of smartphones and IoT based consumer electronics in the region. Similarly, the rising demand for wearable devices in countries such as China, Japan, South Korea, and India is one of the factors that influence the generation of a large amount of data to store and process, thus the requirement of the data center is increasing, driving the data center cooling market. Additionally, the presence of consumer electronics device manufacturers, BFSI, infrastructure development in the region is also expected to drive the market. Asia-Pacific is expected to be the fastest growing market during the forecast period. Large manufacturing hubs present in Japan, China, and India are involved in the construction of data centers, that is likely to influence the data center cooling market positively in the forecast period.
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Intended Audience
• System integrators
• OEMs
• Cloud Service Providers
• Technology consultants
• Enterprise service management vendors
• Consulting firms
• Electronic component suppliers
• Air conditioner manufacturers
• Telecom services providers
• Original equipment manufacturers
• Value-added service providers
• Data center cooling solution vendors
• Data center operators
• Data center colocation service providers
• System integrators
• Cloud service providers
• Colocation providers
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