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Data Center Cooling Market In-Depth Analysis & Global Outlook by 2020-2025 | Scope & Future Growth Prospects Focusing Top Key Players Smile Mobility, Communauto, Beeline Singapore, Mobilleo, Velocia, Citymapper, Skedgo, Moovit, Moovel, Splyt, Ubigo, Qixxi
Data Center Cooling Market Size and Share 2020
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The system also consists of a temperature alarm system, which sends an automatic notification to the administrator in case of temperature rise in server room or rack. Generally, these types of features are provided through a separate vendor-provided cooling solution/software or the data centre management software.
Key Market Drivers and Restraints:
Drivers
Stringent environmental rules and regulations
Strict environmental rules and regulations in numerous countries are encouraging organizations to install green and efficient cooling systems and decrease their carbon footprint. The efficient cooling system helps processors & systems from damage by eliminating excessive heat from the data centre room. It also ensures reduced cost of operation by enhancing the data centre performance. Data centre cooling manufacturers offer advanced cooling techniques to help organizations reduce power and energy consumption. For example, a Switzerland based commercial humidifier manufacturer, Condair Group AG offers evaporative humidifier that uses less than 0.3kW of electricity.
Increasing adoption of connected devices is expected to drive the global data centre cooling market growth
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Rising IT infrastructure development in evolving economies is expected to drive the global data centre cooling market. Increasing adoption of technologies such as big data, IoT, and cloud has increased the data traffic generation in various companies, which rises the use of connected devices. It is expected that the volume of connected devices will reach 60 billion units by 2024. Moreover, internet penetration in Europe and the Asia Pacific has increased the demand for a large number of data centres.
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Key Applications:
IT & telecom industry holds the largest market share
Major end-use industries analysed in this market are IT & telecom, banking & finance, government and defence, retail, energy, manufacturing, and others. Among these, IT & telecom industry holds the largest share in the global data centre cooling market. The increasing necessity of on-premise private data storage centres is expected to increase the demand for the data centre cooling systems.
Regional Market Scenario:
Europe holds a significant share in the global data centre cooling market
Europe is expected to have a significant share in the global data centre cooling market over the forecasted period. The increasing necessity of efficient data centre cooling solutions in Europe has encouraged companies to focus more on reducing the costs associated with data centre operations. In addition to that, the constant development of new data centres in the region has created significant opportunities for companies. For example, Apple, Inc. spent around USD 2 billion for the development of two renewable energy-based data centres in Europe. These data centres are located in Ireland and Denmark that will provide power to Apple's online services, including iTunes Store, Maps, iMessage, Siri, and the App Store for customers across Europe. Additionally, with the rise in technology development, product expansion, and various strategies adopted by the major players has created a highly competitive environment in Europe region.
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Key Market Players
Smile Mobility
Communauto
Beeline Singapore
Mobilleo
Velocia
Citymapper
Skedgo
Moovit
Moovel
Splyt
Ubigo
Qixxit
Market Segments: Data Centre Cooling Market
By Solution
Cooling Towers
Economizer Systems
Liquid Cooling Systems
Air Conditioning
Chilling Units
Control Systems
Others
By Data Centre Type
Mid-Sized Data Centres
Enterprise Data Centres
Large Data Centres
By End-Use Industry
IT & Telecom
Banking & Finance
Government and Defense
Retail
Energy
Manufacturing
Others
By Region (tentative)
North America
US
Canada
Europe
Germany
France
UK
Russia
Asia Pacific
China
India
South Korea
Japan
South-East Asia
The Middle East and Africa
Saudi Arabia
South America
Brazil
Mexico
Key Sources
Industry Associations
Patent Websites
Company Annual Reports
Company Websites
Key industry leaders
Technology consultants
Software Development Companies
Others
Key Questions Answered
What are the key growth regions and countries?
What are the important types and technologies being used?
What are the market players doing, in terms of research and development?
Which are the new applications for this market?
What are the integrations happening?
What are the recent news, developments, mergers, or large value deals?
Key Stakeholders
Technology Support Providers
Data Centre Providers
Government & Defense Organizations
Original Equipment Manufacturers (OEMs)
Software Service Providers
Regulatory Authorities
Research and Innovation Organizations
Technocrats
Suppliers and Distributors
Other Channel Partners
Quality Control Organizations
Environmental Authorities
About Adroit Market Research:
Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.
Contact Information:
Ryan Johnson
Account Manager Global
3131 McKinney Ave Ste 600, Dallas,
TX75204, U.S.A.
Phone No.: USA: +1 (214) 884-6068 / +91 9665341414
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