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Data Center Cooling Market in North America 2020 - key vendors, growth probability, and future scenario | Schneider Electric Se; Black Box Corporation; Nortek Air Solutions, LLC; Emerson Electric Co
North America data center cooling market report includes in-depth analysis of the major market players including Schneider Electric Se, Nortek Air Solutions, LLC, Black Box Corporation, Hitachi, Ltd., Rittal Gmbh & Co. Kg, Emerson Electric Co., Stulz Gmbh, Fujitsu Ltd., Vertiv, and Asetek.
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The North America data center cooling market was pegged at $4.02 billion in 2017 and is projected to garner $9.18 billion by 2025, registering a CAGR of 11% from 2018 to 2025.
Based on type of data center, the market is bifurcated into enterprise data center, colocation data center, wholesale data center, and hyperscale data center. The enterprise data center segment dominated the market in terms of revenue generation. On the basis of industry vertical, the market is divided into BFSI, manufacturing, IT & telecom, media & entertainment, retail, government & defense, healthcare, energy, and others. The IT & telecom segment held the largest share in 2017.
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North America data center cooling market is divided on the basis of component, type of data center, industry vertical, and geography. On the basis of component, the market is divided into solution and service. The solution segment held the largest share in 2017 and is expected to continue its dominance throughout the study period. The is attributed to increase in number of energy efficient cooling solutions. However, the services segment is estimated to manifest the fastest CAGR through 2025 as the implementation of services ensures the effective functioning of solutions with control and transparency.
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