Global Data Center Cooling Market to Reach $28.29 Billion by 2027: COVID Impact, Trends and Forecast

Evolve business intelligence, today has published a new market research report on “The Global Data Center Cooling market was valued at $9.10 billion in 2019 and is anticipated to grow at a CAGR of 15.2% from 2020 to 2027”

For more information on the report: https://evolvebi.com/product/global-data-center-cooling-market/

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the data center cooling market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

In terms of COVID 19 impact, the data center cooling market report also includes the following data points:
• COVID19 Impact on data center cooling market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in data center cooling market

Analyst View
According to Swapnil, Principal Analyst, Evolve Business Intelligence, “the recent COVID scenario is expected to provide significant opportunities after a small dip in the overall sales of data center cooling equipment. The growing online businesses worldwide will require more data centers, which is expected to fuel the demand for data center cooling equipment.”

Competitive Scenario
Some of the major data center cooling players holding high market share include Ebullient, Inc., Rittal GmbH & Co. KG, Vertiv, and Nortek Air Solutions, LLC. These players use collaboration/expansion as a key strategy to gain significant market share to compete with market leaders.

Segmental Analysis
By Component Type
• Software
• Services
By Technique
• Air-Based Cooling
• Liquid-Based Cooling
By Type
• Room-Based
• Row-Based
• Rack-Based
By Type of Data Center
• Wholesale Data Centers
• Hyperscale Data Centers
• Enterprise Data Center
• Colocation Data Centers
By Verticals
• IT & Telecom, Healthcare
• Government & Defense
• Energy
• Manufacturing,
• Retail
• BFSI
• Others

Report Coverage
The study also contains a comprehensive value chain, as well as details on the key factors affecting the market growth (drivers, constraints, and opportunities). Furthermore, the report includes 10 key players in the data center cooling market ecosystem that have been strategically profiled, along with the market ranking/share for major players. Under the company profile section, the company’s core competencies have been comprehensively analyzed, along with detailing the competitive landscape for the market players, and the strategies such as partnerships and collaboration, acquisitions, product launches and developments, contracts, and business expansion adopted by them to grow in the market.

The key players profiled in the report are:
• Ebullient, Inc.
• Rittal GmbH & Co. KG
• Vertiv
• Nortek Air Solutions, LLC
• Equinix
• Hitachi, Ltd.
• Fujitsu Ltd.
• AdaptivCOOL
• Schneider Electric SE
• Black Box Corporation
• Liquid Cool Solutions, Inc.
• Coolcentric

To request a free sample report, click on the “Request Sample PDF” button on https://evolvebi.com/product/global-data-center-cooling-market/

Research Methodology
This research study makes substantial use of secondary sources, archives, and databases (such as annual reports, news releases, magazines, Trademap, company websites, and other paid databases) to classify and gather information valuable for this analysis. The entire process involves a review of top industry participants' financial records. Following the determination of the overall market size, the total market was divided into several segments and sub-segments, and this information was then verified through key industry specialists such as CEOs, directors, VPs, and marketing executives.

Report Objectives
• To define, describe, and forecast the data center cooling market, in terms of value, segmented on the basis of indication, type, technology, and geography
• To forecast the market size across 4 key regions—Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW)
• To provide detailed information regarding drivers, restraints, and opportunities, in the data center cooling market
• To provide an overview of the value chain analysis pertaining to the data center cooling industry
• To strategically analyze each segment and subsegment with respect to individual overall growth trends and their contribution to the overall data center cooling market
• To analyze opportunities in the market by identifying high-growth segments of the data center cooling market
• To profile key players in the data center cooling market and comprehensively analyze their core competencies
• To analyze competitive developments such as partnerships, product launches and developments, contracts, and mergers and acquisitions carried out in the global data center cooling market

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This release was published on openPR.