Press release
Why the Data Center Cooling Market Is Set To Explode? | Key Players are Schneider Electric, Swegon, Rittal GmbH, Black Box, Vigilent, Nortek Air Solutions, AdaptivCOOL, and Airedale International Air Conditioning Ltd
In an era of digitalization and industrialization, several enterprises around the globe have been demanding enhanced IT infrastructure facilities that not only cater to the needs of modern workspaces but are also low on economic front. Thanks to the introduction of data center cooling technologies and devices, expanding data center networks are now able to maintain suitable environmental conditions for IT equipment operation. In fact, several OEMs in servers and network space, storage, and data center firms are looking forward to collaborating on vivid aspects to introduce novel innovations in the business space.
North America data center cooling market| Impact of thriving IT and telecom sector
Various credible reports suggest that North America market would account for a remuneration of USD 5 billion by the end of 2024, perhaps due to the expanding IT and telecom industry in the region. It has been observed that this sector calls in for huge demand of data center cooling devices owing to a prolific rise in digitalization and penetration of various technologies including cloud, big data, and IoT.
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Burgeoning demand for effective storage facilities is also encouraging the IT infrastructure producers to incorporate smart devices and effective solutions within these facilities. Such factors are expected to fuel adoption of effective heat management solutions in order to abate the overheating effect of IT facilities, producing a profitable path for North America data center cooling market.
Speaking of effective cooling technologies, it is quite evident that air conditioners are one of the widely accepted cooling techs in the North America data center cooling market. This can be ascribed to the technology’s innumerable merits such as minimal investments, low maintenance, and ease-of-installation. In fact, the solutions can also be installed in the server room to manage temperature and enable protection to electrical devices from overheating damages.
Europe data center cooling market| Impact of penetration of advanced and cost-effective technologies
With an anticipated revenue share of USD 6 billion over the span of 2017 to 2024, the Europe market is set to be driven by transforming IT infrastructure and escalating number of data center facilities in the region. Large scale companies are raising demands for effective cooling solutions amidst the ongoing technological expansion, which has eventually urged them to invest a huge share on managing their facilities.
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In line with evolving technological trends, data storage requirements in the regions are as well expanding, mainly due to the elevating adoption of cloud computing and connected technologies. In this regard, demand for effective heat management solutions has soared to all new heights over the years, accelerating adoption of data cooling devices in the region.
One of the generally used techniques in Europe data cooling market is the room based cooling. Reports state that room based systems are currently observing a massive traction across the regional enterprises and companies who are looking toward implementing cost-effective technologies. These systems offer potential advantages like easy installation, reduced maintenance costs, lesser operational costs, and ability to allow rapid changes to cooling pattern based in location and position of IT devices.
Asia Pacific data center cooling market| Impact of strategic efforts undertaken by industry conglomerates
Asia Pacific data center cooling market is foreseen to witness a lucrative growth curve in the years to come, due to the rising interest of global companies towards expanding their business operations and installation of IT facilities in the region. Say for instance, social media giant- Facebook announced its plans of building its data center facility in Singapore to boost up its business operations in the Asian countries.
In yet other incidence, Google has installed its infrastructure facilities in various countries such as China, Taiwan, and Singapore, offering tremendous opportunities to market players to invest accordingly in the market across these countries. Such facilities would demand for efficient cooling technologies to manage their IT facilities, subsequently stimulating the market dynamics.
Access sample pages of the report, “Asia Pacific Data Center Cooling Market Forecasts 2024” in detail along with the table of contents (ToC) @
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Considering the services segment across the market, the regional industry is highly characterized by installation and deployment services, as a gradual rise in modification and incorporation of new technologies have dramatically raised demand for such services. In addition to this, rapid business requirement evolutions with the expanding operations and activities of the enterprises are as well complementing the expansion of IT facilities and thus, these services.
Elaborating further on the industries that are leveraging endless benefits of these devices in APAC continent, it is pivotal to mention that retail industry is set to accrue massive gains in the overall regional industry on grounds of robust expansion of business activities in some of the global companies, including Aeon Group, Walmart, E-mart, and 7-Eleven amongst others.
These companies are focusing on installing infrastructure facilities for managing their customer data as well as sales, delivered via digital services and online retail operations. In this case, it is safe to declare that surging adoption of effective cooling solutions in these facilities would accentuate demand for data center cooling devices in APAC region.
APAC data center cooling market is highly concentrated and boasts of the presence of some of the prominent market players including AIRSYS Refrigeration Engineering Technology Co., Ltd., Black Box Corporation, Schneider Electric SE, Nortek Air Solutions, and others, who have been relentlessly working towards introducing advanced cooling solutions and services to diverse industrial segments. Citing an example, data center smart assistance integrated with artificial intelligence technology saves additional costs by estimating the cooling capacity required for a particular device.
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Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
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