Data Center Cooling Market Industry Growth-Share Estimates, Consumption Demand Status, Forthcoming Developments and Global Trends Forecast till 2027

Data Center Cooling has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics have been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio, and recent developments. The Market share and Market size prominent players for 2022 to 2027 are profiled in this report.

Data Center Cooling is envisaged to record an expansion at the CAGR of 12.5% over the forecast period, 2022 - 2028

Competitive Landscape:

 Major Vendors,  Other Vendors and Others

Industry News:

 - June 2020 - Asetek announced a collaboration with Hewlett Packard Enterprise (HPE) to deliver its premium data center liquid cooling solutions in HPE Apollo Systems, which are high-performing and density-optimized to target high-performance computing (HPC) and Artificial Intelligence (AI) needs. The integration enables the deployment of high wattage processors in high-density configurations to support compute-intense workloads.
- May 2020 - EcoData Center in Falun, the world's first climate-positive data center deployed a new method for liquid-based cooling, developed in a collaboration between Schneider Electric, Iceotope and Avnet. The plant in Falun is entirely powered by renewable energy sources attributable to the integration with Falu Energi & Vatten all waste heat is led back to the heating plant. To further reduce energy consumption, a completely new, chassis-based liquid cooling method is now being installed. The method has been developed in a collaboration between the energy specialist Schneider Electric, the cooling technology company Iceotope and the consulting company Avnet, which works with technical integration. Implementation is estimated to reduce energy consumption for rack cooling by up to 90 %and for the entire data center by about 14%.

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Scope of the Report

- Development in IT Infrastructure in emerging countries is driving the market. The increasing construction of hyperscale facilities with a power capacity of over 50 MW will fuel the need for innovative infrastructure in the market over the next few years globally in developed countries. According to the National Association of Software and Services Companies (NASSCOM), IT exports from India may exceed USD 330 billion by 2019-20. This accounts for nearly 14% of the projected worldwide spend if India maintains its current share of the global offshore IT market.

Key Market Trends

Information Technology Industry to Witness Highest Growth

- The IT industry needs on-premise private data storage centers and hyperscale data centers for its operations according to the size of the organization. Additionally, the adoption of cloud storage has increased over the years due to growth in SaaS providers, which is enabling cloud storage providers to expand their capacities and is expected to increase the demand for data center cooling systems.

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Asia-Pacific to Register a Significant Growth

- Asia-Pacific to witness high market growth in the future. China is one of the major markets for data center cooling solutions, owing to the exponential growth in the number of data centers in the country, along with the government's policies to support more energy-efficient infrastructure in the country.

Highlights about Data Center Cooling report coverage:

- A complete background analysis, which includes an assessment of the Global Data Center Cooling.

- Important changes in Data Center Cooling dynamics

- Data Center Cooling segmentation up to the second & third level regional bifurcation

- Historical, current, and projected size of the Data Center Cooling with respect to both value (Revenue) and volume (Production & Consumption)

- Reporting and evaluation of recent Data Center Cooling industry developments

- Data Center Cooling shares and strategies of key players

- Emerging niche Data Center Cooling segments and regional markets

- An objective assessment of the trajectory of the Data Center Cooling .

- Recommendations to companies for strengthening their foothold in the Data Center Cooling .

The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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