Data Center Precision Air Conditioning Market Growth Opportunities And Size 2022 Industry Specific Trends, Development Scope, Demand, Forecast To 2028

Market Overview:
The Global Data Center Precision Air Conditioning Market is expected to grow at a significant growth rate over the forecast period 2022-2028, considering base year as 2021.

Data center racks are supplied with cold air from an indoor unit, and hot air is released from specific outlets by an outdoor unit in the precise air conditioning system for data centres. It helps maintain the humidity and temperature of delicate electrical components. Moreover, demand for data center precision air cooling systems is growing globally since it minimizes early equipment failures and expensive downtime. The performance and dependability of information and technological equipment are optimized by data center air conditioning systems (ITE). Additionally, standard comfort cooling systems cannot lower the temperature in data centres since they are high-density enclosed rooms that produce a lot of heat. As a result, data center air conditioning systems are selling better all over the world.

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Market Dynamics:
Driver:
The main drivers anticipated to drive the market expansion are the increasing demand for energy-efficient data centres, considerable investment by colocation service and managed service providers, and expanding hyperscale data center building. Additionally, the development of big data, cloud computing, and the Internet of Things (IoT) has made it possible for businesses to invest in new data centres in order to preserve business continuity. This is the second significant aspect that will probably increase market size in the approaching years.

Key Market Trends:
Software-based data centers contribute to the market growth by providing the enhanced automation level. Advent of IoT and connected technology has hastened various businesses to shift towards digital transformation that has again surged the necessity for an advanced data center ecosystem that ensures scalability, quick deployment, security, flexibility, and availability. This shift in business trend is paving way for the advancement and development of innovative solutions that is highly agile, cost-effective, and software-defined. These factors expected to create the lucrative opportunities in the upcoming years.

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Market Segmentation
By Products
• CRAC Unit
• CRAH Units
By Deployment
• In-row cooling
• In-rack cooling
• Centralized

By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)

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Key Players For The Data Center Precision Air Conditioning Market
• AAON Inc.
• Airedale Air Conditioning Ltd.
• Black Box Corp of Pennsylvania
• Data Aire Inc.
• Delta Electronics Inc.
• Mitsubishi Electric Corp.
• Rittal GmbH & Co. KG
• Schneider Electric SE
• STULZ GmbH
• Vertiv Holdings Co. and other major key players.

Key Industry Developments In The Data Center Precision Air Conditioning Market
March 2022, Equinix has planned to open a new data center of 24,200 square feet with an investment of $90 million in Dywidagstrasse 10 in Aschheim with more than 800 cabinet capacity.

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• Market drivers, opportunities, threats, challenges, investment opportunities, and recommendations
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• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
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