Press release
Data Center Cooling Market is set to Witness Huge Demand at a CAGR of 14.90% during the Forecast Period 2029
Global Data Center Cooling Market was valued at USD 12,072.88 million in 2021 and is expected to reach USD 41,963.69 million by 2029, registering a CAGR of 14.90% during the forecast period of 2022-2029.Industry Analysis
In the past years, data center cooling is being higly deployed by data center operators due to its various charachterstics, including nergy-efficient, cost-effective and eco-friendly nature. An increase in the utilization of 4G LTE networks is being witnessed due to the surge in number of data centers. Government of various countries support the technology due to its benefits.
"Installation and Deployment" accounts for the largest service sector owing to the high demand from small and medium enterprises (SMEs) as well as large organizations.
The data center cooling is defined as the collective tools, processes, equipment, and techniques that assists in ensuring an ideal operating temperature within a data center facility. Data center operators utilize cooling solutions for maintaining temperature in data centers within a permissible limit. Data centers work efficiently 24/7 to process huge chunks of data.
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Competitive Landscape and Data Center Cooling Market Share Analysis
The data center cooling market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to data center cooling market.
Some of the major players operating in the data center cooling market are:
• Schneider Electric (France)
• Vertiv Group Corp. (US)
• STULZ GMBH (Germany)
• Eaton (US)
• FUJITSU (Japan)
• Rittal GmbH & Co. KG (Germany)
• Daikin Applied (US)
• Black Box Corporation (US)
• ALFA LAVAL (Sweden)
• Nortek Air Solutions, LLC (US)
• Airedale Air Conditioning (UK)
• 3M (US)
• Coolcentric (US)
• Delta Power Solutions (India)
• EcoCooling (UK)
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