Press release
High Density Racks (>100Kw) Market Is Projected To Grow At A CAGR Of 8% Between 2022 And 2032
The total demand for high density racks (>100Kw) is anticipated to reach US$ 6758.1 Million by 2032, growing at a CAGR of 8% between 2022 and 2032. Sales increased significantly between 2016 and 2021, registering a CAGR of 6.1%. High density racks are most useful in locations with high space costs and are advantageous to users in that they guarantee that the zone's design and size are sufficient to accommodate growth for at least five to ten years of capacity.
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High density racks are primarily used to support high density computing in data centres, where they support information technology and various networking equipment such as switches, servers, and routers. The overall demand for high density racks (>100Kw) is projected to grow at a CAGR of 8% between 2022 and 2032, totalling around US$ 6,758.1 Million by 2032.
The North America high density racks (>100Kw) market is expected to accumulate a market share of 24.6% in 2022. On a geographic basis, the US is anticipated to be the one of the largest high density racks (>100Kw) markets due to the presence of a lot of exporters. Technological innovation and advancement will further optimize the performance of the product, making it more widely used in various applications.
With a share of 21.4%, the European region is anticipated to be the second-largest market for high density racks (>100Kw). Demand for high density racks (>100Kw) is anticipated to rise as a result of an unavoidable need for better performance.
A strong economic landscape, huge IT budgets, high technology assimilation, and the early adoption of advanced technologies, such as edge computing, High performance computing (HPC), and AI, are expected to boost the demand.
Netrack India announced the release of the NRSE series high-density closed rack solution for a reliable data centre in February 2022. High-density data centres are essential for managing high-density applications. Server cabinets and racks are the foundation of a data center's capability. There are various cabinets available for data centre applications. Choosing the right server rack for a high-density data center is crucial for its functionality.
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Key Segments Covered in the High Density Racks (>100Kw) Industry Analysis
By Type:
• Drive-in Rack
• Drive-through Rack
By Cooling:
• Refrigerant
• Water
• Direct Expansion
• Air Flow
By End Use:
• Distribution Centers
• Warehouses
• Food Processing Plants
• Big-box Retail Outlets
• Data Center
Contact:
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Dubai
United Arab Emirates
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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