Data Center Cooling Market Size Is Set To Fly High In Years To Come | Asetek, Airedale International Air Conditioning, Black Box Corporation, Fujitsu Limited, Hitachi, Nortek Air Solutions

Data center cooling refers to collective tools, techniques, and equipment that ensure temperature within permissible limit in data centers. Cooling system maintains required air circulation to each row and rack in data centers. These cooling systems consist of infrastructure, management, and monitoring. Infrastructure includes air ducts, chillers, air conditioners, and cooling towers. Management includes management software deployed in data center cooling and monitoring includes equipment & procedure for monitoring data center temperature.

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Governmental organizations are boosting their maintenance budgets for system infrastructure while simultaneously funding initiatives for project development, modernization, and enhancement. As a result of the investments' success, ICT vendors now annually set aside funding for the growth of the online market. Global ICT exports are anticipated to increase 3.9% on average year from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. Global supply has increased by 9.5% yearly since 2009. In terms of global ICT exports in 2021, Ireland came in first place with US$ 169. 32 billion. The rankings placed China at number 4, the United States at number 2, and India at number 3. Since 2009, Brunei has increased by 228.2% year over year, while Sierra Leone has decreased by 61.7% year over year.

By 2026, European ICT Revenue is likely to increase by 1.5% annually, from US$ 1,802,413 Million in 2021 to US$ 1,933,429 Million. The European market has increased by 3.1% annually since 2016. In terms of ICT Revenue in Europe in 2021, Germany came in first place with US$ 339,074 million. Positions 2, 3, and 4 in this ranking were held by the United Kingdom, France, and Ireland, respectively. Since 2016, Malta has increased by 16.5% year over year, while Italy has decreased by 0.2%.

Rise in demand for efficient and cost-effective data centers, green initiatives for eco-friendly data center solutions, and substantial growth with data centers and power density fuel growth of the global data center cooling market. However, requirement for specialized infrastructure & higher investment costs hinder growth of the global market. In addition, cooling challenges during power outage is also expected to impend growth of the global market.

Furthermore, emergence of liquid-based and portable cooling and rise in requirement for modular data center cooling approach are anticipated to fuel growth of the data center cooling market. The global data center cooling market is segmented on the basis of component, type of cooling, type of data centers, industry verticals, and region. On the basis of component, it is categorized into solutions and services.
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On the basis of type of cooling, it is divided into room-based cooling, rack-based cooling, and row-based cooling. On the basis of type of data center, it is segmented into enterprise data center, colocation data center, wholesale data center, hyperscale data center, and others. By industry vertical, it is segmented into BFSI, manufacturing, IT & telecom, media & entertainment, healthcare, government & defense, retail, energy, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global data center cooling market along with the current & future trends to elucidate the imminent investment pockets.
- Information about key drivers, restrains, and opportunities and their impact analyses on the market size is provided in the report.
- Porters five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global Data center cooling market from 2019 to 2027 is provided to determine the market potential.

KEY MARKET PLAYERS
- Asetek
- Airedale International Air Conditioning
- Black Box Corporation
- Fujitsu Limited
- Hitachi, Ltd.
- Nortek Air Solutions
- Rittal GmbH & Co. KG
- STULZ GmbH
- Schneider Electric
- Vertiv Co.

KEY MARKET SEGMENTS
By Component
- Solution
- Services

By Type Of Cooling
- Room-Based Cooling
- Rack-Based Cooling
- Row-Based Cooling

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By Type Of Data Centers
- Enterprise Data Centers
- Colocation Data Centers
- Wholesale Data Centers
- Hyperscale Data Centers
- Others

By Industry Vertical
- BFSI
- Manufacturing
- IT & Telecom
- Healthcare
- Government & Defense
- Retail
- Energy
- Others

By Region
- North America
o U.S.
o Canada
- Europe
o UK
o Germany
o France
o Russia
o Rest of Europe
- Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
- LAMEA
o Latin America
o Middle East
o Africa

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