Press release
Data Center Cooling Market Is Projected To Reach USD 32,308.7 Million By 2033 At A CAGR Of 15.0% From 2023 To 2033
The global data center cooling market size was valued at USD 15,541.8 million in 2022, and is projected to reach USD 32,308.7 million by 2033 at a CAGR of 15.0% from 2023 to 2033.This data centre cooling market report details recent developments, trade regulations, import-export analysis, production analysis, value chain optimisation, market share, impact of domestic and local market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, and geographical information Contact We Market Research for an Analyst Brief to learn more about the data centre cooling market. Our staff will assist you in making an informed choice to build your business.
The term "data centre cooling" refers to the monitoring, measuring, and control of data centre resources and energy consumption in IT-related equipment including servers, network switches, and storage, as well as infrastructure parts like computer room air conditioners and power distribution units. Data centres must utilise their IT hardware infrastructure and services, such as servers, power distribution units (PDUs), and other components, to the fullest extent possible in order to support the rapid increase of data storage and facilities such as backup data and archiving managing verification, and authorisation. The effective running of a data centre requires optimal planning, predictive analysis, and the regulation of load power, server, and process automation capacities.
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With a focus on manufacturers in various countries, the worldwide Data Centre Cooling market is divided based on application, end user, and region. The investigation of the various elements that contribute to the industry's growth in the study is in-depth. The extent of various segments and applications that may later have an impact on the industry is also provided by this study. This study includes pricing analysis based on each type, manufacturer, regional analysis, and price. The Data Centre Cooling Share study gives a general overview of market value structure, cost drivers, and other driving variables. It also analyses the industry environment before looking at the worldwide industry size, demand, application, revenue, product, region, and segmentation.
The research highlights the supply chain for raw materials, distributors, main suppliers, changing price trends, and the market share of data centre cooling.The Data Centre Cooling Market Size study gives crucial details about the current market size of this industry, as well as lists the market's segments and growth prospects for this particular business sector.This report focuses on the manufacturers in the data centre cooling market to analyse sales, value, market share, and future development plans.
Key Companies
• Schneider Electric SE
• Vertiv Co.
• Stulz GmbH
• Rittal GmbH & Co. KG
• Airedale International Air Conditioning Ltd
• Mitsubishi Electric Corporation
• Asetek A/S
• Submer Technologies SL
• Black Box Corporation
• Climaveneta S.p.A.
• Delta Electronics, Inc.
• Huawei Technologies Co., Ltd.
• Fujitsu Limited
• Hitachi, Ltd.
• Nortek Air Solutions, LLC
Segmentation:
Data center cooling is an essential aspect of data center infrastructure management. It is a critical factor that contributes to the efficient operation of data centers by preventing the overheating of servers, network equipment, and other IT hardware. The following are some of the segmental trends in data center cooling:
Air-based coolig: Air-based cooling is the most common method of data center cooling. It involves the use of computer room air conditioning (CRAC) units to cool the air within the data center. This method has been in use for many years and is still widely used today.
Liquid-based cooling: Liquid-based cooling is a newer method of data center cooling that is gaining popularity. It involves the use of liquid-cooled racks, which are more efficient at removing heat from the data center than air-based systems. This method is also more environmentally friendly because it requires less energy to cool the data center.
Free cooling: Free cooling is a technique that uses outside air to cool the data center instead of relying on mechanical cooling systems. This method is becoming more popular due to its cost-saving benefits and environmental friendliness.
Direct-to-chip cooling: Direct-to-chip cooling is a method of cooling individual processors within the data center. It involves the use of specialized cooling units that are attached directly to the processors. This method is highly efficient at removing heat from the processors, which can improve their performance and lifespan.
Modular cooling: Modular cooling is a method of data center cooling that involves the use of self-contained cooling units. These units can be installed quickly and easily, making them ideal for data centers that require rapid deployment or frequent reconfiguration.
Overall, data center cooling is a rapidly evolving field, and new cooling technologies and methods are being developed all the time. As data centers become increasingly important to modern business operations, it is likely that the demand for innovative and efficient cooling solutions will continue to grow.
By Component:
• Solution
• Services
By Industry Vertical:
• BFSI
• Manufacturing
• IT & Telecom
• Media & Entertainment
• Government & Defense
• Healthcare
• Energy
• Others
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Market Dynamics:
The cost of cooling in data centres makes up a sizeable portion of the total energy consumption. Data centre owners are eager to use affordable cooling technology to alleviate this expense issue as a result of this reason. Large data centres have been able to lower both operational and capital cooling expenses by utilising chiller-less data centres that rely on outside air for cooling. Additionally, data centre cooling devices like economizers use the weather outside to cool data centres, lowering energy and cooling costs.
Standard data centre temperatures range from 20 to 22 degrees Celsius in order to maximise performance. operational cooling systems and equipment can take up to 33% of the energy utilised when running a data centre in a warm region, and power prices can make up more than half of operational expenditures. High-temperature data centres can lower capital costs because they don't require chillers or other cooling equipment to keep the data centres and IT equipment below ambient temperatures because they were specifically intended for hot circumstances. In addition, operating expenditures can anticipate a decrease of 96 percent in cooling costs and a spectacular 45 percent in overall electricity costs with the right equipment.
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Key Objectives of This Report are: -
● The market analysis report provides a comprehensive overview of the industry, including both qualitative and quantitative analysis based on the segmentation of economic and non-economic factors.
● The report also includes market value data in USD billion for each segment and sub-segment, as well as information on the fastest-growing and dominant segments and regions.
● Furthermore, the report analyzes the market consumption and factors affecting the market in various regions.
● It also features a competitive landscape, ranking major players, and detailing new service/product launches, partnerships, business expansions, and acquisitions in the past five years.
● The report extensively profiles significant market players, providing company overviews, insights, product benchmarking, and SWOT analysis.
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About We Market Research:
WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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