Press release
Data Center Cooling Market Research is expecting to accrue strong growth in forecasts frame 2032
Data Center Cooling Market
Due to its green, economical, and efficient characteristics, data centre cooling is being quickly embraced by data centre operators. As 4G LTE networks are used more frequently, there are more data centres. In order to lower the overall IT cost for data centres, there is a surge in demand for data centre cooling solutions as the number of data centres increases.
To keep the temperature in data centres within an acceptable range, data centre operators utilise cooling technologies. To process enormous amounts of data, data centres must operate effectively around-the-clock. Equipment used for data processing releases heat energy, necessitating cooling to prevent equipment damage from overheating. In essence, cooling systems can be either water- or air-based. Through cooling with air, In order to maintain temperature, air is pumped in data centres. On the other hand, water-based cooling is further divided into two types: immersion cooling and water-cooled racks, where liquid coolants are pumped over heated components to keep them at a constant temperature.
Due to the rise in the number of energy-efficient cooling solutions, the solution segment dominated the data centre cooling market by component in 2019 and is predicted to do so again in the years to come. Due to their cost- and energy-effectiveness, air conditioners in the solution sub-segment held the majority of the market share for data centre cooling. Therefore, there is a need for effective cooling due to the growth in data centre density and the number of data centres. To keep temperatures below acceptable limits, air conditioners circulate air in high-density racks with the use of air ducts.
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However, due to an increase in the number of service providers for installation and deployment, support & maintenance, and data centre consulting, services in the component segment of the data centre cooling market experienced the highest CAGR. options for cooling. Since cooling leaks could cause equipment damage, data centre cooling solutions must be installed correctly.
Increase in demand for efficient and cost-effective data centers
Enterprises are currently reducing their IT costs in order to increase their profits. Additionally, the number of data centres is growing quickly, giving businesses a large selection of data centres to pick from. In order to survive in the cutthroat market for data centre cooling, data centre operators are lowering their pricing range for hiring businesses. In a competitive environment, data centres operate around-the-clock and produce a lot of heat, which can lead to data loss or centre failure. Cooling solutions maintain the temperature inside data centers within permissible limits and help them to work without interruption. Because these cooling systems use less energy and are therefore more affordable, data centres are adopting more advanced cooling systems. Additionally, these cooling systems guard against equipment damage. lowering the expense of maintenance in data centres. Because of the rise in demand for data centres that are affordable, innovative cooling systems in data centres are what are driving the market's expansion.
Segmentation:
By Component:
• Solution
• Services
By Industry Vertical:
• BFSI
• Manufacturing
• IT & Telecom
• Media & Entertainment
• Government & Defense
• Healthcare
• Energy
• Others
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Geography:
The data center cooling market is dominated by North America, followed by Europe and the Asia-Pacific region. The United States is the largest market for data center cooling solutions, driven by the high concentration of data centers in the region, particularly in Silicon Valley and other major technology hubs. Europe is the second-largest market, led by countries such as the UK, Germany, and France. The Asia-Pacific region is also experiencing significant growth, driven by the rapid expansion of data centers in countries such as China, India, and Singapore.
Company Profiles:
• 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
Key Benefits For Stakeholders
This study includes the analytical depiction of the global market forecast and trends to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and Data center cooling market opportunity.
The current market size is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the data center cooling industry.
Porter's five forces analysis illustrates the potency of buyers & suppliers in the data center cooling market.
FREQUENTLY ASKED QUESTIONS
What is the Future Market Value for Data Center Cooling Market?
What is the Growth Rate of the Data Center Cooling Market?
What are the Major Companies Operating in the Data Center Cooling Market?
Which Countries Data is Covered in the Data Center Cooling Market?
What are the Main Data Pointers Covered in Data Center Cooling Market Report?
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About Us
Analytics 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. Analytics 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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