Press release
Data Center Cooling Market Share Global Future Regional Trend, Leading Players Updates, Industry Demand, Current and Future Plans by Forecast To 2028
Data Center Cooling Market
The liquid cooling solutions for data center cooling are creating a massive turbulence in the industry globally. The liquid cooling technology is the ideal solution to cater the requirements of the next gen data center. This technology provides various advantages over the legacy air cooling systems including lesser carbon footprint, lower TCO, better energy efficiency, higher reliability of server, and less noisy data centers among other advantages. Despite some of the cons of liquid cooling solutions including requirement of maintenance skills for liquid cooling solutions and high CAPEX cost, it is advantageous over the long run.
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This has influenced the increase in energy consumption in the industry. Thus, there has been an increased focus on the social responsibility that prompts the data centers to lower the PUE. The energy cost of a data center is a substantial expense and the data center operators are constantly working to plummet these costs. Further, cooling is one of the major energy-intensive segments. The liquid cooling data centers around are witnessing around 20 - 30% reduction in the consumption of power, catering to the challenge of high power consumption in a data center.
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The report segments the global Market as follows:
By Technology (Augmented Reality and Virtual Reality),
By Component (Semiconductor Components, Sensors, and Others), and
By End-User Industry (Entertainment, Educational, Industrial, Medical, Real Estate & Architecture, Retail, Aerospace & Defense, and Others)
The data center cooling market is segmented on the basis of offering, cooling type, data center type, industry vertical, component, and geography. Based on type, the market is segmented into solutions and services. In 2021, solutions segment accounted for the largest market share. In terms of cooling type, the market is bifurcated into room based cooling, rack based cooling, and row based cooling. In 2021, room based cooling segment accounted for a larger share in the market.
The Key Players in The Global Market Are:
Asetek, Inc
Fujitsu Limited
Hitachi, Ltd
Nortek Air Solutions, LLC
RITTAL GMBH & CO. KG
Schneider Electric SE
STULZ GMBH
Trane Technologies plc
Vertiv Group Corporation
Black Box Corporation
Carrier Global Corporation
Aspen Systems, LLC
Based on data center type, the market is segmented into enterprise data center, colocation data center, wholesale data center, and hyper scale data center. In 2021, colocation data center segment accounted for a larger share in the market. Based on industry vertical, the market is segmented into BFSI, manufacturing, IT & telecom, media & entertainment, retail, government & defense, healthcare, energy, and others. In 2021, IT & telecom segment accounted for the largest market share. Based on component, the market is segmented into air handling units, chillers, cooling towers, air conditioning units, humidifiers, heat exchangers and others. In 2021, air conditioning units segment accounted for a larger share in the market.
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Impact of COVID-19 Pandemic on Data Center Cooling Market
The impact of COVID-19 differed from country to country across the European region as selected countries witnessed an increase in the number of recorded cases and subsequently attracted strict as well as longer lockdown periods or social isolation. However, Western European countries such as Germany, France, Russia, and the UK have seen a comparatively modest decrease in their growth activities because of the strong healthcare system. In order to protect its citizens from the COVID-19 virus, the European government has made tremendous investments in incorporating technologies in its healthcare systems to help identify signs of the virus
Answers that the report acknowledges:
Market size and growth rate during forecast period.
Key factors driving the Market.
Key market trends cracking up the growth of the Market
Challenges to market growth.
Key vendors of Data Center Cooling Market
Detailed SWOT analysis.
Opportunities and threats face by the existing vendors in Global Market
Trending factors influencing the market in the geographical regions.
Strategic initiatives focusing the leading vendors.
PEST analysis of the market in the five major region
Contact Us:
If you have any queries pertaining to the report or would like further information, feel free to reach out to us at-
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
ABOUT US:
The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are making sure that our customers get value of their money along with better quality data and analysis
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