Data Center Cooling Market: Growing at a CAGR of 9.8%: Will Hit 28.97 Billion by 2032: Says Emergen Research

The global data center cooling market size was USD 11.40 Billion in 2022 and is expected to register a steady revenue CAGR of 9.8% during the forecast period, according to latest analysis by Emergen Research. Technological advancements in data center cooling systems is the primary factor driving market revenue growth. Cooling is a standard part of data center operations as servers constantly run 24/7, which increases the core temperature, which, if not controlled, can lead to a data center outage.

Direct-to-Chip (D2C) cooling is a more contemporary liquid cooling approach that uses tubes to feed liquid coolant to a chip. The coolant absorbs and transfers heat from the chip, directly cooling Central Processing Units (CPUs). D2C cooling is regarded as one of the most effective and efficient methods of removing heat from data centers. In addition, Calibrated Vectored Cooling (CVC) is a data center cooling system designed for high-density servers, which optimizes the airflow path through equipment to let the cooling system to handle heat more effectively, allowing the ratio of circuit boards per server chassis to increase and less enthusiasts to be used.

Moreover, increasing data generation and consumption across various sectors is another factor driving revenue growth of the market. Data center cooling is the system that maintains ideal operating environment for all of the equipment in a data center and enables servers to stay online for longer periods of time. Maintaining an optimal temperature range is essential for the efficient operation of Information Technology (IT) equipment. Furthermore, proper cooling ensures that servers and other components operate within their specified temperature limits, optimizing overall system performance, hence driving market revenue growth.

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Some Key Highlights From the Report
• The solution segment accounted for largest revenue share in the global data center cooling market in 2022. This is due to rising demand for data center cooling solutions since using energy-efficient computer units in the infrastructure not only reduce electricity consumption, but the system also generates less heat, requiring less energy to cool the environment and minimizing the likelihood of overheating. Every piece of IT equipment that uses power generates the same amount of heat. Proper cooling prevents IT equipment from overheating, ensuring consistent performance and reducing the risk of hardware failures.
• The room-based cooling segment is expected to register steadily fast revenue growth rate in the global data center cooling market during the forecast period. This is attributed to increasing need for room-based cooling as these are designed to provide a more even distribution of cooled air throughout the entire data center. This helps to maintain a consistent temperature across server racks, preventing hot spots and ensuring optimal operating conditions for all IT equipment. In addition, room-based cooling solutions offer scalability, which allows data centers to adapt to changes in IT infrastructure and capacity requirements, hence driving revenue growth of this segment. Adding or removing server racks can be done more easily without the need for extensive modifications to cooling systems.
• The Asia Pacific market accounted for largest revenue share in the global data center cooling market in 2022. This is due to rising demand for efficient data center cooling in various sectors, such as Banking, Financial Services, and Insurance (BFSI), and Information Technology (IT) & Telecom, for maintaining optimal operating conditions and ensuring the reliability and longevity of IT equipment. In addition, increasing strategic initiatives taken by major companies is also expected to drive market revenue growth of this region during the forecast period.

Some major companies in the global market report include:
Schneider Electric, Vertiv Group Corp, AIREDALE INTERNATIONAL AIR CONDITIONING LTD, STULZ GMBH, Rittal GmbH & Co. KG, Black Box, Nortek Air Solutions, LLC, 3M, Asetek, Inc., Delta Electronics, Inc., Fujitsu, Siemens, ALFA LAVAL, Trane Technologies plc, Johnson Controls, ABB, Degree Controls Inc., Geoclima S.r.l. Unipersonale, KyotoCooling, and Motivair Corporation.

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The global Data Center Cooling market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Data Center Cooling sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.

Emergen Research has segmented the global data center cooling market on the basis of component, cooling technique, type of cooling, end-use, data center type, and region:

Component Outlook (Revenue, USD Billion; 2019-2032)
o Solution
1. Air Conditioning
2. Chilling Units
3. Cooling Towers
4. Economizers Systems
5. Control Systems
6. Others
o Services
1. Consulting
2. Installation & Deployment
3. Maintenance & Support

Cooling Technique Outlook (Revenue, USD Billion; 2019-2032)
o Air-based Cooling
1. Direct Expansion (DX) Cooling
2. Chilled Water Cooling
o Liquid-based Cooling
1. Immersion Cooling
2. Cold Plate Cooling

Type of Cooling Outlook (Revenue, USD Billion; 2019-2032)
o Room-Based Cooling
o Row-Based Cooling
o Rack-Based Cooling

End-use Outlook (Revenue, USD Billion; 2019-2032)
o Information Technology (IT) & Telecom
o Banking, Financial Services, and Insurance (BFSI)
o Healthcare
o Government & Defense
o Research & Academic
o Retail
o Energy
o Manufacturing
o Others

Data Center Type Outlook (Revenue, USD Billion; 2019-2032)
o Large Data Centers
o Enterprise Data Center
o Mid-Sized Data Center

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