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Data Center Rack & Enclosure Market Size 2024 to 2031.

04-11-2024 01:56 PM CET | Aerospace & Defense

Press release from: Report Prime

Market Overview and Report Coverage

A data center rack and enclosure refer to the cabinets used for housing servers, networking equipment, and other computing devices in a data center environment. These racks and enclosures provide physical security, organization, and cooling for the equipment, ensuring optimal performance and efficiency.
The data center rack and enclosure market is currently experiencing significant growth and is expected to continue expanding in the coming years. With the increasing demand for data storage and processing capabilities driven by the rise of cloud computing, IoT, big data analytics, and AI, the need for efficient and secure infrastructure in data centers is higher than ever.
Moreover, the shift towards edge computing and the deployment of data centers closer to end-users to reduce latency and improve performance are further driving the demand for racks and enclosures. The market is also witnessing innovations in rack design, such as modular and customizable solutions, to cater to the diverse needs of modern data centers.
Overall, the data center rack and enclosure market is poised for steady growth, with a projected CAGR of 10.00% during the forecasted period, fueled by the increasing data center construction activity and the adoption of advanced technologies that require robust infrastructure for storage and processing.

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Market Segmentation
The Data Center Rack & Enclosure Market Analysis by types is segmented into:
• 36U
• 42U
• 45U & 48U

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Data Center Rack & Enclosure Market offers various types including 36U, 42U, 45U, and 48U, referring to the height of the rack unit. The 36U rack is suitable for small to medium-sized data centers, while the 42U and 45U racks are commonly used in medium to large data centers. The 48U rack is ideal for large-scale data centers requiring ample space for equipment and cable management. Each type caters to different size requirements and scalability needs of data centers.

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The Data Center Rack & Enclosure Market Industry Research by Application is segmented into:
• BFSI
• Colocation
• Energy
• Government
• Healthcare
• Manufacturing
• IT & Telecom

Data center racks and enclosures are essential for various industries including BFSI, colocation, energy, government, healthcare, manufacturing, IT, and telecom. BFSI companies use them to securely store sensitive financial data, while colocation facilities rely on them for hosting multiple clients' servers. Energy sector utilizes them for managing power distribution systems. Government agencies store critical information in data center racks. Healthcare institutions require secure storage for patient records. Manufacturing companies use them for efficient data management. IT and telecom industries rely on racks for network equipment storage.

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In terms of Region, the Data Center Rack & Enclosure Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Data Center Rack & Enclosure market?
The global data center rack & enclosure market is seeing a shift towards more advanced and innovative solutions such as intelligent racks equipped with IoT sensors and software for remote monitoring and management. There is a growing demand for high-density racks to accommodate the increasing number of servers and networking equipment in data centers. Modular and customizable rack solutions are also gaining popularity to meet the specific needs of different data center environments. Additionally, sustainability and energy efficiency are becoming key considerations, leading to the development of eco-friendly rack designs and cooling systems. Overall, the market is moving towards more efficient and adaptable solutions to support the evolving needs of modern data centers.

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Major Market Players
Eaton Corporation is a global technology leader in power management solutions, including data center rack and enclosure products. The company has a long history of providing innovative solutions for power distribution and management. Eaton's data center products are known for their reliability, efficiency, and scalability, making them a popular choice among businesses of all sizes.
Fujitsu Ltd. is a Japanese multinational information technology equipment and services company that offers a wide range of data center solutions, including racks and enclosures. Fujitsu has a strong presence in the data center market, with a focus on delivering high-performance, energy-efficient products to meet the growing demands of modern data centers.
Schneider Electric SE is a multinational corporation that specializes in energy management and automation solutions, including data center infrastructure products. Schneider Electric's data center racks and enclosures are designed to optimize space, airflow, and cooling, helping businesses reduce energy costs and improve overall operational efficiency.
In terms of market growth and size, the global data center rack and enclosure market is projected to reach $3.94 billion by 2026, with a CAGR of 6.2% from 2021 to 2026. Some of the key drivers of market growth include the increasing adoption of cloud computing, the rise of edge computing, and the growing demand for high-density rack and cooling solutions.
Sales revenue for some of the companies mentioned above include Eaton Corporation with a revenue of $21.6 billion in 2020, Fujitsu Ltd. with a revenue of $36.2 billion in 2020, and Schneider Electric SE with a revenue of $27.2 billion in 2020. These companies continue to innovate and expand their product offerings to meet the evolving needs of the data center market and drive further growth in the industry.

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Phone: +1 507 500 7209
Email: sales@reportprime.com

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