Press release
Data Center Cooling Market Forecast to Grow at 16.21% CAGR from 2024 to 2031 | SkyQuest Technology
Skyquest Technology
Data Center Cooling Market [https://www.skyquestt.com/report/data-center-cooling-market] size was valued at around USD 13.56 Billion in 2022 and is expected to rise from USD 16.35 Billion in 2023 to reach a value of USD 56.03 Billion by 2031, at a CAGR of 16.21 % during the forecast period (2024-2031).
The rising demand for energy-efficient data centers is creating lucrative opportunities for the market. The primary reasons for such growth prospects are rapid rise in data management and significant increase in the demand for data centers worldwide. Data centers consume huge amount of power that produces lots of heat, resulting the requirement for effective cooling equipment. Moreover, the rising popularity of the OTT platforms and streaming services has resulted in a significant increase in the data volumes, fueling the demand. The dramatic growth witnessed in the cloud service, the importance of big data, and enhanced penetration of connected devices are influencing the companies to invest in developing new data center facilities. Software-based data centers are also helping in the market growth by offering improved level of automation.
Download a detailed overview:
https://www.skyquestt.com/sample-request/data-center-cooling-market
Top Player's Company Profiles in Data Center Cooling Market
* Schneider Electric SE (France)
* Vertiv Co. (US)
* Eaton Corporation plc (Ireland)
* Rittal GmbH & Co. KG (Germany)
* STULZ GmbH (Germany)
* Asetek A/S (Denmark)
* Coolcentric (US)
* ClimateWorx International Inc. (Canada)
* Delta Electronics Inc. (Taiwan)
* Fujitsu Limited (Japan)
* Hewlett Packard Enterprise Development LP (US)
* IBM Corporation (US)
* Johnson Controls International plc (Ireland)
* Mitsubishi Electric Corporation (Japan)
* Nortek Air Solutions LLC (US)
* Trane Technologies plc (Ireland)
* Vigilent Corporation (US)
* Lenovo Group Limited (China)
* Huawei Technologies Co., Ltd. (China)
* CommScope Holding Company, Inc. (US)
* Munters Group AB (Sweden)
* Emerson Electric Co. (US)
Increasing Number of Data Centers to Create Demand for Low-Power Consuming Cooling Method Expanding the Market Growth
In recent times, the number of data center have increased because of the rising demand for additional storage of large volumes of data that are created on daily basis. However, such growing establishment of data centers increases overall energy consumption and also contributes to the excess generation of heat. This will help in developing a demand for low-power-consuming cooling techniques. With the advancement of technologies like Industry 4.0 and IoT there has been a prominent rise in the infrastructure spending. The use of advanced data center cooling solutions will help to improve the power consumption. This will assist the data centers to become more energy efficient and reduce their total operational expense.
Request Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/data-center-cooling-market
Segments covered
End-use Industry
BFSI, IT & Telecom, Research & Academic, Government & Defense, Retail, Manufacturing, Healthcare, Energy, Others
Type of Cooling
Rack-Based Cooling, Row/Room-Based Cooling
Solution
Air Conditioning, Chilling Units, Cooling Towers, Economizer Systems, Liquid Cooling Systems, Control Systems, Other
Services
Consulting, Installation & Deployment, Maintenance & Support
Data center type
Large, Enterprise, Mid-sized data centers
High Demand for Rear Heat Exchange System to Improve Cooling Methods Boosts Market
The rise of high computing capability altered the operational standards for data centers. It has made a more complicated environment by developing computer room air conditioning units an insufficient solution of their own. Nowadays, these inadequate rack cooling has become a problem in the data centers. Recently, companies have started adopting the rear heat exchange system that can help data centers to maintain rack density. RDHX is beneficial for both the latest design and existing data centers. Integrating this solution in the current high-density racks can enhance the cooling system. It can offer sufficient cooling while mitigating the requirement for complex under-floor air distribution. The densely packed electrical components like processors in data centers create more heat and have amplified exposure to the outside air. It is developing a huge demand for new cooling methods and innovations that can boost the data center cooling market.
* In April 2024, Accelsius Inc., a subsidiary of Innventure launched their direct to chip liquid cooling technology for data centers.
* In March 2024,Schneider Electric introduced its new cooling factory in Bengaluru. The objective of this factory is to develop advanced cooling solutions to increase efficiency.
* In March 2024, a new modular data centeroffering was unveiled by Nautilus data technologies. This new product segment eco core is based on the cooling technology manufactured at its data center.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/data-center-cooling-market
Surge in Adoption of Digital Infrastructure with Rising Computational Demand to Expand Development of Data Center Cooling Market
Many countries are massively investing in the data center cooling market. This is because of the increasing adoption of innovative technologies and digital infrastructure. Data centers organizations are applying unique cooling solutions that are effective and environmentally sustainable. This is primarily due to the rising computational demand from sectors like IT & telecom, financial services, and healthcare. These industries need dependable and efficient cooling technique to make sure the data centers operate at its finest.
Related Reports:
Metaverse Market [https://www.skyquestt.com/report/metaverse-market]
Visit Our Website: https://www.skyquestt.com/
Media Contact
Company Name: Skyquest Technology
Contact Person: Mr. Jagraj Singh
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=data-center-cooling-market-forecast-to-grow-at-1621-cagr-from-2024-to-2031-skyquest-technology]
Phone: +1 351-333-4748
Address:1 Apache Way, Westford,
Country: United States
Website: https://www.skyquestt.com/report/data-center-cooling-market
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Data Center Cooling Market Forecast to Grow at 16.21% CAGR from 2024 to 2031 | SkyQuest Technology here
News-ID: 3639602 • Views: …
More Releases from ABNewswire
Medicus Pharma Ltd. (NASDAQ: MDCX) Builds Momentum With Antev Acquisition and Pi …
In the biotech sector, meaningful news often serves as the spark that brings smaller companies into sharper investor focus. Clinical readouts, regulatory decisions, and strategic acquisitions can materially shift the outlook for a business that may have otherwise flown under the radar. These developments not only shape the future of a company's pipeline but can also reframe its value proposition in the eyes of the market. For investors, recognizing when…
Connecticut Waterproofing Services Leader Marks Nearly Five Decades of Reliable …
Eastern Waterproofing Co. Inc celebrates nearly 48 years of family-operated service in Connecticut, specializing in moisture control and basement dehumidification solutions for South Windsor, Hartford, and surrounding communities.
Eastern Waterproofing Co. Inc continues to set industry standards after nearly 48 years of providing dependable waterproofing services [https://maps.app.goo.gl/EhJ6zW2hAXsGnFdp9] throughout Connecticut. The South Windsor-based company has maintained its family-operated foundation since 1976, establishing itself as a trusted resource for homeowners and businesses facing…
Minuteman Press Reports Significant Growth in Traditional Printing Demand Amid D …
Minuteman Press reports 40% growth in traditional printing demand as businesses shift toward tangible marketing strategies, with local franchises adapting services to meet evolving customer needs nationwide.
The printing industry is experiencing a notable renaissance, with Minuteman Press [http://minuteman.com/] franchise locations nationwide reporting a 40% increase in demand for tangible marketing materials over the past 18 months. This market shift reflects a growing recognition among businesses that physical marketing materials create…
Agron Hoti Unveils Everflow, One of the Largest Paintings in History, at Tirana' …
Image: https://www.abnewswire.com/upload/2025/09/0b4fda5f58bb4f856771c4feab51721d.jpg
Albanian-born artist Agron Hoti has unveiled Everflow , a monumental 7,600 m painting created on the field of Tirana's National Stadium, marking one of the largest works ever completed by a single artist. From exile to international recognition, Hoti's journey reflects resilience, vision, and the pursuit of freedom through art that transcends galleries, expanding into stadiums, luxury hotels, public institutions, and the global art market.
A Life Forged in Hardship
Born…
More Releases for Cooling
Global Cooling Tower Market Size, Share, and Industry Outlook - 2024-2031 | SPX …
The latest report published by DataM Intelligence highlights the growth prospects of Cooling Tower market. The industry expansion is majorly driven by developments in technology across the globe.
Get a Free Sample PDF Of This Report (Get Higher Priority for Corporate Email ID):- https://datamintelligence.com/download-sample/cooling-tower-market?ca
The Global Cooling Tower Market is estimated to reach at a high CAGR of 4.38% during the forecast period (2024-2031).
A cooling tower is a heat rejection device used…
Cooling Tower Market Growing Rapidly by 2031 - SPX Cooling Technologies, Inc., C …
Cooling Tower Industry Analysis, according DataM Intelligence. Although data provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.
Will the Cooling Tower market emerge as the sector's next great thing? To discover the answer, look at the Cooling Tower market analysis and projections. In-depth…
Cooling Tower Market Growing Rapidly by 2031- SPX Cooling Technologies, Inc., Cl …
DataM Intelligence has published a new research report on "Cooling Tower Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
Get a Free Sample Research PDF -…
Cooling Tower Market is Booming Worldwide |Cooling Tower Systems, STAR Cooling T …
According to HTF Market Intelligence, the Global Cooling Tower market to witness a CAGR of 4.29% during the forecast period (2024-2030). The Latest Released Cooling Tower Market Research assesses the future growth potential of the Cooling Tower market and provides information and useful statistics on market structure and size.
This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify potential gaps and…
What's driving the Cooling Tower Market trends? Key Players are Haman, Internati …
MarketStudyReport.com Adds New Cooling Tower Market 2019 - 2025 research report providing information and data By Product, By Technology, By Design, By Build, By Construction Material, By Application, Industry Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast spreading across 450 Pages with table and figures in it.
Ongoing investment in the upstream sector across the Asia Pacific & Middle East region will positively influence the business landscape. Prevailing expansion…
Cooling Tower Market Growth Overview Analysis of International Cooling, Reymsa, …
Based on data compiled by Market Study Report, LLC, this report on ‘Cooling Towe Market’ delivers a succinct analysis on industry size, regional growth and revenue forecasts for the upcoming years. The report further sheds light on significant challenges and latest growth strategies adopted by manufacturers who are a part of the competitive spectrum of this business domain.
Cooling Tower Market share is predicted to surpass USD 3 billion by…
