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Data Center Cooling Market Global Rising Demand & Huge Scope Till 2031

10-14-2024 02:00 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

Data Center Cooling Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Air Conditioning System, Chillers, Air Handling Units, Cooling Towers, Heat Exchangers, Humidifiers, and Others), Cooling Type (Room Based Cooling, Row Based Cooling, and Rack Based Cooling), Data Center Type (Hyperscale Data Center, Colocation Data Center, Wholesale Data Center, and Enterprise Data Center), Industry Vertical (IT & Telecom, BFSI, Healthcare, Manufacturing, Government & Defense, Media & Entertainment, Retail, Energy, and Others), and Geography The data center cooling market size was valued at US$ 13.29 billion in 2023 and is expected to reach US$ 45.70 billion by 2031; it is estimated to record a CAGR of 16.7% from 2023 to 2031.

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Competitive Landscape: Data Center Cooling Market:
The data center cooling market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. North America dominated the market in 2023, followed by APAC and Europe, respectively. In North America, the data center cooling market has seen substantial developments and innovations, driven by the rising adoption of cost-effective, energy-efficient, and environment-friendly cooling solutions in line with various stringent conservational safety rules offered by governmental bodies. Moreover, companies are launching products to contribute to the growth of the North America data center cooling market. For instance, in November 2023, Vertiv, a global provider of critical digital infrastructure and continuity solutions, introduced the Vertiv SmartMod Max CW, a prefabricated modular data center built to address the increasing demand for rapid deployment of computing in North America. This configurable and scalable solution supports up to 200kW of total IT load in a single system and utilizes chilled water cooling for low environmental impact and high energy efficiency in data center operations. The introduction of this solution aligns with the increasing need for efficient and rapid deployment of computing resources in the region. This development reflects the significant growth and innovation in the data center cooling market in North America, driven by the rising demand for energy-efficient and environmentally friendly cooling solutions.

Asetek, Inc
Fujitsu Ltd
Mitsubishi Corp
Rittal GmbH & Co KG
Schneider Electric SE
Stulz SpA
Trane Technologies Plc
Vertiv Group Corp.
Black Box Corporation
Carrier Global Corp
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Chapter Details of Data Center Cooling Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Data Center Cooling Market Landscape
Part 04: Data Center Cooling Market Sizing
Part 05: Data Center Cooling Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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