Press release
Data Center Cooling Market Global Analysis Expect to Reach USD 20 billion over the period 2024.
Data Center Cooling Market, Data Center Cooling Market Study, Data Center Cooling Market Size, Data Center Cooling Market Segmenta
The increasing need to offer systems with high efficiency which do not need high energy consumption will drive the data center cooling market in the next seven years. The green data centers are gaining traction in the industry due to the need for energy efficient cooling systems as they utilize renewable sources of energy.
There is an inclination towards the adoption of containerized data centers and construction of modular data centers have increased to deliver high efficiency. They also help in reducing the energy consumption and carbon emission levels, thereby fueling the data center cooling market demand. These data centers are anticipated to witness growth in the enterprises because of their effectiveness, and their ability to adapt to variations in humidity and temperatures.
Future Scope:
The colocation application segment is expected to grow at a significant rate in the data center cooling market as it offers more flexibility and so that it is easy to scale up the IT environment and align the business at the same time.
It also helps the service providers in focusing on their core competencies and focus less on the management of the data centers. In addition, it offers cost effectiveness as it reduces the total cost of ownership of the equipment.
The data center cooling market in Asia Pacific is expected to witness significant growth owing to the flourishing financial sector in developing economies such as India.
The rising requirement for cost effective and energy efficient solutions to minimize the energy consumption levels will have a positive impact on the industry in the region. Furthermore, the demand for cloud data centers will also augment the demand in the region.
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Some of the players in the data center cooling market include Black Box Corporation, Schneider Electric Se, Airedale International Air Conditioning Ltd, Stulz GmbH, Rittal GmbH & Co. KG, Vertiv Co., Asetek, and Coolcentric. The major industry players are investing in R&D to integrate advanced technologies. Moreover, they are entering into long-term partnerships with the enterprises for the installation of modern systems such as liquid immersion in the data centers.
Data Center Cooling Market, By Component
Solution
Service
Data Center Cooling Market, By Solution
Chilling unit, Air conditioner, Cooling tower, Economizer, Control system, Liquid cooling system, Others
Data Center Cooling Market, By Service
Consulting service
Maintenance and support service
Installation and deployment service
Data Center Cooling Market, By Application
IT & Telecom
BFSI
Retail
Healthcare
Energy & utilities
Colocation
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Featured Table of Content:
TABLE 1. Data center cooling industry 360 degree synopsis, 2013 - 2024
TABLE 2. Global data center cooling market, 2013 - 2016 (USD Million)
TABLE 3. Global data center cooling market, 2017 - 2024 (USD Million)
TABLE 4. Global data center cooling market, by region, 2013 - 2016 (USD Million)
TABLE 5. Global data center cooling market, by region, 2017 - 2024 (USD Million)
TABLE 6. Global data center cooling market, by component, 2013 - 2016 (USD Million)
TABLE 7. Global data center cooling market, by component, 2017 - 2024 (USD Million)
TABLE 8. Global data center cooling market, by cooling technique, 2013 - 2016 (USD Million)
TABLE 9. Global data center cooling market, by cooling technique, 2017 - 2024 (USD Million)
TABLE 10. Global data center cooling market, by application, 2013 - 2016 (USD Million)
TABLE 11. Global data center cooling market, by application, 2017 - 2024 (USD Million)
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