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Posted by stephen005 on August 19, 2024 at 4:22am 0 Comments 0 Likes
Bharat Book Bureau Provides the Trending Market Research Report on “Global Data Center Cooling Solutions Market Outlook, 2027” under Services Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
Data centers are considered to be the essential entity to house the vital information of any company/organizations as well as in household applications. In addition to that, data centers offer the possibilities for scalability, security, state of the art technology and higher efficiency for critical data storage processes. In addition to that, enhanced performance & rising investments on data centers and increasing infrastructure are some of the driving factors for data centers across the globe. Data center temperature can vary depending upon the servers and type of cooling system but the temperature swing outside the design standards can have serious performance issues. To overcome or at least minimize this overheating threat, data centers are equipped with efficient and reliable cooling equipments that can maintain the temperature and humidity across the overall infrastructure.
Data center cooling solutions are used to maintain optimal operating conditions that are required for the smooth operation of a data center. Data center solutions refer to the products and services required to form and maintain a data center. Products include IT apparatus (servers, storage systems, routers, firewalls etc) with supporting infrastructure for physical data centers (cooling systems, generators, cabling and batteries etc). Implementing a tactical data center solution can avail scale cost, data security and services efficiencies into any enterprise. From the research, it has been estimated that data center cooling operation consume around 38% of the total power consumer by a data center.
According to the research report, “Global Data Center Cooling Solution Market Outlook, 2027” Data Center Cooling Solutions Market is projected to grow with 10.33% CAGR during the forecast period. The demand for data centers in telecommunication organizations and government agencies is increasing due to accelerated adoption of enhanced technologies such as cloud-based services and big data analytics. Globally, the developed countries as well as developing countries are witnessing higher amount of investments into data center construction by bossing the demands for modern technological cooling solutions. In global data center cooling market, solution component is expected to rise with more than 60% market share during the forecast period. Based on the geography, market is segmented into five regions including North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Among these regions, Asia-Pacific region is anticipated to grow with highest CAGR of more than 11% during the forecast period.
In Asia-Pacific region, it is estimated that internet penetration will grow at a significant rate due to infrastructure improvements and rapid urbanization by government as well as private entities. In addition to that, developing countries like China and India are expected to witness high amount of investments for the production of data center cooling solutions. On the other hand, major market players present in other regions such as North America and Europe are aiming to focus on implementing cost effective and eco-friendly cooling solutions. These initiatives are expected to boost the market growth for data center cooling solutions across the globe.
According to the report, global data center cooling solution market is segmented into various product types that include air conditioning, chilling units, cooling towers, economizer, liquid cooling and control systems. Among these types, air conditioning and liquid cooling type segments are expected to occupy highest market share during the forecast period. They are expected to acquire more than 50% of market share by 2027. Lower maintenance cost and enhanced performance are the driving forces for these segments. Total shipments for the air conditioning segment fluctuate every year that generally falls between 3.5 and 6 Million units according to the research. Currently, less than a third of global households are expected to own an air conditioner. In prominent countries like United States and Japan, more than 90% of household have air conditions.
Moreover, increasing demands for this segment is expected to boost the market growth for data center cooling solutions. On the other hand, liquid cooling segment is anticipated to rise with higher CAGR by 2027. Liquid cooling solution can conduct heat better than air and also it can handle data center’s increasing densities more effectively. These factors are directing towards the significant market growth for liquid cooling segments. Chilling units and cooling towers are also taking active participation to propel the market growth for data cooling solutions. Higher maintenance cost for these segments is expected to be a major challenge for developers and manufactures across the globe.
Impact of Covid-19 on Global Data Center Cooling Solutions Market:
The global data center cooling solution market has witnessed a slowdown in demand in 2020 due to Covid-19 pandemic and government regulations across the globe. A rising trend of work from home and travel restrictions have implanted momentary surge for virtualization and cloud services in the IT and finance sectors. By the end of 2021, this trend was estimated to bounce back stronger than ever with more data being created due to introduction of 5G technologies. Staying at home and remote working scenarios have implanted higher demands for technology and network enabled devices in the residential sectors which is estimated to boost the data center solutions market.
Major Companies present in the market:
Vertiv Holdings Co., Schneider Electric S.E., Stulz Gmbh, Mitsubishi Electric Corporation, Daikin Industries Limited, Rittal Gmbh & Co. KG, Nortek Air Solutions LLC, Johnson Controls International PLC, Munters Group AB., Black Box Corporation, Airedale International Air Conditioning Limited, Asetek, Inc., Coolcentric, Degree Controls, Inc., Condair Group AG, Chilldyne Inc., LiquidCool Solutions, CoolIT Systems, Delta Electronics, Alfa Laval Corporate AB, Shenzhen Envicool Technology Co., Ltd, Shanghai shenglin M&E Technology Co., Ltd, GRC (Green Revolution Cooling), Aspen Systems, Fujitsu Limited
Considered in this report:
• Geography: Global
• Historic Year: 2016
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027
Aspects covered in this report:
• Global Data Center Cooling Solutions market with its value and forecast along with its segments
• Region & country wise market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
Regions & Countries covered in the report:
• North America – United States, Canada, Mexico
• Europe- Germany, United Kingdom, France, Italy, Poland, Russia
• Asia-Pacific – China, Japan, South Korea, India, Australia
• Latin America- Brazil, Argentina, Chile
• Middle-East & Africa- UAE, Saudi Arabia, South Africa
By Component in the report:
• Solution
• Services
By Product Type in the report:
• Air Conditioning
• Chilling Units
• Cooling Towers
• Economizer
• Liquid Cooling
• Control Systems
• Others
By Industry Verticals in the report:
• BFSI
• IT & Telecom
• Research & Academic
• Government & Defense
• Retail
• Energy
• Manufacturing
• Others
By Cooling Type in the report:
• Room-based Cooling
• Row-based Cooling
• Rack-based Cooling
By Data Center Type in the report:
• Large Data Centers
• Enterprise Data Centers
• Mid-sized Data Centers
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning. Post this we have started doing primary calls to industry people by equally segmenting in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry manufactures, consultants, Key vendors related to Data Center & HVAC solution industry. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Browse our full report with Table of Content :
https://www.bharatbook.com/report/1343162/global-data-center-coolin...
About Bharat Book Bureau:
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