Data Center Cooling Market: size was valued at US$ 11.55 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 10.9% through 2023 to 2029, reaching nearly US$ 23.84 Bn.
Data Center Cooling Market Overview:
Maximize Market Research’s new report, Global Data Center Cooling Market 2022-2029, is useful for understanding the market’s competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The research provides a market overview that explains the value chain structure, geographical analysis, applications, market size, and forecast (2022-2029). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Data Center Cooling market.
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Data Center Cooling Market Scope:
The research provides an analytical view of the business by studying several elements such as worldwide Data Center Cooling market growth, consumption volume, market trends, and company pricing structures throughout the projected period. The analysis includes extensive research to explore the market’s complexities. The research provides an overview of the worldwide Data Center Cooling market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. This market has been examined in several areas based on productivity and manufacturing base.
Data Center Cooling Market Segmentation:
by Component
Solution
Services
by Solution
Air Conditioning
Chilling Units
Cooling Towers
Economizer Systems
Liquid Cooling Systems
Control Systems
Others
The market is divided into categories for liquid cooling systems, control systems, economizer systems, air conditioning, chilling units, cooling towers, and others based on the solution. During the projection period of 2023-2029, the liquid cooling systems solution segment is anticipated to expand quickly at a CAGR of %. Increased software utilisation is to blame for this. The reason for their rapid increase is largely due to the advantages liquid cooling systems have over air cooling systems. Liquid cooling systems provide advantages over air cooling systems, such as decreased noise levels from machinery like fans in air cooling systems. These factors are anticipated to increase demand for liquid cooling system solutions in the global data centre cooling market between 2023 and 2029.
by Services
Consulting
Installation & Deployment
Maintenance & Support
The market is divided into Consulting, Installation & Deployment, and Maintenance & Support based on the services offered. By 2029, the installation and deployment services segment is anticipated to have a market share of %. The installation and deployment services can be used by both small and large businesses (SMEs) to deploy cost-effective energy-efficient data centre cooling. Additionally, they act as a one-stop shop for simple deployments with little downtime. Organisations all across the world are using these services more frequently.
by Type of Cooling
Room-based Cooling
Row/Rack-based Cooling
by Data Center Type
Large Data Centers
Enterprise Data Centers
Mid-sized Data Centers
by Industry
BFSI
IT & Telecom
Research & Academic
Government & Defense
Retail
Energy
Manufacturing
Healthcare
Others
The BFSI, IT & Telecom, Research & Academic, Government & Defence, Retail, Energy, Manufacturing, Healthcare, and Others market segments are based on industry. During the projection period of 2023-2029, the Research & Academic industry segment is anticipated to expand significantly at a CAGR of %. Traditional data centres are being replaced by cutting-edge data centres that operate with great energy efficiency due to factors including the demand for HPC devices like supercomputers, which are distinguished by high-compute density in the research & academic business. CRAH, cold-door cooling, aisle, and rack cooling units are just a few of the cutting-edge cooling technologies that research and academic institutions are starting to use. These reasons have increased the need for data centre cooling solutions in the academic and research sectors.
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Data Center Cooling Market Key Players:
It then discusses the top competitors in the worldwide Data Center Cooling market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. In addition, the research assesses capacity utilization, raw material sources, import-export, the value chain, price structure, and the industrial supply chain. The following players are featured in this report:
1. 3M
2. AIRSYS
3. Alfa Laval
4. Allied Control
5. Asetek
6. Climaveneta (Mitsubishi Electric)
7. Condair Group
8. Coolcentric (Wakefield-Vette)
9. CoolIT Systems
10. Daikin Applied
11. Data Aire
12. Delta Group
13. Green Revolution Cooling
14. Munters
15. Nortek Air
16. Pentair
17. Renovo Zhuhai
18. Rittal
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Regional Analysis:
The report has analyzed the global Data Center Cooling market in the following regions:
- America, North (the United States, Canada, and Mexico)
- European Union (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia, and Rest of South America)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East Africa)
The research provides comprehensive insights into numerous development opportunities and challenges in the regions mentioned above based on various types of goods, applications, end-users, and countries, among others. The research also includes key features of the worldwide Data Center Cooling market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.
COVID-19 Impact Analysis on Data Center Cooling Market:
COVID-19 is an unprecedented worldwide public health emergency that has impacted practically every business, and the long-term impacts are expected to have an influence on industry growth throughout the projection period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The revised report contains insights, analysis, projections, and predictions based on the influence of COVID-19 on the market.
Key Questions Answered in the Data Center Cooling Market Report are:
- Which are the major companies in the Data Center Cooling market?
- Which is the potential market for Data Center Cooling in terms of the region?
- Which application area of Data Center Cooling is expected to grow at a significant rate in the market in the next 5 years?
- What are the opportunities for new market entrants?
- What will be the Data Center Cooling market size by 2027?
- What are the growth prospects for the Data Center Cooling market?
- What is the base year considered in the Data Center Cooling market report?
- Which region holds the largest market share in the Data Center Cooling market?
- What factors are anticipated to drive the Data Center Cooling market?