Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by Infinium Global Research on the data center cooling market provides an in-depth analysis of segments and sub-segments in the global as well as regional data center cooling market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional data center cooling market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast, and dollar values of the global data center cooling market. According to the report, the global data center cooling market is projected to grow up to 20 Billion by 2026 from 10 billion in 2020 with a CAGR of 11.5% over the forecast period of 2020-2026.
The data center industry is growing rapidly, with an ever-greater focus on faster connections and increasing uptime. Cloud data center traffic will grow every year, and the need for greater storage will drive server capacities. Cooling represents the biggest slice of the total cost in a data center. Further, with more capacity and higher density data centers, there is an increased need for energy-efficient cooling.
During the Covid-19 outbreak, the data center is driven by growth in video streaming, video conferencing, online gaming, and social networking. This growth comes on top of rising demand for digital services; the number of internet users worldwide has doubled while global internet traffic has grown 12-fold or around 30% per year. This further boosts demand for data centers and network services. This simultaneously provides a growing demand for the data center cooling market. The growing number, size, complexity, and energy density of data centers due to the increasing demand for storage, networking, and computation is driving the growth of the data center cooling market.
The increasing demand for data processing in recent years along with advances in computer and electronic technology produced rapid growth in the data center sector. The growth in Data Center (DC) numbers and power densities is leading to an increase in energy demand. Nevertheless, the data center industry is going to approach and exceed the heat removal capacity of air. Hence new cooling solutions and technologies, such as fully immersed direct liquid-cooled, micro-channel single-phase flow or micro-channel two-phase flow, should be taken into account. Furthermore, the growing demand for the most energy-efficient data centers that significantly reduce energy consumption and leave minimum carbon footprints is also driving the demand for the data center cooling market. New legislation and directives like F-gas, Eco Design, and ASHRAE Guidelines are driving new solutions for cooling. The industry has been focusing on PUE as the leading metric for energy efficiency but is now also focusing more and more on other metrics, such as TCO (total cost of ownership), WUE (water-use effectiveness), CUE (carbon use effectiveness), and ERE (energy re-use effectiveness) - in which the data center can be used as a source of energy. However, the requirement of specialized infrastructure and higher investment cost and cooling is affecting the growth of the market.
North America holds the largest market share in the data center cooling market. The growing development of hyperscale and colocation facilities with a power capacity of more than 100 MW is attributing to the growth of the market. According to Cisco Systems, a large number of data centers are located in the United States, with 38% of the global total. Moreover, the increasing number of expansion projects in South-Eastern and South-Western regions, especially in Virginia & Texas in the U.S., is the most significant revenue contributor.
The report on the global data center cooling market covers segments such as type of cooling, type of data center, and industry vertical. On the basis of type of cooling, the sub-markets include room-based cooling, rack-based cooling, and row-based cooling. On the basis of type of data center, the sub-markets include enterprise data center, colocation data center, wholesale data center, and hyperscale data center. On the basis of industry vertical, the sub-markets include bfsi, manufacturing, it & telecom, media & entertainment, retail, government & defense, healthcare, energy, and other.
The report provides profiles of the companies in the market such as Asetek A/S, Coolcentric, STULZ GmbH, AdaptivCOOL, Airedale International, Rittal GmbH & Co. KG, Nortek Air Solutions, LLC, Schneider Electric SE, Vertiv Holdings Co, and Black Box Corporation.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of data center cooling market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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