As per this study, the Global Data Center Cooling Market was valued USD XX MN (by revenue) in 2019 and is anticipated to reach USD XX MN by 2026 with a CAGR of XX%.
Data center cooling ensure an ideal operating temperature within a data center facility with the use of collective equipment, tools, techniques, and processes. Mainly, it’s a heat removal method which supplies cool air to the IT equipment. Data center cooling is an integral part of data center maintenance. Data center cooling is important as it is a centralized repository for the storage, management, and dissemination of data and information.
The increasing demand for cloud computing and exponential growth in data across the globe is driving market growth. Also, growing penetration of the internet along with portable devices with the internet connection is further fuelling the market growth. In addition, increasing demand for data analytics in every possible industry is again boosting the demand for data center cooling. Though, the ongoing digitalization along with technological innovations is expected to spur the opportunity in the upcoming years. However, the high cost associated with the cooling setup and high electricity consumption may restrict the market growth at a certain level.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of data center cooling.
The broad data center cooling market has been sub-grouped into solution, services, data center type and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Air Conditioners
- Economizer Systems
- Liquid Cooling Systems
- Cooling Towers
By Data Center Type
- Installation and Deployment
- Support and Maintenance Services
- Small & Medium Sized Data Centers
- Large Data Centers
- Enterprise Data Centers
- Banking/Financial Services
- IT & Telecommunication
- Energy & Power
- Central/Local Government
- Entertainment and Media
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for data center cooling in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Data Center Cooling Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the data center cooling market includes Airedale International Air Conditioning Ltd., Alfa Laval, Coolcenteric., Asetek, Inc., Cisco Systems., Delta Power Solutions., Fujitsu Ltd., KG., Munters., Rittal GmbH & Co., Schneider Electric SE., Shenzhen Envicool Technology and Adaptivcool., Stulz GmbH, Coolcentric., Vertiv (Emerson Network Power). An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.