U.S (New York) – Report Ocean has recently published a comprehensive research report titled “Data Center Cooling Market ” Research Report 2023-2031. This report delves deep into the market and offers valuable insights into (Key Market Trends, Emerging Technologies, Market Drivers and Challenges of the Industry, Regulatory Policies), company profiles of key players, and their strategies. With over 100+ market data tables, pie charts, graphs, and figures, this global market study is now available. The report provides a thorough evaluation of the market, (Encompassing Future Trends, Current Growth Factors, Expert Opinions, Factual Information), and industry-validated market data, with a forecast extending until 2031.
Data center cooling refers to the collective tools, techniques, and equipment that ensure temperature within permissible limit in data centers. Cooling system maintains required air circulation to each row and rack in the data centers. Data center cooling systems consist of infrastructure, management, and monitoring. Infrastructure includes air ducts, chillers, air conditioners, and cooling towers among others. Management includes management software deployed in data center cooling while monitoring includes equipment & procedure for monitoring data center temperature.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
The factors such as increase in demand for efficient and cost-effective data centers, green initiatives for eco-friendly data center solutions, and substantial growth with data center and power density fuel the growth of the global data center cooling market. However, the requirement of specialized infrastructure & higher investment cost hinders the growth of the global market. In addition, cooling challenges during power outage are also expected to impend the growth of the global market. Furthermore, emergence of liquid-based & portable cooling and rise in requirement for modular data center cooling approach are anticipated to fuel the growth of the data center cooling market.
The global data center cooling market is segmented on the basis of component, type of cooling, type of data centers, industry verticals, and region. Based on component, it is categorized into solutions and services. Based on type of cooling, the market is divided into room-based cooling, rack-based cooling, and row-based cooling. Based on industry vertical, it is segmented into BFSI, manufacturing, IT & telecom, media & entertainment, retail, government & defense, healthcare, energy, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA
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Key Benefits for Data Center Cooling Market:
The study provides an in-depth analysis of the global data center cooling market along with the current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global data center cooling market for the period 2018-2025 is provided to determine the market potential.
Key Market Players
Schneider Electric Se
Black Box Corporation
Nortek Air Solutions, LLC
Emerson Electric Co.
Hitachi, Ltd.
Rittal Gmbh & Co. Kg
Fujitsu Ltd.
Stulz Gmbh
Vertiv Co
Asetek
Data Center Cooling Key Market Segments:
By Component
Solutions
Services
By Type Of Cooling
Room-Based Cooling
Rack-Based Cooling
Row-Based Cooling
By Type Of Data Centers
Enterprise Data Centers
Colocation Data Centers
Wholesale Data Centers
Hyperscale Data Centers
Others
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By Industry Vertical
BFSI
Manufacturing
IT & Telecom
Media & Entertainment
Retail
Government & Defense
Healthcare
Energy
Others
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
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