At CAGR 10.9%, Data Center Cooling Market Size to hit USD

LONDON, UK, January 20, 2022 (GLOBE NEWSWIRE) – Brandessence Market Research has published a new report titled “my world Data Center Cooling Market Size, trends, competitive, historical and forecast analysis, 2021-2028The increasing need to optimize infrastructure budgets to achieve the business objective will drive the growth of the data center cooling market.

The data center cooling market is valued at $10.42 billion in 2021 and is expected to reach $21.51 billion by 2028 at a compound annual growth rate of 10.9% during the forecast period.

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Browse key industry analysis for this report,”Data Center Cooling Market Size, Share, Companies Analysis Report and Trends by Solution (Air Conditioning, Cooling Units, Cooling Towers, Economizer Systems, Liquid Cooling Systems, Control Systems, Others) by Industry (BFSI, ICT, Research & Academic, Government & Defense By service (consulting, installation, deployment, support, maintenance) By cooling type (room based cooling, row/rack based cooling) By data center type (medium-data centers) Volumetric, enterprise data centers and large data centers) based on region and sector forecast, 2021-2028In detail along with a 360-degree analysis of this report.

Data center operators use cooling solutions to maintain the temperature in the centers at a level within permissible limits. Data centers have to function efficiently all day long to process a lot of data. In terms of data processing, this device performs the task of dissipating thermal energy and this generates a great need for cooling in order to prevent damage to the equipment due to overheating. In simpler words, there are two types of systems, one based on water and one based on air. Air-based cooling circulates air in the data center to maintain cooling and in the case of water, water is used and further split into immersion cooling along with water-cooled racks where fluids flow through heated components to maintain temperature.

The ICT sector is dominating the global data center cooling market due to the rise in levels of penetration and digitization of such technologies as cloud and big data in the industry. Technologies place a huge demand for data storage and availability. These companies demand better storage along with the best ICT facilities to meet these demands in an efficient manner. Moreover, the proliferation of smart devices and consumer demands to protect information and financial data are expected to drive demand for refrigeration equipment. Industries are actively adopting highly efficient and cost-effective solutions.

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The main companies focused in this report:

ABB Group, Adaptivcool, Liquid Cool Solutions, Inc. , Nortek Air Solutions, LLC, Ebullient, Inc. , Integrated Eco Technologies Ltd, Interxion, Black Box Corporation, Emerson Electric Co. KG Fujitisu, Vertiv, Hitachi Nortek Air Solutions, Schneider Electric Se, Rittal GmbH & Co. KG, STULZ GmbH, Submer Technologies, T-Systems SA, Airedale International Air Conditioning Ltd., Asetek AS, CenturyLink, Coolcentric

The energy efficiency offered by data center cooling drives the growth of the global data center cooling market

The number of data centers has seen an increase with the use of the latest technologies. Hence with the increasing number of data centers, there is a demand for data center cooling solutions. This is expected to boost the growth of the global data center cooling market. The data center cooling market is expected to reach unprecedented levels in this forecast period. Room based cooling was the largest in the data center cooling market in terms of market share and this was due to the efficient cooling it achieved at a lower cost. This has been estimated to maintain a larger market share due to ducts and tubes compared to other types of refrigeration. Refrigeration and air-based air conditioners maintain the temperature to permissible limits. The cooling that is the base of the room has gained many miles due to its cooling in an energy efficient way.

North America leads the global data center cooling market

In terms of region, the overall market size has been dominated by North America due to its advantages in terms of technological advancement and recent developments relating to this market. Moreover, the companies focused on implementing eco-friendly, cost-effective and eco-friendly refrigeration solutions which in turn boosted market growth. It is believed that the Asia Pacific region is expected to see a good amount of growth due to the penetration of technology in its population.

Data Center Cooling Market Report for Special Requirements is also available for the following regions:

North America

Europe

  • Germany, France, United Kingdom, Italy, Spain, Sweden, Netherlands, Turkey, Switzerland, Belgium, Rest of Europe

Asia Pacific

  • South Korea, Japan, China, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia and the rest of Asia Pacific

Latin america

  • Mexico, Colombia, Brazil, Argentina, Peru and the rest of Latin America

Middle East and Africa

  • Saudi Arabia, UAE, Egypt, South Africa and the rest of the Middle East and Africa

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