Data center cooling is crucial for maintaining optimal operating conditions and preventing equipment overheating. Efficient cooling systems ensure stable temperatures, preventing hardware failures and data loss. They also enhance energy efficiency, reducing operational costs and environmental impact. Proper cooling extends the lifespan of servers and other components, optimizing overall performance. As data centers handle vast amounts of information, cooling is essential to prevent system downtime and maintain uninterrupted services.
According to Data Bridge Market Research analyses the Global Data Center Cooling Market which was USD 15,737.80 million in 2022, is expected to reach USD 56,145.90 million by 2030, and is expected to undergo a CAGR of 17.1% during the forecast period of 2023 to 2030.
"Rise in usage of data centers boosts the market growth"
The global data center cooling market is driven by a surge in data generation and processing, propelled by technological advancements and the widespread adoption of digital technologies. Increasing data processing needs, expansion of cloud services, the proliferation of IoT devices, and digital transformation across industries contribute to the rising demand for data centers. As these data centers operate continuously, efficient cooling solutions are crucial to prevent overheating and ensure optimal performance. The demand for cooling solutions is further intensified by the constant growth of cloud-based applications and services, the widespread use of connected IoT devices, and the adoption of data-intensive technologies.
What restraints the growth of the global data center cooling market?
“High investment costs hinder the market growth”
The global data center cooling market faces a major constraint in the form of high investment costs. Constructing and operating efficient cooling systems demand significant capital expenditures, including modern cooling systems, precision cooling, and environmental controls. This financial burden acts as a barrier for small businesses and data center operators with limited finances, hindering their ability to implement cutting-edge cooling techniques.
Segmentation: Global Data Center Cooling Market
The global data center cooling market is segmented on the basis of type, solutions, service, cooling type, and organization size.
- On the basis of type, the global data center cooling market is segmented into enterprise data center, and edge data center
- On the basis of solutions, the global data center cooling market is segmented into air conditioning, chilling units, cooling towers, economizer system, liquid cooling system, computer room air conditioning (CRAC) and computer room air handler (CRAH), control units, and others
- On the basis of service, the global data center cooling market is segmented into consulting and training, installation and deployment, maintenance and support
- On the basis of cooling type, the global data center cooling market is segmented into room based cooling, rack based cooling, and row based cooling
- On the basis of organization size, the global data center cooling market is segmented into large organization size, small and medium organization
Regional Insights: North America dominates the Global Data Center Cooling Market
North America dominates the global data center cooling market due to its robust infrastructure and a high concentration of large-scale data centers and tech businesses. The region's established ecosystem supports advanced cooling solutions, making it a forefront driver of innovation in the industry.
Asia-Pacific is expected to experience significant growth during the forecast period from 2023-2030 in the market due to expanding digitalization, increased demand for cloud services, and a robust startup culture driving the need for data centers and efficient cooling solutions.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-data-center-cooling-market
Recent Developments in Global Data Center Cooling Market
- In July 2022, Eaton revolutionized data center facilities with the xModular system, streamlining design, construction, and operation, significantly reducing build time compared to traditional methods. This innovation redefined infrastructure technology, emphasizing expert engineering, quality, flexibility, safety, and enhanced customer experience
- In March 2021, Rittal and Stulz joined forces to provide tailored data center solutions. This strategic partnership, extending globally, aimed to offer customers end-to-end infrastructure support, services, and consulting throughout the IT lifecycle, enhancing the portfolio of flexible data center solutions
The Prominent Key Players Operating in the Global Data Center Cooling Market Include:
- Schneider Electric (France)
- Vertiv Group Corp. (U.S.)
- STULZ GMBH (Germany)
- Eaton (U.S.)
- FUJITSU (Japan)
- Rittal GmbH & Co. KG (Germany)
- Daikin Applied (U.S.)
- Black Box Corporation (U.S.)
- ALFA LAVAL (Sweden)
- Nortek Air Solutions, LLC (U.S.)
- Airedale Air Conditioning (U.K.)
- 3M (U.S.)
- Coolcentric (U.S.)
- Delta Power Solutions (India)
- EcoCooling (U.K.)
Above are the key players covered in the report, to know about more and exhaustive list of global data center cooling market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Data Center Cooling Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
