Global Data Center Cooling Market, By Type (Enterprise Data Center, Edge Data Center), Solutions (Air Conditioning, Chilling Units, Cooling Towers, Economizer System, Liquid Cooling System, Computer Room Air Conditioning (CRAC) and Computer Room Air Handler(CRAH), Control Units, Others), Service (Consulting and Training, Installation and Deployment, Maintenance and Support), Cooling Type (Room Based Cooling, Rack Based Cooling, Row Based Cooling), Organization Size (Large Organization Size, Small and Medium Organization) – Industry Trends and Forecast to 2029.
Global Data Center Cooling Market Analysis and Size
In the past years, data center cooling is being higly deployed by data center operators due to its various charachterstics, including nergy-efficient, cost-effective and eco-friendly nature. An increase in the utilization of 4G LTE networks is being witnessed due to the surge in number of data centers. Government of various countries support the technology due to its benefits.
Global Data Center Cooling Market was valued at USD 12,072.88 million in 2021 and is expected to reach USD 41,963.69 million by 2029, registering a CAGR of 14.90% during the forecast period of 2022-2029. “Installation and Deployment” accounts for the largest service sector owing to the high demand from small and medium enterprises (SMEs) as well as large organizations.
Global Data Center Cooling Market Definition
The data center cooling is defined as the collective tools, processes, equipment, and techniques that assists in ensuring an ideal operating temperature within a data center facility. Data center operators utilize cooling solutions for maintaining temperature in data centers within a permissible limit. Data centers work efficiently 24/7 to process huge chunks of data.
Report Scope and Market Segmentation
2022 to 2029
2020 (Customizable to 2019 - 2014)
Revenue in USD Billion, Volumes in Units, Pricing in USD
Type (Enterprise Data Center, Edge Data Center), Solutions (Air Conditioning, Chilling Units, Cooling Towers, Economizer System, Liquid Cooling System, Computer Room Air Conditioning (CRAC) and Computer Room Air Handler(CRAH), Control Units, Others), Service (Consulting and Training, Installation and Deployment, Maintenance and Support), Cooling Type (Room Based Cooling, Rack Based Cooling, Row Based Cooling), Organization Size (Large Organization Size, Small and Medium Organization)
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)
Market Players Covered
Schneider Electric (France), Vertiv Group Corp. (US), STULZ GMBH (Germany), Eaton (US), FUJITSU (Japan), Rittal GmbH & Co. KG (Germany), Daikin Applied (US), Black Box Corporation (US), ALFA LAVAL (Sweden), Nortek Air Solutions, LLC (US), Airedale Air Conditioning (UK), 3M (US), Coolcentric (US), Delta Power Solutions (India), and EcoCooling (UK), among others
Data Center Cooling Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Energy Consumption in the Data Centers
The increase in the consumption in the data centers acts as one of the major factors driving the growth of data center cooling market. Data center owners are addressing the cost issue created by the high energy consumption by deploying effective and economical cooling solutions.
- Construction of Hyperscale Data Centers
The rise in the construction of hyperscale data centers across the globe with the purpose of storing massive amounts of data accelerate the market growth. An increase in consumer data among leading cloud service providers escalating the demand for hyperscale data centers.
- Government Initiatives
The surge in government initiatives in the form of huge investments and funds to reduce carbon footprints from high-power density facilities further influence the market. A high investment in innovative data center cooling technologies is being witnessed by companies operators for maintaining ideal and efficient operating conditions.
Furthermore, emergence of liquid cooling technology and requirement for modular data center cooling approach extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, innovative cooling techniques will further expand the market.
Restraints/Challenges Global Data Center Cooling Market
On the other hand, high investment costs and requirement of specialized infrastructure are expected to obstruct market growth. Also, reduced carbon emissions and issues with cooling during power outage are projected to challenge the data center cooling market in the forecast period of 2022-2029.
This data center cooling market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on data center cooling market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Data Center Cooling Market
The COVID-19 has impacted data center cooling market. The limited investment costs and lack of employees hampered sales and production of data center cooling technology. However, government and market key players adopted new safety measures for developing the practices. The advancements in the technology escalated the sales rate of the data center cooling industry as it targeted the right audience.
- Vertiv Holdings Co. launched Vertiv VRC-S, in September’2020. The technology is a rack integrated with infrastructure support equipment. A rack power distribution unit (rPDU), Vertiv VRC self-contained rack cooling system and a rack power distribution unit (rPDU) is incorporated in the product, and encloses standard-sized IT rack.
- Asetek collaborated with Hewlett Packard Enterprise (HPE) in July’2020. The collaboration aims to deliver its premium data center liquid cooling solutions in HPE Apollo Systems. These systems are density-optimized and high-performing system for targeting Artificial Intelligence (AI) and high-performance computing (HPC) needs.
Global Data Center Cooling Market Scope and Market Size
The data center cooling market is segmented on the basis of type, solutions, cooling type, service and organization size. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Enterprise Data Center
- Edge Data Center
On the basis of type, the data center cooling market is segmented into enterprise data center and edge data center. In 2020, enterprise data center is dominating the market due to rising digitalization has increased the amount of data generation which in turn increases the construction of data center for the enterprise.
- Air Conditioning
- Chilling Units
- Cooling Towers
- Economizer System
- Liquid Cooling System
- Computer Room Air Conditioning (CRAC)
- Computer Room Air Handler CRAH) Control Units
On the basis of solutions, the 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, others. In 2020, air conditioning segment is dominating the market because of the growing concern for maintaining server performance to the companies has increased the demand for the air conditioners as air conditioners help companies to sustain the performance of the server.
- Consulting and Training
- Installation and Deployment
- Maintenance And Support
On the basis of service, the data center cooling market is segmented into consulting and training, installation and deployment, maintenance and support. In 2020, consulting and training accounted largest market share as growing awareness among the enterprises about data center cooling has increased the consultant services.
- Room Based Cooling
- Rack Based Cooling
- Row Based Cooling
On the basis of cooling type, the data center cooling market is segmented into room based cooling, rack based cooling and row based cooling. In 2020, room based cooling accounted largest market share as it is less expensive as compared to the others and also it require less maintenance cost.
- Large Organization
- Small And Medium Organization
On basis of organization size, the data center cooling market is segmented into large organization and small and medium organization. In 2020, large organization accounted largest market share due to the rising amount of data generation has resulted in increasing demand for data centers, which has increased the requirement for data center cooling.
Data Center Cooling Market Regional Analysis/Insights
The data center cooling market is analysed and market size insights and trends are provided by country, type, solutions, cooling type, service and organization size as referenced above.
The countries covered in the data center cooling market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA).
North America dominates the data center cooling market because of the technological advancements and recent developments within the region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 because of the rise in internet penetration and increase in number of smartphones in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Data Center Cooling Market Share Analysis
The data center cooling market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to data center cooling market.
Some of the major players operating in the data center cooling market are:
- Schneider Electric (France)
- Vertiv Group Corp. (US)
- STULZ GMBH (Germany)
- Eaton (US)
- FUJITSU (Japan)
- Rittal GmbH & Co. KG (Germany)
- Daikin Applied (US)
- Black Box Corporation (US)
- ALFA LAVAL (Sweden)
- Nortek Air Solutions, LLC (US)
- Airedale Air Conditioning (UK)
- 3M (US)
- Coolcentric (US)
- Delta Power Solutions (India)
- EcoCooling (UK)
Research Methodology : Global Data Center Cooling Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
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 versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-data-center-cooling-market