Market Scenario:
The Data center cooling is a solution which removes the excessive heat & humidity generated by electronic component in data centers to maximize the performance and minimize the environmental impact. The data center cooling solution also reduces IT equipment loads that enhances the lifecycle of servers and other equipment within a data center. The rising energy cost and consistent demand for data center is driving the Data Center Cooling Market. The growing adoption of cloud computing and big data, among various industries is also supporting the market of data center cooling solutions. Data center precision air conditioning market is showing major growth due to its key benefits such as precise and fast temperature control, high loading capacity, remote monitoring/troubleshooting, enhanced air filtration, advance humidity control, and high air flow. However, the High setup cost and huge energy consumption are hindering the growth of Data Center Cooling Market.
The Data Center Cooling solutions are being adopted in various sectors such as Banking and Financial Services, Telecom & IT , Healthcare, Oil & Gas, Utility and Government Sectors among in order to ensure proper functioning while reducing system downtime of data centers.
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Industry News
March 2018: Engie has decided to invest USD 80 million over a period of five years in establishing a Centre of Expertise for District Cooling in Singapore used for various cooling needs such as data centers.
Data Center Cooling Market – Segmentation
- Based on component, the market is segmented into precision air conditioning, server cooling, chillers, economizer, and air handling units.
- Based on cooling type, the market is segmented into air cooling and liquid cooling.
- Based on service, the market is segmented into professional service and managed service.
- Based on end user, the market is segmented into Small & Medium scale enterprises (SME’s) and large enterprises.
- Based of vertical, the market is segmented into IT & Telecommunication, healthcare, BFSI, energy, government, and others.
- Based on region, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World
Key Players
The Prominent players in the market of Data Center Cooling are- Fujitsu, Ltd. (Japan), Asetek A/S (Denmark), The Mitsubishi Group (Japan), Schneider Electric SE (France), Rittal GmbH & Co. KG (Germany), Hitachi, Ltd. (Japan), 4energy (U.K.), 3M (U.S.), Degree Controls (U.S.), Wakefield-Vette, Inc. (U.S.), HP Development Company, L.P. (U.S.), The Heico Companies LLC (U.S.), , Vertiv Co. (U.S.), IT Aire , Inc. (U.S.), Cloudsite Intelligent Data Centers (U.S.) among others.
Data Center Cooling Market – Regional Analysis
The regional analysis of power over ethenet is being studied for region such as Asia-Pacific, North America, Europe and rest of the world.
Asia-Pacific is expected to grow rapidly during forecast period. IT and telecommunication drive the data center cooling market in Asia-Pacific region. smartphones and IoT based consumer electronics increases the growth of data center cooling market. Large manufacturing sectors present in Japan, China, and India are installing the data center, that leads to drive the data center cooling market.
North America region is expected to dominate in the data center cooling market during forecast period. Presence of global players in North America gives a competitive advantage over all the regions. Substantial interest in R&D from private sector towards the improvement of data center cooling is key factor that drive the market growth.
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Intended Audience
- System integrators
- OEMs
- Cloud Service Providers
- Technology consultants
- Enterprise service management vendors
- Consulting firms
- Electronic component suppliers
- Air conditioner manufacturers
- Telecom services providers
- Original equipment manufacturers
- Value-added service providers
- Data center cooling solution vendors
- Data center operators
- Data center colocation service providers
- System integrators
- Cloud service providers
- Colocation providers
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