Data Center Cooling Market Outlook By 2027: Growth Amid New Technological Possibilities
A detailed analysis of the data center cooling market is entailed in this research report. The driving forces responsible for propelling the growth graph of this vertical in addition to the regional and competitive trends are mentioned in the study. A comprehensive document comprising details about vital parameters such as the industry ecosystem analysis, market segmentation, and the vendor matrix, the market report also contains information on the pivotal industry insights for core players to look out for.
The data center cooling market is expected to grow steadily driven by strict regulations to decrease power consumption across data centers. There is a substantial growth in the number of data centers and their power densities, which has propelled the demand for cost-effective cooling solutions. This demand is going further as datacenter operators are focusing on the reduction of PUEs and carbon emissions.
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BFSI sector has been making hefty investments in the data center facilities over the past few years in order to store large amounts of data generated through online banking applications. The increasing need to provide improved customer turnover and offer enhanced customer experience with lesser downtime is fueling the demand for energy-efficient data center cooling technologies in this sector.
Factors like increasing necessity of cooling systems to be more efficient, reliable and secure to keep data centers running at maximum efficiency is fueling the demand of maintenance and support services. Adoption of these services help in avoiding unnecessary downtime, capacitor or battery failure, clogged air filters welded relays, outdated firmware, and help in saving time and cost. The service providers deliver professional services to help data center operators to effectively optimize and maintain their mission-critical applications.
Growing prominence of energy-efficient technologies is the leading factor which is elevating the popularity of cooling towers. Datacenter operators deploy the evaporative cooling towers for minimizing the usage of water for cooling the data centers. These systems are mostly used in high-temperature and low humidity environment and can be cooled down to 15°C with ease. They also play a key role in reducing the maintenance costs, noise pollution, and providing energy efficiency and high-performance.
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Geographically, the South America data center cooling market is projected to garner notable revenue on account of growing construction of data centers. Availability of tax incentives is driving data center owners and operators to expand their presence across the region. The rising establishment of data center facilities has fueled the adoption of effective and economical cooling solutions. Large-scale data centers are using liquid data center cooling solutions for curbing capital and operational cooling expenses.
On a global scale, the data center cooling market consists of leading companies such as Nortek Air Solutions, STULZ GmbH, Asetek AS, Black Box Corporation, Coolcentric, Schneider Electric SE, CenturyLink, Adaptivcool, T-Systems SA, Vertiv Co., ABB Group, Airedale International Air Conditioning Ltd., Ebullient, Inc., Interxion, Rittal GmbH & Co. KG, Liquid Cool Solutions, Inc., Integrated Eco Technologies Ltd., and Submer Technologies.
Major Key Points from Table of Content:
Chapter 6 Data Center Cooling Market, By Cooling Technique
6.1 Data center cooling market share, by cooling technique, 2020 & 2027
6.2 Rack/Row Based
6.2.1 Market estimates and forecast, 2017 – 2027
6.3 Room-Based
6.3.1 Market estimates and forecast, 2017 – 2027
Chapter 7 Data Center Cooling Market, By Application
7.1 Market share, by application, 2020 & 2027
7.2 BFSI
7.2.1 Market estimates and forecast, 2017 – 2027
7.3 Colocation
7.3.1 Market estimates and forecast, 2017 – 2027
7.4 Energy
7.4.1 Market estimates and forecast, 2017 – 2027
7.5 Government
7.5.1 Market estimates and forecast, 2017 – 2027
7.6 Healthcare
7.6.1 Market estimates and forecast, 2017 – 2027
7.7 Manufacturing
7.7.1 Market estimates and forecast, 2017 – 2027
7.8 IT & Telecom
7.8.1 Market estimates and forecast, 2017 – 2027
7.9 Others
7.9.1 Market estimates and forecast, 2017 – 2027
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