Dublin, Oct. 22, 2024 (GLOBE NEWSWIRE) -- The "Philippines Data Centre Cooling Market, By Region, Competition, Forecast and Opportunities 2019-2029F" report has been added to ResearchAndMarkets.com's offering.
The Philippines Data Centre Cooling Market was valued at USD 208 million in 2023, and is expected to reach USD 488 million by 2029, rising at a CAGR of 15.11%.
The Data Centre Cooling market encompasses the technologies and solutions designed to manage and mitigate the heat generated by data centre equipment. As data centres continue to grow in complexity and scale, effective cooling becomes crucial to maintaining optimal performance and preventing equipment failure. This market includes a variety of cooling systems, such as air-based, liquid-based, and hybrid cooling solutions, each tailored to address specific needs related to heat dissipation and energy efficiency.
Air-based cooling systems, which include Computer Room Air Conditioning (CRAC) units and Computer Room Air Handler (CRAH) units, use air circulation to dissipate heat. Liquid-based systems, such as direct and indirect liquid cooling, use fluids to transfer heat away from critical components. Hybrid solutions combine elements of both air and liquid cooling to enhance efficiency and adaptability.
Adoption of Advanced Cooling Technologies
The Philippines data centre cooling market is experiencing a trend towards the adoption of advanced cooling technologies. As data centres become more energy-intensive and the demand for high-performance computing grows, traditional cooling methods are increasingly insufficient. Operators are turning to innovative cooling solutions to enhance efficiency and manage heat more effectively.
One notable trend is the rise of liquid cooling systems. Unlike conventional air-based cooling, which circulates air to dissipate heat, liquid cooling systems use fluids to transfer heat away from critical components. Direct and indirect liquid cooling methods offer significant advantages in handling high-density environments, where conventional air cooling may struggle to maintain optimal temperatures. These systems are particularly useful in data centres with high-performance computing (HPC) setups and dense server configurations.
Another trend is the integration of free cooling techniques, which leverage ambient environmental conditions to reduce the reliance on mechanical cooling. Free cooling methods, such as economizers and air-side economization, use cooler external air or water sources to lower the temperature within the data centre. This approach not only reduces energy consumption but also contributes to cost savings and lower environmental impact. Additionally, the adoption of precision cooling solutions is on the rise. Precision cooling systems, such as in-row and overhead cooling units, provide targeted cooling directly to the areas where heat is generated. This localized approach improves cooling efficiency and reduces the need for large-scale air circulation systems.
These advanced cooling technologies are driven by the need for improved energy efficiency, enhanced performance, and the ability to handle higher heat loads. Data centre operators in the Philippines are increasingly investing in these technologies to stay competitive and meet the growing demands of the digital economy.
Focus on Energy Efficiency and Sustainability
Energy efficiency and sustainability have become prominent trends in the Philippines data centre cooling market. As data centres consume significant amounts of energy for both operations and cooling, there is a growing emphasis on adopting practices and technologies that reduce energy consumption and minimize environmental impact.
One major trend is the implementation of energy-efficient cooling systems. Data centre operators are increasingly choosing cooling solutions with high Power Usage Effectiveness (PUE) ratios, which measure the efficiency of cooling systems relative to overall energy consumption. Lower PUE values indicate better performance and energy efficiency. Advanced cooling technologies, such as high-efficiency CRAC and CRAH units, contribute to achieving lower PUE ratios and reducing operational costs.
The push for sustainability is also leading to the adoption of green cooling technologies. This includes the use of refrigerants with lower global warming potential (GWP), as well as systems designed to minimize the environmental impact of cooling operations. Data centre operators are also exploring renewable energy sources, such as solar or wind power, to offset their energy consumption and reduce their carbon footprint. Additionally, there is a growing trend towards implementing cooling solutions that support circular economy principles. This involves designing systems with components that can be recycled or repurposed, thereby reducing waste and promoting sustainability.
The emphasis on energy efficiency and sustainability is driven by both regulatory requirements and market demands. Governments and regulatory bodies are increasingly setting standards and incentives for energy-efficient practices, while customers and stakeholders are prioritizing environmentally responsible operations. As a result, data centre operators in the Philippines are adopting these trends to enhance their operational efficiency and align with global sustainability goals.
Segmental Insights
Component Insights
The Solution held the largest market share in 2023. The solution segment dominates the Philippines data centre cooling market due to several key factors driving the need for advanced cooling technologies.
With the rapid growth of digital infrastructure and the proliferation of data-intensive applications, data centres in the Philippines are experiencing increased heat loads. High-performance servers and dense equipment configurations generate significant amounts of heat, necessitating sophisticated cooling solutions to manage this effectively. Solutions such as high-efficiency Computer Room Air Conditioning (CRAC) units, liquid cooling systems, and hybrid systems are essential for handling these elevated heat loads and ensuring optimal performance.
The continuous evolution of cooling technologies plays a crucial role in the dominance of the solution segment. Innovations such as precision cooling systems, direct and indirect liquid cooling, and free cooling techniques offer improved efficiency and performance compared to traditional methods. These advancements help data centre operators manage energy consumption and enhance cooling effectiveness, making them highly sought after.
The emphasis on energy efficiency and sustainability is driving the adoption of advanced cooling solutions. Data centre operators are increasingly focused on reducing operational costs and minimizing environmental impact. Solutions that offer better energy efficiency, such as those with high Power Usage Effectiveness (PUE) ratios, align with regulatory standards and sustainability goals, making them a preferred choice in the market.
As data centres support more high-density and high-performance computing environments, traditional cooling methods are often insufficient. Advanced cooling solutions are required to manage the heat generated by dense and powerful equipment effectively. The need for efficient cooling solutions in these high-performance setups further contributes to the dominance of the solution segment.
Regional Insights
National Capital Region (NCR) held the largest market share in 2023. The National Capital Region (NCR) is dominating the Philippines data centre cooling market due to several key factors, including, NCR, particularly Metro Manila, is the economic and business hub of the Philippines. It hosts a significant concentration of enterprises, financial institutions, and IT companies, all of which require robust data centre infrastructure. The high density of these businesses drives substantial demand for data centre services and, consequently, for effective cooling solutions to manage the heat generated by their extensive IT operations.
The region benefits from advanced technological infrastructure and a well-established ecosystem that supports the deployment and maintenance of sophisticated data centre cooling systems. NCR's status as the primary commercial and technological center means it has access to cutting-edge cooling technologies and services, which are essential for managing the heat loads of high-density data centres.
Significant investment in data centre development within NCR reflects its dominance in the market. Both local and international companies are expanding their data centre operations in the region, driven by its strategic importance and the availability of infrastructure. This growth fuels demand for advanced cooling solutions to support increasingly complex and high-capacity data centres.
NCR offers superior connectivity and accessibility compared to other regions. Its well-developed transport and communication networks facilitate the efficient installation, maintenance, and management of data centre cooling systems. The region's infrastructure supports the integration of innovative cooling solutions and enhances the ability of data centres to maintain optimal operational conditions.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 88 |
| Forecast Period | 2023 - 2029 |
| Estimated Market Value (USD) in 2023 | $208 Million |
| Forecasted Market Value (USD) by 2029 | $488 Million |
| Compound Annual Growth Rate | 15.1% |
| Regions Covered | Philippines |
Report Scope:
Key Market Players in Philippines' Data Centre Cooling Market Include
- Schneider Electric SE
- Honeywell International Inc.
- Johnson Controls International plc
- Eaton Corporation plc
- IBM Corporation
- Hewlett Packard Enterprise Company
- Vertiv Group Corporation
- Trane Technologies Company, LLC
Philippines Data Centre Cooling Market, By Component:
- Solutions
- Services
Philippines Data Centre Cooling Market, By Data Centre Size:
- Large Data Centre
- Medium Data Centre
- Small Data Centre
Philippines Data Centre Cooling Market, By Type of Cooling:
- Room-Based Cooling
- Row/Rack-Based Cooling
Philippines Data Centre Cooling Market, By Application:
- Government
- BFSI
- IT & Telecom
- Others
Philippines Data Centre Cooling Market, By Region:
- National Capital Region
- Cordillera Administrative Region
- Ilocos Region
- Cagayan Valley
- Central Luzon
- Southern Tagalog
- Mimaropa
- Rest of Philippines
For more information about this report visit https://www.researchandmarkets.com/r/vxjkgi
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