New York, United States, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Data centers are planned and constructed as mission-critical facilities to process consumer and business-generated data. Consumers and organizations can connect to data centers via satellite or fiber optic lines. Precision cooling is air conditioning explicitly designed for IT equipment in data centers and computer rooms. These cooling systems primarily regulate humidity and temperature in server rooms and data centers.
Get a Free Sample Copy of This Report @ https://straitsresearch.com/report/data-center-precision-air-conditioning-market/request-sample
Rising Deployment of Modular Data Centers Drives the Global Market
Modular data center development has been a significant industry trend in recent years. Numerous telecommunications operators are developing modular data centers to reduce network latency. Typically, they are placed in remote areas to balance the need for low latency with investment and power consumption. The operational expenses of a modular data center are approximately 30 percent cheaper than those of a conventional data center. Cabinets, racks, and power and cooling systems are components of modular data centers. Significant difficulties such as the high PUE and high operational expenses of traditional data centers and the necessity for a specialized team to manage modular data centers address data center operations. Modular data centers can be used when a quick deployment is necessary.
Implementation of Monitoring and Automation Solutions Creates Tremendous Opportunities
Modern data centers are increasingly constructed with end-to-end monitoring and facility automation, reducing power consumption and waste. In the majority of instances, the operators of the data center and the IT administration were required to prepare for mass remote access to the technologies and tools. In addition, traditional capacity planning for data center operators is CAPEX-intensive and requires greater precision. These factors have contributed to the exponential development of Data Center Infrastructure Management (DCIM) technology.
Data center operators are also implementing intelligent monitoring utilizing technology such as Artificial Intelligence (AI) to reduce manual intervention-related errors. Different hyperscale data center operators, including Digital Realty, Google, Facebook, Equinix, and Microsoft, are investing in software-defined power infrastructure to reduce data center downtime.
Report Scope
Report Metric | Details |
Market Size | USD 3.64 billion by 2031 |
CAGR | 5.21% (2023-2031) |
Historical Data | 2020-2021 |
Base Year | 2022 |
Forecast Period | 2023-2031 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Product, Deployment, Tier Standard |
Geographies Covered | North America, Europe, Asia-Pacific, LAME and Rest of the World |
Key Companies Profiled/Vendors | Airedale, AIRSYS, ClimateWorx, Climaveneta, Data Aire, Delta Group, Emicon, Eaton, Huawei, Rittal, Renovoair Zhuhai, Swegon, Schneider Electric, STULZ, Vertiv |
Key Market Opportunities | Implementation of Monitoring and Automation Solutions |
Key Market Drivers | Rising Deployment of Modular Data Centers Increase in Rack Power Density |
Buy Now Full Report @ https://straitsresearch.com/buy-now/data-center-precision-air-conditioning-market
Regional Analysis
North America is the most significant shareholder in the global data center precision air conditioning market and is anticipated to grow at a CAGR of 3.48% during the forecast period. In North America, the market is expanding due to the rapid expansion of data centers. The North American data center sector is the fastest-growing industry because colocation service providers, hyperscale data center operators, businesses, and governmental organizations were among the first to provide and adopt new technology. The region is a crucial catalyst and incumbent for further technological advancement in the data center industry. Facebook, Google, Equinix, Digital Realty, Compass Datacenters, Cologix, Vantage Data Centers, NTT Global Data Centers, QTS Realty Trust, CoreSite Realty, CyrusOne, and Switch are the leading contributors to market growth in North America.
Asia Pacific is projected to have a CAGR of 6.03% over the forecast period. The major factors driving the Asia-Pacific data center market are organizations' need to shift from server room environments to data centers, the rise in social media usage, public cloud, hybrid cloud adoption, and the expansion of internet users. The Asia-Pacific data center industry is growing significantly with continued investments from hyperscale and cloud service providers such as Amazon Web Services, Microsoft, Google, and Alibaba. Local colocation providers are also expanding their presence in each country, constructing new data centers, and expanding the market.
Key Highlights
- The global data center precision air conditioning market size is estimated to reach USD 3,649 million by 2031, growing at a CAGR of 5.21% during the forecast period (2023–2031).
- By product, the global data center precision air conditioning market is divided into CRAC units and CRAH units. The CRAH unit segment is the highest contributor to the market and is anticipated to grow significantly over the forecast period.
- By deployment, the global data center precision air conditioning market is segmented into in-row cooling, in-rack cooling, and centralized cooling. The in-row cooling segment owns the highest market and is expected to grow at a CAGR of 5.51% over the forecast period.
- By tier standard, the global data center precision air conditioning market is segmented into tier I and II, tier III, and tier IV. The Tier III segment is the highest contributor to the market and is anticipated to grow at a CAGR of 6.24% over the forecast period.
- North America is the most significant shareholder in the global data center precision air conditioning market and is anticipated to grow at a CAGR of 3.48% during the forecast period.
Get a Free Sample Copy of This Report @ https://straitsresearch.com/report/data-center-precision-air-conditioning-market/request-sample
Competitors in Data Center Precision Air Conditioning Market
- Airedale
- AIRSYS
- ClimateWorx
- Climaveneta
- Data Aire
- Delta Group
- Emicon
- Eaton
- Huawei
- Rittal
- Renovoair Zhuhai
- Swegon
- Schneider Electric
- STULZ
- Vertiv
Segmentation of Global Data Center Precision Air Conditioning Market
By Product
- CRAC Units
- CRAH Units
By Deployment
- In-Row Cooling
- In-Rack Cooling
- Centralized Cooling
By Tier Standard
- Tier I and II
- Tier III
- Tier IV
By Regions
- North America
- Western Europe
- Central and Eastern Europe
- Asia-Pacific
- Nordics
- Southeast Asia
- Latin America
- The Middle East and Africa
TABLE OF CONTENT
- EXECUTIVE SUMMARY
- RESEARCH SCOPE & SEGMENTATION
- Research Objectives
- Market Definition
- Limitations & Assumptions
- Market Scope & Segmentation
- Currency & Pricing Considered
- MARKET OPPORTUNITY ASSESSMENT
- Emerging Regions / Countries
- Emerging Companies
- Emerging Applications / End Use
- Investment Landscape
- New Business Models / Revenue Streams
- TAM
- MARKET TRENDS
- Drivers
- Market Warning Factors
- Latest Macro Economic Indicators
- Geopolitical Impact
- Human Factors
- Technology Factors
- MARKET ASSESSMENT
- Porters Five Forces Analysis
- Value Chain Analysis
- Sales And Distribution Channel Analysis
- Case Study Analysis
- Patent Analysis
- M & A Agreements & Collabration Analysis
- ESG TRENDS
- GLOBAL DATA CENTER PRECISION AIR CONDITIONING MARKET SIZE ANALYSIS
- Global Data Center Precision Air Conditioning Market Introduction
- By Product
- Introduction
- Product By Value
- CRAC Units
- By Value
- CRAH Units
- By Value
- Introduction
- By Deployment
- Introduction
- Deployment By Value
- In-Row Cooling
- By Value
- In-Rack Cooling
- By Value
- Centralized Cooling
- By Value
- Introduction
- By Tier Standard
- Introduction
- Tier Standard By Value
- Tier I And II
- By Value
- Tier III
- By Value
- Tier IV
- By Value
- Introduction
- NORTH AMERICA MARKET ANALYSIS
- Introduction
- By Product
- Introduction
- Product By Value
- CRAC Units
- By Value
- CRAH Units
- By Value
- Introduction
- By Deployment
- Introduction
- Deployment By Value
- In-Row Cooling
- By Value
- In-Rack Cooling
- By Value
- Centralized Cooling
- By Value
- Introduction
- By Tier Standard
- Introduction
- Tier Standard By Value
- Tier I And II
- By Value
- Tier III
- By Value
- Tier IV
- By Value
- Introduction
- U.S.
- By Product
- Introduction
- Product By Value
- CRAC Units
- By Value
- CRAH Units
- By Value
- Introduction
- By Deployment
- Introduction
- Deployment By Value
- In-Row Cooling
- By Value
- In-Rack Cooling
- By Value
- Centralized Cooling
- By Value
- Introduction
- By Tier Standard
- Introduction
- Tier Standard By Value
- Tier I And II
- By Value
- Tier III
- By Value
- Tier IV
- By Value
- Introduction
- By Product
- Canada
- EUROPE MARKET ANALYSIS
- Introduction
- By Product
- Introduction
- Product By Value
- CRAC Units
- By Value
- CRAH Units
- By Value
- Introduction
- By Deployment
- Introduction
- Deployment By Value
- In-Row Cooling
- By Value
- In-Rack Cooling
- By Value
- Centralized Cooling
- By Value
- Introduction
- By Tier Standard
- Introduction
- Tier Standard By Value
- Tier I And II
- By Value
- Tier III
- By Value
- Tier IV
- By Value
- Introduction
- U.K.
- By Product
- Introduction
- Product By Value
- CRAC Units
- By Value
- CRAH Units
- By Value
- Introduction
- By Deployment
- Introduction
- Deployment By Value
- In-Row Cooling
- By Value
- In-Rack Cooling
- By Value
- Centralized Cooling
- By Value
- Introduction
- By Tier Standard
- Introduction
- Tier Standard By Value
- Tier I And II
- By Value
- Tier III
- By Value
- Tier IV
- By Value
- Introduction
- By Product
- Germany
- France
- Spain
- Italy
- Russia
- Nordic
- Benelux
- Rest Of Europe
- APAC MARKET ANALYSIS
- Introduction
- By Product
- Introduction
- Product By Value
- CRAC Units
- By Value
- CRAH Units
- By Value
- Introduction
- By Deployment
- Introduction
- Deployment By Value
- In-Row Cooling
- By Value
- In-Rack Cooling
- By Value
- Centralized Cooling
- By Value
- Introduction
- By Tier Standard
- Introduction
- Tier Standard By Value
- Tier I And II
- By Value
- Tier III
- By Value
- Tier IV
- By Value
- Introduction
- China
- By Product
- Introduction
- Product By Value
- CRAC Units
- By Value
- CRAH Units
- By Value
- Introduction
- By Deployment
- Introduction
- Deployment By Value
- In-Row Cooling
- By Value
- In-Rack Cooling
- By Value
- Centralized Cooling
- By Value
- Introduction
- By Tier Standard
- Introduction
- Tier Standard By Value
- Tier I And II
- By Value
- Tier III
- By Value
- Tier IV
- By Value
- Introduction
- By Product
- Korea
- Japan
- India
- Australia
- Taiwan
- South East Asia
- Rest Of Asia-Pacific
- MIDDLE EAST AND AFRICA MARKET ANALYSIS
- Introduction
- By Product
- Introduction
- Product By Value
- CRAC Units
- By Value
- CRAH Units
- By Value
- Introduction
- By Deployment
- Introduction
- Deployment By Value
- In-Row Cooling
- By Value
- In-Rack Cooling
- By Value
- Centralized Cooling
- By Value
- Introduction
- By Tier Standard
- Introduction
- Tier Standard By Value
- Tier I And II
- By Value
- Tier III
- By Value
- Tier IV
- By Value
- Introduction
- UAE
- By Product
- Introduction
- Product By Value
- CRAC Units
- By Value
- CRAH Units
- By Value
- Introduction
- By Deployment
- Introduction
- Deployment By Value
- In-Row Cooling
- By Value
- In-Rack Cooling
- By Value
- Centralized Cooling
- By Value
- Introduction
- By Tier Standard
- Introduction
- Tier Standard By Value
- Tier I And II
- By Value
- Tier III
- By Value
- Tier IV
- By Value
- Introduction
- By Product
- Turkey
- Saudi Arabia
- South Africa
- Egypt
- Nigeria
- Rest Of MEA
- LATAM MARKET ANALYSIS
- Introduction
- By Product
- Introduction
- Product By Value
- CRAC Units
- By Value
- CRAH Units
- By Value
- Introduction
- By Deployment
- Introduction
- Deployment By Value
- In-Row Cooling
- By Value
- In-Rack Cooling
- By Value
- Centralized Cooling
- By Value
- Introduction
- By Tier Standard
- Introduction
- Tier Standard By Value
- Tier I And II
- By Value
- Tier III
- By Value
- Tier IV
- By Value
- Introduction
- Brazil
- By Product
- Introduction
- Product By Value
- CRAC Units
- By Value
- CRAH Units
- By Value
- Introduction
- By Deployment
- Introduction
- Deployment By Value
- In-Row Cooling
- By Value
- In-Rack Cooling
- By Value
- Centralized Cooling
- By Value
- Introduction
- By Tier Standard
- Introduction
- Tier Standard By Value
- Tier I And II
- By Value
- Tier III
- By Value
- Tier IV
- By Value
- Introduction
- By Product
- Mexico
- Argentina
- Chile
- Colombia
- Rest Of LATAM
- COMPETITIVE ASSESSMENT
- Adoption Matrix
- Data Center Precision Air Conditioning Market Share By Manufacturers
- Data Center Precision Air Conditioning Market Ranking By Revenue For Manufacturers
- Average Price By Manufacturers
- Vendor Footprint Analysis
- MARKET PLAYERS ASSESSMENT
- Airedale
- Overview
- Business Information
- Revenue
- ASP
- Gross Margin
- Swot Analysis
- Recent Developmments
- AIRSYS
- ClimateWorx
- Climaveneta
- Data Aire
- Delta Group
- Emicon
- Eaton
- Huawei
- Rittal
- Renovoair Zhuhai
- Swegon
- Schneider Electric
- STULZ
- Vertiv
- Airedale
- RESEARCH METHODOLOGY
- Research Data
- Secondary Data
- Major Secondary Sources
- Key Data From Secondary Sources
- Primary Data
- Key Data From Primary Sources
- Breakdown Of Primaries
- Secondary And Primary Research
- Key Industry Insights
- Secondary Data
- Market Size Estimation
- Bottom-Up Approach
- Top-Down Approach
- Market Projection
- Research Assumptions
- Assumptions
- Limitations
- Risk Assessment
- Research Data
- APPENDIX
- Discussion Guide
- Customization Options
- Related Reports
- DISCLAIMER
Table of Content and Figure @ https://straitsresearch.com/report/data-center-precision-air-conditioning-market/toc
Recent Development
- In November 2022, Brazilian firm Zeittec is set to build a new data center for the Federal University of Espírito Santo (UFES) in the city of Vitória in Espírito Santo state.
- In October 2022, Modine Manufacturing Company, a diversified global leader in thermal management technology and solutions, announced that it had shipped its first chillers for the data center market from their newly repurposed production facility in Rockbridge, Virginia, as part of a previously announced order with data center giant, Corscale.
News Media
Global Data Center Liquid Cooling Market Grows Tremendously at a CAGR of 27.11%
Have a Look at the Related Research Report
Carbon Neutral Data Center Market: Information by Applications (IT and Telecom, Healthcare), Data Center Type (Hyperscale Data Center, Enterprise Data Centers), and Regions—Forecast till 2031
Data Center Distribution Transformer Market: Information by Insulation (Oil Immersed and Dry), Channel Partners (Original Equipment Manufacturers, Distributors), and Region—Forecast till 2031
Data Center Infrastructure Management Market: Information by Type (Software, Services), Deployment Type (On-Premise), Size of the Data Centre, and Region — Forecast till 2029
Data Center Fire Detection and Suppression Market: Information by Fire Safety Systems (Fire Detection, Fire Suppression), Deployment Locations (Technical Space/Room Level), and Region—Forecast till 2031
Data Center Liquid Cooling Market: Information by Solution Type (Indirect Cooling, Direct Cooling), Data Center Type (Hyperscale Centers), End-User Industry (IT and Telecom, and Insurance (BFSI), Healthcare), and Region—Forecast Till 2031
Data Center Accelerator Market: Information by Processor Type (CPU (Central Processing Unit), GPU (Graphics Processing Unit), FPGA (Field-Programmable Gate Array), ASIC, Application, and Regions—Forecast Till 2031
About Straits Research Pvt. Ltd.
StraitsResearch is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Straits Research Pvt. Ltd. provides actionable market research data, especially designed and presented for decision making and ROI.
Whether you are looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with the client’s purchase. We overcome our clients’ issues by recognizing and deciphering the target group and generating leads with utmost precision. We seek to collaborate with our clients to deliver a broad spectrum of results through a blend of market and business research approaches.
For more information on your target market, please contact us below:
Phone: +1 646 480 7505 (the U.S.)
+91 8087085354 (APAC)
+44 208 068 9665 (the U.K.)
Email: sales@straitsresearch.com
Follow Us: LinkedIn | Facebook | Instagram | Twitter