Vancouver, Dec. 20, 2023 (GLOBE NEWSWIRE) -- The global data center cooling market size was USD 11.40 Billion in 2022 and is expected to register a steady revenue CAGR of 9.8% during the forecast period, according to latest analysis by Emergen Research. Technological advancements in data center cooling systems is the primary factor driving market revenue growth. Cooling is a standard part of data center operations as servers constantly run 24/7, which increases the core temperature, which, if not controlled, can lead to a data center outage. Direct-to-Chip (D2C) cooling is a more contemporary liquid cooling approach that uses tubes to feed liquid coolant to a chip. The coolant absorbs and transfers heat from the chip, directly cooling Central Processing Units (CPUs). D2C cooling is regarded as one of the most effective and efficient methods of removing heat from data centers. In addition, Calibrated Vectored Cooling (CVC) is a data center cooling system designed for high-density servers, which optimizes the airflow path through equipment to let the cooling system to handle heat more effectively, allowing the ratio of circuit boards per server chassis to increase and less enthusiasts to be used.
Moreover, increasing data generation and consumption across various sectors is another factor driving revenue growth of the market. Data center cooling is the system that maintains ideal operating environment for all of the equipment in a data center and enables servers to stay online for longer periods of time. Maintaining an optimal temperature range is essential for the efficient operation of Information Technology (IT) equipment. Furthermore, proper cooling ensures that servers and other components operate within their specified temperature limits, optimizing overall system performance, hence driving market revenue growth.
However, implementing advanced cooling technologies can be complex and costly, which could restrain market revenue growth. For instance, liquid cooling systems, may require changes to the data center infrastructure, including modifications to server racks and plumbing installations, which can be expensive.
You Can Download Free Sample PDF Copy Of This Report@ https://www.emergenresearch.com/request-sample/2580
Scope of Research
Report Details | Outcome |
Market Size in 2022 | USD 11.40 Billion |
CAGR (2023–2032) | 9.8% |
Revenue Forecast To 2032 | USD 28.97 Billion |
Base Year For Estimation | 2022 |
Historical Data | 2019–2021 |
Forecast Period | 2023–2032 |
Quantitative Units | Revenue in USD Billion and CAGR in % from 2023 to 2032 |
Report Coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments Covered | Component, cooling technique, type of cooling end-use, data center type, and region |
Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Country Scope | U.S., Canada, Mexico, Germany, France, UK, Italy, Spain, Benelux, Rest of Europe, China, India, Japan, South Korea, Rest of APAC, Brazil, Rest of LATAM, Saudi Arabia, UAE, South Africa, Turkey, and Rest of Middle East & Africa |
Key Companies Profiled | Schneider Electric, Vertiv Group Corp, AIREDALE INTERNATIONAL AIR CONDITIONING LTD, STULZ GMBH, Rittal GmbH & Co. KG, Black Box, Nortek Air Solutions, LLC, 3M, Asetek, Inc., Delta Electronics, Inc., Fujitsu, Siemens, ALFA LAVAL, Trane Technologies plc, Johnson Controls, ABB, Degree Controls Inc., Geoclima S.r.l. Unipersonale, KyotoCooling, and Motivair Corporation |
Customization Scope | 10 hours of free customization and expert consultation |
Emergen Research is Offering Limited Time Discount (Grab a Copy at Discounted Price Now) @
https://www.emergenresearch.com/request-discount/2580
Major Companies and Competitive Landscape
The global data center cooling market is fragmented with large and medium-sized market players accounting for the majority of revenue. Major players are deploying various strategies, entering into mergers and acquisitions, strategic agreements and contracts, developing, testing, and introducing more effective cooling solutions in the market. Some major players included in the global data center cooling market report are:
- Schneider Electric
- Vertiv Group Corp.
- AIREDALE INTERNATIONAL AIR CONDITIONING LTD.
- STULZ GMBH
- Rittal GmbH & Co. KG
- Black Box
- Nortek Air Solutions, LLC.
- 3M
- Asetek, Inc.
- Delta Electronics, Inc.
- Fujitsu
- Siemens
- ALFA LAVAL
- Trane Technologies plc.
- Johnson Controls
- ABB
- Degree Controls Inc.
- Geoclima S.r.l. Unipersonale
- KyotoCooling
- Motivair Corporation
Strategic Development
- On 22 March 2023, OVHcloud, the European cloud leader, announced the launch of its first data center in India, as part of its Asia Pacific expansion plans. The facility makes use of OVHcloud's proprietary water cooling technology, to meet the region’s tropical conditions.
Direct Order Can Be Placed Through This Link [Exclusive Copy] @
https://www.emergenresearch.com/select-license/2580
Some Key Highlights From the Report
- The solution segment accounted for largest revenue share in the global data center cooling market in 2022. This is due to rising demand for data center cooling solutions since using energy-efficient computer units in the infrastructure not only reduce electricity consumption, but the system also generates less heat, requiring less energy to cool the environment and minimizing the likelihood of overheating. Every piece of IT equipment that uses power generates the same amount of heat. Proper cooling prevents IT equipment from overheating, ensuring consistent performance and reducing the risk of hardware failures.
- The room-based cooling segment is expected to register steadily fast revenue growth rate in the global data center cooling market during the forecast period. This is attributed to increasing need for room-based cooling as these are designed to provide a more even distribution of cooled air throughout the entire data center. This helps to maintain a consistent temperature across server racks, preventing hot spots and ensuring optimal operating conditions for all IT equipment. In addition, room-based cooling solutions offer scalability, which allows data centers to adapt to changes in IT infrastructure and capacity requirements, hence driving revenue growth of this segment. Adding or removing server racks can be done more easily without the need for extensive modifications to cooling systems.
- The Asia Pacific market accounted for largest revenue share in the global data center cooling market in 2022. This is due to rising demand for efficient data center cooling in various sectors, such as Banking, Financial Services, and Insurance (BFSI), and Information Technology (IT) & Telecom, for maintaining optimal operating conditions and ensuring the reliability and longevity of IT equipment. In addition, increasing strategic initiatives taken by major companies is also expected to drive market revenue growth of this region during the forecast period.
- On 12 September 2023, Halton, a global leader in Heating, Ventilation, Air Conditioning (HVAC) innovation and indoor air comfort solutions, and Phononic, a global leader in sustainable solid-state cooling, announced a strategic partnership for the commercial launch of Terminal Treatment of Air with Peltier (TTAP) technology, an HVAC solution that significantly reduces greenhouse gas emissions. This innovative approach eliminates global-warming refrigerants and gives building owners and developers with a long-term solution that considerably reduces a building's Carbon Dioxide (CO2) emissions over its life cycle.
Browse Full Report Description + Research Methodology + Table of Content + Infographics@
https://www.emergenresearch.com/industry-report/data-center-cooling-market
Emergen Research has segmented the global data center cooling market on the basis of component, cooling technique, type of cooling, end-use, data center type, and region:
- Component Outlook (Revenue, USD Billion; 2019–2032)
- Solution
- Air Conditioning
- Chilling Units
- Cooling Towers
- Economizers Systems
- Control Systems
- Others
- Services
- Consulting
- Installation & Deployment
- Maintenance & Support
- Solution
- Cooling Technique Outlook (Revenue, USD Billion; 2019–2032)
- Air-based Cooling
- Direct Expansion (DX) Cooling
- Chilled Water Cooling
- Liquid-based Cooling
- Immersion Cooling
- Cold Plate Cooling
- Air-based Cooling
- Type of Cooling Outlook (Revenue, USD Billion; 2019–2032)
- Room-Based Cooling
- Row-Based Cooling
- Rack-Based Cooling
- End-use Outlook (Revenue, USD Billion; 2019–2032)
- Information Technology (IT) & Telecom
- Banking, Financial Services, and Insurance (BFSI)
- Healthcare
- Government & Defense
- Research & Academic
- Retail
- Energy
- Manufacturing
- Others
- Data Center Type Outlook (Revenue, USD Billion; 2019–2032)
- Large Data Centers
- Enterprise Data Center
Mid-Sized Data Center
- Regional Outlook (Revenue, USD Billion; 2019-2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East & Africa
- North America
Curated Reports You Shouldn't Miss: Dive In Now!
Digital Twin Market, By Technology [(IoT)-Driven, AI and ML-Enhanced, Blockchain-Powered, and Others)] By Deployment, By Solution, By Organization Size, By Application, By End-use, and By Region Forecast to 2032
Cloud ERP Market By Deployment (Private, Public, Hybrid), By Organization Size (Small and Medium-sized, Large), By Application (Finance, Operations, Marketing, Others), By End-use (Manufacturing, Healthcare, IT and Telecom, Retail, and Others), and By Region Forecast to 2028
Conversational Artificial Intelligence Market, By Offering (Solution and Services), By Conversational (Chatbots, Interactive Voice Routing, and Others), By Business Function, By Technology, By Channel, By Vertical, and By Region Forecast to 2032
Parking Management Market By Offering (Services, Solutions), By Service (Support & Maintenance, System Integration, Consulting), By Solution (Security & Surveillance, Valet Parking, and Others), By Deployment, By Parking Site, By End-use, and By Region Forecast to 2028
Streaming Analytics Market By Component (Services, Solutions), By Deployment (On-premises, Cloud), By Application (Supply Chain Management, Fraud Detection & Risk Management, Location Intelligence, and Others), By End-Use, and By Region Forecast to 2028
About Emergen Research
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: https://www.emergenresearch.com/
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Explore Our Blogs and Insights Section: https://www.emergenresearch.com/insights
Read our Press Release @ https://www.emergenresearch.com/press-release/global-data-center-cooling-market