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Data Center Cooling Market is Set To Fly High in Years to Come

  • 4 min read
HTF Market Intelligence Consulting Pvt Ltd
March 14, 2023, 10:53 GMT

/ — The Latest Released Data Center Cooling market study has evaluated the future growth potential of Data Center Cooling market and provides information and useful stats on market structure and size.

The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the Data Center Cooling market.

The study includes market share analysis and profiles of players such as Fujitsu Limited (Japan), Hitachi, Ltd. (Japan), Schneider Electric SE (France), Mitsubishi Electric (Japan), 3M (United States), Siemens (Germany), Rittal GmbH & Co. KG (Germany), Green Revolution Cooling (United States), Black Box Corporation (United States), Nortek Air Solutions, LLC (United States)

If you are a Data Center Cooling manufacturer and would like to check or understand the policy and regulatory proposals, designing clear explanations of the stakes, potential winners and losers, and options for improvement then this article will help you understand the pattern with Impacting Trends. 

According to HTF Market Intelligence, the Global Data Center Cooling market to witness a CAGR of 15.5% during forecast period of 2023-2029. The market is segmented by Application (Telecom, IT, Retail, Healthcare, BFSI, Energy, Others) by Type (Row-Based Cooling, Overhead Cooling, Rack-Based Cooling) by By Component (Solution, Service) and by Geography (North America, South America, Europe, Asia Pacific, MEA).

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Cooling in the data center environment refers to the technologies and equipment deployed in data centers to avoid heating in order to enhance the performance and reduce downtime caused due to overheating.

Cooling technologies are rapidly proving to be a critical element in the efficient functioning of data centers. With increasing capacity and higher density, there is an increasing need for energy-efficient cooling of the IT equipment.

There are many innovations from different companies that are changing the landscape of data center cooling. One notable mention is Google’s environmentally friendly data center. One of the reasons cited for the uptick in the general data center cooling market is the trend of data centers built in developing countries or regions such as Singapore and Latin America.

Market Trends:
• Liquid Cooling Solutions such as Immersion System

Market Drivers:
• Growing demand for cost-effective data centers solutions and services coupled with the rise in eco-friendly cooling technologies and a large amount of data load at data centers are some of the key factors driving the demand of the data center cooling market.
• Huge Investments in New Data Center Cooling Technologies by Companies owing to Increasing Power Densities

Market Opportunities:
• Growing Technological Advancements such as Artificial Intelligence, Edge Computing Deployments, and Datacenter smart assistant
• Innovations in Data Center Infrastructure Management such as Greener Technology
• Mining of Cryptocurrencies

Revenue and Sales Estimation — Historical Revenue and sales volume are presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized Types and end-use industry.

SWOT Analysis on Data Center Cooling Players
In addition to Market Share analysis of players, in-depth profiling, product/service, and business overview, the study also concentrates on BCG matrix, heat map analysis, FPNV positioning along with SWOT analysis to better correlate market competitiveness.

Demand from top-notch companies and government agencies is expected to rise as they seek more information on the latest scenario. Check the Demand Determinants section for more information.

Regulation Analysis
• Local System and Other Regulation: Regional variations in Laws for the use of Data Center Cooling
• Regulation and its Implications
• Other Compliances