Market Highlights
The Data Center Cooling Market is growing due to rapid proliferation in big data and cloud computing services. The data center cooling offers energy efficient solutions to maximize the efficiency while ensuring the proper operation of data centers. The demand of data cooling solution increasing among various sectors such as Telecom & IT, BFSI & Retail, healthcare, and energy sectors that has resulted in the growth of data center cooling market. The high data volume and increasing number of enterprises shifting towards cloud based services has played an essential role in driving the data center cooling market. The various government regulations on carbon footprint and power efficiency of data center operations is also swelling the demand for environment friendly data center cooling solutions.
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Data Center Cooling Market:
The key factor in the growth of data center cooling is the rising necessity for eco-friendly and energy efficient cooling solutions. Data center precision air conditioning market is showing major growth due to its key benefits such as precise and fast temperature control, enhanced air filtration, humidity control, and high air flow. The growth in the telecom and information technology enabled services is demanding the adoption of new data center that in turn is supporting the data center cooling market.
Segments:
Global Data Center Cooling Market has been segmented on the Basis of Component, Cooling Type Service, End-User and Verticals. The Component includes Precision Air Conditioning, Server Cooling, Chillers, Economizer, and Air Handling Units among others. Cooling Type are Air based Cooling & Liquid based Cooling. Service has been identified as Professional Service & Managed Service. End-User consist of SMEs & LSEs whereas Verticals includes Telecom & IT, BFSI, Healthcare, Energy, and Government among others.
Key Players
The Prominent players in the market of Data Center Cooling are- Fujitsu, Ltd. (Japan), Asetek A/S (Denmark), The Mitsubishi Group (Japan), Schneider Electric SE (France), Rittal GmbH & Co. KG (Germany), Hitachi, Ltd. (Japan), 4energy (U.K.), 3M (U.S.), Degree Controls (U.S.), Wakefield-Vette, Inc. (U.S.), HP Development Company, L.P. (U.S.), The Heico Companies LLC (U.S.), , Vertiv Co. (U.S.), IT Aire , Inc. (U.S.), Cloudsite Intelligent Data Centers (U.S.) among others.
Regional Analysis:
North America is generating the highest revenue and showing major growth in data center cooling market due to the high adoption of cooling technology and presence of major key players in this region. Asia-Pacific is expected to show substantial growth due to the growing demand of energy efficient cooling technology whereas many government organization in this region are working towards energy efficient cooling solution in order to reduce carbon footprint which is also supporting the data center cooling market. Europe is also showing growth in the Data Center Cooling Market due to the huge demand from the IT sector.
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Intended Audience
- System integrators
- OEMs
- Cloud Service Providers
- Technology consultants
- Enterprise service management vendors
- Consulting firms
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