The global data center cooling market size is expected to reach USD 20.7 billion by 2025, according to a study conducted by Grand View Research, Inc. The industry is projected to advance at a promising CAGR of 13.5% over the forecast period. Data center concerns a dedicated space such as a building or a group of buildings, which are utilized for housing computers, telecommunications, and storage systems. Rising number of data centers coinciding with the rapid growth of the IT sector globally, increasing usage of cloud computing, and sustained demand for eco-friendly cooling technologies are some of the key factors that are expected to boost the market growth. The emergence of cloud computing, coupled with initiatives by government organizations to promote the adoption of cloud technology, is a major driver for the industry growth. For example, the government of UAE has introduced various projects including Smart Dubai and Smart Abu Dhabi, aimed at bringing about digital transformation and economic growth in the country.
Assessment of the power requirement is one of the most critical aspects with regards to movement of organizational assets into a data center. Data center cooling accounts for over 30% of the total energy consumption. In the current scenario, companies are moving toward sustainable cooling, which can save up to 80% or more on energy costs for cooling. For instance, Apple’s North Carolina data center facility operates completely on sustainable, eco-friendly power sources, with data center cooling being achieved through the free-air cooling technique, enabling the chillers to remain off 75% of the time. Additionally, there is increasing pressure from the local and federal government agencies, environmentalists, and the general public for organizations to implement green initiatives. Therefore, high demand for eco-friendly and cost-effective cooling solutions is expected to propel the market growth. Rising shift toward digital transformation through connected technology and IoT has led to the need for a data center ecosystem that can ensure quick deployment, scalability, flexibility, and security.
Data Center Cooling Market Report Highlights
• The rapid advancements in the artificial intelligence, high performance computing, 3D graphics, and gaming industry have increased the necessity for efficient and faster computing services. Recent years have seen CPUs and GPUs consume more power while dissipating more heat, with IDC stating that globally, annual energy consumption per server is growing by 9 percent; this highlights the importance of proper cooling infrastructure in data centers
•The telecom segment accounted for over 20.0% of the total market share in 2018, owing to increased penetration of 4G services and development of 5G infrastructure that has data-intensive networks; additionally, growing number of telecom subscribers using smartphones is anticipated to boost the demand for data centers
•The raised floor with containment segment is expected to register the fastest CAGR 6% from 2019 to 2025; this is owing to the rising adoption of Hot Aisle Containment (HAC) and Cold Aisle Containment (CAC) methods
•The Middle East is expected to witness substantial growth in the data center cooling market, with several IT companies, including Google Inc., Oracle Corporation, and Alibaba, announcing their plans to build data centers in the region in recent years
•The COVID-19 pandemic has witnessed massive spending by technological giants such as Amazon, Google, Facebook, and Microsoft on data centers, hitting a record $37 billion in the third quarter of 2020, as cloud and digital services, as well as online activities saw a huge boost for the large part of 2020; such an environment is expected to create positive growth for the data center cooling market in coming years
•Major companies in the market are Air Enterprises, Asetek, Schneider Electric, Rittal GmbH, Hitachi, Fujitsu, and Vertiv. Most of these industry participants focus on introducing different cooling techniques to enhance their market presence
•In November 2020, Asetek announced that its Direct-to-Chip (D2C) liquid cooling technology has been utilized by Supermicro in a new high-performance computing cluster at Lawrence Livermore National Labs (LLNL). The cluster involves deployment of 26 racks and more than 1500 compute nodes
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Data Center Cooling Market Segmentation
Grand View Research has segmented the global Data Center Cooling market on the basis of product, application, and region:
Data Center Cooling Product Outlook (Revenue, USD Million, 2014 – 2025)
• Air Conditioners
• Precision Air Conditioners
• Chillers
• Air Handling Units
• Others
Data Center Cooling Application Outlook (Revenue, USD Million, 2014 – 2025)
• Telecom
• IT
• Retail
• Healthcare
• BFSI
• Energy
• Others
Data Center Cooling Containment Outlook (Revenue, USD Million, 2014 – 2025)
• Raised Floor with Containment
• Hot Aisle Containment (HAC)
• Cold Aisle Containment (CAC
• Raised Floor without Containment
Data Center Cooling Structure Outlook (Revenue, USD Million, 2014 – 2025)
• Rack-based Cooling
• Row-based Cooling
• Room-based Cooling
Data Center Cooling Regional Outlook (Revenue, USD Million, 2014 – 2025)
• North America
• The U.S.
• Canada
• Mexico
• Europe
• Germany
• The U.K.
• Nordic Countries
• Eastern Europe
• Asia Pacific
• China
• India
• Japan
• South East Asia
• Australia
• Latin America
• Brazil
• Mexico
• Middle East & Africa
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About Grand View Research
Grand View Research is a market research and consulting company based in India and the US, and headquartered in San Francisco. The organization offers syndicated and customized research reports in 46 industries across 25 major global economies.
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