Global Data Center Cooling market size was valued at US$ 11.55 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 10.9% through 2023 to 2029, reaching nearly US$ 23.84 Bn.
Market Overview:
The Data Center Cooling market study encompasses price trend analysis of target brands, market insights from various countries, clinical trial findings, literature research, analysis of the refurbished market and product base, and additional services. It also includes a comprehensive analysis of rival markets, ranging from technology-based research to portfolio strategies. The report incorporates an extensive list of competitors to reflect the current market scenario accurately.
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Market Scope:
This research study offers annual projections up to 2027, along with insights into each major end-user segment of the Data Center Cooling market. It provides estimations for revenue, sales, and growth rate of the Data Center Cooling market worldwide.
Drivers:
The COVID-19 pandemic has changed the buying pattern of consumers. Measures such as nationwide lockdown have led to buy food and hygiene products. Following the COVID-19 crisis, increasing number of patients are opting for self-medication rather than visiting a doctor. This has led to several people stocking up over-the-counter drugs for symptom relief. Moreover, awareness and interest in the role of preventive health among consumers, has increased demand for products which help in boosting the immunity. This has led to increasing demand for health supplements. The overall increase in demand for pharmaceuticals is expected to drive the market growth of glutathione during the pandemic.
Segmentation:
by Component
Solution
Services
by Solution
Air Conditioning
Chilling Units
Cooling Towers
Economizer Systems
Liquid Cooling Systems
Control Systems
Others
by Services
Consulting
Installation & Deployment
Maintenance & Support
by Type of Cooling
Room-based Cooling
Row/Rack-based Cooling
by Data Center Type Large Data Centers
Enterprise Data Centers
Mid-sized Data Centers
by Industry
BFSI
IT & Telecom
Research & Academic
Government & Defense
Retail
Energy
Manufacturing
Healthcare
Others
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Key Players: The leading players in the Data Center Cooling market include:
1. 3M
2. AIRSYS
3. Alfa Laval
4. Allied Control
5. Asetek
6. Climaveneta (Mitsubishi Electric)
7. Condair Group
8. Coolcentric (Wakefield-Vette)
9. CoolIT Systems
10. Daikin Applied
11. Data Aire
12. Delta Group
13. Green Revolution Cooling
14. Munters
15. Nortek Air
16. Pentair
17. Renovo Zhuhai
18. Rittal
Regional Analysis:
The regional analysis section of the Data Center Cooling market report evaluates individual market influencers and legislative changes affecting current and future market trends. Factors such as consumption patterns, production capacities, import-export dynamics, price trends, raw material costs, and upstream and downstream value chain analyses are considered to forecast market conditions accurately.
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The report assesses the global Data Center Cooling market across the following regions:
- North America (United States, Canada)
- European Union (Germany, France, United Kingdom, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia)
- Latin America (Brazil, Argentina, Colombia)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)
Key Questions Addressed in the Data Center Cooling Market Report:
- What are the emerging trends expected to shape the Data Center Cooling market in the forecast period?
- What will be the size of the Data Center Cooling market by 2027?
- Which company held the largest market share in the Data Center Cooling market in 2020?
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