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How big is the Data Center Cooling industry and how it will look like in the next 5 years?

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How big is the Data Center Cooling industry and how it will look like in the next 5 years?

July 06
18:05 2021
How big is the Data Center Cooling industry and how it will look like in the next 5 years?

Data Center Cooling Market
The increasing number of data centers on account of the rising demand for cloud-based services is expected to drive the global data center cooling market growth during the forecast period, 2019–2026. For instance, spending on cloud computing has grown at a rate of 4.5 times the rate of IT spending since 2009 and is estimated to grow at better than 6 times the rate of IT spending from 2015 through 2020.

Data Center Cooling Market:

Straits Research’ titled, supported The Worldwide Data Center Cooling market and this can mainly be attributed to the increasing adoption of mobile devices, cloud computing, and internet of things, among others, which have significantly transformed application building, deployment, and utilization processes. Most current IT models are failing to maintain such big packaged applications, which is propelling the need for infrastructural transformation and subsequently, driving the adoption of data centers. This linear growth in cloud technology accelerates the demand for data centers,  ultimately fueling the need for effective cooling solutions.

The global data center cooling market was valued at USD 9.59 billion in 2017 and is expected to grow at a CAGR of 10.70% during the forecast period, 2019–2026.

Grab a Free Sample PDF copy of the Data Center Cooling Market Report 2021 @ Center Cooling-Market/request-sample

The Major Players Covered in this Report: Schneider Electric Se., Black Box Corporation, Nortek Air Solutions, LLC, Airedale International Air Conditioning Ltd, Rittal GmbH & Co. Kg, Stulz GmbH, Vertiv Co., Asetek, Adaptivcool, and Coolcentric. & More.

By Component, o Solution, Chilling Unit, Air Conditioner, Cooling Tower, Control System, Economizer, Liquid Cooling system, Others, o Service, Installation and Deployment, Maintenance and Support, Consulting
By Technique, Rack/Row, Room 
By Application, IT and Telecom, BFSI, Retail, Energy and Utility, Colocation, Healthcare, Others

Buy Full Report with Detail Analysis with COVID-19 Impact –

Years that have been considered for the study of this report are as follows:

  • History Year: 2015-2021
  • Base Year: 2021
  • Estimated Year: 2020
  • Forecast Year: 2021 to 2029

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Data Center Cooling in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Data Center Cooling market during the forecast period 2021-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Data Center Cooling and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Data Center Cooling. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

Why Buy This Report?
The report covers some additional points within the scope:

  • Market Share Analysis of Top Companies and Competitive Landscape
  • Potential Venture Avenue
  • Porters Five Force Analysis

Full Report Link @ Center Cooling-Market 

Key Data Center Cooling Market Trends:
– The report identifies, determines, and forecasts the Global Data Center Cooling Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
– Industry to Industry Holds Largest Share in the Data Center Cooling Market
– It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
– Demand from Regional / geographical is Expected to Drive the Growth
– Rising Adoption of Market Segments in this Growth
– North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
– It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Data Center Cooling Market.

Would you like to discuss Data Center Cooling  Market challenges with the experts at Straits Research?

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