Data Center Cooling Market

Data Center Cooling Market worth $14.28 Billion by 2021

The "Data Center Cooling Market by Solution (Air Conditioning, Chilling Unit, Cooling Tower, Economizer System, Liquid Cooling System, Control System, and Others), Service, Type of Cooling, Data Center Type, Industry, and Region - Global Forecast to 2021", estimated to grow from USD 7.12 Billion in 2016 to USD 14.28 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 14.95%.

Browse 66 market data tables and 43 figures spread through 147 pages and in-depth TOC on “Data Center Cooling Market - Global Forecast to 2021”
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The factors that drives the global data center cooling market are growing need to improve the overall data center efficiency, reduce additional heat generated by increased data center power densities, and increase focus on developing cost effective and eco-friendly data centers solutions.

Liquid cooling solutions segment expected to grow at the highest CAGR

Liquid cooling solutions segment expected to witness the highest CAGR during the period 2016 to 2021. Liquid cooling solutions make use of advanced engineered coolants that reduce the overall carbon footprint making them a more environment-friendly solution. Moreover, they provide efficient cooling for high power and server density data centers. These benefits are driving the market and are anticipated to help in propelling the data center cooling market to grow at the highest CAGR during the forecast period.

Maintenance and support services segment to grow at the highest rate during the forecast period

The maintenance and support services segment expected to grow at the highest CAGR during the forecast period owing to the rapid adoption of data center cooling solutions in enterprise and large data centers, which require third-party assistance for maintenance of the cooling infrastructure and additional support for the liquid cooling infrastructure.

North America expected to dominate the data center cooling market during the forecast period

The market segments the global market on the basis of regions, which include North America, Asia-Pacific (APAC), Europe, Middle East & Africa (MEA), and Latin America. North America expected to hold the largest share of the market in 2016 due to the technological advancements and larger adoption of data center cooling technologies across a large number of industries in this region. The market in APAC expected to grow at the highest CAGR between 2016 and 2021. The primary driving force for this growth is the increasing requirement for energy efficient and cost effective solutions in various industries.

The report also encompasses different strategies, such as mergers & acquisitions, partnerships & collaborations, and product developments, adopted by major players to increase their share in the market. Some of the major technology vendors include Schneider Electric SE (France), Black Box Corporation (U.S.), Nortek Air Solutions, LLC (U.S.), Airedale International Air Conditioning Ltd. (U.K.), Rittal GmbH & Co. KG (Germany), STULZ GmbH (Germany), Vertiv Co. (U.S.), Asetek (Denmark), AdaptivCOOL (U.S.), and Coolcentric (U.S.).

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Report Code
TC 3595
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6/4/2019
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