Global Data Center Cooling Market by Application (Telecom, Retail, IT), by Product (Precision Air Conditioner, Air Conditioner) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global data center cooling market was valued at USD 8.6 Billion in 2018. It is projected to grow at a compound annual rate (CAGR of 13.5%) between 2019 and 2025. The market is expected to be driven by factors such as the increasing demand for energy-efficient data centers, increasing investments by managed service providers and colocation service providers, as well increasing construction of large scale data centers. In order to ensure business continuity, organizations can invest in new data centers through the development of cloud technology, large-scale data, as well as Internet of Things (IoT). This will also boost market development.

Digital Realty Trust, Inc., which is known for its colocation, data center and interconnected solutions, announced that it had established its third Toronto, Canada center. The new center will cater to both emerging startups and large technology companies that are focusing on digital transformation, according to the company. The company hopes to increase its presence in Canada, which is growing in demand for secure and reliable IT solutions. The market is also driven by infrastructure convergence.

The industry will also be driven by rising demand for better mobility, operational efficiency and security. The market growth is also being supported by software-based centers that offer greater automation. The increasing shift to digital transformation via connected technology and Internet of Things has created the need for a data centre ecosystem that can provide rapid deployment, scaleability, flexibility, security, availability, and security. This is opening the door to innovative systems that are cost-effective, agile, flexible, secure, and software-defined.

Many organizations in different industries such as research and education, manufacturing and chemical, generate large amounts of data and store it. Complex calculations and problems related to natural phenomena, like climate change, space explorations, or weather forecasting, will also require them to solve. IT professionals are required to work with web and financial data, applications, and databases. These areas require high processing power, enhanced speed, cooling efficiency, and increased performance. Data center cooling is expected to fulfill all these requirements, and have a positive effect on the market.

Product Insights

The product segment can be divided into air conditioners and precision air conditioners, chillers and air handling units. In 2018, the air conditioners segment accounted for the largest percentage, with over 30%. It is expected to grow significantly over the forecast period. Densely packed racks produce heat when analyzing and storing data to aid in decision-making. Air conditioners are essential for maintaining a comfortable temperature and ensuring the proper operation of systems.

Air conditioners are heat exchangers that keep the room temperature at the right level in sensitive IT environments. During the forecast period, precision air conditioners will experience the fastest CAGR. The demand for precision AC conditioners will rise due to technological advancements and the development of energy efficient units. They also offer many benefits such as constant operation, precise humidity control and better air distribution.

Application Insights

The application segment can be divided into IT, telecom, IT, retail and healthcare. Over the forecast period, the retail segment will grow at a CAGR of 13.0%. This is due to the increased use of Image Processing Tools (IPVT), smartphones and social media.

Telecom segment held the largest market share and is expected to record the highest CAGR during the forecast period. The demand for data center cooling is expected to grow due to the rapid expansion of the IT and telecommunication industries around the world. Data center cooling solutions will also be needed to support emerging telecommunication infrastructures.

Containment Insights

The containment section has been divided into raised floor with containment or raised floor without containment. The segment of raised floor without containment has been further divided into Hot Aisle Containment, Cold Aisle Containment and Cold Aisle Containment. This segment will see a significant CAGR due to increased use of HAC/CAC methods. HAC is expected to have the highest CAGR due to the enhanced return airflow management option.

Hot aisle containment reduces air mixing and allows for higher electricity savings. It also increases economizer hours and economizer hours. In 2018, the CAC segment held the largest market share and will likely continue to do so in the future. Cold aisle containment can be implemented in an existing data center with raised floors. This will increase the development of the segment.

Structure Insights

The market can be divided into three types of structure: rack-based cooling, row-based cooling, and room-based. In 2018, the market's largest share was held by the room-based cooling segment. Room-based cooling is an old approach that has been used by many operators. This provides increased cooling power and continuous mixing of cold and hot air to maintain a comfortable temperature and avoid hot spots.

Over the forecast period, row-based segments are expected to see a healthy CAGR. The heat generated by high and variable density IT equipment in data centers is too much for the room-based approach.

The room-based cooling method for high-density IT equipment can lead to inefficient and unpredictable cooling. Row- and rack-based solutions offer greater scalability, increased cooling, and lower power consumption. These solutions are expected to be the preferred choice for next-generation data centres by large and small businesses.

Regional Insights

In 2018, the North America region dominated the global market. It is expected to continue its dominance as the largest market for technology-based products in the future. It is expected to become a major region in the global economic, particularly in the development and implementation of new technologies. It is also likely that the region will see prominent companies like Google, Amazon, Inc., or Amazon, Inc. contribute to its growth.

As the market for telecom services expands, the Asia Pacific market will be a major player over the forecast period. This could be due to an increase in the number of service providers who provide IT infrastructure services that manage and operate critical business information.

Market Share Insights & Key Companies

This market is well-consolidated and is characterized by strong competition, with major global players. These companies are particularly focused on improving product quality and using innovative cooling techniques to increase their market presence. For example, Amazon discovered a way to use the heat generated from its data centers to heat buildings across the street. Hydronic heat is a method that transfers heat from centers to the central heating system. This is called a network of water pipes under the street.

After the heat has been dissipated, all of the water is absorbed and returned to the data center. In a similar fashion, Microsoft announced in June 2018 that an eco-friendly data centre was lowered into the ocean waters near Orkney Island (Scotland) as part of Phase 2. Project Natick is a project to determine if it is feasible to have systems on the seabed. The prototype, which weighs approximately 117 feet, has been used to test cooling efficiency and internet connectivity. This project was jointly undertaken by the company and the incumbents in the marine industry. It also aims to develop an underwater system that can deliver clouds services to coastal cities. The following are some of the most prominent players in data center cooling:

* Air Enterprises;

* Asetek

* Coolcentric

* Hitachi Ltd.;

* Netmagic Solutions

* Fujitsu Limited;

* Schneider Electric

Data Center Cooling Market Report Scope

The Report Covers Certain Segments

This report forecasts volume and revenue growth at the global, regional and country level. It also provides analysis of industry trends for each sub-segment from 2014-2025. Grand View Research segmented the global cooling market report by product, region, application, containment, design, and structure.

• Product Outlook (Revenue USD Million, 2014-2025)

  • Air Conditioners

  • Precision Air Conditioners

  • Chillers

  • Air handling units

  • Other

• App Outlook (Revenue USD Million, 2014-2025)

  • Telecom

  • IT

  • Retail

  • Healthcare

  • BFSI

  • Energie

  • Other

• Containment Outlook (Revenue USD Millions, 2014-2025)

  • Raised Floor with Containment

    • Hot Aisle Containment

    • Cold Aisle Containment

  • Raised Floor with No Containment

• Structure Outlook (Revenue USD Million, 2014-2025)

  • Rack-Based Cooling

  • Row-Based Cooling

  • Room-Based Cooling

• Regional Outlook (Revenue USD Million, 2014-2025)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • Nordic Countries

    • Eastern Europe

  • Asia Pacific

    • China

    • India

    • Japan

    • South East Asia

    • Australia

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa

These are the most frequently asked questions about this report

b. Global data center cooling market was valued at USD 9,647.2 Million in 2019, and is forecast to grow to USD 10,870.0 millions in 2020.

b. Global data center cooling market will grow at 13.1% compound annual growth rate from 2019 to 2025, reaching USD 20,309.2 millions by 2025.

b. With a 30.2% share in 2019, North America was the dominant market for data center cooling. This can be attributed to the large number of data center locations in America, particularly those that are home to tech-giants like Google, Inc., Amazon, Inc., etc.

b. Air Enterprises, Asetek, Coolcentric, Fujitsu Limited, Netmagic Solutions, Rittal & Co. KG, STULZ GMBH, Schneider Electric, as well as Telx Holdings, Inc.

b. The market is growing due to the increasing demand for energy-efficient data centers, increasing investments by managed service providers and colocation service providers, as well as increasing construction of hyperscale data centres.

Up Market Research published a new report titled “Data Center Cooling Market research report which is segmented by Application (Telecom, Retail, IT), by Product (Precision Air Conditioner, Air Conditioner), By Players/Companies Chillers, Others, Precision Air Conditioners, Product Outlook (Revenue USD Million 2014 - 2025)Air ConditionersPrecision Air ConditionersChillersAir Handling UnitsOthers, Air Conditioners, Air Handling Units”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Data Center Cooling Market Report Segments:

The market is segmented by Application (Telecom, Retail, IT), by Product (Precision Air Conditioner, Air Conditioner).

Data Center Cooling Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Data Center Cooling Market

Overview of the regional outlook of the Data Center Cooling Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Data Center Cooling Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Data Center Cooling Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Telecom

                2. Retail

                3. IT

                1. Precision Air Conditioner

                2. Air Conditioner

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Data Center Cooling Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the Data Center Cooling Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.