Global Data Center Cooling Market Size to witness a CAGR of 18% through 2028

By Sachin Pashte  | Date: January 03, 2023

Global Data Center Cooling Market Size to witness a CAGR of 18% through 2028

Expert analysts opine that global Data Center Cooling Market, which was valued at USD 8.6 billion in 2021, is estimated to progress at a CAGR of 18% through the forecast period.

Growing adoption of data center cooling owing to its green, economical, and efficient characteristics as well as widespread usage of 4G LTE networks are the major factors driving the expansion of global data center cooling market.

Notably, the expanding business had been significantly impacted by the emergence of COVID-19. The pandemic affected several sectors in the previous years due to stringent restrictions like travel ban and lockdown measures. However, the need for data center cooling from sectors including telecom operators, financial institutions, manufacturing, and other services is likely to rise steadily during the review timeline, given the successful vaccination drives which have dramatically controlled the spread of the infection.

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Based on product terrain, the industry is divided into direct to chip, immersive (single phase, two phase), liquid cooling system, cooling tower, air handling units, chillers, precision air conditioners, air conditioners, row/rack/door/overhead cooling systems, and others.

In terms of data center type, worldwide data center cooling market is branched into small-scale data center, medium-scale data center, and large-scale data center. On the basis of cooling technique, the industry is bifurcated into row-based cooling, rack-based cooling, and room-based cooling.

Speaking of end-user terrain, the industry is broken down into healthcare, retail, manufacturing, IT & telecom, BFSI, and others.

Regionally, the latest trends are studied across Western Europe (UK, Benelux, France, Spain, Nordic, Germany, Italy, rest of Western Europe), Asia Pacific (Australia, South Korea, China, ASEAN, India, Japan, Rest of APAC), Middle East & Africa (GCC, Turkey, South Africa, Rest of MEA), Latin America (Mexico, Brazil, Rest of Latin America), Eastern Europe (Poland, Russia, rest of Eastern Europe), and North America (U.S. and Canada).

The competitive landscape of global data center cooling industry is influenced by players like EVAPCO, Inc., Degree Controls, Inc., Coolcentric, Black Box Corporation, Green Revolution Cooling, Inc., Ebullient, Inc., Asetek A/S, Vertiv Group Co., STULZ GmbH, Airedale International Air Conditioning Ltd., Schneider Electric SE, Rittal GmbH & Co. KG., Nortek Air Solutions, LLC, and ABB Group. These major corporations have embraced product launches, collaborations, and acquisitions as their primary developmental strategies to provide clients with superior products and services.

Questions and Answers: - Global Data Center Cooling Market

Question 1. What are the major factors driving global data center cooling market trends?

Answer 1. Growing adoption of data center cooling owing to its green, economical, and efficient characteristics as well as widespread usage of 4G LTE networks are the major factor driving the expansion of global data center cooling market.

Question 2. How is the end-user category in global data center cooling market divided?

Answer 2. Worldwide data center cooling industry is broken down into healthcare, retail, manufacturing, IT & telecom, BFSI, and others, based on end-user ambit.

Question 3. Which are the key players influencing global data center cooling market dynamics?

Answer 3. The competitive landscape of global data center cooling market is influenced by players like EVAPCO, Inc., Degree Controls, Inc., Coolcentric, Black Box Corporation, Green Revolution Cooling, Inc., Ebullient, Inc., Asetek A/S, Vertiv Group Co., STULZ GmbH, Airedale International Air Conditioning Ltd., Schneider Electric SE, Rittal GmbH & Co. KG., Nortek Air Solutions, LLC, and ABB Group.

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About Author

Sachin Pashte     ibmag.com

Sachin Pashte

Sachin is into market research and web marketing since the last 2 years and has worked on multiple projects across various industries. He has expertise in writing promotional content for market research reports while his personal interests include the games of footbal...

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