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.
Data Center Cooling Market Overview
The Data Center Cooling Market Report covers a detailed analysis of micro and macro market trends, pricing analysis, and short-term market. The Data Center Cooling market is sourced from both primary and secondary sources, considering all possible factors tht could influence the Data Center Cooling Market. The report covers future trends that are expected to drive the Data Center Cooling market growth.
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Data Center Cooling Market Report Scope and Research Methodology
The Data Center Cooling market data is sourced from both primary and secondary data considering all possible factors that could influence the market. The research is validated through primary research and evaluated to provide valuable insights. The market size for both top-level markets and sub-segments is adjusted for inflation, economic downturns, regulatory and policy changes, and other variables to ensure an accurate market forecast. To estimate the market size and forecasts, a bottom-up approach and multiple data triangulation methodologies are employed. The country-wise analysis of the overall Data Center Cooling market and sub-segment is based on the percentage adoption or utilization of the given market size in the respective region or country. The major players in the market are identified through secondary research based on indicators such as market revenue, price, services offered, advancements, mergers and acquisitions, and joint ventures. The competitive analysis of key players by price, financial position, growth strategies, and regional presence in the Data Center Cooling Market is also presented.
Data Center Cooling Market Dynamics
The expense of cooling in data centres accounts for a significant amount of the total energy usage. Due to this factor, data centre owners are eager to address this expense issue by using cost-effective cooling technologies. Using chiller-less data centres that rely on outside air for cooling, large data centres have been able to reduce their operational and capital cooling costs. Moreover, data centre cooling systems such as economizers take advantage of outdoor weather conditions to cool data centres, resulting in lower energy and cooling costs. These key factors are expected to drives the growth of the global data centre cooling market during the forecast period 2023-2029.
Meeting flexibility criteria remains the largest hurdle for many companies when it comes to data centre cooling systems. This specifically refers to issues with high-density rack cooling, as well as the uncertainties surrounding the quantity, timing, and location of high-density racks.
Data Center Cooling Market Regional Insights
The Data Center Cooling market has experienced various trends, which have impacted its growth and trajectory. This trends include the increasing popularity and product innovation and market expansion. The report provides a comprehensive overview of the current global spicy dairy products market, with a focus on major producing regions.The analysis of dynamics and the Data Center Cooling market size has been provided at regional and global levels.
Data Center Cooling Market 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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Data Center Cooling Market Key Players
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
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Key Question of Data Center Cooling Market
- What is Data Center Cooling ?
- What was the Data Center Cooling market size in 2022?
- What are the global trends in the Data Center Cooling Market?
- What are the major challenges that the Data Center Cooling Market could face in the future?
- How is the intervention from regulatory authority is shaping the Data Center Cooling Market?
- What growth strategies are the players considering to increase their presence in Automotive Relay Market?
- Who held the largest market share in the Data Center Cooling Market?
- Which regional Data Center Cooling market is expected to grow rapidly during the forecast period?
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Key Offerings:
- Market Overview
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Regional Insights
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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