Pune, India, March 15, 2021 (GLOBE NEWSWIRE) – Global data center cooling market size is expected to reach USD 11.97 billion by 2026. The expanding business space across the world will world explains a few open doors for organizations operating in this market. According to a report released by Fortune Business Insights, “Server Farm Cooling” has been cited as Market Size, Share and Business Analysis, By Product (Air Position, Precision Air Position, Chillers, Air Handling Unit, and others), by Data Center Type (Large Scale DC, Medium Scale DC, and Small Scale DC), With Cooling Technology (room-based cooling, rack-based cooling, and series-based cooling), by industry (BFSI , IT and telecommunications, manufacturing, sales, healthcare, and others) and Sector Estimate, 2019-2026, “the market size was USD 6.27 billion per 2018 and will show a CAGR of 8.5% over time the idea, 2019-2026.
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Data Center Cooling Market Landscape and market position including:
- Measure current market size
- Income with players of Major companies
- Market size by product segments
- Market size by region / country
Leading market driver –
- Growth in 5G technology, big data entry and IoT market
- Increasing application areas of digital service sites and social media platforms
Major market constraint –
- Need for permission from a concerned government authority for the use of modular data center systems and cybercrime poses a risk in handling company confidential data risks
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The following are some of the top companies listed in the data center cooling market:
- ABB Limited.
- Airedale air conditioning
- Asetek, Inc.
- Black Box Corporation
- Commscope
- Cormant, Inc.
- Device42, Inc.
- Emerson Electric Company
- FNT GmbH
- Nlyte
- Nortek Air Solutions, LLC
- Best Way Inc.
- Panduit
- Rackwise
- Schneider Electric
- Sunbird Software, Inc.
- Vertiv Group Corp.
Key Business Developments
- November 2021: Huawei Technologies Co., Ltd. introduced an advanced cloud modular data center in South Africa, which would be available by the end of 2021. Similarly, in January 2021, the company opened a new data center version that powered back and forth by an artificial intelligence (AI) chip. This advanced data center has been developed with the aim of increasing overall performance and reducing latency to near zero.
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North America to Evidence of Vegetative Growth; High investment in product development to aid growth
The report breaks down server farm cooling market patterns across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among these local areas, the North American market will most likely rise in the coming years. The growing interest in serving farms with large expansion groups based in the United States will help market development in this area. In addition to North America, the market in Asia Pacific will be witnessing an impressive development in the coming years, unstoppable from the presence of a few spatial organizations across this region.
Attendance farms are real organizational enterprises that store a huge amount of information for related organizations and associations. The growing IT sector offers tremendous potential for recent market development. The major interests in the development of existing frameworks, just as the accent has come with newer innovations, will have a direct impact on the development of the Data Center cooling market. The benefits of information cooling focus on encouraging wider material movement. They help maintain a strategic distance from information mishaps and thus limit financial mishaps. The expansion reception of service farms by driving groups around the world will directly affect the development of the market.
The report provides a top-down study of the server farm cooling market worldwide. It features the latest shows and late developments on the lookout and explains their impact on the development of the market. The actual scene has been thoroughly studied and predictions are made regarding driving groups and items in the coming years. Controversy assessors have been staying on the market for 2021-2027. The actual figures were obtained through reliance on sources. In addition, these expectations are made based on extensive survey analysis strategies, coupled with the assessments of expert statistical analysis experts.
An increase in the number of product shows will help grow
The report includes a number of factors that contributed to the growth of the market in recent years. Due to the huge potential of the Data Center cooling market, a number of companies are looking to enhance their existing workflows. In August 2021, Schneider Electric announced an expansion of their data center solutions package with the integration of enhanced and digital versions of essential resource functionality. These solutions are designed specifically for big data center operators. With benefits such as greater operational efficiency, lower risk, and higher uptime, and efficient IT design, the product is wet to see significant demand in the coming years.
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Contents
- Introduction
- Explanation, By cookie
- Research Methodology
- Sources
- Government Minutes
- Market dynamics
- Drivers, Barriers, and Opportunities
- Emerging trends
- Key views
- Economic Macro and Micro Signals
- Confirmed SWOT analysis of key players
- Five Force Analysis
- Global data market analysis, outlook and outlook, 2015-2026
- Main Findings / Summary
- Market size measurements and projections
- With Result (Value)
- Air conditioning
- Precise air conditioning
- Chillers
- Air Handling Unit
- Others (air economists, heat rejection and others)
- By Data Center Type (Value)
- Large scale DC
- Medium Scale DC
- Small DC Scale
- With Cooling Technology (Value)
- Room-based cooling
- Rack based cooling
- Series based cooling
- By industry (value)
- Banking, Financial Services, and Insurance
- IT and Telecom
- Manufacturing
- Reic
- Health care
- Others (Government & Defense, Energy, and others)
- By Geography (Value)
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
- With Result (Value)
TOC continues ….!
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