DUBLIN, March 15, 2021 / PRNewswire / – The “Data Center Cooling Market with Solution (Air Condition, Cooling Unit, Cooling Tower, Economist System, Melt Cooling System, Control System & Others), Service, Cooling Type, Data Center Type, Business & Area – add the Global Forecast report to 2025 ” ResearchAndMarkets.com’s offering.
The data center cooling market is expected to grow 9,425 million USD in 2020 to 15,669 million USD by 2025, at a tight annual growth rate (CAGR) of 10.7% from 2020 to 2025.
The main reasons for the growth of data center cooling market include improving the efficiency of data centers, increasing cost of data centers, huge growth in the number of data centers and the density of power, increased demand for cost data center solutions -effective, and the importance of eco-friendly data solutions. These factors depend on the demand to drive the data center cooling market.
The services segment of data center cooling market is estimated to grow with the highest CAGR in global data center cooling market in the projected period of 2020 to 2025. The services related to data center cooling , such as consulting, installation & deployment, and maintenance & support, are expected to see a growing demand from customers.
Liquid cooling systems are estimated to see the highest growth in the data center cooling market, according to a solution segment during the forecast period
With a solution, the liquid cooling systems sector is expected to record the highest growth in the global data center cooling market, over the expected period. The high growth of liquid cooling systems solution sector is largely due to their advantages over air cooling systems. The melt cooling systems offer advantages such as cooling at a lower energy cost compared to air cooling systems along with lowering the noise levels that come from equipment like fans in the air cooling systems.
Maintenance & support is estimated to see the highest growth in the data center cooling market, by services sector during the forecast period
With services, the maintenance & support sector is estimated to grow with the highest CAGR in global data center cooling market, over the expected period. Factors such as the risk associated with data center failure support the maintenance of a constant blockage of the cooling infrastructure in data centers. Also, maintaining maintenance can help identify systems that are at risk of failure, prevent downtime and reduce maintenance costs, as well as increase product life.
ROW / Rack-based cooling is estimated to grow with the highest growth in the data center cooling market, depending on the type of cooling during the expected period.
Depending on the type of cooling, the series / rack-based cooling piece with the highest CAGR in the data center cooling market is estimated to grow over the expected period. The series / rack-based cooling helps reduce the length of airflow path in data centers. This in turn not only reduces the power required for cooling but also reduces waste, thus increasing cooling efficiency. These solutions are deployed in data centers of all sizes, where cooling is required for unstable and high-density servers.
A central data center is estimated to record the highest growth in the data center cooling market, by data center type category during the expected period
By data center type, the medium-sized data center segment with the highest CAGR in the global data center cooling market is expected to grow, over the expected period. Data center cooling solutions for medium-sized data centers provided by key players allow facility owners to start with low-density data centers and, later, scale up to high-density as required. This benefit, combined with the exponential growth in the number of organizations using data centers to store mission-critical data, is expected to drive the adoption of data center cooling solutions in data centers. medium sized in the future.
Government & Defense is expected to grow with the highest growth in data center cooling market, according to industry sector in the foreseeable future
According to industry, the government & defense sector is expected to grow with the highest CAGR in global data center cooling market, from 2020 to 2025. Factors such as, the focus on information digitization by governments around the world along with more investment from the defense sector to expand and strengthen the existing IT infrastructure, they are driving the demand for high-performance data centers that require high server density.
Asia Pacific Data center cooling market is expected to grow at the highest CAGR in the forecast period, in terms of value
Asia Pacific It is expected to be the fastest growing market for data center cooling during the forecast period. Factors such as The growing demand for data center cooling is largely driven by increasing public and private sector investments in projects serving sectors such as banking, telecom, and government. Also, factors such as the IT and digital commerce sectors are expected to drive more data traffic in the sector, which in turn drives the growth of the data center cooling market in the forecast period.
Data center cooling market report is under the control of players, such as Asetek (Denmark), STULZ GmbH (Germany), Coolcentric (US), AdaptivCOOL (US), Airedale International (UK), Rittal GmbH & Co. KG (Germany), Nortek Air Solutions, LLC (US), Schneider Electric SE (France), Vertiv Holdings Co. (US), Black Box Corporation (US), and Munters Group AB (Sweden).
Market dynamics
Drivers
- Improving Efficiency in Data Centers
- Rising spending on data centers
- Significant growth in the number of data centers and their power density
- Increasing demand for cost-effective data center solutions
- Growing importance of Eco-friendly Data Center solutions
Barriers
- High investment costs
- Special Infrastructure Requirement
Opportunities
- Emergence of smelting cooling technology
- Growing requirement for modular data center cooling method
- Innovative cooling technologies
Challenges
- Cooling challenges during power outages
- Reduce carbon emissions
For more information about this report, visit https://www.researchandmarkets.com/r/xhxofn
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