Data Center Cooling Market Value Expected To Reach Around $ 11.97 Billion By 2026

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Leading companies in Data Center Cooling market are ABB Ltd., Airedale Air Conditioning, Asetek, Inc., Black Box Corporation, Commscope, Cormant, Inc., Device42, Inc., Emerson Electric Co., FNT GmbH, Nlyte, Nortek Air Solutions, LLC, Optimum path Inc., Panduit, Rackwise, Schneider Electric, Sunbird Software, Inc., Vertiv Group Corp. and others

Pune, India, October 05, 2021 (GLOBE NEWSWIRE) – The world data center cooling market the size should reach 11.97 billion USD by 2026. The increasing industrialization across the world will open some doors of development for organizations working in this market. According to a report distributed by Fortune Business Insights titled “Server Farm Cooling,” Market Size, Industry Share and Analysis, by Product (Air Conditioners, Precision Air Conditioners, Chillers, Air Handling Unit, and others ), by data center type (large scale DC, medium scale DC and small scale DC), by cooling technique (room cooling, rack cooling and row cooling), by industry (BFSI, IT and telecommunications , manufacturing, retail, healthcare and others) and Regional Forecast, 2019-2026, “the market size was $ 6.27 billion for each 2018 and will show a CAGR of 8.5% during the period guess, 2019-2026.

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List of Key Companies in Data Center Cooling Market:

  • ABB SA

  • Airedale air conditioning

  • Asetek, Inc.

  • Black box company

  • Commscope

  • Cormant, Inc.

  • Device42, Inc.

  • Emerson Electric Co.

  • FNT GmbH

  • Nlyte

  • Nortek Air Solutions, LLC

  • Chemin Optimum Inc.

  • Panduit

  • In rack

  • Schneider Electric

  • Sunbird Software, Inc.

  • Vertiv Corp Group

Scope and segmentation of the report

Cover of the report

Details

Forecast period

2019 to 2026

Forecast period 2019 to 2026 CAGR

8.5%

2026 value projection

11.97 billion

Year of reference

2018

Market size in 2018

6.27 billion

Historical data for

2015 to 2017

Number of pages

160

Covered segments

Product, type of data center, cooling technology, industry and geography

Growth drivers

5G technology growth, big data and IoT market penetration

Increase in application areas of digital service sites and social media platforms

North America will experience tremendous growth; High investments in product development to drive growth

Growing number of product launches will drive growth

The Data Center Cooling market landscape and market scenario include:

  • Estimate of current market size

  • Income per player Top Companies

  • Market size by product category

  • Market size by regions / countries

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Key Market engine

  • 5G technology growth, big data and IoT market penetration

  • Increase in application areas of digital service sites and social media platforms

Key market restriction

Regional perspectives

North America will experience tremendous growth; High investments in product development to drive growth

The report presents the advancing server farm cooling market trends in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Among these localities, the North American market will develop mainly in the years to come. The growing interest in server farms from large organizations located in the United States will help the market development in this area. Besides North America, the Asia-Pacific region market will experience impressive development in the coming years, which can be inferred from the presence of some large-scale organizations in this district.

Farms are real organizational drives that store huge amounts of information for organizations and associated associations. The ever growing IT field has given monstrous potential to the development of the market in recent times. The gigantic interest in improving existing frameworks, as well as the emphasis on adhering to more recent innovations, will directly affect the development of the data center cooling market. The benefits of cooling information hotbeds have prompted greater ownership of the articles. They make it possible to maintain a strategic distance from the misfortunes of information and therefore limit monetary misfortunes. The increasing reception of server farms by governing bodies across the world will directly affect the development of the market.

The report presents a top-to-bottom study of the Global Server Farm Cooling Market. It features the latest item shipments and late advancements on the lookout and indicates their effect on market development. The serious scene has been examined in detail and predictions are made regarding the driving organizations and elements in the years to come. The guesswork estimates have been taken into account in the market for the period 2021-2027. The authentic figures were obtained thanks to trusted sources. In addition, these expectations are established on the basis of general examination survey strategies, combined with assessments from experienced statistical survey experts.

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Growing number of product launches will drive growth

The report encompasses several factors which have contributed to the growth of the market in recent years. Due to the huge potential of the data center cooling market, several companies are looking to enhance their existing portfolios. In August 2021, Schneider Electric announced the expansion of its data center solutions portfolio with the integration of enhanced and digitized versions of critical facility operations. These solutions are specially designed for large data center operators. With benefits such as increased operational efficiency, reduced risk, maximum uptime, and efficient IT planning, the product is poised to meet huge demand in the years to come.

Key industry 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 switch that is powered and supported by a artificial intelligence (AI) chip. This advanced data center is developed with the goal of optimizing overall performance and reducing latency to near zero.

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Main Table of Contents:

COT Suite ….!

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