Global Data Center Power and Cooling Growth Opportunities

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Data center inverters and cooling systems are key components of the data center architecture, meeting critical power and cooling requirements for electronic equipment. The global growth of the Internet and mobile devices has led to an increase in the creation of data, and this data must be stored and processed quickly and in real time.

New York, November 26, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Global Data Center Power and Cooling Growth Opportunities” – https://www.reportlinker.com/p06186275/?utm_source=GNW

This has led to an increase in the construction of data centers of all sizes across the globe as businesses leverage the data revolution to spur the development of applications and services to create multiple revenue streams. also increase, as the latest technologies, such as cloud computing, 5G and the edge, have significantly increased the rate of power consumption.

Companies are launching unique new power solutions and advanced cooling systems to meet the needs of the modern data center. Diesel generators and Li-Ion batteries compete with UPS systems. Growing number of data centers and falling UPS prices will cause the data center UPS market to grow steadily through 2030. Businesses are expected to move to small and modular UPS systems as they move closer to their needs. energy from server and rack levels. . Combined with battery storage, future UPS systems are likely to see a lot of innovation as installers seek higher energy yields at lower costs. With the increase in processing power comes an increase in heat output by electronic equipment in data centers. This will lead to a high demand for efficient energy solutions and the use of excess heat for district heating, resulting in a high demand for liquid and immersion cooling solutions. As companies attempt to strike a balance between efficiency and cost, the market for data center cooling solutions is expected to experience strong growth (8.5% CAGR between 2020 and 2030). Advanced cooling solutions, such as liquid cooling, will experience massive growth as their solutions will see increasing innovation and new product development, primarily in North America. Traditional cooling methods will dominate the market for the foreseeable future with a market share of 41.1% by 2030, followed by advanced solutions with a share of 32.3%. Asia-Pacific and North America are expected to be the key regions for UPS and data center cooling solutions, with China and the United States leading the way in terms of investment. The growing number of data storage regulations will drive more localized and large-scale data center installations across the globe, helping the growth of the UPS and data center cooling markets. Competition is expected to be high as Asian participants compete for market share. The penetration of 5G will lead to the development of edge and modular data centers. Growing security concerns will lead to the development of hybrid cloud data centers, which will increase the need for modular data centers. This will drive demand for modular UPS systems and small and innovative cooling solutions. Market trends were analyzed from 2019 to 2030 (study period), with the base year 2020. The UPS market is expected to grow from $ 2.25 billion in 2020 to $ 4.34 billion in 2030 to a CAGR of 6.8%, while data center cooling revenue is expected to grow from $ 8.20 billion in 2020 to $ 18.50 billion in 2030 at a CAGR of 8.5%. Revenue declined in 2020 due to the COVID-19 pandemic; however, the recovery began in 2021. This study covers North America, Europe, Asia-Pacific (APAC) and the rest of the world (RoW). The study assesses the latest global trends and discusses the growth of the market up to 2030. Fierce competition is expected to arise from Japanese, Chinese and American participants who offer high quality products. Vertiv, Schneider, Eaton, Huawei, Stulz, Riello and Piller are some of the companies that were considered in this study.
Read the full report: https://www.reportlinker.com/p06186275/?utm_source=GNW

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