Growing demand for efficient and cost-effective data centers, green initiatives for eco-friendly data center solutions, and significant growth in data center and power density drive the growth of the global data center cooling market. However, need of specialized infrastructure and high investment cost and cooling challenges during power outage restrain the market.
Download Free sample report at: https://www.alliedmarketresearch.com/request-sample/128
Moreover, advent of liquid-based cooling and portable cooling technology and growing need for modular data center cooling approach are anticipated to present lucrative opportunities for the market players in the near future.
Based on component, the solution segmented dominated the market in 2019, accounting for more than two-fifths of the global data center cooling market. The increase in adoption of data center cooling as it offers, energy-efficient, environment-friendly, and cost-effective cooling solutions drive the segment growth.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/128
In addition, stringent environmental safety rules imposed by various governments further augment the growth of this segment. However, the services segment is projected to showcase the fastest CAGR of 14.6% during the forecast period. Data centers are required to be maintained by trained professionals to keep efficiency intact.
Moreover, the rapid growth in data centers, service providers for services such as installation & deployment, support & maintenance, and consulting for data center cooling further drive the growth of the segment.
The market across North America held the largest share in 2019, with nearly half of the global data center cooling market, and would lead the trail by 2027. North America is the world’s biggest hub for software companies and offers data storage facilities worldwide.
Access the full summary at: https://www.alliedmarketresearch.com/data-center-cooling-market
Therefore, with growth in number of data centers, the requirement for cooling systems is also expected to increase to maintain HVAC level of data centers and support data center operations. However, the market across the Asia-Pacific region is projected to register the fastest CAGR of 16.9% during the forecast period.
China & India has tremendous potential for growth in the data center cooling market, due to rapid industrialization. Furthermore, an increase in the number of data centers boosts the data center cooling market in this region.
Based on type of cooling, the room-based cooling segment held the largest share in 2019, contributing nearly half of the global data center cooling market, owing to less capital cost as requirement of number of piping and cooling units are less.
If you have any special requirements, please let us know: https://www.alliedmarketresearch.com/request-for-customization/128
However, the rack-based cooling segment is projected to register the fastest CAGR of 15.4% through 2027, owing to extreme density capability of rack-based cooling. In addition, rack-based cooling reduces airflow path length of CRAH fan resulting in increased operational efficiency along with energy efficiency.
Key Market Players in the industry-
- Hitachi, Ltd.
- Nortek Air Solutions
- Rittal GmbH & Co. KG
- STULZ GmbH
- Schneider Electric
- Vertiv Co.
- Asetek
- Airedale International Air Conditioning
- Black Box Corporation
- Fujitsu Limited
Buy This Research Report at: https://www.alliedmarketresearch.com/checkout-final/caea3177cdaa3a5cdb45607f4fe4861e
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, Europe, or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter