June 23, 2022
According to the recent research report titled ‘Global Data Center Cooling Market 2022-2028’ available with MarketStudyReport, global data center cooling market is anticipated to be valued at USD 17,346 million by 2028, recording a CAGR of 11.4% during the study timeframe.
Growing population, increasing demand for wireless devices and networks, and widespread adoption of advanced technologies are the major factors driving the growth of the global gas data center cooling market.
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For the uninitiated, a data center cooling technology keeps the environment acceptable for the operation of information technology equipment (ITE). The heat generated by the ITE must be removed and transferred to a heat sink to achieve this goal. A business's ability to manage heat and airflow within a data center can be disastrous, thus contributing towards the popularity of data center cooling solutions across the globe.
The report offers in-depth analysis and insights into global data center cooling market, highlighting the most recent trends and drivers in this business space. It provides a unique perspective on market size, share, and volume as well as the competitive landscape, and the several market segments. The influence of the COVID-19 pandemic on this business space is also examined in this document.
Global data center cooling industry is segmented based on component type, structure type, cooling technique, end-user reach, and regional analysis. By component type, this market space is divided into services and solutions.
The market, by cooling techniques, is split into liquid-based cooling techniques and air-based cooling techniques. The liquid-based cooling techniques segment is further split into direct-to-chip cooling, water-based cooling, and liquid immersion cooling.
Based on structure type, the market is segregated into rack-based cooling, room cooling, and row-based cooling. On the basis of end-user spectrum, this business space is divided into BFSI, IT & telecom, manufacturing, media & entertainment, government & defense, retail, healthcare, energy, and others.
The regional landscape of this marketplace involves Asia Pacific, North America, Europe, and the Rest of the World.
The top players in global data center cooling market are Vertiv Holdings Co., Asetek A/S, Airedale International Air Conditioning Ltd., Daikin Industries Ltd., Carrier Global Corporation, Fujitsu Limited, Johnson Controls International plc (York), Hitachi Ltd., Mitsubishi Group, Nortek Holdings Inc., Munters AB, Rittal GmbH & Co. KG, STULZ GmbH, Schneider Electric SE, and Trane Technologies Inc., among others.