Data Centre Cooling Market Research Report

 Growth opportunities in the data centre cooling market look promising over the next six years. This is mainly due to the increasing importance of eco-friendly data centre solutions, the implementation of cloud technology, the Internet of Things (IoT), big data, and the rising demand for cost-effective data centre solutions.

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Data Centre Cooling Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

Key Drivers

The surging demand for cost-effective data centre solutions coupled with the rising importance of eco-friendly solutions are the major drivers contributing to the growth of the global data centre cooling market. The data centre owners are deploying effective and economical cooling solutions due to the high portion of total energy consumed by the cooling cost of these centres, thus augmenting the demand for advanced technology. Numerous data centres use outside climatic conditions to cool their centres, such as economizers, which reduces the cooling and energy cost. This module helps to save around 30-60 percent of their operational cost. Also, the application of big data, cloud technology, and the internet of things (IoT) has supported companies to invest in new centres to sustain the business's continuity.

The growing number of data centres is one of the major factors strengthening the market size. Digital Realty Trust, Inc., an organization that offers colocation, data centre, and other solutions. In 2018, declared to launch its third centre in Toronto, Canada, which will capture the rising demand of proceeding start-ups and large companies promoting digital transformation.  Also, the robust need for better mobility, operational security, bandwidth, and efficiency, will fuel the market growth. The switch towards digital transformation by using connected technology and IoT has raised the demand for these ecosystems to ensure fast accessibility, scalability, deployment, and security. This is further stimulating the development of highly cost-effective, software-defined, and highly agile innovative systems.

The widespread outbreak of COVID-19 has negatively impacted every sector, primarily the IT & telecom industry. This has reduced the spending of leading companies and service providers on infrastructure maintenance and development, thereby hindering the market share. However, the market is expected to recover by 2021 and grow at a higher rate. The construction cost of these data centre's is very high, amounting to approximately USD 1,000 per square foot to USD 40,000 per rack. Thus, the huge cost concerned with setting up and maintaining cooling solutions may obstruct the data centre cooling market size.

Services Segment Drivers

Based on the services, the installation & deployment segment is anticipated to expand at a faster CAGR during the forecast period due to its growing use by small and medium enterprises (SMEs) and large organizations for energy efficiency in a cost-effective manner. This service offers a one-stop shop for hassle-free employment at low downtime.

Data Centre Cooling Market’s leading Manufacturers:

  • Condair Group
  • Rittal GmbH & Co. KG
  • Degree Controls Inc.
  • STULZ GMBH
  • Black Box Corporation
  • Schneider Electric
  • AIREDALE INTERNATIONAL AIR CONDITIONING LTD.
  • Coolcentric
  • Asetek, Inc.
  • Vertiv Group Corp.

Data Centre Cooling Market Segmentation:

Segmentation by Solution:

  • Air Conditioning
  • Chilling Units
  • Cooling Towers
  • Economizer Systems
  • Liquid Cooling Systems
  • Control Systems
  • Others

Segmentation by Services:

  • Consulting
  • Installation & Deployment
  • Maintenance & Support
  • Segmentation by Type of Cooling:
  • Room-based cooling
  • Row/Rack-based cooling

Segmentation by Type of Cooling:

  • Room-based cooling
  • Row/Rack-based cooling

Segmentation by Data Centre Type:

  • Mid-Sized Data Centres
  • Enterprise Data Centres
  • Large Data Centres

Segmentation by Industry:

  • BFSI
  • IT & Telecom
  • Research & Academic
  • Government & Defense
  • Retail
  • Energy
  • Manufacturing
  • Healthcare
  • Others

Segmentation by Region:

  • North America
    • United States of America
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business insights and market research reports for large and small & medium enterprises. Our detailed reports help the clients to make strategic business policies and achieve sustainable growth in the particular market domain. The company's large team of seasoned analysts and industry experts with experience from different regions such as Asia-Pacific, Europe, North America, among others, provides a one-stop solution for the client. Our market research report has in-depth analysis, which includes refined forecasts, a bird's eye view of the competitive landscape, key factors influencing the market growth, and various other market insights to aid companies in making strategic decisions. Featured in the 'Top 20 Most Promising Market Research Consultants' list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping our clients to stay ahead of the curve.

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