Market Insights and Analysis: Global Data Center Cooling Market Overview and Projections (2024-2030)
The Global Data Center Cooling Market size was valued at USD 12.35 billion in 2023 and is estimated to grow at a CAGR of around 13.8% during the forecast period, i.e., 2024-30. The upward trajectory of the data center cooling industry is driven by a surge in the creation and consumption of data worldwide.
Top leading companies in the Global Data Center Cooling Market includes:
Modine, STULZ Gmbh, Vertiv Group Corp., Fujitsu, Black Box, Green Revolution Cooling Inc., Submer, Asperitas, Iceotope Technologies Limited, Dug Technology, DCX Liquid Cooling Systems, Rittal Gmbh & Co. Kg,, Schneider Electric, Asetek, Inc., Nortek Air Solutions, Llc, Others,.
Global Data Center Cooling Market Challenge:
High Investment Costs of Data Center Cooling Infrastructures Impeding the Market Growth – The installation & maintenance of power and cooling infrastructures in data centers require a significant capital investment. Nowadays, these expenses are escalating to the same level as those associated with IT equipment within data centers. Also, due to the high cost involved, many organizations find it challenging to set up efficient cooling solutions for their data center operations, thereby hindering the growth potential of this sector.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Solution
-Air Conditioning- Market Size & Forecast 2019-2030, (USD Million)
-Chilling Units- Market Size & Forecast 2019-2030, (USD Million)
-Cooling Towers- Market Size & Forecast 2019-2030, (USD Million)
-Economizer Systems- Market Size & Forecast 2019-2030, (USD Million)
-Liquid Cooling Systems- Market Size & Forecast 2019-2030, (USD Million)
-Control Systems- Market Size & Forecast 2019-2030, (USD Million)
-Others (Air Handling, Heat Rejection, etc.)- Market Size & Forecast 2019-2030, (USD Million)
By Service
-Consulting- Market Size & Forecast 2019-2030, (USD Million)
-Installation & Deployment- Market Size & Forecast 2019-2030, (USD Million)
-Maintenance & Support- Market Size & Forecast 2019-2030, (USD Million)
By Type of Data Center
-Mid-sized Data Centers- Market Size & Forecast 2019-2030, (USD Million)
-Enterprise Data Centers- Market Size & Forecast 2019-2030, (USD Million)
-Large Data Centers- Market Size & Forecast 2019-2030, (USD Million)
By Type of Cooling
-Room-based Cooling- Market Size & Forecast 2019-2030, (USD Million)
-Row/Rack Cooling- Market Size & Forecast 2019-2030, (USD Million)
By Verticals
-BFSI- Market Size & Forecast 2019-2030, (USD Million)
-IT & Telecom- Market Size & Forecast 2019-2030, (USD Million)
-Retail- Market Size & Forecast 2019-2030, (USD Million)
-Healthcare- Market Size & Forecast 2019-2030, (USD Million)
-Research & Educational Institutes- Market Size & Forecast 2019-2030, (USD Million)
-Energy- Market Size & Forecast 2019-2030, (USD Million)
-Government & Defense- Market Size & Forecast 2019-2030, (USD Million)
-Others- Market Size & Forecast 2019-2030, (USD Million).
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Global Data Center Cooling Market Geographic Reach:
The Geographic Reach of the Global Data Center Cooling Market evaluates the spread and significance of Global Data Center Cooling market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
· North America: US, Canada, Mexico
· Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
· Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
· South America: Brazil, Argentina, Rest of South America
· Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA.
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