Data Center Cooling Market Expand at a CAGR of 13.5% with $20.7 Billion By 2025 | Grand View Research Inc.

Grand View Research Logo

San Francisco, United States, 2019-Oct-01 — /EPR Network/ —

 

The global data center cooling market size is expected to reach USD 20.7 billion by 2025 expanding at a CAGR of 13.5%, according to a study conducted by Grand View Research, Inc. Rising number of data centers, increasing usage of cloud computing, and increased demand for eco-friendly cooling technologies are some of the key factors that are expected to boost the market growth.

Emergence of cloud computing coupled with initiatives by government organizations to promote the adoption of cloud technology and enable prominent vendors to introduce technological advancements is driving the market growth. For example, the government of UAE introduced various projects including Smart Dubai and Smart Abu Dhabi, which were aimed at bringing about digital transformation and economic growth in the country. Such initiatives are expected to drive the market in UAE.

Data center cooling accounts for over 30% of the total energy consumption. In the current scenario, companies are moving toward sustainable cooling, which can save up to 80% or more on energy costs for cooling. For instance, Apple’s North Carolina data center facility operates completely on sustainable, eco-friendly power sources as data center cooling is achieved through the free-air cooling technique, allowing the chillers to be off 75% of the time.

Additionally, there is a rise in pressure from the local and federal government agencies, environmentalists, and the general public for organizations to implement green initiatives. Therefore, high demand for eco-friendly and cost-effective cooling solutions is expected to propel the market growth. However, high installation and maintenance costs, electricity consumption, and carbon emissions are some of the challenges affecting the industry growth.

To request a sample copy or view summary of this report, click the link below: 
https://www.grandviewresearch.com/industry-analysis/data-center-cooling-market

Asia Pacific data center cooling market

Further key findings from the study suggest:

  • Telecom segment accounted for over 20.0% of the total market share in 2018 owing to increased penetration of 4G services and development of 5G infrastructure that has data-intensive networks
  • Furthermore, growing number of telecom subscribers using smartphones and tablets is anticipated to boost the demand for data centers, thereby propelling the market growth
  • Middle East region is expected to witness substantial growth owing to rising need for enhanced cooling techniques
  • Several IT companies, including Google Inc., Oracle Corporation, and Alibaba, have announced their plans to build data centers in the Middle East
  • Europe is also anticipated to witness a significant growth owing to cold weather conditions in Nordic countries
  • The raised floor with containment segment is expected to register the fastest CAGR 6% from 2019 to 2025
  • Major companies in the market are Schneider Electric, Rittal GmbH & Co. KG, Hitachi, Ltd., Fujitsu Limited, and Vertiv Co. Most of these industry participants focus on introducing different techniques to enhance their market presence

Related Reports on Communications Infrastructure:

Grand View Research has segmented the global data center cooling market on the basis of product, application, containment, structure, and region:

Data Center Cooling Product Outlook (Revenue, USD Million, 2014 – 2025)

  • Air Conditioners
  • Precision Air Conditioners
  • Chillers
  • Air Handling Units
  • Others

Data Center Cooling Application Outlook (Revenue, USD Million, 2014 – 2025)

  • Telecom
  • IT
  • Retail
  • Healthcare
  • BFSI
  • Energy
  • Others

Data Center Cooling Containment Outlook (Revenue, USD Million, 2014 – 2025)

  • Raised Floor with Containment
    • Hot Aisle Containment (HAC)
    • Cold Aisle Containment (CAC)
  • Raised Floor without Containment

Data Center Cooling Structure Outlook (Revenue, USD Million, 2014 – 2025)

  • Rack-based Cooling
  • Row-based Cooling
  • Room-based Cooling

Data Center Cooling Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Nordic Countries
    • Eastern Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South East Asia
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa

For Press Release of This Research Report by Grand View Research:

https://www.grandviewresearch.com/industry-analysis/data-center-cooling-market

 

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

For More Info: www.grandviewresearch.com

Matched content

Editor’s pick

Do NOT follow this link or you will be banned from the site!