Global Data Center Cooling Market is accounted for $9.40 billion in 2020 and is expected to reach $24.64 billion by 2028 growing at a CAGR of 12.8% during the forecast period. Some of the key factors propelling the market growth include growing significance of eco-friendly data center solutions, emergence of green data centers, increasing usage of 4G/LTE has increases the construction of data center, and growing construction of hyperscale data centers.
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On the basis of geography, Asia Pacific is expected to have considerable market growth during the forecast period, owing to increased ownership of smartphones and IoT based consumer electronics in the region, rising public and private sector investments in projects catering to sectors such as banking, telecom, and government, rising demand for wearable devices, and growing IT and digital commerce sectors.
Some of the key players in Data Center Cooling Market include Schneider Electric SE, IBM Corporation, Dell Technologies Inc., Fujitsu Limited, Emerson Electric, Vertiv Group Corp., Cisco System, Inc., Hitachi, Ltd., Black Box Corporation, STULZ GMBH, 3M, Asetek A/S, Intel Corporation, Rittal GmbH & Co. KG, Nortek Air Solutions, LLC, Hewlett Packard Enterprise, Eaton, Mitsubishi Electric Corporation, Daikin Industries, Ltd., and Johnson Controls International plc.
Components Covered in Data Center Cooling Market
• Services
• Solution
Data Center Types Covered:
• Enterprise Data Centers
• Colocation Data Centers
• Hyperscale Data Centers
• Wholesale Data Centers
• Edge Data Centers
Cooling Types Covered:
• Rack-Based Cooling
• Room-Based Cooling
• Row-Based Cooling
• Door-Based Cooling
• Overhead-Based Cooling
• In-Row Cooling
• Built-in Heat Exchanger
• Rear Door Cooling
Cooling Techniques Covered:
• Air-Based Cooling
• Liquid-Based Cooling
Containments Covered:
• Raised Floor without Containment
• Raised Floor with Containment
Organization Sizes Covered:
• Large Enterprises
• Small & Medium Enterprises (SMEs)
Tier Standards Covered:
• Tier I & Tier II
• Tier III
• Tier IV
Applications Covered:
• Colocation Services Provider
• Cloud Service Providers
• Central/Local Government
End Users Covered:
• Research and Education Institutions
• Retail
• Manufacturing
• Information Technology (IT) & Telecom
• Government & Defense
• Energy
• Healthcare
• Banking, Financial Services, and Insurance (BFSI)
• Other End Users
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