Data Center Cooling Systems Market - Forecast(2021 - 2026)
Global Data Center Cooling Systems Market size is forecast to reach $11.30 billion by 2025, estimated to grow at a CAGR of 6.29% during 2020-2025. The increasing adoption of various cooling strategies such as free cooling, air containment and closed loop cooling in order to manage equipment temperature are boosting the data center cooling system market. In addition, the growing demand for room-level cooling for utilizing down-flow computer-room air conditioners (CRACs) are tremendously driving the data center cooling system market size during the forecast period 2020-2025.
Report Coverage
The report: “Data Center Cooling Systems Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Data Center Cooling Systems Market.
By Cooling Strategies: Free Cooling (Air-Side Economization, Water-side Economization), Air Containment (Code-Aisle Containment and Hot-Aisle Containment), Closed Loop Cooling
By End-use Types: Data Center Type (Tier 1, Tier 2, Tier 3 and Tier 4)
By Industry Verticals: Telecommunication (Outdoor Cabin, Mobile network computer rooms and Railway switchgear), Oil and Gas/Energy/Utilities, Healthcare, IT/ITES/Cloud Service Providers, Colocation, Content & Content Delivery Network, Education, Banking and Financial Services, Government, Food & Beverages, Manufacturing/Mining, Retail and others.
Challenges – Data Center Cooling Systems Market
Inefficient Power Performance
Data centers requires huge amount of power to run effectively, and the presence of inefficient power performance becomes a critical issue for data center to run smoothly. The lack of effective power performance leads to slow or shut down of the cooling systems that further results in the closing of data center in order to avoid any damage to the equipment. This shut down of the data center also results in affecting the business operation causing financial risk to the business. Therefore, these key factor highly leads to hamper the growth of the data center cooling system market.
Report Coverage
The report: “Data Center Cooling Systems Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Data Center Cooling Systems Market.
By Cooling Strategies: Free Cooling (Air-Side Economization, Water-side Economization), Air Containment (Code-Aisle Containment and Hot-Aisle Containment), Closed Loop Cooling
By End-use Types: Data Center Type (Tier 1, Tier 2, Tier 3 and Tier 4)
By Industry Verticals: Telecommunication (Outdoor Cabin, Mobile network computer rooms and Railway switchgear), Oil and Gas/Energy/Utilities, Healthcare, IT/ITES/Cloud Service Providers, Colocation, Content & Content Delivery Network, Education, Banking and Financial Services, Government, Food & Beverages, Manufacturing/Mining, Retail and others.
Request SampleBy Cooling Technique: Rack/Row Based and Room Based
By Service: Installation/Deployment Services, Maintenance Services and Monitoring Software (DCIM and Remote Climate Monitoring Services)
By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina, Ecuador, Peru, Colombia, Costa Rica and others), Europe(Germany, UK, France, Italy, Spain, Russia, Netherlands, Denmark and Others), APAC (China, Japan India, South Korea, Australia, Taiwan, Malaysia and Others), and RoW (Middle east and Africa)
Key Takeaways
In 2019, the Data Center Cooling System market was dominated by North American region owing to the adoption of environmental-friendly solutions in the data centers.
The integration of artificial intelligence (AI) based algorithms in order to predict the energy usage by the equipment in the data centers negatively and positively are further accelerating the market growth. .
With the growing demand for environmental-friendly solutions in order to reduce carbon footprints from the data centers are leading to fuel the demand for data center cooling systems market.
The rising inefficient power performance leading to the shut-down of the cooling systems in data centers and further leading to financial risk to businesses. This factor is thus hampering the growth of the market.
By Service: Installation/Deployment Services, Maintenance Services and Monitoring Software (DCIM and Remote Climate Monitoring Services)
By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina, Ecuador, Peru, Colombia, Costa Rica and others), Europe(Germany, UK, France, Italy, Spain, Russia, Netherlands, Denmark and Others), APAC (China, Japan India, South Korea, Australia, Taiwan, Malaysia and Others), and RoW (Middle east and Africa)
Key Takeaways
In 2019, the Data Center Cooling System market was dominated by North American region owing to the adoption of environmental-friendly solutions in the data centers.
The integration of artificial intelligence (AI) based algorithms in order to predict the energy usage by the equipment in the data centers negatively and positively are further accelerating the market growth. .
With the growing demand for environmental-friendly solutions in order to reduce carbon footprints from the data centers are leading to fuel the demand for data center cooling systems market.
The rising inefficient power performance leading to the shut-down of the cooling systems in data centers and further leading to financial risk to businesses. This factor is thus hampering the growth of the market.
Industry Vertical - Segment Analysis
Telecommunication segment held the largest market share in the Data Center Cooling System market in 2019. The demand for effective data centers is growing tremendously which is leading to the telecommunication sector to keep their facilities operational. This is also leading to reliability, energy consumption and maintenance. The need for efficiently managing thermal loads in the telecom facilities and electronic enclosures are enhancing the data cooling systems market. In addition, the rising usage of data center cooling systems allows telecom customers to install more communication equipment.
Geography - Segment Analysis
In 2019, North America dominated the Data Center Cooling System market with a share of more than 38.33%, followed by Europe and APAC. The adoption of data center cooling technologies such as calibrated vectored cooling, chilled water system and among others by mid-to-large-sized organizations in the US are driving the market growth in this region. Additionally, the US-based data centers and companies are majorly focusing on the need for cost-effective and environmental friendly solutions which results in the demand for efficient data center cooling systems. Furthermore, the presence of increasing number of data centers in the US are further propelling the growth of data center cooling system market in this region.
Telecommunication segment held the largest market share in the Data Center Cooling System market in 2019. The demand for effective data centers is growing tremendously which is leading to the telecommunication sector to keep their facilities operational. This is also leading to reliability, energy consumption and maintenance. The need for efficiently managing thermal loads in the telecom facilities and electronic enclosures are enhancing the data cooling systems market. In addition, the rising usage of data center cooling systems allows telecom customers to install more communication equipment.
Geography - Segment Analysis
In 2019, North America dominated the Data Center Cooling System market with a share of more than 38.33%, followed by Europe and APAC. The adoption of data center cooling technologies such as calibrated vectored cooling, chilled water system and among others by mid-to-large-sized organizations in the US are driving the market growth in this region. Additionally, the US-based data centers and companies are majorly focusing on the need for cost-effective and environmental friendly solutions which results in the demand for efficient data center cooling systems. Furthermore, the presence of increasing number of data centers in the US are further propelling the growth of data center cooling system market in this region.
Schedule a CallDrivers – Data Center Cooling System Market
Rising need for Environmental-Friendly Solutions
The growing demand for money-saving and eco-friendly solutions for the reduction of energy consumed in IT and telecom industry are enhancing the demand for data center cooling systems. The development of data center with ultra-low-carbon footprint by key player such as Schneider Electric is further embracing the growth of the market. Therefore, the demand for reducing carbon footprint of data centers are further escalating the need for environmental friendly solutions which will thereby drive the data center cooling system market.
Integration of Artificial Intelligence in the Cooling Systems
The deployment of advanced technology has highly enhanced various facilities and systems such as data center cooling systems. This deployment has led to the integration of artificial intelligence (AI) for data center cooling that gathers data by using sensors in every five minutes. The AI-based algorithms has become the major factor which is predicting the different combinations in a data center negatively and positively which affects the use of energy. As, companies are looking for ideal solutions in order to maintain temperatures in their data centers which is further embracing the AI, and thus surging the growth for the market.
Rising need for Environmental-Friendly Solutions
The growing demand for money-saving and eco-friendly solutions for the reduction of energy consumed in IT and telecom industry are enhancing the demand for data center cooling systems. The development of data center with ultra-low-carbon footprint by key player such as Schneider Electric is further embracing the growth of the market. Therefore, the demand for reducing carbon footprint of data centers are further escalating the need for environmental friendly solutions which will thereby drive the data center cooling system market.
Integration of Artificial Intelligence in the Cooling Systems
The deployment of advanced technology has highly enhanced various facilities and systems such as data center cooling systems. This deployment has led to the integration of artificial intelligence (AI) for data center cooling that gathers data by using sensors in every five minutes. The AI-based algorithms has become the major factor which is predicting the different combinations in a data center negatively and positively which affects the use of energy. As, companies are looking for ideal solutions in order to maintain temperatures in their data centers which is further embracing the AI, and thus surging the growth for the market.
Challenges – Data Center Cooling Systems Market
Inefficient Power Performance
Data centers requires huge amount of power to run effectively, and the presence of inefficient power performance becomes a critical issue for data center to run smoothly. The lack of effective power performance leads to slow or shut down of the cooling systems that further results in the closing of data center in order to avoid any damage to the equipment. This shut down of the data center also results in affecting the business operation causing financial risk to the business. Therefore, these key factor highly leads to hamper the growth of the data center cooling system market.
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