Global Data Center Cooling Market Expected To Observer Major Growth By 2026

Data centers constitute nearly 3% of the global Green House Gas (GHS) emissions. Increased demand for energy-efficient cooling systems to maintain the temperature of IT equipment is due to the stringent government regulations on data centers. These Data Center Cooling Systems acquire nearly 40% of the power consumption at data centers.

The five biggest global companies by market capitalization are Apple, Google, Amazon, Alphabet, Microsoft and Facebook. Although data centers or information factories might not spew out black smoke, they are not cut off from environmental impact. As demand for internet and mobile-phone traffic are increasing day by day, the information and data industry could lead to an explosion in energy consumption.

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Reportedly, data centers use an estimated 200-terawatt hours (TWh) each year and around 0.3% to overall carbon emissions, driving focus towards data center cooling solutions.  To reduce excessive power consumption, various companies are emphasizing on constructing green data centers that work on free cooling technology compared to traditional air conditioners. Also, a rising number of green data centers for processing and storing information, and effective use of the free-cooling technology will immensely help the IT industry to reduce energy cost and consumption.

 

According to a Global Market Insights, Inc., analysis report, global data center cooling market size will surpass US$25 billion by 2026. Soaring power consumption and growing need to enhance holistic efficiency of information hubs will positively influence the industry trends.

The rack/row-based cooling technique that reduces airflow path lengths and power requirement of CRAC fans, increased efficiency, and reduced utility costs will have a substantial market share in the data center cooling industry. The rising number of technology-driven techniques is expected to drive segmental growth in the coming years.

 

While the row-based design comprises one row of the racks that focuses on operating lower-power density applications and another runs high-density applications, the rack-based technique enables redundancy and cooling capacity to specifically target the certain requirements of a rack of servers, providing optimum cooling for the IT servers and systems.

 

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The growing need to develop infrastructure capacity and rising demand for the advanced IT facilities in the healthcare applications will generate a robust industry growth. There is also an escalating demand to modify data centers rapidly to cope with rising digitalization in industries and healthcare institutions. With a plan to construct a national healthcare data network and to launch first of the five data centers online, Guizhou Province in China inaugurated a healthcare data center in June 2018.

 

Leading companies in the global data center cooling market include STULZ GmbH, Vertiv Co., and Schneider Electric SE. These companies are focusing on increasing their market penetration across the globe through strategic acquisition, mergers, and collaborations. For example, Equinix, Inc. announced the launch of 12 new International Business Exchange (IBX) data centers by the end of 2019 and the expansion of its 23 existing IBX data centers in May 2019. The approximated cost of constructing these enormous data centers was projected to be US$2 billion. Similar projects over the years will outline data center cooling market forecast.

Browse key industry insights spread across 320 pages with 593 market data tables and 29 figures & charts from the report, Data Center Cooling Market in detail along with the table of contents:

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Report Content

Chapter 3.    Data Center Cooling Industry Insights

3.1.    Industry segmentation

3.2.    Industry landscape, 2016 – 2026

3.3.    Impact of coronavirus (COVID-19) pandemic

3.3.1.    Global outlook

3.3.2.    Regional outlook

3.3.2.1. North America

3.3.2.2.    Europe

3.3.2.3.    Asia Pacific

3.3.2.4.    South America

3.3.2.5.    MEA

3.3.3.    Industry value chain

3.3.3.1.    Component suppliers

3.3.3.2.    Manufacturers

3.3.3.3.    Marketing & distribution channel

3.3.4.    Competitive landscape

3.3.4.1.    Strategy

3.3.4.2.    Distribution network

3.3.4.3.    Business growth

3.4.    Industry ecosystem analysis

3.4.1.    Distribution channel analysis

3.4.2.    Vendor matrix

3.5.    Technological & innovation landscape

3.5.1.    Innovation in data center

3.5.2.    Green data center

3.5.3.    Impact of Artificial Intelligence (AI)

3.5.4.    Heat transfer fluids

3.6.    Regulatory landscape

3.6.1.    North America

3.6.2.    Europe

3.6.3.    Asia Pacific

3.6.4.    South America

3.6.5.    MEA

3.7.    End-use cases

3.7.1.    Automotive

3.7.2.    AI

3.7.3.    Cryptocurrency

3.7.4.    Gaming

3.8.    Industry impact forces

3.8.1.    Growth drivers

3.8.1.1.    Increase in the demand for energy efficient and cost-effective data centers in North America

3.8.1.2.    Adoption of intelligent control systems in data centers in Europe

3.8.1.3.    Rising number of data centers in Asia Pacific

3.8.1.4.    Adoption of liquid cooling solutions in colocation data centers in South America

3.8.1.5.    Rising number of edge data centers in MEA

3.8.2.    Industry pitfalls & challenges

3.8.2.1.    Underestimating or overestimating cooling requirements

3.8.2.2.    Need for specialized infrastructure

3.8.2.3.    Phantom leakage

3.9.    Growth potential analysis

3.10.    Porter’s analysis

3.11.    PESTEL analysis

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