Global Data Center Cooling Market industry valued approximately USD 7.28 billion in 2016 is anticipated to grow with a healthy growth rate of more than 15.37% over the forecast period 2017-2025. The major factor propelling the growth is growing number of all kinds of enterprises viz. SMEs and large enterprises. Escalating numbers of developed computing technologies increase the power consumption which in turn calls for cooling systems consequently driving the market.
The up-surging amount of data including big data generation, video contents, streaming services, etc. has bolstered the requirements for data centers. There has also been observed a phenomenal increase in bandwidths from various Internet Service Providers (ISPs) globally. Moreover, with enhanced technology ISPs can provide better and higher speeds of internet. With the enormous amount of data usage, infrastructure will have to be increased which will lead to the need for a cooling system. The aforesaid factors are adding to the growth fuel of the demand in the market.
The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Solution Type:
> Air conditioning unit
> Chilling unit
> Cooling tower
> Economizer
> Liquid cooling system
> Others
Data Center Size:
> Small Data Centers
> Medium Data Centers
> Large Data Centers
Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World
Furthermore, the years considered for the study are as follows:
Historical year - 2015
Base year - 2016
Forecast period - 2017 to 2025
Some of the key manufacturers involved in the market are Nortek Air Solutions LLC, Asetek, Coolcentric, STULZ GmbH, Black Box Corp., AdaptiveCOOL, Schneider Electric and Vertiv Co. Acquisitions, and effective mergers are some of the strategies adopted by the key manufacturers. The companies are also trying to dominate the market by investing in research & development, new product launches, and focus on continuous technology innovations.
Target Audience of the Data Center Cooling Market Study
> Key Consulting Companies & Advisors
> Large, medium-sized, and small enterprises
> Venture capitalists
> Value-Added Resellers (VARs)
> Third-party knowledge providers
> Investment bankers
> Investors
