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Global Data Center Cooling Market: Leading Segments and their Growth Drivers 2020-2024

Data center cooling market the surging implementation of IT in several end-use sectors including banking, retail, and telecom is likely to fuel industry. Currently, data centers play a pivotal role in the functioning of several business enterprises, given that any failure in data center operations can have a rather negative impact on business growth.

In fact, data center heat removal is one of the essential back strategies to maintain data centers. The growing priority for precise cooling and heat rejection facilities in order to collect unwanted heat from data centers is slated to stimulate data center cooling industry share.

The ongoing innovations in cloud computing and data center platforms has also been favoring the growth of this business vertical. In addition, the emergence of IoT and artificial intelligence has also positively influenced the revenue potential of data center cooling market, pegged at USD 8 billion in 2016.

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The rise in electricity and cooling demand not only hampers the productivity of data centers but also increases the cooling costs. In this regard, several business enterprises are investing heavily in the development of efficient cooling and heat management facilities, which would considerably impact data center cooling industry trends.

For instance, well-known internet giants Facebook and Google have declared an investment plan of USD 700 million to construct data centers in Iowa across U.S, which would help impel the commercialization scope of the regional data center cooling market. Thus, the rising number of investments in data center infrastructure development by leading tech behemoths is likely to influence data center cooling market outlook positively over the years ahead.

Top Key Player Are:

  • Adaptivcool
  • Air conditioning ltd.
  • Airedale international
  • Asetek
  • Black box corporation
  • Coolcentric
  • Ebullient Inc.
  • Integrated eco technologies ltd
  • Liquid cool solutions inc.
  • Nortek air solutions LLC
  • Rittal GmbH & Co. Kg
  • Schneider electric se.
  • Stulz GmbH
  • Submer Technologies
  • Vertiv Co.
  • ABB
  • Amazon Web Services
  • CenturyLink
  • Equinix
  • IBM
  • Interxion
  • T-Systems SA

Traditionally, in order to construct a new data center, nearly 35% of overall expenditure should be invested on cooling equipment. In fact, the increasing usage of emerging technologies such as Internet of things (IoT) and AI are fueling the requirement of powerful and larger data centers.

The robust growth in digitalization across the globe and the increasing demand for big data and cloud computing are likely to have a tremendous influence on data center cooling market. More importantly, increased application development and the fierce competition may help generate lucrative opportunities for data center cooling industry players, thus favoring the growth of the overall business vertical.

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List of Charts & Figures from Data Center Cooling Market Report:

FIG 1    Industry segmentation

FIG 2    Data center cooling market, 2016 – 2026 (USD Million)

FIG 3    Industry ecosystem analysis

FIG 4    Growth potential analysis

FIG 5    Porter’s analysis

FIG 6    PESTEL analysis

FIG 7    Competitive analysis of prominent market players, 2019

FIG 8    Competitive analysis of other prominent market players, 2019

FIG 9    SWOT analysis, ABB Group

FIG 10    SWOT Analysis, Airedale Air Conditioning

FIG 11    SWOT Analysis, Alfa Laval AB

FIG 12    SWOT Analysis, Asetek A/S

FIG 13    SWOT Analysis, Black Box Corporation

FIG 14    SWOT Analysis, Coolcentric

FIG 15    SWOT Analysis, Degree Controls, Inc. (Adaptivcool)

FIG 16    SWOT Analysis, Ebullient, Inc.

FIG 17    SWOT Analysis, Evapco, Inc.

FIG 18    SWOT Analysis, GEA Group AG

FIG 19    SWOT Analysis, Green Revolution Cooling, Inc.

FIG 20    SWOT Analysis, Hamon Group

FIG 21    SWOT Analysis, Johnson Controls Inc.

FIG 22    SWOT Analysis, Liquid Cool Solutions, Inc.

FIG 23    SWOT Analysis, Nortek Air Solutions, LLC

FIG 24    SWOT Analysis, Rittal GmbH & Co. Kg

FIG 25    SWOT Analysis, Schneider Electric SE

FIG 26    SWOT Analysis, SPX Technologies, Inc. (SPX Corporation)

FIG 27    SWOT Analysis, Stulz GmbH

FIG 28    SWOT Analysis, Submer Technologies

FIG 29    SWOT Analysis, Vertiv Co.

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