Global Data Center Cooling Solutions Market Size Study, By Type, Application and Regional Forecasts 2027
Posted by Karthik Pilla on June 30th, 2022
Bharat Book Bureau Provides the Trending Market Research Report on “Global Data Center Cooling Solutions Market Outlook, 2027” under Services Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
Data centers are considered to be the essential entity to house the vital information of any company/organizations as well as in household applications. In addition to that, data centers offer the possibilities for scalability, security, state of the art technology and higher efficiency for critical data storage processes. In addition to that, enhanced performance & rising investments on data centers and increasing infrastructure are some of the driving factors for data centers across the globe. Data center temperature can vary depending upon the servers and type of cooling system but the temperature swing outside the design standards can have serious performance issues. To overcome or at least minimize this overheating threat, data centers are equipped with efficient and reliable cooling equipments that can maintain the temperature and humidity across the overall infrastructure.
Data center cooling solutions are used to maintain optimal operating conditions that are required for the smooth operation of a data center. Data center solutions refer to the products and services required to form and maintain a data center. Products include IT apparatus (servers, storage systems, routers, firewalls etc) with supporting infrastructure for physical data centers (cooling systems, generators, cabling and batteries etc). Implementing a tactical data center solution can avail scale cost, data security and services efficiencies into any enterprise. From the research, it has been estimated that data center cooling operation consume around 38% of the total power consumer by a data center.
According to the research report, “Global Data Center Cooling Solution Market Outlook, 2027” Data Center Cooling Solutions Market is projected to grow with 10.33% CAGR during the forecast period. The demand for data centers in telecommunication organizations and government agencies is increasing due to accelerated adoption of enhanced technologies such as cloud-based services and big data analytics. Globally, the developed countries as well as developing countries are witnessing higher amount of investments into data center construction by bossing the demands for modern technological cooling solutions. In global data center cooling market, solution component is expected to rise with more than 60% market share during the forecast period. Based on the geography, market is segmented into five regions including North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Among these regions, Asia-Pacific region is anticipated to grow with highest CAGR of more than 11% during the forecast period.
According to the report, global data center cooling solution market is segmented into various product types that include air conditioning, chilling units, cooling towers, economizer, liquid cooling and control systems. Among these types, air conditioning and liquid cooling type segments are expected to occupy highest market share during the forecast period. They are expected to acquire more than 50% of market share by 2027. Lower maintenance cost and enhanced performance are the driving forces for these segments. Total shipments for the air conditioning segment fluctuate every year that generally falls between 3.5 and 6 Million units according to the research. Currently, less than a third of global households are expected to own an air conditioner. In prominent countries like United States and Japan, more than 90% of household have air conditions.
Moreover, increasing demands for this segment is expected to boost the market growth for data center cooling solutions. On the other hand, liquid cooling segment is anticipated to rise with higher CAGR by 2027. Liquid cooling solution can conduct heat better than air and also it can handle data center’s increasing densities more effectively. These factors are directing towards the significant market growth for liquid cooling segments. Chilling units and cooling towers are also taking active participation to propel the market growth for data cooling solutions. Higher maintenance cost for these segments is expected to be a major challenge for developers and manufactures across the globe.
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About the AuthorKarthik Pilla
Joined: March 29th, 2019
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