The Global Data Center Cooling Market to Reach Revenues of Over $6 Billion by 2024- Market Research Report by Arizton

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Sep 10, 2019, 11:00 ET

CHICAGO, Sept. 10, 2019 /PRNewswire/ -- According to Arizton's recent research report Data Center Cooling Market – Global Outlook and Forecast 2019-2024, the global data center cooling market is expected to reach revenues of $6 billion by 2024, growing at a CAGR ofover 4% during the forecast period.

Key Highlights Offered in the Report:

In 2018, around 60 hyperscale data center projects were either opened or under construction worldwide providing a major boost to the market growth.
A majority of the data center development in the US and Europe is leveraging free cooling systems.
Mega data center projects are identifying difficult-to-get approvals in the use of water to cool down facilities. This is prompting operators and vendors to collaborate and develop systems that can save up water consumption in data centers.
Vendors such as Asetek, CoolIT Systems, and Green Revolution Cooling are showcasingan increased interest for liquid immersion and direct-to-chip cooling solutions through OEM partners.
The use of indirect evaporative cooling technique in Latin America and Australia increased in 2018.

Key Offerings:

Market Size & Forecast by Revenue| 2018−2024
Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
Market Segmentation –A detailed analysis by cooling infrastructure, cooling systems, cooling technique, and geography.
Competitive Landscape – Profile of 6 key vendors and 21 other prominent vendors

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Data Center Cooling Market– Segmentation

The research report includes detailed market segmentation by cooling infrastructure, cooling systems, cooling technique, and geography
The market for data center cooling systems is expected to reach $5 billion in 2024
Water-based cooling techniques will continue to dominate the market during the forecast period as the adoption of free cooling chillers,which provide high efficiency at a reduced cost is growing
The market for economizers and evaporative coolers is expected to grow at a CAGR of 5% during 2018−2024. Several data centers developed in North America, Western Europe, Eastern Europe, and Nordic are likely to benefitfrom free cooling techniques; hence the adoption of indirect evaporative cooling systems is likely to grow in the next few years

Market Segmentation by Infrastructure

Cooling Infrastructure
Other Infrastructure

Market Segmentation by Cooling Technique

Air-based Cooling Technique
Liquid-based Technique

Market Segmentation by Cooling Systems

CRAC and CRAH
Chiller Units
Cooling Tower and Dry Coolers
Other Cooling Units

Market Segmentation by Geography

North America
Europe
Middle East and Africa (MEA)
Latin America
APAC

Data Center Cooling Market –Dynamics

The development of mega data centers is likely to increase the demand for wholesale colocation services during the forecast period 2019-2024. Facebook, Google, Apple, Microsoft, Switch, CyrusOne, and AWS are the major investors in the mega data centers.In 2018, Apple and Google announced their plan to invest $10 billion and $13 billion, respectively, in data center projects across the US in the next five years.

Key Drivers and Trends fueling Market Growth:

Increase in Construction of Hyperscale Data Centers
Increased Modular Data Center Deployment
Introduction of District Heating by Data Centers
Increased Adoption of Automation and Monitoring Solutions
Innovations in Cooling Infrastructure

Data Center Cooling Market –Geography

Equinix, Interxion, Digital Realty, ST Telemedia (VIRTUS), Zenium (CyrusOne), and Digital Realty are the leading data center operators in Western Europe. Vendors are procuring evaporative/adiabatic coolers and free-cooling chillers to cool their facilities due to the availability of over 6,000 hours per year of free-cooling. The adoption of energy-efficient infrastructure to reduce carbon emissions is likely to emerge as the major trend in the Western European data center market during the forecast period.

Request your free sample today! https://www.arizton.com/market-reports/data-center-cooling-market-report-2024

Market Segmentation by Geography

North America

US
Canada

Latin America

Brazil
Colombia

Europe

Western Europe

UK
Germany
France
Netherlands
Others

Nordic

Sweden
Denmark
Finland & Iceland
Norway

Central & Eastern Europe

Russia & Czech Republic
Poland & Austria
Other Countries

Middle East

GCC
Other Countries

Africa

South Africa
Kenya
Nigeria
Others

APAC

China & Hong Kong
Southeast Asia

Singapore
Malaysia
Thailand
Indonesia
Others

Australia & New Zealand
India
Rest of APAC

Major Vendors

Airedale Air Conditioning
Rittal
Schneider Electric
STULZ
Vertiv

Other Prominent Vendors include 3M, AIRSYS, Alfa Laval, Allied Control, Asetek, ClimateWorx International, Climaveneta, Condair Group, Coolcentric (Wakefield-Vette), CoolIT Systems, Daikin Applied, Data Aire, Delta Group, Emicon, Green Revolution Cooling, KyotoCooling, Motivair Corp., Munters, Nortek Air Solutions, Nortek Humidity, Pentair, Qcooling, Renovoair Zhuhai Co., Swegon, Trane, United Technologies (CARRIER), Vigilent, and Wakefield-Vette.

Explore our Data Center Knowledge Base to know more about the industry.

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About Arizton:

Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

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SOURCE Arizton Advisory & Intelligence