Data Center Cooling Market Size Growth Rate by Type, Application, Sales Estimates 2029
Data Center Cooling Market Overview
Maximize Market Research’s new report on Data Center Cooling Market 2022-2029, is useful for understanding the market’s competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The research provides a market overview that explains the value chain structure, geographical analysis, applications, market size, and forecast (2022-2029). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Data Center Cooling market.
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Data Center Cooling Market Scope
The report focuses on the major key drivers and restraints for key companies, as well as the current competitive benchmarking and development prospects. The report provides current Data Center Cooling market trends and future insights in terms of demand chain, supply chain, and sales, as well as recent changes in the market. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, Gross Margin & Sales by Product are all included in the Data Center Cooling market research report. For the competitive analysis, the report includes the profile of the key market players in the Data Center Cooling market including company overview, financial performance, product portfolio, and strategies. SWOT and PESTLE analysis were used for the research that combines quantitative and qualitative research methods.
The size of the data centre cooling market was estimated at US$ 10.42 billion in 2021, and from that year to 2029, total revenue is projected to increase at a CAGR of 10.9%, or roughly US$ 23.84 billion.
The market is divided into categories for liquid cooling systems, control systems, economizer systems, air conditioning, chilling units, cooling towers, and others based on the solution. Over the projection period of 2022-2029, the liquid cooling systems solution segment is anticipated to expand quickly at a CAGR of xx%. Increased software utilisation is to blame for this. The reason for their rapid increase is largely due to the advantages liquid cooling systems have over air cooling systems. Liquid cooling systems provide advantages over air cooling systems, such as decreased noise levels from machinery like fans in air cooling systems. These factors are anticipated to drive the liquid cooling system solutions segment of the global data centre cooling market between 2022 and 2029.
The market is divided into Consultation, Installation & Deployment, and Maintenance & Support based on the services offered. By 2029, the installation and deployment services segment is anticipated to have a market share of xx%. The installation and implementation services can be used by both small and large businesses (SMEs) to deploy cost-effective energy-efficient data centre cooling. Also, they act as a one-stop shop for simple deployments with little downtime. Organizations all throughout the world are using these services more frequently.
The BFSI, IT & Telecom, Research & Academic, Government & Defense, Retail, Energy, Manufacturing, Healthcare, and Others market segments are based on industry. Over the projected period of 2022-2029, the Research & Academic industry segment is anticipated to expand significantly at a CAGR of xx%. Traditional data centres are being replaced by cutting-edge data centres that operate with great energy efficiency due to factors including the demand for HPC devices like supercomputers, which are characterised by high-compute density in the research & academic business. CRAH, cold-door cooling, aisle, and rack cooling units are just a few of the cutting-edge cooling technologies that research and academic institutions are starting to use. These reasons have increased the need for data centre cooling solutions in the academic and research sectors.
• Alfa Laval
• Allied Control
• Climaveneta (Mitsubishi Electric)
• Condair Group
• Coolcentric (Wakefield-Vette)
• CoolIT Systems
• Daikin Applied
• Data Aire
• Delta Group
• Green Revolution Cooling
• Nortek Air
• Renovo Zhuhai
The global Data Center Cooling Market’s growth trend is examined in depth throughout the report. It divides the major 5 regions, such as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa, which have global dominance in the Data Center Cooling market.
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Key Questions answered in the Data Center Cooling Market Report are:
- What is Data Center Cooling Market?
- What is the forecast period of the Data Center Cooling Market?
- What is the competitive scenario of the Data Center Cooling market?
- Which region held the largest market share in the Data Center Cooling Market?
- What are the opportunities for the Data Center Cooling Market?
- What are the restraining factors in the Data Center Cooling market?
- Who are the key players of the Data Center Cooling market?
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Data Center Cooling market
- Landscape- Leading key players and other prominent key players.
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