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Data Center Cooling Market Is Expected to Grow at a CAGR of 10.70% During the Forecast Period, 2019–2026

 

New York, NY -- (SBWIRE) -- 05/16/2019 -- The latest research report on Data Center Cooling Market

The global data center cooling market was valued at USD 9.59 billion in 2017 and is expected to grow at a CAGR of 10.70% during the forecast period, 2019–2026.

Global Data Center Cooling Market Report (Industry Analysis, Applications, Growth, Trends) and Future Forecast (2016-2026) is the latest report published by Straits Research which is committed to delivering details of the Data Center Cooling industry.

Straits Research offers a high level of accuracy, an in-depth valuation, and systematic research methodology to the reader that helped to collect the info from direct as well as indirect sources. Forecasting patterns were considered across the various regions where the Data Center Cooling industry is growing steadily. The report has taken a deep dive into the market and has extracted the data from secondary and primary sources.

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Growing computing capabilities in data centers have led to increased power consumption and heat generation. Cooling is a crucial aspect in maintaining optimal performance of data centers and preventing electronic components from heating. The U.S. Department of Energy estimated that data centers in the U.S. consumed about 70 billion kWh electricity in 2017, accounting for about 1.8% of the total electricity consumption in the U.S.

Some of the major companies operating in the global data center cooling market include Schneider Electric Se., Black Box Corporation, Nortek Air Solutions, LLC, Airedale International Air Conditioning Ltd, Rittal GmbH & Co. Kg, Stulz GmbH, Vertiv Co., Asetek, Adaptivcool, and Coolcentric.

The Data Center Cooling Market is segmented into different sections such as by type, by application, by end users, and by regions. The report about the Data Center Cooling industry covered the markets by analyzing the top players participating in the market. To make this report an exceptional one, several parameters are models are used which include SWOT analysis, Porters five force model, and pestle analysis.

Development in technology and innovations have created an educated workforce which ultimately witnessed in increasing per capita income and this particular factor has positively impacted on the growth of the Data Center Cooling market since the past few years.

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By Component: 
1) solution:-   Chilling Unit,   Air Conditioner,   Cooling Tower,   Control System,   Economizer,   Liquid Cooling system,   Others, 
2) Service:-   Installation and Deployment,   Maintenance and Support,   Consulting,

By Technique, Rack/Row, Room,

By Application, IT and Telecom, BFSI, Retail, Energy and Utility, Colocation, Healthcare, Others

The competitive landscape:

The competitive landscape of the Data Center Cooling market is a highly crucial section of the report that creates a firm portrait of the market's key players and their rivalries. A reader can evaluate their position in the market by using this scale of reference, while extensively planning their future movements to counter the movements of the other players in the same areas. This segment provides updated details on companies profiles, business strategies, financial statistics, growth rate and the future scenario for the key leading players in the market, along with the ones that indicate the most positive growth rates.

Why purchase this report?

Historical inferences, findings & analysis of the Data Center Cooling market from 2016 to 2018
Projections and performance forecast analysis for the future from 2019 to 2026
Production and consumption point of view (POV) analysis
Data Center Cooling Market drivers, restraint and opportunity analysis, to define Data Center Cooling market dynamics covering industry, regulatory, innovation, technological & pricing trends
Comprehensive competitive landscape mapping with recent development covering market leadership, competency, sustainability, and prospects
In the end, this report discusses the key drivers influencing the market growth, opportunities, challenges and the risks faced by key players and the Data Center Cooling market as a whole. Additionally, It analyzes the emerging trends and their impact on present and future market statistics and development.

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