Maharashtra, India -- (SBWIRE) -- 02/21/2019 -- Data Center Rack Market
Summary
A data center rack is a type of physical steel and electronic framework that is designed to house servers, networking devices, cables and other data center computing equipment. This physical structure provides equipment placement and orchestration within a data center facility.
In 2018, the global Data Center Rack market size was 2110 million US$ and it is expected to reach 3140 million US$ by the end of 2025, with a CAGR of 5.1% during 2019-2025.
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Technological Advancements
The main driver of the global data rack industry is the construction of new data centers. In 2016, the global data rack industry was valued at 2.0 billion USD (Revenue from manufacturer). By 2023, the world is expected to reach 2.8 billion USD (Revenue from manufacturer). From the manufacturer's point of view, the global data rack ex-prices is about 300-650 USD / Unit. Emerson Electric, Eaton, Schneider Electric, HPE and Dell are top manufacturers. Emerson Electric is the world's largest manufacturer. In 2016, Emerson's shipments were 702.1 K Units. Emerson holds 16% of the global market share.
In the past few years, global sales prices have risen slowly Due to the replacement of the product. The United States is the world's largest consumer area. In 2016, the United States accounted for 41% of the global consumer market share. Europe and China are the second and third largest consumer regions.
In the past few years, despite the US and European markets have a certain growth, slow decline has emerged. The development of new data centers in the United States is weak. At the same time, Google and Microsoft and other leading companies have begun to build data centers in the world. In the future, BRIC countries have a very market demand. Thus, developing countries are the main drivers of the market.
Enclosures continue to dominate the market, accounting for 81 percent of units shipped in 2016. Rack Enclosures have a more obvious advantage. In the future, Rack Enclosures market will continue to rise. QYR team interviewed dozens of industry experts and consumers. These people think that Rack Enclosures have a better performance.
The key players covered in this study
Emerson Electric, Eaton, Schneider Electric, HPE, Dell, IBM, Oracle Corp, Rittal Corp, Cisco, Chatsworth Products, Tripp Lite, Black Box Corporation, Belden, Fujitsu, Dataracks, AMCO Enclosures
Market segment by Type, the product can be split into
Open Frame Racks
Rack Enclosures
Wall-mount Racks
Market segment by Application, split into
Networking Data Center Rack Application
Servers Data Center Rack Application
Others
Key Regions for this market: North America, Europe, APAC, Latin America, and the Middle East & Africa.
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Key Benefits:
1.The research report provides a detailed analysis of the Data Center Rack Market along with the current and future growth prospects so as to shed light on the prominent investment pockets.
2.Information regarding key growth factors, constraints, and opportunities, along with their impact analysis on the Data Center Rack Market is provided.
3.Porter's fives forces analysis elaborates the effectiveness of buyers and suppliers operating in the market, globally and regionally.
4.The qualitative and quantitative analysis of the market from 2019 to 2025 is provided to put forth the market potential.
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Overall, this Data Center Rack market research report depicts thorough overview of the market, which, in turn, will help the industry participants, consultants, equipment manufacturers, as well as the existing key players searching for potential growth opportunities and the stakeholders to align their market-centric strategies in view of the on-going and projected trends in the coming years.
Key questions answered in the report include:
What will the market size and the growth rate by the end of the forecast period?
What are the key industry trends impacting the growth of the market?
What are the key factors driving and restraining the Data Center Rack market?
What are the challenges to market growth?
What are the market opportunities and threats faced by the key players in the market?
Who are the leading competitors functioning in the market for Data Center Rack?
What are the key outcomes of Porter's five forces analysis of the Data Center Rack market?
Conclusion:
The report concludes with the profiles of major players in the Data Center Rack Market. The foremost market performers are accessed on the basis of various parameters such as company overview, product portfolio, and do on., as well as the latest development trends of the Market.
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