Market Study Report LLC recently introduced new title on “2017-2024 Global Data Center Cooling Market Report” that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2024.

Selbyville, DE -- (SBWire) -- 12/13/2018 --The increasing need to offer systems with high efficiency which do not need high energy consumption will drive the data center cooling market in the next seven years. The green data centers are gaining traction in the industry due to the need for energy efficient cooling systems as they utilize renewable sources of energy. There is an inclination towards the adoption of containerized data centers and construction of modular data centers have increased to deliver high efficiency. They also help in reducing the energy consumption and carbon emission levels, thereby fueling the data center cooling market demand. These data centers are anticipated to witness growth in the enterprises because of their effectiveness, and their ability to adapt to variations in humidity and temperatures.

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Increase in the power consumption levels and the need to enhance the overall efficiency is expected to fuel the data center cooling market demand over the forecast timeline. Data centers necessitate a cool environment to eliminate the recirculation of heat, as the excessive heat generated from the equipment can cause interrupted flow of information, data loss or may even damage the systems. Implementation of hot and cold aisles, installation of blanking panels and usage of close-coupled cooling are among the factors to improve the overall efficiency and provide energy efficient solutions. Global data center cooling market is set to exceed USD 20 billion by 2024; according to a new research report.

Concerns related to the high cost of these equipment and the maintenance required by them might hamper the data center cooling market growth. Factors such as emission of harmful gases and rising heat energy densities will also negatively impact the growth. In addition, the reluctance of service providers in the less tech savvy regions such as Asia Pacific to implement advanced technologies is predicted to pose a challenge to the data center cooling market growth.

Increasing adoption for liquid cooling systems due to the ability to consume less energy will fuel the data center cooling market. The rising number of racks installed in the facilities and the increasing rack power density has enabled many operators to opt for liquid cooling systems. The maintenance and support services will grow at the highest rate due to the need to execute and manage the infrastructure to ensure reliable and scalable infrastructure. The service also helps in the management of servers, virtualization hypervisors and also look after the on premise hybrid data center infrastructures.

The rack/row based technique is predicted to witness a high growth over the forecast timeline in the data center cooling market owing to the need to provide precise cooling as the airpaths are smaller. It also helps in ensuring cooling capacity and redundancy to be targeted to actual needs of specific rows. Rack/row-based technique provides advantages such as high speed, flexibility, and density with less cost. In addition, the electricity costs for a row-based are generally lower than the room-based practice as the CRAH components are closelyd and coupled with the load.

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The colocation application segment is expected to grow at a significant rate in the data center cooling market as it offers more flexibility and so that it is easy to scale up the IT environment and align the business at the same time. It also helps the service providers in focusing on their core competencies and focus less on the management of the data centers. In addition, it offers cost effectiveness as it reduces the total cost of ownership of the equipment.

The data center cooling market in Asia Pacific is expected to witness significant growth owing to the flourishing financial sector in developing economies such as India. The rising requirement for cost effective and energy efficient solutions to minimize the energy consumption levels will have a positive impact on the industry in the region. Furthermore, the demand for cloud data centers will also augment the demand in the region.

Some of the players in the data center cooling market include Black Box Corporation, Schneider Electric Se, Airedale International Air Conditioning Ltd, Stulz GmbH, Rittal GmbH & Co. KG, Vertiv Co., Asetek, and Coolcentric. The major industry players are investing in R&D to integrate advanced technologies. Moreover, they are entering into long-term partnerships with the enterprises for the installation of modern systems such as liquid immersion in the data centers.

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Data Center Cooling Industry Insights

Chapter 4. Data Center Cooling Market, By Component

Chapter 5. Data Center Cooling Market, By Cooling Technique

Chapter 6. Data Center Cooling Market, By Application

Chapter 7. Data Center Cooling Market, By Region

Chapter 8. Data Center Cooling Market, Company Profiles

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Related Reports: -

2018 Global Data Center Cooling System Industry Report - History, Present and Future
The global market size of Data Center Cooling System is $XX million in 2017 with XX CAGR from 2013 to 2017, and it is expected to reach $XX million by the end of 2023 with a CAGR of XX% from 2018 to 2023.

https://www.marketstudyreport.com/reports/2018-global-data-center-cooling-system-industry-report-history-present-and-future/?utm_source=RR-SP

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