Data Center Cooling Solutions Market by Application, Technique, and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR43430
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The data center cooling solutions market size has the potential to grow by USD 10.91 billion during 2021-2025, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by application (air conditioning, economizers, cooling towers, chillers, and other), technique (air-based cooling and liquid-based cooling), and geography (North America, APAC, Europe, MEA, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Airedale Air Conditioning Ltd., Black Box Corp., Daikin Industries Ltd., Data Aire Inc., Fuji Electric Co. Ltd., Huawei Investment & Holding Co. Ltd., Mitsubishi Electric Corp., Nortek Inc., Rittal GmbH & Co. KG, Schneider Electric SE, and Vertiv Group Corp.

Market Overview

Data-Center-Cooling-Solutions-Market-Market-Size-2020-2025

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Market Competitive Analysis

The data center cooling solutions market is fragmented. Airedale Air Conditioning Ltd., Black Box Corp., and Daikin Industries Ltd. are some of the major market participants. Factors such as increased demand for data centers, need to reduce OPEX, and growing use of free cooling technique will offer immense growth opportunities. However, environmental concerns, increasing water consumption by data centers, and lack of technical expertise may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this data center cooling solutions market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this data center cooling solutions market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Airedale Air Conditioning Ltd.
  • Black Box Corp.
  • Daikin Industries Ltd.
  • Data Aire Inc.
  • Fuji Electric Co. Ltd.
  • Huawei Investment & Holding Co. Ltd.
  • Mitsubishi Electric Corp.
  • Nortek Inc.
  • Rittal GmbH & Co. KG
  • Schneider Electric SE
  • Vertiv Group Corp.

 

Data Center Cooling Solutions Market: Segmentation by Geography

Data-Center-Cooling-Solutions-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period. The greater use of high-performance computing (HPC), growing traction toward immersion cooling solutions, and increase in design of containment cooling solutions will significantly influence data center cooling solutions market growth in this region.

37% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for data center cooling solutions in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the data center cooling solutions market size.

Data Center Cooling Solutions Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive data center cooling solutions market growth during the next five years
  • Precise estimation of the data center cooling solutions market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the data center cooling solutions industry across North America, APAC, Europe, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of data center cooling solutions market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The data center cooling solutions market growth will increase by $4.55 billion during 2019-2024.
The data center cooling solutions market is expected to grow at a CAGR of 8.26% during 2019-2024.
Technavio has segmented the data center cooling solutions market by technique (Air-based cooling and Liquid-based cooling) and geographic (APAC, North America, Europe, South America, and MEA).
Airedale Air Conditioning Ltd., Black Box Corp., Daikin Industries Ltd., Data Aire Inc., Fuji Electric Co. Ltd., Huawei Investment & Holding Co. Ltd., Mitsubishi Electric Corp., Rittal GmbH & Co. KG, Schneider Electric SE, Vertiv Group Corp. are a few of the key vendors in the data center cooling solutions market.
APAC will register the highest growth rate of 38.68% among the other regions. Therefore, the data center cooling solutions market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the data center cooling solutions market growth are:
  • Increased demand for data centers
  • Greater use of high-performance computing (HPC)
The data center cooling solutions market vendors should focus on grabbing business opportunities from the air-based cooling segment as it accounted for the largest market share in the base year.
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