Global Data Center Cooling Market By Manufacturers, Types, Regions and Application and Forecast 2021 to 2030

In a recently published report, Global Data Center Cooling Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Global Data Center Cooling Market products.

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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.

In this era of increasing demand for data centers because of soaring rate of data production, the cooling solutions for these storage centers is becoming a necessity to prevent colossal data losses as well as interruption of flow which may lead to substantial competitive disadvantage in the merciless industry of data handling. Data centers are warehouses of data comprising servers and associated components like networking devices and hardware equipment which are used for remote storage, processing and distribution of large databases. Due to excessive liberation of heat via processors, there are high chances of damage to the systems resulting in data loss and interruption in flow of information. Thus, to ensure proper storage of data and maintenance of the same, data center cooling solutions come into the picture. Cooling systems assure that adequate temperature and pressure are maintained in the center space, following the prescribed limitations, thereby preventing damage to the systems under maintenance. Adequate data cooling systems are inevitably going to play a significant role in gaining an edge in the data management industry.

Market Dynamics
The primary driver for the cooling solutions market is increasing demand for data center which is required to manage rising structured and unstructured data. Furthermore, with an escalating requirement for infrastructure by government agencies and large companies to engage in significant data analysis and cloud computing for business purposes, the cooling solutions market is bound to grow in coming years. Another key driver is the need for environment-friendly, and cost-effective solutions for cooling of data centers as currently, extreme power is consumed by equipment and existing solutions for cooling of data centers, thereby, either reducing the efficiency or raising the cost of the entire system. Another significant factor to consider is a reduction in excessive heat generated by the components due to increasing data center power densities which leads to a valuable surge in the overall efficiency of the entire system. Currently, an exorbitant need for power by the cooling solutions is a significant deterrent to the growth of this market. Around 40% of all the supplied electricity is required by popular cooling solutions, thereby, reducing productivity.

Market Segmentation
The data center cooling solutions market can be segmented via a type of component into two broad categories; liquid and air coolants. The growth of liquid coolants is expected to rise in the coming future because of efficient cooling and minimization of total carbon footprint. Furthermore, segmentation can be done by cooling technique; rack/row cooling and room cooling. Rack/row cooling is expected to grow in comparison to its alternative because of capability to provide precise conditions nearby, targeted at banks with server cabinets. End-user can also be used as a basis for segmentation; Telecom and IT, healthcare, retail, energy, and government. IT is expected to grow the most because of the advent of high-performance computing, i.e., big data and cloud computing.

Geographical analysis
Out of North America, Europe, Middle East and Africa, Asia-pacific and Latin America, North America registered dominance because of the presence of giants like Facebook, Google, and Microsoft. Asia-Pacific region market is expected to grow at highest CAGR.

Key Players
Schneider Electric SE, Black Box, Nortek Air Solutions, Airedale International Air Conditioning Ltd, Coolcentric, AdaptivCOOL, Asetek form critical players of the data center cooling industry.

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Report ContentsRegional AnalysisReport Highlights
Market segments

Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Rest of Eastern Europe

Asia Pacific
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

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Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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Leonard Thomas is an energetic and versatile freelance writer for 5 years, he pen down any type of articles and web content. he is a Cambridge University Business English Certificate (Europe Level) holder . he is analytical, enthusiastic and ingenious, with the essence to work variously, strives to emerge as a lucrative individual who has a grasp on market. Congenial Interpersonal skills and the competence to grab every single trivia with foolproof analysis is something he primarily posses .

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