The global data center cooling market is anticipated to grow at a significant CAGR during the forecast period. The major drivers of the global data centre cooling market are improved data centre efficiency, rising data centre spending, significant growth in the number of data centres and their power density, increasing demand for cost-effective data centre solutions, and the growing importance of eco-friendly data centre solutions, all of which act as growth drivers for the data centre cooling market.
The expense of cooling in data centres accounts for a significant amount of the total energy usage. As a result, data centre owners are eager to address this expense issue by using cost-effective cooling technologies. Using chiller-less data centres that rely on outside air for cooling, large data centres have been able to reduce their operational and capital cooling costs. Furthermore, data centre cooling systems such as economizers take advantage of outdoor weather conditions to cool data centres, resulting in lower energy and cooling costs. During the forecast, this is likely to increase the need for data centre cooling.
Data centre facility cooling modules are becoming increasingly popular in data centres with limited space and finances. Simpler planning, higher dependability, agility, faster deployment, and improved overall efficiency are all advantages of data centre facility cooling modules. Data centre cooling suppliers are likely to develop and implement data centre cooling modules in the future as a result of these advantages.
Market Coverage
o By Components
o By Solution
o By Services
Key questions addressed by the report
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
Global Data Center Cooling Market by Segments
By Components
• Solution
• Services
By Solutions
• Air Conditioning
• Chilling Units
• Cooling Towers
• Economizer Systems
• Liquid Cooling Systems
By Service
• Consulting
• Installation & Deployment
• Maintenance & Support
By End-user Industry:
• Banking, Financial Services, and Insurance (BFSI)
• Consumer goods and retail
• Telecommunications and ITES
• Healthcare
• Energy
• Government
Global Data Center Cooling Market by Region
North America
Europe
Asia-Pacific
Rest of the World