Executive Summery
This report presents a detailed overview of the Data Center Cooling Market, highlighting key insights into its market size, share, and growth during the forecast period, i.e., 2024-30. It explores emerging trends, competitive dynamics, and the core drivers reshaping the industry. Backed by solid data and expert analysis, the study offers segment-wise insights and reliable forecasts to guide strategic decisions. With comprehensive market analysis and forward-looking perspectives, this report serves as a practical tool for stakeholders navigating change. Whether you're an investor, policymaker, or business leader, this research helps you stay ahead in the fast-evolving Data Center Cooling industry landscape.
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Data Center Cooling Market Statistics and Key Highlights
The Global Data Center Cooling Market size was valued at USD 12.35 billion in 2023 and is estimated to grow at a CAGR of around 13.8% during the forecast period, i.e., 2024-30.
- Data Center Cooling market shows steady growth
- Market size expanding due to rising industry demand
- Competitive landscape driven by tech and innovation
- Detailed segment-wise and geography wise share analysis
- Forecast reveals strong trends shaping future outlook
Key Player- Emerging Data Center Cooling Companies
· STULZ Gmbh
· Vertiv Group Corp.
· Modine
· Fujitsu
· Black Box
· Green Revolution Cooling Inc.
· Iceotope Technologies Limited
· Dug Technology
· Asperitas
· Submer
· DCX Liquid Cooling Systems
· Rittal Gmbh & Co. Kg
· Schneider Electric
· Asetek, Inc.
· Nortek Air Solutions, Llc.
· Others
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Key Driver:
Rising Numbers of Data Center Deployments Boosting the Market Expansion – There has been a notable surge in the number of data center deployments owing to the increasing demand for additional storage to store large volumes of data that have been generated regularly. Also, due to the proliferation of data centers, there has been a surge in energy usage and subsequent heat production. For instance:
- According to the International Energy Agency, in 2023, Data centers accounted for up to 1.5% of global electricity consumption and are responsible for 1% of energy-related greenhouse gas emissions.
As the Data Center Cooling Market evolves, energy inefficiencies arising from traditional cooling systems are becoming a significant concern. With data centers consuming vast amounts of energy, there's a growing demand for innovative, low-power cooling solutions to maintain optimal temperatures for IT equipment. This pressing need is driving the development of efficient cooling technologies within the industry.
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Data Center Cooling Market Segmentation
By Solution
o Air Conditioning- Market Size & Forecast 2019-2030, (USD Million)
o Chilling Units- Market Size & Forecast 2019-2030, (USD Million)
o Cooling Towers- Market Size & Forecast 2019-2030, (USD Million)
o Economizer Systems- Market Size & Forecast 2019-2030, (USD Million)
o Liquid Cooling Systems- Market Size & Forecast 2019-2030, (USD Million)
o Control Systems- Market Size & Forecast 2019-2030, (USD Million)
o Others (Air Handling, Heat Rejection, etc.)- Market Size & Forecast 2019-2030, (USD Million)
By Service
o Consulting- Market Size & Forecast 2019-2030, (USD Million)
o Installation & Deployment- Market Size & Forecast 2019-2030, (USD Million)
o Maintenance & Support- Market Size & Forecast 2019-2030, (USD Million)
By Type of Data Center
o Mid-sized Data Centers- Market Size & Forecast 2019-2030, (USD Million)
o Enterprise Data Centers- Market Size & Forecast 2019-2030, (USD Million)
o Large Data Centers- Market Size & Forecast 2019-2030, (USD Million)
By Type of Cooling
o Room-based Cooling- Market Size & Forecast 2019-2030, (USD Million)
o Row/Rack Cooling- Market Size & Forecast 2019-2030, (USD Million)
By Verticals
o BFSI- Market Size & Forecast 2019-2030, (USD Million)
o IT & Telecom- Market Size & Forecast 2019-2030, (USD Million)
o Retail- Market Size & Forecast 2019-2030, (USD Million)
o Healthcare- Market Size & Forecast 2019-2030, (USD Million)
o Research & Educational Institutes- Market Size & Forecast 2019-2030, (USD Million)
o Energy- Market Size & Forecast 2019-2030, (USD Million)
o Government & Defense- Market Size & Forecast 2019-2030, (USD Million)
o Others- Market Size & Forecast 2019-2030, (USD Million)
By Region
o North America
o South America
o Europe
o The Middle East & Africa
o Asia-Pacific
The largest share in the Data Center Cooling Market is held by Asia-Pacific, which exhibits clear dominance.
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- Understand geographical trends across diverse markets for better expansion strategies.
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