Data Center Cooling Market Trends 2020 | Industry Growth, Share, Size, Demand and Future Scope 2025

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As per the latest report by IMARC Group global data center cooling market is currently experiencing robust growth. Looking forward, IMARC Group expects the market to grow at a CAGR of around 15% during 2020-2025. Data centers are strategic blocks of organizations that assist in processing a large amount of data. These centers have computer systems and associated components like telecommunications and storage systems, which dissipate heat while processing the data. Consequently, there is a rise in the demand for cooling systems in data centers for preventing overheating. Data center cooling systems are utilized for monitoring, measuring and controlling data center resources, as well as energy consumption in servers, network switches, computer rooms and power distribution units. They are being increasingly adopted by data center operators across the globe, owing to their cost-effectiveness, energy efficiency and eco-friendly characteristic.

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The advancements in 4G LTE networks have increased the number of data centers, which, in turn, is positively influencing the demand for cooling systems around the world. In addition to this, the emergence of cloud-based services, big data, and the internet of things (IoT) are strengthening the market growth. The increasing utilization of image processing verification tools (IPVT), the boosting sales of smartphones and computers, and the growing user base of social media platforms are some of the other factors that are projected to fuel the market growth in the upcoming years.

Insights on Market Segmentation:

Breakup by Solution:

  • Air Conditioning
  • Chilling Units
  • Cooling Towers
  • Economizer Systems
  • Liquid Cooling Systems
  • Control Systems
  • Others

Breakup by Services:

  • Consulting
  • Installation and Deployment
  • Maintenance and Support

Breakup by Type of Cooling:

  • Room-Based Cooling
  • Row-Based Cooling
  • Rack-Based Cooling

Breakup by Cooling Technology:

  • Liquid-Based Cooling
  • Air-Based Cooling

Breakup by Type of Data Center:

  • Mid-Sized Data Centers
  • Enterprise Data Centers
  • Large Data Centers

Breakup by Vertical:

  • BFSI
  • IT and Telecom
  • Research and Education Institutions
  • Government and Defense
  • Retail
  • Energy
  • Healthcare
  • Others

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Breakup by Region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Airedale International Air Conditioning, Asetek, Black Box Corporation, Climaveneta Climate Technologies, Coolcentric, Emerson Electric, Fujitsu, Hitachi, Netmagic, Nortek Air Solutions, Rittal, Schneider Electric, STULZ GmbH, Vertiv, etc.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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