Installation & Deployment Segment Sevices to attribute Noticeable to the Data Center Cooling Market Growth| MarketsandMarkets™
Data Center Cooling is an important factor in the performance and reliability of a data center. It is the process of controlling the temperature, humidity, and air circulation inside the data center. It helps maintain the optimal working conditions for servers and other IT equipment, ensuring their efficient operation and longevity. Data Center Cooling is essential for ensuring that the data center environment is safe and comfortable for all personnel.
Data Center Cooling is in high demand as the number of data centers and the amount of data they contain increases. The need for efficient cooling systems is especially important in large data centers, where heat generated from servers and other equipment can become overwhelming. Data Center Cooling systems help maintain the temperature and humidity levels at an optimal level, allowing for the efficient operation of IT equipment. Additionally, cooling solutions help to reduce the risk of system failure due to overheating. The "Data Center Cooling Market by Solution (Air Conditioning, Chilling Unit, Cooling Tower, Economizer System, Liquid Cooling System, Control System & Others)", the global Data Center Cooling market is expected to increase from USD 9.4 billion in 2020 to USD 15.7 billion by 2025, in a CAGR of 10.7%.
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According to estimates, the solution sector will rule the global market for data center cooling.
According to estimates, the global market for data center cooling will be dominated by the solution segment. Due to their affordability and effective performance, carbon-reduced liquid cooling solutions and energy-efficient data center air cooling solutions are becoming more and more popular across all industries.
The air conditioning segment is anticipated to dominate the data center cooling market by the solution from 2020 to 2025.
During the anticipated period, the air conditioning segment is anticipated to dominate the worldwide data center cooling market by solution. Low installation costs and simple maintenance are two reasons why the air conditioning market is so dominant. These air conditioners are frequently used in data center buildings with reasonable cooling needs. They offer precise air conditioning and keep the machinery at the right temperature for operation.
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the installation & deployment segment is anticipated to rule the data center cooling market during the forecast period.
During the forecast period, the installation and deployment services segment is anticipated to rule the worldwide data center cooling market. Small and medium-sized businesses (SMEs) and large companies can both employ installation & implementation services to help them deploy cost-effective, energy-efficient data center cooling. They also serve as a one-stop shop for deployments with less trouble and downtime. Organizations all throughout the world are using these services more frequently.
In terms of cooling type, the room-based sector is anticipated to experience strong CAGR growth in the global data center cooling market between 2020 and 2025.
In terms of cooling type, the room-based cooling market is anticipated to expand rapidly over the course of the forecast period. Room-based cooling, which aims to lower the rising temperature in data centers and server rooms, consists of cooling units operating simultaneously to address the heat load of the entire room. The problems caused by the lack of space in data centers are resolved by these cooling units.
During the forecast period, the large data center segment is anticipated to rule the worldwide data center cooling market by data center type.
During the forecast period, the large data center segment is anticipated to rule the worldwide data center cooling market by data center type. Large data centers have a footprint of at least 25,000 square feet. The demand for cooling solutions that can remove more heat produced in high-density data centers while using less energy is driving the growth of the data center cooling market for large data centers.
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The IT & telecom industry is anticipated to rule the global data center cooling market During the forecast period.
During the forecast period, the IT & telecom segment is anticipated to rule the global data center cooling market. In order to meet the rising computational demands, the IT and telecom industries are increasingly implementing cutting-edge technologies. The market for efficient cooling solutions for data centers has growth opportunities due to the segment's increasing energy requirements.
North America is anticipated to dominate the global market for data center cooling During the projected period
During the forecast period, North America is expected to lead data center cooling. The data center cooling market in North America is expected to be driven by factors such as the presence of major corporations in the region, including Facebook, Google, Amazon, Microsoft, and Twitter, as well as increasing pressure from federal authorities to install energy-efficient solutions for data centers.
The Asia Pacific data center cooling market is expected to grow at the highest CAGR during the forecast period, owing to the increasing deployment of edge computing and rising investments in 5G technology. This region is expected to witness significant growth in the data center market, as the region is home to many cloud services providers, such as Alibaba Cloud, Tencent Cloud, and Microsoft Azure, which are investing heavily in data center infrastructure. Additionally, the presence of various hyper scale data centers in the region is expected to drive the demand for data center cooling solutions. Furthermore, the rising number of colocation data centers, especially in countries such as India and China, is expected to fuel the growth of the data center cooling market in this region.
Key players in data center cooling market are Asetek (Denmark), STULZ GmbH (Germany), Coolcentric (US), AdaptivCOOL (US), Airedale International (UK), Rittal GmbH & Co. KG (Germany), Nortek Air Solutions, LLC (US), Schneider Electric SE (France), Vertiv Holdings Co. (US), Black Box Corporation (US), and Munters Group AB (Sweden) and other.
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