Data Center Cooling Market To Reflect Impressive Growth Rate 2024

Cooling in data center environment refers to the technologies and equipment deployed in data centers to avoid heating in order to enhance the performance and reduce downtime caused due to overheating. Cooling technologies are rapidly proving to be a critical element in the efficient functioning of data centers. In the recent years, the amount of data consumed has grown exponentially across the globe leading to the proliferation of traditional and cloud based data centers. As the need for higher data processing and information storage capacity and capability has increased, enterprises are expanding their existing data center infrastructure as well as deploying new data centers. Further, there has been increased focus on enhancing the efficiency of data centers which has lead to growth in demand for data center cooling. The increase in capacity and processing requires higher energy consumption which in turn leads to higher heat generation.
Excessive heating can damage the data center infrastructure which in turn may disrupt the entire functioning of any organization due to data loss or discontinuation of information flow. This has created the need for highly efficient data center cooling technologies and the demand for cooling technologies is anticipated to continue to find increasing growth over the coming years. The key requirements from a highly efficient data center cooling system can be listed as high availability, scalability and adaptability, serviceability, simplification, standardization, and intelligence and manageability. Efficient cooling systems lead to significant reduction in the operational cost of a data center. Further, governments across the globe have imposing various environmental regulations on the emission and power consumption efficiency of the data center operations. These regulations are leading to high demand for eco-friendly data center cooling solutions. Low compatibility among various data center cooling technologies is a key challenge in this market. Growing demand for green data centers represents a key opportunity in this market.
Various solutions in the data center cooling market include air conditioning solutions, chillers, economizers, cooling towers, server/rack cooling and management systems. Key industry verticals deploying data centers and data center cooling solutions include banking, financial services and insurance (BFSI), telecom and information technology (IT), oil and gas sector, utility sector, healthcare and government and public sector, among others. Various user types in data center cooling market include cloud providers, collocation providers, and enterprises. Enterprise sector is further segmented into small and medium size enterprises (SME) and large size enterprises. North America is the leading region for data center cooling market. However, Europe and Asia Pacific are anticipated to experience faster growth over the coming years. Europe is experiencing faster growth owing to stringent government regulations in place in the region regarding energy efficiency. Asia Pacific is experiencing rapid growth in data consumption and thus high growth in both traditional and cloud data centers. This is creating demand for data center cooling technologies in the region.
Some of the key players in this market include American Power Conversion Corporation, Emerson Network Power, Coolcentric, Fujitsu Ltd., Hewlett-Packard Co., Hitachi Ltd., IBM Corp., Rittal GmbH & Co. KG, Intel Corp. and Stulz A/C Solutions, among others.
Request For PreBook Report@:
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
  • North America
  • Asia Pacific
  • Europe
  • Rest of the World

Read Our Latest Press Release:

https://www.prnewswire.com/news-releases/need-to-limit-use-of-commonly-used-secure-packaging-amidst-continued-covid-19-presents-vast-opportunities-for-flexible-packaging-for-healthcare-market-growth-predicted-at-healthy-5-3-cagr-from-2020–2028—tmr-301268887.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

Contact

Transparency Market Research State Tower,

90 State Street,

Suite 700,

Albany NY – 12207

United States

USA – Canada Toll Free: 866-552-3453

Email: [email protected]

Website: https://www.transparencymarketresearch.com