World Data Center Cooling Market to Reach Around USD 12 Bn by 2022, States Beige Market Intelligence in Its Report Available at MarketPublishers.com23 Mar 2017 • by Natalie Aster
LONDON – Globally, the data center cooling sector is anticipated to observe stable growth in the offing, reaching around USD 12 billion by 2022. From 2016 to 2019, the year-over-year growth rate is poised to increase at a moderate pace, and after 2019 it is expected to observe a slight decline.
With the advent of data centers the air-based cooling systems have rung the bell with the owners of data centers. Still, the water cooling market sustains its leadership position due to a hike in thermal energy density in tandem with a considerable upsurge in energy costs.
Hence, the market for liquid-base cooling systems is poised to grab the lion’s market share of the overall data center cooling marketplace in 2022. The increased uptake of water-based cooling systems is projected to augur well for the growth and expansion of the data center cooling market in the USA.
Room level cooling captures the dominant market share, however, the demand for these systems is decreasing. Meanwhile, the demand rack-based cooling is gaining traction.
The APAC will likely dominate the worldwide data center cooling market. The European market is observing 2 key important changes in terms of data center construction, which is directly influencing the region’s data center cooling market.
Rittal, Daikin, Eaton, Schneider Electric, Stulz and Vertiv are the leading players in the marketplace.
Topical research report “Global Data Center Cooling Market 2017-2022” elaborated by Beige Market Intelligence examines the current scenario of the market, categorising it based on cooling technique, cooling solution, cooling architecture, and by geography, with each region and country providing market sizing and analysis by cooling architecture and technique.
The report provides market sizing; examines the market growth driving and restraining factors, and key trends. For each segment, the study analyses the market share. It offers an all-round assessment of, and growth projections for the major market segments. The report presents an insightful analysis of the market size of all the regions, and limelights the key market share holders in the global marketplace. The research analyses the key and emerging market participants and their market shares, as well as canvasses the overall competitive scene in the industry.
More topical reports by the publisher can be found at its page.