Datacenter cooling solutions are used for the maintenance of optimal operating conditions required for the smooth operation of data centers. The data centers process a massive amount of data within a short interval of time, which produces a lot of heat and might damage the equipment. Cooling is necessary for the optimum operation of data centers and hence consumes a majority of power. The data centers cooling operation consume around 38 percent of the total power consumed by the data center.
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Market Dynamics
Increasing data storage needs, higher adoption of cloud computing, the rapid growth of big data and data science within various industry verticals, and the development of IT infrastructure within different developing countries are key factors driving the growth of the global data center cooling market.Increasing humidity levels that restrict the use of outside air for data center cooling is also one of the prime factors boosting the growth of the market. However, high setup costs, high electricity consumption, and increasing concern over carbon emissions might hamper the market growth.Moreover, new innovative development regarding the use of natural sources of cooling might also hamper the market potential. For instance, in June 2018, Microsoft tan tested an undersea data center that could curb the cooling cost by 90 percent. New development within data center cooling would provide lucrative opportunities to the market in the next couple of years.
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Segment Analysis
Based on architecture, the market is segmented into room and rack & row cooling. By cooling systems, the market is divided into Air conditioners, Precession Air conditioners, Chillers, Air Handling Units, and Others. Air conditioners hold the largest share of the market owing to increased adoption within traditional data centers.By type of data centers, the market is categorized into Large, Mid-size, and Small Datacenters. Large data centers hold around 60 percent market share owing to the increased need for more significant data centers. Telecom and IT are the primary end users of data centers and contribute around 40 percent of the market share. Increasing IT operations would provide sustainable growth to the segment.
Competitive Landscape
The report profiles the following companies, which includes Adaptivcool, Airedale International Air Conditioning Ltd., Asetek, Black Box Corporation, Coolcentric, Nortek Air Solutions, LLC, Rittal GmbH & Co. Kg, Schneider Electric Se., Stulz GmbH, and Vertiv Co.
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