The global Data Center Cooling market size was valued at US$ 11.55 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 10.9% through 2023 to 2029, reaching nearly US$ 23.84 Bn.
Market Overview:
This study aims to provide a comprehensive analysis of the Data Center Cooling market, examining its components, applications, industries, and geographical aspects. It delves into the primary drivers influencing market growth and offers an in-depth analysis of the market's value chain.
Market Scope:
The research methodology employed for assessing and predicting the Data Center Cooling market involves secondary research utilizing revenue data from key suppliers. Market segmentation takes into account vendor offerings, and the overall market size is determined using a bottom-up approach based on the revenue of major enterprises.
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Drivers:
The COVID-19 pandemic has changed the buying pattern of consumers. Measures such as nationwide lockdown have led to buy food and hygiene products. Following the COVID-19 crisis, increasing number of patients are opting for self-medication rather than visiting a doctor. This has led to several people stocking up over-the-counter drugs for symptom relief. Moreover, awareness and interest in the role of preventive health among consumers, has increased demand for products which help in boosting the immunity. This has led to increasing demand for health supplements. The overall increase in demand for pharmaceuticals is expected to drive the market growth of Data Center Cooling during the pandemic.
Segmentation:
by Component
Solution
Services
by Solution
Air Conditioning
Chilling Units
Cooling Towers
Economizer Systems
Liquid Cooling Systems
Control Systems
Others
by Services
Consulting
Installation & Deployment
Maintenance & Support
by Type of Cooling Room-based Cooling
Row/Rack-based Cooling
by Data Center Type Large Data Centers
Enterprise Data Centers
Mid-sized Data Centers
by Industry
BFSI
IT & Telecom
Research & Academic
Government & Defense
Retail
Energy
Manufacturing
Healthcare
Others
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Key Players:
The major players identified in the Data Center Cooling market report include:
1. 3M
2. AIRSYS
3. Alfa Laval
4. Allied Control
5. Asetek
6. Climaveneta (Mitsubishi Electric)
7. Condair Group
8. Coolcentric (Wakefield-Vette)
9. CoolIT Systems
10. Daikin Applied
11. Data Aire
12. Delta Group
13. Green Revolution Cooling
14. Munters
15. Nortek Air
16. Pentair
17. Renovo Zhuhai
18. Rittal
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Regional Analysis:
Market share statistics for Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America are provided individually. Analysts evaluate competitive strengths and conduct a thorough competitive analysis for each player.
COVID-19 Impact Analysis on Data Center Cooling Market:
Various industries such as aerospace, defense, agriculture, automobiles, retail, e-commerce, energy, healthcare, packaging, mining, electronics, banking, financial services, and insurance have been impacted by the COVID-19 pandemic. The report assesses the general impact of COVID-19 on the Data Center Cooling market, including its growth rate during 2019-2020. Insights and analysis on risk management and digital transformation strategies are provided to assist businesses navigating through the crisis.
Key Questions Answered in the Report:
Which segment dominated the Data Center Cooling market?
What was the competitive landscape of the Data Center Cooling market in 2020?
What are the key drivers fueling the growth of the Data Center Cooling market?
Which region held the largest share in the Data Center Cooling market in 2020?
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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