September 10 2020
Market Research Future published a research report on “Data Center Cooling Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
The global data center cooling market is expected to exhibit a strong 14% CAGR over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global data center cooling market is mainly driven by the growing adoption of big data technology and cloud computing, which has driven the demand for data centers all around the world.
The growing demand for data centers around the world is likely to be the major driver for the global Data Center Cooling Market over the forecast period. Data center cooling systems play a vital role in the operation of data centers, as the use of several computers in close proximity creates a significant amount of heat, necessitating effective ventilation mechanisms. The increasing power density in data centers is likely to be a key driver for the global data center cooling market over the forecast period.
The increasing adoption of big data and cloud computing technology is also likely to be a major driver for the global data center cooling market, as this is likely to drive the demand for more data centers over the forecast period. The incorporation of big data and cloud computing has helped enterprises generate detailed information reports that help the company progress in all matters, leading to a growing demand for these technologies in the industrial sector. The growing incorporation of these technologies over the forecast period is likely to be a major driver for the global data center cooling market.
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The Prominent players in the Data Center Cooling Industry are- Fujitsu, Ltd. (Japan), Asetek A/S (Denmark), The Mitsubishi Group (Japan), Schneider Electric SE (France), Rittal GmbH & Co. KG (Germany), Hitachi, Ltd. (Japan), 4energy (U.K.), 3M (U.S.), Degree Controls (U.S.), Wakefield-Vette, Inc. (U.S.), HP Development Company, L.P. (U.S.), The Heico Companies LLC (U.S.), , Vertiv Co. (U.S.), IT Aire , Inc. (U.S.), Cloudsite Intelligent Data Centers (U.S.) among others.
Global Data Center Cooling Market: Segmental Analysis
The global data center cooling market is segmented on the basis of component, cooling type, service type, organization size, end-use vertical, and region.
Data Center Cooling Market - Regional Analysis
North America is the dominant region in the global data center cooling market and is likely to retain the position over the forecast period due to the growing demand for data centers in the highly data-driven economies of the U.S. and Canada.
Asia Pacific is expected to exhibit rapid growth over the forecast period due to the growing demand for data centers in countries such as China and India, which have emerged as key players in the market for data analysis and storage in recent years. The Asia Pacific market is expected to exhibit the highest growth rate over the forecast period. Japan, China, and India are likely to play a leading role in the data center cooling market in Asia Pacific over the forecast period.
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LIST OF TABLES
LIST OF FIGURES
FIGURE 1 Global Data Center Cooling Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of Global Data Center Cooling Market
FIGURE 4 Value Chain Of Global Data Center Cooling Market
FIGURE 5 Share Of Data Center Cooling Market In 2018, By Country (In %)
FIGURE 6 Global Data Center Cooling Market, 2018–2023,
FIGURE 7 Global Data Center Cooling Market Size, By Component, 2018–2023
FIGURE 8 Share Of Global Data Center Cooling Market, By Component, 2018–2023
FIGURE 9 Global Data Center Cooling Market Size, By Cooling Type, 2018
FIGURE 10 Share Of Global Data Center Cooling Market, By Cooling Type, 2018–2023
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