Global Data Center Cooling Market Size, Share, Trends, Demand, Growth and Competitive Analysis 2030

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Data Center Cooling Market (2024-2030):

According to the latest report, the Global Data Center Cooling Market size size was valued at USD 12.35 billion in 2023 and is estimated to grow at a CAGR of around 13.8% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors propelling the exponential growth of the Global Data Center Cooling Market.


Key Takeaways: Beneficial for Stakeholders and Clients

·        Historic Period: 2019-2022

·        Base year: 2023

·        Forecast Years: 2024-2030

·        CAGR (2024-30): 13.8%

·        Market Value (2023): USD 12.35 Billion

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Download a sample PDF of this report to gain insights into the complete report structure : https://www.marknteladvisors.com/query/request-sample/data-center-cooling-market.html

What are the major Driver the Global Data Center Cooling Market?

Rising Numbers of Data Center Deployments Boosting the Market Expansion – There has been a notable surge in the number of data center deployments owing to the increasing demand for additional storage to store large volumes of data that have been generated regularly. Also, due to the proliferation of data centers, there has been a surge in energy usage and subsequent heat production. For instance:

  • According to the International Energy Agency, in 2023, Data centers accounted for up to 1.5% of global electricity consumption and are responsible for 1% of energy-related greenhouse gas emissions.

As the Data Center Cooling Market evolves, energy inefficiencies arising from traditional cooling systems are becoming a significant concern. With data centers consuming vast amounts of energy, there's a growing demand for innovative, low-power cooling solutions to maintain optimal temperatures for IT equipment. This pressing need is driving the development of efficient cooling technologies within the industry.

Global Data Center Cooling Market Segmentation

The Global Data Center Cooling Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

  •  By Solution
    • Air Conditioning- Market Size & Forecast 2019-2030, (USD Million)
    • Chilling Units- Market Size & Forecast 2019-2030, (USD Million)
    • Cooling Towers- Market Size & Forecast 2019-2030, (USD Million)
    • Economizer Systems- Market Size & Forecast 2019-2030, (USD Million)
    • Liquid Cooling Systems- Market Size & Forecast 2019-2030, (USD Million)
    • Control Systems- Market Size & Forecast 2019-2030, (USD Million)
    • Others (Air Handling, Heat Rejection, etc.)- Market Size & Forecast 2019-2030, (USD Million)
  •  By Service
    • Consulting- Market Size & Forecast 2019-2030, (USD Million)
    • Installation & Deployment- Market Size & Forecast 2019-2030, (USD Million)
    • Maintenance & Support- Market Size & Forecast 2019-2030, (USD Million)
  •  By Type of Data Center
    • Mid-sized Data Centers- Market Size & Forecast 2019-2030, (USD Million)
    • Enterprise Data Centers- Market Size & Forecast 2019-2030, (USD Million)
    • Large Data Centers- Market Size & Forecast 2019-2030, (USD Million)
  •  By Type of Cooling
    • Room-based Cooling- Market Size & Forecast 2019-2030, (USD Million)
    • Row/Rack Cooling- Market Size & Forecast 2019-2030, (USD Million)
  •  By Verticals
    • BFSI- Market Size & Forecast 2019-2030, (USD Million)
    • IT & Telecom- Market Size & Forecast 2019-2030, (USD Million)
    • Retail- Market Size & Forecast 2019-2030, (USD Million)
    • Healthcare- Market Size & Forecast 2019-2030, (USD Million)
    • Research & Educational Institutes- Market Size & Forecast 2019-2030, (USD Million)
    • Energy- Market Size & Forecast 2019-2030, (USD Million)
    • Government & Defense- Market Size & Forecast 2019-2030, (USD Million)
    • Others- Market Size & Forecast 2019-2030, (USD Million)
  •  By Region
    • North America
    • South America
    • Europe
    • The Middle East & Africa
    • Asia-Pacific

As per the regional aspect, the Global Data Center Cooling Market is expected to be dominated by the North America by capturing the potential market share. 

Explore further details about this research report-

https://www.marknteladvisors.com/research-library/data-center-cooling-market.html

Top Companies in the Global Data Center Cooling Market

Modine, STULZ Gmbh, Vertiv Group Corp., Fujitsu, Black Box, Green Revolution Cooling Inc., Submer, Asperitas, Iceotope Technologies Limited, Dug Technology, DCX Liquid Cooling Systems, Rittal Gmbh & Co. Kg, Schneider Electric, Asetek, Inc., Nortek Air Solutions, Llc, Others,

Global Data Center Cooling Industry Recent Development

  • 2024: Modine announced its acquisition of the intellectual property and distinct assets of TMG Core for the expansion of its data center cooling business on a large scale. TMG Core specializes in single- and two-phase liquid immersion cooling technology tailored for data centers with demanding high-density computing needs.
  • 2023: Vertiv, a leading provider of critical digital infrastructure and continuity solutions worldwide, has acquired CoolTera Ltd., which specializes in providing coolant distribution infrastructure for data center liquid cooling technology. This acquisition will reinforce Vertiv's capabilities to facilitate large-scale deployment of AI and further expand its ability to cater to the demands of global data center clients.
  • 2023: STULZ GmbH announced the launch of its Micro Data Centre, a single rack, all-in-one micro data center solution that combines power protection and distribution, monitoring, cooling, and management with fire protection and security.
Other reports:

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