Data Center Cooling Market Growth Forecast: A 10.6% CAGR Will Propel it to USD 36.9 Billion by 2032

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Data Center Cooling Market Size Was Valued at USD 14.9 Billion in 2023, and is Projected to Reach USD 36.9 Billion by 2032, Growing at a CAGR of 10.6% From 2024-2032.

Market Overview

The Data Center Cooling Market emphasizes technologies and solutions aimed at controlling and sustaining ideal temperatures inside data centers. Data centers contain high-performance servers and IT infrastructure, which produce considerable heat while functioning. Efficient cooling systems are essential to maintain operational efficiency, avoid overheating, and extend the lifespan of machinery. These systems consist of air-cooled, liquid-cooled, and hybrid solutions that are crucial for ensuring uninterrupted data center functions in sectors like IT, telecommunications, BFSI, and healthcare.

  • Data centers must make the most efficient use of their IT hardware infrastructure and services, such as servers, PDUs, and other related components, due to the growing concerns about the availability of data storage, including backup facilities, archiving, managing verification and authorization, etc. Therefore, planning, analysis, and the control of load power, servers, and automated procedures are essential to a data center's optimal operation.

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Data Center Cooling Market Top Key Player

  • Asetek, Inc. (U.S.)
  • Rittal GmbH & Co. KG (Germany)
  • Schneider Electric (France)
  • Coolcentric (U.S.)
  • Vertiv Group Corp. (U.S.)
  • STULZ GMBH (Germany)
  • Hitachi, Ltd. (Japan)
  • Nortek (Italy)
  • LiquidStack Holding B.V. (U.S.)
  • Munters (India)
  • Other Key Players

Data Center Cooling Market Trend Analysis:

Market Drivers

  • The guidelines that outlined the operation of data centers were impacted by the requirement for large computing capacity. Because of this, it becomes more complicated, making direct reliance on the CRAC units insufficient. Unfortunately, inadequate cooling of data center racks has grown commonplace in modern times. Nearly 80 percent of server racks are hot, according to recent studies. For data center administrators, downtime is the worst nightmare caused by this issue.
  • Technology advancements and shifting business requirements are driving changes in the data center cooling market. Because liquid cooling systems perform better in high-density computing environments, they are becoming more and more common. Liquid cooling effectively controls heat as processor power demands rise. A rising emphasis on sustainability is also seen in cooling solutions that use free cooling techniques or renewable energy sources. Additionally, the need for smaller, more portable cooling systems for dispersed data center locations is being driven by the growth of edge computing.

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Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Data Center Cooling Market 

Data Center Cooling Market Segmentation

By Product

  • Air Conditioners
  • Precision Air Conditioners
  • Liquid Cooling
  • Air Handling Unit
  • Others (Air Economizers, Heat Rejection, Chillers)

By Data Center Type

  • Large Scale
  • Medium Scale
  • Small Scale

By Cooling Technique

  • Room-based Cooling
  • Rack-based Cooling
  • Row-based Cooling

By Industry

  • BFSI
  • IT and Telecom
  • Manufacturing
  • Retail
  • Healthcare
  • Energy and Utilities
  • Others

Regional Analysis:

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

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Key Attentions of Data Center Cooling Report:

  1. The report offers a comprehensive and broad perspective on the global Data Center Cooling market.
  2. The market statistics represented in different Data Center Cooling segments offer a complete industry picture.
  3. Market growth drivers and challenges affecting the development of Data Center Cooling are analyzed in detail.
  4. The report will help in the analysis of major competitive market scenarios, and market dynamics of Data Center Cooling.
  5. Major stakeholders, key companies Data Center Cooling, investment feasibility and new market entrants’ study is offered.

Introspective Market Research is a trusted partner for comprehensive market research studies. We are committed to providing businesses worldwide with comprehensive market research studies that offer valuable insights and strategic guidance

Our study dives deep into the complete market ecosystem of the Data Center Cooling Market, elucidating the functions and interdependencies of various market stakeholders. Through comprehensive segmentation analysis and geographical coverage, we facilitate a profound understanding of regional trends. Additionally, we explore external factors that impact the market dynamics.

Key Benefits Of Report: 

  • This study comprises analytical depiction of the Data Center Cooling Market size with current trends and future estimations to depict the imminent investment pockets.
  • The overall potential is determined to understand the profitable trends to gain a stronger foothold.
  • The Data Center Cooling Market analysis report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current growth and Data Center Cooling Market forecast is quantitatively analyzed from 2017 to 2032 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

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