Data Center Precision Cooling Market: Introduction
Data centers are massive systems designed to store, manage, and process enormous amount of data; and their servers and networking structure support their 24X7 running, thus utilizing tremendous amount of power and energy. Heat generated from running these data centers is tremendous and need critical cooling management, for smooth running of these data centers. Precision cooling is such a cooling technique used in data centers; which have high airflow, and better filtration capabilities; and directly cools the electronic and IT equipment. Data Center Precision Cooling systems can be managed easily with a software or programmatic access. The Data Center Precision Cooling systems enable data center managers to control the airflow and dry heat in data centers, which is otherwise difficult to manage with comfort air cooling systems. Data Center Precision Cooling system consist of indoor and outdoor units, and make use of microcontroller-based algorithms to control the temperature.
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Data Center Precision Cooling Market: Drivers and Challenges
Increase in the adoption of over-the-top (OTT) video, smartphone and wearable device availability and usage, and demand for bandwidth-hungry data content is nowadays generating tremendous amount of data throughout the globe. This growth is clearly reflected from the mobile data traffic estimated to reach around 600 Exabyte annually by 2023. Processing and management of such a large amount of data results in the dissipation of significantly high amount of heat, which needs to critically control in order to run the data center smoothly. Data Center Precision Cooling system aids in the management of this heat generated. Continuous surge in the amount of mobile data generated is driving the overall market for Data Center Precision Cooling systems. Also, exponential growth of big data, majorly ascending from sectors such as telecommunication, entertainment, BFSI, and retail sectors is pushing the market of data center Precision Cooling systems towards growth. Another factor for such a high growth is the rapid development in the technology infrastructure of economies, which are causing traction in the overall number of data centers throughout the globe. The demand for Data Center Precision Cooling systems is considerably high, but the initial cost involved in setting up the system is at the higher side, presenting a challenge for growth in the overall Data Center Precision Cooling market.
Data Center Precision Cooling Market: Segmentation
Global Data Center Precision Cooling Market can be segmented on the basis of Component, End-User, and Verticals.
On the basis of Component, Data Center Precision Cooling Market can be segmented as:
- Hardware
- Software
- Services
On the basis of End-User, Data Center Precision Cooling Market can be segmented as:
- Small and Medium Data Centers
- Large Data Centers
- Colocation Data Centers
On the basis of Vertical, Data Center Precision Cooling Market can be segmented as:
- Telecom and IT
- Banking, Financial Services and Insurance
- Healthcare
- Energy and Power
- Government and Public
- Military and Defense
- Others
Data Center Precision Cooling Market: Key Players
Some of the key players of Data Center Precision Cooling market are
- Vertiv
- APC
- Rittal
- STULZ
- Airedale
- Delta Power Solutions
- Huawei
- Parker Hannifin Corporation
- KSTAR Corporation
- Intellivex and Dell amongst others.
Data Center Precision Cooling Market: Regional Overview
By geography, Data Center Precision Cooling market can be segmented across North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan and Middle East & Africa. Data Center Precision Cooling market in the North American region currently holds the largest share of global Data Center Precision Cooling market, and is expected to continue the same in the forecast period as well. Asia Pacific region, especially China, India, and Australia are expected to foresee significant adoption of Data Center Precision Cooling systems mainly because of the increasing focus of implementation of technologically advanced cooling systems in data centers, so as to enhance overall efficiency and profitability.
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Regional analysis for Global Data Center Precision Cooling Market includes
- North America Market
- U.S.
- Canada
- Latin America Market
- Argentina
- Mexico
- Brazil
- Rest of Latin America
- Western Europe Market
- Germany
- France
- U.K.
- Spain
- Italy
- Nordic
- Benelux
- Rest of Western Europe
- Eastern Europe Market
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific Excluding Japan Market
- Australia and New Zealand (A&NZ)
- China
- India
- ASEAN
- Rest of Asia Pacific
- Japan Market
- Middle East and Africa Market
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.