Global Data Center Cooling Market: Global Industry, Size, Share, Growth, Trends, and Forecast to 2027

Data Center Cooling Market Report offers in-depth insights, revenue details, and other vital information regarding the global data center cooling market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027.

The Data Center Cooling Market report also offers insightful and detailed information regarding the various key players operating in the global data center cooling market and their financials, apart from strategies, acquisitions & mergers, and market footprint.

The global data center cooling market is segmented on the basis of product type, cooling technique, application, and region. 

Data Center Cooling Market Overview:

Data Center Cooling Market was valued at $24 million in 2020 & is projected to reach $34 million by 2030. It is expected to grow at a 5% CAGR between 2021 and 2030.

The cooling environment in the data center depends upon technologies and equipment deployed in data centers to avoid overheating, enhance performance, and reduce downtime that happens due to overheating.

Cooling technologies are an essential factor in the efficient functioning of data centers. In recent years, the amount of data utilized has increased exponentially across the globe leading to increased use of traditional and cloud-based data centers.

Since the need for data processing and data storage has increased, enterprises are extending their existing data center infrastructure as well as deploying new data centers.

There has been an increased focus on improving the efficiency of data centers which has increased the demand for data center cooling.

An increasing number of data centers all over the world to manage a significant volume of data will foster the demand for the data center cooling market.

The need for infrastructure is increasing in large enterprises and government agencies due to the adoption of advanced technologies such as cloud and big data for storing the data.

The cooling devices in the data center help to secure data from overheating by reducing extreme heat in the data center infrastructure.

The air conditioner segment appeared as a primary product segment in the global data center cooling market and accounted significant share of overall revenue.

Essential advantages, such as maintaining and monitoring the temperature level, humidity, and air pressure offered by air conditioners, are the vital factors anticipated to fuel this segment.

Characteristics, such as minimal investment, ease of installation, and low maintenance, are also important factors that affect the growth of the air conditioners segment.

The North American market is a mature market for data center cooling. The region accounted significant revenue share owing to technological development and matured IT sector.

An increase in technology advancement in this area offers avenues for the growth of the market. However, this region is forecasted to witness steady growth in comparison to the other areas.

The Canadian data center cooling industry is attracting North American consumers due to data security and low maintenance cost.

Data Center Cooling Market Segmentation:

Global data center cooling market segmentation by-product:

• Air conditioners
• Cooling towers
• Chillers
• Economizer Systems
• Others

 Global data center cooling market segmentation by cooling technique:

• Rack/row-based cooling
• Room based cooling

Global data center cooling market segmentation by application:

• Telecom
• IT
• Retail
• Healthcare
• BFSI
• Government and Defence
• Energy
• Others

Global data center cooling market segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa