Data Center Cooling Market Trends, Size, Statistics (2022-30)
The global data center cooling market was valued at US$13.31 billion in 2021 and expected to reach US$ 56.25 billion by 2030, with at a compound annual growth rate (CAGR) of 17.8% during the forecast period 2022 to 2030.
Growth Factors:
The growing demand for energy-efficient data centers along with planned future investments are expected to create avenues for future growth. Several managed, as well as cloud services providers in the industry, are planning future expansion plans to meet the growing demand. Furthermore, the hyperscale data center industry is also gaining traction.
The proliferation of cloud services, growing prominence of big data, and increase penetration of connected devices are encouraging organizations to increase their investments in building new data center facilities. All these factors are projected to favor the data center cooling demand over the next eight years. As such, the demand for cooling solutions is directly proportional to an increase in the number of data center facilities globally.
As of 2021, China was the largest data center market in Asia Pacific, experiencing double-digit growth over the last few years. Data centers are the heart of China’s IT industry growth. As such the Chinese market for data center cooling is expected to witness favorable growth during the forecast years.
Increasing IT infrastructure spending, and more so as a result of the pandemic, is creating avenues for expansion of existing as well as new data center facilities globally. As such, software-based data centers are also contributing to the market growth by providing an improved level of automation. A shift towards digital transformation amidst the pandemic has further instigated the need for building data center facilities that offer scalability, security, and flexibility. Therefore, as investments in new datacenter facilities witness an uptick, the demand for the datacenter cooling market is also expected to witness a favorable progress.
Report Scope of the Data Center Cooling Market
|
Report Highlights |
Details |
|
Market Size |
USD 27.53 Billion by 2027 |
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Growth Rate |
CAGR of 13.8% From 2020 to 2027 |
|
Base Year |
2020 |
|
Historic Data |
2017 to 2020 |
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Forecast Period |
2020 to 2027 |
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Segments Covered |
Containment, Structure, Product, Application |
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Regional Scope |
North America, APAC, Europe, Latin America, MEAN, Rest of the World |
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Companies Mentioned |
Asetek, Air Enterprises, Climaveneta Climate Technologies (P) Ltd., Fujitsu Limited, Coolcentric, Hitachi Ltd., Rittal GmbH & Co. KG, Netmagic Solutions, STULZ GMBH, Telx Holdings, Inc. |
Product Insights
The air conditioners segment dominated the market in 2021, capturing more than 30% of the overall revenue share. Air conditioners are a popular choice among most end-users since they meet the demand for 24-hours protection, while keeping energy costs minimum. While analyzing and storing data for effective decision-making, densely packed racks generate a large amount of heat.
As such, air conditioners enable organizations to maintain an adequate temperature level and ensure the proper functioning of data centers. Additionally, air conditioners are heat exchangers that maintain the required level of room temperature in a sensitive IT environment.
Meanwhile, the precision air conditioners segment is estimated to grow at a CAGR exceeding 18% during the forecast period. Technological advancements coupled with the development of energy-efficient units are expected to propel the demand for precision air conditioners. Additionally, these air conditioners offer benefits such as continuous operation, precise humidity control, demonstration of better air distribution, and automatic control of individual AC loads for efficient cooling.
Application Insights
The telecom segment captured the largest market share and is expected to grow at a CAGR of close to 19.0% during the forecast period. The expanding IT & telecommunication industries across the globe is also expected to fuel the demand for datacenter cooling market. Additionally, the emerging telecommunication infrastructures require equivalent data storage facilities to manage large amounts of data, which is expected to propel the demand for data center cooling solutions.
IT & telecom, retail, healthcare, BFSI, energy are the key sectors with massive datacenter requirements. As such in 2021, the demand for datacenter cooling solutions in IT & telecom witnessed a massive growth which is attributed to the pandemic. As the world moved towards adopting the newly minted WFH mode, the demand of IT infrastructure witnessed a surge, creating avenues for new cooling solutions.
The retail segment is estimated to grow at a CAGR exceeding 15.0% during the forecast period. This can be attributed to the extensive use of Image Processing Verification Tools (IPVT), smartphones, social media, and tablet computers, which has, in turn, led to the increasing volume of data, thereby increasing the demand for data center cooling solutions.
Containment Insights
The raised floor with containment segment captured a sizeable share of over 52% in 2021 in the global market, owing to the increased adoption of hot and cold aisle containment methods. This segment has further been segregated into Hot Aisle Containment (HAC) and Cold Aisle Containment (CAC). The hot aisle containment segment is expected to grow at the highest CAGR exceeding 15% owing to the presence of an enhanced return airflow management option.
Hot aisle containment reduces the mixing of air, ensures higher electrical cost savings, and increased economizer hours. Implementing cold aisle containment in an existing raised floor data center is efficient, easy to retrofit into the existing raised floor data centers, and cost-effective. Owing to these features, cold aisle containment held the largest market share in 2021. Overall, the containment segment has been segregated into raised floor with containment and raised floor without containment.
Structure Insights
The room-based cooling segment captured a significant share in 2021 and is expected to grow at a CAGR exceeding 15% from 2022 to 2030. The room-based cooling technique has been the widely used technique over the years, resulting in its higher market share. The method is popular as it maintains adequate temperature by continuously mixing hot & cold air, thus ensuring prevention of hot spots. Rack, row and room-based cooling are the major cooling types by structure.
Row based cooling closely followed the room-based cooling technique with the market size surpassing USD 3 billion in 2021. Row-based cooling is an effective technique to meet the shortcomings of room-based cooling approach, which is proven to be less effective in case of heat generated by high and variable density IT equipment. Further, the room-based cooling approach for high density IT equipment results in unpredictable and inefficient cooling. As a result, both these cooling techniques are anticipated to gain traction during the forecast period.
Regional Insights
In 2021, North America led the worldwide demand for datacenter cooling solutions and is projected to grow at an estimated CAGR exceeding 13%. The region has reached maturity years in terms of new technology-based solutions, owing to the prevalence of giants including Facebook, Amazon Inc., and Google Inc., among others. The region has a considerable number of data centers marked by the presence of several IT companies, creating avenues for the data center cooling solutions market.
The Asia Pacific market for data center cooling is projected to gain prominence over the forecast period, as the applications of data center cooling are expected to increase in the telecom segment. This may be attributed to the increasing number of service providers for external IT infrastructure services who operate and manage critical business information and applications. The region was closely followed by Europe, which captured over 22% of the overall datacenter cooling revenue share in 2021.
Some of the prominent players in the Data Center Cooling Market include:
Segments Covered in the Report
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2030 and covers subsequent region in its scope:
By Containment
By Structure
By Product
By Application
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Key Points Covered in Data Center Cooling Market Study:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Data Center Cooling Market, By Product
7.1. Data Center Cooling Market, by Product Type, 2020-2027
7.1.1. Precision Air Conditioners
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Air Conditioners
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Chillers
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Air Handling Units
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Others
7.1.5.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Data Center Cooling Market, By Containment
8.1. Data Center Cooling Market, by Containment, 2020-2027
8.1.1. Raised Floor without Containment
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Raised Floor with Containment
8.1.2.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Data Center Cooling Market, By Structure
9.1. Data Center Cooling Market, by Structure, 2020-2027
9.1.1. Row-Based Cooling
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Rack-Based Cooling
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. Room-Based Cooling
9.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 10. Global Data Center Cooling Market, By Application
10.1. Data Center Cooling Market, by Application, 2020-2027
10.1.1. IT
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Telecom
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Healthcare
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Retail
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.5. Energy
10.1.5.1. Market Revenue and Forecast (2016-2027)
10.1.6. BFSI
10.1.6.1. Market Revenue and Forecast (2016-2027)
10.1.7. Others
10.1.7.1. Market Revenue and Forecast (2016-2027)
Chapter 11. Global Data Center Cooling Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.2. Market Revenue and Forecast, by Containment (2016-2027)
11.1.3. Market Revenue and Forecast, by Structure (2016-2027)
11.1.4. Market Revenue and Forecast, by Application (2016-2027)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.5.2. Market Revenue and Forecast, by Containment (2016-2027)
11.1.5.3. Market Revenue and Forecast, by Structure (2016-2027)
11.1.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.1.6.2. Market Revenue and Forecast, by Containment (2016-2027)
11.1.6.3. Market Revenue and Forecast, by Structure (2016-2027)
11.1.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.2. Market Revenue and Forecast, by Containment (2016-2027)
11.2.3. Market Revenue and Forecast, by Structure (2016-2027)
11.2.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.5.2. Market Revenue and Forecast, by Containment (2016-2027)
11.2.5.3. Market Revenue and Forecast, by Structure (2016-2027)
11.2.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.6.2. Market Revenue and Forecast, by Containment (2016-2027)
11.2.6.3. Market Revenue and Forecast, by Structure (2016-2027)
11.2.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.7.2. Market Revenue and Forecast, by Containment (2016-2027)
11.2.7.3. Market Revenue and Forecast, by Structure (2016-2027)
11.2.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.2.8.2. Market Revenue and Forecast, by Containment (2016-2027)
11.2.8.3. Market Revenue and Forecast, by Structure (2016-2027)
11.2.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.2. Market Revenue and Forecast, by Containment (2016-2027)
11.3.3. Market Revenue and Forecast, by Structure (2016-2027)
11.3.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.5.2. Market Revenue and Forecast, by Containment (2016-2027)
11.3.5.3. Market Revenue and Forecast, by Structure (2016-2027)
11.3.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.6.2. Market Revenue and Forecast, by Containment (2016-2027)
11.3.6.3. Market Revenue and Forecast, by Structure (2016-2027)
11.3.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.7.2. Market Revenue and Forecast, by Containment (2016-2027)
11.3.7.3. Market Revenue and Forecast, by Structure (2016-2027)
11.3.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.3.8.2. Market Revenue and Forecast, by Containment (2016-2027)
11.3.8.3. Market Revenue and Forecast, by Structure (2016-2027)
11.3.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.2. Market Revenue and Forecast, by Containment (2016-2027)
11.4.3. Market Revenue and Forecast, by Structure (2016-2027)
11.4.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.5.2. Market Revenue and Forecast, by Containment (2016-2027)
11.4.5.3. Market Revenue and Forecast, by Structure (2016-2027)
11.4.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.6.2. Market Revenue and Forecast, by Containment (2016-2027)
11.4.6.3. Market Revenue and Forecast, by Structure (2016-2027)
11.4.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.7.2. Market Revenue and Forecast, by Containment (2016-2027)
11.4.7.3. Market Revenue and Forecast, by Structure (2016-2027)
11.4.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Product (2016-2027)
11.4.8.2. Market Revenue and Forecast, by Containment (2016-2027)
11.4.8.3. Market Revenue and Forecast, by Structure (2016-2027)
11.4.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.2. Market Revenue and Forecast, by Containment (2016-2027)
11.5.3. Market Revenue and Forecast, by Structure (2016-2027)
11.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.5.2. Market Revenue and Forecast, by Containment (2016-2027)
11.5.5.3. Market Revenue and Forecast, by Structure (2016-2027)
11.5.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Product (2016-2027)
11.5.6.2. Market Revenue and Forecast, by Containment (2016-2027)
11.5.6.3. Market Revenue and Forecast, by Structure (2016-2027)
11.5.6.4. Market Revenue and Forecast, by Application (2016-2027)
Chapter 12. Company Profiles
12.1. Asetek
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Air Enterprises
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Climaveneta Climate Technologies (P) Ltd.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Fujitsu Limited
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Coolcentric
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Hitachi Ltd.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Rittal GmbH & Co. KG
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Netmagic Solutions
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. STULZ GMBH
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Telx Holdings, Inc. (Digital Realty Trust, Inc.)
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. Schneider Electric
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
12.12. Vertiv Co.
12.12.1. Company Overview
12.12.2. Product Offerings
12.12.3. Financial Performance
12.12.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers