Data center cooling solutions market to grow at a CAGR of 21.79% in 2023; Customer-centric solutions will drive growth – Technavio

NEW YORK, January 24, 2023 /PRNewswire/ — Data Center Cooling Solutions Market Insights –

Technavio has announced its latest market research report titled Global Data Center Cooling Solutions Market 2023-2027

  • Providers: 15+, including Aermec Spa, Airedale Air Conditioning Ltd., AIRSYS Refrigeration Engineering Technology Co. Ltd., Alfa Laval Corporate AB, Asetek AS, Black Box Corp., Chilldyne, Citec International, Daikin Industries Ltd., Data Aire Inc. , Engineered Fluids Inc., Green Revolution Cooling Inc., Midas Immersion Cooling, Mitsubishi Electric Corp., Motivair Corp., Nortek Inc., Schneider Electric SE, STULZ GmbH, Vertiv Holdings Co., Delta Electronics Inc., among others

  • Coverage: Key drivers, major trends and challenges; customer and vendor landscape; supplier product information and recent developments; key suppliers; and market positioning of suppliers

  • segments: Application (Air-Conditioner, Economizers, Cooling Towers, Chillers and Others), Technology (Air-Based Cooling and Liquid-Based Cooling) and Geography (APAC, North America, Europe, Middle East and Africaand South America)

To learn more about data center cooling solutions market insights, request a free sample report

In 2017, the data center cooling solutions market was valued at 6,601.52 million US dollars. From a regional perspective, North America had the largest market share valued at 2,171.24 million US dollars. The data center cooling solutions market the size is expected to grow by 27,954.87 million US dollars from 2022 to 2027 on a CAGR of 24.36% according to Technavio.

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Data Center Cooling Solutions Market – Customer Landscape
To help companies assess and develop growth strategies, the report outlines –

  • Basic purchase criteria

  • Adoption rates

  • Adoption Lifecycle

  • Drivers of price sensitivity

  • For customer landscape analysis highlights, download a sample!

Data Center Cooling Solutions Market – Vendor Insights

The increasing competition in the market forces the providers to adopt various growth strategies such as promotional activities and advertisement expenditure to improve the visibility of their services. The Technavio report analyzes the competitive landscape of the market and offers information on several vendors in the market including –

  • Aermec Spa – The company offers data center cooling solutions such as chilled water, direct expansion technologies and indirect air evaporation.

  • Airedale Air Conditioning Ltd. – The company offers data center cooling solutions such as SmartCool ONE, SmartCool and SmartCool iDrive.

  • AIRSYS Refrigeration Engineering Technology Co. Ltd. – The company offers data center cooling solutions such as Optima adjustable temperature and humidity control.

  • Alfa Laval Corporate AB – The company offers data center cooling solutions for traditional mechanical cooling.

Market for data center cooling solutions Market dynamics

Basic drivers

Main challenges –

Drivers and challenges impact market dynamics and can impact business. Find some insights from a sample report!

The Data Center Cooling Solutions Market report provides critical information and factual data, with qualitative and quantitative market research based on market drivers and restraints, as well as future prospects.

What are the key data covered in this Data Center Cooling Solutions market report?

  • Market CAGR during the forecast period

  • Detailed information about the factors that will drive the growth of the data center cooling solutions market between 2023 and 2027.

  • An accurate estimation of the Data Center Cooling Solutions market size and its contribution to the market with a focus on the major market

  • Accurate predictions of upcoming trends and changes in consumer behavior

  • Growth of Data Center Cooling Solutions Industry in APAC, North America, Europe, Middle East and Africaand South America

  • In-depth analysis of the competitive landscape of the market and detailed information on suppliers

  • A comprehensive analysis of factors that will drive vendor growth in the Data Center Cooling Solutions market

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The data center cooling market in India has the potential to grow by USD 775.85 million during 2020-2025 and the market growth momentum will accelerate at a CAGR of 22.49%. Furthermore, this report extensively covers the market segmentation by technology (liquid-based cooling and air-based cooling), architecture (room cooling and rack and row cooling) and cooling system (air conditioners, economizers, cooling towers, chillers and other) .

The evaporative cooling market is expected to grow at a CAGR of 7.86% between 2022 and 2027. The market size is projected to grow by 2010 million USD. This report in detail covers market segmentation by type (Indirect Evaporative Cooling, Direct Evaporative Cooling and Two-Stage Evaporative Cooling), Application (Industrial, Indoor Agriculture, Residential and Others) and Geography (North America, EuropeAPAC, South Americaand Middle East and Africa).

Data Center Cooling Solutions Market Scope

Report coverage

Details

Page number

178

Base year

2022

Historical period

2017-2021

Estimated period

2023-2027

Growth momentum and CAGR

Accelerate at a CAGR of 24.36%

Market Growth 2023-2027

27,954.87 million US dollars

Market structure

Torn apart

Year-on-year growth 2022-2023 (%)

21.79

Regional analysis

APAC, North America, Europe, Middle East & Africa and South America

Effective market contribution

APAC at 36%

Key countries

USA, China, India, UK and Germany

The competitive environment

Leading suppliers, market positioning of suppliers, competitive strategies and industry risks

Key companies profiled

Aermec Spa, Airedale Air Conditioning Ltd., AIRSYS Refrigeration Engineering Technology Co. Ltd., Alfa Laval Corporate AB, Asetek AS, Black Box Corp., Chilldyne, Citec International, Daikin Industries Ltd., Data Aire Inc., Engineered Fluids Inc. , Green Revolution Cooling Inc., Midas Immersion Cooling, Mitsubishi Electric Corp., Motivair Corp., Nortek Inc., Schneider Electric SE, STULZ GmbH, Vertiv Holdings Co. and Delta Electronics Inc.

Market dynamics

Major market analysis, drivers and barriers to market growth, analysis of fast-growing and slow-growing segments, analysis of the impact and recovery of COVID-19 and future consumer dynamics, and analysis of the state of the market for the forecast period.

Range of customization

If our report doesn’t include the data you’re looking for, you can contact our analysts and get custom segments.

Contents:

1 Summary

2 Market landscape

3 Sizing the market

4 Historical market size

5 Five Forces Analysis

6 Market Segmentation by Application

7 Market segmentation by technique

8 Customer landscape

9 Geographical landscape

10 drivers, challenges and trends

11 Supplier landscape

12 Supplier Analysis

13 Appendix

About us
Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 dedicated analysts, Technavio’s report library consists of more than 17,000 reports and growing, covering 800 technologies spanning 50 countries. Their client base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, in-depth research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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