Pune, Maharashtra -- (SBWire) -- 07/05/2023 --The Data Center Cooling Market study with 100+ market data Tables, Pie charts & Figures is now released by HTF MI. The research assessment of the Market is designed to analyze futuristic trends, growth factors, industry opinions, and industry-validated market facts to forecast till 2029. The market Study is segmented by key a region that is accelerating the marketization. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. Some of the players studied are Fujitsu Limited (Japan), Hitachi (Japan), Schneider Electric SE (France), Mitsubishi Electric (Japan), 3M (United States), Siemens (Germany), Rittal GmbH & Co. KG (Germany), Green Revolution Cooling (United States), Black Box Corporation (United States), Nortek Air Solutions (United States).
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According to HTF Market Intelligence, the Global Data Center Cooling market is to witness a CAGR of 15.5% during the forecast period of 2023-2029. The market is segmented by Application (Telecom, IT, Retail, Healthcare, BFSI, Energy, Others) by Type (Row-Based Cooling, Overhead Cooling, Rack-Based Cooling) by By Component (Solution, Service) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
Definition:
Cooling in the data center environment refers to the technologies and equipment deployed in data centers to avoid heating in order to enhance performance and reduce downtime caused due to overheating. Cooling technologies are rapidly proving to be a critical element in the efficient functioning of data centers. With increasing capacity and higher density, there is an increasing need for energy-efficient cooling of IT equipment. There are many innovations from different companies that are changing the landscape of data center cooling. One notable mention is Google's environmentally friendly data center. One of the reasons cited for the uptick in the general data center cooling market is the trend of data centers built in developing countries or regions such as Singapore and Latin America.
Market Trends:
- Liquid Cooling Solutions such as Immersion Systems
Market Drivers:
- Growing demand for cost-effective data center solutions and services coupled with the rise in eco-friendly cooling technologies and a large amount of data load at data centers are some of the key factors driving the demand of the data center cooling market.
- Huge Investments in New Data Center Cooling Technologies by Companies owing to Increasing Power Densities
Market Opportunities:
- Growing Technological Advancements such as Artificial Intelligence, Edge Computing Deployments, and Datacenter smart assistant
- Innovations in Data Center Infrastructure Management such as Greener Technology
- Mining of Cryptocurrencies
Data Center Cooling Market Competitive Analysis:
Know your current market situation! Not just new products but ongoing products are also essential to analyze due to ever-changing market dynamics. The study allows marketers to understand consumer trends and segment analysis where they can face a rapid market share drop. Figure out who really the competition is in the marketplace, get to know market share analysis, market position, % Market Share, and segmented revenue.
Players Included in Research Coverage: Fujitsu Limited (Japan), Hitachi, Ltd. (Japan), Schneider Electric SE (France), Mitsubishi Electric (Japan), 3M (United States), Siemens (Germany), Rittal GmbH & Co. KG (Germany), Green Revolution Cooling (United States), Black Box Corporation (United States), Nortek Air Solutions, LLC (United States)
Additionally, Past Data Center Cooling Market data breakdown, Market Entropy to understand development activity and Patent Analysis*, Competitors Swot Analysis, Product Specifications, and Peer Group Analysis including financial metrics are covered.
Segmentation and Targeting:
Essential demographic, geographic, psychographic, and behavioral information about business segments in the Data Center Cooling market is targeted to aid in determining the features the company should encompass in order to fit into the business's requirements. For the Consumer-based market - the study is also classified with Market Maker information in order to understand better who the clients are, their buying behavior, and patterns.
Data Center CoolingProduct Types In-Depth: Row-Based Cooling, Overhead Cooling, Rack-Based Cooling
Data Center Cooling Major Applications/End users: Telecom, IT, Retail, Healthcare, BFSI, Energy, Others
Data Center Cooling Major Geographical First Level Segmentation:
- APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
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Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
- Political (Political policy and stability as well as trade, fiscal, and taxation policies)
- Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
- Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
- Technological (Changes in digital or mobile technology, automation, research, and development)
- Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
- Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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