Lewes, DE -- (SBWire) -- 02/18/2016 --Report forecast the global data center cooling solutions market to grow at a CAGR of 12.05% during the period 2016-2020.
Cooling solutions are used in data centers worldwide to lower the heat generated by IT equipment. Data centers operate CRAC and CRAH units, including air conditioners, chillers, cooling towers, economizers, humidifiers, and modern containment systems that offer rack cooling. These cooling units involve the use of air and liquid-based cooling techniques. As the cooling process accounts for 40% of the power consumed in data centers, vendors are innovating and testing techniques to reduce the operational expenditure associated.
The report covers the present scenario and the growth prospects of the global data center cooling market for 2015-2020. To calculate the market size, the report considers revenue generated from the investments made in new data centers and the renovation of existing ones.
The market is divided into the following segments based on cooling technique:
- Air-based cooling
- Liquid-based cooling
According to the report, one of the major factor driving the global data center cooling solutions is growing construction of data centers. The demand for data centers among large enterprises, CSPs, government agencies, and telecommunications organizations has seen a marked increase due to the adoption of advanced technologies such as cloud-based services and big data analytics for business operational needs.
Further, the report states that environmental challenges such as variations in temperature, extreme humidity, and high amount of dust are affecting data center operations globally.
Global Data Center Cooling Solutions Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the Global Data Center Cooling Solutions Market: 3M, 4Energy, Alfa Laval, Black Box Network Services, Daikin Industries, Eaton, ebm-papst, Emerson Network Power, Rittal, Schneider Electric and STULZ.
Other Prominent Vendors in the market are: AIRSYS, Asetek, Chatsworth Products, ClimateWorx, Colt, Denso (MOVINCool), Ecosaire, Fuji Electric, Huawei, Motivair, QCooling and Tripp-Lite.
Market driver
- Growing demand for data centers
- For a full, detailed list, view our report
Market challenge
- Environmental concerns
- For a full, detailed list, view our report
Market trend
- Free cooling technique
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 87 pages and 45 Exhibit "Global Data Center Cooling Solutions Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by Cooling System, Market segmentation by technique, Market segmentation by liquid cooling technique, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.
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