Data Center Cooling Market Research Report – Forecast to 2030

Data Center Cooling Market, By Components (Chillers, Economizer, Server Cooling), Cooling Type (liquid, air), Service (Professional Service, Managed Service), Organization Size (SMEs, Large Enterprises) Vertical (BFSI, Energy ) - Forecast till 2030

ID: MRFR/ICT/1381-HCR | February 2021 | Region: Global | 110 Pages         

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Rivalry

4.1.5 Bargaining Power of Suppliers

4.2 Value Chain/Supply Chain of Data Center Cooling Market

5 Market Overview of Data Center Cooling Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Data Center Cooling, by Component

7.1 Introduction

7.2 Precision Air Conditioning

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Server Cooling

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.4 Chillers

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, by Region, 2020–2027

7.5 Economizer

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast, by Region, 2020–2027

7.6 Air Handling

7.6.1 Market Estimates & Forecast, 2020–2027

7.6.2 Market Estimates & Forecast, by Region, 2020–2027

7.7 Others

7.7.1 Market Estimates & Forecast, 2020–2027

7.7.2 Market Estimates & Forecast, by Region, 2020–2027

8. Data Center Cooling Market, by Cooling type

8.1 Introduction

8.2 Air

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast, by Region, 2020–2027

8.3 Liquid

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast, by Region, 2020–2027

9. Data Center Cooling Market, by Service

9.1 Introduction

9.2 Professional Services

9.2.1 Market Estimates & Forecast, 2020–2027

9.2.2 Market Estimates & Forecast, by Region, 2020–2027

9.3 Managed Services

9.3.1 Market Estimates & Forecast, 2020–2027

9.3.2 Market Estimates & Forecast, by Region, 2020–2027

10. Data Center Cooling Market, by Organization Size

10.1 Introduction

10.2 Small & Medium Enterprises

10.2.1 Market Estimates & Forecast, 2020–2027

10.2.2 Market Estimates & Forecast, by Region, 2020–2027

10.3 Large enterprises

10.3.1 Market Estimates & Forecast, 2020–2027

10.3.2 Market Estimates & Forecast, by Region, 2020–2027

11. Data Center Cooling Market, by Verticals

11.1 Introduction

11.2 Telecommunication & IT Healthcare

11.2.1 Market Estimates & Forecast, 2020–2027

11.2.2 Market Estimates & Forecast, by Region, 2020–2027

11.3 BFSI

11.3.1 Market Estimates & Forecast, 2020–2027

11.3.2 Market Estimates & Forecast, by Region, 2020–2027

11.4 Energy

11.4.1 Market Estimates & Forecast, 2020–2027

11.4.2 Market Estimates & Forecast, by Region, 2020–2027

11.5 Government

11.5.1 Market Estimates & Forecast, 2020–2027

11.5.2 Market Estimates & Forecast, by Region, 2020–2027

11.6 Others

11.6.1 Market Estimates & Forecast, 2020–2027

11.6.2 Market Estimates & Forecast, by Region, 2020–2027

12. Data Center Cooling Market, by Region

12.1 Introduction

12.2 North America

12.2.1 Market Estimates & Forecast, 2020–2027

12.2.2 Market Estimates & Forecast, by Component, 2020–2027

12.2.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.2.4 Market Estimates & Forecast, by Verticals, 2020–2027

12.2.5 US

12.2.5.1 Market Estimates & Forecast, 2020–2027

12.2.5.2 Market Estimates & Forecast, by Component, 2020–2027

12.2.5.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.2.5.4 Market Estimates & Forecast, by Verticals, 2020–2027

12.2.6 Mexico

12.2.6.1 Market Estimates & Forecast, 2020–2027

12.2.6.5 Market Estimates & Forecast, by Component, 2020–2027

12.2.6.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.2.6.4 Market Estimates & Forecast, by Verticals, 2020–2027

12.2.7 Canada

12.2.7.1 Market Estimates & Forecast, 2020–2027

12.2.7.2 Market Estimates & Forecast, by Component, 2020–2027

12.2.7.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.2.7.4 Market Estimates & Forecast, by Verticals, 2020–2027

12.3 Europe

12.3.1 Market Estimates & Forecast, 2020–2027

12.3.2 Market Estimates & Forecast, by Component, 2020–2027

12.3.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.3.4 Market Estimates & Forecast, by Verticals, 2020–2027

12.3.5 Germany

12.3.5.1 Market Estimates & Forecast, 2020–2027

12.3.5.2 Market Estimates & Forecast, by Component, 2020–2027

12.3.5.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.3.5.4 Market Estimates & Forecast, by Verticals, 2020–2027

12.3.6 France

12.3.6.1 Market Estimates & Forecast, 2020–2027

12.3.6.5 Market Estimates & Forecast, by Component, 2020–2027

12.3.6.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.3.6.4 Market Estimates & Forecast, by Verticals, 2020–2027

12.3.7 UK

12.3.7.1 Market Estimates & Forecast, 2020–2027

12.3.7.2 Market Estimates & Forecast, by Component, 2020–2027

12.3.7.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.3.7.4 Market Estimates & Forecast, by Verticals, 2020–2027

12.4 Asia-Pacific

12.4.1 Market Estimates & Forecast, 2020–2027

12.4.2 Market Estimates & Forecast, by Component, 2020–2027

12.4.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.4.4 Market Estimates & Forecast, by Verticals, 2020–2027

12.4.5 China

12.4.5.1 Market Estimates & Forecast, 2020–2027

12.4.5.2 Market Estimates & Forecast, by Component, 2020–2027

12.4.5.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.4.5.4 Market Estimates & Forecast, by Verticals, 2020–2027

12.4.6 India

12.4.6.1 Market Estimates & Forecast, 2020–2027

12.4.6.5 Market Estimates & Forecast, by Component, 2020–2027

12.4.6.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.4.6.4 Market Estimates & Forecast, by Verticals, 2020–2027

12.4.7 Japan

12.4.7.1 Market Estimates & Forecast, 2020–2027

12.4.7.2 Market Estimates & Forecast, by Component, 2020–2027

12.4.7.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.4.7.4 Market Estimates & Forecast, by Verticals, 2020–2027

12.4.8 Rest of Asia-Pacific

12.4.8.1 Market Estimates & Forecast, 2020–2027

12.4.8.2 Market Estimates & Forecast, by Component, 2020–2027

12.4.8.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.4.8.4 Market Estimates & Forecast, by Verticals, 2020–2027

12.5 Rest of the World

12.5.1 Market Estimates & Forecast, 2020–2027

12.5.2 Market Estimates & Forecast, by Component, 2020–2027

12.5.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.5.4 Market Estimates & Forecast, by Verticals, 2020–2027

12.5.5 Middle East & Africa

12.5.5.1 Market Estimates & Forecast, 2020–2027

12.5.5.2 Market Estimates & Forecast, by Component, 2020–2027

12.5.5.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.5.6.4 Market Estimates & Forecast, by Verticals, 2020–2027

12.5.6 Latin Countries

12.5.6.1 Market Estimates & Forecast, 2020–2027

12.5.6.2 Market Estimates & Forecast, by Component, 2020–2027

12.5.6.3 Market Estimates & Forecast, by Cooling type, 2020–2027

12.5.7.4 Market Estimates & Forecast, by Verticals, 2020–2027

13. Company Profiles

13.1 Fujitsu, Ltd.

13.1.1 Company Overview

13.1.2 Product/Business Segment Overview

13.1.3 Financial Updates

13.1.4 Key Developments

13.2 Asetek A/S

13.2.1 Company Overview

13.2.2 Product/Business Segment Overview

13.2.3 Financial Updates

13.2.4 Key Developments

13.3 The Mitsubishi Group

13.3.1 Company Overview

13.3.2 Product/Business Segment Overview

13.3.3 Financial Updates

13.3.4 Key Developments

13.4 Degree Controls

13.4.1 Company Overview

13.4.2 Product/Business Segment Overview

13.4.3 Financial Updates

13.4.4 Key Developments

13.5 Schneider Electric Se

13.5.1 Company Overview

13.5.2 Product/Business Segment Overview

13.5.3 Financial Updates

13.5.4 Key Developments

13.6 The Heico Companies Llc

13.6.1 Company Overview

13.6.2 Product/Business Segment Overview

13.6.3 Financial Updates

13.6.4 Key Developments

13.7 Rittal Gmbh & Co. Kg

13.7.1 Company Overview

13.7.2 Product/Business Segment Overview

13.7.3 Financial Updates

13.7.4 Key Developments

13.8 4energy l

13.8.1 Company Overview

13.8.5 Product/Business Segment Overview

13.8.3 Financial Updates

13.8.4 Key Developments

13.9 3M Company

13.9.1 Company Overview

13.9.2 Product/Business Segment Overview

13.9.3 Financial Updates

13.9.4 Key Developments

13.10 Vertiv Co.

13.10.1 Company Overview

13.10.2 Product/Business Segment Overview

13.10.3 Financial Updates

13.10.4 Key Developments

13.11 Wakefield-Vette, Inc.

13.11.1 Company Overview

13.11.2 Product/Business Segment Overview

13.11.3 Financial Updates

13.11.4 Key Developments

13.11 Cloudsite Intelligent Data Centers

13.12.1 Company Overview

13.12.2 Product/Business Segment Overview

13.12.3 Financial Updates

13.12.4 Key Developments

14 Conclusion 

LIST OF TABLES

Table1 Global Data Center Cooling Market, by Country, 2020–2027

Table2 North America: Data Center Cooling Market, by Country, 2020–2027

Table3 Europe: Data Center Cooling Market, by Country, 2020–2027

Table4 Asia-Pacific Data Center Cooling Market, by Country, 2020–2027

Table5 Rest of the World: Data Center Cooling Market, by Country, 2020–2027

Table6 North America: Data Center Cooling Market, by Country

Table7 North America: Data Center Cooling Market, by Component

Table8 North America: Data Center Cooling Market, by Cooling type

Table9 North America: Data Center Cooling Market, by Services

Table10 North America: Data Center Cooling Market, by Organization Size

Table11 North America: Data Center Cooling Market, by Verticals

Table12 Europe: Data Center Cooling Market, by Country

Table13 Europe: Data Center Cooling Market, by Component

Table14 Europe: Data Center Cooling Market, by Cooling type

Table15 Europe: Data Center Cooling Market, by Services

Table16 Europe: Data Center Cooling Market, by Organization Size

Table17 Europe: Data Center Cooling Market, by Verticals

Table18 Asia-Pacific: Data Center Cooling Market, by Country

Table19 Asia-Pacific: Data Center Cooling Market, by Component

Table20 Asia-Pacific Data Center Cooling Market, by Cooling type

Table21 Asia-Pacific Data Center Cooling Market, by Services

Table22 Asia-Pacific Data Center Cooling Market, by Organization Size

Table23 Asia-Pacific Data Center Cooling Market, by Verticals

Table24 Rest of the World: Data Center Cooling Market, by Country

Table25 Rest of the World: Data Center Cooling Market, by Component

Table26 Rest of the World: Data Center Cooling Market, by Cooling type

Table27 Rest of the World: Data Center Cooling Market, by Services

Table28 Rest of the World: Data Center Cooling Market, by Organization Size

Table29 Rest of the World: Data Center Cooling Market, by Verticals

LIST OF FIGURES

FIGURE 1 Global Data Center Cooling Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Data Center Cooling Market

FIGURE 4 Value Chain of Global Data Center Cooling Market

FIGURE 5 Share of Data Center Cooling Market in 2020, by country (in %)

FIGURE 6 Global Data Center Cooling Market, 2020–2027,

FIGURE 7 Global Data Center Cooling Market Size, by Component, 2020–2027

FIGURE 8 Share of Global Data Center Cooling Market, by Component, 2020–2027

FIGURE 9 Global Data Center Cooling Market Size, by Cooling type, 2020

FIGURE 10 Share of Global Data Center Cooling Market, by Cooling type, 2020–2027

FIGURE 11 Global Data Center Cooling Market Size, by Service, 2020

FIGURE 12 Share of Global Data Center Cooling Market, by Service, 2020–2027

FIGURE 13 Global Data Center Cooling Market Size, by Organization Size, 2020

FIGURE 14 Share of Global Data Center Cooling Market, by Organization Size, 2020–2027

FIGURE 15 Global Data Center Cooling Market Size, by Verticals, 2020

FIGURE 16 Share of Global Data Center Cooling Market, by Verticals, 2020–2027

Data Center Cooling Market

Data Center Cooling Market share is expected to reach 24.86 Billion by 2030, with a CAGR of 10.31% during the forecast period 2020-2030.

$24.86 Billion

Market Size


10.31%

CAGR


Asia Pacific

Dominating Region

2020-2030

Forecast Period

Segmentation

By Component Chillers Economizer Server Cooling
By Cooling Type Liquid Air
By Service Professional Service Managed Service
By Organization Size Sm Es Large Enterprises

Key Players

  • Fujitsu Ltd. (Japan)
  • Asetek A/S (Denmark)
  • The Mitsubishi Group (Japan)
  • Schneider Electric SE (France)
  • Rittal GmbH & Co. KG (Germany)
  • Hitachi Ltd. (Japan)
  • 4energy (UK)
  • 3M (US)
  • Degree Controls (US)
  • Wakefield-Vette Inc. (US)
  • HP Development Company
  • L.P. (US)
  • The Heico Companies LLC (US)

Drivers

  • Improving efficiency in data centers
  • Rising awareness regarding green data centers
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Data Center Cooling Market Overview:


According to the researches, it is expected that the Data Center Cooling Industry market value will be USD 24.86 Billion during the forecast period. Additionally, it is also anticipated that the market can grow with a CAGR of 10.31% in this period. 


The data cooling systems are massively used by the data center operators. A data cooling system is highly essential in making sure that the temperature created while using an extensive amount of data must not cross the acceptable heat range. Dissipation is the main function of the data cooling centre to make sure that no damage is caused due to equipment overheating. As the environment health is deteriorating, the companies are opting for sustainable cooling options. Sustainable and eco-friendly power source cooling for data centers can be achieved via free-air cooling systems; this makes the chillers shut for at least 75% of the time. Data centre of Apple in North Carolia has this sustainable, eco-friendly data center cooling function. 


In addition to this, companies coming under the huge pressure of the public, environmentalists and government agencies to take initiative of preserving the environment is propelling the demand of eco-friendly solutions and boost the Data Center Cooling Market Growth.



Market Dynamics:
Drivers:
There are several driving factors for market growth. Some of them are- increasing awareness for green data, efficiency improvement in data centers, and increasing construction of data centers in the Asia-Pacific.



In fact, vendors who deal with hyper-scale construction units such as Apple, Facebook, AWS, Goole Inc are already investing billions of dollars in developing new facilities in the market. This will eventually drive the overall market for Data Center Cooling.



Opportunities:
The market is going through growth opportunities because of high airflow, enhancement in humidity control, troubleshooting, remote monitoring, improvement in air filtration, instant accuracy in temperature control and high capacity of loading.



Challenges:
The traditional methods of cooling leads to great quantity of Carbon emission, so the technologies used and coolants used could be possible challenges for the Data Center Cooling Market Opportunities and this may impact Data Center Cooling Market Trends as well.



Restrains:
High level of power consumption during the cooling process and huge setup cost are two factors working as restrains of the growth of the market. Additionally, the backup plan for any outage could also be one of the factors which may negatively impact the market trend.



Market Segmentation:
The market of data centre cooling is globally segregated by means of infrastructure of cooling, Technique, systems and geography



From the perspective of Cooling Infrastructure:
There would make great hype for cooling system (Dual Feed) during the tenure of forecast. Cooling infra has two major divisions: systems of cooling and other related infrastructure. With the cooling system having secured the largest share in 2017, expected to grow around 5% CAGR for the forecast period as well. Dual water feeds have already got a great deal of preference across various data centres. Additionally, water treatment plants on-site will only help boost the market share. Moreover, the ever-increasing IT-Load will only help in achieving more revenue for the Data centre cooling market.



From the Perspective of Cooling Technique:
Evaporative cooling technique for systems and increment in the usage of economizer are two aspects which are going to play pivotal role in the market of data centre cooling. Based on different kinds of cooling techniques, data center market is divided in two parts: Cooling based on air and liquid. In 2017, the largest market shared was secured by cooling systems that are air-based; it is expected to clock a 7% CARG during the period of forecast.



Free cooling solutions and CRAC are going to be most-sought after cooling solutions in IT facilities across the world.



From the perspective of Cooling Systems:
There is a growing trend to accept 2N CRAC and CRAG cooling units and this trend is going to boost the global market for Data Center Cooling. Below are some of the categories of cooling systems for data center facilities:



  • CARH & CRAC

  • Cooling Towers

  • Chillers

  • Economizers

  • Evaporative Cooling units

  • Dry cooling units


The important thing to note in this aspect is the fact that the segment consisting of CARH and CRAC had topped the market in 2017 and expected to register a CAGR of almost 5% during the period of forecast. The two primary driving force behind the growing adoption rate of CARH & CRAC are hyper scale deployment and mega IT facilities.



Regional Analysis:
According to the Data Center Cooling Market Forecast, the regional market is estimated to grow with a significant rate of CAGR during the assessment period. The regional analysis of the data center cooling market can be done for the following regions-



  • North America

  • Europe

  • Asia-Pacific

  • Rest of the world


As per the expectation, North America may contribute the most with 40% of the overall revenue for the forecast period. The US market is expected to register an increasing CAGR of 3% during the tenure of forecast. It is likely to hold the biggest Data Center Cooling Market Size  of regional market. The primary source of revenue comes from States like Virginia and Texas. During the peak winter and summer, usage of techniques like economizer or evaporative cooling systems, the overall market for Data Center Cooling system will get a new high.



However, as per the prediction, the fastest growing market for Data Center cooling is going to be the Asia-Pacific region. The growing use of IoT in Consumer electronics and Smartphones is one of the reasons this region will get greatly impacted. Demand for wearable devices in several countries like Japan, South Korea, India can also play a big role to creating more scope for the global market for Data Center cooling systems.



Data Center Cooling Market Key Players:
There are various organizations who have significant amount of Data Center Cooling Market Share and going to play an important part in deciding the way forward for the market of data center cooling; below are the prominent competitors in the market:



  • Fujitsu, Ltd. (Japan)

  • The Mitsubishi Group (Japan)

  • Rittal GmbH & Co. KG (Germany)

  • 4energy (UK)

  • Hitachi, Ltd (Japan)

  • Schneider Electric SE (France)

  • Degree controls (US)

  • HP Development company, L.P. (US)

  • Wakefield-Vette, Inc. (US)

  • 3M (US)

  • IT Aire, Inc (US)

  • Cloudside intelligent data centers (US)

  • The Herico Companies LLC (US)

  • Asetek A/S (Denmark)

  • Vertiv Co. (US)


Recent Development:


The recent launch of Vertiv VRC-S, by Vertiv Holdings Co.; it’s a rack cooling system with integrated equipments related to infrastructure support.

There was a collaboration between Hewlett Packard Enterprise and Asetek to create a data center cooling solution of premium quality.

These are encouraging developments for the Data Center Cooling systems and the overall scope of its rising demand in the market.



Report Overview:
This report will give an in-depth analysis of the data Centre Cooling market with regional analysis, different segments, Challenges, the driving factors for the market growth alongside recent developments which may impact the global market in a big way.

Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2023: USD 17 Billion
  • 2030: USD 24.86 Billion

    		•
      CAGR   10.31% (2018-2030)
      Base Year   2019
      Forecast Period   2020-2030
      Historical Data   2018
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Components, Cooling Type, Service, Organization Size and Vertical
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   Fujitsu, Ltd. (Japan), Asetek A/S (Denmark), The Mitsubishi Group (Japan), Schneider Electric SE (France), Rittal GmbH & Co. KG (Germany), Hitachi, Ltd. (Japan), 4energy (UK), 3M (US), Degree Controls (US), Wakefield-Vette, Inc. (US), HP Development Company, L.P. (US), The Heico Companies LLC (US), Vertiv Co. (US), IT Aire, Inc. (US), Cloudsite Intelligent Data Centers (US)
      Key Market Opportunities   rise in the construction of data centers globally, the demand for cooling solutions is also gaining pace
      Key Market Drivers

  • improving efficiency in data centers
  • rising awareness regarding green data centers
  • increasing data center construction in the Asia-Pacific region

    		•


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    Frequently Asked Questions (FAQ) :

    Rising demand for optimum efficiency of datacenters is projected to drive market growth.

    The data center cooling market is anticipated to register 10.31% CAGR over the review period.

    The data center cooling market is poised to accrue a valuation of USD 24.86 Billion by 2030.

    Asia Pacific is poised to register the fastest growth in the global data center cooling market.

    By cooling type, liquid and air are the segments of the data center cooling market.