Dublin, Nov. 18, 2020 (GLOBE NEWSWIRE) — The “Data Center Cooling Market – Growth, Trends, Forecasts (2020 – 2025)” report has been added to ResearchAndMarkets.com’s providing.
The information middle cooling market was valued at USD 8.07 billion in 2019 and is predicted to succeed in a price of USD 16.62 billion by 2025 at a CAGR of 12.5% through the forecast interval 2020-2025.
There has been a surge within the variety of information facilities attributable to excessive computational necessities by AI and Media functions. Furthermore, the expansion goes to be fuelled by the adoption of edge computing and the rise within the variety of IoT units.
Development in IT Infrastructure in rising international locations is driving the market. The growing development of hyperscale amenities with an influence capability of over 50 MW will gas the necessity for revolutionary infrastructure out there over the subsequent few years globally in developed international locations. According to the National Association of Software and Services Companies (NASSCOM), IT exports from India might exceed USD 330 billion by 2019-20. This accounts for practically 14% of the projected worldwide spend if India maintains its present share of the worldwide offshore IT market.
The estimates by varied sources recommend that the info middle accounts for two% to five% of the worldwide Green House Gas (GHG) emissions. The cooling programs are answerable for virtually 40% of the ability consumption in a knowledge middle. Companies are attempting to sort out this subject by organising Green information facilities which use Free air cooling programs as an alternative of conventional Air conditioners. The rising developments towards the deployment of inexperienced information facilities for storing, managing, and distributing data helped many software program firms cut back vitality consumption and the full vitality price.
As the hyperscale suppliers roll out their providers extra extensively throughout the Europe area, the speed of hyperscale procurement of information middle capability in lots of different European cities would improve quickly. Hence, markets, similar to Madrid, Milan, Warsaw, and Zurich would witness a considerable improve in colocation exercise. Equinix introduced a brand new three way partnership with GIC to develop and function hyperscale information facilities within the Europe area. For the previous a few years, an vital pattern has been the growth of large-scale amenities to help the expansion of hyperscale firms, together with the biggest cloud service suppliers.
However, adaptability necessities and energy outages are difficult the market to develop.A typical information middle cooling system should be pre-engineered, standardized, and modular. It is required to be scalable and versatile to satisfy the wants of the info middle. This could be very troublesome in immediately’s world with firms trying to minimize prices and never keen to spend a lot on the high-end custom-made cooling programs.
Key Market Trends
Information Technology Industry to Witness Highest Growth
- The IT trade wants on-premise non-public information storage facilities and hyperscale information facilities for its operations in line with the scale of the group. Additionally, the adoption of cloud storage has elevated over time attributable to development in SaaS suppliers, which is enabling cloud storage suppliers to develop their capacities and is predicted to extend the demand for information middle cooling programs.
- Cloud storage suppliers, like Microsoft, AWS, and Google, are increasing their storage capabilities to supply extra environment friendly work-flow on the cloud. These firms are making investments in hyperscale offers. In May 2018, Google introduced that it was adopting liquid cooling programs for AI information crunching, as the warmth generated its new tensor processing models (TPUs) exceeded the boundaries of its earlier information middle cooling options.
- Moreover, CloudHQ acknowledged that, by 2022, the trade is predicted to get the 350-megawatt storage campuses. In 2018, the corporate signed a 72-megawatt lease in Ashbum, which is the biggest within the information middle historical past.
- In February 2018, the second-largest grocery chain in America, Albertsons Companies, introduced the adoption of cloud storage service from Microsoft to enhance the retail expertise. With this, the corporate deliberate to leverage the cognitive analytics, AI, and information science capabilities from Microsoft. Such developments amongst prime retailers are anticipated to launch new information middle institutions which is able to drive the demand of information middle cooling market.
The information middle cooling market is fragmented as the advantages supplied by the know-how and help from the federal government by imposing effectivity laws on information facilities are anticipated to straight assist the expansion of the info middle cooling market. Market penetration is rising with a robust presence of main gamers in established markets and with the growing give attention to innovation, the demand for brand spanking new applied sciences is rising, which, in flip, is driving investments for additional developments. Key gamers are Vertiv Co., Schneider Electric SE, STULZ GMBH, and so forth.
Key Topics Covered:
2 RESEARCH METHODOLOGY
Three EXECUTIVE SUMMARY
Four MARKET DYNAMICS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness – Porter’s Five Forces Analysis
4.4 Market Drivers
4.4.1 Increasing Volume of Digital Data
4.4.2 Emergence of Green Data Centers
4.5 Market Restraints
4.5.1 Adaptability Requirements and Power Outages
5 MARKET SEGMENTATION
5.1.1 Air cooled
5.1.2 Liquid cooled
5.1.4 Economizer Systems
5.1.5 Row/Rack/Door/Overhead Cooling Systems
5.2.1 Installation and Deployment
5.2.2 Consulting, Support, and Maintenance Services
5.3 End-user Vertical
5.3.1 Information Technology
5.3.6 Other End-user Verticals
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Major Vendors
126.96.36.199 Daikin Industries, Ltd.
188.8.131.52 Schneider Electric S.E.
184.108.40.206 Mitsubishi Electric Corporation
220.127.116.11 Johnson Controls International plc
18.104.22.168 Asetek, Inc.
6.1.2 Other Vendors
22.214.171.124 STULZ GMBH
126.96.36.199 Rittal GmbH & Co. KG
188.8.131.52 Nortek Air Solutions
184.108.40.206 Vertiv Co.
220.127.116.11 Munters Group AB
7 INVESTMENT ANALYSIS
Eight MARKET OPPORTUNITIES AND FUTURE TRENDS
For extra details about this report go to https://www.researchandmarkets.com/r/a868dg
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