The data center cooling market is seeing a robust growth in the recent years with recent trends and technological advancements.
Data Center Cooling Market Overview
In todays world of technology, even a minor breakdown in data center operations can bring disaster for enterprises. A data center is a facility with servers, networked computers and more components that businesses use to manage, store, and distribute a large volume of data.
In order to function properly, such centers need a cool environment, as the excessive heat generated by the components can ruin the systems. Thus, data center cooling systems come into play.
They help in maintaining the temperature of the components and control humidity inside the data center.
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The growth is driven by factors such as increasing number of data centers, increasing use of cloud services, growth in big data, and stringent government regulations. However, high cost associated with the installation of data cooling systems, high electricity consumption, and carbon emission are hindering the growth of the market.
The data center cooling market is segmented on the basis of solutions, components, services, end users, verticals, and geography. By solutions, the market is bifurcated into Precision Air Conditioning (PAC) and Precision Air Handling Unit (PAHU).
By components, the market is divided into chiller and air conditioners. The service segment is divided into managed services and OEM services.
On the basis of end users, the market is segmented into large-scale enterprise, medium size enterprise, and small-scale enterprise. By vertical, the market is divided into telecom & IT, healthcare, retail, BFSI, energy, and others.
Regionally, the market has been analyzed across geographies such as North America, Europe, Asia-Pacific, and LAMEA.
The prominent players that provide solutions in the data center cooling sector include Emerson Electric, Schneider Electric, International Business Machines Corporation, Hitachi, Ltd., HP Development Company, L.P., AdaptivCOOL, Rittal GmbH & Co. KG, and Stulz USA.
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A detailed analysis of current and future trends in the market explains the imminent investment pockets in this region
The report provides information about the key drivers, restraints, and opportunities with impact analysis
Porter's Five Forces model and a SWOT analysis of the industry demonstrate the capacity of the buyers & suppliers operating in the market
Quantitative analysis of the current market and estimations from 2014-2020 are provided to exhibit the financial appetency of the market
The report provides an in-depth analysis of the entire market regarding type of data center cooling, solutions, component, service, end-user, verticals, and geography to enable stakeholders to take precise investment decisions
Value chain analysis provides a deeper understanding of the roles of stakeholders involved in the value chain
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