Data Centre Cooling Market Growth Rate Analysis 2018 to 2023


Posted May 25, 2018 by CmrSaif

The Data Centre Cooling Market was worth USD 5.44 billion in 2014 and is expected to reach approximately USD 18.79 billion by 2023

 
Crystal Market Research added a new latest industry research report that focuses on Data Centre Cooling market and provides in-depth Global Data Centre Cooling market analysis and future prospects of Data Centre Cooling market 2018.

The Data Centre Cooling Market was worth USD 5.44 billion in 2014 and is expected to reach approximately USD 18.79 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 14.77% during the forecast period.

To access complete report with TOC: https://www.crystalmarketresearch.com/report/data-center-cooling-market .

Industry Outlook and Trend Analysis:
The quick development of structured and unstructured data alongside the expanding demand for cloud computing is foreseen to impel the worldwide server farm cooling market development over the forecast. Data centre cooling solution is used for maintaining environmental conditions that are suitable for information technology equipment (ITE) operation. This technology evacuates the heat created by the ITE and exchanges that warmth to warm sink. In this way, without a suitable cooling system, data centres are unable to work productively and may result in system failure. Hence, rising number of data centres is assessed to affect the development of the server farm cooling market over the conjecture time frame.

Product Outlook and Trend Analysis:
The air conditioner fragment rose as leading product section in the worldwide data centre cooling industry and represented more than 30.0% of the general income in 2015. Air conditioners provide gives various benefits, for example, minimal investment, ease of installation, and low maintenance. These can be installed in existing server rooms with no issue, because of which the portion caught significant share of the overall industry in recent couple of years. Nonetheless, air conditioner requires regular maintenance, which brought about lost share of the market over the conjecture time frame.

Competitive Insights:
The leading players in the market are Climaveneta, Vertiv Co, KyotoCooling, Air Enterprises, Schneider Electric, Asetek and Rittal. Major players embrace different development techniques including mergers and acquisitions and joint dares to withstand competition. Moreover, proficient adaptation to regularly advancing client needs is another key system embraced to manage competition.

Application Outlook and Trend Analysis:
The telecom business caught the biggest share of the overall industry and is additionally anticipated that would develop at the speediest rate over the gauge time frame. The rising telecommunication infrastructure needs proportionate data storage facilities to deal with the colossal measure of information bringing about advancement of new data centres, which thusly in anticipated that would move the market development of data centre cooling solutions.

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Regional Outlook and Trend Analysis:
North America developed as a market pioneer and represented 40% of the aggregate share of the overall industry in 2015. The area is anticipated to develop at tremendous CAGR; this development is attributed to the existence of high number of colocation offices and data centre service providers. The United States market is foreseen to encounter slow development in comparison with alternate areas inferable from the movement of server farm offices to different districts, for example, Canada and the Nordic nations.

The Data Centre Cooling Market is segmented as follows-
By Product:
Precision air conditioners
Air handling units
Air conditioners
Chillers

By Application:
Retail
BFSI
Telecom & IT
Healthcare
Energy
Others

By Region
North America
U.S.
Canada
Mexico

Europe
Germany
UK
France
Russia
Italy
Rest of Europe

Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific

South America
Brazil
Argentina
Columbia
South Africa
Rest of South America

Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA

Research Methodology:
We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Market Classification
Data Center Cooling Market, By Application, Estimates and Forecast, 2014-2023 ($Million)
Telecom & IT
Retail
Healthcare
BFSI
Energy
Other Applications

Data Center Cooling Market, By Product, Estimates and Forecast, 2014-2023 ($Million)
Air conditioners
Precision air conditioners
Chillers
Air handling units

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Data Centre Cooling market based on product and application. It also provides market size and forecast till 2023 for overall Data Centre Cooling market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.

If any requirement, please visits: https://www.crystalmarketresearch.com/send-an-enquiry/IC05754 .

Also, key Data Centre Cooling market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

Reason to Buy:

Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the Data Centre Cooling market, thereby allowing players to develop effective long term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Continued…

About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customised research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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Issued By saif bagwan
Country United States
Categories Advertising , Business
Last Updated May 25, 2018