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United States Data Center Cooling Market Forecast Report by Solution, Services, Cooling Types, Cooling Technology, Data Center Types, Industry and Company Analysis 2024-2032

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    Report

  • 95 Pages
  • November 2024
  • Region: United States
  • Renub Research
  • ID: 6026797
The United States Data Center Cooling market is expected to reach US$ 4.37 Billion in 2023 to US$ 14.49 Billion by 2032, with a CAGR of 14.26% from 2024 to 2032. The market size is expected to expand at a promising rate due to the swift rise in data generation and the consequent increase in demand for data centers. Numerous IT companies will need to rely on big data analytics to boost operational efficiency while protecting their data as the number of connected devices rises and Industry 4.0 standards continue to develop.

United States Data Center Cooling Overview

Data centers are important building blocks that allow any firm to centralize networking, data storage, and data backups. The enormous volume of data that businesses generate is driving rising demand for the computer network's surge computing capability. This has additionally led to a rise in the data centers' energy usage, raising concerns for the businesses' finances and the environment. These worries may have made optimized data center cooling solutions necessary.

Due to a number of important factors, the data center cooling market has grown significantly in recent years. United States data center expansion is a result of the rising need for big data analytics, cloud computing, and artificial intelligence. The technology within these data centers generates more heat as they get bigger and more complicated, which emphasizes the critical need for effective cooling solutions.

The market's growth can be ascribed to the United States government's substantial investments in data center cooling enterprises. For example, in May 2023, Nvidia received a USD 5 million grant from the U.S. Department of Energy (DOE) to create a data center cooling solution. The method uses low-GWP refrigerants and environmentally acceptable per- and polyfluorinated alkyl substances (PFAs) in combination with two-phase direct-to-chip and immersion cooling approaches.

Nvidia's funding is part of the DOE's COOLERCHIPS program (Cooling Operations Optimized for Leaps in Energy, Reliability and Carbon Hyper efficiency for Information Processing Systems), which has released funds to federal programs run by Intel Corporation, research centers, universities, Flexnode, L.P., and HP Development Company. Nvidia has contributed more than any other company to a DOE initiative with their USD 5 million award.

Growth Drivers for the United States Data Center Cooling Market

The need for the U.S. data center cooling business to grow is being driven by the growing usage of big data analytics and cloud computing.

The need for data centers is rising due in large part to the growing usage of cloud computing and big data analytics, which is also propelling the expansion of the data center cooling market in the United States. Businesses need strong data centers to store, handle, and analyze the massive amounts of data they generate as more shift their activities to the cloud. Effective cooling systems are necessary to maintain ideal operating temperatures, avoid overheating, and guarantee the equipment's dependable operation because these data centers produce a lot of heat.

The demand for data center cooling services in the US is rising as a result of the crucial requirement for effective and scalable cooling solutions. Further driving the need for creative and affordable cooling solutions is the growing tendency in the U.S. data center cooling market toward the construction of smaller, dispersed data centers nearer to end users, which is a result of the emergence of edge computing.

Growing AI Adoption Will Increase Demand for Cutting-Edge Cooling Systems

Hyperscale data center sizes are expected to rise dramatically as a result of the AI sector. Although hyperscale data center development has not been entirely offset by current AI investments, in the next six years, it is anticipated that the capacity of these data centers - particularly for AI workloads - will nearly treble.

Artificial Intelligence (AI) is becoming more popular, particularly for New York-based financial applications. In order to understand financial use cases and get ready for the required rules, the New York Department of Financial Services is buying a supercomputer.

With the increasing use of AI workloads, liquid cooling is becoming more and more significant. An effective way to cool down powerful computers and dense hardware sets is through liquid immersion and greater warmth caused by higher rack densities in data centers.

United States Data Center Cooling Company Analysis

The major participants in the United States Data Center Cooling market includes Schneider Electric SE, Stulz GmbH, Rittal GmbH & Co. KG, Vertiv Group Corp., Asetek A/S, Hitachi, Coolcentric., Emerson Electric, Netmagic.

United States Data Center Cooling Company News

In January 2024, the debut of Aligned Data Centers' DeltaFlow liquid cooling technology was announced. Aligned Data Centers is a technological infrastructure firm that provides creative and adaptable Scale Data Centers and Build-to-Scale solutions for global hyper-scale and enterprise customers.

In November 2023, in order to meet the increased demand for quick deployment of computing, Vertiva, a global provider of key digital infrastructure and continuity solutions, introduced Vertiv SmartMod Max CW, a prefabricated modular data center.

In October 2023, ThermalWorks, an Endeavour company, has announced the global launch of its cutting-edge waterless cooling system designed for the rapidly evolving data center market.

In October 2023, EM DC 3152/3150/315, 3220, 3235 Super, 3250, 1150, and 1210 (AP) are among the data center immersion cooling fluids that ExxonMobil introduced at the Open Compute Project (OCP) Global Summit in San Jose, California.

Solution- Industry is divided into 7 viewpoints:

1. Air Conditioning
2. Chilling Units
3. Cooling Towers
4. Economizer Systems
5. Liquid Cooling Systems
6. Control Systems
7. Others

Services- Industry is divided into 3 viewpoints:

1. Consulting
2. Installation and Deployment
3. Maintenance and Support

Cooling Types- Industry is divided into 3 viewpoints:

1. Room-Based Cooling
2. Row-Based Cooling
3. Rack-Based Cooling

Cooling Technology- Industry is divided into 2 viewpoints:

1. Liquid-Based Cooling
2. Air-Based Cooling

Data Center Types- Industry is divided into 3 viewpoints:

1. Mid-Sized Data Centers
2. Enterprise Data Centers
3. Large Data Centers

Industry- Industry is divided into 8 viewpoints:

1. BFSI
2. IT and Telecom
3. Research and Educational Institutes
4. Government and Defense
5. Retail
6. Energy
7. Healthcare
8. Others

All companies have been covered with 5 Viewpoints

1. Overviews
2. Key Person
3. Recent Developments & Strategies
4. Product Portfolio & Product Launch in Last 1 Year
5. Revenue

Company Analysis

1. Schneider Electric SE
2. Stulz GmbH
3. Rittal GmbH & Co. KG
4. Vertiv Group Corp.
5. Asetek A/S
6. Hitachi
7. Emerson Electric
8. Netmagic

Table of Contents

1. Introduction2. Research Methodology3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. United States Data Center Cooling Market
6. Market Share Analysis
6.1 By Solution
6.2 By Services
6.3 By Cooling Types
6.4 By Cooling Technology
6.5 By Data Center Types
6.6 By Industry
7. Solution
7.1 Air Conditioning
7.2 Chilling Units
7.3 Cooling Towers
7.4 Economizer Systems
7.5 Liquid Cooling Systems
7.6 Control Systems
7.7 Others
8. Services
8.1 Consulting
8.2 Installation and Deployment
8.3 Maintenance and Support
9. Cooling Types
9.1 Room-Based Cooling
9.2 Row-Based Cooling
9.3 Rack-Based Cooling
10. Cooling Technology
10.1 Liquid-Based Cooling
10.2 Air-Based Cooling
11. Data Center Types
11.1 Mid-Sized Data Centers
11.2 Enterprise Data Centers
11.3 Large Data Centers
12. Industry
12.1 BFSI
12.2 IT and Telecom
12.3 Research and Educational Institutes
12.4 Government and Defense
12.5 Retail
12.6 Energy
12.7 Healthcare
12.8 Others
13. Porters Five Forces
13.1 Bargaining Power of Buyer
13.2 Bargaining Power of Supplier
13.3 Threat of New Entrants
13.4 Rivalry among Existing Competitors
13.5 Threat of Substitute Products
14. SWOT Analysis
14.1 Strengths
14.2 Weaknesses
14.3 Opportunities
14.4 Threats
15. Key Players Analysis
15.1 Schneider Electric SE
15.1.1 Overviews
15.1.2 Key Person
15.1.3 Recent Developments & Strategies
15.1.4 Product Portfolio & Product Launch in Last 1 Year
15.1.5 Revenue
15.2 Stulz GmbH
15.2.1 Overviews
15.2.2 Key Person
15.2.3 Recent Developments & Strategies
15.2.4 Product Portfolio & Product Launch in Last 1 Year
15.2.5 Revenue
15.3 Rittal GmbH & Co. KG
15.3.1 Overviews
15.3.2 Key Person
15.3.3 Recent Developments & Strategies
15.3.4 Product Portfolio & Product Launch in Last 1 Year
15.3.5 Revenue
15.4 Vertiv Group Corp.
15.4.1 Overviews
15.4.2 Key Person
15.4.3 Recent Developments & Strategies
15.4.4 Product Portfolio & Product Launch in Last 1 Year
15.4.5 Revenue
15.5 Asetek A/S
15.5.1 Overviews
15.5.2 Key Person
15.5.3 Recent Developments & Strategies
15.5.4 Product Portfolio & Product Launch in Last 1 Year
15.5.5 Revenue
15.6 Hitachi
15.6.1 Overviews
15.6.2 Key Person
15.6.3 Recent Developments & Strategies
15.6.4 Product Portfolio & Product Launch in Last 1 Year
15.6.5 Revenue
15.7 Coolcentric.
15.7.1 Overviews
15.7.2 Key Person
15.7.3 Recent Developments & Strategies
15.7.4 Product Portfolio & Product Launch in Last 1 Year
15.7.5 Revenue
15.8 Emerson Electric
15.8.1 Overviews
15.8.2 Key Person
15.8.3 Recent Developments & Strategies
15.8.4 Product Portfolio & Product Launch in Last 1 Year
15.8.5 Revenue
15.9 Netmagic
15.9.1 Overviews
15.9.2 Key Person
15.9.3 Recent Developments & Strategies
15.9.4 Product Portfolio & Product Launch in Last 1 Year
15.9.5 Revenue

Companies Mentioned

  • Schneider Electric SE
  • Stulz GmbH
  • Rittal GmbH & Co. KG
  • Vertiv Group Corp.
  • Asetek A/S
  • Hitachi
  • Emerson Electric
  • Netmagic

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

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