The Data Center Cooling market is expected to rise from US$14.63 billion in 2023 to US$49.56 billion by 2032, at a CAGR of 14.52% during the period from 2024 to 2032. Such growth can be attributed to energy-efficient data centers and increasing interest in sustainable initiatives as well as cloud computing to manage and store data.
Global Data Center Cooling Overview
Data center cooling refers to systems and technologies used in data centers to cool servers and another IT equipment. They do produce lots of heat, and overheating causes failure or shutdown of the system. Available cooling solutions comprise advanced accessible or evaporative cooling technologies besides liquid cooling and air conditioning, all of which maintain a stable environment.
First and foremost, cooling in data centers keeps the IT infrastructure at safe temperatures so performance is well taken care of and all hardware's life span is elongated. Power consumption lowers with effective cooling which then goes ahead to make data centers sustainable and cheaper. The more vibrant use of cloud computing and full data storage will require even more energy-efficient cooling solutions because of high demand for keeping large amounts of digital information globally.
Growth Drivers for the Data Center Cooling Market
Growing Demand for Energy-Efficient Data Centers
In this age of heavy dependence on data processing and storage, energy-efficient data centers are a growing demand. These centers require advanced cooling technologies to tackle the heat generated due to the highly dense servers. Optimal performance without the consumption of much energy will help in bringing down operational costs and increasing overall efficiency. As sustainability goals get more pronounced, data centers and business owners spend money on cooling solutions that would cater to a lower environmental footprint but remain at peak efficiency. This trend is significantly driving the growth of the data center cooling market. Feb 2024, Edged Energy, a carbon-neutral data center subsidiary of Endeavor launched its first four US facilities designed for high-density AI workloads in waterless cooling and efficient energy systems.
Expansion of Cloud Computing and Data Storage
Cloud computing and data storage are also growing at a fast pace other than this factor. Such growth in server loads directly translates to greater energy demands and heat generation, and therefore requires effective cooling solutions that guarantee system reliability and performance as companies continue to move operations into the cloud, requiring tremendous amounts of data center capacity to process and store. In September 2023, Google Cloud announced that it will expand its number of cloud regions across the Asia-Pacific (APAC).
Rising Emphasis on Sustainability and Green Initiatives
The focus is quite alarming for various industries, such as data centers. Governments, corporates, and customers are asking for greener solutions. Data centers do not fall out of this new change. The cooling system contributes vastly in making a data center greener. Liquid and free cooling innovations are enhancing data center energy savings and emission reduction by introducing energy-efficient and environmentally friendly cooling techniques. Gradually, sustainable and green initiatives are growing, which is fostering demand for novel cooling technologies that support these needs.
Canada Data Center Cooling Market
Growing demand for green and more efficient cooling solutions has urged the Canada Data Center Cooling market to increase rapidly. Data consumption in Canada and cloud computing are on the increase; thus, there is an enhanced need for cooling systems in data centers. The factors driving this market include energy-efficient technologies, government sustainability initiatives, and concerns over the operational cost. Innovations such as liquid and free cooling will hold the promise of being an important enabler of expansion into the market. The Canada data center cooling market is expected to grow by focusing on bringing in minimal environmental impact. In September 2024, Vertiv launched the Liebert XDU liquid cooling distribution unit into the Canada market, offering up to 450kW of cooling for applications like AI and ML in high-density computing.
France Data Center Cooling Market
The France data center cooling market is highly growing based on consumption for data and the increasing use of the cloud. With data centers playing a more crucial role in businesses, the cooling solution must be efficient enough to deal with heat so that performance is optimum. There are cooling technologies used by France, which rely largely on energy-efficient and eco-friendly methods to save on operating costs as well as create an almost minimal carbon footprint. Advanced systems comprising both liquid and free cooling are becoming very popular. The call from the government in France in addition pushes for innovation in cool data center solutions. Hexanet is expanding its Reims Data Center in September 2024.
India Data Center Cooling Market
India Data Center Cooling Market Increasing Demand for Storage and Cloud Computing Services-C Kenny Mehta, Business Unit Head This market is growing at a rapid pace on account of increasing demand for storage and cloud computing services. As the two sides, the business and consumers, are generating more data, efficient cooling solutions which can handle heavy server loads without letting the servers overheat become an urgent need. Data center expansion, energy-efficient system demand, and environmental sustainability are the three major drivers of the market. Advanced cooling technologies like liquid and free cooling are becoming extremely popular, thus supporting the goals of India to consume less energy and carbon. In long-term, these factors propel growth in the Indian market. On July 2024, Contabo unveiled its new data center launched in India
Saudi Arabia Data Center Cooling Market
As the country invests heavily in digital transformation and smart city projects, the demand for efficient and reliable cooling solutions in data centers to maintain the optimal performance of servers is witnessed. The high temperature in Saudi Arabia alone is a explanation for using advanced cooling technology such as liquid and free cooling. Moreover, the governments' increasing focus on sustainability and energy efficiency helps beareen-friendly and energy-efficient cooling solutions in data centers across the country. New data center projects announced by Saudi Data and Artificial Intelligence Authority to be located in Riyadh, data and AI focus Jul 2024.
Data Center Cooling Company Analysis
The major participants in the Data Center Cooling market includes Stulz GmbH, Rittal GmbH & Co. KG, Vertiv Group Corp., Asetek A/S, Alfa Laval AB, Coolcentric., Emerson Electric, Fujitsu, Hitachi, Netmagic.
Data Center Cooling Company News
In September 2024, Data Master Data Center Cooling Hose was introduced by Gates, a global producer of innovative, highly engineered power transmission and fluid power solutions.
In August 2024, the data center Cooling System Optimizer was launched in the US by UK-based critical systems cooling expert Airedale. The site's building management system (BMS) and the chiller and CRAH product controls are separated by the optimizer, an intelligent control layer.
In June 2024, in partnership with Iceotope, the oil and gas company Petronas Lubricants International introduced a new data center cooling fluid.
In March 2024, the Rear Door Cooling Device was created by data center cooling expert Boreas Technology and is intended for high-density settings. With this breakthrough, 50 kW of precise cooling is possible. The rear door cooling device offers industry-leading standards, sustainability, and efficiency. Additionally, it permits excellent heat management for cabinets that are anticipated to function in data centers at high densities and capacities.
In January 2024, the intellectual property and other particular assets of TMG Core, a leader in single- and two-phase liquid immersion cooling technology for data centers with high-density computing requirements, were acquired by Modine, a diversified worldwide provider of cutting-edge thermal management systems.
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
Countries- Industry is divided into 25 viewpoints:
North America
- United States
- Canada
Europe
- France
- Germany
- Italy
- Spain
- United Kingdom
- Belgium
- Netherlands
- Turkey
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Thailand
- Malaysia
- Indonesia
- New Zealand
Latin America
- Brazil
- Mexico
- Argentina
Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
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. Stulz GmbH
2. Rittal GmbH & Co. KG
3. Vertiv Group Corp.
4. Asetek A/S
5. Alfa Laval AB
6. Emerson Electric
7. Fujitsu
8. Hitachi
9. Netmagic
Table of Contents
Companies Mentioned
- Stulz GmbH
- Rittal GmbH & Co. KG
- Vertiv Group Corp.
- Asetek A/S
- Alfa Laval AB
- Coolcentric.
- Emerson Electric
- Fujitsu
- Hitachi
- 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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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 140 |
| Published | November 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 4.14 Billion |
| Forecasted Market Value ( USD | $ 8.16 Billion |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
