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Global Data canter Cooling Market Size

Global Data Center Cooling Market size was valued at USD 13439.62 million in 2021 and is poised to grow from USD 15737.80 million in 2022 to USD 56145.9 million by 2030, at a CAGR of 17.1% during the forecast period (2023-2030).

Swetachakraborty
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Global Data canter Cooling Market Size

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  1. Global Data canter Cooling Market Size, Share, Growth Analysis, By Product By Application By Containment By Structure - Industry Forecast 2023-2030 Global Data Canter Cooling Market size was valued at USD 13439.62 million in 2021 and is poised to grow from USD 15737.80 million in 2022 to USD 56145.9 million by 2030, at a CAGR of 17.1% during the forecast period (2023-2030). It is anticipated that future investments and the rising need for energy-efficient data centers will open up new growth opportunities. In order to fulfill the escalating demand, a number of managed and cloud service providers in the market are preparing expansions. Additionally, the hyper-scale data center market is expanding. An organization is increasing their investments in new data center construction due to the ubiquity of cloud services, the increasing importance of big data, and the increased penetration of connected devices. Over the next eight years, all of these variables are expected to favor the need for data center cooling. As a result, an increase in the number of data center facilities around

  2. the world would directly affect the need for cooling solutions. The pandemic's increased spending on IT infrastructure is paving the way for new and expanded data center facilities to be built all over the world. Additionally, by offering a higher level of automation, software-based data centers also help the business expand. Building data center facilities that enable scalability, security, and flexibility was further necessitated by a shift towards digital transformation during the pandemic. As a result of the increase in new data center facility investments, the demand for the data center cooling industry is expected to grow. However, it is projected that the development of the data center cooling business will be constrained by the requirement for specialized infrastructure and high investment costs for setting up and maintaining these data center systems. Over the projected period, it is also anticipated that cooling problems during power outages and lower carbon emissions will provide difficulties for the data center cooling business.

  3. Furthermore, data centers are a hub for all essential IT infrastructure in a variety of industries, including manufacturing, BFSI, retail, healthcare, etc. The need to manage massive volumes of data while providing networking capabilities is the primary driver of data center expenditures in these sectors. But in order to keep the system up and working nonstop, data centers need cooling solutions because they generate a lot of heat. Any data center facility must therefore give data center cooling solutions top priority.

  4. Global Data Center Cooling Market Segmental Analysis The global data center cooling market is segmented based on product, application, containment, structure, and region. In terms of product, the market is segmented into air conditioners, precision air conditioners, chillers, air handling units, and others. Based on application, the market is segmented into telecom, it, retail, healthcare, BFSI, energy, and others. Based on containment, the market is segmented into raised floor with containment, and raised floor without containment. Based on structure the market is segmented into rack-based cooling, row-based cooling, and room-based cooling. Region wise, the global data center cooling market is segmented into North America, Europe, Asia-Pacific, South America, and MEA. View-More https://www.skyquestt.com/report/data- center-cooling-market Top Player’s Company Profiles in Global Data Center Cooling Market

  5. •Schneider Electric SE •Vertiv Co. •Eaton Corporation plc •Rittal GmbH & Co. KG •Airedale International Air Conditioning Ltd. •STULZ GmbH •Asetek A/S •Coolcentric •Black Box Corporation •ClimateWorx International Inc. •Delta Electronics Inc. •Fujitsu Limited •Hewlett Packard Enterprise Development LP •IBM Corporation •Johnson Controls International plc •Mitsubishi Electric Corporation •Nortek Air Solutions LLC •Siemens AG •Trane Technologies plc •Vigilent Corporation

  6. About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. Address: 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 617-230-0741 Email: sales@skyquestt.com LinkedIn Facebook Twitter

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