NEW
YORK, July 24, 2024 /PRNewswire/ -- The global
data center cooling solutions market size is estimated to grow by
USD 51.08 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of almost 31.71% during the forecast period. Increased demand
for data centers is driving market growth, with a trend
towards greater use of HPC. However, environmental
concerns poses a challenge. Key market players include Aermec
S.p.A., Airedale Air Conditioning Ltd., AIRSYS Refrigeration
Engineering Technology Co. Ltd., Alfa Laval AB, Asetek, Black Box
Ltd., Chilldyne, Citec International, Daikin Industries Ltd., Data
Aire Inc., Delta Electronics Inc., Engineered Fluids Inc., Green
Revolution Cooling Inc., Midas Immersion Cooling, Mitsubishi
Electric Corp., Motivair Corp., Nortek, Schneider Electric SE,
STULZ GmbH, and Vertiv Holdings Co..
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Application (Air
conditioning, Economizers, Cooling towers, Chillers, and Others),
Technique (Air-based cooling and Liquid-based cooling), and
Geography (APAC, North America, Europe, Middle East and Africa, and
South America)
|
Region
Covered
|
APAC, North America,
Europe, Middle East and Africa, and South America
|
Key companies
profiled
|
Aermec S.p.A., Airedale
Air Conditioning Ltd., AIRSYS Refrigeration Engineering Technology
Co. Ltd., Alfa Laval AB, Asetek, Black Box Ltd., Chilldyne, Citec
International, Daikin Industries Ltd., Data Aire Inc., Delta
Electronics Inc., Engineered Fluids Inc., Green Revolution Cooling
Inc., Midas Immersion Cooling, Mitsubishi Electric Corp., Motivair
Corp., Nortek, Schneider Electric SE, STULZ GmbH, and Vertiv
Holdings Co.
|
Key Market Trends Fueling Growth
The High Performance Computing (HPC) market is experiencing
significant growth due to the increasing demand for product
innovation and economic competitiveness. HPC systems, which deliver
efficient computing through a cluster of processors, are primarily
used for scientific and engineering applications. These systems
have higher computing performance than general-purpose computers,
measured in floating-point operations per second (FLOPS), and are
essential for solving complex problems in fields such as physical
simulations, weather forecasting, quantum mechanics, and molecular
modeling. The global HPC market is being driven by the growing use
of big data and cloud computing solutions, which have led to an
increase in the demand for data centers. Data centers support HPC
by enabling parallel processing with better reliability,
efficiency, and scalability through enhanced cooling systems.
Cloud-based HPC systems are particularly attractive to Small and
Medium Enterprises (SMEs) due to their low initial investment
requirements. As HPC systems incorporate tens of thousands of
processors, they generate significant heat. To maintain optimal
performance, data centers require efficient cooling systems, such
as in-rack and in-row cooling solutions. Modern data centers also
offer cloud-based services and virtualization to support HPC
infrastructure. Data center operators must ensure 99% service
availability to meet the demands of HPC vendors. To achieve this,
they require high-performance data center power components. The
increasing use of HPC will continue to drive the demand for data
centers, and thus, data center power components during the forecast
period.
The Data Center Cooling Solutions market is experiencing
significant growth due to increasing data protection needs and
power interruptions. Traditional air conditioners are being
replaced by precision air conditioners and liquid cooling equipment
for better efficiency and scalability. Cloud-based services, IT and
telecom, manufacturing, healthcare, energy and utilities, and
colocation service providers are major consumers. Advanced cooling
techniques like room-based, row-based, and rack-based cooling are
trending, with airflow paths and cooling expenses being key
considerations. Energy-efficient data centers are a priority, with
liquid cooling, intelligent power distribution, and monitoring
systems gaining popularity. Advanced features like artificial
intelligence, automation, incident response, and recovery
procedures are essential for ensuring safety and minimizing cooling
issues during power outages. Cooling solutions must be flexible and
secure to accommodate load conditions and support the growing
demand for data generation from OTT platforms, streaming services,
cloud services, big data, and connected devices.
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Market Challenges
- Data centers face numerous environmental challenges that impact
their operations worldwide. Fluctuating temperatures, extreme
humidity, and high atmospheric dust are common issues, particularly
in regions with adverse climatic conditions. To address these
concerns, data center operators must employ humidity controllers
tailored to local requirements, capable of reacting to sudden
environmental changes. Dust and airborne particles can cause
mechanical failure in cooling fans and disrupt I/O port
connectivity, while excessive gas emissions and noise levels pose
additional challenges. As the demand for data center capacity
increases globally, organizations are investing in new facilities
to store and process growing amounts of data from advanced
technologies like cloud computing, big data, and IoT. However,
this growth comes with rising IT costs and carbon emissions,
primarily from the operation of IT servers, generators, building
shells, and cooling systems, as well as the use of non-renewable
energy sources. Microsoft, for instance, has reduced the use of
diesel generators to make its data centers more sustainable and
less reliant on the utility grid. Environmental concerns, including
carbon emissions, pose a significant threat to the growth of the
global data center cooling solutions market during the forecast
period.
- The Data Center Cooling Solutions market is facing challenges
due to temperature surges, requiring advanced row/rack-based
cooling and precision cooling capabilities. Future-proof solutions
are essential for medium-sized enterprises undergoing digital
transformation and adopting cloud computing services, AI-driven
applications, and centralized storage. Energy consumption and
carbon emissions are key concerns, necessitating energy-efficient
and environmentally sustainable cooling systems. Data center
operators must address heat dissipation, networking, computing
capacity, authentication, and infrastructure components, including
servers, network switches, power distribution units, and storage
devices. Data backup, archiving, authorization, and IT hardware
infrastructures also require consideration. Low-power-consuming
cooling techniques, such as AI and Industry 4.0 innovations, are
essential for optimizing energy savings, carbon savings, and space
utilization. Tech companies and data center managers must focus on
energy efficiency, power density, rack power densities, heat
generation, and data center deployments to meet the demands of the
digital age.
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Segment Overview
This data center cooling solutions market report extensively
covers market segmentation by
- Application
- 1.1 Air conditioning
- 1.2 Economizers
- 1.3 Cooling towers
- 1.4 Chillers
- 1.5 Others
- Technique
- 2.1 Air-based cooling
- 2.2 Liquid-based cooling
- Geography
- 3.1 APAC
- 3.2 North America
- 3.3 Europe
- 3.4 Middle East and
Africa
- 3.5 South America
1.1 Air conditioning- Data centers require specialized
cooling solutions to maintain optimal operating conditions for IT
equipment. Precision air conditioning units, such as Computer Room
Air Handlers (CRAH) and Computer Room Air Conditioning (CRAC)
units, play a crucial role in managing temperature and humidity.
CRAH units, which use water-chilled systems, are suitable for large
data centers, while CRAC units, with mechanical refrigeration, are
ideal for moderate-sized facilities. Precision air conditioners,
including these units, offer precise temperature and humidity
control, higher efficiency, and lower power consumption compared to
comfort air conditioners. The increasing heat density in data
centers due to high-performance computing infrastructure and
virtualization will drive the adoption of precision air
conditioners. New data center constructions and renovations will
further fuel market growth. Despite the initial higher cost of
chilled water systems, the reduction in air conditioner prices and
the need for efficient cooling solutions will ensure steady revenue
growth during the forecast period.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
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The global Data Center Liquid Immersion Cooling market is poised
for significant growth, driven by rising data processing needs and
energy efficiency demands. In parallel, the Data Center Mechanical
Construction market is expanding due to the increasing complexity
of data center infrastructure and the need for robust cooling and
power solutions. Additionally, the Data Center Rack PDU market is
experiencing growth as businesses seek advanced power distribution
units to support high-density server environments. Collectively,
these markets reflect the evolving landscape of data center
technology and infrastructure.
Research Analysis
The Data Center Cooling Solutions market is witnessing
significant growth due to the increasing demand for data-intensive
applications, cloud computing, and digital services. IT
infrastructure requires efficient cooling solutions to manage heat
dissipation, especially with the rise of AI-driven applications and
energy-consuming servers, network switches, and colocation
services. Pre-engineered cooling modules and advanced cooling
techniques are becoming popular for their energy efficiency and
ability to handle high data traffic and load conditions.
Centralized storage, networking, and computing capacity also
require cooling solutions to ensure optimal performance. Power
management is a crucial factor in data centers, and cooling
solutions must be designed to minimize energy consumption. Data
generation from various sources, including OTT platforms and
streaming services, further increases the need for effective
cooling solutions.
Market Research Overview
The Data Center Cooling Solutions market is witnessing
significant growth due to the increasing demand for data-intensive
applications, cloud computing, and digital services. With the IT
industry's rapid expansion, IT infrastructure requirements are
surging, leading to an increase in power consumption and heat
dissipation. In the 5G internet era, data traffic is expected to
increase exponentially, putting additional pressure on data centers
to maintain optimal temperatures. Cooling technologies such as
pre-engineered cooling modules, precision cooling capabilities, and
low-power-consuming techniques are gaining popularity to improve
energy efficiency and environmental sustainability. The market is
also witnessing the adoption of future-proof cooling solutions that
can handle high power densities and rack power densities.
Medium-sized enterprises are increasingly investing in digital
transformation, leading to an increase in data center deployments.
Cooling expenses are a significant portion of data center operating
costs, making energy savings and carbon savings crucial. The market
is also witnessing the adoption of AI-driven applications for
predictive maintenance and optimization of cooling systems. Data
center operators are focusing on space utilization, power
interruptions, and data protection to ensure business continuity.
The market is witnessing the adoption of cooling systems such as
air conditioners, precision air conditioners, liquid cooling, and
room-based, row-based, and rack-based cooling solutions. Industry
4.0, IoT, and cloud-based services are also driving the market's
growth. Energy efficiency, environmental sustainability, and carbon
emissions are critical considerations for data center managers. The
market is witnessing the adoption of plug-in systems, centralized
storage, networking, and infrastructure components to optimize
cooling expenses. Outsourcing data center operations to colocation
service providers and web hosting companies is also on the rise to
reduce capital expenditures and improve operational efficiency.
Energy savings and carbon savings are essential for tech companies
to reduce their carbon footprint and meet sustainability goals. The
market is witnessing the adoption of cooling systems that use
renewable energy sources and liquid cooling equipment. The market
is also witnessing the adoption of cooling systems that use natural
cooling methods such as airflow paths and evaporative cooling. The
market is witnessing the adoption of cooling systems that use
renewable energy sources and natural cooling methods such as
airflow paths and evaporative cooling. Data center workload, power
density, and heat generation are critical factors driving the
market's growth. The market is also witnessing the adoption of
cooling systems that use artificial intelligence (AI) for
predictive maintenance and optimization of cooling systems. The
market is witnessing the adoption of cooling systems that use
artificial intelligence (AI) for predictive maintenance and
optimization of cooling systems. Data center cooling solutions are
essential for IT and telecom, manufacturing, healthcare, energy and
utilities, and web hosting industries. The market is also
witnessing the adoption of cooling systems that use renewable
energy sources and natural cooling methods such as airflow paths
and evaporative cooling. The market is witnessing the adoption of
cooling systems that use renewable energy sources and natural
cooling methods such as airflow paths and evaporative cooling. Data
center cooling solutions are essential for IT and telecom,
manufacturing, healthcare, energy and utilities, and web hosting
industries. The market is also witnessing the adoption of cooling
systems that use AI for predictive maintenance and optimization of
cooling systems, reducing power interruptions and improving energy
efficiency. The market is witnessing the adoption of cooling
systems that use AI for predictive maintenance and optimization of
cooling systems, reducing power interruptions and improving energy
efficiency. Data center cooling solutions are essential for IT and
telecom, manufacturing, healthcare, energy and utilities, and web
hosting industries. The market is also witnessing the adoption of
cooling systems that use renewable energy sources and natural
cooling methods such as airflow paths and evaporative cooling,
ensuring environmental sustainability and reducing cooling
expenses.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- Air Conditioning
- Economizers
- Cooling Towers
- Chillers
- Others
- Technique
-
- Air-based Cooling
- Liquid-based Cooling
- Geography
-
- APAC
- North America
- Europe
- Middle East And Africa
- South America
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
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Technavio's comprehensive coverage, extensive research, and
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and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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