Environmental Protection Agency (EPA) Standards for Data Center cooling. A 2014 survey of data center managers in IT, finance, and other mid-level firms in North America, the majority of which owned their data centers, found that 76 percent ranked energy efficiency as important or very important when investing in new data center facilities.
The article cited AMA's "Global Data Center Cooling Market Study" explored CAGR of 15.5%. According to the report, Liquid Cooling Solutions such as Immersion System is one of the primary growth factors for the market. Growing demand for cost-effective data centers solutions and services coupled with the rise in eco-friendly cooling technologies and a large amount of data load at data centers are some of the key factors driving the demand of the data center cooling market.
is also expected to contribute significantly to the Data Center Cooling market. Overall, applications of Data Center Cooling, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Services, such as Installation and Deployment, is boosting the Data Center Cooling market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Solutions, such as Computer Room Air Handler (CRAH), is boosting the Data Center Cooling market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Technology, such as Air-based Cooling (Cold Aisle/Hot Aisle), is boosting the Data Center Cooling market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Industry Vertical, such as IT and Telecom, is boosting the Data Center Cooling market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Data Center Size, such as Mid-sized Data Centers, is boosting the Data Center Cooling market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Data Center Cooling market identified that the demand is rising in many different parts of the world as "Growing Technological Advancements such as Artificial Intelligence, Edge Computing Deployments, and Datacenter smart assistant
". Furthermore, some recent industry insights like "On December 10, 2019, GRC (Green Revolution Cooling), the leader in immersion cooling for data centers, has announced that it is increasing operations in the Asian market with the opening of offices in New Delhi, India on January 1, 2020." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Data Center Cooling market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Data Center Cooling market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Data Center Cooling market size is calculated using market estimation process, the Data Center Cooling market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Data Center Cooling market size has been validated using both top-down and bottom-up approaches.