Data Center Cooling Market Poised for Robust Growth, forecasted to Expand at 13.8% CAGR from 2024-30

MarkNtel Advisors has released its latest report highlighting strong growth in The Global Data Center Cooling Market size was valued at USD 12.35 billion in 2023 and is estimated to grow at a CAGR of around 13.8% during the forecast period, i.e., 2024-30.

Report Coverage: Size, Scope and Share

This report offers a comprehensive analysis of the Data Center Cooling Market, providing valuable insights across historical trends, current dynamics, and future forecasts.

• Base Year: 2023
• Forecast Years: 2024-30
• Historical Years: 2019-22

How big is Data Center Cooling Market?

The upward trajectory of the data center cooling industry is driven by a surge in the creation and consumption of data worldwide. The proliferation of bandwidth-heavy applications, cloud computing models, and Internet-of-Things (IoT) devices has led to heightened workloads for data centers, spurring demand for cutting-edge cooling solutions that deliver optimal performance while minimizing energy usage without damaging the environment.

What factor drive Data Center Cooling market growth during 2024-30?

Rising Numbers of Data Center Deployments Boosting the Market Expansion – There has been a notable surge in the number of data center deployments owing to the increasing demand for additional storage to store large volumes of data that have been generated regularly. Also, due to the proliferation of data centers, there has been a surge in energy usage and subsequent heat production.

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How Data Center Cooling Market Are Segmented?

The Data Center Cooling is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Solution

• Air Conditioning- Market Size & Forecast 2019-2030, (USD Million)
• Chilling Units- Market Size & Forecast 2019-2030, (USD Million)
• Cooling Towers- Market Size & Forecast 2019-2030, (USD Million)
• Economizer Systems- Market Size & Forecast 2019-2030, (USD Million)
• Liquid Cooling Systems- Market Size & Forecast 2019-2030, (USD Million)
• Control Systems- Market Size & Forecast 2019-2030, (USD Million)
• Others (Air Handling, Heat Rejection, etc.)- Market Size & Forecast 2019-2030, (USD Million)

By Service

• Consulting- Market Size & Forecast 2019-2030, (USD Million)
• Installation & Deployment- Market Size & Forecast 2019-2030, (USD Million)
• Maintenance & Support- Market Size & Forecast 2019-2030, (USD Million)

By Type of Data Center

• Mid-sized Data Centers- Market Size & Forecast 2019-2030, (USD Million)
• Enterprise Data Centers- Market Size & Forecast 2019-2030, (USD Million)
• Large Data Centers- Market Size & Forecast 2019-2030, (USD Million)

By Type of Cooling

• Room-based Cooling- Market Size & Forecast 2019-2030, (USD Million)
• Row/Rack Cooling- Market Size & Forecast 2019-2030, (USD Million)

By Verticals

• BFSI- Market Size & Forecast 2019-2030, (USD Million)
• IT & Telecom- Market Size & Forecast 2019-2030, (USD Million)
• Retail- Market Size & Forecast 2019-2030, (USD Million)
• Healthcare- Market Size & Forecast 2019-2030, (USD Million)
• Research & Educational Institutes- Market Size & Forecast 2019-2030, (USD Million)
• Energy- Market Size & Forecast 2019-2030, (USD Million)
• Government & Defense- Market Size & Forecast 2019-2030, (USD Million)
• Others- Market Size & Forecast 2019-2030, (USD Million)

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

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Who is the leader in the Data Center Cooling market?

By MarkNtel Advisors the Top Data Center Cooling manufacturer/companies globally are Modine, STULZ Gmbh, Vertiv Group Corp., Fujitsu, Black Box, Green Revolution Cooling Inc., Submer, Asperitas, Iceotope Technologies Limited, Dug Technology, DCX Liquid Cooling Systems, Rittal Gmbh & Co. Kg,, Schneider Electric, Asetek, Inc., Nortek Air Solutions, Llc, Others as key players shaping the market landscape.

What are latest advancement in the Data Center Cooling sector?

• 2024: Modine announced its acquisition of the intellectual property and distinct assets of TMG Core for the expansion of its data center cooling business on a large scale. TMG Core specializes in single- and two-phase liquid immersion cooling technology tailored for data centers with demanding high-density computing needs.
• 2023: Vertiv, a leading provider of critical digital infrastructure and continuity solutions worldwide, has acquired CoolTera Ltd., which specializes in providing coolant distribution infrastructure for data center liquid cooling technology. This acquisition will reinforce Vertiv's capabilities to facilitate large-scale deployment of AI and further expand its ability to cater to the demands of global data center clients.
• 2023: STULZ GmbH announced the launch of its Micro Data Centre, a single rack, all-in-one micro data center solution that combines power protection and distribution, monitoring, cooling, and management with fire protection and security.

Why This Research Report:

• In-depth Market Analysis: Understand trends and dynamics shaping growth.
• Segmented Insights: Target specific segments for focused strategies.
• Regional Performance: Assess market opportunities by geographic area.
• Emerging Technologies: Discover advancements like AI integration.
• Risk Identification: Pinpoint challenges to inform strategic planning.
• Future Forecasts: Prepare for market changes with actionable projections.

Need tailored data? We offer customized forecasts by region, product segmentation, and competitive intelligence upon request — now with an exclusive special pricing offer – Customized Link

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