According to a new market report published by Credence Research, Inc., “Global Data Center Cooling Market (By Product (Air conditioners, Chillers, Cooling Towers, Economizers, and Other Equipment), By Cooling Technique (Air-based Cooling, and Liquid-based Cooling), By Cooling Architecture (Room, Rack, and Row)) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025”, the global data center cooling market is expected to witness strong growth during the forecast period 2017 – 2025.
Today, a data center and its infrastructure represent a key element of a business organization. A data center includes huge IT infrastructure and power equipment that are prone to high temperature. In order to maintain temperature and ensure efficient working of all IT equipment, cooling architecture has become an integral part of data centers. The global data center cooling market is anticipated grow with the rising number of data centers, especially in the developing regions worldwide. For example, Asia-Pacific is witnessing strong rise in the number of data centers.
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Countries such as China and India have revolutionized their IT infrastructure, brought about by virtualization, thereby influencing market demand in these countries. Another major trend influencing the market growth in the region is huge growth in the bandwidths from different ISPs. The explosion of data including voluminous video content, streaming services, and big data generation among others, has boosted demand for data centers and data center cooling equipment in recent years.
Digitization and advancements in cloud computing solutions is a fast moving trend. The clock speed of computing is continuously improving. The rise in computing power is consequently generating considerable amount of heat from equipment, gradually decreasing the efficiency of operational processes and endangering the whole infrastructure. Increased adoption of cloud-based services and big data analytics by government agencies, business enterprises, co-location providers, and telecommunication organizations has necessitated demand for data centers and hence the cooling infrastructure.
With growing concerns regarding greenhouse gas emission, green data centers are witnessing increasing adoption. Data center cooling solution vendors are focusing on developing innovative cooling technologies capable of limiting environmental impact by maximizing energy efficiency and minimizing power consumption in data centers. Several vendors are also entering into strategic partnerships with agencies and enterprises across the globe to provide state-of-the-art cooling infrastructure. Some of the leading players identified in the global data center cooling market include Emerson Network Power, IBM Corp., Hewlett-Packard Co., American Power Conversion Corporation, Coolcentric, Fujitsu Ltd., Rittal GmbH & Co. KG, Hitachi Ltd., Intel Corp. and Stulz A/C Solutions among others.