Data Center Cooling Market Size to Reach USD 28.3631 Billion, With an 10.50% CAGR by 2030 – Report by Market Research Future (MRFR)

Market Research Future Insights:

According to MRFR analysis, the Data Center Cooling Market is expected to register a CAGR of 10.50% from 2023 to 2030 and hold a value of over USD 28.3631 billion by 2030.

The data center cooling market refers to the industry that provides solutions and technologies to maintain optimal operating conditions for data centers. Data centers generate a significant amount of heat due to the high-performance computing equipment, and therefore require cooling systems to maintain the temperature and humidity levels within acceptable ranges. The market is driven by the increasing demand for data centers due to the growing adoption of cloud computing, big data analytics, and other digital services.

The pandemic has also highlighted the importance of ensuring the health and safety of data center personnel. Data center cooling systems play a critical role in maintaining the temperature and humidity levels required for reliable operation, and operators have had to implement new protocols to ensure the safety of their staff while maintaining uptime.

Key Players:

Some of the key market players are:

• Fujitsu Ltd. (Japan)
• Asetek A/S (Denmark)
• The Mitsubishi Group (Japan)
• Schneider Electric SE (France)
• Rittal GmbH & Co. KG (Germany)
• Hitachi Ltd. (Japan)
• 4energy (UK)
• 3M (US)
• Degree Controls (US)
• Wakefield-Vette Inc. (US)
• The Heico Companies LLC (US)

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Scope of the Report – Data Center Cooling Market:

Market Segmentation:

The Data Center Cooling Market has been segmented into type, component and size.

Based on the component, the market has been segmented into Chillers, Economizer and Server Cooling.

Based on the type, the market has been segmented into Liquid and Air.

Based on the size, the market has been segmented into SMEs and Large Enterprises.

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Regional Analysis:

North America is currently the largest region of the data center cooling market. This is due to the presence of a large number of data centers in the region, particularly in the United States, where major tech companies have their headquarters and data centers. The demand for data center cooling solutions in North America is driven by the rapid growth of digital services, such as cloud computing, big data analytics, and the Internet of Things (IoT).

Browse In-depth Market Research Report (110 Pages, Charts, Tables, Figures) Data Center Cooling Market –

https://www.marketresearchfuture.com/reports/data-center-cooling-market-1913

Europe is another significant market for data center cooling solutions, driven by the growth of digital services and the increasing demand for cloud computing and data storage. The region is also focused on energy efficiency and sustainability, driving the adoption of more energy-efficient cooling solutions in data centers.

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