The data center cooling market refers to the industry that provides cooling solutions for data centers, which are facilities used to house computer systems and related equipment, such as telecommunications and storage systems. The cooling solutions are necessary to regulate the temperature and humidity within the data center, as the computer systems generate a lot of heat, which can damage the equipment if not managed properly.

The data center cooling market is expected to continue to grow over the next few years, driven by the increasing demand for data storage and processing, as well as the need for more efficient and sustainable cooling solutions. The global data center cooling market size was valued at USD 9.4 billion in 2020 and is projected to reach USD 24.86 Billion by 2030, growing at a CAGR of 10.31% during the forecast period.

Key Players

Some of the key players in the market include Schneider Electric, Vertiv Co., Airedale International Air Conditioning, and Black Box Corporation.

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Market Segmentation

The global data center cooling market can be segmented based on various factors, including type of cooling, component, service, application, and region. Here's a brief overview of the market segmentation:

By Type of Cooling: Air Conditioning, Chillers, Cooling Towers, Economizers, Evaporative Coolers, Others

By Component: Air Conditioners, Chillers, Cooling Towers, Economizers, Servers, Others

By Service: Consulting, Installation & Deployment, Maintenance & Support

By Application: BFSI, IT and Telecom, Government and Defense, Healthcare, Energy, Others

By Region: North America, Europe, Asia-Pacific, Middle East & Africa

South AmericaThe market segmentation based on type of cooling is primarily based on the technology used for cooling the data center, such as air conditioning, chillers, cooling towers, economizers, evaporative coolers, and others.

The segmentation based on components includes air conditioners, chillers, cooling towers, economizers, servers, and others. The segmentation based on services includes consulting, installation & deployment, and maintenance & support.

The segmentation based on application includes BFSI, IT and telecom, government and defense, healthcare, energy, and others. This segmentation is based on the different industries that use data centers for their operations.

Finally, the segmentation based on region includes North America, Europe, Asia-Pacific, Middle East & Africa, and South America. This segmentation is based on the geographic regions where the data center cooling market operates.

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Regional Analysis

The global data center cooling market is segmented into various regions, including North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Here's a brief overview of the regional analysis of the data center cooling market:

North America: The North American market for data center cooling is expected to dominate the global market, owing to the presence of several leading data center service providers, such as Microsoft, Google, and Amazon, among others. Additionally, the increasing demand for cloud-based services, big data analytics, and IoT is driving the growth of the market in this region.

Europe: The European market for data center cooling is also expected to witness significant growth during the forecast period, driven by the increasing demand for data storage and processing and the growing adoption of cloud computing and other data-intensive applications. Moreover, the government initiatives to promote digitalization and reduce carbon emissions are also driving the adoption of more efficient and sustainable cooling solutions.

Asia-Pacific: The Asia-Pacific region is expected to witness the highest growth in the data center cooling market during the forecast period, driven by the growing IT industry, increasing data center investments, and government initiatives to promote digitalization. Additionally, the rising demand for cloud-based services, big data analytics, and IoT is further boosting the growth of the market in this region.

Middle East & Africa: The Middle East & Africa region is also expected to witness significant growth in the data center cooling market during the forecast period, owing to the increasing demand for cloud-based services, rising investments in data center infrastructure, and government initiatives to promote digitalization.

South America: The South American market for data center cooling is also expected to witness moderate growth during the forecast period, driven by the increasing demand for data storage and processing and the growing adoption of cloud computing and other data-intensive applications. Moreover, the government initiatives to promote digitalization and reduce carbon emissions are also driving the adoption of more efficient and sustainable cooling solutions.

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