Europe Data Centre Cooling Market, By Type (Enterprise Data Centre, Edge Data Centre), Solutions (Air Conditioning, Chilling Units, Cooling Towers, Economizer System, Liquid Cooling System, Computer Room Air Conditioning (CRAC) & Computer Room Air Handler(CRAH), Control Units, Others), Service (Consulting & Training, Installation & Deployment, Maintenance & Support), Cooling Type (Room Based Cooling, Rack Based Cooling, Row Based Cooling), Organization Size (Large Organization Size, Small & Medium Organization), – Industry Trends and Forecast to 2029
Market Analysis and Size
Data centre cooling has been widely used by data centre operators in recent years due to its numerous benefits, including energy efficiency, cost effectiveness, and environmental friendliness. The rise in the number of data centres has resulted in an increase in the use of 4G LTE networks. The government of various countries backs the technology because of its benefits.
Data Bridge Market Research analyses that the data centre cooling market was valued at USD 9010.13 million in 2021 and is expected to reach the value of USD 26432.56 million by 2029, at a CAGR of 14.4% during the forecast period of 2022 to 2029.
Market Definition
Data centre cooling is defined as the collection of tools, processes, equipment, and techniques that aid in maintaining an ideal operating temperature within a data centre facility. Cooling solutions are used by data centre operators to keep temperatures in data centres within a safe range. Data centres operate efficiently 24 hours a day, seven days a week to process massive amounts of data.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Enterprise Data Centre, Edge Data Centre), Solutions (Air Conditioning, Chilling Units, Cooling Towers, Economizer System, Liquid Cooling System, Computer Room Air Conditioning (CRAC) & Computer Room Air Handler(CRAH), Control Units, Others), Service (Consulting & Training, Installation & Deployment, Maintenance & Support), Cooling Type (Room Based Cooling, Rack Based Cooling, Row Based Cooling), Organization Size (Large Organization Size, Small & Medium Organization)
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Countries Covered
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U.K, Germany, France, Netherlands, Italy, Russia, Spain, Switzerland, Turkey, Belgium and Rest of Europe
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Market Players Covered
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Schneider Electric (France), Vertiv Group Corp. (US), STULZ GMBH (Germany), Eaton (Ireland), FUJITSU (Japan), Rittal GmbH & Co. KG (Germany), DAIKIN APPLIED (US), Black Box (US), ALFA LAVAL (Sweden), Nortek Air Solutions (US), AIREDALE AIR CONDITIONING LTD. (UK), 3M (US), Coolcentric (US), Delta Power Solutions (India), EcoCooling (UK)
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Opportunities
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Data Centre Cooling Market Dynamics
Drivers
Energy consumption in the data centres
The increase in the consumption in the data centres is one of the major factors driving the growth of the data centre cooling market. Data centre owners are addressing the cost issue created by the high energy consumption by deploying effective and economical cooling solutions.
Rising construction of hyper scale data centres
The rise in the construction of hyper-scale data centres across the globe to store massive amounts of data accelerates the market growth. An increase in consumer data among leading cloud service providers escalating the demand for hyper scale data centres.
Government Initiatives
The increase in government initiatives in the form of massive investments and funds to reduce carbon footprints from high-power density facilities also has an impact on the market. Companies' operators are investing heavily in innovative data centre cooling technologies in order to maintain ideal and efficient operating conditions.
Opportunities
Furthermore, the emergence of liquid cooling technology and the need for a modular data centre cooling approach expand profitable opportunities for market participants from 2022 to 2029. Innovative cooling techniques will also help to expand the market.
Restraints
High investment costs and the need for specialised infrastructure, on the other hand, are expected to stymie market growth. Additionally, reduced carbon emissions and cooling issues during power outages are expected to challenge the data centre cooling market during the forecast period of 2022-2029.
This data centre cooling market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the data centre cooling market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Data Centre Cooling Market
The COVID-19 has impacted data centre cooling market. High investment costs and the need for specialised infrastructure, on the other hand, are expected to stymie market growth. Additionally, reduced carbon emissions and cooling issues during power outages are expected to challenge the data centre cooling market during the forecast period of 2022-2029.
Recent Developments
- Vertiv Holdings Co. will release the Vertiv VRC-S in September 2020. The technology consists of a rack that is linked to infrastructure support equipment. The product includes a rack power distribution unit (rPDU), Vertiv VRC self-contained rack cooling system, and a rack power distribution unit (rPDU) and encloses a standard-sized IT rack.
- In July 2020, Asetek collaborated with Hewlett Packard Enterprise (HPE). The collaboration aims to provide HPE Apollo Systems with premium data centre liquid cooling solutions. These systems are density-optimized and high-performance systems designed to meet the needs of artificial intelligence (AI) and high-performance computing (HPC).
Europe Data Centre Cooling Market Scope
The data centre cooling market is segmented on the basis of type, solutions, cooling type, service and organization size. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Enterprise Data Centre
- Edge Data Centre
Solutions
- Air Conditioning
- Chilling Units
- Cooling Towers
- Economizer System
- Liquid Cooling System
- Computer Room Air Conditioning (CRAC)
- Computer Room Air Handler CRAH) Control Units
- Others
Service
- Consulting and Training
- Installation and Deployment
- Maintenance And Support
Cooling Type
- Room Based Cooling
- Rack Based Cooling
- Row Based Cooling
Organization Size
- Large Organization
- Small And Medium Organization
Data Centre Cooling Market Regional Analysis/Insights
The data centre cooling market is analysed and market size insights and trends are provided by country, type, solutions, cooling type, service and organization size as referenced above.
The countries covered in the data centre cooling market report are U.K, Germany, France, Netherlands, Italy, Russia, Spain, Switzerland, Turkey, Belgium and Rest of Europe.
Germany accounted for the largest market share due to the country's large number of data centres, which increased demand for data centre cooling products.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Data Centre Cooling Market Share Analysis
The data centre cooling market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to data centre cooling market.
Some of the major players operating in the data centre cooling market are:
- Schneider Electric (France)
- Vertiv Group Corp. (US)
- STULZ GMBH (Germany)
- Eaton (Ireland)
- FUJITSU (Japan)
- Rittal GmbH & Co. KG (Germany)
- DAIKIN APPLIED (US)
- Black Box (US)
- ALFA LAVAL (Sweden)
- Nortek Air Solutions (US)
- AIREDALE AIR CONDITIONING LTD. (UK)
- 3M (US)
- Coolcentric (US)
- Delta Power Solutions (India)
- EcoCooling (UK)
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