Market Analysis and Insights: North America Data Center Cooling Market
Data center cooling market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 14.7% in the forecast period of 2020 to 2027 and expected to reach USD 11,940.81 million by 2027. The increasing count of data centers requiring energy saving solution and smart infrastructure are major factors for the market growth.
This Data Center Cooling Market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Data Center Cooling Market Country Level Analysis
Data center cooling market is analysed and market size information is provided by country, type, solutions, service, cooling type and organization size.
The countries covered in the North America data center cooling market report are U.S., Canada and Mexico.
The U.S. is dominating the data center cooling market due to supporting infrastructure and strong product offering by the solution providers. North America data center cooling market is growing due to the increasing adoption of IoT technology in business which is generating demand for increased data storage and supporting strong network connectivity solution is further boosting market growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, and regulatory acts analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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North America Data Center Cooling Market Scope and Market Size
North America Data center cooling market is segmented on the basis of type, solutions, service, cooling type and organization size. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· On the basis of type, the market is segmented into enterprise data center and edge data center. In 2020, enterprise data center is dominating the market owing to the strong demand for higher capacity and centralized data center with advanced security features. The companies in North American generates enormous of data owing to strong digitalisation rate which creates strong need of enterprises data center cooling solution.
· On the basis of solutions, the market is segmented into air conditioning, chilling units, cooling towers, economizer system, liquid cooling system, computer room air conditioning (CRAC) & computer room air handler CRAH) control units, others. In 2020, air conditioning segment is dominating the market as air conditioner provides cold air to reduce the temperature of facility and maintain adequate temperature. The air conditioner product offering has been improved in past few years by offering more energy saving products. New products such as custom, precision and others air conditioners are offering improved efficiency which increasing its demand in the North American market.
· On the basis of service, the market is segmented into consulting & training, installation & deployment, maintenance & support. In 2020, consulting & training accounted largest market share due to the major demand to meet the new emission standards set by government companies are looking for consulting solution. The new technologies need strong analytical skilled sources hence training of existing or new sources services is gaining more demand or becoming mandate activity for the data center operations.
Competitive Landscape and Data Center Cooling Market Share Analysis
Data center 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, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to data center cooling market.
The major players covered in the report are Schneider Electric, Vertiv Group Corp., STULZ GMBH, Eaton, FUJITSU, Airedale Air Conditioning (A Subsidiary of MODINE MANUFACTURING COMPANY), ALFA LAVAL, ASETEK, INC., Black Box Corporation, BladeRoom Group Ltd, Coolcentric, Daikin Applied (A Subsidiary of DAIKIN INDUSTRIES, Ltd.), Delta Power Solutions, Grundfos Pumps Corporation (A Subsidiary of GRUNDFOS), Instor, Nortek Air Solutions, LLC, nVent, Rittal GmbH & Co. KG, Submer, and 3M among others domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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