Data Center Cooling Solutions Market Growing at a CAGR of 9.95% During 2017 to 2021

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21 Mar, 2017, 17:00 GMT

PUNE, India, March 21, 2017 /PRNewswire/ --

According to the global data center cooling solutions market report, one of the major drivers for this market is need to reduce OPEX. Data center infrastructure has evolved considerably in the past few years owing to an increase in the use of modern technologies that has triggered the growth of application workloads in data centers. Despite extensive R&D in the data center space to bring about a reduction in OPEX, data center operators have struggled to develop an infrastructure that consumes less power and requires minimal maintenance.

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The global data center cooling solutions market was valued at USD 6 billion in 2016 and is expected to surpass USD 10 billion by 2021. The data center cooling solutions market analyst says the latest trend gaining momentum in the market is greater use of high-performance computing (HPC). The growing use of big data and cloud computing solutions has augmented the demand for data centers among enterprises across different industry verticals as they support HPC. Data centers also enable parallel processing with better reliability, efficiency, and scalability through the enhancement of power density and efficiency of cooling systems

The following companies are the key players in the global data center cooling solutions market: Airedale Air Conditioning, Climaveneta, Data Aire, Vertiv, Rittal, Schneider Electric, and STULZ.
Other prominent vendors in the market are: 4Energy, AERMEC, AIRSYS Refrigeration Engineering Technology (Beijing), Alfa Laval, Allied Control (BitFury Group), Asetek, Black Box Network Services (Black Box Corporation), CITEC International, ClimateWorx International, Colt International, Conteg, CoolIT Systems, Daikin Industries, Delta Power Solutions, ebm-papst, Ecosaire (IIS Group), Fuji Electric, Green Revolution Cooling, Huawei, Iceotope, Minkels, Motivair, Nortek Air Solutions, Swegon, Trane, and Wakefield-Vette (CoolCentric). Order a copy of Global Data Center Cooling Solutions Market 2017-2021 research report at http://www.reportsnreports.com/purchase.aspx?name=917337.

This market research and analysis estimates that in terms of geographical regions, APAC will be the major revenue contributor to the data center cooling solutions market by the end of the predicted period. The recent establishment of cloud data centers in countries such as Korea and India by Amazon Web Service and the rise in construction of data centers in China by companies such as Alibaba, China Unicom, China Mobile, and China Telecom, will drive increase the demand for data center cooling solutions in this region in the coming years.

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