North America Data Center Cooling Market to Reach US$ 7.9 Bn at a CAGR of 10.9% in 2027 | The Insight Partners

North America Data Center Cooling Market to 2027 - Regional Analysis and Forecasts by Cooling Type (Room- Based Cooling, Row-Based Cooling, and Rack-Based Cooling), Data Center Type (Enterprise, Colocation, Wholesale, and Hyperscale Data Centers), Industry Vertical (BFSI, Manufacturing, IT & Telecom, Media & Entertainment, Retail, Government & Defense, Healthcare, Energy, and Others), Offering (Solutions and Services), Component (Air Handling Units, Chillers, Cooling Towers, Air Conditioning Units, Humidifiers, Heat Exchangers, and Others)

Publication Month: Oct 2019 | Report Code: TIPRE00007020 | No. of Pages: 178 | Category: Technology, Media and Telecommunications | Status: Published

The North America data center cooling market is accounted to US$ 3.1 Bn in 2018 and is expected to grow at a CAGR of 10.9% during the forecast period 2019 – 2027, to account to US$ 7.9 Bn by 2027.

 

In the United States, during the years 1998 – 2010, the number of data centers increased from approximately 430 to 2,000 and the overall power usage of data centers experienced a doubling between the years 2000 – 2006. Managing data centers is becoming increasingly complex as the pressure to “Go Green” is being observed worldwide. Data center managers are faced with the challenge of consolidating power through virtualization, blade servers, more efficient power supplies, and several other methods.  With increasing number of data storage requirement globally, construction of data centers is also increasing across the world. This has led to increase in the growth of North America data center cooling market. As a result of this, the number of data centre cooling in these countries are expected to increase significantly. These factors are positively impacting on the growth of North America data center cooling market.

Exhibit: Lucrative Country North America Data Center Cooling Markets


 

 

Market Insights

Increase in data traffic leading to upsurge the demand for effective cooling solutions is bolstering the North America Data Centre Cooling Market

Rising penetration of connected devices and easy access to internet coupled with decreasing cost of internet services has resulted in the upsurge of demand for data storage worldwide. This is due to increasing demand for big data analytics and cloud-based services, such as online contents including movies, apps, videos and social media. This has resulted in cloud-based companies to deploy more IT space in their data centers. Several industries are exploring the cloud offerings and discovering the benefits of data center services to support their needs related to cloud. These developments are directly effecting the increase in Internet of Things (IoT) and data needs of the companies, thereby resulting in the increasing demand for data center cooling solutions to avoid overheating of the data centers, which is influencing the North America Data Center Cooling market to prosper during the forecast period.

 

Rising adoption of liquid cooling technology is enhancing the growth of North America Data Centre Cooling market

The liquid cooling solutions for data center cooling are creating a massive turbulence in the industry globally. The liquid cooling technology is the ideal solution to cater the requirements of the next gen data center. This technology provides various advantages over the legacy air cooling systems including lesser carbon footprint, lower TCO, better energy efficiency, higher reliability of server, and less noisy data centers among other advantages. Despite some of the cons of liquid cooling solutions including requirement of maintenance skills for liquid cooling solutions and high CAPEX cost, it is advantageous over the long run. The liquid cooling data centers around are witnessing around 20 – 30% reduction in the consumption of power, catering to the challenge of high power consumption in a data center. Thus, creating huge opportunity for the North America Data Centre Cooling Market in the forecast period.

 

North America Data Centre Cooling Market : Data Center Type Segment Insights

The colocation data centre segment captures more revenue share in the North America Data Centre Cooling market by data centre type. The demand for colocation services is giving a rise to construction of mega data centers as it offers economies of scale. Thus, it is anticipated that the colocation and cloud software as service products will increase in the coming years as well as drive the North America Data Centre Cooling market.

 

North America Data Centre Cooling Market : Industry Vertical Segment Insights

The North America Data Centre Cooling market by industry vertical is segmented into BFSI, manufacturing, IT & telecom, media & entertainment, retail, government & defense, healthcare, energy, and others. The characterization is based on the major sectors where data center finds majority of applications. Data center cooling are widely used among variety of industries. Major industries are deploying data centers to stay flexible as well to modernize their IT architecture to create key insights. Data centers help the enterprises to reduce their IT operational costs with secured IT infrastructure operations, increase their IT infrastructure capacity, reduce costs, standardize IT operations, and provide better efficiency. Thus, enhancing the North America Data Centre Cooling market in the forecast period.

 

Exhibit: Mexico Data Centre Cooling Market by Cooling Type


New market initiatives were observed as the most adopted strategy in the North America Data Centre Cooling market. Few of the recent market initiatives in the North America Data Centre Cooling market are listed below:

 

2019: Rittal and ABB Ltd enhanced their global partnership to drive digitalization in industrial applications. The partnership covers various products and services such as interruptible power supply (UPS), secure edge data center solutions with fire protection, edge data centers for OEM manufacturers, scalable modular data centers as well as new power container solutions.

 

2018: Hitachi Vantara, a wholly owned subsidiary of Hitachi, Ltd. unveiled its plan of enhancements to its Smart Data Center solution which elevate the usage of AI and real-time analytics to further its vision of optimizing all aspects of IT operations across data centers.

 

2017: Stulz launched Indoor chillers with intelligent adaption technology which generates cooling capacity of up to 100 kW. It has application across data center in medical technology or the process industry.

 

2016: Rittal introduced a new refrigerant based rack and row cooling solution named LCP DX. This solution uses the principle of heat removal from critical IT components like Data Centers and micro data centers. This new product is most suitable for small or medium-sized IT equipment for heat removal. Also, the cooling product is available in two models, i.e., as a Rack or as an In-line solution.

 

NORTH AMERICA DATA CENTRE COOLING MARKET SEGMENTATION

North America Data Centre Cooling Market - By Offerings

  • Solutions
  • Services

North America Data Centre Cooling Market - By Connectivity

  • Room-Based Cooling
  • Row-Based Cooling
  • Rack-Based Cooling

North America Data Centre Cooling Market - By Data Center Type

  • Enterprise
  • Colocation
  • Wholesale
  • Hyperscale Data Centers

North America Data Centre Cooling Market - By Industry Vertical

  • BFSI
  • Manufacturing
  • It & Telecom
  • Media & Entertainment
  • Retail
  • Government & Defense
  • Healthcare
  • Energy
  • Others

North America Data Centre Cooling Market - By Geography

  • North America
    • U.S.
    • Canada
    • Mexico

North America Data Centre Cooling Market - Company Profiles

  • Airedale air Conditioning
  • Asetek Inc.
  • Black Box Corporation
  • Carrier Corporation
  • Emerson Electric Co.
  • Fujitsu Ltd.
  • Hitachi Ltd.
  • Modine Manufacturing Company
  • Nortek Air Solutions
  • Rittal GmbH
  • Schneider Electric
  • Stulz GmbH
  • Trane
  • Vertiv Group Cor.   

1.              Introduction

1.1       Scope of the Study

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1       North America Data Center Cooling Market, By Cooling Type

1.3.2       North America Data Center Cooling Market, By Data Center Type

1.3.3       North America Data Center Cooling Market, By Industry Vertical

1.3.4       North America Data Center Cooling Market, By Offering

1.3.5       North America Data Center Cooling Market, By Component

1.3.6       North America Data Center Cooling Market, By Country

2.              Key Takeaways

3.              Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.              Data Center Cooling- Market Landscape

4.1       Market Overview

4.2       Ecosystem Analysis

4.3       North America - PEST Analysis

4.4       Premium Insights

4.4.1       Brief Outlook of Cooling Technologies used in Data Center Cooling

4.4.2       General Cooling Technologies

4.4.3       Advanced Cooling Technologies

4.4.4       List of Data Center Providers in North America

4.4.5       List of Component Suppliers in North America

5.              Data Center Cooling Market – Key Industry Dynamics

5.1       Market Drivers

5.1.1       Rapid growth in the number of data centers across the world

5.1.2       Increase in data traffic leading to increase in the demand for effective cooling solutions

5.2       Market Restraints

5.2.1       High Initial Costs

5.3       Opportunities

5.3.1       Proliferation of liquid cooling technology

5.4       Future Trends

5.4.1       Integration of advanced technologies and environmentally friendly systems

5.5       Impact Analysis of Drivers and Restraints

6.              North America Data Center Cooling Market Analysis – By Cooling Type

6.1       Overview

6.2       North America Data Center Cooling Market Breakdown, By Cooling Type, 2018 & 2027

6.3       Room-based Cooling

6.3.1       Overview

6.3.2       Room-based Cooling Market Revenue and Forecasts to 2027 (US$ Mn)

6.4       Rack-based Cooling

6.4.1       Overview

6.4.2       Rack-based Cooling Market Revenue and Forecasts to 2027 (US$ Mn)

6.5       Row-based Cooling

6.5.1       Overview

6.5.2       Row-based Cooling Market Revenue and Forecasts to 2027 (US$ Mn)

7.              North America Data Center Cooling Market Analysis – By Data Center Type

7.1       Overview

7.2       North America Data Center Cooling Market Breakdown, By Data Center Type, 2018 & 2027

7.3       Enterprise

7.3.1       Overview

7.3.2       Enterprise Market Revenue and Forecasts to 2027 (US$ Mn)

7.4       Colocation

7.4.1       Overview

7.4.2       Colocation Market Revenue and Forecasts to 2027 (US$ Mn)

7.5       Wholesale

7.5.1       Overview

7.5.2       Wholesale Market Revenue and Forecasts to 2027 (US$ Mn)

7.6       Hyperscale

7.6.1       Overview

7.6.2       Hyperscale Market Revenue and Forecasts to 2027 (US$ Mn)

8.              North America Data Center Cooling Market Analysis – By Industry Vertical

8.1       Overview

8.2       North America Data Center Cooling Market Breakdown, By Industry Vertical, 2018 & 2027

8.3       BFSI

8.3.1       Overview

8.3.2       BFSI Revenue and Forecasts to 2027 (US$ Mn)

8.4       Manufacturing

8.4.1       Overview

8.4.2       Manufacturing Revenue and Forecasts to 2027 (US$ Mn)

8.5       IT & Telecom

8.5.1       Overview

8.5.2       IT & Telecom Revenue and Forecasts to 2027 (US$ Mn)

8.6       Media & Entertainment

8.6.1       Overview

8.6.2       Media & Entertainment Revenue and Forecasts to 2027 (US$ Mn)

8.7       Retail

8.7.1       Overview

8.7.2       Retail Revenue and Forecasts to 2027 (US$ Mn)

8.8       Government & Defense

8.8.1       Overview

8.8.2       Government & Defense Revenue and Forecasts to 2027 (US$ Mn)

8.9       Healthcare

8.9.1       Overview

8.9.2       Healthcare Revenue and Forecasts to 2027 (US$ Mn)

8.10    Energy

8.10.1    Overview

8.10.2    Energy Revenue and Forecasts to 2027 (US$ Mn)

8.11    Others

8.11.1    Overview

8.11.2    Others Revenue and Forecasts to 2027 (US$ Mn)

9.              North America Data Centre Cooling Market –  By Offering

9.1       Overview

9.2       Solutions

9.2.1       North America Solutions Market Revenue and Forecasts to 2027 (US$ Mn)

9.3       Services

9.3.1       North America Services Market Revenue and Forecasts to 2027 (US$ Mn)

10.           North America Data Centre Cooling Market –  By Components

10.1    Overview

10.2    Chillers

10.2.1    North America Chillers Market Revenue and Forecasts to 2027 (US$ Mn)

10.3    Air Conditioning Systems

10.3.1    North America Air Conditioning Systems Market Revenue and Forecasts to 2027 (US$ Mn)

10.4    Heat Exchangers

10.4.1    North America Heat Exchangers Market Revenue and Forecasts to 2027 (US$ Mn)

10.5    Cooling Towers

10.5.1    North America Cooling Towers Market Revenue and Forecasts to 2027 (US$ Mn)

10.6    Air Handling Units

10.6.1    North America Air Handling Units Market Revenue and Forecasts to 2027 (US$ Mn)

10.7    Humidifiers

10.7.1    North America Humidifiers Market Revenue and Forecasts to 2027 (US$ Mn)

10.8    Others

10.8.1    North America Others Market Revenue and Forecasts to 2027 (US$ Mn)

11.           North America Data Center Cooling Market –  Country Analysis

11.1    Overview

11.1.1    North America Data Center Cooling Market Breakdown, by Key Countries

11.1.1.1  US Data Center Cooling Market Revenue and Forecasts to 2027 (US$ MN)

11.1.1.1.1 U.S Data Center Cooling Market Breakdown by Offering

11.1.1.1.2 US Data Center Cooling Market Breakdown by Cooling Type

11.1.1.1.3 US Data Center Cooling Market Breakdown by Data Center Type

11.1.1.1.4 US Data Center Cooling Market Breakdown by Industry Vertical

11.1.1.1.5 US Data Center Cooling Market Breakdown by Component

11.1.1.2  Canada Data Center Cooling Market Revenue and Forecasts to 2027 (US$ MN)

11.1.1.2.1 Canada Data Center Cooling Market Breakdown by Offering

11.1.1.2.2 Canada Data Center Cooling Market Breakdown by Cooling Type

11.1.1.2.3 Canada Data Center Cooling Market Breakdown by Data Center Type

11.1.1.2.4 Canada Data Center Cooling Market Breakdown by Industry Vertical

11.1.1.2.5 Canada Data Center Cooling Market Breakdown by Component

11.1.1.3  Mexico Data Center Cooling Market Revenue and Forecasts to 2027 (US$ Mn)

11.1.1.3.1 Mexico Data Center Cooling Market Breakdown by Offering

11.1.1.3.2 Mexico Data Center Cooling Market Breakdown by Cooling Type

11.1.1.3.3 Mexico Data Center Cooling Market Breakdown by Data Center Type

11.1.1.3.4 Mexico Data Center Cooling Market Breakdown by Industry Vertical

11.1.1.3.5 Mexico Data Center Cooling Market Breakdown by Component

12.           Industry landscape

12.1    Overview

12.2    Market Initiative

12.3    Merger & Acquisition

12.4    New Product Development

13.           Key Company Profiles

13.1    Asetek, Inc.

13.1.1    Key Facts

13.1.2    Business Description

13.1.3    Products and Services

13.1.4    Financial Overview

13.1.5    SWOT Analysis

13.1.6    Key Developments

13.2    Black Box Corporation

13.2.1    Key Facts

13.2.2    Business Description

13.2.3    Products and Services

13.2.4    Financial Overview

13.2.5    SWOT Analysis

13.2.6    Key Developments

13.3    United Technologies Corporation (CARRIER CORPORATION)

13.3.1    Key Facts

13.3.2    Business Description

13.3.3    Products and Services

13.3.4    Financial Overview

13.3.5    SWOT Analysis

13.3.6    Key Developments

13.4    Fujitsu Limited

13.4.1    Key Facts

13.4.2    Business Description

13.4.3    Products and Services

13.4.4    Financial Overview

13.4.5    SWOT Analysis

13.4.6    Key Developments

13.5    Hitachi Ltd.

13.5.1    Key Facts

13.5.2    Business Description

13.5.3    Products and Services

13.5.4    Financial Overview

13.5.5    SWOT Analysis

13.5.6    Key Developments

13.6    Modine Manufacturing Company

13.6.1    Key Facts

13.6.2    Business Description

13.6.3    Products and Services

13.6.4    Financial Overview

13.6.5    SWOT Analysis

13.6.6    Key Developments

13.7    Nortek Air Solutions, LLC

13.7.1    Key Facts

13.7.2    Business Description

13.7.3    Products and Services

13.7.4    Financial Overview

13.7.5    SWOT Analysis

13.7.6    Key Developments

13.8    Rittal GmbH & Co. KG

13.8.1    Key Facts

13.8.2    Business Description

13.8.3    Products and Services

13.8.4    Financial Overview

13.8.5    SWOT Analysis

13.8.6    Key Developments

13.9    Schneider Electric SE

13.9.1    Key Facts

13.9.2    Business Description

13.9.3    Products and Services

13.9.4    Financial Overview

13.9.5    SWOT Analysis

13.9.6    Key Developments

13.10  STULZ GMBH

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

13.11  Trane (Ingersoll-Rand plc)

13.11.1 Key Facts

13.11.2 Business Description

13.11.3 Products and Services

13.11.4 Financial Overview

13.11.5 SWOT Analysis

13.11.6 Key Developments

13.12  Vertiv Group Corp

13.12.1 Key Facts

13.12.2 Business Description

13.12.3 Products and Services

13.12.4 Financial Overview

13.12.5 SWOT Analysis

13.12.6 Key Developments

14.           Appendix

14.1    About The Insight Partners

14.2    Glossary

 


LIST OF TABLES

Table 1.            List of Data Center Providers in North America

Table 2.            List of Component Suppliers in North America

Table 3.            US Data Center Cooling Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)

Table 4.            US Data Center Cooling Market Revenue and Forecasts to 2027 – By Cooling Type (US$ Mn)

Table 5.            US Data Center Cooling Market Revenue and Forecasts to 2027 – By Data Center Type (US$ Mn)

Table 6.            US Data Center Cooling Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)

Table 7.            US Data Center Cooling Market Revenue and Forecasts to 2027 – By Component (US$ Mn)

Table 8.            Canada Data Center Cooling Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)

Table 9.            Canada Data Center Cooling Market Revenue and Forecasts to 2027 – By Cooling Type (US$ Mn)

Table 10.         Canada Data Center Cooling Market Revenue and Forecasts to 2027 – By Data Center Type (US$ Mn)

Table 11.         Canada Data Center Cooling Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)

Table 12.         Canada Data Center Cooling Market Revenue and Forecasts to 2027 – By Component (US$ Mn)

Table 13.         Mexico Data Center Cooling Market Revenue and Forecasts to 2027 – By Offering (US$ Mn)

Table 14.         Mexico Data Center Cooling Market Revenue and Forecasts to 2027 – By Cooling Type (US$ Mn)

Table 15.         Mexico Data Center Cooling Market Revenue and Forecasts to 2027 – By Data Center Type (US$ Mn)

Table 16.         Mexico Data Center Cooling Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)

Table 17.         Mexico Data Center Cooling Market Revenue and Forecasts to 2027 – By Component (US$ Mn)

Table 18.         Glossary of Terms, North America Data Center Cooling Market

 

LIST OF FIGURES

Figure 1.          North America Data Center Cooling Market Segmentation

Figure 2.          North America Data Center Cooling Market Overview

Figure 3.          North America Data Center Cooling Market, By Offering

Figure 4.          North America Data Center Cooling Market, By Cooling Type

Figure 5.          North America Data Center Cooling Market, Industry Landscape

Figure 6.          North America Data Center Cooling Market- Ecosystem Analysis

Figure 7.          North America – PEST Analysis

Figure 8.          Approach to General Cooling and Advanced Cooling

Figure 9.          Impact Analysis of Drivers and Restraints – Data Center Cooling Market

Figure 10.       North America Data Center Cooling Market Breakdown by Cooling Type, 2018 & 2027 (%)

Figure 11.       Room-based Cooling Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 12.       Rack-based Cooling Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 13.       Row-based Cooling Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 14.       North America Data Center Cooling Market Breakdown by Data Center Type, 2018 & 2027 (%)

Figure 15.       Enterprise Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 16.       Colocation Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 17.       Wholesale Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 18.       Hyperscale Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 19.       North America Data Center Cooling Market Breakdown by Industry Vertical, 2018 & 2027 (%)

Figure 20.       BFSI Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 21.       Manufacturing Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 22.       IT & Telecom Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 23.       Media & Entertainment Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 24.       Retail Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 25.       Government & Defense Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 26.       Healthcare Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 27.       Energy Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 28.       Others Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 29.       North America Data Center Cooling Market Breakdown by Offering, 2018 & 2027 (%)

Figure 30.       North America Solutions Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 31.       North America Services Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 32.       North America Data Center Cooling Market Breakdown by Components, 2018 & 2027 (%)

Figure 33.       North America Chillers Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 34.       North America Air Conditioning Systems Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 35.       North America Heat Exchangers Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 36.       North America Cooling Towers Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 37.       North America Air Handling Units Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 38.       North America Humidifiers Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 39.       North America Others Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 40.       North America Data Center Cooling Market Breakdown by Key Countries, 2018 & 2027(%)

Figure 41.       US Data Center Cooling Market Revenue and Forecasts to 2027 (US$ MN)

Figure 42.       Canada Data Center Cooling Market Revenue and Forecasts to 2027 (US$ Mn)

Figure 43.       Mexico Data Center Cooling Market Revenue and Forecasts to 2027 (US$ MN)

Figure 44.       North America Data Center Cooling Market, Industry Landscape (2016-2019) %

 

The List of Companies

  1. Asetek, Inc.
  2. Black Box Corporation
  3. United Technologies Corporation (Carrier Corporation)
  4. Fujitsu Limited
  5. Hitachi Ltd.
  6. Modine Manufacturing Company
  7. Nortek Air Solutions, LLC
  8. Rittal GmbH & Co. KG
  9. Schneider Electric SE
  10. STULZ GmbH
  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the North America Data Center Cooling market, thereby allowing players to develop effective long term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to cooling type, data center type, industry vertical, offering, and component.