The North America Data Center Cooling market is growing along with the Technology, Media and Telecommunications industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
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.
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.
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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.
These factors are expected to offer broad growth opportunities in the Technology, Media and Telecommunications industry and this is expected to cause the demand for Data Center Cooling in the market.
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NORTH AMERICA DATA CENTRE COOLING MARKET SEGMENTATION
North America Data Centre Cooling Market – By Offerings
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
- Hyperscale Data Centers
North America Data Centre Cooling Market – By Industry Vertical
- It & Telecom
- Media & Entertainment
- Government & Defense
North America Data Centre Cooling Market – By Geography
- North America
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
- Vertiv Group Cor.
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