Data Center Cooling Market in North America Worth $9,177 Mn by 2025, Growing at a CAGR of 11.0%
PORTLAND, PORTLAND, OR, UNITED STATES, August 11, 2021 /EINPresswire.com/ — Rise in the demand for efficient and cost-effective data centers, increase in green initiatives for eco-friendly data center solutions, and substantial growth in data center and power density are the major drivers of the North America data center cooling market. However, requirement of specialized infrastructure, high cost of investment, and cooling challenges during power outage hamper the market growth. On the contrary, emergence of liquid-based cooling and portable cooling technology and increasing demand for modular data center cooling approach are expected to create lucrative opportunities in the near future.
The North America data center cooling market size was valued at $4,020 million in 2017, and is projected to reach $9,177 million by 2025, growing at a CAGR of 11.0% from 2018 to 2025.
North America data center cooling market is divided on the basis of component, type of data center, industry vertical, and geography. On the basis of component, the market is divided into solution and service. The solution segment held the largest share in 2017 and is expected to continue its dominance throughout the study period. The is attributed to increase in number of energy efficient cooling solutions. However, the services segment is estimated to manifest the fastest CAGR through 2025 as the implementation of services ensures the effective functioning of solutions with control and transparency.
On the basis of type of cooling, the market is segmented into room-based cooling, rack-based cooling, and row-based cooling. The room-based cooling segment held the largest share in 2017 and is expected to continue this trend through 2025. However, the rack-based cooling segment is projected to manifest the fastest CAGR during the forecast period, owing to its ability to offer precise conditions in close proximity, which is targeted at the banks with server cabinets.
Download Sample Report (Get Full Insights in PDF – 188 Pages) at: https://www.alliedmarketresearch.com/request-sample/5218
Based on type of data center, the market is bifurcated into enterprise data center, colocation data center, wholesale data center, and hyperscale data center. The enterprise data center segment dominated the market in terms of revenue generation. On the basis of industry vertical, the market is divided into BFSI, manufacturing, IT & telecom, media & entertainment, retail, government & defense, healthcare, energy, and others. The IT & telecom segment held the largest share in 2017.
Profiling Key Players: Schneider Electric Se, Nortek Air Solutions, LLC, Black Box Corporation, Hitachi, Ltd., Rittal Gmbh & Co. Kg, Emerson Electric Co., Stulz Gmbh, Fujitsu Ltd., Vertiv, and Asetek.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5218
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Similar Reports –
1. Customer Data Platform Market – https://www.alliedmarketresearch.com/customer-data-platform-market-A09892
2. Data Visualization Market – https://www.alliedmarketresearch.com/data-visualization-software-market-A08312
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Analytics LLP
+1 800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
