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APAC to Dominate the Data Center Rack Market Size by 2023

Published date : Jul-2018

China and Hong Kong dominate the majority of the market share in APAC data center rack market


Arizton’s recent market research report on the data center rack market identifies ABB, Eaton, General Electric, Schneider Electric, and Vertiv as the leading vendors that are likely to dominate the market during the forecast period. This research report provides detailed analysis of market segmentation by product (rack cabinets and accessories), by rack size (below 42U, 42U, 45U & 47U, 48U, and other rack units), by end-users (colocation providers and enterprise), and by geography (Americas, EMEA, and APAC).

The data center rack market size is anticipated to reach values of around $3 billion by 2023, growing at a CAGR of about 8% during 2018-2023.

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The data center rack market size covers detailed market segmentation by products, rack size, end-users, and geography.

APAC to generate the fastest CAGR in the data center rack market size during forecast period

The data center rack market size by geography is segmented into Americas, EMEA, and APAC. APAC dominated a significant data center rack market size in 2017, growing at a CAGR of more than 11% during the forecast period.  The increasing number of M&A activities and the rising number of cloud and colocation expansion projects will propel the growth of APAC in the global market. China and Hong Kong dominate the majority of the market share in APAC. Growing investments from AWS, Microsoft, Google, Baidu, Alibaba, and Apple will augment the development of the APAC market over the next few years. It is estimated that the deployment of wider and deeper rack architecture across data centers will enable operation of high-performance computing infrastructure at a rack density of minimum 8 kW in the APAC market.  The presence of various local and global players offering rack solutions through partnership with facilities developments will lead the APAC vendors to occupy a larger data center rack market size during the forecast period.

Accessories segment to generate a significant CAGR in the data center rack market size during forecast period

The product segment by rack enclosures & cabinets and accessories hold significant data center rack market size each. The accessories segment occupied a portion of the data center rack market size in 2017, growing at a CAGR of around 11% during the forecast period.  The extensive use of mounting rail kit and brackets, grommet, a blanking panel, shelves, rackmount lighting, vented gland plates, and other components is promoting the demand in this segment in the global market. The vendors are offering rack frame, side doors, one or two mounting brackets, two sets of mountain rails, and top and boot covers to gain a larger data center rack market size during the forecast period. The adoption of varied racks and associated accessories will create lucrative opportunities for top players in the global market. The higher demand and installation of racks will help reduce the ASP to around $150, where the cost of the same 42U rack can be procured at $1,700 in the global market. The development of cable and air-flow management accessories will revolutionize the global market over the next few years.

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45U and 47U segment to generate an impressive CAGR in the data center rack market size during forecast period

The data center rack market size by rack size is classified into below 42U, 42U, 45U & 47U, 48U, and other rack units. 45U & 47U dominated a sizeable portion of the data center rack market size in 2017, growing at a CAGR of over 15% during the forecast period. The growing requirement for equipment of additional infrastructure at the rack-level and efficient cable management will boost the growth of the global market. The manufacturers are offering 45U racks in width of 482.6 mm and 600 mm. The depth of these rack enclosures extends up to 1,200 mm, and these products can withstand a load capacity of around 1,000 kg. 45U racks are installed in data centers with high ceilings and efficient cooling management systems in the global market. The players are offering customizable solutions and additional accessories as the enterprise requirements to attract new consumers and dominate a larger data center rack market size.

The other players occupying data center rack market size are AFCO Systems, AMCO Enclosures (IMS Companies), Beijing Finen Electronic Equipment, Belden, Cannon Technologies, C&F Group, Chatsworth Products, Conteg, Crenlo (Emcor), Dataracks, Delta Power Solutions (Delta Group), Fujitsu, Huawei, Legrand, Martin International Enclosures, Oracle, Panduit, Pentair (nVent), Preformed Line Products (Rack Technologies), and Rack Solutions.

The complete overview of the latest market research report on global data center rack market by Arizton is now available.

The report also offers a detailed study of major trends, drivers, challenges, and also provides the market size and forecast for major geographical regions and key countries.

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