Data Center Cooling Market in South Eastern US to Worth $751 Million by 2023
Arizton’s recent market research report on the US data center cooling market identifies Airedale Air Conditioning, Rittal, Schneider Electric, STULZ, Trane (Ingersoll Rand), 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 cooling infrastructure (cooling system and other infrastructure), by cooling technique (air-based cooling and liquid-based cooling), by cooling systems (CRAC & CARH, chiller, cooling towers & dry coolers, and economizers & evaporative coolers, and other cooling units), by tier standards (Tier I and Tier II, Tier III, and Tier IV), and by region (South Eastern US, South Western US, Mid-Western US, Western US, and North Eastern US).
The US data center cooling market is anticipated to reach revenues of around $2 billion by 2023 and is projected to grow at a CAGR of more than 5% during the forecast period.
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The US data center cooling market is divided into five major segments that consist of cooling infrastructure, cooling technique, cooling systems, tier standard, and region.
South Eastern Region to dominate the market share in US data center market Cooling during forecast period
The US data center cooling market by geography is segmented into South Eastern US, South Western US, Mid-Western US, Western US, and North Eastern US. The South Eastern region in US dominated the market share in 2017 and is projected to grow at a CAGR of about 6% during the forecast period. The initiation of expansion projects in Virginia and Texas will propel the growth of the market in this region.
Data center operators such as Google, Facebook, Digital Realty, CyrusOne, and RaningWire are expected to invest millions for the development of new projects in the South Eastern region in the US.
The benefits offered by the government agencies, inexpensive power, and low tax incentives are some of the factors favoring the growth of the market in this region. Other states such as North Carolina, South Carolina, and Tennessee also to witness high investment and development of edge data center projects during the forecast period.
Check our latest report on - Data Center Cooling Market - Global Outlook and Forecast 2020-2025
Economizers and evaporative coolers to grow at an impressive CAGR in data center market in US during forecast period
The cooling systems segment in the US data center cooling market is divided into CRAC & CARH, chiller, cooling towers & dry coolers, and economizers & evaporative coolers, and other cooling units. Economizers and evaporative coolers are the fastest growing segment of the market at a CAGR of close to 7% during the forecast period. The implementation of evaporative cooling systems will enable data center facilities to operate at a PUE of less than 1.5 thereby, augmenting the growth of this market segment in the US. The benefits associated with the adoption of free cooling techniques especially in the northern part of the US will boost the demand for these innovative cooling systems in the market. The leading vendors in the market are focusing on offering modern and technological advanced cooling systems to gain a larger market share and attract new consumers.
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Air-based cooling technique to grow at a significant CAGR in US data center market during forecast period
The US data center cooling market by cooling technique is categorized into air-based cooling and liquid-based cooling. Air-based cooling is the fastest growing segment of the market at a CAGR of more than 7% during the forecast period. The growing adoption of evaporative coolers that facilitate partial cooling with indoor CRAC units among data centers will drive the growth of this segment in the US market. The growing popularity of free cooling systems across the US market will add to the revenues of this cooling segment. The increasing rack power density will encourage vendors to introduce innovative systems in the market to sustain the competition level in the US market during the forecast period.
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The other prominent players in the data center cooling market in US are 3M, AIRSYS, Alfa Laval, Allied Control, Asetek, ClimateWorx International, Coolcentric (Wakefield-Vette), CoolIT Systems, Daikin Applied (Daikin Industries), Data Aire, Geist Global, Green Revolution Cooling, KyotoCooling, Motivair Corp, Munters, Nlyte Software, Nortek Air Solutions, Nortek Humidity (Condair Group), Pentair (Schroff), Qcooling, and Vigilent.
The complete overview of the latest market research report on data center cooling market in US 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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