PointOne, NOVVA, Cirrus Data Services, T-Rex, Archer Datacenters, and Stratus DC Management will be the major revenue contributors to the data center cooling market in US during the forecast period.
According to the latest Arizton's market research report, the data center cooling market in US to cross over USD 4 billion by 2026, growing at a CAGR of around 3% during the forecast period.
Data Center Cooling Market in US - Growth Analysis
Online shopping is rapidly increasing with daily necessities and home needs being major contributors to growth of the data center cooling market in US during the lockdown. Google and Facebook announced several data center projects across the US with an investment of minimum USD 200 million across each location. These projects will aid strong growth of cooling solutions across the market. PointOne, NOVVA, Cirrus Data Services, T-Rex, Archer Datacenters, and Stratus DC Management will be the major revenue contributors to the data center cooling market in US during the forecast period. Liquid cooling that includes direct-to-chip cooling is likely to grow with the increasing demand for high-performance computation resources. The growing demand for data center services such as colocation, managed services, and cloud-connectivity services is attributing to the growth of the US data center cooling market.
What’s Trending in the Market?
- October 2, 2020: Schneider Electric introduced EcoStruxure Data Center Solutions, which integrates power, cooling, racks, and management for the deployment of distributed IT networks in data centers.
- Companies such as Ericsson have invested significantly in deploying 5G networks in the US.
- In 2020, vendors offering liquid immersion cooling and direct liquid cooling had a successful year in terms of demand. Artificial intelligence was a strong driving force for adoption.
- Market Size & Forecast by Revenue | 2020−2026
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Segmentation – A detailed analysis by infrastructure, systems, techniques, tier standard, geography
- Competitive Landscape – 5 Key Company Profiles and 41 Other Prominent Vendors
Data Center Cooling Market in US – Geographic Analysis
In 2020, South Eastern US data center market attracted significant investments from enterprise and cloud service providers such as Apple, Facebook, Microsoft, and Google. Self-built data center, hyperscale data center operators are among the largest customers for colocation service providers in the region. The increased construction and expansion of data centers, especially hyperscale data centers, will offer significant opportunities for cooling infrastructure providers. This, is turn, will create lucrative revenue opportunities in the data center cooling market in US. South Eastern US Data center cooling market size to reach over USD 1 billion by 2026. Data center investments for cooling solutions across facilities in South Eastern US will include chillers supporting free cooling or total dependence on water-based cooling techniques that include cooling towers and CRAH units.
Strategies Adopted by Players in the Data Center Cooling Market in US
Data center cooling market in US is expected to witness high competition owing to the rising construction of data centers. Free cooling systems providers are offering evaporative coolers and dry coolers along with chillers and CRAC/CRAH units to face competition in regions that support free cooling for more than 5,000 hours. Data center operators choose those players, providing real-time monitoring, and management solutions integrated with cooling systems, creating competition and prompting vendors to innovate their solutions. High competition among the players is expected to reduce the cost of cooling systems in the data center cooling market in US. The data center operator’s preference over a single cooling vendor is changing rapidly because of the growing market innovations. The leading players in the market are launching end-to-end monitoring and automation for facilities across the region for effective control over the management and infrastructure operations.
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