Global Critical Power and Cooling Market Competitive Landscape:
The key market players in the global Critical Power and Cooling market are Schneider, ABB, General Electric, Eaton Corporation, Delta Electronic, Inc., Critical Power, Xiamen Kehua Hengsheng Co.,Ltd., Socomec, Falcon Electric, Inc., Daikin Industries,Ltd., Stulz GmbH, Asetek A/S, Siemens, Johnson Controls, Inc., SPX Corporation, Nortek Air Solutions, LLC.
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Global Critical Power and Cooling Market Highlights:
The global Critical Power and Cooling market is projected to grow at a high rate during the forecast period, mainly due to the rise in digitalization and cloud computing. Siemens (Germany) is expanding its services in digitization of data centers in the US by investing USD 175 million. This would lead to more efficient data centers which would drive the critical power market.
Global Critical Power and Cooling market is expected to witness substantial growth during the forecast period owing to investments in industrial and commercial sector along with increasing need for efficiency and digitization in data centers. Critical power and cooling services are key aspects of the global data center industry. They are used to provide the support to the buildings, industries, power & data center infrastructure, for data security. The critical power and cooling services are reliable and help enhance the life of the equipment. Ensuring enough cooling to enable steady performance is another requirement arising from the large-scale use of computing hardware and is likely to play an important role in the development of the global critical power and cooling market during the forecast period.
Critical Power and Cooling Market Segmentation:
Th global Critical Power and Cooling Market has been segmented based on type, end-use, and region.
Based on type, the critical power market is classified into uninterrupted power supply, generators, and others. (converters, inverters, transfer switches, power transfer switching, breaker transfer pairs, and generator paralleling breakers).
The global Critical Power and Cooling market is further segmented based on end-use, including Industrial, commercial, IT & Telecommunication, Telecom, and Transportation. The Commercial segment of the global Critical Power and Cooling market is estimated to register the highest growth rate during the forecast period due to increase in the number of data centers, banks, hotels, and other commercial properties.
Regional Outlook Critical Power and Cooling Market:
North America holds the largest share in the critical power and cooling market due to increasing demand of data centers and other commercial areas in the countries such as US, Canada, and Mexico. For instance, Google (US) would invest USD 13 billion in data centers in the US. Similarly, Apple (US) plans to invest USD 10 billion in US data center construction between 2020 to 2025, out of which USD 4.5 billion would be invested in the year 2019 and 2020. Such investments would boost the growth of critical power and cooling market in the US.
Table Of Contents
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.3 Market Structure
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
3.3 Market Size Estimation
3.4 Forecast Model
3.5 List Of Assumptions
3.6 Limitations Of The Study
4 Market Insights
List Of Tables
Table 1 Global Critical Power And Cooling Market, By Region, 2016-2023 (USD Million)
Table 2 North America Critical Power And Cooling Market, By Country, 2016-2023 (USD Million)
Table 3 Europe Critical Power And Cooling Market, By Country, 2016-2023 (USD Million)
Table 4 Asia-Pacific Critical Power And Cooling Market, By Country, 2016-2023 (USD Million)
Table 5 Middle East & Africa Critical Power And Cooling Market, By Country, 2016-2023 (USD Million)
Table 6 South America Critical Power And Cooling Market, By Country, 2016-2023 (USD Million)
Table 7 Global Critical Power And Cooling Market, By Type, 2016-2023 (USD Million)
List Of Figures
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DYNAMICS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 7 VALUE CHAIN ANALYSIS
FIGURE 8 GLOBAL CRITICAL POWER AND COOLING MARKET SHARE, BY TYPE, 2017 (%)
FIGURE 9 GLOBAL CRITICAL POWER AND COOLING MARKET, BY TYPE, 2018-2023 (USD Million)
FIGURE 10 GLOBAL CRITICAL POWER AND COOLING MARKET SHARE, BY END-USE, 2017 (%)
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