-- Growth in the computing capabilities led to increased power densities in the IT infrastructure facilities, driving the need for highly efficient cooling solutions. A large amount of data generated due to the rise in cloud computing and IoT connectivity are predicted to drive North America data center cooling market growth. The cooling solutions offered by the manufacturers provide an ambient environment in IT facilities along with effective functioning of the devices. According to the Graphical Research new growth forecast report titled “North America Data Center Cooling Market Size By Cooling Technique (Rack/Row Based, Room-Based), By Component (Solution {Chilling Unit, Air Conditioner, Cooling Tower, Control System, Economizer, Liquid Cooling System}, Service {Consulting, Maintenance & Support, Installation & Deployment}), By Application (IT & Telecom, BFSI, Retail, Energy & Utility, Healthcare, Colocation), Industry Forecast, 2018 – 2024”, Estimated To Around USD 5 Billion by 2024.
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The air conditioners are the most widely accepted cooling technology in the North America data center cooling market. Several advantages offered by these systems include minimal investments, ease-of-installation, and low maintenance. The solutions can be installed in the server room to manage the temperature and protect the electrical devices from getting damaged due to overheating. Such advantages are driving the adoption of these solutions in the North America data center cooling market.
The room-based cooling technology allows the integration of several external devices such as air conditioners, chillers, and cooling towers in the server rooms for managing the temperature. These devices allow the operators to secure their IT facilities from getting damaged without modifying the whole data center facilities as compared to the rack-based cooling. Computer Room Air Conditioners (CRAC) are used for performing such operations. It pushes the cold air around the perimeter of the room. Moreover, the integration of these systems is more affordable than other techniques, thereby accelerating the North America data center cooling market growth.
The BFSI sector is expected to witness a high adoption of these solutions in the North America data center cooling market owing to the increasing need to handle the critical customer transactions & information. The sector is generating a large volume of data due to the flexible account opening and loan options provided by several financial institutions, attracting new customers. Moreover, with the integration of large-scale facilities with the banking industry, the need for effective cooling solutions is increasing rapidly.
Prominent companies in North America data center cooling market include Schneider Electric, Swegon AB, Rittal GmbH, Black Box Corporation, Vigilent Corporation, Nortek Air Solutions, AdaptivCOOL, and Airedale International Air Conditioning Ltd., among others. The players are targeting their offerings to the global companies, generating a large amount of business data.
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Segments we Cover:
North America Data Center Cooling Market, By Component
Solution
Chilling unit
Air conditioner
Cooling tower
Control system
Economizer
Liquid cooling system
Others
Service
Consulting
Maintenance & support
Installation & deployment
North America Data Center Cooling Market, By Cooling Technique
Rack/row based
Room based
North America Data Center Cooling Market, By Application
IT & telecom
BFSI
Retail
Energy & utility
Healthcare
Colocation
Others
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Website: https://www.graphicalresearch.com/industry-insights/1129/north-america-data-center-cooling-market
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