Asia Pacific Data Center Cooling Market Growth | 2031
Asia Pacific Data Center Cooling Market Growth | 2031
Segments - Asia Pacific Data Center Cooling Market by Solutions (Door, Rack, Row & Over-head Cooling Systems, Economizer Systems, Air Conditioners & Handlers, Chillers, and Liquid Cooling Systems), Services (Support, Maintenance Services, Consulting, and Installation & Deployment), End-user Verticals (Government, Retail, IT, Healthcare, BFSI, and Telecommunication), and Geography (India, Australia, Malaysia, China, Indonesia, Japan, and Rest of the Asia Pacific)– Asia Pacific Industry Analysis, Growth, Shares, Size, Trends, and Forecast 2023– 2031
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| Report ID :ICT-SE-1893
| 4.6 Rating
| 56 Reviews
| 187 Pages
| Format :
Report Description
The Asia Pacific data center cooling market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 11.7% during 2023–2031. Growth of the market is attributed to increasing internet usages, rising energy data demand from data center, and rapidly emerging economies.
In data center facility for maintaining ideal temperature the techniques, processes, collective equipment, and tools are used which refers to data center cooling. For keeping modern data centers running efficiently & safely requires continual close management & monitoring. Modern data centers are extraordinary technological facility. Managing the right temperature is important tasks in data center management.
The Covid-19 pandemic impacted the supply and demand of Asia Pacific data center cooling market. Oscillating supply of raw materials, lockdown across the globe, and supply chain disorders forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Asia Pacific Data Center Cooling Market Trends, Drivers, Restraints, and Opportunities
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Rising need for the green data center is projected to boost the market.
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Increasing quantity of digital data is the major factor fueling the market.
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Lack of awareness about the data center cooling is projected to restrict the market expansion during the forecast period.
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Power outage is anticipated to hamper the market growth in the coming years.
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R&D investment and technological advancement in data center cooling market is projected to offer lucrative opportunities for the market players.
Scope of Asia Pacific Data Center Cooling Market Report
The report on the Asia Pacific data center cooling market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Asia Pacific Data Center Cooling Market –Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016-2021 |
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Forecast Period |
2023-2031 |
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Segmentation |
Solutions (Door, Rack, Row & Over-head Cooling Systems, Economizer Systems, Air Conditioners & Handlers, Chillers, and Liquid Cooling Systems), Services (Support, Maintenance Services, Consulting, and Installation & Deployment), End-user Verticals (Government, Retail, IT, Healthcare, BFSI, and Telecommunication) |
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Geographical Scope |
India, Australia, Malaysia, China, Indonesia, Japan, and Rest of the Asia Pacific |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players covered in the Report |
CoolIT Systems Inc.; Johnson Controls Inc.; Asetek AS; Rittal GmbH & Co. KG; Stulz GmbH; Mitsubishi Electric Hydronics & IT Cooing Systems SpA; Vertiv Co.; LiquidCool Solutions; Schneider Electric SE; and Chilldyne Inc. |
Data Center Cooling Market Segment Insights
The IT segment accounts for a key share of the market
Based on end-user verticals, the Asia Pacific data center cooling equipment market is segmented into government, retail, IT, healthcare, BFSI, and telecommunication. The IT segment accounts for a key share of the market.
Growth of the market is attributed to increasing energy expenditure by data center and rapid development in IT infrastructure. However, the BFSI segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rising number of SaaS providers and increasing adoption of cloud storage.
The installation & deployment segment accounts for a significant share of the market
On the basis of services, the market is divided into support, maintenance services, consulting, and installation & deployment. The installation & deployment segment accounts for a significant share of the market. Growth of the market is attributed to increasing number of constructions of hyperscale facilities and rising need for expending storage capacity.
The consulting segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing number of data users and rising need for reduction of operational expenditure.
The liquid cooling systems segment accounts for a significant share of the market
Based on solutions, the Asia Pacific data center cooling market is fragmented into door, rack, row & over-head cooling systems, economizer systems, air conditioners & handlers, chillers, and liquid cooling systems. The data center liquid cooling systems segment accounts for a significant share of the market.
Growth of the market is attributed to high cost of initial investment in renewable energy data center and rapid urbanization. The air conditioners & handlers segment are anticipated to expand at a rapid pace during the forecast period due to factors such as energy efficient equipment, increasing electricity usages, and increased emission of CO2.
China is anticipated to hold major market share
On the basis of geography, the Asia Pacific data center cooling market is categorized as India, Australia, Malaysia, China, Indonesia, Japan, and Rest of the Asia Pacific. The market of Japan is estimated to expand at a high CAGR during the forecast period due to presence of major market players, increasing working population, and rapid industrialization. The market of China is estimated to hold major market share due to increasing per capita income and rising investment by private sector.
Segments
The Asia Pacific data center cooling market has been segmented on the basis of
Deployments
- Onshore
- Offshore
Services
- Support
- Maintenance Services
- Consulting
- Installation & Deployment
End-user Verticals
- Government
- Retail
- IT
- Healthcare
- BFSI
- Telecommunication
Geography
- India
- Australia
- Malaysia
- China
- Indonesia
- Japan
- Rest of the Asia Pacific
Key Players
- CoolIT Systems Inc.
- Johnson Controls Inc.
- Asetek AS
- Rittal GmbH & Co. KG
- Stulz GmbH
- Mitsubishi Electric Hydronics & IT Cooing Systems SpA
- Vertiv Co.
- LiquidCool Solutions
- Schneider Electric SE
- Chilldyne Inc.
Competitive Landscape
Key players competing in the Asia Pacific data center cooling market include CoolIT Systems Inc.; Johnson Controls Inc.; Asetek AS; Rittal GmbH & Co. KG; Stulz GmbH; Mitsubishi Electric Hydronics & IT Cooing Systems SpA; Vertiv Co.; LiquidCool Solutions; Schneider Electric SE; and Chilldyne Inc.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and rise their production line of the business in the coming years.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Data Center Cooling Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Data Center Cooling Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Data Center Cooling Market - Supply Chain
4.5. Global Data Center Cooling Market Forecast
4.5.1. Data Center Cooling Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Data Center Cooling Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Data Center Cooling Market Absolute $ Opportunity
5. Global Data Center Cooling Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Data Center Cooling Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Data Center Cooling Demand Share Forecast, 2019-2026
6. North America Data Center Cooling Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Data Center Cooling Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Data Center Cooling Demand Share Forecast, 2019-2026
7. Latin America Data Center Cooling Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Data Center Cooling Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Data Center Cooling Demand Share Forecast, 2019-2026
8. Europe Data Center Cooling Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Data Center Cooling Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Data Center Cooling Demand Share Forecast, 2019-2026
9. Asia Pacific Data Center Cooling Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Data Center Cooling Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Data Center Cooling Demand Share Forecast, 2019-2026
10. Middle East & Africa Data Center Cooling Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Data Center Cooling Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Data Center Cooling Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Data Center Cooling Market: Market Share Analysis
11.2. Data Center Cooling Distributors and Customers
11.3. Data Center Cooling Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. CoolIT Systems Inc.
11.4.2. Johnson Controls Inc.
11.4.3. Asetek AS
11.4.4. Rittal GmbH & Co. KG
11.4.5. Stulz GmbH
11.4.6. Mitsubishi Electric Hydronics & IT Cooing Systems SpA
11.4.7. Vertiv Co.
Methodology
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