The China data center cooling market size was valued at USD 892.30 Billion in 2022 and is likely to reach USD 3.339 Billion by 2031, expanding at a CAGR of 16% during 2023 – 2031.The growth of the market is attributed to increasing number of large businesses are planning to increase their data centers to ensure reliability and stability of data services.
Data center cooling guarantees that the data center receives the required cooling and ventilation to maintain all devices and equipment within the specified temperature range. The equipment, tools, techniques, and processes used to maintain an appropriate operating temperature within a data center facility are referred to as data center cooling.
Market Trends, Drivers, Restraint and Opportunities
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Increasing demand for highly efficient data center cooling technologies due to discontinuation of information flow is expected to drive the market growth.
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Rising focus on enhancing the efficiency of data centers which has led to growth in demand for data center cooling across the country.
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Government state bodies across the country have imposed plenty of environmental regulations on data center emissions and power consumption efficiency, which has fueled the market growth.
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Low compatibility among various data center liquid cooling technologies can hinder the market growth of country.
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Rising demand for green data centers can create lucrative opportunities for industry advancement in the forecast period.
Scope of Data Center Cooling Market Report
The report on the China 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.
Attributes
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Details
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Report Title
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China Data Center Cooling Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Solutions (Air Conditioners/Handlers, Row/Rack/Door/Overhead Cooling Systems, Chillers, Liquid Cooling Systems, Economizer Systems), Services (Installation & Deployment, Consulting, Support, and Maintenance Services), and End-users Vertical (Information Technology, BFSI, Telecommunication, Healthcare, Government, and Others)
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Country
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China
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Report Coverage
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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
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Schneider Electric SE; STULZ GMBH;Vertiv Co.; Daikin Industries Ltd; and Trane Inc.
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China Data Center Cooling Market Segment Insights
Liquid cooling systems segment is expected to grow at a rapid pace
Based on solutions, the China data center cooling market is divided into air conditioners/handlers, row/rack/door/overhead cooling systems, chillers, liquid cooling systems, economizer systems. The liquid cooling systems segment is expected to grow at a rapid pace during the forecast period owing to rising preference among large enterprises. Moreover, high-volume manufacturing of liquid coolers for cooling is expected to gain significant traction in the market.
Installation & deployment segment is projected to expand at a considerable CAGR
On the basis of services, the market is segregated into installation & deployment, consulting, support, and maintenance services. The installation & deployment segment is projected to expand at a considerable CAGR during the forecast period due to increasing number of small and medium businesses (SMEs) and big companies utilize the installation and deployment programs to assist companies place energy-efficient data center cooling in a cost-effective way.
Information technology segment is anticipated to account for a significant market share
In terms of end-user verticals, the market is divided into information technology, BFSI, telecommunication, healthcare, government, and others. The information technology segment is estimated to account for a significant market share during the forecast period owing to widening scope of IT services and growing digitalization. However, the BFSI segment is expected to exhibit a substantial CAGR during the forecast period.
Segments
The China data center cooling market has been segmented on the basis of
Solutions
- Air Conditioners/Handlers
- Row/Rack/Door/Overhead Cooling Systems
- Chillers
- Liquid Cooling Systems
- Economizer Systems
Services
- Installation & Deployment
- Consulting
- Support
- Maintenance Services
End-users Verticals
- Information Technology
- BFSI
- Telecommunication
- Healthcare
- Government
- Other
Country
Key Players
Competitive Landscape
The cooling market for data centers in China is fairly fragmented. industry players are seeking strategic alliances and collaborations to increase their market share.
Key players competing in the China data center cooling market are Schneider Electric SE; STULZ GMBH;Vertiv Co.; Daikin Industries Ltd; and Trane Inc.