DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Data Center Rack Market - Strategic Assessment and Forecast 2017-2022" report to their offering.
The data center rack market is likely to grow at a CAGR of more than 13.8% during the period 2016-2022.
The demand for data center rack relies upon two major factors: Construction of new data centers and upgrading of existing projects. Furthermore, it is observed that major players are reducing the average lifespan of data center rack. Hence, the reduction in the lifespan will increase the demand as they will be replaced every five years.
Furthermore, the market is likely to grow significantly during the forecast period due to the innovations in technology such as the introduction of racks equipped with mechanical parts such as cooling systems. The shipment of 42U racks is likely to dominate the market till 2022. However, the shipment of 47U, 48U, and 51U rack is expected to witness a strong growth during the period. Data centers that are likely to be commissioned during the forecast period will require taller rack units such as 45U, 47U, 48U, and 51U. Therefore, the market share of taller racks will be twice than the share in 2014. The data center rack market is expected to grow at a CAGR of more than 19% during 2016 - 2022 in terms of shipment.
A major trend witnessed in the data center rack market is the shipment of taller rack. The shipment of 48U rack has been growing almost 16% on the Y-0-Y basis. On the other hand, 42U racks have been increasing moderately. The data center rack market research report provides a detailed study of the trends, drivers of data center rack market that are going to boost the market revenue.
The leading seven vendors mentioned in the market research report are as following:
- Blackbox Network Services
- Eaton
- Hewlett Packard Enterprise (HPE)
- Vertiv (Emersion network Power)
- Rittal
- Tripp Lite
- Schneider Electric
Key Topics Covered:
Section 1 Research Methodology
Section 2 Executive Summary
Section 3 Report Coverage
Section 4 Introduction
Section 5 Key Market Drivers
Section 6 Key Market Restraints
Section 7 Key Market Trends
Section 8 Market Landscape
Section 9 ASP Analysis
Section 10 Global Data Center Rack Market
Section 11 Market Segmentation by Data Center Rack Size
Section 12 Geographical Segmentation
Section 13 Data Center Rack Market in North America
Section 14 Data Center Rack Market in Europe
Section 15 Data Center Rack Market in APAC
Section 16 Data Center Rack Market in Latin America
Section 17 Data Center Rack Market in MEA
Section 18 Data Center Rack Market in RoW
Section 19 Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/293jx3/global_data