LONDON--(BUSINESS WIRE)--According to the latest market research report by Technavio, the global data center precision air conditioning market is expected to record a CAGR of over 10% until 2020.
In this report, Technavio covers the present scenario and growth prospects of the global data center precision air conditioning market for 2016-2020. To calculate the market size, the report considers revenue generated from the following:
- The number of precision cooling systems installed or to be installed in the new upcoming data centers as well as the data centers that are expected to get renovated during the forecast period
- The adoption of precision air conditioners, which use both air and liquid-based cooling techniques, in data centers worldwide
- The maintenance of existing data center precision air conditioners
“Data center construction is a major driver for the precision air conditioning market. Owing to the increased adoption of advanced technologies for operational needs, enterprises are prompted to expand their data center footprint worldwide. The main contributors to the growing data center construction include CSPs, telecommunications organizations, and colocation service providers,” said Rakesh Panda, one of Technavio’s lead industry analysts for automotive electronics research.
“Comfort cooling used in data centers is found to be ineffective with increased heat density at the rack level. Also, concerns over high power consumption have led to the increased adoption of precision air conditioners. Data center operators are expected to adopt a variety of advanced cooling techniques that are cost efficient and consume less power over the forecast period,” added Rakesh.
Geographical segmentation 2015
Request sample report: http://bit.ly/28VcuVB
Americas: largest market for the global data center precision air conditioning market
The data center precision air-conditioning market in the Americas was valued at USD 440 million in 2015. The Americas is the leading region in terms of the number of operational data center facilities. Precision cooling systems will also be adopted by data centers, which are being built and expected to get renovated during the forecast period. The growth rate of the market will likely decline depending on the demand and cost of the air conditioning systems.
Many data center operators in the US have identified the benefits of precision air conditioners through their usage in their facilities. In the US, data centers account for more than 2% of the nationwide electricity consumption. Therefore, there is a high demand for energy efficient cooling solutions.
EMEA: second-largest market for the global data center precision air conditioning market
The data center precision air-conditioning market in EMEA was valued at USD 255.2 million in 2015. In EMEA, Europe is the most mature market in terms of the number of established data center facilities and the ones that are expected to get renovated.
Many organizations in EMEA, including small and medium-sized enterprises (SMEs), are expected to move their businesses to the cloud. Therefore, there will be a significant increase in the number of new data center facilities in the region.
APAC market: data center precision air conditioning
APAC is among the fastest growing regions in terms of the construction of new data center facilities. Most of the countries in this region do not experience cold climatic conditions. Therefore, the demand for data center cooling solutions is higher in this region compared to others.
Precision cooling units that can work on both air and liquid-based cooling techniques will be effective in APAC. The region has a presence of a large number of organizations, including global enterprises, from varied verticals. Increased adoption of advanced technological solutions will lead to the construction of more data centers with advanced computing infrastructure. Such infrastructure will increase the heat density in the facilities.
Browse related reports:
- Global Data Center Cooling Solutions Market 2016-2020
- Data Center Cooling Market in Southeast Asia 2016-2020
- Global Data Center Design Market 2016-2020
- Data Center Construction Market in the US 2016-2020
Do you need a report on a market in a specific geographical cluster or country but can’t find what you’re looking for? Don’t worry, Technavio also takes client requests. Please contact email@example.com with your requirements and our analysts will be happy to create a customized report just for you.
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.