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Data Center Precision Air Conditioning Market Size is projected to reach USD 3.64 billion by 2031, growing at a CAGR of 5.21%: Straits Research

The global data center precision air conditioning market size was valued at USD 2,310 million in 2022. It is estimated to reach USD 3,649 million by 2031, growing at a CAGR of 5.21% during the forecast period (2023–2031), North America is the most significant shareholder in the global data center precision air conditioning market and is anticipated to grow at a CAGR of 3.48% during the forecast period.

/EIN News/ -- New York, United States, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Data centers are planned and constructed as mission-critical facilities to process consumer and business-generated data. Consumers and organizations can connect to data centers via satellite or fiber optic lines. Precision cooling is air conditioning explicitly designed for IT equipment in data centers and computer rooms. These cooling systems primarily regulate humidity and temperature in server rooms and data centers.

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Rising Deployment of Modular Data Centers Drives the Global Market

Modular data center development has been a significant industry trend in recent years. Numerous telecommunications operators are developing modular data centers to reduce network latency. Typically, they are placed in remote areas to balance the need for low latency with investment and power consumption. The operational expenses of a modular data center are approximately 30 percent cheaper than those of a conventional data center. Cabinets, racks, and power and cooling systems are components of modular data centers. Significant difficulties such as the high PUE and high operational expenses of traditional data centers and the necessity for a specialized team to manage modular data centers address data center operations. Modular data centers can be used when a quick deployment is necessary.

Implementation of Monitoring and Automation Solutions Creates Tremendous Opportunities

Modern data centers are increasingly constructed with end-to-end monitoring and facility automation, reducing power consumption and waste. In the majority of instances, the operators of the data center and the IT administration were required to prepare for mass remote access to the technologies and tools. In addition, traditional capacity planning for data center operators is CAPEX-intensive and requires greater precision. These factors have contributed to the exponential development of Data Center Infrastructure Management (DCIM) technology.

Data center operators are also implementing intelligent monitoring utilizing technology such as Artificial Intelligence (AI) to reduce manual intervention-related errors. Different hyperscale data center operators, including Digital Realty, Google, Facebook, Equinix, and Microsoft, are investing in software-defined power infrastructure to reduce data center downtime.

Report Scope

Report Metric	Details
Market Size	USD 3.64 billion by 2031
CAGR	5.21% (2023-2031)
Historical Data	2020-2021
Base Year	2022
Forecast Period	2023-2031
Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Product, Deployment, Tier Standard
Geographies Covered	North America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/Vendors	Airedale, AIRSYS, ClimateWorx, Climaveneta, Data Aire, Delta Group, Emicon, Eaton, Huawei, Rittal, Renovoair Zhuhai, Swegon, Schneider Electric, STULZ, Vertiv
Key Market Opportunities	Implementation of Monitoring and Automation Solutions
Key Market Drivers	Rising Deployment of Modular Data Centers Increase in Rack Power Density

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Regional Analysis

North America is the most significant shareholder in the global data center precision air conditioning market and is anticipated to grow at a CAGR of 3.48% during the forecast period. In North America, the market is expanding due to the rapid expansion of data centers. The North American data center sector is the fastest-growing industry because colocation service providers, hyperscale data center operators, businesses, and governmental organizations were among the first to provide and adopt new technology. The region is a crucial catalyst and incumbent for further technological advancement in the data center industry. Facebook, Google, Equinix, Digital Realty, Compass Datacenters, Cologix, Vantage Data Centers, NTT Global Data Centers, QTS Realty Trust, CoreSite Realty, CyrusOne, and Switch are the leading contributors to market growth in North America.

Asia Pacific is projected to have a CAGR of 6.03% over the forecast period. The major factors driving the Asia-Pacific data center market are organizations' need to shift from server room environments to data centers, the rise in social media usage, public cloud, hybrid cloud adoption, and the expansion of internet users. The Asia-Pacific data center industry is growing significantly with continued investments from hyperscale and cloud service providers such as Amazon Web Services, Microsoft, Google, and Alibaba. Local colocation providers are also expanding their presence in each country, constructing new data centers, and expanding the market.

Key Highlights

The global data center precision air conditioning market size is estimated to reach USD 3,649 million by 2031, growing at a CAGR of 5.21% during the forecast period (2023–2031).
By product, the global data center precision air conditioning market is divided into CRAC units and CRAH units. The CRAH unit segment is the highest contributor to the market and is anticipated to grow significantly over the forecast period.
By deployment, the global data center precision air conditioning market is segmented into in-row cooling, in-rack cooling, and centralized cooling. The in-row cooling segment owns the highest market and is expected to grow at a CAGR of 5.51% over the forecast period.
By tier standard, the global data center precision air conditioning market is segmented into tier I and II, tier III, and tier IV. The Tier III segment is the highest contributor to the market and is anticipated to grow at a CAGR of 6.24% over the forecast period.
North America is the most significant shareholder in the global data center precision air conditioning market and is anticipated to grow at a CAGR of 3.48% during the forecast period.

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Competitors in Data Center Precision Air Conditioning Market

Airedale
AIRSYS
ClimateWorx
Climaveneta
Data Aire
Delta Group
Emicon
Eaton
Huawei
Rittal
Renovoair Zhuhai
Swegon
Schneider Electric
STULZ
Vertiv

Segmentation of Global Data Center Precision Air Conditioning Market

By Product

CRAC Units
CRAH Units

By Deployment

In-Row Cooling
In-Rack Cooling
Centralized Cooling

By Tier Standard

Tier I and II
Tier III
Tier IV

By Regions

North America
Western Europe
Central and Eastern Europe
Asia-Pacific
Nordics
Southeast Asia
Latin America
The Middle East and Africa

TABLE OF CONTENT

EXECUTIVE SUMMARY
RESEARCH SCOPE & SEGMENTATION
1. Research Objectives
2. Market Definition
3. Limitations & Assumptions
4. Market Scope & Segmentation
5. Currency & Pricing Considered
MARKET OPPORTUNITY ASSESSMENT
1. Emerging Regions / Countries
2. Emerging Companies
3. Emerging Applications / End Use
4. Investment Landscape
5. New Business Models / Revenue Streams
6. TAM
MARKET TRENDS
1. Drivers
2. Market Warning Factors
3. Latest Macro Economic Indicators
4. Geopolitical Impact
5. Human Factors
6. Technology Factors
MARKET ASSESSMENT
1. Porters Five Forces Analysis
2. Value Chain Analysis
3. Sales And Distribution Channel Analysis
4. Case Study Analysis
5. Patent Analysis
6. M & A Agreements & Collabration Analysis
ESG TRENDS
GLOBAL DATA CENTER PRECISION AIR CONDITIONING MARKET SIZE ANALYSIS
1. Global Data Center Precision Air Conditioning Market Introduction
2. By Product
  1. Introduction
    1. Product By Value
  2. CRAC Units
    1. By Value
  3. CRAH Units
    1. By Value
3. By Deployment
  1. Introduction
    1. Deployment By Value
  2. In-Row Cooling
    1. By Value
  3. In-Rack Cooling
    1. By Value
  4. Centralized Cooling
    1. By Value
4. By Tier Standard
  1. Introduction
    1. Tier Standard By Value
  2. Tier I And II
    1. By Value
  3. Tier III
    1. By Value
  4. Tier IV
    1. By Value
NORTH AMERICA MARKET ANALYSIS
1. Introduction
2. By Product
  1. Introduction
    1. Product By Value
  2. CRAC Units
    1. By Value
  3. CRAH Units
    1. By Value
3. By Deployment
  1. Introduction
    1. Deployment By Value
  2. In-Row Cooling
    1. By Value
  3. In-Rack Cooling
    1. By Value
  4. Centralized Cooling
    1. By Value
4. By Tier Standard
  1. Introduction
    1. Tier Standard By Value
  2. Tier I And II
    1. By Value
  3. Tier III
    1. By Value
  4. Tier IV
    1. By Value
5. U.S.
  1. By Product
    1. Introduction
      1. Product By Value
    2. CRAC Units
      1. By Value
    3. CRAH Units
      1. By Value
  2. By Deployment
    1. Introduction
      1. Deployment By Value
    2. In-Row Cooling
      1. By Value
    3. In-Rack Cooling
      1. By Value
    4. Centralized Cooling
      1. By Value
  3. By Tier Standard
    1. Introduction
      1. Tier Standard By Value
    2. Tier I And II
      1. By Value
    3. Tier III
      1. By Value
    4. Tier IV
      1. By Value
6. Canada
EUROPE MARKET ANALYSIS
1. Introduction
2. By Product
  1. Introduction
    1. Product By Value
  2. CRAC Units
    1. By Value
  3. CRAH Units
    1. By Value
3. By Deployment
  1. Introduction
    1. Deployment By Value
  2. In-Row Cooling
    1. By Value
  3. In-Rack Cooling
    1. By Value
  4. Centralized Cooling
    1. By Value
4. By Tier Standard
  1. Introduction
    1. Tier Standard By Value
  2. Tier I And II
    1. By Value
  3. Tier III
    1. By Value
  4. Tier IV
    1. By Value
5. U.K.
  1. By Product
    1. Introduction
      1. Product By Value
    2. CRAC Units
      1. By Value
    3. CRAH Units
      1. By Value
  2. By Deployment
    1. Introduction
      1. Deployment By Value
    2. In-Row Cooling
      1. By Value
    3. In-Rack Cooling
      1. By Value
    4. Centralized Cooling
      1. By Value
  3. By Tier Standard
    1. Introduction
      1. Tier Standard By Value
    2. Tier I And II
      1. By Value
    3. Tier III
      1. By Value
    4. Tier IV
      1. By Value
6. Germany
7. France
8. Spain
9. Italy
10. Russia
11. Nordic
12. Benelux
13. Rest Of Europe
APAC MARKET ANALYSIS
1. Introduction
2. By Product
  1. Introduction
    1. Product By Value
  2. CRAC Units
    1. By Value
  3. CRAH Units
    1. By Value
3. By Deployment
  1. Introduction
    1. Deployment By Value
  2. In-Row Cooling
    1. By Value
  3. In-Rack Cooling
    1. By Value
  4. Centralized Cooling
    1. By Value
4. By Tier Standard
  1. Introduction
    1. Tier Standard By Value
  2. Tier I And II
    1. By Value
  3. Tier III
    1. By Value
  4. Tier IV
    1. By Value
5. China
  1. By Product
    1. Introduction
      1. Product By Value
    2. CRAC Units
      1. By Value
    3. CRAH Units
      1. By Value
  2. By Deployment
    1. Introduction
      1. Deployment By Value
    2. In-Row Cooling
      1. By Value
    3. In-Rack Cooling
      1. By Value
    4. Centralized Cooling
      1. By Value
  3. By Tier Standard
    1. Introduction
      1. Tier Standard By Value
    2. Tier I And II
      1. By Value
    3. Tier III
      1. By Value
    4. Tier IV
      1. By Value
6. Korea
7. Japan
8. India
9. Australia
10. Taiwan
11. South East Asia
12. Rest Of Asia-Pacific
MIDDLE EAST AND AFRICA MARKET ANALYSIS
1. Introduction
2. By Product
  1. Introduction
    1. Product By Value
  2. CRAC Units
    1. By Value
  3. CRAH Units
    1. By Value
3. By Deployment
  1. Introduction
    1. Deployment By Value
  2. In-Row Cooling
    1. By Value
  3. In-Rack Cooling
    1. By Value
  4. Centralized Cooling
    1. By Value
4. By Tier Standard
  1. Introduction
    1. Tier Standard By Value
  2. Tier I And II
    1. By Value
  3. Tier III
    1. By Value
  4. Tier IV
    1. By Value
5. UAE
  1. By Product
    1. Introduction
      1. Product By Value
    2. CRAC Units
      1. By Value
    3. CRAH Units
      1. By Value
  2. By Deployment
    1. Introduction
      1. Deployment By Value
    2. In-Row Cooling
      1. By Value
    3. In-Rack Cooling
      1. By Value
    4. Centralized Cooling
      1. By Value
  3. By Tier Standard
    1. Introduction
      1. Tier Standard By Value
    2. Tier I And II
      1. By Value
    3. Tier III
      1. By Value
    4. Tier IV
      1. By Value
6. Turkey
7. Saudi Arabia
8. South Africa
9. Egypt
10. Nigeria
11. Rest Of MEA
LATAM MARKET ANALYSIS
1. Introduction
2. By Product
  1. Introduction
    1. Product By Value
  2. CRAC Units
    1. By Value
  3. CRAH Units
    1. By Value
3. By Deployment
  1. Introduction
    1. Deployment By Value
  2. In-Row Cooling
    1. By Value
  3. In-Rack Cooling
    1. By Value
  4. Centralized Cooling
    1. By Value
4. By Tier Standard
  1. Introduction
    1. Tier Standard By Value
  2. Tier I And II
    1. By Value
  3. Tier III
    1. By Value
  4. Tier IV
    1. By Value
5. Brazil
  1. By Product
    1. Introduction
      1. Product By Value
    2. CRAC Units
      1. By Value
    3. CRAH Units
      1. By Value
  2. By Deployment
    1. Introduction
      1. Deployment By Value
    2. In-Row Cooling
      1. By Value
    3. In-Rack Cooling
      1. By Value
    4. Centralized Cooling
      1. By Value
  3. By Tier Standard
    1. Introduction
      1. Tier Standard By Value
    2. Tier I And II
      1. By Value
    3. Tier III
      1. By Value
    4. Tier IV
      1. By Value
6. Mexico
7. Argentina
8. Chile
9. Colombia
10. Rest Of LATAM
COMPETITIVE ASSESSMENT
1. Adoption Matrix
2. Data Center Precision Air Conditioning Market Share By Manufacturers
3. Data Center Precision Air Conditioning Market Ranking By Revenue For Manufacturers
4. Average Price By Manufacturers
5. Vendor Footprint Analysis
MARKET PLAYERS ASSESSMENT
1. Airedale
  1. Overview
  2. Business Information
  3. Revenue
  4. ASP
  5. Gross Margin
  6. Swot Analysis
  7. Recent Developmments
2. AIRSYS
3. ClimateWorx
4. Climaveneta
5. Data Aire
6. Delta Group
7. Emicon
8. Eaton
9. Huawei
10. Rittal
11. Renovoair Zhuhai
12. Swegon
13. Schneider Electric
14. STULZ
15. Vertiv
RESEARCH METHODOLOGY
1. Research Data
  1. Secondary Data
    1. Major Secondary Sources
    2. Key Data From Secondary Sources
  2. Primary Data
    1. Key Data From Primary Sources
    2. Breakdown Of Primaries
  3. Secondary And Primary Research
    1. Key Industry Insights
2. Market Size Estimation
  1. Bottom-Up Approach
  2. Top-Down Approach
  3. Market Projection
3. Research Assumptions
  1. Assumptions
4. Limitations
5. Risk Assessment
APPENDIX
1. Discussion Guide
2. Customization Options
3. Related Reports
DISCLAIMER

Table of Content and Figure @ https://straitsresearch.com/report/data-center-precision-air-conditioning-market/toc

Recent Development

In November 2022, Brazilian firm Zeittec is set to build a new data center for the Federal University of Espírito Santo (UFES) in the city of Vitória in Espírito Santo state.
In October 2022, Modine Manufacturing Company, a diversified global leader in thermal management technology and solutions, announced that it had shipped its first chillers for the data center market from their newly repurposed production facility in Rockbridge, Virginia, as part of a previously announced order with data center giant, Corscale.

News Media

Global Data Center Precision Air Conditioning Market Worth USD USD 3,649 Million With a CAGR of 5.21%

Global Data Center Liquid Cooling Market Grows Tremendously at a CAGR of 27.11%

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About Straits Research Pvt. Ltd.

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