U.S. Data Center Cooling Market Is Expected To Reach USD 8.52 Billion By 2030
San Francisco, 23 December 2024: The Report U.S. Data Center Cooling Market Size, Share & Trends Analysis Report By Component, By Solution, By Service, By Type, By Containment, By Structure, By Application, And Segment Forecasts, 2024 - 2030
The U.S. data center cooling market size is projected to reach USD 8.52 billion by 2030, registering a CAGR of 9.2% from 2024 to 2030, according to a new study by Grand View Research Inc. The promising growth prospects of the U.S. data center market can be attributed to the rapid increase in data generation and the subsequent rise in the demand for data centers across the globe. Data centers consume a large amount of power and generate an enormous amount of heat, which presents the need for efficient cooling equipment which is anticipated to foster the market growth. The U.S. data centers cooling market is handling increasingly complex data thanks to the growing use of technologies such as the Internet of Things (IoT), Machine Learning (ML), Artificial Intelligence (AI), the growing popularity of multimedia content, and an exponential rise in online transactions. Data centers offer the scalable and secure infrastructure required to properly store and manage this data, assuring its availability for data analysis, business intelligence, and decision-making processes.
Energy conservation, especially concerning cooling systems, has also become a primary concern for both enterprises and data center providers. As data centers grow and density, the focus of industry players on creating and implementing more sustainable and energy-efficient solutions has intensified in recent years. This has led to advancements in areas such as liquid-based cooling technologies, AI-driven optimization, and modular cooling systems in the market. These developments in the data center cooling business are directly related to the major developments taking place in the broader digital ecosystem. As organizations navigate the challenges of an increasingly data-centric world, the market is expected to play a vital role in ensuring the performance, reliability, and sustainability of modern data center operations.
U.S. data center cooling solutions are adopted across various industries, including healthcare, retail, energy & utilities manufacturing, BFSI, and Telecom & IT. Solutions specific to the customer’s requirements are delivered based on Service Level Agreements (SLA) between vendors and customers. U.S. data center cooling solution providers usually offer free inspection and maintenance services up to a certain period to maintain a competitive edge in the market. Several U.S. providers also collaborate with cloud-based storage and data center vendors to deploy customized solutions as per the requirements of end-use enterprises. Further, integration with cloud computing and the resultant increase in computing capabilities have resulted in increased power densities across data centers. This is driving the demand for effective data center cooling solutions that ensure an ambient environment in data centers and the proper functioning of IT systems.
Access Research Report of U.S. Data Center Cooling Market @ https://www.grandviewresearch.com/industry-analysis/us-data-center-cooling-market-report
U.S. Data Center Cooling Market Report Highlights
- The services segment is expected to register the highest CAGR from 2024 to 2030. The segment growth can be attributed to data centers with a scalable and secure infrastructure required to properly store and manage the data, assuring its availability for data analysis, business intelligence, and decision-making processes which is prompting the services segment growth in the forecasted period
- The maintenance services segment is expected to register the highest CAGR from 2024 to 2030. Factors such as increased internet penetration and the use of data-driven applications contribute to the increased demand for maintenance services in data centers. The expansion of edge computing, driven by demand for low-latency software and services, also contributes considerably to the segment growth
- The precision air conditioners segment is expected to register the highest CAGR of around 10% from 2024 to 2030. The adaptability of Precision Air Conditioners (PAC) to varying heat loads is one of the key factors driving the growth of the segment. Modern data centers are built to be modular, with- IT resources often scaled up or down in response to dynamic data demands
- The non-raised floor segment is expected to register the highest CAGR of around 12% from 2024 to 2030. Modular containment structures are being tailored to individual data center layouts and are readily adaptable and expandable as the infrastructure advances are prompting segment growth
- The raised floor with containment segment is expected to register the highest CAGR of around 7% from 2024 to 2030. This segment is anticipated to witness the development of multi-modal containment systems. These systems can constantly modify confinement configurations based on workload fluctuations, allowing for effective airflow control in response to changing conditions
- The row-based segment is expected to register the highest CAGR of around 11% from 2024 to 2030. The integration of smart building systems has influenced the growth of the row-based cooling segment. These systems, which are equipped with sensors and automation capabilities, improve the entire management and optimization of the data center environment
- The telecom segment is expected to register the highest CAGR of around 10% from 2024 to 2030.Telecommunication providers are extending their network infrastructure to improve connections and support new technologies such as 5G. Focus has also increased on integrating advanced technologies such as Artificial Intelligence (AI) and automation of U.S. data center cooling operations
U.S. Data Center Cooling Market Report Scope
Report Attribute | Details |
Market size value in 2024 | USD 5.02 billion |
Revenue forecast in 2030 | USD 8.52 billion |
Growth rate | CAGR of 9.2% from 2024 to 2030 |
Actual data | 2018 - 2023 |
Forecast period | 2024 - 2030 |
List of Key Players in the U.S. data center cooling Market
- Air Enterprises
- Asetek, Inc.
- Climaveneta
- Coolcentric
- Fujitsu
- Hitachi, Ltd.
- Infineon Technologies AG
- Iceotope
- Munters
- NTT Limited
- Schneider Electric
- STULZ GMBH
- Rittal GmBH & Co. KG
- Telx Inc
- Vertiv Group Corp.
Access Press Release of U.S. Data Center Cooling Market @ https://www.grandviewresearch.com/press-release/us-data-center-cooling-market-analysis
About Grand View Research
Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.
For More Information: https://www.grandviewresearch.com/horizon
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