Thumbnail

China Data Center Cooling Market - By Solution and Service (Solution (Air Conditioners, Chillers, Economizers Systems, Liquid Cooling Systems, Cooling Towers, Others), Services (Installation and Deployment, Consulting, Support and Maintenance)), Data Center Type (Small and Medium, Large, Enterprise), End User Vertical - Trends and Forecasts (2020 - 2025)

Looking to buy the report?

The China data center cooling market was valued at USD 417.01 million in 2016. This market is expected to reach USD 876.96 million by 2022, at a CAGR of 13.12% over the forecast period (2017– 2022). Rising demand for efficient data centers and cloud solutions and growing dependence on online services are factors augmenting the growth of the Chinese DC cooling market.

China is one of the largest markets for data center cooling in the APAC region and is expected to be a prominent player in the market over the forecast period. Growing demand for technological services and increasing investments from major companies are the key factors influencing the growth of the concerned market. Data centers have become a key component in IT infrastructure for many organizations. Owing to the large amounts of data being generated daily, companies are now relying on data centers for efficient storage and handling of data.

SOLUTIONS SEGMENT SET TO DOMINATE THE MARKET LANDSCAPE

The solutions segment is expected to grow to a value of USD XX million by the end of 2022, with a CAGR of 12.43%. Solutions have been further sub segmented into air conditioners, chillers, economizer systems, liquid cooling systems, cooling towers and others. Cooling infrastructure is a vital part of data center systems. The complex connection of air conditioners, chillers, liquid cooling systems, and others create the optimal computing environment and ensure the longevity of the servers for the vitality of the organization they support.

RETAIL INDUSTRY SET TO WITNESS THE HIGHEST GROWTH RATE

China’s e-commerce market is the largest in the world. The Chinese online retail market was estimated to be approximately USD 630 billion in terms of sales in 2015. The overall e-commerce market accounts for 13.5% of China’s retail spending. Moreover, due to the massive internet users, the e-commerce segment is expected to grow significantly during the forecast period. There has been tremendous uptake in online shopping among customers from the low-tier cities. The huge volume and variety of the data, being produced by all channels of the retail industry, have been growing exponentially. This has offered both opportunities as well as challenges for the businesses.

NOTABLE MARKET DEVELOPMENTS

  • EVGA selected Asetek Technology for First-Ever EVGA Liquid CPU Coolers.
  • Vertiv introduced autotuning control for enhanced cooling efficiency and protection.
  • STULZ USA announced strategic investment and commercial partnership with Cool IT Systems.

MAJOR PLAYERS IN THE MARKET

  • Schneider Electric SE
  • Asetek Inc.          
  • Vertiv (Emerson Network Power)
  • STULZ GmbH
  • Shenzhen Envicool Technology
  • Coolcentric
  • Airedale International Air Conditioning Ltd.
  • Fujitsu Ltd.
  • Munters Corporation

Click Here for more detailed insights on China Data Center Cooling market.

Our report on China Data Center Cooling market covers the following:

  • Market Trends & Dynamics
  • Latest News & developments
  • Porter’s Five Forces Analysis
  • Investment Scope
  • Deep-dive Insights

Looking to buy the report?

Want some specific customizations?

Our clients include:

prev-arrow
next-arrow

Looking to Customize Report?

Please Enter Email ID

Please Enter Message