Basic terminology for data center can be described as ‘a data center is a building, a dedicated space within a building to store the data from computers and other associated components such as telecommunications and storage systems’. Growing development of IT infrastructure across the Europe region has created higher demands for data centers. In addition to that, growing internet penetration in Europe has positively impacted the market growth. In Europe, this penetration has been calculated to be more than 87%. That creates demands for data storage system. From the research, it has been estimated that there are more than 1300 data centers present in 23 countries of Europe region. Increasing infrastructure for data centers across the region has accelerated the needs for data cooling equipments due to high amount of heat produced by the data center. Proper data center cooling techniques allow servers to stay online for longer which means more efficiency. Overheating in data centers can be disastrous especially in professional environment which requires 99.99% of uptime. So any failure at the server level can have tremendous effects on the data center. To overcome this threat, many organizations and manufactures are initiating production of effective data center cooling equipments in Europe region. For instance, Asetek collaborated with Hewlett Packard Enterprise (HPE) in Europe to deliver company’s premium data center liquid cooling solutions which is high performing and density optimized facility to target higher performance computing and artificial intelligence across the region. According to the research report, “Europe Data Center Cooling Market Outlook, 2027” published by Actual Market Research, data center cooling market is projected to grow with CAGR of 10.09% during the forecast period. In Europe, new investments regarding data center and supporting government policies for energy saving technology promotion are some of the major driving forces for Europe data center cooling market. Europe manufactures are introducing innovative solutions to remain in the competition for data center cooling solutions. For instance, in July 202, STULZ GMBH introduced a temperature and humidity control system that is precisely built for handling air and cooling systems in large and hyper-scale data centers. Due to widespread of incorporation of integrated systems in various industries including high-performance automobiles, the overall market is expected to accelerate. According to European Automobile Manufacturers Association (EAMA), sales of self-driving cars would increase by around 10% by the end of 2021 compared to 2020. Increasing digitization in the automobile industry has fuelled data volume, driving the need for innovative data center cooling solutions across the region.
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download SampleEurope data center cooling market is segmented into six prominent countries such as Germany, United Kingdom, France, Italy, Poland and Russia. Among these countries, United Kingdom is projected to lead the data center cooling market in Europe region during the forecast period. The United Kingdom has registered the highest number of data centers across the Europe region. There are more than 450 data centers present in UK. London is a key investment destination in United Kingdom country. High number of data centers implies the increasing need for data center cooling infrastructure. Many smart city initiatives are going on in the country, such as Manchester’s Triangulum project, Future City Glasgow, Bristol Is Open, Smarter London Together etc. These initiatives are expected to fuel the growth of the data center market in United Kingdom. According to the report, Europe data center cooling market is segmented into two components which are solutions and services. Among these types, solution segment is projected to have maximum market share during the forecast period. Increasing developments and awareness about these solutions in Europe region have boosted the demands for the data center solutions. Further, data center solutions are segmented into various sub-types such as air conditioning, chilling units, cooling towers, economizer, liquid cooling and control systems etc. Air conditioning segment is projected to acquire more than 25% of market share by 2027. Rising adoption of this segment into residential as well as commercial sectors have boosted the market growth. On the other hand, based on the components, data center service segment is anticipated to grow with higher CAGR during the forecast period due to increasing deployments and maintenance needs for data centers across the region. Europe data center cooling market is segregated into various industry verticals. Among them, IT and Telecom segment is projected to have higher market share and is expected to lead the market. Rising penetration of internet and consumer electronics have implanted the necessity for higher data storage system. In addition to that, BFSI (banking, financial services and insurance sector), retail and healthcare segments are expected to witness significant market growth during the forecast period. Impact of Covid-19 on Europe Data Center Cooling Market: Due to strict lockdown measures and regulations imposed in various countries, the pandemic had a negative impact on Europe data center cooling market in 2020. Due to shortage of raw materials and components, manufactures present in Europe faced the risk of supply chain disruptions. In addition to that, strict travel regulations enforced by the government authorities had delayed the shipments. However, the Europe industry initiated production with higher efficiency in the second half of 2020. After that countries are focusing on recovering economic stability by the end of 2021. Increased data traffic due to the extensive usage of digital services such as e-learning, OTT and network banking has boosted the market growth in Europe region.
Major Companies present in the market: Vertiv Holdings Co., Schneider Electric S.E., Stulz Gmbh, Mitsubishi Electric Corporation, Daikin Industries Limited, Rittal Gmbh & Co. KG, Nortek Air Solutions LLC, Johnson Controls International PLC, Munters Group AB., Black Box Corporation, Airedale International Air Conditioning Limited, Asetek, Inc., Coolcentric, Degree Controls, Inc., Condair Group AG, Chilldyne Inc., LiquidCool Solutions, CoolIT Systems, Delta Electronics, Alfa Laval Corporate AB, Shenzhen Envicool Technology Co., Ltd, Shanghai shenglin M&E Technology Co., Ltd, GRC (Green Revolution Cooling), Aspen Systems, Fujitsu Limited Considered in this report: • Geography: Europe • Historic Year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report: • Europe Data Center Cooling market with its value and forecast along with its segments • Country wise market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation
Countries covered in the report: • Germany • United Kingdom • France • Italy • Poland • Russia By Component in the report: • Solution • Services By Product Type in the report: • Air Conditioning • Chilling Units • Cooling Towers • Economizer • Liquid Cooling • Control Systems • Others By Service Type in the report: • Consulting • Installation & Deployment • Maintenance & Support By Industry Verticals in the report: • BFSI • IT & Telecom • Research & Academic • Government & Defense • Retail • Energy • Manufacturing • Others By Cooling Type in the report: • Room-based Cooling • Row-based Cooling • Rack-based Cooling The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning. Post this we have started doing primary calls to industry people by equally segmenting in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry manufactures, consultants, Key vendors related to Data Center& HVAC solution industry. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
We are friendly and approachable, give us a call.