New Study Finds Data Center Cooling Market to Reach $17.78 Billion by 2024

07/26/2016 |

The supply and demand of cooling solutions signal industry growth

The universal data center cooling market is estimated to reach $17.78 billion by 2024, according to a study by Grand View Research, Inc. The rising demand for cooling solutions and system upgrades for facilities in healthcare, cloud technology, retail, telecom & IT, and energy have contributed tremendously to growth in the industry.

FMs looking to keep their data centers running efficiently have invested or plan to invest in air conditioners, precision air conditioners, chillers, and air handling units, as these are the most purchased items to keep machines from over-heating. Precision air-conditioners make up 20 percent of the data center cooling market, offering humidity controls and automatic AC bursts.

With rising energy costs and the need to cool off more data center components as the infrastructure increases, facilities are expected to spend billions worldwide. Telecommunications providers are the biggest investors, making up 20 percent of the cooling market revenue. The increased demand for Wi-Fi and other wireless communications signals even greater potential for cooling system revenues as technology infrastructure increases and expands. 

 

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Surpass State Energy Requirements with Dual-Cooling Data Center CRAC Technology

See how professionals like you are taking advantage of the highest performing precision cooling system for their computer rooms and data centers, and why Data Aire is fast-becoming the number one choice for facility managers and building owners looking to decrease their energy consumption. 

Data Aire understands how digital technology and data gravity is rapidly impacting and transforming businesses. That’s why they developed ultra-efficient cooling technology to support the most modern (and not-so-modern) data centers.  Learn how One Wilshire in Los Angeles, one of the most advanced carrier hotels today, is surpassing California's strict energy efficiency requirements with Data Aire’s purpose-built system, which provide full-economization for 260 days – almost 72% of the year. That’s a measurable savings! Furthermore, the projected PUE on an annual basis for a full load is at or below 1.2.

Connectrac® wireways are the new standard for bringing power & communications cable management to all interior applications. Free yourself from core drilling!

Surpass State Energy Requirements with Dual-Cooling Data Center CRAC Technology

See how professionals like you are taking advantage of the highest performing precision cooling system for their computer rooms and data centers, and why Data Aire is fast-becoming the number one choice for facility managers and building owners looking to decrease their energy consumption. 

Data Aire understands how digital technology and data gravity is rapidly impacting and transforming businesses. That’s why they developed ultra-efficient cooling technology to support the most modern (and not-so-modern) data centers.  Learn how One Wilshire in Los Angeles, one of the most advanced carrier hotels today, is surpassing California's strict energy efficiency requirements with Data Aire’s purpose-built system, which provide full-economization for 260 days – almost 72% of the year. That’s a measurable savings! Furthermore, the projected PUE on an annual basis for a full load is at or below 1.2.


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