The cooling environment in data center depends upon technologies and equipment deployed in data centers to avoid overheating, enhance performance, and reduce downtime happen due to overheating. Cooling technologies are the essential factor in the efficient functioning of data centers. In recent years, the amount of data utilized has increased exponentially across the globe leading to increased use of traditional and cloud-based data centers. Since the need for data processing and data storage has increased, enterprises are extending their existing data center infrastructure as well as deploying new data centers. There has been an increased focus on improving the efficiency of data centers which has increased demand for the data center cooling.
Increasing number of data centers all over the world to manage a significant volume of data will foster the demand for data center cooling market. The need of infrastructure is increasing in large enterprises and government agencies due to the adoption of advanced technologies such as cloud and big data for storing the data. The cooling devices in the data center help to secure data from overheat by reducing extreme heat in the data center infrastructure.
Air conditioner segment appeared as a primary product segment in the global data center cooling market and accounted significant share in overall revenue. Essential advantages, such as maintaining and monitoring the temperature level, humidity, and air pressure offered by air conditioners, are the vital factors anticipated to fuel this segment. Characteristic, such as minimal investment, ease of installation, and low maintenance, are also important factors that affect the growth of air conditioners segment.
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North America market is a mature market for the data center cooling. The region accounted significant revenue share owing to technological development and matured IT sector. Increase in technology advancement in this area offers avenues for the growth of the market. However, this region is forecasted to witness a steady growth in comparison to the other areas. The Canadian data center cooling industry is attracting the North American consumers due to data security and low maintenance cost.
Prominent market players in the global printed battery market include Schneider Electric Se., Hitachi Ltd., Rittal GmbH & Co. Kg, Stulz GmbH, American Power Conversion Corporation, Hewlett-Packard Co., IBM Corp.,Intel Corp., Fujitsu Ltd.,, Emerson Network Power
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