- Increasing deployment of data centers, low electricity tariffs, and increasing adoption of colocation services are key driving factors for growth of the IT cooling system market.
- Certain small–and medium–sized enterprises opt for colocation services, which is anticipated to drive the demand for IT cooling systems market.
- Expansion of large enterprises is expected to provide lucrative opportunities for key players.
MarketResearch.biz, in its upcoming report “Global IT Cooling Systems Market Forecast 2026” provides detailed study on IT Cooling Systems market drivers, trends, IT Cooling Systems market opportunities and other important details on global IT Cooling Systems market.
Likewise, IT Cooling Systems market research report includes threats, growth restraining factors, share, size, IT Cooling Systems revenue as well as IT Cooling Systems market growth and Y-o-Y Growth from 2016-2026. The IT Cooling Systems industry report has been segmented on the basis of type, application and zone. The global IT Cooling Systems market was valued at $152.9 million in 2017. That means global IT Cooling Systems market is growing and estimated to grow at CAGR of 2% over 2026. IT Cooling Systems market report covers the region-wise analysis which has been detailed in IT Cooling Systems market report. The IT Cooling Systems market’s report is analysed by PEST analysis, PORTER’S five forces analysis.
Global IT Cooling Systems Market: Segment Snapshot
Among the application segments, data centers segment is expected to account for $100.3 million in 2017. Among the zones covered in the report, North France market is estimated to account for $99.5 million in 2017.
IT cooling system is a solution used to control humidity and maintain an optimal temperature inside the data center or server rooms. These systems are placed to ensure that the temperature and humidity levels are maintained within the advised levels. Data centers or server rooms require a cool environment to function efficiently, as excessive heat generated from the processors can damage the systems.
Increasing deployment of data center, low electricity tariff, increasing adoption of colocation services, over load and heat issues and regulation and sustainability are key driving factors for growth of the France IT cooling system market.
With the high cost associated with deploying a data center, certain small–and medium–sized enterprises opt for colocation services which is comparatively cost effective. This helps businesses to strengthen operation in their specific industries by taking advantage of low cost and high quality managed data center services, and in turn would increase the load on the existing or expansion of the data center in use. This is anticipated to drive the demand for IT cooling systems market in the near future.
Nonetheless, various large enterprises are expanding and setting–up data centers in the country in order to offer lower latency for local users, improve disaster recovery and replication. This is expected to provide lucrative opportunities for key players in the France IT cooling market over the forecast period.
Key players operating in the France IT Cooling Systems Market are Emerson Electric Co., Schneider Electric SE, Rittal GmbH & Co. KG – Friedhelm Loh Group, STULZ GmbH., Airedale International Air Conditioning Limited, Pentair Plc, KyotoCooling BV, Climaveneta S.p.A, Siemens AG, Saifor