The Data Center Cooling Fans Market size is expected to reach US$ 697.66 million by 2031 from US$ 461.49 million in 2023. The market is estimated to record a CAGR of 5.3% from 2023 to 2031. The growing demand for customized cooling fans is likely to be a key market trend.
Benefits provided by data center cooling fans to different types of data centers include reliable performance levels, effective air temperature management, and easy installation in both SMEs and large-scale facilities, making them suitable for environments where excess heat is a constant challenge. The high amount of heat generated by data centers and a rise in the number of data center construction activities across the globe are expected to boost the data center cooling fans market growth during the forecast period. In addition, as data center cooling fans are widely used in different types of data centers, such as colocation data centers, hyperscale data centers, and edge data centers, their demand is increasing globally. Furthermore, the rising demand for electronically commutated (EC) fans as an eco-friendly alternative that promotes environmentally friendly cooling methods by reducing operating costs is expected to create opportunities in the market. These fans use less energy, which contributes to overall energy efficiency in data centers. Moreover, technological advancements, a rise in demand for customized cooling fans, and an increase in R&D activities are propelling the data center cooling fans market.
Data center cooling fans are critical components of data center cooling systems. These fans circulate air within the data center and remove heat produced by the servers and other equipment. Data centers use a variety of cooling fans, including centrifugal fans, axial fans, and mixed flow fans. These fans work in conjunction with a variety of cooling equipment and systems, including evaporative cooling, chilled water systems, and air-based cooling equipment such as heat sinks and pipes. The primary function of data center cooling fans is to absorb warm air and circulate it through various cooling devices, such as chilled water coils and evaporative cooling pads, to remove heat, improve airflow, and reduce the temperature in the data center.
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Data Center Cooling Fans Market: Strategic Insights
The growing number of data center construction activities worldwide is accelerating the data center cooling fans market. For instance, in February 2023, the government of Maharashtra signed a memorandum of understanding (MoU) with UK-based Ark Data Centers and Japan's Nippon Telegraph and Telephone (NTT) for the construction of two new data centers in Pune. The MoU with NTT covers an investment of US$ 2.5 billion for the development of data centers in Pune, Mumbai, Thane, and Nagpur. This project generated the demand for cooling fans to manage temperature ranges and reduce overheating in the data centers. A few of the most significant data center projects of 2023 are mentioned below:
Data centers are increasingly using cooling fans to improve the overall reliability and durability of the equipment. Cooling fans help reduce overheating, consequently eliminating premature hardware failure. This results in fewer equipment repairs and less downtime, increasing the data center's overall efficiency and productivity. Thus, the growing number of data center construction activities has surged the demand for data center cooling fans for maintaining temperate ranges and preventing overheating.
Rising Adoption of Electronically Commutated (EC) Fans
Electronically commutated (EC) fans are direct drive fans integrated into the cooling unit to manage temperature by removing excess heat in the data center. These fans are naturally more efficient than ordinary fans due to their unique design, which incorporates a brushless EC motor and a rearward curved motorized impeller. The benefits provided by EC fans to data centers are given below.
Significant benefits provided by EC fans are creating opportunities for market growth. Moreover, the demand for high-performing EC motors for data center cooling fans encourages manufacturers to develop next-generation EC motors that enhance the performance of cooling fans. For instance, in April 2024, Blauberg Ventilatoren GmbH introduced the latest line of centrifugal fans powered by the EC102 500 W motor. These centrifugal fans are energy efficient, with the added convenience of the Modbus RS-485 data protocol. The EC fans are highly energy-efficient cooling solutions that reduce energy consumption by more than 10–15%, allowing data center designers to save money on upstream electrical infrastructure such as wiring, circuit breakers, and transformers. Hence, the demand for energy-efficient, eco-friendly, and cost-efficient cooling fans for airflow management in data centers and server rooms is expected to create opportunities in the market.
Key segments that contributed to the derivation of the data center cooling fans market analysis are type and data center type.
The regional trends and factors influencing the Data Center Cooling Fans Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Data Center Cooling Fans Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 461.49 Million |
Market Size by 2031 | US$ 697.66 Million |
Global CAGR (2023 - 2031) | 5.3% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The Data Center Cooling Fans Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Data Center Cooling Fans Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The data center cooling fans market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the data center cooling fans market are listed below:
(Source: Nidec, Press Release, July 2022)
(Source: Systemair AB, Press Release, May 2024)
The "Data Center Cooling Fans Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
The List of Companies - Data Center Cooling Fans Market
The key players holding majority shares in the global data center cooling fans market are Canarm Ltd; ZIEHL-ABEGG SE; Continental Fan.; ebm-papst; Multi-Wing Group A/S; NOVENCO Building & Industry A/S; Mainstream Fluid & Air LLC; TWIN CITY FAN; Rosenberg Ventilatoren GmbH; Nidec Corp; Sofasco Fans; Systemair AB, Transmonk India Pvt. Ltd.; Blauberg Ventilatoren GmbH; Hidria d.o.o.; PBM Motor and Fan (Suzhou) Co Ltd; Regal Rexnord Corp; Hangzhou Kiron Motor Co., Ltd.; and Ningbo Longwell Electric Technology Co., Ltd.
Growing demand for customized cooling fans, which is anticipated to play a significant role in the global data center cooling fans market in the coming years.
The global data center cooling fans market is expected to reach US$ 697.66 million by 2031.
The incremental growth expected to be recorded for the global data center cooling fans market during the forecast period is US$ 236.17 million.
Overheating of data centers, growing demand for data center cooling systems in SMEs and large enterprises, and increasing data center construction activities are the major factors that propel the global data center cooling fans market.
The global data center cooling fans market was estimated to be US$ 461.49 million in 2023 and is expected to grow at a CAGR of 5.3 % during the forecast period 2023 - 2031.