Data Center Cooling Market is expected to reach US$ 45.70 Billion by 2031

Growing Incorporation of Data Center Cooling Robots to Fuel Data Center Cooling Market Growth During Forecast Period 

According to our latest study, “Data Center Cooling Market Size and Forecast (2021–2031), Global and Regional Share, Trend, and Growth Opportunity Analysis – by Component, Cooling Type, Data Center Type, and Industry Vertical," the market was valued at US$ 13.29 billion in 2023 and is expected to reach US$ 45.70 billion by 2031; it is estimated to record a CAGR of 16.7% from 2023 to 2031. The report includes growth prospects owing to the current data center cooling market trends and their foreseeable impact during the forecast period.

Data center cooling robots can move within the facility, monitoring temperatures and humidity levels in particular server cabinets. As newer data center cooling technologies often entail substantial investments for facility owners, smart technology has emerged as a popular alternative. Datacenter smart assistants, along with AI and machine learning technologies, play a pivotal role in efficiently monitoring facilities and effecting real-time adjustments to maintain optimal temperatures and humidity levels. For example, Google, which employs smart temperature controls to decrease heat output and cooling usage, leveraged its DeepMind AI product to achieve a remarkable 40% reduction in cooling energy consumption in 18 months.

Data Center Cooling Market Analysis — by Geography

Source: The Insight Partners Analysis

The integration of data center cooling robots further enhances monitoring capabilities within the facility, enabling the continuous assessment of temperatures and humidity levels in specific server cabinets. Addressing the challenge of manually monitoring temperatures in cabinets, companies such as OneNeck IT Solutions have developed a robot sensor probe that seamlessly fits into standard cabinets. This innovative solution involves a robot that moves along a belt-driven rail inside the cabinet, collecting temperature data for each rack and transmitting it via Bluetooth to connected devices. Consequently, data center professionals can create comprehensive heat maps of the cabinet, facilitating informed decision-making and proactive maintenance strategies. Further, in response to the growing need for enhanced data center automation and robotics, Microsoft announced its plans to establish a dedicated team focused on advancing these technologies in October 2023. This strategic initiative reflects a proactive approach to addressing the evolving demands for data center cooling management. It underscores Microsoft's commitment to leveraging cutting-edge solutions for optimizing operational efficiency and performance. Thus, the growing incorporation of data center cooling robots is expected to create numerous opportunities for the market growth during the forecast period.    

Asetek, Inc.; Fujitsu Ltd; Mitsubishi Corp; Rittal GmbH & Co KG; Schneider Electric SE; Stulz SpA; Trane Technologies Plc; Vertiv Group Corp.; Black Box Corporation; Carrier Global Corp; Aspen Systems, LLC.; Daikin Industries Ltd; Delta Electronics Inc; Danfoss AS; Alfa Laval AB; Hewlett Packard Enterprise Development LP; Boyd Corp; Evapco Inc; Motivair Corporation; and Madison Industries are among the key players profiled in the data center cooling market report. Several other major players were also studied and analyzed during the market study to get a holistic view of the market and its ecosystem.

The report includes the data center cooling market forecast by component, cooling type, data center type, and industry vertical. In terms of component, the market is segmented into chillers, air conditioning systems, heat exchangers, cooling towers, air handling units, humidifiers, and others. In terms of revenue, the air conditioning systems segment held the largest data center cooling market share and is expected to record the highest CAGR during the forecast period.

The scope of the data center cooling market report focuses on North America (US, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Russia, and Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, UAE, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America). North America dominated the market in 2023, followed by Europe and APAC.

The Asia Pacific data center cooling market is segmented into Australia, China, Japan, India, South Korea, and the Rest of APAC. In terms of revenue, China held the largest data center cooling market share in APAC. Shanghai, Beijing, Guangzhou, Shenzhen, and Chengdu are a few of the largest and most significant cities in China concerning data center infrastructure and colocation services. According to BAXTEL, China currently has 92 facilities, with Equinix leading as the top provider with 8 sites, closely followed by iAdvantage (SUNeVision) with 7 facilities. Notably, the most popular facilities in China include Equinix Hong Kong HK1 and Global Switch Hong Kong. The country is exploring innovative solutions, such as leveraging ocean cooling to reduce the cost of cooling data centers and decrease the consumption of traditional energy sources. The demand for data center cooling in China is growing dynamically, driven by the increasing adoption of cloud computing, big data analytics, artificial intelligence, and the Internet of Things (IoT). As a result, the rising adoption of cooling solutions such as economizer systems, liquid cooling systems, control systems, air conditioning, chilling units, and cooling towers to address the evolving needs of various industries is fueling the market growth in China.

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