Europe Data Center Cooling Market Analysis and Forecasts to 2024 Show Consistent Growth
Category: #reports  By Madhuri Pawar  Date: 2019-02-22
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Europe Data Center Cooling Market Analysis and Forecasts to 2024 Show Consistent Growth

As per the latest report by Graphical Research titled “Europe Data Center Cooling Market Analysis By Component, By Cooling Technique, By Application (IT & Telecom, BFSI, Retail, Energy & Utility, Healthcare, Colocation), – Industry Report, Growth Analysis & Forecast, 2018 – 2024”, expected to surpass USD 6 Billion by 2024.

The data storage requirements in the region are growing rapidly due to the increasing adoption of cloud computing and connected technologies. The industrial sectors are adopting advanced equipment and machines, which are integrated with such technologies, generating large amounts of business data. The infrastructure facilities installed in the industries need to manage such massive information, which requires effective heat management solutions, thereby accelerating the Europe data center cooling market.

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In the Europe data center cooling market, the maintenance & support services are witnessing a substantial demand due to the increasing need for periodical inspection of IT devices to reduce the chances of system failures and downtime. The industrial sectors are implementing preventative maintenance tasks to predict the lifetime and operational efficiencies of the system. Such factors will drive the requirement for effective maintenance services & support, thereby providing an impetus to the Europe data center cooling market growth.

Room-based systems are witnessing a high adoption by the companies, which are focused on implementing cost-efficient technologies. These systems are providing several advantages to the companies such as easy installation, lesser operational and maintenance costs, and the ability to allow quick changes to the cooling pattern based on the position and location of the IT devices. Such factors are encouraging small-scale companies to shift their focus toward room-based cooling, providing a thrust to Europe data center cooling market growth.

IT & telecom companies are integrating these cooling solutions into their infrastructure facilities for the effective heat management of the devices. Increasing data traffic and integration of large number of electrical devices will lead to the need for effective cooling solutions. Moreover, the telecom sector is gearing up for 5G connectivity, which is predicted to unleash a massive IoT ecosystem, where the network will serve various communication needs for the billions of connected devices. Such advanced connectivity technologies are expected to drive the demand in the Europe data center cooling market.

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Key players participating in Europe data center cooling market are Schneider Electric, Asetek, Rittal GmbH, Climaveneta, Black Box Corporation, Condair Group AG, Nortek Air Solutions, AdaptivCOOL, and Airedale International Air Conditioning Ltd., among others. The companies are providing their innovative solutions based on business requirements.

Segments we Cover:

Europe Data Center Cooling Market, By Component
Solution
Chilling unit
Air conditioner
Cooling tower
Control system
Economizer
Liquid cooling system
Others
Service
Consulting
Maintenance & support
Installation & deployment

Europe Data Center Cooling Market, By Cooling Technique
Rack/row based
Room based

Browse key industry insights from this report @
https://www.graphicalresearch.com/industry-insights/1127/europe-data-center-cooling-market

Europe Data Center Cooling Market, By Application
IT & telecom
BFSI
Retail
Energy & utility
Healthcare
Colocation
Others

The Above Information Is Provided on a Country Basis for The Following:
Germany
UK
France
Spain
Russia

Related Reports:

  1. North America Data Center Cooling Market Size By Component (Solution {Chilling Unit, Air Conditioner, Cooling Tower, Control System, Economizer, Liquid Cooling System}, Service {Consulting, Maintenance & Support, Installation & Deployment}), By Cooling Technique (Rack/Row Based, Room Based), By Application (IT & Telecom, BFSI, Retail, Energy & Utility, Healthcare, Colocation), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2018 – 2024
  2. Global Automotive Air Filters Market is set to grow at 8% CAGR up to 2024

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

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Graphical Research
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About Author

Madhuri Pawar

Email: [email protected]   

Madhuri Pawar

A post graduate in Electronics and telecommunication field, Madhuri writes for News.Marketsizeforecasters.com and carries a rich experience in digital marketing, exploring how the online world works from a marketing perspective. her other areas of interest include rea...

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