Europe Data Center Cooling Landscape Report 2024: Market to Witness Investments of $3.41 Billion by 2029 with Local and Global Operators Seeking Deals in the Region - ResearchAndMarkets.com

The "Europe Data Center Cooling Market Landscape 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Europe data center cooling market by investment is expected to reach 3.41 b...

Autore: Business Wire

DUBLIN: The "Europe Data Center Cooling Market Landscape 2024-2029" report has been added to ResearchAndMarkets.com's offering.

The Europe data center cooling market by investment is expected to reach 3.41 billion by 2029 from $2.1 billion in 2023, growing at a CAGR of 8.40% from 2023 to 2029

The Europe data center cooling market hosts various active vendors offering different solutions. Vendors that provide innovative and advanced technologies stand a better chance of securing a larger share throughout the forecast period. Some of the prominent cooling infrastructure providers operating in the Europe data center cooling industry include 4energy, 3M, Airedale, Alfa Laval, Black Box, Carrier, Condair, Daikin Applied, Delta Electronics, Eaton, EcoCooling, Green Revolution Cooling, Johnson Controls, Mitsubishi Electric, STULZ, Schneider Electric, Rittal, Vertiv and others.

Ongoing advancements in cooling technologies, including direct-to-chip and liquid immersion, are crucial for addressing the data center industry's needs. Many colocation and hyperscale operators are now implementing these liquid cooling solutions, which help reduce energy consumption and lower electricity costs.

The growth of IoT, cloud computing, and AI/ML is propelling the data center market in Europe. Government-led initiatives are aimed at digitalization in different sectors in European countries. Local and global operators have shown interest in investing in data centers in European countries. For instance, In July 2023, CyrusOne planned its sixth German data center, FRA6, in Frankfurt following the Europark site acquisition. It will strategically provide 72 MW IT capacity across four floors, emphasizing sustainability and meeting Frankfurt's digital demands.

In 2023, Germany dominated the Europe data center cooling market in terms of investment, followed by Ireland, the UK, France, Norway, Denmark, Spain, Switzerland, the Netherlands, Belgium, Finland, Iceland, Russia, Poland, and other European countries. In Western Europe, Germany was the largest data center cooling market by cooling systems in terms of investment, with a share of around 20% in 2023, followed by Ireland with a share of around 20%, the UK with a share of around 15%, and France with a share of around 15%.

In the Nordics, Norway was the largest data center cooling industry by cooling systems in terms of investment, with a share of around 33% in 2023, followed by Denmark with around 28%. In Central & Eastern Europe, Russia was the largest data center cooling industry by cooling systems in terms of investment, with a share of around 35% in 2023, followed by Poland.

KEY TRENDS

5G Deployment Fuels Data Center Investments

Rising Adoption of AI Will Drive Demand for Advanced Cooling Technologies

Growing Rack Power Density

Innovations in Data Center Cooling Techniques

Adoption of Liquid-Cooling Techniques

SEGMENTATION INSIGHTS

KEY QUESTIONS ANSWERED:

Key Attributes:

Report Attribute Details
No. of Pages 126
Forecast Period 2023 - 2029
Estimated Market Value (USD) in 2023 $2.1 Billion
Forecasted Market Value (USD) by 2029 $3.41 Billion
Compound Annual Growth Rate 8.4%
Regions Covered Europe

VENDOR LANDSCAPE

Prominent Cooling Infrastructure Providers

Segmentation by Infrastructure

Segmentation by Cooling Systems

Segmentation by Cooling Technique

Segmentation by Tier Standards

Segmentation by Geography

For more information about this report visit https://www.researchandmarkets.com/r/3x90gt

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Fonte: Business Wire


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