North America Data Center Cooling Market size exceeded USD 4 billion in 2020 and is projected to witness 10% CAGR from 2021 to 2027. The market growth is due to the development and implementation of cutting-edge connected technologies.
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Rising demand for high bandwidth and operational efficiency to enable digital transformation in various sectors will boost the market demand. Organizations require high processing power for robust performance and enhanced cooling efficiency to achieve improved level of automation. Companies in this region are focusing on employing cost-effective and environmental-friendly cooling solutions. Substantial investments in data center construction by companies including Amazon, Inc. and Google, Inc. are driving the North America data center cooling market expansion.
North America Market, By Component
The air conditioner cooling segment is set to show tremendous growth through 2027, owing to the rising need for efficient and cost-effective data centers in North America. Air conditioning systems deliver energy savings to reduce the running costs of large-scale data centers. Companies offer specialized air conditioning and temperature management solutions to meet the unique cooling system demands of modern data centers. These cooling units can be deployed in a modular rack configuration, which allows rapid installation and load expansion. Air conditioner cooling systems provide a quick and efficient method for regulating moisture levels and preserving relative humidity within the optimum range required by data center equipment.
North America Market, By Cooling Technique
The North America data center cooling market is witnessing increasing demand for row/rack-based cooling systems as they can be efficiently used in standalone and high-density servers. The row/rack cooling design boosts capacity and redundancy to be targeted to the actual needs of specific rows. Such cooling systems require less space and can be efficiently used in edge & micro data centers. These systems are optimum solutions for data centers used in industries generating high data volume as they have a higher Energy Efficiency Rating (EER). It also offers improved serviceability as row/rack cooling systems are placed outside of the data center white space. Such cooling systems boost the floor load-bearing capacity, minimize installation costs, and eliminate the requirement for access ramps.
North America Market, By Application
The data center cooling market in North America is driven by significant demand from the IT & telecom sector. The launch of 5G network services in several countries including the U.S. and Canada is generating a large amount of data that needs to be stored and processed. The demand for high-speed 5G networks and lower latency from internet devices has resulted in increased deployment of edge data centers. These data centers require continued advancements in cooling systems to minimize heat generation. The growing IT industry due to increasing public and private organization investments in various projects is expected to increase data traffic in the region.
Competitive Industry Landscape
Prominent participants operating in the North America data center cooling market include ABB Group, Adaptivcool, Black Box Corporation, CenturyLink, Coolcentric, Ebullient, Inc., Harmon group Liquid Cool Solutions, Inc., Nortek Air Solutions, LLC, Schneider Electric SE, STULZ GmbH, and Vertiv Co.
Manufactures are introducing innovative solutions to remain competitive in the market. For instance, in July 2020, Hamon Group completed the Pingshan phase I project, the shell of the Phase II cooling tower. The tower raises to 210 m above the ground level.