PUBLISHER: Grand View Research | PRODUCT CODE: 1433741
PUBLISHER: Grand View Research | PRODUCT CODE: 1433741
The U.S. data center cooling market size is projected to reach USD 8.52 billion by 2030, registering a CAGR of 9.2% from 2024 to 2030, according to a new study by Grand View Research Inc. The promising growth prospects of the U.S. data center market can be attributed to the rapid increase in data generation and the subsequent rise in the demand for data centers across the globe. Data centers consume a large amount of power and generate an enormous amount of heat, which presents the need for efficient cooling equipment which is anticipated to foster the market growth. The U.S. data centers cooling market is handling increasingly complex data thanks to the growing use of technologies such as the Internet of Things (IoT), Machine Learning (ML), Artificial Intelligence (AI), the growing popularity of multimedia content, and an exponential rise in online transactions. Data centers offer the scalable and secure infrastructure required to properly store and manage this data, assuring its availability for data analy
is, business intelligence, and decision-making processes.
Energy conservation, especially concerning cooling systems, has also become a primary concern for both enterprises and data center providers. As data centers grow and density, the focus of industry players on creating and implementing more sustainable and energy-efficient solutions has intensified in recent years. This has led to advancements in areas such as liquid-based cooling technologies, AI-driven optimization, and modular cooling systems in the market. These developments in the data center cooling business are directly related to the major developments taking place in the broader digital ecosystem. As organizations navigate the challenges of an increasingly data-centric world, the market is expected to play a vital role in ensuring the performance, reliability, and sustainability of modern data center operations.
U.S. data center cooling solutions are adopted across various industries, including healthcare, retail, energy & utilities manufacturing, BFSI, and Telecom & IT. Solutions specific to the customer's requirements are delivered based on Service Level Agreements (SLA) between vendors and customers. U.S. data center cooling solution providers usually offer free inspection and maintenance services up to a certain period to maintain a competitive edge in the market. Several U.S. providers also collaborate with cloud-based storage and data center vendors to deploy customized solutions as per the requirements of end-use enterprises. Further, integration with cloud computing and the resultant increase in computing capabilities have resulted in increased power densities across data centers. This is driving the demand for effective data center cooling solutions that ensure an ambient environment in data centers and the proper functioning of IT systems.