Research and Markets has announced the addition of the Global Data Center Precision Air Conditioning Market 2016-2020 report to their offering.
The report forecasts the global data center precision air conditioning market to grow at a CAGR of 10.04% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
A key trend which is boosting market growth is the economizers-based precision cooling. Economizer-based cooling is the free cooling technique, which is highly suitable for data centers that are operated in colder regions. In colder conditions, the heating, ventilation, and air conditioning (HVAC) system compressor is shut down, and cool air from outside is used to cool the data center. Precision cooling systems use external cold air and supply it to the racks installed in data centers.
According to the report, a key growth driver is the rising need to reduce OPEX. Precision air conditioners enable precision control over the temperature and humidity of data center facilities. This aids in efficient cooling and the reduction of electricity consumption. The growing use of the free cooling technique in areas with favorable climatic conditions will aid in the adoption of precision systems for added benefits. Also, the precision cooling systems are around 40% cheaper compared to comfort cooling systems.
Further, the report states that a major factor that could hamper market growth is the increasing compactness of IT equipment. Precision air conditioning vendors are focused on eliminating hot spots in the equipment, which will increase the efficiency of data centers. Further, as a result of the increased compactness of equipment, there is a need for high-density cooling solutions to be put in place for efficient cooling of the equipment.