In 2022, it is anticipated that the market for high density racks (>100Kw) will be worth US$ 3123.5 Million. The number of data centres is expanding quickly in order to keep up with the growing demands from business processes to handle complex analytics and storage needs.
A CAGR of 8% is predicted between 2022 and 2032 for the total demand for high density racks (>100Kw), which is expected to reach US$ 6758.1 million by 2032. With a CAGR of 6.1% between 2016 and 2021, sales significantly increased. High density racks are most advantageous in locations with high space costs and benefit users by ensuring that the zone’s design and size are adequate to accommodate growth for at least five to ten years of capacity.
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High density racks are primarily used to support high density computing in data centres, where they support information technology and various networking equipment such as switches, servers, and routers. The overall demand for high density racks (>100Kw) is projected to grow at a CAGR of 8% between 2022 and 2032, totalling around US$ 6,758.1 Million by 2032.
The North America high density racks (>100Kw) market is expected to accumulate a market share of 24.6% in 2022. On a geographic basis, the US is anticipated to be the one of the largest high density racks (>100Kw) markets due to the presence of a lot of exporters. Technological innovation and advancement will further optimize the performance of the product, making it more widely used in various applications.
Here are some key takeaways about the high density racks (>100Kw) market:
- High density racks are designed to provide efficient and effective cooling solutions for data centers and other high-density computing environments.
- The market for high density racks is driven by the growth of data centers, cloud computing, and high-performance computing applications.
- North America is the largest market for high density racks, followed by Europe and Asia-Pacific.
- Key players in the market include Vertiv Co., Schneider Electric SE, Eaton Corporation, and Rittal GmbH & Co. KG.
- The market is characterized by a high degree of competition, with numerous players offering a wide range of products and solutions.
- The COVID-19 pandemic has had a mixed impact on the high density racks market, with increased demand from sectors such as healthcare and online retail, but reduced demand from other industries such as travel and hospitality.
- The market is expected to experience steady growth in the coming years, driven by the increasing demand for data centers and cloud computing services, as well as the need for more efficient and sustainable cooling solutions. Technological advancements such as liquid cooling and modular designs are also expected to drive growth in the market.
With a share of 21.4%, the European region is anticipated to be the second-largest market for high density racks (>100Kw). Demand for high density racks (>100Kw) is anticipated to rise as a result of an unavoidable need for better performance.
A strong economic landscape, huge IT budgets, high technology assimilation, and the early adoption of advanced technologies, such as edge computing, High performance computing (HPC), and AI, are expected to boost the demand.
Netrack India announced the release of the NRSE series high-density closed rack solution for a reliable data centre in February 2022. High-density data centres are essential for managing high-density applications. Server cabinets and racks are the foundation of a data center’s capability. There are various cabinets available for data centre applications. Choosing the right server rack for a high-density data center is crucial for its functionality.
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Key Segments Covered in the High Density Racks (>100Kw) Industry Analysis
By Type:
- Drive-in Rack
- Drive-through Rack
By Cooling:
- Refrigerant
- Water
- Direct Expansion
- Air Flow
By End Use:
- Distribution Centers
- Warehouses
- Food Processing Plants
- Big-box Retail Outlets
- Data Center
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