The high density racks (100 kW) market was valued at US$ 3,123.5 Million in 2022, and it is anticipated to grow to US$ 6,758.1 Million by 2032, at a CAGR of 8%.
In its most recent market study, titled “High Density Racks Market,” Future Market Insights provided insights as it walked through these aspects. It has a team of analysts and consultants who examine its primary, secondary, and tertiary modes of research using a bottom-up approach.
The global high density racks market is anticipated to grow on a remarkable scale as more people become aware of how high density racks provide support for networking equipment such as switches, routers, and other in data centres, servers, and high density computing.
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With an ever-increasing demand for compact equipment along with growing adoption of high density racks, the global high density racks market is expected to grow stupendously in the forecast period.
HPC (High Performance Computing) environments like Oil and Gas vertical are required to analyze and manage extreme computing levels pertaining to seismic processing. This is where high density racks come into picture. Thus the market would grow unstoppably in the forecast period.
At the same time, the fact that the cost of cooling is higher can’t be ignored. This factor is expected to restrain the high density racks market in the forecast period.
Key Takeaways:
- North America holds more than 25% of the market share. This could be credited to the US being subject to continuous technological advancements.
- Europe holds the second-largest market share. It holds ~21% of the market share. This could be reasoned with demand for better performance.
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Competitive Racks:
- Huawei came up with all-new UPS power module at Huawei Industrial Digital Transformation Conference 2020. This product does enable a single module’s power density for reaching 100 Kw/3 U (two times industry standards1). This Huawei’s FusionPower2.0 data center power supply and distribution solution has its base on 100 Kw module; and extends support to 1 MW power principle with footprint enabling enhanced data center utilization with increased revenue.
- Netrack India, in February 2022, did announce launching NRSE series high density closed rack solution for a data center. High-density data centers play a crucial role with regards to handling high-density applications. As such, server cabinets and racks do form base of data center.
- The other players in high density racks (>100 Kw) include Ridg-U-Rak, Emerson Electric Co., Eaton, AK Material Handling Systems, Valerack, Hewlett Packard Enterprise Development LP, Belden Inc., Redirack Storage Systems, Storax Limited, and likewise.
What does the Report say?
- The research study is based on type (drive-in rack and drive-through rack), by cooling (refrigerant, water, direct expansion, and air flow), and by end-use (distribution centers, warehouses, food processing plants, bog-box retail outlets, and data center).
- With addressing complex storage requirements and analytics on the anvil, the global high density racks market is expected to grow on a good note in the forecast period.
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Key Segments:
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
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa (MEA)
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