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  • 15 May 2018 16:52

IT Cooling Systems Market - What Factors will drive the Market in Upcoming Years?

The France IT cooling systems market was valued at US$ 152.9 Mn in 2017 and is expected to register a CAGR of over 2%.

IT cooling system is a solution used to control humidity and maintain an optimal temperature inside the data center or server rooms. These systems are placed to ensure that the temperature and humidity levels are maintained within the advised levels. Data centers or server rooms require a cool environment to function efficiently, as excessive heat generated from the processors can damage the systems.

Deployment of data center are on the rise. Various large enterprises are expanding and setting–up data centers in the country in order to offer lower latency for local users, improve disaster recovery and replication. This would in turn drive growth of IT cooling system market in the country. In September 2017, TAS Group, an Italy-based software company, set up a new data center in France in order to enhance its cloud-based service offerings.

Increasing deployment of data center, low electricity tariff, increasing adoption of colocation services, over load and heat issues and regulation and sustainability are key driving factors for growth of the France IT cooling system market.

Among the application segments, data centers segment is expected to account for US$ 100.3 Mn in 2017. Among the zones covered in the report, North France IT Cooling Systems market is estimated to account for US$ 99.5 Mn in 2017.

With the high cost associated with deploying a data center, certain small–and medium-sized enterprises opt for colocation services which is comparatively cost effective. This helps businesses to strengthen operation in their specific industries by taking advantage of low cost and high quality managed data center services, and in turn would increase the load on the existing or expansion of the data center in use. This is anticipated to drive the demand for IT cooling systems market in the near future.

Key players operating in the France IT Cooling Systems Market are Emerson Electric Co., Schneider Electric SE, Rittal GmbH & Co. KG – Friedhelm Loh Group, STULZ GmbH., Airedale International Air Conditioning Limited, Pentair Plc, KyotoCooling BV, Climaveneta S.p.A, Siemens AG, Saifor

Source: https://marketresearch.biz/report/it-cooling-systems-market/

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