Driven by the need to improve energy efficiency, reliability and cutting downtime while reducing operating costs, the North American market for mission critical cooling is currently growing at a CAGR of over 12 per cent and is forecast to reach US$ 2.9 billion by 2022. The majority of this value is accounted for by the IT sector according to the latest BSRIA market intelligence study.
With the need for data, high-performance computing, wireless communication, Internet of Things (IoT) and streaming rising dramatically in our digitally connected world, the need for data centres and servers has become a necessity with mission critical cooling going hand-in-hand.
Raphael Chalogony, General Manager, BSRIA Inc, said:
“Mission critical cooling is a method of cooling servers, computer systems and telecommunication equipment to precise temperatures as per set standards. These servers are used to organise, process, store and distribute large amounts of data and can be used in single rack data closets or large data centres with hundreds of racks.
Such servers and computer systems use large amounts of power and give off immense heat which could affect their efficiency and function. Downtime could be very expensive and disruptive and so mission critical cooling is an essential part of data centers.
Though traditional cooling still has a lion’s share of the market, other more efficient cooling solutions are growing rapidly as companies try to reduce cost and energy consumption. The market is currently dominated by established suppliers of cooling equipment, but a number of new suppliers are entering the market as new types of cooling are introduced.”