Data Center Rack Market Size to Reach USD 3.325 Billion by 2026 - Valuates Reports

BANGALORE, India, April 30, 2020 /PRNewswire/ -- The global Data Center Rack market size was USD 2.338 Billion in 2019 and is forecast to hit USD 3.325 Billion by the end of 2026, with a CAGR of 5.1 % in 2021-2026.

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Furthermore, the global data rack industry was valued at USD 2.0 Billion (manufacturer's revenue) in 2016 and is expected to reach USD 2.8 billion (manufacturer's revenue) by 2023. The global data rack ex-prices, from the manufacturer's point of view, are about USD 300-650 /unit.

Some of the major factors that are contributing to the growth of data center rack market size are increasing deployment in colocation facilities, rising server density, and the adoption of robust racks.

This study focuses on the status of the global Rack Data Center, future outlook, growth potential, key industry, and key players. The objective of this study is to present the creation of the Data Center Rack in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.

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TRENDS INFLUENCING THE DATA CENTER RACK MARKET SIZE

    --  The growing installation of data centers all over the world is the key
        driving force increasing data center rack market size. Also, driving
        market growth is the increasing demand for technology services and the
        rising investment from major companies.
    --  The industry has witnessed a transition to the server-based rack data
        center, which is expected to play a critical role in allowing IT teams
        to meet rapidly changing business needs while at the same time reducing
        both operational and capital spending.
    --  With emerging technology and the introduction of high-density servers,
        rack infrastructure has become an essential feature in data centers.
        When manufacturing a data center rack factors like, the need to host
        servers efficiently, manage cables, and promote airflow to ensure
        maximum data center efficiency has to be considered. Hence,
        manufacturers concentrate on the continuous enhancement of their
        products by incorporating many features, which is, in turn, expected to
        drive the growth of data center rack market size.
    --  High capital investments in data center rack systems deliver several
        opportunities for business growth. However, virtualization, blade
        servers, and consolidation pose a challenge for the growth of the data
        center rack market.
    --  Growing end-user adoption due to the availability of low-cost rack
        solutions is expected to have a beneficial effect on the growth of the
        global data center rack market over the forecast period

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DATA CENTER RACK MARKET SHARE ANALYSIS

    --  North America is expected to hold the largest data center rack market
        share. The key reason behind this estimation is the popularity of data
        center racks among users, the presence of many data center facilities,
        and the availability of advanced infrastructure in the region.
    --  The Asia Pacific, by comparison, is considered to be the fastest-growing
        data center rack business network. Countries such as India and China are
        adopting the new technologies, hence giving the necessary push for the
        growth of the global data center rack market.
    --  The data center rack enclosure segment is expected to hold the highest
        market share. In 2016 the data center rack enclosure accounted for 81
        percent of units.
    --  The top manufacturers include Emerson Electric, Eaton, Schneider
        Electric, HPE, and Dell. Emerson Electric is the number one producer in
        the world. The shipments to Emerson in 2016 were 702.1 K units. Emerson
        owns 16 % of the global data center rack market share.

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DATA CENTER RACK MARKET ANALYSIS BY COMPETITORS

The data center rack market is concentrated, with many regional and national companies. Market players leverage advanced technologies to provide high-quality products that meet the emerging needs of end-user industries. The data center rack market report offers an overview of the competitive environment of the market and with details on the products provided by the companies. Some of the major players that are analyzed in this report are,

    --  Emerson Electric
    --  Eaton
    --  Schneider Electric
    --  HPE
    --  Dell
    --  IBM
    --  Oracle
    --  Rittal
    --  Cisco
    --  Chatsworth Products
    --  Tripp Lite
    --  Black Box
    --  Belden
    --  Fujitsu
    --  Dataracks
    --  AMCO Enclosures
    --  Others.

COVID-19 IMPACT ON GLOBAL DATA CENTER RACK MARKET

A data center rack is a kind of physical steel and electronic structure designed to house servers, networking tools, cables, and other computer equipment for data centers. This physical structure allows for the positioning and orchestration of equipment inside a data center facility.

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries. The global impacts of the 2019 coronavirus disease (COVID-19) are already starting to be felt and will have a major impact on the 2020 Data Center Rack market.

DATA CENTER RACK BREAKDOWN DATA BY TYPE

    --  Open Frame Racks
    --  Rack Enclosures
    --  Wall-mount Racks.

DATA CENTER RACK BREAKDOWN DATA BY APPLICATION

    --  Networking Data Center Rack Application
    --  Servers Data Center Rack Application
    --  Others.

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SIMILAR REPORTS :

? Data Center Rack and Enclosure Market Report

Enclosures are racks fitted with side panels and front and rear doors. The global Data Center Rack and Enclosure market size was USD 2.000 Billion in 2018 and is projected to hit USD 4.290 Billion by the end of 2025, rising at a CAGR of 10.0 percent between 2019 and 2025.

This report studies the market size (value and volume) of the Data Center Rack and Enclosure by players, countries, product types and end industries, 2014-2018 historical data, and 2019-2025 forecast data. Furthermore, this study also analyses the global competitive environment, market drivers and trends, opportunities and threats, risks and entry barriers, distribution channels, distributors, and Porter's Five Forces Analysis.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-3T245/data-center-rack-and-enclosure

? Data Center Rack Server Market Report

The global Data Center Rack Server market size was USD 36.750 Billion in 2019, and it is projected to hit USD 105.590 Billion by the end of 2026, with a CAGR of 16.2 percent in 2021-2026.

Datacenter rack server solutions are gaining significant importance among organizations as they are flexible and make conventional technologies easy to migrate. Rack servers can be mounted at low initial cost and can also be run at a lower cost than other technologies.

This study focuses on the status of the global Rack Server data center, future outlook, growth potential, key industry, and key players. The objective of this study is to present the creation of the Data Center Rack Server in North America, Europe, China, Japan, Southeast Asia, India, and Central & South America.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-10B1860/global-data-center-rack-server

? Data Center Cooling Market Report

In 2017, the global data center cooling market size was estimated at USD 8.384 Billion and was expected to reach USD 23.215 billion by 2025, rising at a CAGR of 13.7 percent from 2018 to 2025.

Cloud center operators are using cooling systems to maintain the temperature within an acceptable level in data centers. Information centers need to operate 24/7 to handle large quantities of data efficiently. The equipment dissipates heat energy in data processing, which generates the need for cooling to prevent damage caused by overheating to the equipment. This is expected to increase the data center cooling market size.

View Full Report: https://reports.valuates.com/market-reports/ALLI-Auto-2V331/data-center-cooling

? Data Center Rack PDU Market Report

The study report studies the demand for Data Center Rack PDU using various methodologies and analyses to provide reliable and comprehensive market information. The study includes North America, Europe, Asia-Pacific, South America, the Middle East & Africa, etc. Based on global sales, the study lists the major producers in the regions and their respective market share. It also outlines their strategic developments in recent years, investments in product innovation and leadership changes to remain ahead in the market.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-2U290/data-center-rack-pdu

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