|
(Wireless-NewsWire.Com, May 24, 2018 ) The North America Heating, Ventilation, and Air Conditioning (HVAC) contained server market size is expected to grow from 634.8 Million in 2017 to USD 1,540.4 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 19.4% during the forecast period. The HVAC contained server setup is also sometimes referred to as climate controlled cabinets, smart closets, and smart cabinets, and it protects essential electronic components with high quality cooling units. It also addresses the need to install a complete data center by providing a simple, fully integrated infrastructure that has precision cooling, Uninterrupted Power Supply (UPS), power management, and monitoring technologies in an enclosed system. The air conditioning capacity is designed considering the rack equipment and volume. This saves considerable amount of capital and operational costs for the enterprises. Some of the factors driving the North America HVAC contained server market are an exponential increase in server rack densities, proliferation of Small and Medium-sized Enterprises (SMEs) and startups, and significant cost savings achieved by the server owners.
Explore More Information about report @ https://www.researchcosmos.com/reports/north-america-hvac-contained-server-market-analysis-and-forecast-to-2022-growth-opportunity-assess/6977354
The North America HVAC contained server market report has been broadly classified on the basis of form factor forms into below 20 U, 20 to 40 U, and above 40 U; cooling capacities into below 6,000 BTU, 6,000 to 10,000 BTU, and above 10,000 BTU; and organization sizes into large enterprises and SMEs. The market has also been segmented into various verticals, including Banking, Financial Services, and Insurance (BFSI); IT and telecom; government and defense; healthcare; education; retail; manufacturing; and others (media and entertainment, and transportation and logistics), and on the basis of countries into the US and Canada.
The 20 to 40 U form factor is projected to grow at the highest rate, and is expected to continue its dominance during the forecast period. The 20 to 40 U range of servers provides an ideal blend of processing power, storage, and functionality. These servers are getting increasingly deployed by businesses, as they provide more features than the below 20 U rack servers.
The below 6,000 BTU cooling capacity is projected to hold the largest market share in 2017, and is expected to grow during the forecast period. The main reason for the high demand is that this range of cooling capacity has a low power requirement, and hence is more economical. This cooling capacity is ideal for deployment in small-sized businesses.
The SMEs segment is moving toward the adoption of HVAC contained server market, and growing rapidly at the highest CAGR during the forecast period. SMEs face intense competition from large enterprises; thus, to gain a competitive edge, they are adopting HVAC contained servers, which would enable energy-efficient cooling, safety, and availability of costly IT equipment in harsh weather conditions, thus enhancing the business productivity. This trend is expected to continue among the SMEs during the forecast period.
Request free sample @ https://www.researchcosmos.com/request/6977354
The BFSI vertical is projected to grow at the highest CAGR during the forecast period. The increasing demand for HVAC contained server centers in the BFSI vertical is driven by the shift toward digitization and big data. The BFSI vertical is expected to hold crucial customer information, and with the increasing number of customers, it has resulted in an exponential data growth in the banking and financial services industry.
The decline in demand for server hardware due to consolidation and virtualization might pose as a restraint for the market. Still, vendors are anticipated to take advantage of opportunities, such as rapid growth in server traffic, and the huge demand for Internet of Things (IoT) and edge computing, which are increasing the need for HVAC contained servers. Less awareness about HVAC contained servers, and the issue of manufacturing server cabinets according to varying rack sizes and volume are expected to pose challenges to the overall market growth.
The major vendors providing HVAC contained servers in North America are Black Box Corporation (Pennsylvania, US), Vertiv Co. (Ohio, US), Schneider Electric (Rueil-Malmaison, France), STULZ GmbH (Hamburg, Germany), Hitachi Systems (Tokyo, Japan), Tripp Lite (Illinois, US), Rackmount Solutions (Texas, US), EIC Solutions, Inc. (Pennsylvania, US), Crenlo (Minnesota, US), and Karis Technologies Inc. (Toronto, Canada). These players have adopted various strategies, such as new product developments, acquisitions, and partnerships to serve the market. Continuous technology innovation is an area of focus for these players to maintain its competitive position in the market and promote customer satisfaction.
Check for discount @ https://www.researchcosmos.com/discount/6977354
About Us:
Research Cosmos is an aggregator of syndicated and bespoke market research, business intelligence and consulting services on gamut of sectors across the globe. We’re associated with world renowned publishers who when combined, serve hundreds of fortune listed companies and publish wide range of insightful reports which cover nook and corner of every industry vertical.
Research Cosmos
Dani Rodriguez
+1 888 709 8757
dani@researchcosmos.com
Source: EmailWire.Com 
|
