Recently, Chinese consulting firm ICT released its annual report on Chinese data center cooling market. According to the record, Chinese data center cooling marker was valued at 2.8 billion yuan in 2020 and is expected to reach RMB 3.299 billion by 2025.
Drivers of China Data Center Cooling Market
China is launching a "new infrastructure" campaign to offset the economic which including the construction of 5g network and data centers. The rising number of these data centers have resulted in an increasing demand for data center cooling solutions.
As the application of 5G, wearable devices, the internet of things, and artificial intelligence spurs a burgeoning demand for computing power, larger enterprises looking to scale up their data centers to ensure stability and reliability of data services.
The energy consumption quota of data centers must be approved by governmental in China, further leading to an increase in the demand for efficient cooling systems.
The finance, telecom, government and manufacture segment captured the most market share in the past (70% in total) and are expected to register the highest CAGR over the forecast period.
Well-known Data Center Cooling Brands such as VERTIV, HUAWEI, CANATAL, KSTAR, STULZ GMBH were the key players in the Chinese data center cooling market. HUAWEI, CANATAL, KSTAR, and STULZ GMBH are all local companies while VERTIV holds the largest market share of 31.2%.
KSTAR is a global leader in the R&D and manufacture of data center infrastructures (UPS, battery, cooling, racks), PV inverter and Energy storage systems. Kstar Ranks No.1 In China's UPS & UPS battery sales and NO.10 in data center cooling solutions.