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Critical Power and Cooling Market Segmentation Wholesale Dan Feeney Jersey , Development Trends, Revenue, In-Depth Analysis by 2023
by mrfr123 · December 11, 2019
Power outages are non-negotiable in critical business environments such as hospitals, IT data centers Wholesale Mike Williams Jersey , industrial and infrastructural units, and energy setups. Critical power and cooling solutions are essential to enhance the life of equipment and ensure steady performance.聽 Critical power and cooling services have become key to the functioning of industries, especially the data center industry and are being increasingly demanded on a global scale. Market Research Future (MRFR) has recently published an in-depth report on the global critical power and cooling market and has indicated a CAGR of 8.92% in the market over the forecast period of 2018-2023.
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Perhaps, the increase in the number of data centers is the most significant factor that has driven the global critical power and cooling market. Data center operators are faced with the challenges of prolific growth in data consumption and workloads, meet sustainability goals Wholesale Jahleel Addae Jersey , reduce cost, and increasing power dense infrastructure which emits massive heat. Such complex environment requires reliable power, lighting, and heatingcooling for optimum performance, which has induced demand within the critical power and cooling market. Other factors supporting market growth include growing demand for improved cooling efficiency Wholesale Keenan Allen Jersey , need to stabilize power supply variation, and tighter industry regulations to reduce anomalies in power supply.
Segmentation
The global Critical Power and Cooling market has been segmented based on type and end-use.
By type, the critical power market and cooling market has been segmented into uninterrupted power supply (UPS), generators, and others. The other segment includes converters Wholesale Melvin Ingram Jersey , power transfer switching, inverters, transfer switches, breaker transfer pairs, and generator paralleling breakers. The UPS segment is estimated account for the largest share of the market over the forecast period. The growth of the segment can be attributed to rapid industrialization in the APAC region.