Data Center Rack Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_0099139
- Format: Electronic (PDF)
- Publish Type: Publish
- Number of Pages: 250
Market Snapshot
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 5.73 |
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The Data Center Rack Market size is estimated to grow at a CAGR of 8.45% between 2022 and 2032. The market size is forecast to increase by USD 4,567.23 million. The growth of the market depends on several factors, including the increasing demand for efficient data storage solutions, the rapid expansion of data centers, and the growing need for effective cable management and airflow optimization. Data center racks are essential components of data center infrastructure that provide support and organization for servers, networking equipment, and other IT hardware. They play a crucial role in maximizing space utilization, ensuring proper cooling, and facilitating easy maintenance and scalability.
Data Center Rack Market Overview:
Drivers:
One of the key factors driving the data center rack market growth is the increasing demand for efficient data storage solutions. With the exponential growth of data generated by businesses and individuals, there is a rising need for data centers to store and process this vast amount of information. Data center racks offer a compact and organized solution for housing servers and other IT equipment, allowing for efficient space utilization and easy accessibility. They enable data centers to accommodate a large number of servers in a limited space, thereby optimizing storage capacity and reducing operational costs.
Moreover, the rapid expansion of data centers worldwide is also driving the market growth. The proliferation of cloud computing, big data analytics, and Internet of Things (IoT) technologies has led to a significant increase in the number of data centers being built. These data centers require robust and scalable infrastructure, including data center racks, to support the growing demand for data storage and processing. As a result, there is a high demand for data center racks from data center operators and colocation providers.
Trends:
A key trend shaping the data center rack market is the adoption of advanced features and technologies to enhance rack performance and efficiency. Manufacturers are incorporating innovative design elements such as improved airflow management, cable management systems, and modular configurations into data center racks. These features help optimize cooling efficiency, reduce cable clutter, and facilitate easy installation and maintenance. Additionally, the use of intelligent power distribution units (PDUs) and environmental monitoring systems in data center racks is gaining traction as it enables real-time monitoring and control of power consumption and environmental conditions.
Furthermore, there is a growing focus on sustainability and energy efficiency in data center operations, which is driving the demand for eco-friendly rack solutions. Manufacturers are developing energy-efficient racks that minimize power consumption and reduce carbon footprint. These racks incorporate features such as efficient airflow design, high-quality insulation, and recyclable materials, aligning with the industry's green initiatives and regulatory requirements.
Restraints:
One of the key challenges hindering the data center rack market growth is the high initial cost of advanced rack solutions. While data center racks offer long-term cost savings through improved space utilization and energy efficiency, their upfront cost is relatively higher compared to traditional rack options. This cost factor may deter price-sensitive organizations from adopting advanced rack solutions, especially in emerging markets with budget constraints.
Data Center Rack Market Segmentation By Application:
The server segment is estimated to witness significant growth during the forecast period. Data center racks play a critical role in server storage and organization, ensuring proper airflow and cooling for optimal server performance. They provide a secure and efficient housing solution for servers, enabling easy access, scalability, and maintenance. The increasing demand for high-performance servers, driven by emerging technologies such as artificial intelligence (AI) and machine learning (ML), is fueling the demand for data center racks in server applications.
The networking equipment segment is also expected to contribute to the market growth. Data center racks provide a structured and organized environment for networking equipment such as switches, routers, and patch panels. They facilitate efficient cable management, reduce signal interference, and simplify network maintenance. With the growing adoption of cloud computing and virtualization technologies, there is a rising need for robust networking infrastructure, driving the demand for data center racks in networking applications.
Data Center Rack Market Segmentation By Type:
The open frame rack segment is expected to dominate the market during the forecast period. Open frame racks offer a cost-effective and flexible solution for data center storage. They provide easy access to equipment, efficient airflow management, and scalability options. Open frame racks are widely used in data centers of all sizes, ranging from small enterprises to large-scale hyperscale facilities.
The enclosed rack segment is also witnessing significant growth. Enclosed racks offer enhanced security and protection for sensitive IT equipment. They feature lockable doors, side panels, and roof panels, providing physical security and preventing unauthorized access. Enclosed racks are commonly used in data centers that require higher security levels, such as colocation facilities and government data centers.
Regional Overview:
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North America is estimated to contribute significantly to the growth of the global data center rack market during the forecast period. The region has a high concentration of data centers, driven by the presence of major technology companies and the increasing demand for cloud services. The need for efficient data storage and management solutions, coupled with the growing emphasis on energy efficiency and sustainability, is driving the demand for data center racks in North America.
Europe is also expected to witness substantial growth in the data center rack market. The region has a mature data center infrastructure and stringent regulations regarding data security and privacy. The increasing adoption of cloud computing, digital transformation initiatives, and the growing demand for colocation services are driving the market in Europe.
Data Center Rack Market Customer Landscape:
The data center rack market industry report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major Data Center Rack Market Companies?
Companies are implementing various strategies, such as product launches, partnerships, mergers and acquisitions, and geographical expansion, to enhance their presence in the market.
Schneider Electric SE: The company offers a range of data center rack solutions, including open frame racks and enclosed racks.
Legrand SA: The company provides data center racks under its brand name, Ortronics.
Eaton Corporation: The company offers a comprehensive portfolio of data center rack solutions, including open frame racks, enclosed racks, and accessories.
Some of the major companies operating in the data center rack market include:
- Schneider Electric SE
- Legrand SA
- Eaton Corporation
- Vertiv Co.
- Black Box Corporation
- Panduit Corp.
- Chatsworth Products Inc.
- Fujitsu Ltd.
- IBM Corporation
- Rittal GmbH & Co. KG
The research report also includes detailed analyses of the competitive landscape of the market and information about key market players. Data is qualitatively analyzed to categorize companies based on their market presence and strength.
Segment Overview:
The data center rack market report forecasts market growth by revenue at global, regional, and country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.
- Application Outlook (USD Million, 2019 - 2032)
o Server
o Networking Equipment
o Others
- Type Outlook (USD Million, 2019 - 2032)
o Open Frame Rack
o Enclosed Rack
o Others
- Geography Outlook (USD Million, 2019 - 2032)
o North America
- The U.S.
- Canada
o Europe
- K.
- Germany
- France
- Rest of Europe
o Asia Pacific
- China
- India
o South America
- Brazil
- Argentina
- Rest of South America
o Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
TABLE OF CONTENTS: GLOBAL Data Center Rack MARKET
Chapter 1. MARKET SYNOPSIS
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. EXECUTIVE SUMMARY
2.1. Summary Snapshot, 2016 - 2027
Chapter 3. INDICATIVE METRICS
3.1. Macro Indicators
Chapter 4. Data Center Rack MARKET SEGMENTATION & IMPACT ANALYSIS
4.1. Data Center Rack Segmentation Analysis
4.2. Industrial Outlook
4.3. Price Trend Analysis
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.5.1. Power Of Suppliers
4.5.2. Power Of Buyers
4.5.3. Threat Of Substitutes
4.5.4. Threat Of New Entrants
4.5.5. Competitive Rivalry
Chapter 5. Data Center Rack MARKET BY TYPE INSIGHTS & TRENDS
5.1. Segment 1 Dynamics & Market Share, 2019 & 2027
5.2. Type 1
5.2.1. Market Estimates And Forecast, 2016 - 2027 (USD Million)
5.2.2. Market Estimates And Forecast, By Region, 2016 - 2027 (USD Million)
5.3. Type 2
5.3.1. Market Estimates And Forecast, 2016 - 2027 (USD Million)
5.3.2. Market Estimates And Forecast, By Region, 2016 - 2027 (USD Million)
Chapter 6. Data Center Rack MARKET BY APPLICATION INSIGHTS & TRENDS
6.1. Segment 2 Dynamics & Market Share, 2019 & 2027
6.2. Application 1
6.2.1. Market Estimates And Forecast, 2016 - 2027 (USD Million)
6.2.2. Market Estimates And Forecast, By Region, 2016 - 2027 (USD Million)
6.3. Application 2
6.3.1. Market Estimates And Forecast, 2016 - 2027 (USD Million)
6.3.2. Market Estimates And Forecast, By Region, 2016 - 2027 (USD Million)
6.4. Application 3
6.4.1. Market Estimates And Forecast, 2016 - 2027 (USD Million)
6.4.2. Market Estimates And Forecast, By Region, 2016 - 2027 (USD Million)
6.5. Application 4
6.5.1. Market Estimates And Forecast, 2016 - 2027 (USD Million)
6.5.2. Market Estimates And Forecast, By Region, 2016 - 2027 (USD Million)
Chapter 7. Data Center Rack MARKET REGIONAL OUTLOOK
7.1. Data Center Rack Market Share By Region, 2019 & 2027
7.2. NORTH AMERICA
7.2.1. North America Data Center Rack Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.2.2. North America Data Center Rack Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.2.3. North America Data Center Rack Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.2.4. North America Data Center Rack Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.2.5. U.S.
7.2.5.1. U.S. Data Center Rack Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.2.5.2. U.S. Data Center Rack Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.2.5.3. U.S. Data Center Rack Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.2.5.4. U.S. Data Center Rack Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.2.6. CANADA
7.2.6.1. Canada Data Center Rack Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.2.6.2. Canada Data Center Rack Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.2.6.3. Canada Data Center Rack Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.2.6.4. Canada Data Center Rack Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.3. EUROPE
7.3.1. Europe Data Center Rack Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.3.2. Europe Data Center Rack Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.3.3. Europe Data Center Rack Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.3.4. Europe Data Center Rack Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.3.5. GERMANY
7.3.5.1. Germany Data Center Rack Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.3.5.2. Germany Data Center Rack Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.3.5.3. Germany Data Center Rack Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.3.5.4. Germany Data Center Rack Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.3.6. FRANCE
7.3.6.1. France Data Center Rack Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.3.6.2. France Data Center Rack Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.3.6.3. France Data Center Rack Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.3.6.4. France Data Center Rack Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.3.7. U.K.
7.3.7.1. U.K. Data Center Rack Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.3.7.2. U.K. Data Center Rack Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.3.7.3. U.K. Data Center Rack Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.3.7.4. U.K. Data Center Rack Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.4. ASIA-PACIFIC
7.4.1. Asia Pacific Data Center Rack Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.4.2. Asia Pacific Data Center Rack Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.4.3. Asia Pacific Data Center Rack Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.4.4. Asia Pacific Data Center Rack Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.4.5. CHINA
7.4.5.1. China Data Center Rack Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.4.5.2. China Data Center Rack Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.4.5.3. China Data Center Rack Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.4.5.4. China Data Center Rack Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.4.6. INDIA
7.4.6.1. India Data Center Rack Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.4.6.2. India Data Center Rack Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.4.6.3. India Data Center Rack Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.4.6.4. India Data Center Rack Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.4.7. JAPAN
7.4.7.1. Japan Data Center Rack Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.4.7.2. Japan Data Center Rack Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.4.7.3. Japan Data Center Rack Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.4.7.4. Japan Data Center Rack Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.4.8. AUSTRALIA
7.4.8.1. Australia Data Center Rack Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.4.8.2. Australia Data Center Rack Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.4.8.3. Australia Data Center Rack Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.4.8.4. Australia Data Center Rack Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.5. MIDDLE EAST AND AFRICA (MEA)
7.5.1. Mea Data Center Rack Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.5.2. Mea Data Center Rack Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.5.3. Mea Data Center Rack Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.5.4. Mea Data Center Rack Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
7.6. LATIN AMERICA
7.6.1. Latin America Data Center Rack Market Estimates And Forecast, 2016 - 2027, (USD Million)
7.6.2. Latin America Data Center Rack Market Estimates And Forecast By Segment 1, 2016 -2027, (USD Million)
7.6.3. Latin America Data Center Rack Market Estimates And Forecast By Segment 2, 2016 -2027, (USD Million)
7.6.4. Latin America Data Center Rack Market Estimates And Forecast By Production Process, 2016 -2027, (USD Million)
7.6.5. Latin America Data Center Rack Market Estimates And Forecast By Segment 3, 2016 -2027, (USD Million)
Chapter 8. COMPETITIVE LANDSCAPE
8.1. Market Share By Manufacturers
8.2. Strategic Benchmarking
8.2.1. New Product Launches
8.2.2. Investment & Expansion
8.2.3. Acquisitions
8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures
8.3. Vendor Landscape
8.3.1. North American Suppliers
8.3.2. European Suppliers
8.3.3. Asia-Pacific Suppliers
8.3.4. Rest Of The World Suppliers
Chapter 9. COMPANY PROFILES
9.1. Company 1
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2. Company 2
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
9.3. Company 3
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Insights
9.3.4. Strategic Initiatives
9.4. Company 4
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Insights
9.4.4. Strategic Initiatives
9.5. Company 5
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Insights
9.5.4. Strategic Initiatives
9.6. Company 6
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Insights
9.6.4. Strategic Initiatives
9.7. Company 7
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Insights
9.7.4. Strategic Initiatives
9.8. Company 8
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Insights
9.8.4. Strategic Initiatives
9.9. Company 9
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Insights
9.9.4. Strategic Initiatives
9.10. Company 10
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Insights
9.10.4. Strategic Initiatives
List of Tables and Figures
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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