The market for high density racks (>100Kw) is expected to grow at a 3.8% CAGR between 2023 and 2033. The market is expected to be valued at US$ 34.56 billion in 2023, with a market share of US$ 48.35 billion by 2033.
- A wide range of industries going digital with big databases and data center coolers are expected to flourish the market growth. Furthermore, the expanding oil and gas industry with high-performance computing and processing is likely to transform the market dynamics.
- Advanced information technology with switches, servers, and routers for a better cooling experience during high-density computing is flourishing market growth. Additionally, more businesses going online with new benefits are increasing sales of high-density racks (>100Kw).
- Factors like cost-efficient solutions, high performance and efficiencies, and scalability and flexibility are increasing market traction. The more compact system is also making these high-density racks more useful.
- Additional services like cloud services, virtualization, containerization, artificial intelligence (AI), machine learning (ML), and deep learning workloads are very helpful to computing systems. Besides this, the Internet of Things (IoT) and 5G networks are further flourishing in the market.
- Single-phase power and blown-in air for cooling services are helping the market flourish and adding new programs for easy installation. Also, additional features like a plinth, dual side panel, adjustable mounting depth, and numbered U positions are helping the market expand its boundaries.
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Key Points
- The United States market leads the North American high density racks (>100Kw) market in terms of market share in North America. The United States held a healthy market share of 13.9% in 2022. The factors attributed to the growth are industrial, corporate structures, increased high-processing computing, and new companies digitizing their databases.
- The German high density racks (>100Kw) market held a healthy market share of 3.6% in 2022. The market growth is caused by government infrastructure going online, defense data, and other HPC programs.
- The Indian market thrives at a steady CAGR of 4.8% between 2023 and 2033. The growth is attributed to transitioning technology from analog to digital with the addition of innovations like the integration of artificial intelligence and machine learning.
- Based on technology type, the rotary type segment held the leading market share of 30% in 2022.
- Based on driver type, the electric segment led as it held a market share of 35.0% in 2022.
Competitive Landscape
The key suppliers focus on adding more efficiency and additional technological advances. The competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.
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Recent Market Developments
- AK Material Handling Systems has introduced pallet rack systems with a back rack, pallet flow rack, and other automated systems. The additional services it offers are warehouse consultation, warehouse space planning, and design.
- Huawei Cloud introduced the new 100 KW high power density UPS power module.
Key Segments Covered
By Type:
- Drive-in Rack
- Drive-through Rack
By Cooling:
- Refrigerant
- Water
- Direct Expansion
- Air Flow
By End Use:
- Distribution Centers
- Warehouses
- Food Processing Plants
- Big-box Retail Outlets
- Data Center
Key Regions Covered:
- North America
- United States
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- Germany
- United Kingdom
- France
- Spain
- Russia
- Rest of Europe
- Japan
- Asia Pacific Excluding Japan
- China
- India
- Malaysia
- Singapore
- Australia
- Rest of Asia Pacific Excluding Japan (APEJ)
- The Middle East and Africa
- GCC Countries
- Israel
- South Africa
- Middle East and Africa (MEA)
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