Europe Data Center Rack Market Size, Share & Industry Trends Analysis Report By Component (Solution, and Services), By Rack Height, By Rack Type (Cabinets/ Enclosed, and Open Frame), By Data Center Size, By Vertical, By Country and Growth Forecast, 2022 - 2028
The Europe Data Center Rack Market would witness market growth of 8.9% CAGR during the forecast period (2022-2028).
Rack systems are critical assets essential to data center availability and dependability, system uptime, and system uptime. Users may rely on them to be adaptable and flexible to handle sudden changes. In addition, they can accommodate monitoring systems to improve how the data center ecosystem is managed. In short, they are an essential part of any data center. Rack densities and total facility power consumption have increased with new generations of highly dense servers and networking equipment.
The power density of each rack increased from an average of 6 kW in 2006 to around 8 kW by 2012 and is predicted to reach this level soon. Due to improvements in IT equipment & densities, higher, wider, and deeper racks are now required. Racks are more completely occupied than ever because data center managers are trying to maximize the use of costly real estate. High-density layouts can improve energy efficiency but also necessitate efficient power transmission and temperature control.
France is the fourth-largest provider of DCs in Europe, and the government is deploying them at a consistent rate. Neutral DCs are a specific area of strength for the French market. A building run by a colocation player and housing DCs from outside businesses is referred to as a neutral DC. The number of neutral DCs in France has increased yearly since 2012 at a rate of 5.7%, reaching over 200 neutral DCs in 2020. France, which ranks as the sixth-largest hosting nation globally and is comparable to nations like Japan and Canada, possesses 3% of the world's neutral DCs. France ranks as the fourth hosting nation in Europe, behind Germany, the Netherlands, and the United Kingdom, with 11% of the continent's neutral DCs. The region's increasing usage of data centers fuels the expansion of the data center rack market in Europe.
The Germany market dominated the Europe Data Center Rack Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $458.3 million by 2028. The UK market is anticipated to grow at a CAGR of 8% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 9.8% during (2022 - 2028).
Based on Component, the market is segmented into Solution, and Services. Based on Rack Height, the market is segmented into 42U & Below, 43U to 52U, and Above 52U. Based on Rack Type, the market is segmented into Cabinets/ Enclosed, and Open Frame. Based on Data Center Size, the market is segmented into Large Data Centers, and Small & Medium Sized Data Centers. Based on Vertical, the market is segmented into BFSI, Manufacturing, Retail, Healthcare, Media & Entertainment, IT & Telecom, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Schneider Electric SE, IBM Corporation, Oracle Corporation, Hewlett Packard Enterprise Company (HP Development Company L.P.), Fujitsu Limited, Dell Technologies, Inc., Samsung Electronics Co., Ltd. (Samsung Group), Eaton Corporation PLC, Legrand S.A. (Legrand Group), and Rittal GmbH & Co. KG (Friedhelm Loh Stiftung & Co. KG).
Scope of the Study
Market Segments covered in the Report:
By Component
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