Data Center Rack – Report Insights
The data center rack market research report provides an in-depth analysis of the global data center rack market and its strategic assessment and forecasts for the period of 2017–2022. The report considers the present scenario of the global data center rack market and includes a discussion on market growth drivers, trends, and restraints. It also profiles the leading vendors in the market.
Data Center Rack Market – Market Segments
The report provides the analysis of key segments in the data center market by rack size, geography, country, and vendors. It provides a comprehensive analysis of market revenues and forecast in terms of the following:
Market Size and Forecast
- Latin America
- North America
- Nordic Regions
- Southeast Asia
- Western Europe
Data Center Rack Market – Market Size and Dynamics
The global data center rack market is expected to witness an immense growth during the forecast period. According to Beige Market Intelligence analysts, the market is likely to grow at a CAGR of more than 13.8% during the period 2016–2022. The demand for data center racks relies upon two major factors: Construction of new data centers and upgrading of existing data center projects. Furthermore, it is observed that major players are reducing the average lifespan of data center racks. Hence, the reduction in the lifespan will increase the demand for data center racks as they will be replaced every five years.
Further, innovations in technology are taking place such as the introduction of racks equipped with mechanical parts such as cooling systems. In addition, vendors are manufacturing racks of various sizes to reduce the rack footprint inside a data center. The competition in the market has also intensified. Therefore, the market is likely to grow significantly during the forecast period.
The shipment of 42U racks is likely to dominate the market till 2022, however, the shipment of 47U, 48U, and 51U is expected to witness a strong growth during the period. Data centers that are likely to be commissioned during the forecast period will require taller rack units such as 45U, 47U, 48U, and 51U. Therefore, the market share of taller racks will be twice than the share in 2014.
Data Center Rack Market – Trends, Drivers, and Challenges
A major trend witnessed in the data center rack market is the shipment of taller rack. The shipment of 48U rack has been growing on the YoY basis. On the other hand, 42U racks have been increasing moderately. Increase in rack level physical security and intense price war among local and global vendors are major emerging trends which are expected to drive the data center rack market during the forecast period.
Declining price of racks, growing number of new data center construction projects, increasing use of customized racks, and upgrading storage capacities of the existing data center projects are the major factors driving the market growth. The market research report also highlights the expected challenges to the data center rack market which are expected to affect the market revenue.
Data Center Rack Market – Geographical Analysis and Key Countries
In 2016, the data center rack market in North America accounted for the largest market share followed by Europe. However, the scenario is going to change as the APAC region is likely to witness a more demand for data center racks than North America and the Europe region in 2022. The data center rack market in APAC region is likely to be almost triple by 2022. There is an intense price war among local vendors and global vendors for rack of 42U and 45U in the US, Western Europe, and Latin America. In APAC, local vendors hold the major market share and will continue their dominance till 2022.
Data Center Rack Market – Key Vendor Analysis and Market Share
The report provides the competitive landscape of the key players in the market. It covers the players operating in the entire value chain of the market. The leading seven vendors mentioned in the market research report are as following:
- Blackbox Network Services
- Hewlett Packard Enterprise (HPE)
- Vertiv (Emersion network Power)
- Tripp Lite
- Schneider Electric
Other prominent vendors in the market included in the report are AFCO Systems, AMCO Enclosures (IMS Engineered), AMS NETTECH, Belden, C&F Group, Cannon Technologies, Chatsworth, Conteg, Crenlo, Dataracks, Dell, Delta Group, Fujitsu, Instor Solutions, MFB, Pentair, Raritan, Sharkrack, and TTK.
Why Should You Buy the Report?
The report provides answers to the following questions related to the global data center rack market.
- What are the current changes witnessed by the market and how are they likely to impact the market landscape in the coming years?
- Which factors are likely to affect the market over the next few years?
- What are various data center rack standards?
- What are the rack components?
- What are the major emerging trends and challenges for the market over the next five years?
- What is the market size and market forecast for each rack size?
- What is the market size and forecast for each region?
- Which region is likely to witness the largest market share and what are the factors driving the market growth in that region?
- What is the sale growth rate in key geographies?
- Which are the major countries in terms of market size and market forecast?
- Who are the key vendors in the market?
- What are the main strategies implemented by the leading vendors to increase growth opportunities?