Australia Data Center Cooling Market

Australia Data Center Cooling Market Overview:

The Australia data center cooling market size reached USD 262.2 Million in 2023. Looking forward, IMARC Group expects the market to reach USD 466.07 Million by 2032, exhibiting a growth rate (CAGR) of 6.30% during 2024-2032. The market is experiencing rapid growth, principally due to increasing data storage demands and rapid digitalization. Moreover, the amplifying need for energy-saving cooling solutions, coupled with technological advancements in cooling systems, is further propelling market growth.

Australia Data Center Cooling Market Trends:

Rapid Adoption of Innovative Cooling Technologies

Australia is rapidly adopting innovative cooling technologies for its data centers to enhance efficacy and lower operational expenditure. As data storage demands are rapidly soaring and cloud services are expanding, the conventional cooling systems are being integrated with innovative solutions such as evaporating cooling, liquid cooling, and direct-to-chip cooling technology. For instance, in December 2023, ResetData, a major cloud service provider in Australia, launched a data center lab in Sydney that will test its immersion liquid cooling data center technology. Moreover, such technologies provide substantial energy-efficiency and upgraded temperature management, which are critical for managing the longevity as well as functionality of data center equipment. In addition, major companies are heavily investing in such advanced cooling techniques to adhere to regulatory policies and sustainability objectives, further evolving the market towards more effective and cutting-edge cooling solutions.

Increasing Focus on Sustainability and Energy Efficiency

Sustainability and energy efficiency have rapidly become prime objectives in the Australia data center cooling market, mainly driven by stringent regulatory policies and the heightening focus on environmental safety. Moreover, data centers, being substantial consumers of energy, are currently emphasizing on lowering their carbon footprint through energy-saving cooling techniques, which include economizers and free cooling. In addition, these methods utilize natural environmental conditions to maintain optimum temperatures within data centers, lowering dependency on conventional cooling systems. Furthermore, the shift towards green data centers, which chiefly focus on energy conservation and adoption of renewable sources of energy, is fostering the utilization sustainable cooling techniques that facilitate prolonged operational efficacy and environmental aims. According to the Australian Energy Council, the energy demand of data centers in Australia is projected to increase from 5% to 8% of the total national electricity generation by 2030. Moreover, data center uninterruptible power supply requirements are projected to grow from 1,050 megawatt in 2024 to nearly 2,500 megawatts by 2030, reflecting an increase of 13%.

Integration of Machine Learning and Artificial Intelligence

The incorporation of machine learning (ML) and artificial intelligence (AI) in data centers cooling systems is evolving as a notable trend in the Australian market for data center cooling. Such upgraded technologies facilitate the predictive maintenance as well as real-time inspection, streamlining cooling capabilities and lowering energy consumption. Moreover, AI-based techniques can effectively evaluate data from numerous sensors within the data center to tailor levels of cooling proactively on the basis of environmental conditions and workload variations. This technology improves operational capacities as well as prolongs the service life of data center equipment by managing the ideal thermal conditions. In addition, the magnifying adoption of ML and AI is revolutionizing cooling systems of data centers into a more cost-efficient, responsive, and smart process. For instance, in August 2024, AirTrunk, one of the major Australian data center groups, announced a strategic partnership with NVIDIA, to integrate AI with liquid cooling technology for its data center across the globe.

Australia Data Center Cooling Market News:

• In May 2024, OVHcloud, a leading international cloud computing company, unveiled its third data center in Sydney, Australia. The data center is said to be equipped with the cutting-edge liquid-cooling technology and is upgraded for mission-crucial workloads.
• In January 2024, Macquarie Data Centers, a well-known data center company in Australia, announced the development of a new data center in its Sydney campus, which will efficiently provide essential cooling and power requisite for artificial intelligence as well as cloud computing workloads.

Australia Data Center Cooling Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on component, type of cooling, cooling technology, data center size, and vertical.

Component Insights:

• Solution         
  • Air Conditioning
  • Chilling Units
  • Cooling Towers
  • Economizer Systems
  • Liquid Cooling Systems
  • Control Systems
  • Others
• Services          
  • Consulting
  • Installation and Deployment
  • Maintenance and Support
     

The report has provided a detailed breakup and analysis of the market based on the component. This includes solution (air conditioning, chilling units, cooling towers, economizer systems, liquid cooling systems, control systems, and others), services (consulting, installation and deployment, and maintenance and support).

Type of Cooling Insights:

• Room-Based Cooling
• Row-Based Cooling
• Rack-Based Cooling
   

The report has provided a detailed breakup and analysis of the market based on the type of cooling. This includes room-based cooling, row-based cooling, and rack-based cooling.

Cooling Technology Insights:

• Liquid-Based Cooling
• Air-Based Cooling
   

A detailed breakup and analysis of the market based on the cooling technology have also been provided in the report. This includes liquid-based cooling and air-based cooling.

Data Center Size Insights:

• Mid-Sized Data Centers
• Enterprise Data Centers
• Large Data Centers
   

The report has provided a detailed breakup and analysis of the market based on the data center size. This includes mid-sized data centers, enterprise data centers, and large data centers.

Vertical Insights:

• BFSI
• IT and Telecom
• Research and Educational Institutes
• Government and Defense
• Retail
• Energy
• Healthcare
• Others
   

A detailed breakup and analysis of the market based on the vertical have also been provided in the report. This includes BFSI, IT and telecom, research and educational institutes, government and defense, retail, energy, healthcare, and others.

Regional Insights:

• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Australia Data Center Cooling Market Report Coverage:

Key Questions Answered in This Report:

• How has the Australia data center cooling market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Australia data center cooling market?
• What is the breakup of the Australia data center cooling market on the basis of component?
• What is the breakup of the Australia data center cooling market on the basis of type of cooling?
• What is the breakup of the Australia data center cooling market on the basis of cooling technology?
• What is the breakup of the Australia data center cooling market on the basis of data center size?
• What is the breakup of the Australia data center cooling market on the basis of vertical?
• What are the various stages in the value chain of the Australia data center cooling market? 
• What are the key driving factors and challenges in the Australia data center cooling?
• What is the structure of the Australia data center cooling market and who are the key players?
• What is the degree of competition in the Australia data center cooling market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Australia data center cooling market from 2018-2032
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Australia data center cooling market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Australia data center cooling industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.