Belgium Data Center Cooling Market Size
| Study Period | 2018 - 2030 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 47.20 Million |
| Market Size (2030) | USD 172.5 Million |
| CAGR (2024 - 2030) | 24.08 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Belgium Data Center Cooling Market Analysis
The Belgium Data Center Cooling Market size is estimated at USD 47.20 million in 2024, and is expected to reach USD 172.5 million by 2030, growing at a CAGR of 24.08% during the forecast period (2024-2030).
- According to Google engineers, the climate in Belgium supports free cooling almost year-round, with temperatures rising above the acceptable range for free cooling about seven days per year on average. The average temperature in Brussels during summer reaches 66 to 71 degrees F (18 to 21 degrees C). Data center cooling is potentially being used to prevent unwanted high-temperature climatic zones in summer.
- The upcoming IT load capacity of the Belgian data center market is expected to reach more than 180 MW by 2030. The country's construction of raised floor area is expected to be around 1.3 million sq. ft by 2030.
- The country's total number of racks to be installed is expected to reach around 65K units by 2039. Brussels is expected to house the maximum number of racks by 2030. Close to 5 submarine cable systems are connecting Belgium, and many are under construction.
- In terms of acquisitions, in June 2023, Orange announced that Orange Belgium had completed its acquisition of a controlling stake in telco operator VOO SA. The closing of this deal gave Orange Belgium a 75% stake minus 1 share in VOO SA, with the remaining 25% plus one share retained by Nethys. Such acquisitions are expected to boost the development of submarine cables during the forecast period.
Belgium Data Center Cooling Market Trends
BFSI to Hold Significant Share
- In a bid to bolster its economy, the Belgian government is actively courting digital investments. Collaborating with Microsoft, Belgium is pushing forward its Digital AmBEtion initiative to digitalize both public and private sectors. As part of this commitment, Microsoft has pledged over USD 1.1 billion to set up a new cloud region in Belgium, a move poised to enhance services for providers and invigorate the nation's GDP.
- Proximus, a state-owned operator, has established a robust DSL telecom infrastructure complemented by an extensive co-axial cable network, particularly in Flanders. This initiative aims to bolster Belgium's ICT industry and enhance internet connectivity. Notably, approximately 78% of Belgian consumers subscribe to broadband plans offering 30 Mbps or higher speeds.
- Belgium boasts a robust network infrastructure. Due to a competitive fixed network market, over 99% of households can access a co-axial or copper pair network. More than 70% of the population can download files at speeds of up to 20 Mbit/s, and the country's optical fiber network continues to expand. In mobile communications, Belgium's 3G network covers 90% of the country, over 50% have access to the 4G network, and the 5G network is rapidly gaining traction. Rising internet usage and smartphone penetration are driving the expansion of the data center market, subsequently increasing the demand for cooling systems in these centers.
Liquid Cooling to Hold Significant Growth
- As data centers evolve, efficient cooling solutions become paramount to ensure optimal performance and manage the rising heat loads from contemporary IT equipment. Liquid cooling systems have emerged as a leading technology in this domain.
- Liquid cooling efficiently achieves low temperatures while minimizing energy and water consumption, making it both thermally efficient and cost-effective. Hyperscale facilities increasingly adopt this method. For instance, the under-construction BRU4 facility of Interxion, which boasts a high rack density, is anticipated to implement this cooling approach.
- In Belgium, almost 50% of companies have adopted cloud services, and 23% are leveraging big data analytics. As the demand for high-density computing applications grows, there's a potential shift from traditional cooling methods to liquid cooling units. The Belgian government is also making substantial investments to bolster its IT infrastructure. In the Flanders region, incentives are being offered for research-intensive fields like ICT and cloud computing. These developments are poised to boost the demand for data storage and processing facilities, increasing the need for cooling solutions.
Belgium Data Center Cooling Industry Overview
The Belgian data center cooling market exhibits a moderate level of consolidation among key industry players, having sharpened their competitive edge in recent years. Notable market leaders in this segment include Alfa Laval AB, STULZ GmbH, Schneider Electric SE, Vertiv Group Corp., and Rittal GMBH & Co.KG. These industry giants, boasting significant market shares, are actively expanding their customer base throughout the region. Their growth strategies primarily hinge on strategic collaborative efforts aimed at enhancing market share and overall profitability. Moreover, companies such as Schneider Electric SE, Vertiv Group Corp., and Rittal GMBH & Co.KG offer liquid and air-based cooling products.
Belgium Data Center Cooling Market Leaders
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Stulz GmbH
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Rittal GMBH & Co.KG
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Schneider Electric SE
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Vertiv Group Corp.
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Alfa Laval AB
*Disclaimer: Major Players sorted in no particular order
Belgium Data Center Cooling Market News
- September 2024: Vrcoolertech, a designer and manufacturer of specialized parts, developed a water coil for its air handling unit in Belgium.
- July 2023: Among the six data centers that Google operates in Europe, the one located near Mons in Wallonia, Belgium, stood out for its significant water consumption for cooling. Specifically, the Saint-Ghislain facility utilizes approximately one million cubic meters of water. To put this into perspective, this volume is akin to the yearly water usage of about 10,700 local households or the quantity needed to irrigate 1.8 golf courses. In 2022, Google's total water withdrawal reached 1.44 million m3, a measure taken to ensure the thousands of servers at the site remained cool. Notably, about 70% of this water evaporated during the cooling process, while the remaining 30% was discharged into the nearby river Haine, maintaining a temperature "close to the same" as its surroundings.
Belgium Data Center Cooling Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumption and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Key cost considerations for Cooling
4.2.1 Analysis of the key cost overheads related to DC operations with an eye on DC Cooling
4.2.2 Comparative Study of the cost and operational considerations related to each Cooling technology - based on key factors such as design complexity, PUE, advantages, drawbacks, extent of utilization of natural weather conditions)
4.2.3 Key innovations and developments in Data Center Cooling
4.2.4 Key energy efficiency practices adopted in Data Centers
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Innovative Data-Centre Cooling Technologies To Drive Market Growth
5.1.2 Increasing Data Center Demand To Drive Market Growth
5.2 Market Challenges
5.2.1 Higher Energy Consumption and Water Scarcity For Data Center Cooling To Hinder Market Growth
5.3 Market Opportunities
5.3.1 Sustainability and Energy Efficient Data Center Cooling Solutions To Provide Market Opportunity
5.4 Industry Ecosystem Analysis
6. ANALYSIS OF THE CURRENT DATA CENTER FOOTPRINT IN BELGIUM
6.1 Analysis of IT Load Capacity and Area footprint of Data Centers (for the period of 2017-2030)
6.2 Analysis of the current DC hotspots and scope for future expansion in Belgium
6.3 Analysis of major Data Center Contractors and Operators in Belgium
7. MARKET SEGMENTATION
7.1 By Cooling Technology
7.1.1 Air-based Cooling
7.1.1.1 Chiller and Economizer
7.1.1.2 CRAH
7.1.1.3 Cooling Tower (covers direct, indirect & two-stage cooling)
7.1.1.4 Other Air-based Cooling Technologies
7.1.2 Liquid-based Cooling
7.1.2.1 Immersion Cooling
7.1.2.2 Direct-to-chip Cooling
7.1.2.3 Rear-door Heat Exchanger
7.2 By Type
7.2.1 Hyperscalers (owned & Leased)
7.2.2 Enterprise (On-premise)
7.2.3 Colocation
7.3 By End-user Industry
7.3.1 IT and Telecom
7.3.2 Retail and Consumer Goods
7.3.3 Healthcare
7.3.4 Media and Entertainment
7.3.5 Federal and Institutional agencies
7.3.6 Other End-user Industries
8. COMPETITIVE LANDSCAPE
8.1 Company Profiles
8.1.1 Schneider Electric SE
8.1.2 FlaktGroup
8.1.3 STULZ
8.1.4 Rittal GMBH & Co.KG
8.1.5 Vertiv Group Corp.
8.1.6 Alfa Laval AB
8.1.7 Munters Corporation
8.1.8 Systemair Home AB
8.1.9 Daikin Applied Europe SpA
8.1.10 Carrier Global Corporation
- *List Not Exhaustive
9. INVESTMENT ANALYSIS
10. MARKET OPPORTUNITIES AND FUTURE TRENDS
11. ABOUT US
Belgium Data Center Cooling Industry Segmentation
Data center cooling is a set of techniques and technologies to maintain optimal operating temperatures in data center environments. Data center cooling is critical as data center facilities house many computer servers and network equipment that generate heat during operation. Efficient cooling systems are used to dissipate this heat and prevent equipment from overheating, ensuring continued reliable operation of the data center. Methods such as air conditioning, liquid cooling, and hot/cold aisle containment are commonly used to control temperature and humidity in data centers.
The Belgian data center cooling market is segmented into technology (air-based cooling [chillers and economizers, CRAH, cooling towers, and other air-based cooling technologies] and liquid-based cooling (immersion cooling, direct-to-chip cooling, and rear-door heat exchanger]), type of data center (hyperscaler, enterprise, and colocation), and end-user industry (IT and telecom, retail and consumer goods, healthcare, media and entertainment, federal and institutional agencies, and other end-user industries). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Cooling Technology | ||||||
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| By Type | |
| Hyperscalers (owned & Leased) | |
| Enterprise (On-premise) | |
| Colocation |
| By End-user Industry | |
| IT and Telecom | |
| Retail and Consumer Goods | |
| Healthcare | |
| Media and Entertainment | |
| Federal and Institutional agencies | |
| Other End-user Industries |
Belgium Data Center Cooling Market Research FAQs
How big is the Belgium Data Center Cooling Market?
The Belgium Data Center Cooling Market size is expected to reach USD 47.20 million in 2024 and grow at a CAGR of 24.08% to reach USD 172.5 million by 2030.
What is the current Belgium Data Center Cooling Market size?
In 2024, the Belgium Data Center Cooling Market size is expected to reach USD 47.20 million.
Who are the key players in Belgium Data Center Cooling Market?
Stulz GmbH, Rittal GMBH & Co.KG, Schneider Electric SE, Vertiv Group Corp. and Alfa Laval AB are the major companies operating in the Belgium Data Center Cooling Market.
What years does this Belgium Data Center Cooling Market cover, and what was the market size in 2023?
In 2023, the Belgium Data Center Cooling Market size was estimated at USD 35.83 million. The report covers the Belgium Data Center Cooling Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Belgium Data Center Cooling Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
Belgium Data Center Cooling Industry Report
Statistics for the 2024 Belgium Data Center Cooling market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Belgium Data Center Cooling analysis includes a market forecast outlook to for 2024 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
