Ireland Data Center Cooling Market Size
| Study Period | 2018 - 2030 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 169.70 Million |
| Market Size (2030) | USD 580.30 Million |
| CAGR (2024 - 2030) | 21.70 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Ireland Data Center Cooling Market Analysis
The Ireland Data Center Cooling Market size is estimated at USD 169.70 million in 2024, and is expected to reach USD 580.30 million by 2030, growing at a CAGR of 21.70% during the forecast period (2024-2030).
- The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.
- The upcoming IT load capacity of the Irish data center market is expected to reach more than 1,600 MW by 2030. The country's construction of raised floor area is expected to increase above 8.2 million sq. ft by 2030.
- The country's total number of racks to be installed is expected to reach more than 400K units by 2030. Dublin is expected to house the maximum number of racks by 2030.
- Ireland's weather is famously cold and wet at almost any time of year. The average winter temperature in Ireland is between 40°F/5°C and 46°F/8°C. In Summer, temperatures are generally between 60°F/15°C to 70°F/20°C. Depending upon climatic conditions, the data center cooling is done in DC facilities.
- Another important impact of data centers on the environment is also reduced through district heating programs: water use. For cooling servers, many data centers use evaporated water. One data center may use more than a million liters of water per day at peak times. The center gets cooler water in return for transferring waste heat to the grid, reducing or eliminating evaporative cooling.
- Close to 16 submarine cable systems are connecting Ireland, and many are under construction. One such submarine cable that is estimated to start service in 2025 is Celtic Norse, which stretches over 2,008 km with landing points from Killala, Ireland.
Ireland Data Center Cooling Market Trends
IT and Telecommunication Segment Holds the Major Share
- Advancements in technology have propelled major enterprises in Ireland to adopt cloud solutions. An industry survey indicates that if the Irish public sector boosts its cloud adoption by 10%, it could reap economic rewards of EUR 473 million (USD 501.5 million) yearly. This potential benefit has made proximity to cloud service providers (CSPs) a pivotal consideration for businesses choosing local data centers. Consequently, Dublin has solidified its status as a cloud computing epicenter, attracting prominent cloud providers like Microsoft, Google, Amazon Web Services, and IBM.
- As digital marketing efforts increasingly leverage audiovisual content on social media and shopping platforms, online marketing is fueling the growth of this segment. In 2024, advertising expenditure in Ireland is projected to rise by approximately 4%, surpassing EUR 1.5 billion, underscoring the pivotal role of cloud technology in digital marketing. Such trends bolster the demand for data computing facilities within the cloud industry.
- The technology, media, and telecoms (TMT) industry accounts for approximately 13% of the Irish GDP. While telecom operators have historically faced challenges in constructing wireless networks nationwide, they are now making strides. Major infrastructure initiatives, such as the NBN, are in progress, targeting a nationwide rollout of fiber-based services offering speeds of at least 150 Mb/s in the near future. As these operators bolster their capacities through 5G deployments, they're also adapting their network strategies, emphasizing utilizing higher frequency spectrum bands.
- As urban populations expand and cloud services remain in high demand, the IT and Telecom sectors are projected to drive the data center market. This surge in demand is anticipated to significantly elevate the need for cooling infrastructure during the forecast period.
Liquid-based Cooling is the Fastest-growing Segment
- Data centers are increasingly turning to liquid cooling as a preferred method for cooling high-performance computing environments. Liquid cooling has demonstrated superior energy efficiency compared to traditional air conditioning methods. By offering precise temperature control, liquid cooling minimizes the need for overcooling and enhances the overall energy efficiency of data centers.
- Thanks to technological advancements, data centers have slashed water consumption by over 15% in tropical climates and 80% in greener regions. This progress has made liquid cooling easier to maintain and more scalable and affordable. Furthermore, energy harnessed from liquid cooling can be repurposed to heat buildings and provide drinking water. Additionally, the use of advanced artificial refrigerants greatly diminishes air conditioning systems' carbon footprint.
- Liquid cooling leverages water and other liquids' compactness and superior heat transfer capabilities, achieving cooling efficiencies up to 3000 times greater than air for high-density racks. While liquid cooling has long been established in mainframe and gaming sectors, its adoption is now expanding to safeguard rack servers in regional data centers. A case in point: Ireland's largest university has enhanced its data center cooling with Schneider Electric's Uniflair InRow DX Cooling Solution, addressing challenges of reliability, scalability, and spatial limitations.
- Between 2021 and 2024, Ireland witnessed a significant evolution in its digital government services. The percentage of e-government users surged from over 60% to surpass 90% of internet users. The public service encompasses a wide array of government entities. The portal connects to more than 8,800 datasets sourced from roughly 100 publishers. To bolster businesses in their digital endeavors, the government has unveiled a new fund worth EUR 85 million (USD 100.3 million) to foster the development of innovative products, services, and processes. These advancements in the market are anticipated to heighten the demand for data centers, subsequently boosting the need for manufacturers of data center cooling infrastructure in the years ahead.
Ireland Data Center Cooling Industry Overview
The Irish 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 Trane Technologies Company LLC, STULZ GmbH, Schneider Electric SE, Vertiv Group Corp., and Daikin Applied Europe SpA. These industry giants, boasting significant market shares, are actively engaged in 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 and Vertiv Group Corp. offer liquid and air-based cooling products.
Ireland Data Center Cooling Market Leaders
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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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Daikin Applied (UK) Ltd.
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Trane Technologies Company, LLC
*Disclaimer: Major Players sorted in no particular order
Ireland Data Center Cooling Market News
- June 2024: Munters expanded its data center cooling solutions capacity at a 120,000 sq. ft production facility.
- March 2023: Schneider Electric enhanced data center cooling systems at Ireland's largest university.
Ireland 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, and 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-Center 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 IRELAND
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 Ireland
6.3 Analysis of Major Data Center Contractors and Operators in Ireland
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, and 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 Hyperscaler (Owned and 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 Rittal GMBH & Co. KG
8.1.2 Schneider Electric SE
8.1.3 Vertiv Group Corp.
8.1.4 Munters Corporation
8.1.5 Systemair Home AB
8.1.6 Daikin Applied (UK) Ltd
8.1.7 Trane Technologies Company LLC
8.1.8 Eaton Corporation
8.1.9 FlaktGroup
8.1.10 Mitsubishi Electric Europe BV
- *List Not Exhaustive
9. INVESTMENT ANALYSIS
10. MARKET OPPORTUNITIES AND FUTURE TRENDS
11. ABOUT US
Ireland 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. Various methods, such as air conditioning, liquid cooling, and hot/cold aisle containment, are commonly used to control temperature and humidity in data centers.
The Irish 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 | |
| Hyperscaler (Owned and 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 |
Ireland Data Center Cooling Market Research FAQs
How big is the Ireland Data Center Cooling Market?
The Ireland Data Center Cooling Market size is expected to reach USD 169.70 million in 2024 and grow at a CAGR of 21.70% to reach USD 580.30 million by 2030.
What is the current Ireland Data Center Cooling Market size?
In 2024, the Ireland Data Center Cooling Market size is expected to reach USD 169.70 million.
Who are the key players in Ireland Data Center Cooling Market?
Rittal GMBH & Co.KG, Schneider Electric SE, Vertiv Group Corp., Daikin Applied (UK) Ltd. and Trane Technologies Company, LLC are the major companies operating in the Ireland Data Center Cooling Market.
What years does this Ireland Data Center Cooling Market cover, and what was the market size in 2023?
In 2023, the Ireland Data Center Cooling Market size was estimated at USD 132.88 million. The report covers the Ireland Data Center Cooling Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Ireland Data Center Cooling Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
Ireland Data Center Cooling Industry Report
Statistics for the 2024 Ireland Data Center Cooling market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Ireland 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.
Ireland Data Center Cooling Market Report Snapshots
