The global rear door heat exchangers market was valued at USD 501.5 Million in 2022 and is projected to grow at a CAGR of 21.00 % for the forecast period 2023 to 2029. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the rear door heat exchangers market.

Rear door heat exchangers are ideal for high-performance data canters and dense servers and data storage racks. These cooling systems promote higher density by eliminating heat. This allows data canters to shrink their footprints and fill up the entire rack with servers. Hence, the rise in adoption of data centre solutions enables easy and efficient management of data canter networks and coolers are designed to support various servers in a secure environment.

The demand for large data storage and computing capacity is putting data canters at a crossroads. It is constantly growing due to the COVID-19 pandemic around the world. The nationwide lockdown imposed by the government has increased the demand for internet access. Cloud services have paved the way for accessing, transferring, and storing information between organizations. In some cases, cooling units provide twice as much air as the thermal loads need during off-peak loads. In this situation, instead of setting the air conditioner to the maximum, can use liquid air cooling. Another way to achieve this is by using a rear door heat exchanger. It has been widely used inside server racks to remove heat when it exceeds computer room air conditioning (CRAC) capabilities.

MARKET DRIVERS

Technological advancements and increasing digitization across verticals such as banking and financial services, information technology, telecommunications, retail, government, education, and others fuel the deployment of data centre across the globe, fuelling the consumption of high-density data centres. For instance, according to International Data Corporation (IDC) the public cloud data used by organizations are was around 62% in 2019 across the globe, this has increased to 64% by 2020. The increased data across the globe leading to increase in the high-density data centres. The data processing, equipment generates heat energy, which needs to be cooled because to prevent equipment from damage due to overheating. Rear door heat exchangers are a good solution for high performance computing centres and dense server racks. The increasing demand for technology services and increasing investments from major companies in technological advancement, making it more widely used in various applications which is influencing the growth of the market. Further, while analysing and storing data for effective decision-making, densely packed racks generate a large amount of heat. Hence, rear door heat exchangers are used to maintain room temperature in the data centres.

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MARKET OPPORTUNITIES

Due to the increasing competition in new product innovation, marketing initiatives and business models, there is a growing demand for flexible infrastructure among organizations. For instance, according to International Data Corporation (IDC), the Global data canter storage capacity for computing was around 349 Exabyte in 2019, which has increased to 470 Exabyte in 2021. Hence, the increase in data creates an opportunity for data canters infrastructure, which is accelerating the demand for rear door heat exchangers.

MARKET RESTRAINTS

Strict government policies imposed in several regions to operate and manage data centres is are expected to hinder the market’s growth in the forecasted period. Climate change coupled with the declining air quality index in many metropolitan cities across the globe have led governments of various countries to introduce strict environmental regulations for data canter solutions. In addition, traditional cooling systems emit polluted air into the environment, which is dangerous, while advanced cooling systems emit less carbon footprint, making them more environmentally friendly.

MARKET GROWTH CHALLENGES

The challenging factor for rear door heat exchangers is passive system of rear door heat exchanger type. Passive rear door system coil transfer heat and allow air to pass it at rear side of room after absorption of heat present in the room. As a result, the system will no longer function effectively after exchanging the heat. Also, passive rear door system supplies pressurized air, causing a significant pressure drop in components and leading to a higher requirement for static pressure. Additionally, passive rear door systems need to be continuously monitored for efficient operation requiring intensive human resources.

REAR DOOR HEAT EXCHANGERS MARKET SEGMENTAL OVERVIEW

The Global Rear Door Heat Exchangers Market consists of different market segments like By Type, Application and geography. 

CUMULATIVE GROWTH ANALYSIS

The report provides an in-depth analysis of the global rear door heat exchangers market, including market size, and compound annual growth rate (CAGR) for the forecast period of 2023-2029, considering 2022 as the base year. The increased demand for high density data storage is expected to witness growth at a specific CAGR from 2023-2029.

COMPETITIVE LANDSCAPE ANALYSIS

The competitive landscape analysis of the rear door heat exchangers is primarily focused on expanding the global growth of the market with new type innovation, business expansion, and the increasing presence of a range of manufacturers operating in the rear door heat exchangers market has led to growing demand for the market.

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