Critical Power and Cooling Market - Global Forecast to 2021
The global critical power and cooling market is expected to grow from an estimated USD 16.87 Billion in 2016 to USD 25.80 Billion by 2021, at a CAGR of 8.88%, from 2016 to 2021. The factors driving the critical power and cooling market include a rise in the number of data centers due to digitalization and cloud computing, increasing demand for improved cooling efficiency in data centers, the need to reduce anomalies in power supply, and regulations and initiatives by institutes and associations. High investment costs and environmental and health hazards are key restraints for the growth of the critical power and cooling market.
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