Data Center Rack Market Synopsis

Data Center Rack Market Size is Valued at USD 5.19 Billion in 2023 and is Projected to Reach USD 10.13 Billion by 2032, Growing at a CAGR of 8.70% From 2024-2032.

The sector of the manufacturing, distribution, and assembly of racks utilized for the storage of servers, networking equipment, and additional data center infrastructure is referred to as the "Data Center Rack Market." Racks play a critical role in data centers by organizing and administering hardware, thereby facilitating power distribution, cooling, and accessibility. The market is propelled by the proliferation of cloud computing, the Internet of Things, and big data analytics, which together increase the demand for data storage and processing capabilities. Rack design innovations, including enhanced ventilation management and modular configurations, are significant determinants impacting the expansion of the market.

• The major driving force behind the Data Center Rack Market is the rising number of data centers across the world, which is attributed to the rising demand for cloud services, big data, and IoT. As more and more companies of different industries level shift to digital, the problem of how to store data effectively and at the same time at a large scale has become crucial. This demand has led to increased construction of new data center facilities as well as expansion of the existing units hence increasing the uptake of data center racks. These racks are crucial in holding servers, networking equipment, and other structures related to crucial infrastructure in an orderly and secure manner to allow for the best performance and easy fix.

• Moreover, constant innovations in the design and technology of racks are another factor that is boosting the market. The features like increased cooling capacity, better cable management, and higher weight bearing capacity in modern data center racks aid in getting the best utilization of space and overall efficiency of data centers. This is because the latest rack solutions help in achieving high density data centers that have to fit more systems in a confined space and use less power. Furthermore, the increasing concern for energy consumption and utilization in data center has paved way for the introduction of energy efficient rack system which is inline with international target for reduction of carbon emission. These technological developments along with the rising investments made on the data center infrastructure are anticipated to further fuel the growth of Data Center Rack Market in the coming years.

Data Center Rack Market Trend Analysis

Emerging Trends and Innovations in the Data Center Rack Market, A Drive Towards Efficiency and Sustainability

• The Data Center Rack Market has been growing as the data center has expanded to cater to the rising demand for cloud solutions, big data, and IoT solutions. In today’s world where organizations are rapidly shifting towards cloud, the requirement of data center infrastructure that follows the aspect of cloud is quite mandatory. Data center racks are an important component in space management, cooling, and cable management for servers and other IT equipments that are housed in data centers. The continued adoption of hyper-converged infrastructure HCI and edge computing is also driving the need for more advanced rack solutions to support the density of the hardware and integrate cohesively with other data center elements. The need for more flexibility and scalability, and the increasing density of servers and equipment within data centers are forcing companies to develop racks that are more modular and easier to deploy while also featuring better thermal management

• In addition, the concerns for sustainability and energy efficiency are driving the data center rack market. Due to the increasing concern among data center customers on the energy consumption and costs of running the data centers there is a trend towards racks that support cooling solutions and energy efficient PDUs. Techniques such as liquid cooling and airflow management are becoming popular as data centers seek ways to efficiently cool their facilities and at the same time be energy efficient. Furthermore, the latest technologies for monitoring racks such as sensors and management software help in monitoring of the racks and provide predictive maintenance that increases the operation efficiency and reliability. Thus, the need for more effective, scalable, and sustainable data center rack infrastructure solutions is expected to fuel the growth of this market in the future as the digital transformation progresses.

Emerging Opportunities in the Data Center Rack Market, Innovation and Sustainability Driving Growth

• The consumption of Data Center Rack Market is escalating rapidly due to rising demand for data storage, computing power, and Cloud computing services. Since most modern organizations deal with huge volumes of data, it is critical to have the right data center infrastructure that is also scalable and secure. The data center racks are vital tools for hosting servers, network equipment, and other components required for data centers; the racks help in space management for proper functioning of the data center. The use of artificial intelligence, the Internet of things, and big data analytics also boosts the need for enhanced data center solutions and drives the market growth. Also, the shift in the hyper-converged infrastructure and modular data centers are seen as a major driver in the market and presents the vendors with an opportunity to develop different types of rack solutions for various business needs.

• The third factor which has been significantly pushing the Data Center Rack Market is the growing concern for energy efficiency and sustainability. Data centers are among the biggest energy consumers due to the high energy demands of the services they offer, which translates to high operational costs and environmental impacts. Therefore, there is an increasing emphasis on constructing racks with energy efficiency features that enable efficient cooling and power distribution. New innovations in the design of the rack include; liquid cooling, and airflow management solutions which are being increasingly deployed, in order to minimize energy consumption and increase efficiency. In addition, the trends in the growth of edge computing as a new market segment, which is becoming more popular as organizations strive to install data centers closer to end consumers to enhance efficiency. This shift requires the creation of compact high-performance racks that can work in various and extreme conditions, which can be considered as the major opportunities of the market players to gain a competitive advantage and take a greater market share.

Data Center Rack Market Segment Analysis:

Data Center Rack Market Segmented on the basis of Component, Rack Type, End user.

By Component, Power Monitoring segment is expected to dominate the market during the forecast period

• The Data Center Rack Market can be segmented by component into four key areas: power supply and control, power management, power supply redundancy, and cable management systems. Power metering is the process of having systems and tools that track the energy usage of the data center racks and assist in the detection of problems that may occur before they lead to major complications. Power distribution refers to the infrastructure and devices that supply power to the various devices in a data center racks to provide constant and efficient power.

• Emergency power systems including UPS and battery systems are crucial backup to keep the vital systems running during power loss or fluctuations to protect data and systems. Last of all, cabling infrastructures can be described as the structured cabling systems that are used to interconnect various equipment and elements in the data center. All of these components are crucial to the efficiency and dependability of data center racks, which makes these aspects pertinent to the stakeholders of the field.

By Rack, Open Frame segment held the largest share in 2023

• The Data Center Rack Market can be categorized by rack type into two main types: open-shut frame and cabinets. The open frame rack type does not have any sides or doors, meaning that the equipment can be accessed easily and the air flows well around the equipment which may help to cool it. These are commonly implemented in areas where physical security is of low priority and where there are frequent changes in the topology and easy access to the network for maintenance.

• On the other hand, cabinets are enclosed racks which provide extra security and protection for the equipment, which is housed in them. It has doors, side panel and lock and hence ideal for use where security and dust control is needed than in other normal computer cabinets. Cabinets also facilitate better cabling and cooling management and can be designed to incorporate cooling mechanisms to manage heat. Open frame and cabinet racks are both important components in data center designing as they serve different operational and security purposes.

Data Center Rack Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast period
 

• The Asia-Pacific data center rack market has been growing at a good pace as more and more companies embrace digital solutions in the region to meet data storage and processing needs. Cloud computing, IoT, and big data analytics are some of the key drivers of data center growth to accommodate the need for data storage, thus driving the global data center racks market. China, Japan, India, and South Korea are some of the countries that are at the forefront of this growth because of their investment on data center and technological innovations. The demand increases with the integration of 5G technology because 5G demands a lot of support from the backend infrastructure. There is also an emerging trend of high-density racks and modular data center solutions that are more adaptable and capable of being expanded as per the requirement of the organization.

• Besides, technological progress, the government regulation of digital economies and policies influencing new markets are the key factors affecting the market environment. For example, China’s ‘New Infrastructure’ plan and India’s Digital India are crucial in driving the supportive ecosystem for data centers. Schneider Electric, Vertiv, and Rittal are some of the key players in the market that are now focusing on new rack solutions that can help in improving the energy efficiency of data centers and also increase rack density. The Asia-Pacific data center rack market is likely to sustain its growth trends as the demand for digital services remains unabated and Asian cities embark on smart city projects.

Active Key Players in the Data Center Rack Market

• Schneider Electric SE (France)
• Belden Inc. (United States)
• Cisco Systems Inc. (United States)
• Chatsworth Products (United States)
• Dell Inc. (United States)
• Hewlett Packard Development LP (United States)
• Oracle Corporation (United States)
• Rittal (Germany)
• Fujitsu Limited (Japan)
• Vertiv Group Corp. (United States)
• Socomec (France)
• Toshiba Corporation (Japan)
• Vertiv Co. (United States)
• Xiamen Kehua Hengsheng Co. Ltd (China)
• Others Active Key Players

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. DATA CENTER RACK MARKET BY COMPONENT (2017-2032)
   1. DATA CENTER RACK MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. POWER MONITORING
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. POWER DISTRIBUTION
   5. POWER BACKUP
   6. CABLING INFRASTRUCTURE
7. DATA CENTER RACK MARKET BY RACK TYPE (2017-2032)
   1. DATA CENTER RACK MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. OPEN FRAME
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. CABINETS
8. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. DATA CENTER RACK Market Share By Manufacturer (2023)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. SCHNEIDER ELECTRIC SE (FRANCE)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. BELDEN INC. (UNITED STATES)
   4. CISCO SYSTEMS INC. (UNITED STATES)
   5. CHATSWORTH PRODUCTS (UNITED STATES)
   6. DELL INC. (UNITED STATES)
   7. HEWLETT PACKARD DEVELOPMENT LP (UNITED STATES)
   8. ORACLE CORPORATION (UNITED STATES)
   9. RITTAL (GERMANY)
   10. FUJITSU LIMITED (JAPAN)
   11. VERTIV GROUP CORP. (UNITED STATES)
   12. SOCOMEC (FRANCE)
   13. TOSHIBA CORPORATION (JAPAN)
   14. VERTIV CO. (UNITED STATES)
   15. XIAMEN KEHUA HENGSHENG CO. LTD (CHINA)
9. GLOBAL DATA CENTER RACK MARKET BY REGION
   1. OVERVIEW
   2. NORTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Component
      4. Historic And Forecasted Market Size By Rack Type
      5. Historic And Forecasted Market Size By Country
         1. USA
         2. Canada
         3. Mexico
   3. EASTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
         1. Russia
         2. Bulgaria
         3. The Czech Republic
         4. Hungary
         5. Poland
         6. Romania
         7. Rest Of Eastern Europe
   4. WESTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
         1. Germany
         2. United Kingdom
         3. France
         4. The Netherlands
         5. Italy
         6. Spain
         7. Rest Of Western Europe
   5. ASIA PACIFIC
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Malaysia
         6. Thailand
         7. Vietnam
         8. The Philippines
         9. Australia
         10. New-Zealand
         11. Rest Of APAC
   6. MIDDLE EAST & AFRICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
         1. Turkey
         2. Bahrain
         3. Kuwait
         4. Saudi Arabia
         5. Qatar
         6. UAE
         7. Israel
         8. South Africa
   7. SOUTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
         1. Brazil
         2. Argentina
         3. Rest of South America
10. INVESTMENT ANALYSIS
11. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. DATA CENTER RACK MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. DATA CENTER RACK MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. DATA CENTER RACK MARKET COMPETITIVE RIVALRY
TABLE 005. DATA CENTER RACK MARKET THREAT OF NEW ENTRANTS
TABLE 006. DATA CENTER RACK MARKET THREAT OF SUBSTITUTES
TABLE 007. DATA CENTER RACK MARKET BY COMPONENT
TABLE 008. SOLUTIONS MARKET OVERVIEW (2016-2028)
TABLE 009. SERVICES MARKET OVERVIEW (2016-2028)
TABLE 010. DATA CENTER RACK MARKET BY RACK TYPE
TABLE 011. OPEN FRAME MARKET OVERVIEW (2016-2028)
TABLE 012. CABINETS MARKET OVERVIEW (2016-2028)
TABLE 013. NORTH AMERICA DATA CENTER RACK MARKET, BY COMPONENT (2016-2028)
TABLE 014. NORTH AMERICA DATA CENTER RACK MARKET, BY RACK TYPE (2016-2028)
TABLE 015. N DATA CENTER RACK MARKET, BY COUNTRY (2016-2028)
TABLE 016. EUROPE DATA CENTER RACK MARKET, BY COMPONENT (2016-2028)
TABLE 017. EUROPE DATA CENTER RACK MARKET, BY RACK TYPE (2016-2028)
TABLE 018. DATA CENTER RACK MARKET, BY COUNTRY (2016-2028)
TABLE 019. ASIA PACIFIC DATA CENTER RACK MARKET, BY COMPONENT (2016-2028)
TABLE 020. ASIA PACIFIC DATA CENTER RACK MARKET, BY RACK TYPE (2016-2028)
TABLE 021. DATA CENTER RACK MARKET, BY COUNTRY (2016-2028)
TABLE 022. MIDDLE EAST & AFRICA DATA CENTER RACK MARKET, BY COMPONENT (2016-2028)
TABLE 023. MIDDLE EAST & AFRICA DATA CENTER RACK MARKET, BY RACK TYPE (2016-2028)
TABLE 024. DATA CENTER RACK MARKET, BY COUNTRY (2016-2028)
TABLE 025. SOUTH AMERICA DATA CENTER RACK MARKET, BY COMPONENT (2016-2028)
TABLE 026. SOUTH AMERICA DATA CENTER RACK MARKET, BY RACK TYPE (2016-2028)
TABLE 027. DATA CENTER RACK MARKET, BY COUNTRY (2016-2028)
TABLE 028. SCHNEIDER ELECTRIC SE: SNAPSHOT
TABLE 029. SCHNEIDER ELECTRIC SE: BUSINESS PERFORMANCE
TABLE 030. SCHNEIDER ELECTRIC SE: PRODUCT PORTFOLIO
TABLE 031. SCHNEIDER ELECTRIC SE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 031. BELDEN INC: SNAPSHOT
TABLE 032. BELDEN INC: BUSINESS PERFORMANCE
TABLE 033. BELDEN INC: PRODUCT PORTFOLIO
TABLE 034. BELDEN INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 034. CISCO SYSTEMS INC: SNAPSHOT
TABLE 035. CISCO SYSTEMS INC: BUSINESS PERFORMANCE
TABLE 036. CISCO SYSTEMS INC: PRODUCT PORTFOLIO
TABLE 037. CISCO SYSTEMS INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 037. CHATSWORTH PRODUCTS: SNAPSHOT
TABLE 038. CHATSWORTH PRODUCTS: BUSINESS PERFORMANCE
TABLE 039. CHATSWORTH PRODUCTS: PRODUCT PORTFOLIO
TABLE 040. CHATSWORTH PRODUCTS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. DELL INC: SNAPSHOT
TABLE 041. DELL INC: BUSINESS PERFORMANCE
TABLE 042. DELL INC: PRODUCT PORTFOLIO
TABLE 043. DELL INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. HEWLETT PACKARD DEVELOPMENT LP: SNAPSHOT
TABLE 044. HEWLETT PACKARD DEVELOPMENT LP: BUSINESS PERFORMANCE
TABLE 045. HEWLETT PACKARD DEVELOPMENT LP: PRODUCT PORTFOLIO
TABLE 046. HEWLETT PACKARD DEVELOPMENT LP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. ORACLE CORPORATION: SNAPSHOT
TABLE 047. ORACLE CORPORATION: BUSINESS PERFORMANCE
TABLE 048. ORACLE CORPORATION: PRODUCT PORTFOLIO
TABLE 049. ORACLE CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. RITTAL: SNAPSHOT
TABLE 050. RITTAL: BUSINESS PERFORMANCE
TABLE 051. RITTAL: PRODUCT PORTFOLIO
TABLE 052. RITTAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. FUJITSU LIMITED: SNAPSHOT
TABLE 053. FUJITSU LIMITED: BUSINESS PERFORMANCE
TABLE 054. FUJITSU LIMITED: PRODUCT PORTFOLIO
TABLE 055. FUJITSU LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. VERTIV GROUP CORP: SNAPSHOT
TABLE 056. VERTIV GROUP CORP: BUSINESS PERFORMANCE
TABLE 057. VERTIV GROUP CORP: PRODUCT PORTFOLIO
TABLE 058. VERTIV GROUP CORP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 059. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 060. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 061. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. DATA CENTER RACK MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. DATA CENTER RACK MARKET OVERVIEW BY COMPONENT
FIGURE 012. SOLUTIONS MARKET OVERVIEW (2016-2028)
FIGURE 013. SERVICES MARKET OVERVIEW (2016-2028)
FIGURE 014. DATA CENTER RACK MARKET OVERVIEW BY RACK TYPE
FIGURE 015. OPEN FRAME MARKET OVERVIEW (2016-2028)
FIGURE 016. CABINETS MARKET OVERVIEW (2016-2028)
FIGURE 017. NORTH AMERICA DATA CENTER RACK MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 018. EUROPE DATA CENTER RACK MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 019. ASIA PACIFIC DATA CENTER RACK MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. MIDDLE EAST & AFRICA DATA CENTER RACK MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. SOUTH AMERICA DATA CENTER RACK MARKET OVERVIEW BY COUNTRY (2016-2028)