Global demand for data centre infrastructure, the growing popularity of cloud computing, and the growing number of organisations around the world are all factors in the growth of the server cabinets market. Additionally, companies are employing server cabinets more and more to increase productivity and reduce overhead costs associated with setting up a specific IT infrastructure. The introduction of edge computing and the rising demand for data storage among enterprises are further factors driving the market.
During the projected period, the market for server cabinets is anticipated to expand significantly. The growing demand from the IT and telecom industries, increased investments in data centres throughout the world, and the use of virtualization technologies are driving up the demand for server cabinets. The need for server cabinets is also anticipated to rise as cloud computing solutions are increasingly adopted.
An effective method of managing and arranging IT equipment is through server cabinets. In order to protect critical servers and other equipment from environmental dangers like dust, moisture, fire, and other physical threats, they provide the highest level of security for data centre equipment. These cabinets' effective ventilation systems also aid in preserving the ideal temperature for servers and other IT components. The server cabinets are made with a variety of features that make them perfect for data centres, including adjustable shelves, shock-absorbing wheels, redundant power supplies, and cable management. This enhances the effectiveness and efficiency of data centres while lowering costs. Server cabinets are additionally inexpensive to maintain because they are simple to set up and need little downtime. Additionally, in circumstances like power outages and electrical issues, they improve the safety and security of the data centre equipment.
In a data centre, servers are stored and organised using server cabinets. They range in size from below 10U to above 42U, and they have various forms. Server cabinets shield the servers from dust, moisture, and unintentional physical harm while also providing thermal cooling. Additionally, amenities like power strips and cable management systems are included in the server cabinet.
At a CAGR of 5.2% over the projected period, the worldwide server cabinets market is anticipated to increase from USD 2.36 billion in 2021 to USD 3.52 billion by 2031.
There are expected to be a number of reasons that may impede the expansion of the global server cabinet market. Enterprises are generally discouraged from investing in server cabinet solutions because of the high initial capital expenditure and lengthy payback times. The adoption of server cabinet solutions may also be hampered by a lack of knowledge about cutting-edge data centre infrastructure solutions and poor technical proficiency. However, as businesses turn their attention to massive data centres, the introduction of the public cloud and IT-as-a-service (ITaaS) models are likely to boost demand for server cabinets.
There are several significant companies in the fiercely competitive world market for server cabinets. Hewlett Packard Enterprise (HPE), Dell Technologies, Schneider Electric, Chatsworth Products, Inc., Rittal GmbH & Co. KG, Black Box Corporation, Vertiv Group Corporation (EMERSON), Knurr GmbH, Crenlo Corporation, and Great Lakes Case & Cabinet Co. are a few of the top market participants.
The Below 10U Type to Emerge as the Most Lucrative Segment
The market for server cabinets is divided into four categories: below 10 u, 10 u to 36 u, 36 u to 42 u, and above 42 u. During the forecast period, the market for server cabinets is expected to be led by those under 10U. The expansion of this market segment is being driven by elements like affordability and ease of maintenance. Due to the increasing need for medium-sized cabinets in data centres, the market for 10 U 36 U is predicted to develop significantly during the projected period.
The Most Popular Application Segment is Enterprise Data Centre
Applications including internet data centres, business data centres, departmental data centres, and others are used to segment the worldwide server cabinets market. During the forecast period, the enterprise data centre segment is anticipated to rule the worldwide server cabinets market. Because enterprise-grade server cabinets interact with a variety of servers and other networking devices in enterprise networks, this growth is linked to their increased usage.
North American region to render Adequate Financing Avenues
Geographically speaking, the server cabinet market is dominated by North America, followed by Europe. The majority of the market share for server cabinets in North America is held by the United States and Canada as a result of growing investments in data centre infrastructure and rising demand for high-performance computing. Over the course of the forecast period, the Asia Pacific server cabinets market is expected to experience significant expansion due to the rising digitization of many industries, including banking, healthcare, and government in countries like China and India. The Middle East and Africa are likely to experience steady growth during the projected timeframe.
COVID-19 Impact and Market Status
During the projected period, the market for server cabinets is anticipated to expand. The COVID-19 pandemic-related increase in demand for data centres is to blame for this. The pandemic has accelerated the digitalization of services across numerous industries, spurring server cabinets' widespread usage. Additionally, companies are increasingly using server cabinets to boost productivity and cut costs. The demand for server cabinets is therefore anticipated to increase significantly throughout the course of the projection period.
Latest Innovations in the Global Server Cabinets Market: A Snapshot
• Schneider Electric SE, a provider of modular data centers, announced the acquisition of AST Modular in July 2020. The company's power and data center portfolio will benefit from this additional strengthening.
• The market for server cabinets has grown as organizations increasingly use cloud computing services like Amazon Web Services (AWS) and Microsoft Azure. As firms employ computer AI technology more frequently for data analytics, customer segmentation, and marketing, demand for secure server cabinet systems is anticipated to rise throughout the forecast period.
Server Cabinets Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2032||USD 3.52 billion|
|Growth Rate||CAGR of 5.2% during 2021-2031|
|Segment Covered||by Type, by Deployment, By Application, by Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and Africa|
|Key Players Profiled||Hewlett Packard Enterprise (HPE), Dell Technologies, Schneider Electric, Chatsworth Products, Inc., Rittal GmbH & Co. KG, Black Box Corporation, Vertiv Group Corporation (EMERSON), Knurr GmbH, Crenlo Corporation, and Great Lakes Case & Cabinet Co.|
Key Segments of the Global Server Cabinets Market
By Type Overview, 2021-2031 (USD Billion)
• Below 10U,
• 10 U ~ 36 U,
• 36 U ~ 42 U,
• above 42 U,
By Application Overview, 2021-2031 (USD Billion)
• Internet Data Centre,
• Enterprise Data Centre,
• Departmental Data Centre,
By Regional Overview, 2021-2031 (USD Billion)
• Rest of Europe
• Rest of Asia Pacific
• Rest of South America
Middle East and Africa