Belgium Data Center Cooling Market Size
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.14 Billion |
| Market Size (2029) | USD 0.2 Billion |
| CAGR (2024 - 2030) | 7.30 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Belgium Data Center Cooling Market Analysis
The Belgium Data Center Cooling Market size is estimated at USD 0.14 billion in 2024, and is expected to reach USD 0.2 billion by 2029, growing at a CAGR of 7.30% during the forecast period (2024-2029).
The climate in Belgium supports free cooling almost year-round, according to Google engineers, with temperatures rising above the acceptable range for free cooling about seven days per year on average. The average temperature in Brussels during summer reaches 66 to 71 degrees F (18 to 21 degrees C). To prevent the unwanted high-temperature climatic zone in summer, the usage of data center cooling is potentially being used.
- The upcoming IT load capacity of the Belgium data center market is expected to reach 263.3 MW by 2029. The country's construction of raised floor area is expected to increase to 1.3 million sq. ft by 2029.
- The country's total number of racks to be installed is expected to reach 65.8 K units by 2029. Brussels is expected to house the maximum number of racks by 2029. There are close to 5 submarine cable systems connecting Belgium, and many are under construction.
- In terms of acquisitions, in June 2023, Orange announced that Orange Belgium had completed its acquisition of a controlling stake in telco operator VOO SA. The closing of this deal will give Orange Belgium a 75% stake minus 1 share in VOO SA, with the remaining 25% plus one share retained by Nethys. Such acquisitions are expected to hold significant growth in the development of submarine cables in the forecast period.
Belgium Data Center Cooling Market Trends
BFSI to Hold Significant Share
- Belgium has seen a rise in the use of online and mobile banking. In Belgium, several traditional banks provide mobile banking, such as ING, Santander, and others.
- There are also mobile-only banks like N26, Bunq, Revolut, Monese, and Soldo. With increasing digital payment and transaction methods, the increase in network traffic will lead to a major demand for servers and equipment, leading to a demand for cooling solutions.
- The use of e-wallets is also growing rapidly and is expected to keep growing, particularly among the 89% of Belgians between the ages of 35 and 44 who use online banking.
- Belgian citizens will be able to use a mobile app to download digital wallets for official business during the course of 2023. As preferences increasingly shift toward digital alternatives, banking consumers may become more insistent about the adoption of data centers, leading to major adoption of cooling solutions.
Evaporative Cooling to Hold Significant Growth
- In the ever-evolving landscape of data centers, efficient cooling solutions are crucial to maintain optimal performance and handle the increasing heat loads generated by modern IT equipment. Among the emerging technologies, evaporative cooling systems have gained significant traction in recent years.
- Evaporative cooling combines high thermal efficiency and cost-effectiveness by achieving low cooling temperatures with minimum energy and water usage. Most of the hyperscale facilities are adopting such a cooling method. Facilities such as BRU4 of Interxion under construction have high rack density and are expected to adopt such a cooling method.
- Of Google's six European data centers, Saint-Ghislain is the most water-intensive. It runs on an evaporative water cooling system and is the first of all Google centers to operate entirely without mechanical coolers. It is also the fourth most water-intensive of all the data giant's sites worldwide, largely because of it being one of Google's largest data centers. The Saint-Ghislain site consumes around one million cubic meters of water for its Saint-Ghislain data center. This is equivalent to the annual consumption of around 10,700 households in the region.
- With the rising demand for high-density computing applications, traditional cooling methods might be replaced by evaporative cooling units. The Belgian government is providing significant investments to develop its IT infrastructure. Incentives are available in the Flanders region for fields requiring a lot of research, such as ICT and cloud computing. Such aspects are expected to drive the demand for data storage and processing facilities, leading to cooling demand.
Belgium Data Center Cooling Industry Overview
Belgium's data center cooling market is characterized by consolidation among key players who have recently gained a competitive advantage. Major companies such as Airedale International Air Conditioning Ltd, Stulz GmbH, and Rittal GMBH & Co.KG dominate the market with a significant market share. These industry leaders are actively focused on expanding their customer base throughout the region. They employ strategic collaboration initiatives to enhance their market presence and drive profitability.
April 2024: Google has initiated construction on its second data center campus in Belgium, located in Farciennes, Hainaut province. The company plans to invest approximately USD 1 billion in the project. Furthermore, Google will expand its existing campus in Saint-Ghislain, Belgium.
In May 2022, STULZ announced the release of its innovative product, the CyberCoolFree Cooling Booster. This unique free cooling module offers environmentally friendly cooling solutions for data centers and industrial applications. The CyberCoolFree Cooling Booster stands out as a versatile and high-performance solution, enabling the realization of substantial cost savings through the use of free cooling in both new and existing systems. By doing so, it contributes to improved operational reliability, extended equipment lifespan, and a reduction in CO2 emissions.
Belgium Data Center Cooling Market Leaders
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Airedale International Air Conditioning Ltd
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Stulz GmbH
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Rittal GMBH & Co.KG
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Schneider Electric SE
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Daikin Applied Europe S.p.A
*Disclaimer: Major Players sorted in no particular order
Belgium Data Center Cooling Market News
- July 2024: Schneider Electric has released white paper 133 titled "Navigating Liquid Cooling Architectures for Data Centres with AI Workloads." The paper provides a comprehensive analysis of liquid cooling technologies and their applications in modern data centres, particularly those handling high-density AI workloads.
- October 2023: LCL, a Belgian data center operator, is investing EUR 120 million (USD 127.6 million) to expand its facilities in Brussels. Additionally, LCL plans to install solar panels on the façade of its Brussels-North facility in Diegem. The company also aims to invest in more efficient cooling systems to reduce the Power Usage Effectiveness (PUE) of its facilities.
Belgium Data Center Cooling Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumption & Market Definition
- 1.2 Scope of the Study
2. Research Methodology
3. Executive Summary
4. Market Dynamics
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Adoption of Digital Banking
- 4.2.2 Emergence of Renewable and Green Data Centers
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4.3 Market Restraints
- 4.3.1 Adaptability Requirements and Power Outages
- 4.4 Value Chain / Supply Chain Analysis
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4.5 Industry Attractiveness - Porter's Five Forces Analysis
- 4.5.1 Threat of New Entrants
- 4.5.2 Bargaining Power of Buyers/Consumers
- 4.5.3 Bargaining Power of Suppliers
- 4.5.4 Threat of Substitute Products
- 4.5.5 Intensity of Competitive Rivalry
- 4.6 Assessment of COVID-19 Impact
5. MARKET SEGMENTATION
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5.1 Cooling Technology
- 5.1.1 Air-based Cooling
- 5.1.2 Liquid-based Cooling
- 5.1.3 Evaporative Cooling
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5.2 End-User
- 5.2.1 IT & Telecommunication
- 5.2.2 BFSI
- 5.2.3 Government
- 5.2.4 Media & Entertainment
- 5.2.5 Other End-Users
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Airedale International Air Conditioning Ltd
- 6.1.2 Stulz GmbH
- 6.1.3 Rittal GMBH & Co.KG
- 6.1.4 Schneider Electric SE
- 6.1.5 Daikin Applied Europe S.p.A
- 6.1.6 Munters Group AB
- 6.1.7 Huawei Technologies Co., Ltd.
- 6.1.8 Fujitsu General Limited
- 6.1.9 FlaktGroup Holding GmbH
- 6.1.10 Aermec SPA
- *List Not Exhaustive
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityBelgium 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 Belgium data center cooling market is segmented by cooling technology type (air-based cooling, liquid-based cooling, and evaporative cooling) and end-user (IT & telecommunication, BFSI, government, media & entertainment, and other end-users).
The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| Cooling Technology | Air-based Cooling |
| Liquid-based Cooling | |
| Evaporative Cooling | |
| End-User | IT & Telecommunication |
| BFSI | |
| Government | |
| Media & Entertainment | |
| Other End-Users |
Belgium Data Center Cooling Market Research Faqs
How big is the Belgium Data Center Cooling Market?
The Belgium Data Center Cooling Market size is expected to reach USD 0.14 billion in 2024 and grow at a CAGR of 7.30% to reach USD 0.2 billion by 2029.
What is the current Belgium Data Center Cooling Market size?
In 2024, the Belgium Data Center Cooling Market size is expected to reach USD 0.14 billion.
Who are the key players in Belgium Data Center Cooling Market?
Airedale International Air Conditioning Ltd, Stulz GmbH, Rittal GMBH & Co.KG, Schneider Electric SE and Daikin Applied Europe S.p.A are the major companies operating in the Belgium Data Center Cooling Market.
What years does this Belgium Data Center Cooling Market cover, and what was the market size in 2023?
In 2023, the Belgium Data Center Cooling Market size was estimated at USD 0.13 billion. The report covers the Belgium Data Center Cooling Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Belgium Data Center Cooling Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
Belgium Data Center Cooling Industry Report
Statistics for the 2024 Belgium Data Center Cooling market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Belgium 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.
