Market Size of Belgium Data Center Cooling Industry
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 |
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 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 Size Summary
The Belgium data center cooling market is experiencing significant growth, driven by the increasing demand for efficient cooling solutions to support the rising IT load and network traffic. The country's favorable climate allows for nearly year-round free cooling, which is being leveraged to manage the heat generated by data centers. The expansion of digital banking and mobile payment solutions in Belgium is contributing to the surge in data center demand, as more servers and equipment are needed to handle the growing volume of transactions. This trend is further supported by the construction of new data center facilities and the expansion of existing ones, which are expected to adopt advanced cooling technologies like evaporative cooling systems to maintain optimal performance.
The market is characterized by the presence of major players such as Airedale International Air Conditioning Ltd, Stulz GmbH, and Rittal GMBH & Co.KG, who are actively expanding their market presence through strategic collaborations and innovative product offerings. These companies are focusing on developing environmentally friendly and cost-effective cooling solutions to meet the evolving needs of data centers. The Belgian government's investment in IT infrastructure and incentives for research-intensive fields are expected to further drive the demand for data center cooling solutions. As the market continues to grow, the adoption of advanced cooling technologies and strategic partnerships will play a crucial role in maintaining competitiveness and meeting the increasing demands of the data center industry.
Belgium Data Center Cooling Market Size - Table of Contents
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1. Market Dynamics
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Adoption of Digital Banking
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1.2.2 Emergence of Renewable and Green Data Centers
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1.3 Market Restraints
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1.3.1 Adaptability Requirements and Power Outages
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1.4 Value Chain / Supply Chain Analysis
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1.5 Industry Attractiveness - Porter's Five Forces Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers/Consumers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitute Products
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1.5.5 Intensity of Competitive Rivalry
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1.6 Assessment of COVID-19 Impact
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2. MARKET SEGMENTATION
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2.1 Cooling Technology
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2.1.1 Air-based Cooling
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2.1.2 Liquid-based Cooling
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2.1.3 Evaporative Cooling
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2.2 End-User
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2.2.1 IT & Telecommunication
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2.2.2 BFSI
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2.2.3 Government
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2.2.4 Media & Entertainment
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2.2.5 Other End-Users
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Belgium Data Center Cooling Market Size 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.