Server Rack Cabinet Enclosures Market Set to Surge - Key Insights You Must Know

Server Rack Cabinet Enclosures Market Size

The global Server Rack Cabinet Enclosures revenue was US$ 2935.8 million in 2022 and is forecast to a readjusted size of US$ 5489.4 million by 2029 with a CAGR of 8.8% during the forecast period (2023-2029).

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A data center rack or enclosures is a type of physical steel and electronic framework that is designed to house servers, networking devices, cables and other data center computing equipment. This physical structure provides equipment placement and orchestration within a data center facility.Data center racks are used to support servers, switches, routers, and other network equipment. Adoption of rack solutions enables efficient and easy management of data center networks. The rack solutions are designed to support multiple servers in a secure environment. The modern racks are equipped with features such as cooling, power management, connectivity, and cable management. Advanced monitoring solutions also enable remote monitoring of the racks and the equipment being hosted into the racks. The racks are also equipped with sensors, which provide real-time information on the performance and status of the racks.

In India, the Server Rack Cabinet Enclosures revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).

Global key server rack cabinet enclosures manufacturers include Eaton, Rittal GmbH, Vertiv etc. The top 3 companies hold a share about 35%. North American is the largest market, with a share about 45%, followed by Asia Pacific and Europe with the share about 35% and 17%. In terms of product, 10U-36U server rack cabinet enclosures is the largest segment, with a share over 60%. And in terms of application, the largest application is servers data center, followed by servers data center.

This report focuses on global and India Server Rack Cabinet Enclosures market, also covers the segmentation data of other regions in regional level and county level.

India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.

By Type
• Below 10U Server Rack Cabinet Enclosures
• 10U-36U Server Rack Cabinet Enclosures
• Above 42U Server Rack Cabinet Enclosures

By Application
• Networking Data Center
• Servers Data Center

Key Companies
Rittal GmbH, Vertiv, Eaton, Schneider Electric, HPE, IBM, Nitto-Kogyo, Dell, Oracle, Ship Group, Toten, ZTE, Keydak, Times BoChuan, DaTangBG, Sugon, Shenzhen JIng Zhi Network Equipment, ANDZY, Shenzhou Cabinets

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This release was published on openPR.