Core Viewpoint - The Chinese server cabinet market is experiencing rapid growth driven by the expansion of data centers due to the widespread adoption of cloud computing, big data, and artificial intelligence technologies. The market size is projected to grow from 13 billion yuan in 2017 to 45.9 billion yuan in 2024, with a compound annual growth rate (CAGR) of 19.73% [1][11]. Industry Overview - Server cabinets are essential infrastructure in data centers, providing physical space and ensuring the safe operation of critical IT hardware. They optimize energy efficiency, heat dissipation, and wiring management [1][11]. - The server cabinet industry in China has developed a complete industrial chain, with significant advancements in technology research and product innovation by domestic manufacturers [1][11]. Market Size and Growth - The market size of the Chinese server cabinet industry is expected to increase from 13 billion yuan in 2017 to 45.9 billion yuan in 2024, reflecting a CAGR of 19.73% [1][11]. - The data center market in China is also expanding, with a projected size of 304.8 billion yuan in 2024, growing at a rate of 26.6% [10]. Industry Policies - National policies are promoting the development of data centers, with initiatives aimed at optimizing technology and reducing redundant equipment. The "Green and Low-Carbon Development Action Plan for Data Centers" was issued to enhance energy efficiency and sustainability [7][10]. Industry Chain - The server cabinet industry chain includes upstream raw materials (steel, alloys, composite materials), midstream production, and downstream applications in data centers, network rooms, and control centers [7][9]. Competitive Landscape - The server cabinet industry in China is structured into three tiers: - Tier 1 includes global leaders like HP, IBM, and Dell. - Tier 2 consists of companies like Langwei, Rihai, and Inspur. - Tier 3 comprises smaller domestic manufacturers [11][12]. Key Companies - Langwei Electronics focuses on server cabinets and related products, with a projected revenue of 448 million yuan in 2024, a 47.85% increase [12]. - Inspur is a leading IT infrastructure provider, with expected revenue of 114 billion yuan from servers and components in 2024, reflecting a 74.74% growth [13][14]. Industry Trends - The server cabinet industry is evolving towards: - **Intelligent Solutions**: Integration of IoT sensors for real-time monitoring and management [14]. - **Green Technology**: Adoption of modular designs and innovative cooling solutions to reduce carbon emissions [15]. - **Customization**: Increasing demand for tailored solutions to meet specific industry needs [16].