Home > Semiconductors & Electronics > Data Center > Data Center Cooling > Data Center Cooling Market

Data Center Cooling Market Share

Report ID: GMI423
Published Date: Apr 2024
Report Format: PDF

Download Free Sample

Data Center Cooling Market Share

ABB group and Vertiv Co. held significant market share of over 10% market share in 2023. These companies are fortifying their market presence with a diverse strategy. Strategic acquisitions of smaller firms with specialized technologies swiftly expand their product offerings. Incorporating these niche solutions allows them to address a broader spectrum of data center requirements, appealing to a varied clientele base. Furthermore, substantial investments in research and development maintain their edge in technological advancements, ensuring the provision of innovative cooling solutions to the market.

Collaborative ventures with data center operators and cloud service providers enable the smooth incorporation of their cooling solutions into established infrastructures, elevating client satisfaction. Moreover, their focus on energy efficiency and sustainability resonates with current market preferences and meets stringent regulatory standards, amplifying their attractiveness. This holistic approach fortifies their market presence significantly, establishing these companies as frontrunners in the continuously evolving data center cooling industry.

Data Center Cooling Market Companies

Major players operating in the data center cooling industry are:

ABB Group
Airedale International Air Conditioning Ltd.
EVAPCO Inc.
GEA Group Aktiengesellschaft
Hamon Group
Johnson Controls Inc.
Nortek Air Solutions, LLC
Rittal GmbH & Co. Kg
Schneider Electric SE
Stulz GmbH
Vertiv Co.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Data center cooling industry size was USD 15.9 billion in 2023 and is expected to register over 13.5% CAGR from 2024-2032 owing to the rise of cloud computing services and ongoing innovations in cooling technologies worldwide.

The solutions segment recorded USD 10.6 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to its comprehensive approach, and offering a range of technologies like air conditioning, liquid cooling, and containment systems.

North America data center cooling industry held over 35% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to presence of a robust infrastructure and early adoption of advanced technologies in the region.

ABB Group, EVAPCO Inc., GEA Group Aktiengesellschaft, Hamon Group, Johnson Controls Inc., Nortek Air Solutions, LLC, Rittal GmbH & Co., KgSchneider Electric SE, Stulz GmbH, and Vertiv Co., are some of the major data center cooling companies worldwide.