- In May 2024, STULZ Modular, a subsidiary of STULZ GmbH specializing in modular data center solutions, partnered with Asperitas to investigate the potential of liquid cooling technology. This collaboration focuses on integrating immersion cooling for high-density data center environments, aiming to deliver innovative solutions tailored to the industry's evolving demands. The partnership emphasizes a modular data center concept that can be deployed in both indoor and outdoor settings, enhancing cooling efficiency
- In April 2024, Schneider Electric made a significant investment of USD 438.4 million to establish India as a manufacturing hub for data center cooling solutions. The inauguration of a state-of-the-art facility in Bengaluru, with an initial investment of USD 130 million, highlights the company’s commitment to addressing the rising demand for innovative cooling technologies. This hub will focus on developing customized solutions specifically designed for India's expanding data center ecosystem
- In April 2024, Mitsubishi Electric launched the MECH-iF range, featuring an air-cooled chiller that utilizes a proprietary single-screw compressor to enhance energy efficiency and reliability. This new product range provides capacities ranging from 345 kW to 921 kW, offering flexibility in refrigerant options with either R1234ze (G04) or R513A (G05). The patented screw variable-speed compressors ensure prolonged operational lifespan, making it suitable for various applications
- In March 2024, Daikin Applied introduced the Navigator WW water-cooled screw chiller, designed with low-global warming potential (GWP) refrigerant R-513A. This eco-friendly cooling solution is aimed at enhancing operational efficiency for customers. In addition, clients can further optimize performance by combining this chiller with the optional Templifier TW water heater, facilitating a cost-effective heat recovery solution. This innovation aligns with growing environmental sustainability efforts in cooling technology
- In November 2023, Schneider Electric partnered with Intel to develop a liquid cooling solution compatible with the cutting-edge Intel Gaudi3 AI accelerator. This innovative cooling system supports both air-cooled and liquid-cooled servers, utilizing Vertiv's pumped two-phase (P2P) cooling infrastructure to maintain optimal performance levels. The collaboration aims to address the increasing cooling demands of AI applications, ensuring efficient thermal management and improved reliability for advanced computing environments
- In October 2023, Schneider Electric announced a USD 1.2 million investment in its Sustainable Tropical Data Center Testbed (STDCT) at the National University of Singapore (NUS), funded by the National Research Foundation of Singapore. This facility is designed to tackle the challenges of maintaining regulated systems in tropical regions, which often incur excessive energy costs. The investment aims to develop sustainable cooling solutions tailored for energy-intensive data centers in tropical climates
- In May 2023, Vertiv Group Corp. launched the Liebert PKDX, a single direct expansion thermal management unit specifically designed for data centers. This advanced unit incorporates rack sensors, intelligent controls, and a centralized optimization system for effective heat management. The Liebert PKDX, which is now available in India, features a plug-and-play design that allows for rapid installation. It operates without water and eliminates the need for additional space in the data hall, enhancing efficiency
Frequently Asked Questions
The market is segmented based on Segmentation, By Type (Enterprise Data Center and Edge Data Center), Solutions (Air Conditioning, Chilling Units, Cooling Towers, Economizer System, Liquid Cooling System, Computer Room Air Conditioning (CRAC) and Computer Room Air Handler (CRAH), Control Units, and Others), Service (Consulting and Training, Installation and Deployment, and Maintenance and Support), Cooling Type (Room Based Cooling, Rack Based Cooling, and Row Based Cooling), Organization Size (Large Organization Size, and Small and Medium Organization), Industry (BFSI, IT and Telecom, Manufacturing, Retail, Healthcare, Energy and Utilities, and Others)– Industry Trends and Forecast to 2031
.
The Global Data Center Cooling Market size was valued at USD 18.43 USD Billion in 2023.
The Global Data Center Cooling Market is projected to grow at a CAGR of 17.1% during the forecast period of 2024 to 2031.
The major players operating in the market include Schneider Electric, Vertiv Group Corp., STULZ GMBH, Eaton, FUJITSU, Rittal GmbH & Co. KG, Daikin Applied, Black Box Corporation, ALFA LAVAL, Nortek Air Solutions LLC, Airedale Air Conditioning, 3M, Coolcentric, Delta Power Solutions, EcoCooling.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
