Global Data Center Cooling Component Market - A Global and Regional Analysis, 2023-2028

Nov 2023| BIS820A| BIS Research

Report Highlights

Global Data Center Cooling Component Market Expected to Reach $12.14 Billion by 2028

Global Data Center Cooling Component Industry Overview

The global data center cooling component market is expected to reach $12.14 billion by 2028 growing at a CAGR of 12.4% between 2023 and 2028.

Introduction to Global Data Center Cooling Component Market

The global data center cooling component market is a vital and evolving sector within the broader data center industry, essential for maintaining the optimal performance and reliability of data centers. As data centers continue to expand in response to the ever-growing demand for digital services, cloud computing, and data storage, the need for efficient cooling solutions has become paramount. Data center cooling components are a crucial part of the infrastructure, as they help manage the temperature and airflow within these facilities, ensuring that servers and networking equipment operate at peak efficiency while minimizing downtime and energy consumption.

Market Segmentation:

Segmentation 1: by End User

  • Hyperscale Data Centers
  • Colocation Data Centers
  • Enterprise Data Centers
  • Others Data Centers

Segmentation 2: by Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest-of-the-World

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2023-2028
Base year market size $5.83 Billion in 2023
Market size forecast $12.14 Billion by 2028
Growth rate 12.40%
Units considered $ Billion
Segments covered By End-user, By Region
Industry covered Energy & Power
Regions covered North America, Europe, Asia-Pacific, Rest-of-the-World
Companies studied
  • SPX Cooling Technologies
  • DraCool
  • Danfoss
  • Victaulic
  • Wattco
  • BOWMAN
  • Staubli
  • Armstrong Fluid Technology
  • Heatex
  • Kelvion
  • Thermal Care
  • Wieland MicroCool
  • TCF Azen
  • Colmac
  • Delta Power Solutions

How can this report add value to an organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of cooling products available for deployment in the data center industry. Data center cooling technologies generate higher revenues when compared to conventional cooling practices. Therefore, the data center cooling business is a moderate investment and high revenue generating model.

Growth/Marketing Strategy: The global data center cooling component market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been a business expansion to strengthen their positions in the data center cooling component market.

Competitive Strategy: A detailed competitive benchmarking of the players operating in the global data center cooling component market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Some of the prominent names established in this market are:

  • SPX Cooling Technologies
  • Danfoss
  • Victaulic
  • Wattco
  • BOWMAN
  • Staubli
  • DraCool
  • Heatex
  • Kelvion
  • Thermal Care
  • Wieland MicroCool
  • TCF Azen
  • Colmac
  • Armstrong Fluid Technology
  • Delta Power Solutions

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