The North America Data Center Cooling Market has been expanding significantly in recent years, driven by various key factors. This report provides a comprehensive analysis of the market, including market size, trends, drivers and constraints, competitive aspects, and prospects for future growth.

Market Size & Growth:

• The North America Data Center Cooling Market size reached a valuation of USD 5.90 billion in 2023.
• The North America Data Center Cooling Market growth is projected to reach a valuation of USD 14.95 billion by 2032.
• The North America Data Center Cooling Market share is expected to register a compound annual growth rate (CAGR) of 10.9% from 2023 to 2032.

Recent Key Trends:

• Daikin expanded its data center cooling offerings owing to the burgeoning growth in data generation. According to industry forecasts, the data center market is expected to grow at 10% annually, with an estimated USD 49 billion investment in new facilities by the decade's end, driven by AI and cloud computing, boosting demand for advanced cooling solutions.
• Thermal Works unveiled its advanced waterless cooling system for the rapidly evolving data center industry. This effective modular design aims to renovate traditional data center operations by minimizing energy consumption and eliminating water usage in cooling. The company started delivering its integrated cooling system to clients.
• Thermal Care announced the update of their chiller product portfolio with EPA-approved low Global Warming Potential (GWP) refrigerants R-513A and R-454B. This proactive step aligned with impending legislation aims at phasing out high-GWP refrigerants linked to climate change. Governments worldwide are implementing regulations to transition away from refrigerants such as R-134a and R-410A, commonly used in chillers, due to their significant contribution to global warming.
• Johnson Controls unveiled Cooling as a Service (CaaS), a revolutionary capital-free solution that covers the entire cooling lifecycle, from upgrades to ongoing maintenance, transforming the cooling industry.
• The Modine’s Rockbridge facility (Virginia) announced the commissioning of a cutting-edge 5MW testing laboratory, enhancing the capabilities of Airedale by Modine to cater to the evolving needs of data center customers. This expansion addressed the growing demand within the data center industry for verified, sustainable cooling solutions. The established laboratory is equipped to conduct comprehensive testing of air conditioning equipment, with water-cooled chillers up to 5MW and air-cooled chillers up to 2.1MW.

This Report includes a company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The data points provided are only related to the company's focus related to North America Data Center Cooling markets. Leading global North America Data Center Cooling market players and manufacturers are studied to give a brief idea about the competitions.

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Key Players:

• Asetek Inc. (Denmark)
• Daikin Industries, Ltd. (Japan)
• Danfoss (Denmark)
• Johnson Controls (Ireland)
• Madison Air (U.S.)
• Mitsubishi Electric Corporation (Japan)
• MODINE MANUFACTURING COMPANY (U.S.)
• Schneider Electric (France)
• STULZ GmbH (Germany)
• Thermal Care (U.S.)
• Vertiv Group Corp. (U.S.)

Regional Trends:

• North America: U.S., Canada, Mexico
• Europe: Germany, U.K., France, Italy, Spain, Rest of Europe
• Asia Pacific: China, Japan, India, South Korea, Australia, Rest of Asia Pacific
• Latin America: Brazil, Argentina, Rest of Latin America
• Middle East & Africa: GCC Countries, South Africa, Rest of MEA

Highlights of Our Report

Our report offers extensive market analysis, providing a deep dive into manufacturing capabilities, production volumes, and technological innovations within the North America Data Center Cooling Market. It includes detailed corporate insights with in-depth reviews of company profiles, highlighting major players and their strategic moves in this competitive landscape. The report also examines consumption trends to shed light on current demand dynamics and consumer preferences. Comprehensive segmentation details illustrate the market’s distribution across various end-user segments, applications, and industries. In addition, there is a thorough pricing evaluation that explores pricing structures and the key factors influencing market strategies. Finally, the report presents a forward-looking outlook, offering predictive insights into emerging trends, growth opportunities, and potential challenges that may shape the market’s future.

Market Segmentation:

By Data Center Type

• Large Scale
• Medium Scale
• Small Scale

By Solution

• Air Conditioning
• Chilling Units
• Liquid Cooling
• Control Systems
• Others (Pumping Units, Humidifiers, etc.)

By Industry

• BFSI
• IT and Telecom
• Manufacturing
• Retail
• Healthcare
• Energy and Utilities
• Others (Government and Defense, Education, etc.)

Key Drivers/ Restrains:

• Drivers: Increasing adoption of cloud computing, AI, and big data analytics is driving the need for efficient cooling solutions in data centers.
• Restraints: High initial investment costs and energy consumption concerns associated with traditional cooling systems may limit market growth.

In Summary:

The North America data center cooling market is growing due to increasing data processing demands and energy-efficient cooling innovations. AI-driven climate control, liquid cooling solutions, and smart airflow management are optimizing data center performance. With cloud computing expansion, demand for cooling systems is rising.

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