Market Share of Canada Data Center Cooling Industry
The Canadian data center cooling market is moderately fragmented. The upcoming DC construction projects in the country will increase the demand for data center cooling in the coming years. Major market players include CoolIT Systems, Nortek Air Solutions, Vertiv Group Corp., Schneider Electric SE, and Rittal GMBH & Co. KG. These major players, with a prominent market share, focus on expanding their regional customer base.
- April 2024: Carrier Global Corporation partnered with Strategic Thermal Labs to develop direct-to-chip cooling technology. Under this partnership, Carrier will leverage the advancement in direct-to-chip technology and incorporate it into data center cooling solutions.
- December 2023: Vertiv completed the acquisition of Cooltera Ltd, a manufacturer of coolant distribution units (CDU) and secondary fluid networks (SFN). This acquisition is expected to improve the existing DC cooling solutions offered by the company.
Canada Data Center Cooling Market Leaders
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CoolIT Systems
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Nortek Air Solutions
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Vertiv Group Corp.
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Schneider Electric SE
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Rittal GMBH & Co. KG
*Disclaimer: Major Players sorted in no particular order
