Chile Data Center Cooling Market Size
| Study Period | 2018 - 2030 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.03 Billion |
| Market Size (2030) | USD 0.09 Billion |
| CAGR (2024 - 2030) | 19.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Chile Data Center Cooling Market Analysis
The Chile Data Center Cooling Market size is estimated at USD 0.03 billion in 2024, and is expected to reach USD 0.09 billion by 2030, growing at a CAGR of 19% during the forecast period (2024-2030).
- The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are major factors driving the demand for data centers.
- Under Construction IT Load Capacity: The IT load capacity of the Chilean data center cooling market is expected to reach more than 490 MW by 2030.
- Under Construction Raised Floor Space: The country's construction of raised floor area is expected to exceed 1.7 million sq. ft by 2030.
- Planned Racks: The country's total number of racks to be installed is expected to reach 87K units by 2030. Santiago is expected to house the maximum number of racks by 2030.
- DC Facilities: Chile has around 46 colocation data center facilities, and Santiago is the country's major hotspot. The increasing adoption of the cloud by most businesses is boosting the number of data centers in the nation.
- New data centers across the country are focusing on implementing state-of-the-art monitoring systems to mitigate the risks associated with extreme weather events. Many use the latest, more energy-efficient cooling technologies, such as redundant cooling systems, smart monitoring technologies, and backup power generators, to ensure consistency of temperature in the event of power interruptions. Direct liquid cooling uses a higher thermal transfer of water to a more efficient cooling device.
- The average winter temperature is between 14 °C (57 °F) and 22 °C (72 °F), and the average summer temperature is between 16 °C (61 °F) and over 28 °C (82 °F). Winters can vary widely across the country, with frequent cold, fog, and snow periods in the north and more pleasant weather in the south. DC cooling is done in the DC facilities depending on climatic conditions.
Chile Data Center Cooling Market Trends
The IT and Telecom Segment is Expected to Hold a Significant Market Share
- As companies increasingly shift their operations to the cloud and remote servers, the rising adoption of the internet and e-commerce, particularly in finance and other sectors, is driving the demand for colocation services in the country.
- In December 2023, Oracle unveiled its second Oracle Cloud Region in Chile, marking it as the first hyperscaler to establish two regions in the nation. With the newly introduced Oracle Cloud Valparaíso Region complementing the existing Santiago location, Oracle is poised to bolster business continuity for organizations across Chile, all while ensuring compliance with data residency and sovereignty mandates.
- Businesses are increasingly relying on third-party colocation facilities to run their data centers, which is supplemented by a growing move toward a hybrid IT strategy that uses the synergistic benefits of hosted data centers and multi-cloud architectures. Users can easily access the cloud service due to the high-speed internet available at data centers that house the cloud servers. MNCs are expected to enter Chile and contribute to data growth with their cloud-based services.
- For instance, Amazon Web Services (AWS) plans to build a cloud area in Santiago, Chile. The business has a Cloudfront Edge site in Santiago and intends to open a local zone soon. While Microsoft is creating a cloud region in Chile, Oracle, Google, and other companies have already established Chilean cloud regions. Huawei announced plans for its third facility.
- In recent years, Chile has emerged as a frontrunner in digital connectivity across Latin America and the Caribbean, notably in the realm of 5G deployment. Chile aims to extend 5G coverage to all urban areas nationwide by 2025, building on its achievement of covering an impressive 50% of these areas. Such instances in the market are expected to create more need for data centers, boosting the demand for data center cooling infrastructure manufacturers in the coming years.
Liquid Cooling to Hold a Significant Market Share
- Liquid cooling offers many benefits in data centers, making it an attractive option for cooling computing environments with high performance. It is more energy-efficient than conventional air conditioning. By providing precise temperature control, it reduces the need for overcooling and improves data center energy efficiency.
- In Chile, in order to serve the growing requirement of data storage in the region, the key data center operators are coming up with huge IT load capacities, resulting in generating more heat from the servers, which require cooling solutions that provide efficiency and capacity benefits. In April 2024, Equinix unveiled plans to establish a data center in Santiago, Chile. Situated in the Pudahuel district, the ST5 facility will feature 16 data rooms and office space spread across two floors, covering a total area of 24,420 sq. m (263,000 sq. ft). With an estimated investment of USD 130 million, the ST5 facility will occupy a gross land area of 42,400 sq. m (456,000 sq. ft). Construction is slated to kick off in May 2025, with the inaugural phase set for completion in April 2027.
- Numerous foreign organizations, including ECLAC (Economic Commission for Latin America and the Caribbean), have offices in Santiago. The local tech industry has gained momentum as a result of these established organizations. Santiago offers businesses a supportive environment and government assistance to foster rapid technological innovation. Chile's exceptional connectivity has benefited these large enterprises. The country's 5G technology and continental and intercontinental fiber optics make the region more appealing for investment.
- Technological advances have helped reduce data centers' water consumption by more than 15% in tropical climates and 80% in green areas, making liquid cooling easier to maintain, scale up, or be affordable. Energy used for liquid cooling can be recycled to heat buildings and drinking water, while advanced artificial refrigerants can significantly reduce the carbon footprint of air conditioners.
- Liquid cooling takes advantage of space constraints and superior heat transfer properties of water or other liquids to provide efficient and cost-effective cooling of high-density racks up to 3,000 times more efficiently than air. Long proven in mainframe and gaming applications, liquid cooling is increasingly being used to protect rack servers in regional data centers. Recently, Vertiv introduced a water-efficient liquid cooling solution for high-density data centers, the Liebert XDU, a new generation of thermal management systems that supports liquid-cooled servers and enables the control of liquid quality, flow, and pressure.
Chile Data Center Cooling Industry Overview
The Chilean data center cooling market is moderately consolidated as the benefits offered by the technology and support from the government by imposing efficiency regulations on data centers are expected to help the growth of the data center cooling market directly. Some of the major players include Stulz GmbH, Vertiv Group Corp., Schneider Electric SE, Rittal GmbH & Co. KG, and Daikin Industries Ltd.
Chile Data Center Cooling Market Leaders
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Stulz GmbH
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Vertiv Group Corp.
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Schneider Electric SE
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Rittal GmbH & Co. KG
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Daikin Industries, Ltd.
*Disclaimer: Major Players sorted in no particular order
Chile Data Center Cooling Market News
- March 2024: Vertiv, a prominent provider of critical digital infrastructure and continuity solutions, unveiled a new suite of high-density data center infrastructure solutions. These are tailored to address the heightened cooling and power requirements of the rapidly evolving IT landscape. The newly introduced Vertiv 360AI solutions aim to expedite AI adoption, offering pre-engineered infrastructure, digitized management, and comprehensive end-to-end services. With Vertiv 360AI, powering and cooling AI workloads becomes a streamlined process, catering to all scales. The offerings encompass power and cooling systems, enclosures, complete lifecycle services, and advanced digitized management.
- May 2024: Stulz unveiled its latest innovation, the CyberCool Coolant Management and Distribution Unit (CDU), specifically engineered to optimize heat exchange efficiency in liquid cooling solutions. The product line comprises four models, available in two distinct sizes. These units boast an impressive heat exchange capacity, ranging from 345 kW to 1,380 kW. Stulz set the rated water supply temperature for the facility water system at 32 °C (89.6 °F), with the liquid supply temperature for the technology cooling system pegged at 36 °C (96.8 °F).
- May 2024: Rittal, in collaboration with multiple hyperscale data center operators, developed a modular cooling system. This solution boasts a cooling capacity exceeding 1 MW, achieved through direct water cooling. It is specifically tailored to cater to the high-power densities of AI applications.
Chile Data Center Cooling Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumption & Market Definition
- 1.2 Scope Of The Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
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4.2 Key cost considerations for Cooling
- 4.2.1 Analysis of the key cost overheads related to DC operations with an eye on DC Cooling
- 4.2.2 Comparative Study of the cost and operational considerations related to each Cooling technology based on key factors such as design complexity, PUE, advantages, drawbacks, extent of utilization of natural weather conditions)
- 4.2.3 Key innovations and developments in Data Center Cooling
- 4.2.4 Key energy efficiency practices adopted in Data Centers
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Government initiatives and rising demand for digitalization are propelling market growth.
- 5.1.2 Increasing Cloud based businesses drives the demand for the studied market
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5.2 Market Challenges
- 5.2.1 Dynamic nature of regulations on cooling solutions
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5.3 Market Opportunities
- 5.3.1 Adoption of AI in the Country Drives the Demand for Studied Market
- 5.4 Industry Ecosystem Analysis
6. ANALYSIS OF THE CURRENT DATA CENTER FOOTPRINT IN THE COUNTRY
- 6.1 Analysis of IT Load Capacity & Area footprint of Data Centers (for the period of 2017-2030)
- 6.2 Analysis of the current DC hotspots and scope for future expansion in the Country
- 6.3 Analysis of major Data Center Contractors and Operators in the Country
7. MARKET SEGMENTATION
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7.1 By Cooling Technology
- 7.1.1 Air-based Cooling
- 7.1.1.1 Chiller and Economizer
- 7.1.1.2 CRAH
- 7.1.1.3 Cooling Tower (covers direct, indirect & two-stage cooling)
- 7.1.1.4 Others
- 7.1.2 Liquid-based Cooling
- 7.1.2.1 Immersion Cooling
- 7.1.2.2 Direct-to-Chip Cooling
- 7.1.2.3 Rear-Door Heat Exchanger
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7.2 By Type
- 7.2.1 Hyperscalers (owned & Leased)
- 7.2.2 Enterprise (On-premise)
- 7.2.3 Colocation
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7.3 By End user Vertical
- 7.3.1 IT & Telecom
- 7.3.2 Retail & Consumer Goods
- 7.3.3 Healthcare
- 7.3.4 Media & Entertainment
- 7.3.5 Federal & Institutional agencies
- 7.3.6 Other end-users
8. COMPETITIVE LANDSCAPE
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8.1 Company Profiles
- 8.1.1 Stulz GmbH
- 8.1.2 Vertiv Group Corp.
- 8.1.3 Schneider Electric SE
- 8.1.4 Rittal GmbH & Co. KG
- 8.1.5 Daikin Industries, Ltd.
- 8.1.6 Mitsubishi Electric Corporation
- 8.1.7 Johnson Controls International PLC
- 8.1.8 GIGA-BYTE Technology Co., Ltd.
- 8.1.9 Munters Corporation
- 8.1.10 Delta Power Solutions
- *List Not Exhaustive
9. INVESTMENT ANALYSIS
10. MARKET OPPORTUNITIES AND FUTURE TRENDS
11. ABOUT US
** Subject To AvailablityChile Data Center Cooling Industry Segmentation
Data center cooling is a set of techniques and technologies to maintain optimal operating temperatures in data center environments. Data center cooling is important because data centers house many computer servers and network equipment that generate heat during operation. Efficient cooling systems are used to dissipate this heat and prevent equipment from overheating, ensuring continued reliable operation of the data center. Various methods, such as air conditioning, liquid cooling, and hot/cold aisle containment, are commonly used to control temperature and humidity in data centers.
The Chilean data center cooling market is segmented by technology (air-based cooling (chiller and economizer, CRAH, cooling towers, and others), liquid-based cooling (immersion cooling, direct-to-chip cooling, and rear-door heat exchanger)), type of data center (hyperscaler, enterprise, and colocation), and end-user industry (IT and telecom, retail and consumer goods, healthcare, media and entertainment, federal and institutional agencies, and other end-user industries).
| By Cooling Technology | Air-based Cooling | Chiller and Economizer |
| CRAH | ||
| Cooling Tower (covers direct, indirect & two-stage cooling) | ||
| Others | ||
| By Cooling Technology | Liquid-based Cooling | Immersion Cooling |
| Direct-to-Chip Cooling | ||
| Rear-Door Heat Exchanger | ||
| By Type | Hyperscalers (owned & Leased) | |
| Enterprise (On-premise) | ||
| Colocation | ||
| By End user Vertical | IT & Telecom | |
| Retail & Consumer Goods | ||
| Healthcare | ||
| Media & Entertainment | ||
| Federal & Institutional agencies | ||
| Other end-users |
Chile Data Center Cooling Market Research FAQs
How big is the Chile Data Center Cooling Market?
The Chile Data Center Cooling Market size is expected to reach USD 0.03 billion in 2024 and grow at a CAGR of 19% to reach USD 0.09 billion by 2030.
What is the current Chile Data Center Cooling Market size?
In 2024, the Chile Data Center Cooling Market size is expected to reach USD 0.03 billion.
Who are the key players in Chile Data Center Cooling Market?
Stulz GmbH, Vertiv Group Corp., Schneider Electric SE, Rittal GmbH & Co. KG and Daikin Industries, Ltd. are the major companies operating in the Chile Data Center Cooling Market.
What years does this Chile Data Center Cooling Market cover, and what was the market size in 2023?
In 2023, the Chile Data Center Cooling Market size was estimated at USD 0.02 billion. The report covers the Chile Data Center Cooling Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Chile Data Center Cooling Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
Chile Data Center Cooling Industry Report
Statistics for the 2024 Chile Data Center Cooling market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Chile Data Center Cooling analysis includes a market forecast outlook for 2024 to (2024to2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
