Data Center Cooling Market Share

Market Share of Data Center Cooling Industry

The data center cooling market is fragmented in nature, with the presence of several major players. With the increasing focus on innovation, the demand for new technologies is growing, which, in turn, is driving investments for further developments. Key players in the market include Daikin Industries Ltd, Schneider Electric SE, and Mitsubishi Electric Corporation.

• March 2024: Boreas Technology, a specialist in data center cooling technologies, developed the Rear Door Cooling Device, which is designed for high-density environments. This innovation provides precision cooling with up to 50 kW capacity. Efficiency, sustainability, and industry-leading standards are offered with the rear door cooling device. This also allows efficient operation for cabinets expected to operate at high capacity and density in data centers, enabling effective heat management.
• January 2024: Modine, a diversified global provider of innovative thermal management solutions, purchased the intellectual property and other specific assets of TMG Core, a specialist in single- and two-phase liquid immersion cooling technology for data centers with high-density computing requirements.

Data Center Cooling Market Leaders

1. Stulz GmbH

2. Rittal GmbH & Co. KG

3. Vertiv Group Corp.

4. Asetek A/S

5. Alfa Laval AB

*Disclaimer: Major Players sorted in no particular order