Market Share of NA Data Center Cooling Industry
The North American data center cooling market is highly competitive and fragmented. Market penetration is growing with a strong presence of major players, such as Schneider Electric SE, Black Box Corporation, Asetek, Nortek Air Solutions LLC, Emerson Electric Co., Hitachi Ltd, Rittal GmbH & Co. KG, Fujitsu Ltd, Stulz GmbH, and Vertiv, in established markets. With the increasing focus on innovation, the demand for new technologies, such as liquid-based cooling and portable cooling technologies, is also growing, which, in turn, is driving investments for further developments in the region.
In May 2023, the U.S. Department of Energy (DOE) announced USD 40 million in funding for 15 projects to develop high-performance, energy-efficient cooling solutions for data centers. The selected projects at universities, national labs, and businesses aim to reduce the energy necessary to cool data centers. These efforts will reduce the operational carbon footprint associated with cooling and powering this critical infrastructure and support President Biden’s goals to reach net-zero carbon by 2050.
In May 2023, Nvidia received USD 5 million from the United States Department of Energy (DOE) to develop a data center cooling solution combining two-phase direct-to-chip and immersion cooling techniques using low-global warming potential refrigerants and per- and polyfluorinated alkyl substances that comply with environmental regulations.
NA Data Center Cooling Market Leaders
Black Box Corporation
Vertiv Co
Emerson Electric Co.
Schneider Electric
Asetek, Inc
*Disclaimer: Major Players sorted in no particular order
