According to Arizton’s latest research report, the APAC data center cooling market is growing at a CAGR of 10.12% during 2023-2029.
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Report Summary
Market Size – Investment (2029): $5.73 Billion
Market Size –Invesment (2023): $3.21 Billion
CAGR – Investment (2023-2029): 10.12%
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Market Segmentation: Infrastructure, Cooling Systems, Cooling Technique, Tier Standards, and Geography
Geographical Analysis: APAC & Southeast Asia
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The APAC region has seen a substantial increase in data center investments, driven by a rising number of internet users, increased social media engagement, widespread smartphone adoption, the growing use of cloud services, and enterprises shifting from traditional server rooms to more advanced data center environments. This surge in demand is expected to drive the establishment and expansion of data centers across the region, fueling market growth. The APAC data center cooling market is experiencing remarkable global growth. Key markets within the region include China, Singapore, South Korea, Japan, Australia, and Hong Kong.
Geographical Analysis
In 2023, China led the APAC data center cooling market with approximately 45% of the total investment, followed by Australia, India, Hong Kong, South Korea, New Zealand, and other APAC nations. The region saw a significant boost in data center investments, driven by a growing number of internet users, increased social media activity, widespread smartphone adoption, the rise of cloud services, and a shift by enterprises from traditional server rooms to advanced data center infrastructures.
Singapore emerged as a crucial hub for data center investments in Southeast Asia, attracting both local and international operators. The growing dependence on digital services, the expansion of content providers, rising internet penetration, and the widespread adoption of cloud technologies are expected to fuel demand for data generation, traffic, and robust storage and connectivity solutions. This rising demand is anticipated to drive the establishment and expansion of data centers, further boosting the APAC data center cooling market.
Investment Insights
In the year 2023, there was a substantial increase in data center investments within the region. This surge was propelled by a rise in internet users, a heightened presence on social media platforms, widespread smartphone usage, an increased embrace of cloud services, and a growing necessity for enterprises to shift from server room setups to more advanced data center environments.
In 2023, key players such as GDS Services, SUNeVision Holdings (iAdvantage), China Mobile, Equinix, Digital Realty, EdgeConneX, Keppel Data Centres, NEXTDC, AirTrunk, ST Telemedia Global Data Centres, Chindata Group, Edge Centres, ePLDT, Yotta Infrastructure Solutions, AdaniConneX, Yondr, CDC Data Centres, DCI Indonesia, NTT DATA, CtrlS Datacenters, Princeton Digital Group, Web Werks, and several others made significant investments as major colocation providers in the APAC data center cooling market.
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The Report Includes the Investment in the Following Areas:
Segmentation by Infrastructure
Cooling Systems
Other Mechanical Infrastructure
Segmentation by Cooling Systems
CRAC & CRAH Units
Chiller Units
Cooling Towers, Condensers, and Dry Coolers
Economizers & Evaporative Coolers
Other Cooling Units
Segmentation by Cooling Technique
Air-based Cooling Technique
Liquid-based Cooling Technique
Segmentation by Tier Standards
Tier I & II
Tier III
Tier IV
Segmentation by Geography
APAC
China
Hong Kong
Australia
New Zealand
India
Japan
South Korea
Taiwan
The Rest of APAC
Southeast Asia
Singapore
Indonesia
Malaysia
Thailand
Philippines
Vietnam
Other Southeast Asian Countries
Vendors Landscape
Cooling Infrastructure Providers
3M
4Energy
Aermac
Airedale
AIRSYS
Alfa Laval
Asetek
Austin Hughes
Black Box
Carrier
CITEC International
ClimateWorx International
Condair
Cooler Master
CoolIT Systems
Colt International
CONTEG
Daikin Applied
Degree Controls
Delta Electronics
Eaton
ebm-papst
EcoColling
Envicool
Excool
FläktGroup
Fujitsu
Fuji Electric
Green Revolution Cooling
Huawei
Iceotope Technologies
Johnson Controls
Kelvion
Kyoto Cooling
Legrand
Lennox International
LiquidCool Solutions
LiquidStack
Mitsubishi Electric
Motivair
Munters
Nortek Air Solutions
nVent
Prasa
Renovo Zhuhai
Rittal
Schneider Electric
Shanghai Shenglin M&E Technology
Siemens
SPX Cooling Technologies
Stellar Energy
STULZ
Submer
Swegon
SWEP
Systecon
Systemair
Trane
Upsite Technologies
Vertiv
Wakefield Thermal
Key Questions Answered in the Report:
How big is the APAC data center cooling market?
What is the growth rate of the APAC data center cooling market?
Which country holds the most significant APAC data center cooling market share?
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