Critical Power and Cooling Market, Power Solution by Type and End Use, Cooling Solution by Type - Global Forecast to 2021

  • ID: 4159736
  • Report
  • Region: Global
  • 168 Pages
  • Markets and Markets
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The Critical Power and Cooling Market is Projected to Reach USD 25.80 Billion by 2021, Growing at a CAGR of 8.88%, During the Forecast Period

FEATURED COMPANIES

  • ABB
  • Connexa Energy
  • Daikin Industries, Ltd.
  • Falcon Electric, Inc.
  • Johnson Controls, Inc.
  • Riello Elettronica Group
  • MORE

“The critical power and cooling market is projected to grow at a CAGR of 8.88%, from 2016 to 2021.”

The critical power and cooling market is projected to reach USD 25.80 billion by 2021, growing at a CAGR of 8.88%, during the forecast period. A rise in digitalization and cloud computing leading to an increase in demand for data centers, an increasing demand for improving cooling efficiency in data centers, a need to reduce anomalies in power supply, and regulations and initiatives by institutes and associations are set to drive the market growth for critical power and cooling market across the world. High investment costs and environmental and health hazards are key restraints for the critical power and cooling market.

“Generators: The fastest growing segment of the critical power market, by type.”

The generator segment is estimated to be the fastest growing as a result of the rising demand for data centers, industrial control systems, facility control systems, industrial networks and communication, control rooms, and critical loads in several industries. The liquid cooling systems segment is growing at the fastest rate. Data centers, servers, electronic and manufacturing units, and medical equipment, such as MRIs and other imaging equipment, require high levels of uninterrupted power supply and, thus, would generate significant demand for liquid cooling system cooling solutions, during the forecast period.

“Asia-Pacific: The fastest growing segment of the critical power and cooling market, by region.”

The Asia-Pacific market is expected to be the fastest growing segment of the critical power and cooling market, by region, during the forecast period. The Asia-Pacific region has a high industrial growth rate, which has led to an increase in need for power generation and data storage. This need for power at various power plants, facilities, and hospitals, among other institutions, will boost the demand for critical power and cooling solutions in the region.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject matter experts, corporate-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects.

The distribution of primary interviews is as follows:

  • By Company Type: Tier 1 - 43%, Tier 2 - 33%, and Tier 3 - 24%
  • By Designation: D-Level - 35%, C-Level - 25%, and Engineer Level - 40%
  • By Region: Asia-Pacific - 45%, Europe - 30%, Americas - 15%, and RoW - 10%

The tier of the companies is defined based on their total revenue, as of 2013:

  • Tier 1 is equal to or less than USD 10 billion
  • Tier 2 is equal to USD 1 billion to USD 10 billion
  • Tier 3 is equal to or greater than USD 1 billion

The leading players in this industry have been profiled, along with their recent developments and other strategic activities.

These include Schneider Electric (France), ABB, Ltd. (Switzerland), General Electric (U.S.), Eaton Corporation (Ireland), Delta Electronics, Inc. (Taiwan), Critical Power Xiamen Kehua Hengsheng, Co. (China), Socomec (France), Falcon Electric, Inc. (U.S.), Daikin Industries, Ltd. (Japan), STULZ GmbH (Germany), Asetek A/S (Denmark), Vertiv, Co. (U.S.), ICS Cool Energy (U.K.), Piller Group GmbH (Germany), Riello Elettronica Group (Italy), Cyber Power Systems (U.S.), AC Power Corp. (PREEN) (Taiwan), Connexa Energy (U.S.), Siemens AG (Germany), SPX Corporation (U.S.), Johnson Controls, Inc. (U.S.), Nortek Air Solutions, LLC (U.S.), Rittal GmbH & Co. KG (Germany), and Airedale International Air Conditioning, Ltd. (U.K.), among others.

Research Coverage

The report segments the critical power market, on the basis of type, into UPS, generators, and others, and the cooling market, by type, into air conditioning, chilling units, cooling towers, liquid cooling systems, and others.

The end-users for the critical power market are industrial, commercial, IT and telecommunication, government and defense, and transportation, while the end-users for the cooling market are industrial, commercial, IT and telecommunication, transportation, and others (government buildings and military applications).

The critical power and cooling market has been segmented by region into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Each region has been further analyzed based on key country-level markets.

Why Buy This Report?

  • The report identifies and addresses key markets for critical power and cooling solutions, which is useful for suppliers and OEMs to review production and distribution plans.
  • The report helps manufacturers understand the pulse of the market and provides insights on drivers, restraints, and challenges. The report includes analyses of key countries, by type and end-users. It analyzes historical trends and forecasts for 2021, which assists in strategic decision-making.
  • The report will help OEMs better understand their competitors’ strategies and will help in making strategic decisions. It also presents the competition by analyzing recent market developments such as key contracts, expansions, and new product launches by key global market players.
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FEATURED COMPANIES

  • ABB
  • Connexa Energy
  • Daikin Industries, Ltd.
  • Falcon Electric, Inc.
  • Johnson Controls, Inc.
  • Riello Elettronica Group
  • MORE
1 Introduction

    1.1 Objectives of the Study

    1.2 Market Definition

    1.3 Market Scope

           1.3.1 Markets Covered

           1.3.2 Countries Covered

           1.3.3 Years Considered for the Study

    1.4 Currency

    1.5 Limitations

    1.6 Stakeholders

2 Research Methodology

    2.1 Research Data

           2.1.1 Secondary Data

                    2.1.1.1 Key Data From Secondary Sources

           2.1.2 Primary Data

                    2.1.2.1 Key Data From Primary Sources

                    2.1.2.2 Key Industry Insights

                    2.1.2.3 Breakdown of Primaries

    2.2 Market Size Estimation

    2.3 Market Breakdown and Data Triangulation

    2.4 Research Assumptions

           2.4.1 Assumptions

3 Executive Summary

    3.1 Introduction

    3.2 Current Scenario

    3.3 Future Outlook

    3.4 Conclusion

4 Premium Insights

    4.1 Attractive Market Opportunities in the Critical Power and Cooling Market

    4.2 Critical Power and Cooling Market: Regional Growth Rate (2016-2021)

    4.3 Critical Power and Cooling Market, By Region

    4.4 Critical Power and Cooling Market, By Type

    4.5 Critical Power and Cooling Market, By End-Use

5 Market Overview

    5.1 Introduction

    5.2 Market Segmentation

           5.2.1 By Type

           5.2.2 By End-Use

           5.2.3 By Region

    5.3 Market Dynamics

           5.3.1 Drivers

                    5.3.1.1 Improving Cooling Efficiency in Data Centers

                    5.3.1.2 Rise in the Number of Data Centers Due to Rise in Digitalization and Cloud Computing is Driving the Demand for Critical Power and Cooling

                    5.3.1.3 Anomalies in Power Supply

                    5.3.1.4 Regulations & Initiatives By Institutes

           5.3.2 Restraints

                    5.3.2.1 Erratic Power Supply and Shortage of Electricity in Regions

                    5.3.2.2 High Investment Cost

           5.3.3 Opportunities

                    5.3.3.1 Increasing Need for Power Generation Led By Industrial Growth in Asia-Pacific

                    5.3.3.2 Growing Requirement for Modular Data Center Cooling Approaches

           5.3.4 Challenges

                    5.3.4.1 Environmental & Health Hazards

                    5.3.4.2 High Levels of Energy & Water Consumption By Cooling Equipment

           5.3.5 Supply Chain

6 Critical Power and Cooling Market, By Type

    6.1 Critical Power Market, By Type

           6.1.1 Uninterruptable Power Supply

           6.1.2 Generators

           6.1.3 Others

    6.2 Cooling Market, By Type

           6.2.1 Air Conditioning

           6.2.2 Chilling Units

           6.2.3 Cooling Towers

           6.2.4 Liquid Cooling Systems

           6.2.5 Others

7 Critical Power and Cooling Market, By End-Use

    7.1 Critical Power Market, By End-Use

           7.1.1 Industrial

           7.1.2 Commercial

           7.1.3 IT & Telecommunication

           7.1.4 Government & Defense

           7.1.5 Transportation

    7.2 Cooling Market, By Type

           7.2.1 Industrial

           7.2.2 Commercial

           7.2.3 IT & Telecommunication

           7.2.4 Transportation

           7.2.5 Others

8 Critical Power and Cooling Market, By Region

    8.1 Introduction

    8.2 North America

           8.2.1 The U.S.

           8.2.2 Canada

    8.3 Europe

           8.3.1 Germany

           8.3.2 Russia

           8.3.3 The U.K.

           8.3.4 France

           8.3.5 The Rest of Europe

    8.4 Asia-Pacific

           8.4.1 China

           8.4.2 India

           8.4.3 Japan

           8.4.4 Australia

           8.4.5 The Rest of Asia-Pacific

    8.5 Middle East & Africa

           8.5.1 Saudi Arabia

           8.5.2 U.A.E.

           8.5.3 Algeria

           8.5.4 Kuwait

           8.5.5 The Rest of Middle East & Africa

    8.6 Latin America

           8.6.1 Argentina

           8.6.2 Brazil

           8.6.3 Venezuela

           8.6.4 Colombia

           8.6.5 The Rest of Latin America

9 Competitive Landscape

    9.1 Overview

    9.2 Market Ranking, for Critical Power, 2015

    9.3 Market Ranking, for Cooling, 2015

    9.4 Vendor Dive Matrix

    9.5 Competitive Situation & Trends

10 Company Profiles

     10.1 Schneider Electric

     10.2 ABB

     10.3 General Electric Company

     10.4 Eaton Corporation

     10.5 Delta Electronic, Inc.

     10.6 Critical Power

     10.7 Xiamen Kehua Hengsheng Co., Ltd.

     10.8 Socomec

     10.9 Falcon Electric, Inc.

     10.10 Daikin Industries, Ltd.

     10.11 Stulz GmbH

     10.12 Asetek A/S

     10.13 Vertiv Co.

     10.14 ICS Cool Energy Limited

     10.15 Piller Group GmbH

     10.16 Riello Elettronica Group

     10.17 Cyber Power Systems

     10.18 Ac Power Corp. (Preen)

     10.19 Connexa Energy

     10.20 Siemens AG

     10.21 SPX Corporation

     10.22 Johnson Controls, Inc.

     10.23 Nortek Air Solutions, LLC

     10.24 Rittal GmbH & Co. Kg

     10.25 Airedale International Air Conditioning, Ltd.

List of Tables
Table 1 Critical Power Market Size, By Type, 2014-2021 (USD Million)
Table 2 Uninterruptible Power Supply Market Size, By Region, 2014-2021 (USD Million)
Table 3 Generators Market Size, By Region, 2014-2021 (USD Million)
Table 4 Others Market Size, By Region, 2014-2021 (USD Million)
Table 5 Cooling Market Size, By Type, 2014-2021 (USD Million)
Table 6 Air Conditioning Market Size, By Region, 2014-2021 (USD Million)
Table 7 Chilling Units Market Size, By Region, 2014-2021 (USD Million)
Table 8 Cooling Towers Market Size, By Region, 2014-2021 (USD Million)
Table 9 Liquid Cooling Systems Market Size, By Region, 2014-2021 (USD Million)
Table 10 Others Market Size, By Region, 2014-2021 (USD Million)
Table 11 Critical Power Market Size, By End-Use, 2014-2021 (USD Million)
Table 12 Industrial Critical Power Market Size, By Region, 2014-2021 (USD Million)
Table 13 Commercial Critical Power Market Size, By Region, 2014-2021 (USD Million)
Table 14 IT & Telecommunication Critical Power Market Size, By Region, 2014-2021 (USD Million)
Table 15 Government & Defense Critical Power Market Size, By Region, 2014-2021 (USD Million)
Table 16 Transportation Critical Power Market Size, By Region, 2014-2021 (USD Million)
Table 17 Cooling Market Size, By End-Use, 2014-2021 (USD Million)
Table 18 Industrial Cooling Market Size, By Region, 2014-2021 (USD Million)
Table 19 Commercial Cooling Market Size, By Region, 2014-2021 (USD Million)
Table 20 IT & Telecommunication Cooling Market Size, By Region, 2014-2021 (USD Million)
Table 21 Transportation Cooling Market Size, By Region, 2014-2021 (USD Million)
Table 22 Others Cooling Market Size, By Region, 2014-2021 (USD Million)
Table 23 Critical Power and Cooling Market Size, By Region, 2014-2021 (USD Million)
Table 24 Critical Power Market Size, By Region, 2014-2021 (USD Million)
Table 25 Cooling Market Size, By Region, 2014-2021 (USD Million)
Table 26 North America: Critical Power and Cooling Market Size, By Country, 2014-2021 (USD Million)
Table 27 North America: Critical Power Market Size, By Country, 2014-2021 (USD Million)
Table 28 North America: Cooling Market Size, By Country, 2014-2021 (USD Million)
Table 29 North America: Critical Power Market Size, By Type, 2014-2021 (USD Million)
Table 30 North America: Cooling Market Size, By Type, 2014-2021 (USD Million)
Table 31 North America: Critical Power Market Size, By End-Use, 2014-2021 (USD Million)
Table 32 North America: Cooling Market Size, By End-Use, 2014-2021 (USD Million)
Table 33 Europe: Critical Power and Cooling Market Size, By Country, 2014-2021 (USD Million)
Table 34 Europe: Critical Power Market Size, By Country, 2014-2021 (USD Million)
Table 35 Europe: Cooling Market Size, By Country, 2014-2021 (USD Million)
Table 36 Europe: Critical Power Market Size, By Type, 2014-2021 (USD Million)
Table 37 Europe: Cooling Market Size, By Type, 2014-2021 (USD Million)
Table 38 Europe: Critical Power Market Size, By End-Use, 2014-2021 (USD Million)
Table 39 Europe: Cooling Market Size, By End-Use, 2014-2021 (USD Million)
Table 40 Asia-Pacific: Critical Power and Cooling Market Size, By Country, 2014-2021 (USD Million)
Table 41 Asia-Pacific: Critical Power Market Size, By Country, 2014-2021 (USD Million)
Table 42 Asia-Pacific: Cooling Market Size, By Country, 2014-2021 (USD Million)
Table 43 Asia-Pacific: Critical Power Market Size, By Type, 2014-2021 (USD Million)
Table 44 Asia-Pacific: Cooling Market Size, By Type, 2014-2021 (USD Million)
Table 45 Asia-Pacific: Critical Power Market Size, By End-Use, 2014-2021 (USD Million)
Table 46 Asia-Pacific: Cooling Market Size, By End-Use, 2014-2021 (USD Million)
Table 47 Middle East & Africa: Critical Power and Cooling Market Size, By Country, 2014-2021 (USD Million)
Table 48 Middle East & Africa: Critical Power Market Size, By Country, 2014-2021 (USD Million)
Table 49 Middle East & Africa: Cooling Market Size, By Country, 2014-2021 (USD Million)
Table 50 Middle East & Africa: Critical Power Market Size, By Type, 2014-2021 (USD Million)
Table 51 Middle East & Africa: Cooling Market Size, By Type, 2014-2021 (USD Million)
Table 52 Middle East & Africa: Critical Power Market Size, By End-Use, 2014-2021 (USD Million)
Table 53 Middle East & Africa: Cooling Market Size, By End-Use, 2014-2021 (USD Million)
Table 54 Latin America: Critical Power and Cooling Market Size, By Country, 2014-2021 (USD Million)
Table 55 Latin America: Critical Power Market Size, By Country, 2014-2021 (USD Million)
Table 56 Latin America: Cooling Market Size, By Country, 2014-2021 (USD Million)
Table 57 Latin America: Critical Power Market Size, By Type, 2014-2021 (USD Million)
Table 58 Latin America: Cooling Market Size, By Type, 2014-2021 (USD Million)
Table 59 Latin America: Critical Power Market Size, By End-Use, 2014-2021 (USD Million)
Table 60 Latin America: Cooling Market Size, By End-Use, 2014-2021 (USD Million)

List of Figures
Figure 1 Critical Power and Cooling Market: Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 North America Accounted for the Largest Market Share of the Critical Power Market in 2015
Figure 7 North America Accounted for the Largest Market Share of the Cooling Market in 2015
Figure 8 North America is Expected to Dominate the Critical Power Market By 2021 USD Million
Figure 9 North America is Expected to Dominate the Cooling Market By 2021
Figure 10 The Ups Segment is Expected to Dominate the Critical Power Market, 2016-2021
Figure 11 The Air Conditioning Segment is Expected to Dominate the Cooling Market, 2016-2021
Figure 12 The Commercial Segment is Expected to Lead the Critical Power Market, 2016-2021
Figure 13 The Commercial Segment is Expected to Lead the Cooling Market, 2016-2021
Figure 14 Rise in Digitalization and Cloud Computing Drives the Critical Power and Cooling Market Durng the Forecast Period
Figure 15 The Asia-Pacific Market is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 16 Asia-Pacific Region is Expected to Grow at the Fastest Rate During the Forecast Period
Figure 17 The Ups Segment is Expected to Dominate the Critical Power and Cooling Market By 2021
Figure 18 The Air Conditioning Segment is Expected to Dominate the Cooling Market By 2021
Figure 19 The Commercial Segment is Expected to Dominate the Critical Power and Cooling Market By 2021
Figure 20 Critical Power & Cooling Market: Market Segmentation
Figure 21 Critical Power & Cooling Market, By Type
Figure 22 Critical Power Market, By End-Use
Figure 23 Cooling Market, By End-Use
Figure 24 Critical Power & Cooling Market, By Region
Figure 25 Market Dynamics: Critical Power & Cooling Market
Figure 26 Electrification Rate vs Population in Africa
Figure 27 Urbanization Trend
Figure 28 Critical Power & Cooling Market: Supply Chain
Figure 29 The Ups Segment is Expected to Dominate the Market During the Forecast Period
Figure 30 The Air Conditioning Segment is Expected to Dominate the Market During the Forecast Period
Figure 31 Critical Power and Cooling Market, By Region, 2015
Figure 32 Regional Snapshot (2015): North America is the Largest Market for Critical Power and Cooling Market
Figure 33 Asia-Pacific: the Fastest Growing Critical Power and Cooling Market, 2016-2021
Figure 34 North America: Critical Power and Cooling Market Overview
Figure 35 Europe: Critical Power and Cooling Market Overview
Figure 36 Companies Adopted New Product & Technology Launches as the Key Growth Strategy, 2014-2017
Figure 37 Market Ranking, for Critical Power, 2015
Figure 38 Market Ranking, for Cooling, 2015
Figure 39 Critical Power and Cooling Market: Vendor Dive Matrix
Figure 40 Product Offering Comparison
Figure 41 Business Strategy Comparison
Figure 42 Market Evaluation Framework, 2014-2017
Figure 43 Battle for Market Share (2014-2017): Contracts & Agreements Was the Key Strategy
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FEATURED COMPANIES

  • ABB
  • Connexa Energy
  • Daikin Industries, Ltd.
  • Falcon Electric, Inc.
  • Johnson Controls, Inc.
  • Riello Elettronica Group
  • MORE

The critical power and cooling market is projected to grow at a CAGR of 8.88%, from 2016 to 2021, to reach USD 25.80 Billion by 2021. A rise in digitalization and cloud computing leading to an increase in demand for data centers, increasing demand for improved cooling efficiency in data centers, a need to reduce anomalies in power supply, and regulations and initiatives by institutes and associations are the major factors driving the market.

The report segments the critical power market, by type, into UPS, generators, and others (converters, inverters, transfer switches, power transfer switching, breaker transfer pairs, generator paralleling breakers, and switch transfer pairs). The cooling solutions market has been segmented, by type, into air conditioning, chilling units, cooling towers, liquid cooling systems, and others (economizer systems, control systems, pumping units, humidifiers, and air coolers).

The report segments the critical power market, by end-user, into industrial, commercial, IT and telecommunication, government and defense, and transportation. The end-users of the cooling solutions market include industrial, commercial, IT and telecommunication, transportation, and others (government buildings and military applications).

The commercial segment holds the largest market share of the critical power and cooling market, by end-user. The critical power market, by type, is dominated by the UPS segment, while the air conditioning segment leads the cooling market, by type.

The global banking and financial sector is expanding on a large scale with the advent of IT. However, unplanned downtime and IT failure may affect ongoing transactions. Installation of data centers with efficient and reliable power solutions can overcome such failures. This increases the demand for critical power and cooling in the BFSI sector.

Air conditioning units are widely used at data center facilities. They provide precision air conditioning and maintain the equipment at ideal operating temperatures. Thus, the increasing number of data centers is expected to boost the critical power and cooling market, during the forecast period.

In this report, the critical power and cooling market has been segmented into the following regions, North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is currently the largest market for critical power and cooling, and the Asia-Pacific market is projected to grow at the highest CAGR, during the forecast period. The U.S. accounted for the majority share in North America in 2016. The increasing number of data centers and data processing power and increasing demand for information storage are factors driving the market in the U.S. and Canada. The figure given below shows the regional scenario of the critical power and cooling market from 2016 to 2021.

High investment costs and environmental and health hazards are key restraints for the growth of the critical power and cooling market.

Some of the leading players in the critical power and cooling market include Schneider Electric (France), ABB, Ltd. (Switzerland), General Electric (U.S.), Eaton Corporation (Ireland), Delta Electronics, Inc. (Taiwan), Critical Power Xiamen Kehua Hengsheng, Co. (China), Socomec (France), Falcon Electric, Inc. (U.S.), Daikin Industries, Ltd. (Japan), STULZ GmbH (Germany), Asetek A/S (Denmark), Vertiv, Co. (U.S.), ICS Cool Energy (U.K.), Piller Group GmbH (Germany), Riello Elettronica Group (Italy), Cyber Power Systems (U.S.), AC Power Corp. (PREEN) (Taiwan), Connexa Energy (U.S.), Siemens AG (Germany), SPX Corporation (U.S.), Johnson Controls, Inc. (U.S.), Nortek Air Solutions, LLC (U.S.), Rittal GmbH & Co. KG (Germany), and Airedale International Air Conditioning, Ltd. (U.K.), among others. New product launches was the most common strategy adopted by the top players in the market, constituting more than one-third of the total development share. The other common strategies employed were contracts & agreements, partnerships and joint ventures, expansions, and mergers & acquisitions, respectively.

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  • ABB
  • AC Power Corp. (Preen)
  • Airedale International Air Conditioning, Ltd.
  • Asetek A/S
  • Connexa Energy
  • Critical Power
  • Cyber Power Systems
  • Daikin Industries, Ltd.
  • Delta Electronic, Inc.
  • Eaton Corporation
  • Falcon Electric, Inc.
  • General Electric Company
  • ICS Cool Energy Limited
  • Johnson Controls, Inc.
  • Nortek Air Solutions, LLC
  • Piller Group GmbH
  • Riello Elettronica Group
  • Rittal GmbH & Co. Kg
  • Schneider Electric
  • Siemens AG
  • Socomec
  • SPX Corporation
  • Stulz GmbH
  • Vertiv Co.
  • Xiamen Kehua Hengsheng Co., Ltd.
Note: Product cover images may vary from those shown
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