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Asia Pacific Data Center Cooling Market - Industry Outlook & Forecast 2022-2027

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  • 245 Pages
  • January 2023
  • Region: Asia Pacific
  • Arizton
  • ID: 5714640
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The Asia Pacific data center cooling market is expected to grow at a CAGR of 6.80% during 2022-2027. Operators are also trying new and innovative methods to ensure that cooling the facility can be done via alternate methods to reduce the PUE of the facilities. Challenges such as increased water consumption and heightened power usage due to higher rack capacity will raise the demand for alternative and efficient cooling systems in the APAC data center cooling market during the forecast period.

The Asia Pacific data center cooling market is driven by the adoption of the 5G technologies advanced technologies such as IoT, big data, AL & ML, and digitalization. The facilities in the region have started adopting liquid immersion cooling technologies. For instance, OneAsia announced to launch first liquid immersion cooling system in its Hong Kong data centers. Further, free cooling techniques will continue to dominate the market for evaporative coolers, free cooling chillers, air-side economizers, and water-side economizers in Japan, Australia, New Zealand, South Korea, and Northern China.


  • The growth of hyperscale facilities in the region, such as Oracle, Microsoft, Amazon Web Services, Google, IBM, and Tencent, has increased. These hyperscale facilities require efficient and sustainable cooling systems.
  • Many modern facilities are built in both high-density and low-density environments. High-density environments can support a rack power density of up to 20 kW and even more through liquid immersion and direct-to-chip cooling.
  • Overheating processors, peripherals, or other components can cause system failure and data loss. Therefore, it is necessary to incorporate efficient cooling systems in data centers.
  • Regarding adoption, CRAC and CRAH units dominate with a 35% share of the overall market for cooling systems in the APAC data center cooling market.
  • Due to the tropical climate in Southeast Asian countries, most facilities are adopting liquid-based cooling technologies. For instance, ST Telemedia Global Data Centres has installed a chilled water plant with cooling towers with the redundancy of N+1 in its Loyang facility.
  • Facilities have cooling standards that determine the design, adoption, and operation of the cooling systems and equipment used. ASHRAE provides standards as well as recommendations for the installation of cooling systems.

The Adoption Of Innovative Cooling Systems Will Drive The APAC Data Center Cooling Market

  • The district heating concept can also partially apply to South Korea, Japan, parts of China, Australia, and New Zealand. In addition, the Infocommunications Development Authority of Singapore (IDA) started conducting trials to operate facilities at 100°F.
  • In January 2022, Highlander signed an agreement to develop a commercial underwater facility in Hainan Island, China, which aims to reduce the cost of cooling and carbon emission.
  • In Japan, some data centers use snow to cool the facility; for instance, DataDock uses the snow to cool the servers in the data center facility in Nagaoka.
Growth In Data Centers Targeting PUE Less Than 1.5
  • According to a report by Uptime Institute, the APAC region shows a relatively higher PUE of 1.68, which is higher than the global average of 1.59 PUE.
  • In APAC, data centers target a PUE level of less than 1.5 by increasing the adoption of automated cooling systems or hybrid solutions that will include free cooling and other cooling systems.
  • Huawei Technologies has taken the initiative to adapt the liquid cooling and liquid immersion cooling techniques in the facilities to maintain the Power Usage effectiveness in the data centers.
  • NEXTDC operates its facilities in Australia at the PUE levels of between 1.15 - 1.3.

AI Is Being Used In Cooling Systems In Data Centers

  • Vendors and operators continuously provide solutions that help automate facility cooling processes.
  • In Malaysia, Regal Orion invested in a data center (Shinsei) designed with a data hall that supports Green Data Center’s Submersify’s fluid submersion data center solution.
  • As per Green Revolution Cooling, the Total Cost of Ownership (TCO) of a 3.5 MW facility used for AI workloads can be reduced by 40−45% over ten years with liquid immersion cooling.


  • Most countries in the APAC region do not support the use of free cooling systems. Operators in the region are still dependent on air-based cooling techniques. Tier III facilities use N+1 or N+N configuration redundancy of cooling systems. The monotony of CRAC and CRAH units is higher than that of other systems in the Asia Pacific data center cooling market.
  • The use of CRAC units is higher among facilities in the APAC region, and most use air-based cooling systems. CRAH units facilitate chilled-water cooling, making them suitable for medium to extensive facilities that use water for cooling purposes. Equinix SH3 facility has the cooling infrastructure of CRAC units and Water-cooled chillers with N+1 redundancy. The APAC data center cooling market by CRAC & CRAC Units was valued at $644.7 million in 2021.
  • The Asia Pacific data center cooling market by air-based cooling technique is growing at a CAGR of 7.30% during the forecast period. In recent years, the use of comfort cooling systems in facilities has dropped considerably due to the rising rack power density. Many facilities in the APAC region follow air-based cooling techniques. For instance, 90% of the data centers in India use air-based cooling techniques. Equinix Perth PE1 IBX data center facility is installed with CRAC Units powered by air-cooled chillers.

Segmentation by Cooling Infrastructure

  • Cooling Systems
  • Other Mechanical Infrastructure

Segmentation by Cooling System

  • CRAC & CRAH Units
  • Chiller Units
  • Cooling Towers
  • Condensers & Dry Coolers
  • Economizers & Evaporative Coolers
  • Other Cooling Units

Segmentation by Cooling Technique

  • Air-based Cooling Technique
  • Liquid-Based Cooling Technique
  • Water-Based Cooling Technique
  • Direct-To-Chip & Liquid Immersion Cooling Technique

Segmentation by Tier Standards

  • Tier I & Tier II
  • Tier III
  • Tier IV


China leads the Asia Pacific data center cooling market and is expected to grow at a CAGR of 5.07% during the forecast period. In China, investments are led by internet, cloud, and telecommunication service providers. Alibaba, China Unicom, China Telecom, Baidu, Tencent, and China Mobile are leading companies in the region. In China, smart cities are also being developed so that regional investments will rise. For instance, Alibaba, a cloud service provider, has developed a smart city in Hangzhou called City Brain. The smart city was designed to improve the economy, environment, and energy consumption and monitor traffic congestion. The use of AI has helped it reduce traffic by 15%. In China, most facilities are designed to cool servers using water-based cooling techniques. The growing construction of facilities will be one factor in developing multiple chillers, cooling towers, and CRAH units.

Segmentation by Geography

  • APAC
  • China
  • Hong Kong
  • India
  • Japan
  • Australia
  • New Zealand
  • South Korea
  • Taiwan
  • Rest Of APAC
  • Southeast Asia
  • Singapore
  • Indonesia
  • Malaysia
  • Thailand
  • Philippines
  • Vietnam
  • Other Southeast Asian Countries


  • These vendors collaborate with operators to provide reliable, innovative cooling solutions. For instance, data center innovative cooling service provider like Nautilus Data Technologies, which provide liquid emersion cooling, makes their presence in the Asia-Pacific data center cooling market by having their presence in the Philippines and Thailand markets.
  • Cooling systems vendors offer innovative solutions and tailoring products to reduce the PUE and increase efficiency. For instance, Huawei Technologies launched the iCooling@AI solution powered by AI and big data, which helps reduce the facilities' energy consumption and cuts down the PUE.

Key Vendors

  • Airedale by Modine
  • Rittal
  • Schneider Electric
  • Vertiv

Other Prominent Vendors

  • 3M
  • Airsys
  • Asetek
  • Aermec
  • Austin Hughes Electronics
  • Black Box Network Services
  • Carrier
  • Citec International
  • ClimateWorx
  • Cooler Master Technology
  • Condair Group
  • Climaveneta Climate Technologies (Mitsubishi Electric)
  • Colt International
  • CoolIT Systems
  • DAIKIN APPLIED (Daikin Industries)
  • Degree Controls (Nova Instruments)
  • Delta Group
  • ebm-papst
  • EcoCooling
  • Envicool
  • FläktGroup
  • Fuji Electric
  • Green Revolution Cooling (GRC)
  • Huawei Technologies
  • Iceotope
  • Johnson Controls
  • Kelvion Holding
  • KyotoCooling
  • LiquidStack
  • Lennox International
  • Liquid Cool Solutions
  • Legrand
  • Motivair
  • Munters
  • Nortek Air Solutions
  • nVent
  • Prasa Infocom & Power Solutions (Prasa)
  • Quantech (Renovo Zhuhai)
  • Shanghai Shenglin M&E Technology
  • Siemens
  • SPX Cooling Technologies
  • Stellar Energy
  • Submer
  • Swegon Group
  • SWEP International
  • Systecon
  • Trane (Ingersoll Rand)
  • Upsite Technologies
  • USystems
  • Wakefield-Vette


1. How big is the APAC data center cooling market?
2. What is the growth rate of the Asia Pacific data center cooling market?
3. Who are the key players in the Asia-Pacific data center cooling market?
4. What is the expected Asia Pacific data center cooling market size by 2027?
5. What are the significant trends in the Asia-Pacific data center cooling market?
Frequently Asked Questions about the Asian Pacific Data Center Cooling Market

What is the estimated value of the Asian Pacific Data Center Cooling Market?

The Asian Pacific Data Center Cooling Market was estimated to be valued at $2275.7 Million in 2021.

What is the growth rate of the Asian Pacific Data Center Cooling Market?

The growth rate of the Asian Pacific Data Center Cooling Market is 6.8%, with an estimated value of $3377.4 Million by 2027.

What is the forecasted size of the Asian Pacific Data Center Cooling Market?

The Asian Pacific Data Center Cooling Market is estimated to be worth $3377.4 Million by 2027.

Who are the key companies in the Asian Pacific Data Center Cooling Market?

Key companies in the Asian Pacific Data Center Cooling Market include Airedale by Modine, Rittal, Schneider Electric, STULZ, Vertiv, 3M, 4ENERGY, Airsys and Asetek.

Table of Contents

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of the Study
4.4 Market Segments
4.4.1 Market Segmentation by Cooling Infrastructure
4.4.2 Market Segmentation by Cooling Systems
4.4.3 Market Segmentation by Cooling Technique
4.4.4 Market Segmentation by Tier Standards
4.4.5 Market Segmentation by Geography

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Premium Insights

7 Market at a Glance

8 Introduction
8.1 Data Center Standards Related to Cooling
8.2 Data Center Cooling Systems

9 Market Opportunities & Trends
9.1 Higher Deployment of 5G & Edge Data Centers
9.2 Growing Adoption of Ai & Ml Workloads
9.3 Rise in Rack Power Density of Data Centers
9.4 Innovative Technologies in Data Center

10 Market Enablers
10.1 Rise in Adoption of Cloud Services
10.2 Growing Adoption of Big Data and Iot
10.3 Data Center Targeting Pue of < 1.5
10.4 Increase in Data Center Investments

11 Market Restraints
11.1 Increase in Power Consumption by Cooling Systems
11.2 Water Consumption by Data Centers

12 Market Landscape
12.1 Market Overview
12.2 Investment: Market Size & Forecast
12.3 Five Forces Analysis
12.3.1 Threat of New Entrants
12.3.2 Bargaining Power of Suppliers
12.3.3 Bargaining Power of Buyers
12.3.4 Threat of Substitutes
12.3.5 Competitive Rivalry

13 Mechanical Infrastructure
13.1 Market Snapshot & Growth Engine
13.2 Cooling Systems
13.2.1 Market Overview
13.2.2 Market Size & Forecast
13.3 Other Mechanical Infrastructure
13.3.1 Market Overview
13.3.2 Market Size & Forecast

14 Cooling Systems
14.1 Market Snapshot & Growth Engine
14.2 Crac & Crah
14.2.1 Market Overview
14.2.2 Market Size & Forecast
14.3 Chiller Units
14.3.1 Market Overview
14.3.2 Market Size & Forecast
14.4 Cooling Towers, Condensers, and Dry Coolers
14.4.1 Market Overview
14.4.2 Market Size & Forecast
14.5 Economizers and Evaporative Coolers
14.5.1 Market Overview
14.5.2 Market Size & Forecast
14.6 Other Cooling Units
14.6.1 Market Overview
14.6.2 Market Size & Forecast

15 Cooling Techniques
15.1 Market Snapshot & Growth Engine
15.2 Air-Based Cooling Technique
15.2.1 Market Overview
15.2.2 Market Size & Forecast
15.3 Liquid-Based Cooling Technique
15.3.1 Market Overview
15.3.2 Market Size & Forecast

16 Tier Standards
16.1 Market Snapshot & Growth Engine
16.2 Tier I & Tier Ii
16.2.1 Market Overview
16.2.2 Market Size & Forecast
16.3 Tier Iii
16.3.1 Market Overview
16.3.2 Market Size & Forecast
16.4 Tier Iv
16.4.1 Market Overview
16.4.2 Market Size & Forecast

17 Geography
17.1 Market Snapshot & Growth Engine
17.2 China
17.2.1 Market Snapshot & Growth Engine
17.2.2 Market Overview
17.2.3 Investment: Market Size & Forecast
17.2.4 Infrastructure: Market Size & Forecast
17.3 Hong Kong
17.3.1 Market Snapshot & Growth Engine
17.3.2 Market Overview
17.3.3 Investment: Market Size & Forecast
17.3.4 Infrastructure: Market Size & Forecast
17.4 Australia
17.4.1 Market Snapshot & Growth Engine
17.4.2 Market Overview
17.4.3 Investment: Market Size & Forecast
17.4.4 Infrastructure: Market Size & Forecast
17.5 New Zealand
17.5.1 Market Snapshot & Growth Engine
17.5.2 Market Overview
17.5.3 Investment: Market Size & Forecast
17.5.4 Infrastructure: Market Size & Forecast
17.6 India
17.6.1 Market Snapshot & Growth Engine
17.6.2 Market Overview
17.6.3 Investment: Market Size & Forecast
17.6.4 Infrastructure: Market Size & Forecast
17.7 Japan
17.7.1 Market Snapshot & Growth Engine
17.7.2 Market Overview
17.7.3 Investment: Market Size & Forecast
17.7.4 Infrastructure: Market Size & Forecast
17.8 Taiwan
17.8.1 Market Snapshot & Growth Engine
17.8.2 Market Overview
17.8.3 Investment: Market Size & Forecast
17.8.4 Infrastructure: Market Size & Forecast
17.9 South Korea
17.9.1 Market Snapshot & Growth Engine
17.9.2 Market Overview
17.9.3 Investment: Market Size & Forecast
17.9.4 Infrastructure: Market Size & Forecast
17.10 Rest of Apac
17.10.1 Market Snapshot & Growth Engine
17.10.2 Market Overview
17.10.3 Investment: Market Size & Forecast
17.10.4 Infrastructure: Market Size & Forecast

18 Southeast Asia
18.1 Market Snapshot & Growth Engine
18.2 Market Overview
18.3 Investment: Market Size & Forecast
18.4 Singapore
18.4.1 Market Snapshot & Growth Engine
18.4.2 Market Overview
18.4.3 Investment: Market Size & Forecast
18.4.4 Infrastructure: Market Size & Forecast
18.5 Indonesia
18.5.1 Market Snapshot & Growth Engine
18.5.2 Market Overview
18.5.3 Investment: Market Size & Forecast
18.5.4 Infrastructure: Market Size & Forecast
18.6 Malaysia
18.6.1 Market Snapshot & Growth Engine
18.6.2 Market Overview
18.6.3 Investment: Market Size & Forecast
18.6.4 Infrastructure: Market Size & Forecast
18.7 Thailand
18.7.1 Market Snapshot & Growth Engine
18.7.2 Market Overview
18.7.3 Investment: Market Size & Forecast
18.7.4 Infrastructure: Market Size & Forecast
18.8 Philippines
18.8.1 Market Snapshot & Growth Engine
18.8.2 Market Overview
18.8.3 Investment: Market Size & Forecast
18.8.4 Infrastructure: Market Size & Forecast
18.9 Vietnam
18.9.1 Market Snapshot & Growth Engine
18.9.2 Market Overview
18.9.3 Investment: Market Size & Forecast
18.9.4 Infrastructure: Market Size & Forecast
18.10 Other Southeast Asian Countries
18.10.1 Market Snapshot & Growth Engine
18.10.2 Market Overview
18.10.3 Investment: Market Size & Forecast
18.10.4 Infrastructure: Market Size & Forecast

19 Competitive Landscape
19.1 Competition Overview

20 Key Vendors
20.1 Airedale
20.1.1 Business Overview
20.1.2 Product Offerings
20.2 Rittal
20.2.1 Business Overview
20.2.2 Product Offerings
20.3 Schneider Electric
20.3.1 Business Overview
20.3.2 Product Offerings
20.4 Stulz
20.4.1 Business Overview
20.4.2 Product Offerings
20.5 Vertiv
20.5.1 Business Overview
20.5.2 Product Offerings

21 Other Prominent Vendors
21.1 3M
21.1.1 Business Overview
21.1.2 Product Offerings
21.2 4Energy
21.2.1 Business Overview
21.2.2 Product Offerings
21.3 Airsys
21.3.1 Business Overview
21.3.2 Product Offerings
21.4 Alfa Laval
21.4.1 Business Overview
21.4.2 Product Offerings
21.5 Asetek
21.5.1 Business Overview
21.5.2 Product Offerings
21.6 Aermec
21.6.1 Business Overview
21.6.2 Product Offerings
21.7 Austin Hughes Electronics
21.7.1 Business Overview
21.7.2 Product Offerings
21.8 Black Box Network Services
21.8.1 Business Overview
21.8.2 Product Offerings
21.9 Carrier
21.9.1 Business Overview
21.9.2 Product Offerings
21.10 Citec International
21.10.1 Business Overview
21.10.2 Product Offerings
21.11 Climateworx
21.11.1 Business Overview
21.11.2 Product Offerings
21.12 Cooler Master Technology
21.12.1 Business Overview
21.12.2 Product Offerings
21.13 Condair Group
21.13.1 Business Overview
21.13.2 Product Offerings
21.14 Climaveneta Climate Technologies (Mitsubishi Electric)
21.14.1 Business Overview
21.14.2 Product Offerings
21.15 Colt International
21.15.1 Business Overview
21.15.2 Product Offerings
21.16 Coolit Systems
21.16.1 Business Overview
21.16.2 Product Offerings
21.17 Conteg
21.17.1 Business Overview
21.17.2 Product Offerings
21.18 Daikin Applied (Daikin Industries)
21.18.1 Business Overview
21.18.2 Product Offerings
21.19 Data Aire
21.19.1 Business Overview
21.19.2 Product Offerings
21.20 Degree Controls (Nova Instruments)
21.20.1 Business Overview
21.20.2 Product Offerings
21.21 Delta Group
21.21.1 Business Overview
21.21.2 Product Offerings
21.22 Ebm-Papst
21.22.1 Business Overview
21.22.2 Product Offerings
21.23 Ecocooling
21.23.1 Business Overview
21.23.2 Product Offerings
21.24 Envicool
21.24.1 Business Overview
21.24.2 Product Offerings
21.25 Fläktgroup
21.25.1 Business Overview
21.25.2 Product Offerings
21.26 Fuji Electric
21.26.1 Business Overview
21.26.2 Product Offerings
21.27 Fujitsu
21.27.1 Business Overview
21.27.2 Product Offerings
21.28 Green Revolution Cooling (Grc)
21.28.1 Business Overview
21.28.2 Product Offerings
21.29 Huawei Technologies
21.29.1 Business Overview
21.29.2 Product Offerings
21.30 Iceotope
21.30.1 Business Overview
21.30.2 Product Offerings
21.31 Johnson Controls
21.31.1 Business Overview
21.31.2 Product Offerings
21.32 Kelvion Holding
21.32.1 Business Overview
21.32.2 Product Offerings
21.33 Kyotocooling
21.33.1 Business Overview
21.33.2 Product Offerings
21.34 Liquidstack
21.34.1 Business Overview
21.34.2 Product Offerings
21.35 Lennox International
21.35.1 Business Overview
21.35.2 Product Offerings
21.36 Liquidcool Solutions
21.36.1 Business Overview
21.36.2 Product Offerings
21.37 Legrand
21.37.1 Business Overview
21.37.2 Product Offerings
21.38 Motivair
21.38.1 Business Overview
21.38.2 Product Offerings
21.39 Munters
21.39.1 Business Overview
21.39.2 Product Offerings
21.40 Nortek Air Solutions
21.40.1 Business Overview
21.40.2 Product Offerings
21.41 Nvent
21.41.1 Business Overview
21.41.2 Product Offerings
21.41.3 Key News
21.42 Prasa Infocom & Power Solutions (Prasa)
21.42.1 Business Overview
21.42.2 Product Offerings
21.43 Quantech (Renovo Zhuhai)
21.43.1 Business Overview
21.43.2 Product Offerings
21.44 Shanghai Shenglin M&E Technology
21.44.1 Business Overview
21.44.2 Product Offerings
21.45 Siemens
21.45.1 Business Overview
21.45.2 Product Offerings
21.46 Spx Cooling Technologies
21.46.1 Business Overview
21.46.2 Product Offerings
21.47 Stellar Energy
21.47.1 Business Overview
21.47.2 Product Offerings
21.48 Submer
21.48.1 Business Overview
21.48.2 Product Offerings
21.49 Swegon Group
21.49.1 Business Overview
21.49.2 Product Offerings
21.50 Swep International
21.50.1 Business Overview
21.50.2 Product Offerings
21.51 Systecon
21.51.1 Business Overview
21.51.2 Product Offerings
21.52 Trane (Ingersoll Rand)
21.52.1 Business Overview
21.52.2 Product Offerings
21.53 Upsite Technologies
21.53.1 Business Overview
21.53.2 Product Offerings
21.54 Usystems
21.54.1 Business Overview
21.54.2 Product Offerings
21.55 Wakefield-Vette
21.55.1 Business Overview
21.55.2 Product Offerings

22 Report Summary
22.1 Key Takeaways

23 Quantitative Summary
23.1 Overall Market
23.1.1 Infrastructure: Market Size & Forecast
23.1.2 Cooling Systems: Market Size & Forecast
23.1.3 Cooling Technique: Market Size & Forecast
23.1.4 Tier Standards: Market Size & Forecast
23.2 China
23.2.1 China Data Center Cooling Market
23.2.2 China: Market by Cooling Systems
23.3 Hong Kong
23.3.1 Hong Kong Data Center Cooling Market
23.3.2 Hong Kong: Market by Cooling Systems
23.4 Australia
23.4.1 Australia Data Center Cooling Market
23.4.2 Australia: Market by Cooling Systems
23.5 New Zealand
23.5.1 New Zealand Data Center Cooling Market
23.5.2 New Zealand: Market by Cooling Systems
23.6 India
23.6.1 India Data Center Cooling Market
23.6.2 India: Market by Cooling Systems
23.7 Japan
23.7.1 Japan Data Center Cooling Market
23.7.2 Japan: Market by Cooling Systems
23.8 Taiwan
23.8.1 Taiwan Data Center Cooling Market
23.8.2 Taiwan: Market by Cooling Systems
23.9 South Korea
23.9.1 South Korea Data Center Cooling Market
23.9.2 South Korea: Market by Cooling Systems
23.10 Rest of Apac
23.10.1 Rest of APAC Data Center Cooling Market
23.10.2 Rest of Apac: Market by Cooling Systems
23.11 Southeast Asia
23.11.1 Southeast Asia Data Center Cooling Market
23.11.2 Southeast Asia: Market by Cooling Systems
23.12 Singapore
23.12.1 Singapore Data Center Cooling Market
23.12.2 Singapore: Market by Cooling Systems
23.13 Indonesia
23.13.1 Indonesia Data Center Cooling Market
23.13.2 Indonesia: Market by Cooling Systems
23.14 Malaysia
23.14.1 Malaysia Data Center Cooling Market
23.14.2 Malaysia: Market by Cooling Systems
23.15 Thailand
23.15.1 Thailand Data Center Cooling Market
23.15.2 Thailand: Market by Cooling Systems
23.16 Philippines
23.16.1 Philippines Data Center Cooling Market
23.16.2 Philippines: Market by Cooling Systems
23.17 Vietnam
23.17.1 Vietnam Data Center Cooling Market
23.17.2 Vietnam: Market by Cooling Systems
23.18 Other Southeast Asian Countries
23.18.1 Other Southeast Asian Countries Data Center Cooling Market
23.18.2 Other Southeast Asian Countries: Market by Cooling Systems

24 Appendix
24.1 Abbreviations

Companies Mentioned

  • Airedale by Modine
  • Rittal
  • Schneider Electric
  • Vertiv
  • 3M
  • Airsys
  • Asetek
  • Aermec
  • Austin Hughes Electronics
  • Black Box Network Services
  • Carrier
  • Citec International
  • ClimateWorx
  • Cooler Master Technology
  • Condair Group
  • Climaveneta Climate Technologies (Mitsubishi Electric)
  • Colt International
  • CoolIT Systems
  • DAIKIN APPLIED (Daikin Industries)
  • Degree Controls (Nova Instruments)
  • Delta Group
  • ebm-papst
  • EcoCooling
  • Envicool
  • FläktGroup
  • Fuji Electric
  • Green Revolution Cooling (GRC)
  • Huawei Technologies
  • Iceotope
  • Johnson Controls
  • Kelvion Holding
  • KyotoCooling
  • LiquidStack
  • Lennox International
  • Liquid Cool Solutions
  • Legrand
  • Motivair
  • Munters
  • Nortek Air Solutions
  • nVent
  • Prasa Infocom & Power Solutions (Prasa)
  • Quantech (Renovo Zhuhai)
  • Shanghai Shenglin M&E Technology
  • Siemens
  • SPX Cooling Technologies
  • Stellar Energy
  • Submer
  • Swegon Group
  • SWEP International
  • Systecon
  • Trane (Ingersoll Rand)
  • Upsite Technologies
  • USystems
  • Wakefield-Vette


Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.

Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.