Dublin, Oct. 04, 2024 (GLOBE NEWSWIRE) — The “India Data Centre Cooling Market, By Region, Competition, Forecast and Opportunities 2020-2030F” report has been added to ResearchAndMarkets.com’s offering.
The India Data Centre Cooling Market was valued at USD 2.1 billion in 2024, and is expected to reach USD 7.13 billion by 2030, rising at a CAGR of 22.40%. India’ data center cooling market is experiencing robust growth, driven by the surge in data center infrastructure expansion and the escalating demand for efficient cooling solutions.
As digital transformation accelerates across various sectors, including IT, telecom, and finance, the need to manage heat generated by increasingly powerful servers and equipment has become critical. Efficient cooling systems are essential to maintaining optimal performance, reducing energy consumption, and ensuring the reliability of data centers.
The market is characterized by the adoption of advanced cooling technologies, such as liquid cooling, immersion cooling, and high-efficiency air cooling systems, which offer enhanced thermal management and energy efficiency. Additionally, regulatory pressures for energy conservation and sustainable practices are pushing data center operators to invest in innovative cooling solutions that align with environmental standards.
The growing prevalence of cloud computing, big data analytics, and the Internet of Things (IoT) further fuels the demand for scalable and reliable cooling systems. Key players in the market are focusing on technological advancements and strategic partnerships to address the evolving needs of data center operators and to capture a significant share of this expanding market.
Key Market Drivers
- Rapid Data Center Expansion
- Rising Energy Efficiency Regulations
- Growing Demand for Cloud Computing and Big Data
- Increased Focus on Sustainability and Green Data Centers
Key Market Challenges
- High Initial Capital Investment
- Complexity of Integration with Existing Infrastructure
- Maintenance and Operational Complexity
- Environmental and Regulatory Compliance
Key Market Trends
- Growing Adoption of Liquid Cooling Systems
- Increased Focus on Energy Efficiency and Sustainability
- Emergence of Edge Computing and Its Cooling Implications
- Integration of AI and IoT in Cooling Management
- Adoption of Modular and Scalable Cooling Solutions
Regional Insights
The Western region of India emerged as the dominant in the data center cooling market and is expected to retain its leading position throughout the forecast period. This dominance is primarily attributed to the presence of major commercial hubs and technology centers in cities like Mumbai, Pune, and Ahmedabad, which are pivotal in driving data center infrastructure growth. The Western region’s economic vitality, coupled with its robust IT and telecommunications sector, creates a high demand for data centers equipped with advanced cooling systems to manage the substantial thermal loads associated with high-density computing and extensive data processing operations.
The region’s strategic importance as a financial and technological powerhouse attracts significant investments from both domestic and international data center operators, further bolstering the demand for sophisticated cooling solutions. Western region’s well-developed infrastructure, including reliable power supplies and connectivity, supports the efficient operation of large-scale data centers, reinforcing its position as a market leader.
While other regions, such as the Northern and Southern regions, also contribute to the overall market, their data center cooling needs are relatively less pronounced compared to the Western region. The Northern region, with key cities like Delhi and Noida, and the Southern region, with prominent centers like Bangalore and Hyderabad, are experiencing growth in data center establishments, but they do not match the scale and intensity seen in the Western region. As data center expansion continues and the demand for high-performance computing and cloud services increases, the Western region’s strategic advantages and concentration of major technology and business operations are expected to sustain its dominance in the India data center cooling market, driving ongoing investment and development in advanced cooling technologies.
Recent Developments:
- In March 2023, STULZ, a Hamburg-based leader in mission-critical air conditioning solutions, announced that its CyberAir 3PRO DX series units now support the low-global-warming-potential (GWP) refrigerant R513A. This advancement highlights STULZ’s commitment to sustainability by incorporating eco-friendly refrigerants across its product range.
- In June 2024, Perstorp, a prominent global specialty chemicals company under PETRONAS Chemicals Group Berhad (PCG), partnered with Intel’s Open IP Advanced Liquid Cooling team to develop an advanced synthetic thermal management fluid designed for immersion cooling in data centers. Intel’s SuperFluid technology, which utilizes air as a lubricant, significantly enhances cooling capacity from the traditional 500 W per chip to an impressive 800 W.
- In January 2024, Modine, a leading provider of thermal management solutions, acquired the intellectual property and select assets of TMG Core, a specialist in liquid immersion cooling technology. This acquisition strengthens Modine’s position in the data center sector, particularly for high-density computing applications such as generative AI, 5G, and machine learning, as noted by Modine’s President and CEO, Neil Brinker.
Key market players profiled in the report:
- Vertiv Holdings Co.
- Stulz GmbH
- Schneider Electric SE
- Alfa Laval India Private Limited
- Kirloskar Chillers Private Limited
- Johnson Controls International PLC
- Mitsubishi Electric Corporation
- Eaton Corporation PLC
- Rittal India Pvt. Ltd.
- Hitachi Energy Ltd.
Report Scope
In this report, the India Data Centre Cooling Market has been segmented into the following categories:
Cooling Technology:
- Air-Based Cooling
- Liquid-Based Cooling
Type of Data Center:
- Hyperscaler
- Enterprise
- Colocation
End-user Industry:
- IT & Telecom
- Retail & Consumer Goods
- Healthcare
- Media & Entertainment
- Federal & Institutional Agencies
- Other
Region:
- North India
- South India
- West India
- East India
Key Attributes
| Report Attribute | Details |
| No. of Pages | 86 |
| Forecast Period | 2024-2030 |
| Estimated Market Value (USD) in 2024 | $2.1 Billion |
| Forecasted Market Value (USD) by 2030 | $7.13 Billion |
| Compound Annual Growth Rate | 22.4% |
| Regions Covered | India |
For more information about this report visit https://www.researchandmarkets.com/r/pn5pfc
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- Indian Data Centre Cooling Market
