Critical Power and Cooling

Global Critical Power and Cooling Market to Reach US$54.8 Billion by 2030

The global market for Critical Power and Cooling estimated at US$35.0 Billion in the year 2024, is expected to reach US$54.8 Billion by 2030, growing at a CAGR of 7.8% over the analysis period 2024-2030. UPS, one of the segments analyzed in the report, is expected to record a 8.4% CAGR and reach US$23.6 Billion by the end of the analysis period. Growth in the Genset segment is estimated at 7.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$9.0 Billion While China is Forecast to Grow at 11.6% CAGR

The Critical Power and Cooling market in the U.S. is estimated at US$9.0 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$13.7 Billion by the year 2030 trailing a CAGR of 11.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 3.9% and 6.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.

Global Critical Power and Cooling Market - Key Trends and Drivers Summarized

Navigating the Currents: How Are Critical Power and Cooling Systems Pivotal to Modern Infrastructure?

Critical power and cooling systems are essential components in safeguarding sensitive electronic equipment and maintaining operational continuity in data centers, healthcare facilities, and industrial environments. These systems ensure that in the event of power outages or fluctuations, the essential services and operations continue without interruption, thereby preventing data loss, equipment damage, and operational downtime. Cooling systems play a crucial role in managing the heat generated by continuous operations, particularly in data centers where overheating can lead to hardware failures. The integration of smart technology with these systems allows for real-time monitoring and automated adjustments, enhancing energy efficiency and reducing the risk of failure.

What Technological Advances Are Shaping Critical Power and Cooling Solutions?

The evolution of critical power and cooling technologies has been marked by an increased emphasis on sustainability and energy efficiency. Innovations such as uninterruptible power supplies (UPS) that offer better power factor correction, scalable modular systems, and advanced battery technologies like lithium-ion are becoming standard. In cooling technologies, advances include the use of environmentally friendly refrigerants, free cooling techniques, and advanced heat exchangers that significantly reduce energy consumption. Additionally, the implementation of IoT and AI for predictive maintenance and operation optimization further enhances the reliability and efficiency of these critical systems.

What Challenges Do Critical Power and Cooling Systems Face?

Despite their importance, the deployment and maintenance of critical power and cooling systems face several challenges. The initial installation and ongoing maintenance costs can be substantial, particularly for high-end systems that promise redundancy and high availability. Moreover, as technology advances, older systems may struggle to meet the increasing power and cooling demands of new equipment, necessitating costly upgrades or replacements. There is also the challenge of integrating these systems into existing infrastructures without disrupting ongoing operations, a task that requires careful planning and execution.

What Drives the Growth in the Critical Power and Cooling Market?

The growth in the critical power and cooling market is driven by several factors. The expanding global data center sector, driven by an insatiable demand for data processing and storage, is a primary driver. Additionally, the growing prevalence of digital healthcare systems, smart manufacturing, and other technology-driven industries necessitates reliable critical power and cooling solutions to ensure uninterrupted operation. Environmental concerns and energy consumption regulations also push for more efficient and sustainable systems, fostering continuous innovation in this field. As businesses and services become ever more reliant on digital infrastructures, the market for critical power and cooling solutions is expected to see robust growth.

SCOPE OF STUDY:

The report analyzes the Critical Power and Cooling market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Critical Power Type (UPS, Genset, Other Critical Power Types); Cooling Solution by Type (Air Conditioning, Chiller, Cooling Tower, Liquid Cooling System); End-Use (Commercial, Industrial, IT & Telecom, Transportation, Other End-Uses)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 216 Featured) -

• ABB Group
• AC Power Corp. (Preen)
• Airedale International Air Conditioning Ltd.
• Asetek A/S
• Connexa Energy
• Critical Power Products & Services, LLC
• Cyber Power Systems (USA), Inc.
• Daikin Industries Ltd.
• Delta Electronics, 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 SA
• Siemens AG
• Socomec Group
• SPX Corporation
• Stulz
• Vertiv Company
• Xiamen Kehua Hengsheng Co., Ltd.

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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