The India Data Center Cooling Market size is estimated at USD 1.93 billion in 2024, and is expected to reach USD 6.74 billion by 2030, growing at a CAGR of 23.21% during the forecast period (2024-2030).
The Indian data center cooling market is moderately competitive and has gained a competitive edge in recent years. In terms of market share, a few major players, including Stulz GmbH, Schneider Electric SE, Vertiv Group Corp., Rittal GmbH & Co. KG, and Iceotope Technologies Limited, currently dominate the market.
In March 2023, STULZ, a Hamburg-based company specializing in mission-critical air conditioning, made a significant announcement regarding its industry-leading CyberAir 3PRO DX series. The company revealed that certain units within this series were compatible with the low-global-warming-potential (GWP) refrigerant R513A. This groundbreaking development underscored STULZ's unwavering commitment to delivering the most sustainable air conditioning solutions for data centers. The company also implemented additional product transitions across its portfolio to further incorporate the use of the R513A refrigerant.
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