The New Zealand data center rack market reached a value of USD 40.1 million in the previous year, and it is further projected to register a CAGR of 10.6% during the forecast period.
The New Zealand Data Center Cooling Market is moderately competitive but has gained a notable competitive advantage in recent years. Currently, a handful of major players, including Stulz GmbH, Schneider Electric SE, Vertiv Group Corp., Rittal GmbH & Co. KG, and Mitsubishi Electric Hydronics & IT Cooling Systems SpA, hold a significant market share.
In March 2023, STULZ, a Hamburg-based company specializing in mission-critical air conditioning solutions, announced a significant milestone within its industry-leading CyberAir 3PRO DX series. Certain units within this series are now equipped to utilize the low-global warming potential refrigerant R513A. This groundbreaking development underscores the company's unwavering commitment to delivering the most environmentally sustainable air conditioning systems for data centers. Furthermore, STULZ has expanded the use of the R513A refrigerant across its product portfolio, reinforcing its dedication to eco-friendly cooling solutions.
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