India Data Center Cooling Market Size & Outlook, 2023-2030
India data center cooling market, 2018-2030 (US$M)
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India data center cooling market highlights
- The India data center cooling market generated a revenue of USD 915.4 million in 2023 and is expected to reach USD 3,381.6 million by 2030.
- The India market is expected to grow at a CAGR of 20.5% from 2024 to 2030.
- In terms of segment, air conditioners was the largest revenue generating product in 2023.
- Precision air conditioners is the most lucrative product segment registering the fastest growth during the forecast period.
Data center cooling market data book summary
| Market revenue in 2023 | USD 915.4 million |
| Market revenue in 2030 | USD 3,381.6 million |
| Growth rate | 20.5% (CAGR from 2023 to 2030) |
| Largest segment | Air conditioners |
| Fastest growing segment | Precision air conditioners |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Air Conditioners, Precision air conditioners, Chillers, Air Handling Units |
| Key market players worldwide | Fujitsu Ltd, Hitachi Ltd, Johnson Controls International PLC, Mitsubishi Electric Corp, Dell Technologies Inc Ordinary Shares - Class C, Air Enterprises, LLC., Asetek, Nortek Air Solutions |
Other key industry trends
- In terms of revenue, India accounted for 4.9% of the global data center cooling market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China data center cooling market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 9,470.7 million by 2030.
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Data Center Cooling Market Scope
Data Center Cooling Market Companies
| Name | Profile | # Employees | HQ | Website |
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India data center cooling market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to data center cooling market will help companies and investors design strategic landscapes.
Air conditioners was the largest segment with a revenue share of 32.79% in 2023. Horizon Databook has segmented the India data center cooling market based on air conditioners, precision air conditioners, chillers, air handling units covering the revenue growth of each sub-segment from 2018 to 2030.
The rising adoption of green cooling technologies by Indian data centers has contributed to the growth of the data center cooling market in India. For instance, in January 2023, NTT stated its plan to deploy Direct Contact Liquid Cooling and Liquid Immersion Cooling in data centers in India.
By adopting these technologies, data centers can reduce their energy consumption by up to 30% compared to when they used traditional cooling systems.
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Our clientele includes a mix of data center cooling market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India data center cooling market , including forecasts for subscribers. This country databook contains high-level insights into India data center cooling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India data center cooling market size, by product, 2018-2030 (US$M)
India Data Center Cooling Market Outlook Share, 2023 & 2030 (US$M)
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