[166 Pages] The global critical power and cooling market is expected to grow from an estimated USD 16.87 Billion in 2016 to USD 25.80 Billion by 2021, at a CAGR of 8.88%, from 2016 to 2021. The factors driving the market include a rise in the number of data centers due to digitalization and cloud computing, increasing demand for improved cooling efficiency in data centers, the need to reduce anomalies in power supply, and regulations and initiatives by institutes and associations. High investment costs and environmental and health hazards are key restraints for the growth of the market.

Objectives of the study

To define, describe, and forecast the global market on the basis of type, end-user, and region

To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)

To strategically analyze the market with respect to individual growth trends of manufacturers, their future expansions, and contribution to the market

To forecast the growth of the market with respect to the main regions (Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa)

To strategically profile key market players and comprehensively analyze their market shares and core competencies

To analyze market opportunities for stakeholders and provide details of competitive developments, such as contracts & agreements, mergers & acquisitions, expansions, and new product or technology launches, in the global market

* Core competencies of the companies are captured in terms of their key developments, SWOT analyses, and the key strategies adopted by them to sustain their position in the market

The years considered for the study are as follows:

Base Year: 2015

Estimated Year: 2016

Projected Year: 2021

Forecast Period: From 2016 to 2021

For company profiles in the report, 2015 has been used as the base year.

Research Methodology

This research study involved the extensive use of secondary sources, directories, and databases (such as Hoover�s, Bloomberg, Businessweek, and Factiva) to identify and collect information useful for this technical, market-oriented, and commercial study of the critical power and cooling market. The points mentioned below explain the research methodology applied in this report.

Analysis of all the operational and upcoming infrastructural projects across the world

Analysis of country-wise industrial growth rate for the past five years

Analysis of the market trends in various regions and countries supported by critical power and cooling equipment manufacturers.

Overall market size values are finalized by triangulation with the supply-side data which includes product developments, supply chain, and annual deliveries of critical power and cooling solutions across the globe

After arriving at the overall market size, the total market has been split into several segments and subsegments. The figure given below shows the breakdown of the primaries on the basis of company type, designation, and region.

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem

Stakeholders

The stakeholders included in this report are as follows:

Critical power device manufacturers, dealers, and suppliers

Consulting companies in the energy and power sector

Government utility providers

Private utility providers

Private customers

Network operators

Communication vendors

Cooling solutions component manufacturers

National and regional agencies

Investment banks and private equity firms

Raw material suppliers

Government and research organizations

�The study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.�

Scope of the report

Critical Power, by Type:

UPS

Generators

Others*

Others includes converters, inverters, transfer switches, power transfer switching, breaker transfer pairs, generator paralleling breakers, and switch transfer pairs

Cooling Solutions, by Type

Air Conditioning

Chilling Units

Cooling Towers

Liquid Cooling Systems

Others*

Others includes economizer systems, control systems, pumping units, humidifiers, and air coolers

Critical Power, by End-User

Industrial

Commercial

IT and Telecommunication

Government and Defense

Transportation

Cooling Solutions, by End-User

Industrial

Commercial

IT and Telecommunication

Transportation

Others*

Others includes government buildings and military applications

By Region

North America

Europe

Asia-Pacific

Middle East & Africa

Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the client�s specific needs. The following customization options are available for the report:

Detailed analysis and profiling of additional market players (up to five)

The critical power and cooling market is projected to grow at a CAGR of 8.88%, from 2016 to 2021, to reach USD 25.80 Billion by 2021. A rise in digitalization and cloud computing leading to an increase in demand for data centers, increasing demand for improved cooling efficiency in data centers, a need to reduce anomalies in power supply, and regulations and initiatives by institutes and associations are the major factors driving the market.

The report segments the critical power market, by type, into UPS, generators, and others (converters, inverters, transfer switches, power transfer switching, breaker transfer pairs, generator paralleling breakers, and switch transfer pairs). The cooling solutions market has been segmented, by type, into air conditioning, chilling units, cooling towers, liquid cooling systems, and others (economizer systems, control systems, pumping units, humidifiers, and air coolers).

The report segments the critical power market, by end-user, into industrial, commercial, IT and telecommunication, government and defense, and transportation. The end-users of the cooling solutions market include industrial, commercial, IT and telecommunication, transportation, and others (government buildings and military applications).

The commercial segment holds the largest market share of the critical power and cooling market, by end-user. The critical power market, by type, is dominated by the UPS segment, while the air conditioning segment leads the cooling market, by type.

The global banking and financial sector is expanding on a large scale with the advent of IT. However, unplanned downtime and IT failure may affect ongoing transactions. Installation of data centers with efficient and reliable power solutions can overcome such failures. This increases the demand for critical power and cooling in the BFSI sector.

Air conditioning units are widely used at data center facilities. They provide precision air conditioning and maintain the equipment at ideal operating temperatures. Thus, the increasing number of data centers is expected to boost the market, during the forecast period.

In this report, the critical power and cooling market has been segmented into the following regions, North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is currently the largest market for critical power and cooling, and the Asia-Pacific market is projected to grow at the highest CAGR, during the forecast period. The U.S. accounted for the majority share in North America in 2016. The increasing number of data centers and data processing power and increasing demand for information storage are factors driving the market in the U.S. and Canada. The figure given below shows the regional scenario of the market from 2016 to 2021.

High investment costs and environmental and health hazards are key restraints for the growth of the critical power & cooling market.

Some of the leading players in the critical power and cooling market include Schneider Electric (France), ABB, Ltd. (Switzerland), General Electric (U.S.), Eaton Corporation (Ireland), Delta Electronics, Inc. (Taiwan), Critical Power Xiamen Kehua Hengsheng, Co. (China), Socomec (France), Falcon Electric, Inc. (U.S.), Daikin Industries, Ltd. (Japan), STULZ GmbH (Germany), Asetek A/S (Denmark), Vertiv, Co. (U.S.), ICS Cool Energy (U.K.), Piller Group GmbH (Germany), Riello Elettronica Group (Italy), Cyber Power Systems (U.S.), AC Power Corp. (PREEN) (Taiwan), Connexa Energy (U.S.), Siemens AG (Germany), SPX Corporation (U.S.), Johnson Controls, Inc. (U.S.), Nortek Air Solutions, LLC (U.S.), Rittal GmbH & Co. KG (Germany), and Airedale International Air Conditioning, Ltd. (U.K.), among others. New product launches was the most common strategy adopted by the top players in the market, constituting more than one-third of the total development share. The other common strategies employed were contracts & agreements, partnerships and joint ventures, expansions, and mergers & acquisitions, respectively.

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