South & Central America Data Center Cooling Market Report 2021-2031 by Scope, Segmentation, Dynamics, and Competitive Analysis

Description

List of Tables

The South & Central America data center cooling market is projected to grow significantly, reaching approximately US$ 1,089.70 million by 2031, up from US$ 417.88 million in 2023, with an estimated compound annual growth rate (CAGR) of 12.7% from 2023 to 2031.

Executive Summary and Market Analysis

In July 2024, Elea Digital Data Centers, a prominent provider of digital infrastructure and colocation services in Brazil, announced a major expansion plan to address the increasing demand for data centers. This initiative involves a substantial investment of US$ 1 billion aimed at adding 120MW of capacity in the Greater Sao Paulo area. This move reflects the broader trend of rising investments in data center infrastructure across South America, driven by the region's expanding digital economy and the growing need for advanced data processing and storage solutions. As South America undergoes rapid digital transformation, investments in data center infrastructure, particularly in efficient cooling technologies, are essential to support the evolving digital landscape.

Market Segmentation Analysis

The South & Central America data center cooling market can be segmented based on several criteria:

1. Component: The market is divided into various components, including air conditioning systems, chillers, air handling units, cooling towers, heat exchangers, humidifiers, and others. In 2023, air conditioning systems held the largest market share.

2. Cooling Type: The cooling solutions are categorized into room-based cooling, row-based cooling, and rack-based cooling, with room-based cooling dominating the market in 2023.

3. Data Center Type: The market is segmented into hyperscale data centers, colocation data centers, wholesale data centers, and enterprise data centers, where hyperscale data centers accounted for the largest share in 2023.

4. Industry Vertical: The market is also segmented by industry verticals, including IT and telecom, BFSI, healthcare, manufacturing, government and defense, media and entertainment, retail, energy, and others. The IT and telecom sector held the largest share in 2023.

Market Outlook

Innovative technologies such as data center cooling robots are emerging to enhance monitoring capabilities within facilities. These robots can navigate the data center, monitoring temperature and humidity levels in specific server cabinets. As advanced cooling technologies often require significant investments, smart technology solutions have gained popularity. For instance, Google has successfully utilized its DeepMind AI to reduce cooling energy consumption by 40% over 18 months through smart temperature controls.

Additionally, companies like OneNeck IT Solutions have developed robotic sensor probes that fit into standard cabinets, allowing for automated temperature data collection and transmission via Bluetooth. This technology enables data center professionals to create detailed heat maps, facilitating better decision-making and maintenance strategies. In response to the increasing demand for automation in data center cooling, Microsoft announced in October 2023 the formation of a dedicated team to advance these technologies, highlighting the importance of innovative solutions in optimizing operational efficiency.

Country Insights

The South & Central America data center cooling market includes key countries such as Brazil, Argentina, and others in the region. Brazil was the leading market in 2023. Notably, countries like Peru, Colombia, and Chile are also significant players in the data center cooling market. Governments in these nations are launching initiatives to construct new data centers, which is expected to further stimulate market growth. For example, Claro Peru announced a new US$ 50 million data center in Lima in December 2023, while ODATA launched its second hyperscale data center in San Bernardo, Chile, in November 2023, expanding its IT capacity in the country.

Company Profiles

Key players in the South & Central America data center cooling market include Asetek, Inc., Mitsubishi Corp, Stulz SpA, Vertiv Group Corp., Aspen Systems, LLC, Daikin Industries Ltd, Delta Electronics Inc, Danfoss AS, Motivair Corporation, Madison Industries, Fujitsu Ltd, Rittal GmbH & Co KG, Schneider Electric SE, Trane Technologies Plc, Black Box Corporation, Carrier Global Corp, Alfa Laval AB, Hewlett Packard Enterprise Development LP, Boyd Corp, and Evapco Inc, among others. These companies are employing various strategies, including expansion, product innovation, and mergers and acquisitions, to enhance their market presence and offer innovative solutions to their customers.

Product Code: BMIRE00031988

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macroeconomic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country-level data:

4. South & Central America Data Center Cooling Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 List of Vendors in the Value Chain

5. South & Central America Data Center Cooling Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increasing Demand for Compute-Intensive Workloads
- 5.1.2 Rising Investments in Data Centers
5.2 Market Restraints
- 5.2.1 High Cost Associated with Data Center Cooling
5.3 Market Opportunities
- 5.3.1 Advancements in Liquid Cooling Technologies
- 5.3.2 Growing Incorporation of Data Center Cooling Robots
5.4 Trends
- 5.4.1 AI-Optimized Cooling and Quieter Cooling Solutions
5.5 Impact of Drivers and Restraints:

6. South & Central America Data Center Cooling Market - Analysis

6.1 South & Central America Data Center Cooling Market Revenue (US$ Million), 2021-2031
6.2 South & Central America Data Center Cooling Market Forecast Analysis

7. South & Central America Data Center Cooling Market Analysis - by Component

7.1 Air Conditioning System
- 7.1.1 Overview
- 7.1.2 Air Conditioning System: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Chillers
- 7.2.1 Overview
- 7.2.2 Chillers: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.3 Air Handling Units
- 7.3.1 Overview
- 7.3.2 Air Handling Units: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.4 Cooling Towers
- 7.4.1 Overview
- 7.4.2 Cooling Towers: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.5 Heat Exchangers
- 7.5.1 Overview
- 7.5.2 Heat Exchangers: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.6 Humidifiers
- 7.6.1 Overview
- 7.6.2 Humidifiers: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.7 Others
- 7.7.1 Overview
- 7.7.2 Others: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. South & Central America Data Center Cooling Market Analysis - by Cooling Type

8.1 Room Based Cooling
- 8.1.1 Overview
- 8.1.2 Room Based Cooling: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Row Based Cooling
- 8.2.1 Overview
- 8.2.2 Row Based Cooling: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.3 Rack Based Cooling
- 8.3.1 Overview
- 8.3.2 Rack Based Cooling: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. South & Central America Data Center Cooling Market Analysis - by Data Center Type

9.1 Hyperscale Data Center
- 9.1.1 Overview
- 9.1.2 Hyperscale Data Center: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Colocation Data Center
- 9.2.1 Overview
- 9.2.2 Colocation Data Center: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.3 Wholesale Data Center
- 9.3.1 Overview
- 9.3.2 Wholesale Data Center: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.4 Enterprise Data Center
- 9.4.1 Overview
- 9.4.2 Enterprise Data Center: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. South & Central America Data Center Cooling Market Analysis - by Industry Vertical

10.1 IT and Telecom
- 10.1.1 Overview
- 10.1.2 IT and Telecom: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.2 BFSI
- 10.2.1 Overview
- 10.2.2 BFSI: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.3 Healthcare
- 10.3.1 Overview
- 10.3.2 Healthcare: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.4 Manufacturing
- 10.4.1 Overview
- 10.4.2 Manufacturing: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.5 Government and Defense
- 10.5.1 Overview
- 10.5.2 Government and Defense: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.6 Media and Entertainment
- 10.6.1 Overview
- 10.6.2 Media and Entertainment: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.7 Retail
- 10.7.1 Overview
- 10.7.2 Retail: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.8 Energy
- 10.8.1 Overview
- 10.8.2 Energy: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.9 Others
- 10.9.1 Overview
- 10.9.2 Others: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)

11. South & Central America Data Center Cooling Market - Country Analysis

11.1 South & Central America
- 11.1.1 South & Central America Data Center Cooling Market Overview
- 11.1.2 South & Central America Data Center Cooling Market - Revenue and Forecast Analysis - by Country
  - 11.1.2.1 South & Central America Data Center Cooling Market - Revenue and Forecast Analysis - by Country
  - 11.1.2.2 Brazil: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.2.2.1 Brazil: South & Central America Data Center Cooling Market Share - by Component
    - 11.1.2.2.2 Brazil: South & Central America Data Center Cooling Market Share - by Cooling Type
    - 11.1.2.2.3 Brazil: South & Central America Data Center Cooling Market Share - by Data Center Type
    - 11.1.2.2.4 Brazil: South & Central America Data Center Cooling Market Share - by Industry Vertical
  - 11.1.2.3 Argentina: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.2.3.1 Argentina: South & Central America Data Center Cooling Market Share - by Component
    - 11.1.2.3.2 Argentina: South & Central America Data Center Cooling Market Share - by Cooling Type
    - 11.1.2.3.3 Argentina: South & Central America Data Center Cooling Market Share - by Data Center Type
    - 11.1.2.3.4 Argentina: South & Central America Data Center Cooling Market Share - by Industry Vertical
  - 11.1.2.4 Rest of South & Central America: South & Central America Data Center Cooling Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 11.1.2.4.1 Rest of South & Central America: South & Central America Data Center Cooling Market Share - by Component
    - 11.1.2.4.2 Rest of South & Central America: South & Central America Data Center Cooling Market Share - by Cooling Type
    - 11.1.2.4.3 Rest of South & Central America: South & Central America Data Center Cooling Market Share - by Data Center Type
    - 11.1.2.4.4 Rest of South & Central America: South & Central America Data Center Cooling Market Share - by Industry Vertical

12. Competitive Landscape

12.1 Heat Map Analysis by Key Players
12.2 Company Positioning and Concentration

13. Industry Landscape

13.1 Overview
13.2 Market Initiative
13.3 Product Development
13.4 Mergers & Acquisitions

14. Company Profiles

14.1 Asetek, Inc
- 14.1.1 Key Facts
- 14.1.2 Business Description
- 14.1.3 Products and Services
- 14.1.4 Financial Overview
- 14.1.5 SWOT Analysis
- 14.1.6 Key Developments
14.2 Mitsubishi Corp
- 14.2.1 Key Facts
- 14.2.2 Business Description
- 14.2.3 Products and Services
- 14.2.4 Financial Overview
- 14.2.5 SWOT Analysis
- 14.2.6 Key Developments
14.3 Stulz SpA
- 14.3.1 Key Facts
- 14.3.2 Business Description
- 14.3.3 Products and Services
- 14.3.4 Financial Overview
- 14.3.5 SWOT Analysis
- 14.3.6 Key Developments
14.4 Vertiv Group Corp.
- 14.4.1 Key Facts
- 14.4.2 Business Description
- 14.4.3 Products and Services
- 14.4.4 Financial Overview
- 14.4.5 SWOT Analysis
- 14.4.6 Key Developments
14.5 Aspen Systems, LLC.
- 14.5.1 Key Facts
- 14.5.2 Business Description
- 14.5.3 Products and Services
- 14.5.4 Financial Overview
- 14.5.5 SWOT Analysis
- 14.5.6 Key Developments
14.6 Daikin Industries Ltd
- 14.6.1 Key Facts
- 14.6.2 Business Description
- 14.6.3 Products and Services
- 14.6.4 Financial Overview
- 14.6.5 SWOT Analysis
- 14.6.6 Key Developments
14.7 Delta Electronics Inc
- 14.7.1 Key Facts
- 14.7.2 Business Description
- 14.7.3 Products and Services
- 14.7.4 Financial Overview
- 14.7.5 SWOT Analysis
- 14.7.6 Key Developments
14.8 Danfoss AS
- 14.8.1 Key Facts
- 14.8.2 Business Description
- 14.8.3 Products and Services
- 14.8.4 Financial Overview
- 14.8.5 SWOT Analysis
- 14.8.6 Key Developments
14.9 Motivair Corporation
- 14.9.1 Key Facts
- 14.9.2 Business Description
- 14.9.3 Products and Services
- 14.9.4 Financial Overview
- 14.9.5 SWOT Analysis
- 14.9.6 Key Developments
14.10 Madison Industries
- 14.10.1 Key Facts
- 14.10.2 Business Description
- 14.10.3 Products and Services
- 14.10.4 Financial Overview
- 14.10.5 SWOT Analysis
- 14.10.6 Key Developments
14.11 Fujitsu Ltd
- 14.11.1 Key Facts
- 14.11.2 Business Description
- 14.11.3 Products and Services
- 14.11.4 Financial Overview
- 14.11.5 SWOT Analysis
- 14.11.6 Key Developments
14.12 Rittal GmbH & Co KG
- 14.12.1 Key Facts
- 14.12.2 Business Description
- 14.12.3 Products and Services
- 14.12.4 Financial Overview
- 14.12.5 SWOT Analysis
- 14.12.6 Key Developments
14.13 Schneider Electric SE
- 14.13.1 Key Facts
- 14.13.2 Business Description
- 14.13.3 Products and Services
- 14.13.4 Financial Overview
- 14.13.5 SWOT Analysis
- 14.13.6 Key Developments
14.14 Trane Technologies Plc
- 14.14.1 Key Facts
- 14.14.2 Business Description
- 14.14.3 Products and Services
- 14.14.4 Financial Overview
- 14.14.5 SWOT Analysis
- 14.14.6 Key Developments
14.15 Black Box Corporation
- 14.15.1 Key Facts
- 14.15.2 Business Description
- 14.15.3 Products and Services
- 14.15.4 Financial Overview
- 14.15.5 SWOT Analysis
- 14.15.6 Key Developments
14.16 Carrier Global Corp
- 14.16.1 Key Facts
- 14.16.2 Business Description
- 14.16.3 Products and Services
- 14.16.4 Financial Overview
- 14.16.5 SWOT Analysis
- 14.16.6 Key Developments
14.17 Alfa Laval AB
- 14.17.1 Key Facts
- 14.17.2 Business Description
- 14.17.3 Products and Services
- 14.17.4 Financial Overview
- 14.17.5 SWOT Analysis
- 14.17.6 Key Developments
14.18 Hewlett Packard Enterprise Development LP
- 14.18.1 Key Facts
- 14.18.2 Business Description
- 14.18.3 Products and Services
- 14.18.4 Financial Overview
- 14.18.5 SWOT Analysis
- 14.18.6 Key Developments
14.19 Boyd Corp
- 14.19.1 Key Facts
- 14.19.2 Business Description
- 14.19.3 Products and Services
- 14.19.4 Financial Overview
- 14.19.5 SWOT Analysis
- 14.19.6 Key Developments
14.20 Evapco Inc
- 14.20.1 Key Facts
- 14.20.2 Business Description
- 14.20.3 Products and Services
- 14.20.4 Financial Overview
- 14.20.5 SWOT Analysis
- 14.20.6 Key Developments

15. Appendix

15.1 About Us
15.2 List of Abbreviations