MARKET OVERVIEW
A critical power and cooling system are essential to maintain the efficiency of equipment to ensure their operation at peak performance. The demand for data centres, the efficiency of analysing large amounts of information, and the rise in digitalization are key factors influencing the crucial global power and cooling market. To ensure optimum connectivity and performance in all cases, telecommunications systems must be equipped with critical power and heat supply to operate efficiently. The worldwide critical power and heat markets are projected to be driven by continued developments in the commercial sector.
MARKET SCOPE
The "Global Critical Power and Cooling Market Analysis to 2028" is a specialized and in-depth study of the critical power and cooling market with a special focus on the global market trend analysis. The report aims to provide an overview of critical power and cooling market with detailed market segmentation by technology, offering, industry, and geography. The global critical power and cooling market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading critical power and cooling market players and offers key trends and opportunities in the critical power and cooling market.
MARKET SEGMENTATION
The global critical power and cooling market is segmented on the basis of type and application. Based on type, the market is segmented as critical power and cooling. On the basis of application, the market is segmented as industrial, government and defense, it and telecommunication, transportation, commercial, others.
MARKET DYNAMICS
The increase in need for reliable and continuous power supply, increasing use of renewable energy resources, and growing adoption of cloud computing are the major factors supporting the critical power and cooling market's growth. However, the complexity of integrating the solutions might hinder the growth of the critical power and cooling market. APAC region is expected to grow at a high CAGR owing to the growing consumer electronics industry in the region.
Restraints:
The lack of specialists may hinder the growth of the Critical Power and Cooling Market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Critical Power and Cooling System Market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Critical Power and Cooling System Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyses factors affecting Critical Power and Cooling System Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Critical Power and Cooling System Market in these regions.
IMPACT OF COVID-19 ON CRITICAL POWER AND COOLING SYSTEM MARKET
The global critical energy and cooling market was significantly affected by the COVID-19 pandemic. During the pandemic, there was an increase in critical power and cool markets worldwide. The market will be urged by growing IT and telecommunications equipment demand during the forecast period. The demand for home systems and computers is increasing rapidly due to a rise in the concept of remote working. There has been an increase in demand in the critical power and cooling market to protect against fluctuations and stability of voltage. Between 2022 and 2027, the market's revenue is set to increase due to increasing demand in vital markets for electricity and air conditioning.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Critical Power and Cooling System Market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Critical Power and Cooling System Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyses factors affecting Critical Power and Cooling System Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Critical Power and Cooling System Market in these regions.
IMPACT OF COVID-19 ON CRITICAL POWER AND COOLING SYSTEM MARKET
The global critical energy and cooling market was significantly affected by the COVID-19 pandemic. During the pandemic, there was an increase in critical power and cool markets worldwide. The market will be urged by growing IT and telecommunications equipment demand during the forecast period. The demand for home systems and computers is increasing rapidly due to a rise in the concept of remote working. There has been an increase in demand in the critical power and cooling market to protect against fluctuations and stability of voltage. Between 2022 and 2027, the market's revenue is set to increase due to increasing demand in vital markets for electricity and air conditioning.
MARKET PLAYERS
The reports cover key developments in the Critical Power and Cooling System Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Critical Power and Cooling System Market are anticipated to lucrative growth opportunities in the future with the growth in adoption of modular and containerized data centres in the global market. Below mentioned is the list of few companies engaged in the Critical Power and Cooling System Market.
The report also includes the profiles of key Critical Power and Cooling System companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ABB Group
- Asetek, Inc.
- Daikin Industries, Ltd.
- Eaton Corporation
- Johnson Controls, Inc.
- Nortek Air Solutions, LLC
- Rittal GmbH and Co. KG
- Schneider Electric SE
- STULZ GmbH
- Vertiv Group Corp
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Critical Power And Cooling Market - By Type
1.3.2 Critical Power And Cooling Market - By Application
1.3.3 Critical Power And Cooling Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CRITICAL POWER AND COOLING MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. CRITICAL POWER AND COOLING MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CRITICAL POWER AND COOLING MARKET - GLOBAL MARKET ANALYSIS
6.1. CRITICAL POWER AND COOLING - GLOBAL MARKET OVERVIEW
6.2. CRITICAL POWER AND COOLING - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CRITICAL POWER AND COOLING MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. CRITICAL POWER
7.3.1. Overview
7.3.2. Critical Power Market Forecast and Analysis
7.4. COOLING
7.4.1. Overview
7.4.2. Cooling Market Forecast and Analysis
8. CRITICAL POWER AND COOLING MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. INDUSTRIAL
8.3.1. Overview
8.3.2. Industrial Market Forecast and Analysis
8.4. GOVERNMENT AND DEFENSE
8.4.1. Overview
8.4.2. Government and Defense Market Forecast and Analysis
8.5. IT AND TELECOMMUNICATION
8.5.1. Overview
8.5.2. IT and Telecommunication Market Forecast and Analysis
8.6. TRANSPORTATION
8.6.1. Overview
8.6.2. Transportation Market Forecast and Analysis
8.7. COMMERCIAL
8.7.1. Overview
8.7.2. Commercial Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. CRITICAL POWER AND COOLING MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Critical Power And Cooling Market Overview
9.1.2 North America Critical Power And Cooling Market Forecasts and Analysis
9.1.3 North America Critical Power And Cooling Market Forecasts and Analysis - By Type
9.1.4 North America Critical Power And Cooling Market Forecasts and Analysis - By Application
9.1.5 North America Critical Power And Cooling Market Forecasts and Analysis - By Countries
9.1.5.1 United States Critical Power And Cooling Market
9.1.5.1.1 United States Critical Power And Cooling Market by Type
9.1.5.1.2 United States Critical Power And Cooling Market by Application
9.1.5.2 Canada Critical Power And Cooling Market
9.1.5.2.1 Canada Critical Power And Cooling Market by Type
9.1.5.2.2 Canada Critical Power And Cooling Market by Application
9.1.5.3 Mexico Critical Power And Cooling Market
9.1.5.3.1 Mexico Critical Power And Cooling Market by Type
9.1.5.3.2 Mexico Critical Power And Cooling Market by Application
9.2. EUROPE
9.2.1 Europe Critical Power And Cooling Market Overview
9.2.2 Europe Critical Power And Cooling Market Forecasts and Analysis
9.2.3 Europe Critical Power And Cooling Market Forecasts and Analysis - By Type
9.2.4 Europe Critical Power And Cooling Market Forecasts and Analysis - By Application
9.2.5 Europe Critical Power And Cooling Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Critical Power And Cooling Market
9.2.5.1.1 Germany Critical Power And Cooling Market by Type
9.2.5.1.2 Germany Critical Power And Cooling Market by Application
9.2.5.2 France Critical Power And Cooling Market
9.2.5.2.1 France Critical Power And Cooling Market by Type
9.2.5.2.2 France Critical Power And Cooling Market by Application
9.2.5.3 Italy Critical Power And Cooling Market
9.2.5.3.1 Italy Critical Power And Cooling Market by Type
9.2.5.3.2 Italy Critical Power And Cooling Market by Application
9.2.5.4 Russia Critical Power And Cooling Market
9.2.5.4.1 Russia Critical Power And Cooling Market by Type
9.2.5.4.2 Russia Critical Power And Cooling Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Critical Power And Cooling Market Overview
9.3.2 Asia-Pacific Critical Power And Cooling Market Forecasts and Analysis
9.3.3 Asia-Pacific Critical Power And Cooling Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Critical Power And Cooling Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Critical Power And Cooling Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Critical Power And Cooling Market
9.3.5.1.1 Australia Critical Power And Cooling Market by Type
9.3.5.1.2 Australia Critical Power And Cooling Market by Application
9.3.5.2 China Critical Power And Cooling Market
9.3.5.2.1 China Critical Power And Cooling Market by Type
9.3.5.2.2 China Critical Power And Cooling Market by Application
9.3.5.3 India Critical Power And Cooling Market
9.3.5.3.1 India Critical Power And Cooling Market by Type
9.3.5.3.2 India Critical Power And Cooling Market by Application
9.3.5.4 Japan Critical Power And Cooling Market
9.3.5.4.1 Japan Critical Power And Cooling Market by Type
9.3.5.4.2 Japan Critical Power And Cooling Market by Application
9.3.5.5 Rest of Asia-Pacific Critical Power And Cooling Market
9.3.5.5.1 Rest of Asia-Pacific Critical Power And Cooling Market by Type
9.3.5.5.2 Rest of Asia-Pacific Critical Power And Cooling Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Critical Power And Cooling Market Overview
9.4.2 Middle East and Africa Critical Power And Cooling Market Forecasts and Analysis
9.4.3 Middle East and Africa Critical Power And Cooling Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Critical Power And Cooling Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Critical Power And Cooling Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Critical Power And Cooling Market
9.4.5.1.1 South Africa Critical Power And Cooling Market by Type
9.4.5.1.2 South Africa Critical Power And Cooling Market by Application
9.4.5.2 Rest of Middle East and Africa Critical Power And Cooling Market
9.4.5.2.1 Rest of Middle East and Africa Critical Power And Cooling Market by Type
9.4.5.2.2 Rest of Middle East and Africa Critical Power And Cooling Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Critical Power And Cooling Market Overview
9.5.2 South and Central America Critical Power And Cooling Market Forecasts and Analysis
9.5.3 South and Central America Critical Power And Cooling Market Forecasts and Analysis - By Type
9.5.4 South and Central America Critical Power And Cooling Market Forecasts and Analysis - By Application
9.5.5 South and Central America Critical Power And Cooling Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Critical Power And Cooling Market
9.5.5.1.1 Brazil Critical Power And Cooling Market by Type
9.5.5.1.2 Brazil Critical Power And Cooling Market by Application
9.5.5.2 Argentina Critical Power And Cooling Market
9.5.5.2.1 Argentina Critical Power And Cooling Market by Type
9.5.5.2.2 Argentina Critical Power And Cooling Market by Application
9.5.5.3 Rest of South and Central America Critical Power And Cooling Market
9.5.5.3.1 Rest of South and Central America Critical Power And Cooling Market by Type
9.5.5.3.2 Rest of South and Central America Critical Power And Cooling Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CRITICAL POWER AND COOLING MARKET, KEY COMPANY PROFILES
11.1. ABB GROUP
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ASETEK, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DAIKIN INDUSTRIES, LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. EATON CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. JOHNSON CONTROLS, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. NORTEK AIR SOLUTIONS, LLC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. RITTAL GMBH AND CO. KG
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SCHNEIDER ELECTRIC SE
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. STULZ GMBH
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. VERTIV GROUP CORP
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
1.ABB Group
2.Asetek, Inc.
3.Daikin Industries, Ltd.
4.Eaton Corporation
5.Johnson Controls, Inc.
6.Nortek Air Solutions, LLC
7.Rittal GmbH and Co. KG
8.Schneider Electric SE
9.STULZ GmbH
10.Vertiv Group Corp
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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