Latin America Data Center Cooling Market Size & Outlook
Latin America data center cooling market, 2018-2030 (US$M)
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Latin America data center cooling market highlights
- The Latin America data center cooling market generated a revenue of USD 677.2 million in 2023.
- The market is expected to grow at a CAGR of 16% 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.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 677.2 million |
| Market revenue in 2030 | USD 1,916.0 million |
| Growth rate | 16% (CAGR from 2023 to 2030) |
| Largest segment | Air conditioners |
| Fastest growing segment | Precision air conditioners |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Latin America region accounted for 3.6% of the global data center cooling market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 25,424.7 million by 2030.
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Data Center Cooling Market Scope
Data Center Cooling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 30.89% in 2023. Horizon Databook has segmented the Latin America 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 increasing number of sustainable data centers in the region is propelling the growth of the Latin American data center cooling market. For instance, in August 2022, Scala Data Centers opened SGRUTB04, a vertical data center with a total capacity of 18MW, in Latin America.
SGRUTB04 is a Tamboré Campus situated in the company's premises in Greater São Paulo, Brazil. This new Scala data center is 56 meters high, with 7 stories and about 140,000 square feet of constructed area, 4 of which are dedicated to data halls that house more than 1,500 racks.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America data center cooling market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America data center cooling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America data center cooling market size, by country, 2018-2030 (US$M)
Latin America Data Center Cooling Market Outlook Share, 2023 & 2030 (US$M)
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