Middle East & Africa Data Center Cooling Market Size & Outlook
Middle East & Africa data center cooling market, 2018-2030 (US$M)
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MEA data center cooling market highlights
- The MEA data center cooling market generated a revenue of USD 892.2 million in 2023.
- The market is expected to grow at a CAGR of 17.7% 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.
MEA data book summary
| Market revenue in 2023 | USD 892.2 million |
| Market revenue in 2030 | USD 2,786.4 million |
| Growth rate | 17.7% (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, MEA region accounted for 4.8% 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 |
|---|
Middle East & Africa 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 27.51% in 2023. Horizon Databook has segmented the Middle East & Africa 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 growth of the market in the MEA region can be attributed to the increasing investments by government entities in digital infrastructure companies.
For instance, in May 2023, DigitalBridge Group announced a relationship with the Public Investment Fund (PIF), a Saudi sovereign wealth fund, as an investor. The goal of the new collaboration was to build data centers around the Gulf Cooperation Council (GCC) and in Saudi Arabia.
The collaboration intended to grow into towers, fiber, small cell, and Edge infrastructure in the future, with a focus on data center investments initially.
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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 continent-level data and insights on the Middle East & Africa data center cooling market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa data center cooling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Data Center Cooling Market Outlook Share, 2023 & 2030 (US$M)
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