Nordic Countries Data Center Cooling Market Size & Outlook
Related Markets
Nordic Countries data center cooling market highlights
- The Nordic Countries data center cooling market generated a revenue of USD 471.3 million in 2024 and is expected to reach USD 1,208.3 million by 2030.
- The Nordic Countries market is expected to grow at a CAGR of 16.6% from 2025 to 2030.
- In terms of segment, precision air conditioners was the largest revenue generating product in 2024.
- Precision air conditioners is the most lucrative product segment registering the fastest growth during the forecast period.
Data center cooling market data book summary
| Market revenue in 2024 | USD 471.3 million |
| Market revenue in 2030 | USD 1,208.3 million |
| Growth rate | 16.6% (CAGR from 2025 to 2030) |
| Largest segment | Precision air conditioners |
| Fastest growing segment | Precision air conditioners |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 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, Nordic Countries accounted for 2.1% of the global data center cooling market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK data center cooling market is projected to lead the regional market in terms of revenue in 2030.
- Nordic Countries is the fastest growing regional market in Europe and is projected to reach USD 1,208.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Data Center Cooling Market Scope
Data Center Cooling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nortek Air Solutions | View profile | 1001-5000 | O Fallon, Missouri, United States, North America | http://www.nortekair.com/ |
| Asetek | View profile | 51-100 | Aalborg, Nordjylland, Denmark, Europe | http://www.asetek.com |
| Air Enterprises, LLC. | View profile | 51-100 | Akron, Ohio, United States, North America | http://airenterprises.com |
| Dell Technologies Inc Ordinary Shares - Class C | View profile | 120000 | One Dell Way, Round Rock, TX, United States, 78682 | https://www.delltechnologies.com |
| Mitsubishi Electric Corp | View profile | 149134 | Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310 | https://www.mitsubishielectric.com |
| Johnson Controls International PLC | View profile | 102000 | One Albert Quay, Cork, Ireland, T12 X8N6 | https://www.johnsoncontrols.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
| Fujitsu Ltd | View profile | 124055 | Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, Japan, 105-7123 | http://www.fujitsu.com |
Nordic Countries 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.
Precision air conditioners was the largest segment with a revenue share of 39.87% in 2024. Horizon Databook has segmented the Nordic Countries 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.
An increasing number of energy-efficient data centers is responsible for the growth of the Nordic data center cooling market. For instance, in February 2023, Prime, a data center developer, announced its plan to create a 124MW campus comprising three buildings in Energivej in Saeby, northern Denmark.
The three threestory buildings totaling 45 MW, spread across 348,750 sq ft (32,400 sqm), are expected to be located on the 27.52-acre property. The campus will run entirely on renewable energy, and Saeby Heat Plant's waste heat is expected to be recycled and used to provide heating to the local district.
Reasons to subscribe to Nordic Countries data center cooling market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Nordic Countries data center cooling market databook
-
Our clientele includes a mix of data center cooling market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Nordic Countries data center cooling market , including forecasts for subscribers. This country databook contains high-level insights into Nordic Countries data center cooling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Nordic Countries data center cooling market size, by product, 2018-2030 (US$M)
Nordic Countries Data Center Cooling Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
