UK Data Center Cooling Market Size & Outlook, 2023-2030
UK data center cooling market, 2018-2030 (US$M)
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UK data center cooling market highlights
- The UK data center cooling market generated a revenue of USD 742.5 million in 2023 and is expected to reach USD 1,799.3 million by 2030.
- The UK market is expected to grow at a CAGR of 13.5% from 2024 to 2030.
- In terms of segment, air handling units 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.
Data center cooling market data book summary
| Market revenue in 2023 | USD 742.5 million |
| Market revenue in 2030 | USD 1,799.3 million |
| Growth rate | 13.5% (CAGR from 2023 to 2030) |
| Largest segment | Air handling units |
| Fastest growing segment | Precision air conditioners |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UK accounted for 4.0% of the global data center cooling market in 2023.
- Country-wise, China 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.
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Data Center Cooling Market Scope
Data Center Cooling Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 handling units was the largest segment with a revenue share of 28.85% in 2023. Horizon Databook has segmented the UK 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 data center cooling market in the U.K. is growing due to the rising number of data center cooling initiatives within the nation, along with the increasing installation of immersion cooling facilities. For instance, in October 2022, Castrol declared its plan to construct new testing facilities for novel immersion cooling technologies, in addition to other essential data center infrastructure.
The facilities are expected to be located in Pangbourne, U.K., the company's global headquarters. This pledge is part of BP p.l.c. recently disclosed investment plans, which include funding of up to GBP 50 million (USD 58 million) for the construction of analytical laboratories and a new battery test center at the location.
Castrol's thermal management specialists can develop cutting-edge immersion fluid solutions more quickly at the new facility. These technologies are intended to be used in data centers and IT/communications infrastructure.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK data center cooling market , including forecasts for subscribers. This country databook contains high-level insights into UK data center cooling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK data center cooling market size, by product, 2018-2030 (US$M)
UK Data Center Cooling Market Outlook Share, 2023 & 2030 (US$M)
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