Market Share of Canada Data Center Cooling Industry
The upcoming DC construction projects in the country will increase the demand for data center cooling in the coming years. The Canadian data center cooling market is semiconsolidated. Major market players include Rittal GMBH & Co.KG, Schneider Electric SE, Vertiv Group Corp., Mitsubishi Electric Hydronics & IT Cooling Systems SpA, and Asetek A/S. These major players, with a prominent market share, focus on expanding their regional customer base.
- April 2024: Carrier Global Corporation partnered with Strategic Thermal Labs to develop direct-to-chip cooling technology. Under this partnership, Carrier will leverage the advancement in direct-to-chip technology and incorporate it into the data center cooling solutions.
- December 2023: Vertiv completed the acquisition of Cooltera Ltd, a manufacturer of coolant distribution units (CDU) and secondary fluid networks (SFN). This acquisition is expected to improve the existing DC cooling solutions offered by the company.
Canada Data Center Cooling Market Leaders
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Rittal GMBH & Co.KG
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Schneider Electric SE
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Vertiv Group Corp.
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Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A.
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Asetek A/S
*Disclaimer: Major Players sorted in no particular order
