Energy and Power Critical Power and Cooling Market | Page 3
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power-and-cooling-market-145371177.html
UPS & air-conditioning is the largest type-based market segment
The report segments the critical power market on the basis of type into UPS, generators, and
others (converters, inverters, transfer switches, power transfer switching, breaker transfer pairs,
generator paralleling breakers, and switch transfer pairs), while the cooling solutions market is
segmented into air conditioning, chilling units, cooling towers, liquid cooling system s, and others
(economizer systems, control systems, pumping units, humidifiers, and air coolers). The UPS
segment in the critical power market and the air-conditioning segment in the cooling market are
expected to dominate by 2021. This growth is majorly driven by Asia-Pacific due to the rapid
industrialization and urbanization in the region.
North America is the dominant market for the critical power and cooling market
North America is currently the largest market for critical power and cooling. The U.S. accounted
for the majority share in North America in 2016. The increasing number of data centers and data
processing power, and increasing demand for information storage are factors driving the market
in the U.S. and Canada.
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