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Data Center Cooling Solutions Market size is set to grow by USD 51.08 billion from 2024-2028, Increased demand for data centers to boost the market growth, Technavio

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NEW YORK, July 24, 2024 /PRNewswire/ — The global data center cooling solutions market size is estimated to grow by USD 51.08 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 31.71% during the forecast period. Increased demand for data centers is driving market growth, with a trend towards greater use of HPC. However, environmental concerns poses a challenge. Key market players include Aermec S.p.A., Airedale Air Conditioning Ltd., AIRSYS Refrigeration Engineering Technology Co. Ltd., Alfa Laval AB, Asetek, Black Box Ltd., Chilldyne, Citec International, Daikin Industries Ltd., Data Aire Inc., Delta Electronics Inc., Engineered Fluids Inc., Green Revolution Cooling Inc., Midas Immersion Cooling, Mitsubishi Electric Corp., Motivair Corp., Nortek, Schneider Electric SE, STULZ GmbH, and Vertiv Holdings Co..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Air conditioning, Economizers, Cooling towers, Chillers, and Others), Technique (Air-based cooling and Liquid-based cooling), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)

Region Covered

APAC, North America, Europe, Middle East and Africa, and South America

Key companies profiled

Aermec S.p.A., Airedale Air Conditioning Ltd., AIRSYS Refrigeration Engineering Technology Co. Ltd., Alfa Laval AB, Asetek, Black Box Ltd., Chilldyne, Citec International, Daikin Industries Ltd., Data Aire Inc., Delta Electronics Inc., Engineered Fluids Inc., Green Revolution Cooling Inc., Midas Immersion Cooling, Mitsubishi Electric Corp., Motivair Corp., Nortek, Schneider Electric SE, STULZ GmbH, and Vertiv Holdings Co.

Key Market Trends Fueling Growth

The High Performance Computing (HPC) market is experiencing significant growth due to the increasing demand for product innovation and economic competitiveness. HPC systems, which deliver efficient computing through a cluster of processors, are primarily used for scientific and engineering applications. These systems have higher computing performance than general-purpose computers, measured in floating-point operations per second (FLOPS), and are essential for solving complex problems in fields such as physical simulations, weather forecasting, quantum mechanics, and molecular modeling. The global HPC market is being driven by the growing use of big data and cloud computing solutions, which have led to an increase in the demand for data centers. Data centers support HPC by enabling parallel processing with better reliability, efficiency, and scalability through enhanced cooling systems. Cloud-based HPC systems are particularly attractive to Small and Medium Enterprises (SMEs) due to their low initial investment requirements. As HPC systems incorporate tens of thousands of processors, they generate significant heat. To maintain optimal performance, data centers require efficient cooling systems, such as in-rack and in-row cooling solutions. Modern data centers also offer cloud-based services and virtualization to support HPC infrastructure. Data center operators must ensure 99% service availability to meet the demands of HPC vendors. To achieve this, they require high-performance data center power components. The increasing use of HPC will continue to drive the demand for data centers, and thus, data center power components during the forecast period.

The Data Center Cooling Solutions market is experiencing significant growth due to increasing data protection needs and power interruptions. Traditional air conditioners are being replaced by precision air conditioners and liquid cooling equipment for better efficiency and scalability. Cloud-based services, IT and telecom, manufacturing, healthcare, energy and utilities, and colocation service providers are major consumers. Advanced cooling techniques like room-based, row-based, and rack-based cooling are trending, with airflow paths and cooling expenses being key considerations. Energy-efficient data centers are a priority, with liquid cooling, intelligent power distribution, and monitoring systems gaining popularity. Advanced features like artificial intelligence, automation, incident response, and recovery procedures are essential for ensuring safety and minimizing cooling issues during power outages. Cooling solutions must be flexible and secure to accommodate load conditions and support the growing demand for data generation from OTT platforms, streaming services, cloud services, big data, and connected devices.

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Market Challenges

Data centers face numerous environmental challenges that impact their operations worldwide. Fluctuating temperatures, extreme humidity, and high atmospheric dust are common issues, particularly in regions with adverse climatic conditions. To address these concerns, data center operators must employ humidity controllers tailored to local requirements, capable of reacting to sudden environmental changes. Dust and airborne particles can cause mechanical failure in cooling fans and disrupt I/O port connectivity, while excessive gas emissions and noise levels pose additional challenges. As the demand for data center capacity increases globally, organizations are investing in new facilities to store and process growing amounts of data from advanced technologies like cloud computing, big data, and IoT. However, this growth comes with rising IT costs and carbon emissions, primarily from the operation of IT servers, generators, building shells, and cooling systems, as well as the use of non-renewable energy sources. Microsoft, for instance, has reduced the use of diesel generators to make its data centers more sustainable and less reliant on the utility grid. Environmental concerns, including carbon emissions, pose a significant threat to the growth of the global data center cooling solutions market during the forecast period.The Data Center Cooling Solutions market is facing challenges due to temperature surges, requiring advanced row/rack-based cooling and precision cooling capabilities. Future-proof solutions are essential for medium-sized enterprises undergoing digital transformation and adopting cloud computing services, AI-driven applications, and centralized storage. Energy consumption and carbon emissions are key concerns, necessitating energy-efficient and environmentally sustainable cooling systems. Data center operators must address heat dissipation, networking, computing capacity, authentication, and infrastructure components, including servers, network switches, power distribution units, and storage devices. Data backup, archiving, authorization, and IT hardware infrastructures also require consideration. Low-power-consuming cooling techniques, such as AI and Industry 4.0 innovations, are essential for optimizing energy savings, carbon savings, and space utilization. Tech companies and data center managers must focus on energy efficiency, power density, rack power densities, heat generation, and data center deployments to meet the demands of the digital age.

For more insights on driver and challenges – Download a Sample Report

Segment Overview

This data center cooling solutions market report extensively covers market segmentation by

Application1.1 Air conditioning1.2 Economizers1.3 Cooling towers1.4 Chillers1.5 OthersTechnique2.1 Air-based cooling2.2 Liquid-based coolingGeography3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Air conditioning- Data centers require specialized cooling solutions to maintain optimal operating conditions for IT equipment. Precision air conditioning units, such as Computer Room Air Handlers (CRAH) and Computer Room Air Conditioning (CRAC) units, play a crucial role in managing temperature and humidity. CRAH units, which use water-chilled systems, are suitable for large data centers, while CRAC units, with mechanical refrigeration, are ideal for moderate-sized facilities. Precision air conditioners, including these units, offer precise temperature and humidity control, higher efficiency, and lower power consumption compared to comfort air conditioners. The increasing heat density in data centers due to high-performance computing infrastructure and virtualization will drive the adoption of precision air conditioners. New data center constructions and renovations will further fuel market growth. Despite the initial higher cost of chilled water systems, the reduction in air conditioner prices and the need for efficient cooling solutions will ensure steady revenue growth during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global Data Center Liquid Immersion Cooling market is poised for significant growth, driven by rising data processing needs and energy efficiency demands. In parallel, the Data Center Mechanical Construction market is expanding due to the increasing complexity of data center infrastructure and the need for robust cooling and power solutions. Additionally, the Data Center Rack PDU market is experiencing growth as businesses seek advanced power distribution units to support high-density server environments. Collectively, these markets reflect the evolving landscape of data center technology and infrastructure.

Research Analysis

The Data Center Cooling Solutions market is witnessing significant growth due to the increasing demand for data-intensive applications, cloud computing, and digital services. IT infrastructure requires efficient cooling solutions to manage heat dissipation, especially with the rise of AI-driven applications and energy-consuming servers, network switches, and colocation services. Pre-engineered cooling modules and advanced cooling techniques are becoming popular for their energy efficiency and ability to handle high data traffic and load conditions. Centralized storage, networking, and computing capacity also require cooling solutions to ensure optimal performance. Power management is a crucial factor in data centers, and cooling solutions must be designed to minimize energy consumption. Data generation from various sources, including OTT platforms and streaming services, further increases the need for effective cooling solutions.

Market Research Overview

The Data Center Cooling Solutions market is witnessing significant growth due to the increasing demand for data-intensive applications, cloud computing, and digital services. With the IT industry’s rapid expansion, IT infrastructure requirements are surging, leading to an increase in power consumption and heat dissipation. In the 5G internet era, data traffic is expected to increase exponentially, putting additional pressure on data centers to maintain optimal temperatures. Cooling technologies such as pre-engineered cooling modules, precision cooling capabilities, and low-power-consuming techniques are gaining popularity to improve energy efficiency and environmental sustainability. The market is also witnessing the adoption of future-proof cooling solutions that can handle high power densities and rack power densities. Medium-sized enterprises are increasingly investing in digital transformation, leading to an increase in data center deployments. Cooling expenses are a significant portion of data center operating costs, making energy savings and carbon savings crucial. The market is also witnessing the adoption of AI-driven applications for predictive maintenance and optimization of cooling systems. Data center operators are focusing on space utilization, power interruptions, and data protection to ensure business continuity. The market is witnessing the adoption of cooling systems such as air conditioners, precision air conditioners, liquid cooling, and room-based, row-based, and rack-based cooling solutions. Industry 4.0, IoT, and cloud-based services are also driving the market’s growth. Energy efficiency, environmental sustainability, and carbon emissions are critical considerations for data center managers. The market is witnessing the adoption of plug-in systems, centralized storage, networking, and infrastructure components to optimize cooling expenses. Outsourcing data center operations to colocation service providers and web hosting companies is also on the rise to reduce capital expenditures and improve operational efficiency. Energy savings and carbon savings are essential for tech companies to reduce their carbon footprint and meet sustainability goals. The market is witnessing the adoption of cooling systems that use renewable energy sources and liquid cooling equipment. The market is also witnessing the adoption of cooling systems that use natural cooling methods such as airflow paths and evaporative cooling. The market is witnessing the adoption of cooling systems that use renewable energy sources and natural cooling methods such as airflow paths and evaporative cooling. Data center workload, power density, and heat generation are critical factors driving the market’s growth. The market is also witnessing the adoption of cooling systems that use artificial intelligence (AI) for predictive maintenance and optimization of cooling systems. The market is witnessing the adoption of cooling systems that use artificial intelligence (AI) for predictive maintenance and optimization of cooling systems. Data center cooling solutions are essential for IT and telecom, manufacturing, healthcare, energy and utilities, and web hosting industries. The market is also witnessing the adoption of cooling systems that use renewable energy sources and natural cooling methods such as airflow paths and evaporative cooling. The market is witnessing the adoption of cooling systems that use renewable energy sources and natural cooling methods such as airflow paths and evaporative cooling. Data center cooling solutions are essential for IT and telecom, manufacturing, healthcare, energy and utilities, and web hosting industries. The market is also witnessing the adoption of cooling systems that use AI for predictive maintenance and optimization of cooling systems, reducing power interruptions and improving energy efficiency. The market is witnessing the adoption of cooling systems that use AI for predictive maintenance and optimization of cooling systems, reducing power interruptions and improving energy efficiency. Data center cooling solutions are essential for IT and telecom, manufacturing, healthcare, energy and utilities, and web hosting industries. The market is also witnessing the adoption of cooling systems that use renewable energy sources and natural cooling methods such as airflow paths and evaporative cooling, ensuring environmental sustainability and reducing cooling expenses.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationAir ConditioningEconomizersCooling TowersChillersOthersTechniqueAir-based CoolingLiquid-based CoolingGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Twenty Years After an Attic Startup, TydeCo Brings “HR & Finance Walk Into a Bar” Home

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September 8, 2026

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After becoming a hit in Cape Town and Johannesburg, the event makes its US debut in Maryland with Sage on September 24

FREDERICK, Md., Sept. 8, 2026 /PRNewswire/ — In 2006, two college students started a bookkeeping practice from the attic of a rented house in Maryland. They had $1,500 in the bank and no clients, so they placed an advertisement on Craigslist. One of them was Matt Lescault, now CEO of TydeCo.

That practice became Lescault & Walderman, moved to a fully virtual model in 2010 and expanded from outsourced accounting into software implementation, integration and data.

Twenty years later, the company is TydeCo, operating in four countries with teams across 10 time zones.

This September, TydeCo will bring an idea shaped through that global growth back to the state where the business began. “HR & Finance Walk Into a Bar” makes its US debut September 24 after successful events in Cape Town and Johannesburg, with Sage joining TydeCo for the afternoon.

The complimentary event takes place from 2 p.m. to 5 p.m. at Charley’s Chesapeake Chophouse, Rio Lakefront in Gaithersburg. Designed for finance, HR and payroll leaders, owners and senior decision makers, it combines business conversations with four courses, paired drinks and live magic woven into one continuous story.

The concept was influenced in part by what happens when people leave the structure of the working day. Although TydeCo has operated virtually since 2010, Director of Marketing, Becky Clawson and Lescault occasionally meet at Charley’s when a conversation needs more room than a scheduled video call allows.

“When you sit down at your desk, you are automatically thinking about emails and everything that needs to be checked off,” Clawson said. “When you step outside that environment and talk face to face, your mindset opens. The best conversations and brainstorms happen when you are no longer in that preprogrammed thought process.”

The name “HR & Finance Walk Into a Bar” borrows from one of comedy’s most recognizable setups. And TydeCo put HR and finance at the center because the two functions make decisions about the same organization while often working with different information and separate systems.

“When the right people are part of the conversation, the outcome is better because everyone hears it firsthand and creates the answer together,” Clawson said.

That idea carries through the format. Speakers from finance, HR and payroll share real business experiences, while food, drinks and live magic develop alongside the conversation.

“This is not a business card exchange. This is not a 30-second elevator pitch. This is an experience,” Clawson said.

TydeCo first introduced the format in Cape Town before taking it to Johannesburg. The response established it as one of the company’s signature events and led to the decision to bring it to the US.

“We used South Africa as the test bed and asked whether the concept had legs. Resoundingly, it did,” Clawson said. “What stayed with me was the curiosity. People were willing to step outside the box and consider a business problem in a completely different way.”

During one South African event, guests entered different calculations into their phones. Each followed a different sequence, but when everyone pressed equal, every screen displayed the same number.

“That same number represents the core mission and vision we show up for every single day,” Clawson said. “We may come at the problem differently, but ultimately we are working toward the same outcome.”

The event’s move from South Africa to the US mirrors TydeCo’s own growth. In 2022, Lescault & Walderman acquired a majority stake in AWCape, a South African Sage Platinum Partner, and a minority stake in Applico, a Sage training specialist. The businesses began collaborating across US and African projects before coming together under the TydeCo name, chosen in reference to the tides connecting the continents.

Today, the teams work together across finance, HR and operational technology, supported by TydeCo’s Better Together value.

That value will be reflected in Maryland through TydeCo’s relationship with Sage and integrating them into to the same story rather than appearing as separate sponsor. Representatives from Sage will be attending.

Sage has been part of TydeCo’s evolution from an accounting practice into a global business systems partner. Sage Intacct will bring the financial management and enterprise resource planning perspective to the conversation, alongside human capital management technology.

The Maryland event will explore reporting clarity, accountability and connected data through contributions from Sage and TydeCo.

For TydeCo, however, the real measure of the event comes after the final performance.

“Where the real magic happens is seeing teams move from a conversation with their HR or finance counterpart into actually implementing new technology, new processes and more efficient ways to work together,” Clawson said.

“HR & Finance Walk Into a Bar” takes place from 2 p.m. to 5 p.m. on September 24, 2026, at Charley’s Chesapeake Chophouse, Rio Lakefront, Gaithersburg. Attendance is complimentary and limited.

Registration is available at tydeco.com/event/maryland-event-september. A Boston edition will follow in October.

About TydeCo

TydeCo is a global business transformation partner helping organizations connect finance, people and operational systems. Its services include software implementation and support, integration and automation, data and analytics, and outsourced bookkeeping, controller and CFO services. TydeCo operates in four countries, with teams working across 10 time zones.

tydeco.com

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SOURCE TydeCo

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Regpack Introduces Program Insights, Built Around the People Programs Serve

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September 8, 2026

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SAN DIEGO, Sept. 8, 2026 /PRNewswire/ — Regpack, an online registration and payment platform, today announced Program Insights, an intuitive real-time dashboard that shows directors what is happening with their enrollment and their families while a season is still in motion.

For program directors and staff, registration is not a data point. It’s a kid who signed up, a family who came back, a seat that got filled. Program Insights is built around that. Directors can watch enrollment percentages fill in, class by class, as sign-ups arrive, see which sessions are close to full and which still have room, and see which families from last season have returned and which haven’t.

Additionally, it shows where people stop partway through signing up. If a class loses most of its interest at a particular step, that step becomes visible, and a director can change the form, the wording, or the price and see whether the next group makes it through. The rough spots stop being a mystery.

Every view comes with a short AI summary read of what it means and next steps, so directors and staff aren’t left interpreting a chart between pickup and payroll.

“Nobody starts a program because they love spreadsheets. They do it for the kids in the room, the attendees they bring in,” said Asaf Darash, founder of Regpack. “Directors already know their families better than any dashboard will. What they have asked us for is a faster way to see who is missing, who is coming back, and where a program needs attention, so the time goes to the students instead of the reporting.”

Program Insights is available now to Regpack customers on tiered packages

https://www.regpacks.com/features/registration-reporting/program-insights-dashboard

About Regpack

Regpack is an online registration and payment platform built for the people who run programs. Camps, after-school and enrichment programs, schools, nonprofits, and event organizers use it to handle sign-ups, collect payments, and manage participant information in one place.

Media Contact

Mandi Rogers, Marketing Director, Regpack – mandi@regpacks.com 

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Consumer Watchdog Alert Calls Out PG&E’s Bailout And PG&E CEO’s Misrepresentation

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September 8, 2026

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SACRAMENTO, Calif., Sept. 8, 2026 /PRNewswire/ — A new Consumer Alert video published by Consumer Watchdog exposes the “bailout blackmail” that PG&E is engaging in to force the legislature to approve a bailout for the company in a special session. The company is cutting back on $2 billion in infrastructure that ratepayers have already paid for unless it gets a bailout, which the legislature has refused to do in its regular session.

The short video features an interview with former California Public Utilities Commission (PUC) President Loretta Lynch alleging that PG&E CEO Patti Poppe lied in a video. Poppe said that PG&E could not provide new services because it would cost it too much in borrowing costs. Lynch pointed out PG&E had already been paid for the new equipment in approved rate hikes with a 10% markup and the cost of taxes on the equipment.

Consumer Watchdog has petitioned the PUC to issue an order to show cause.

Watch the video.

“It’s bailout blackmail,” said former President of the California Public Utilities Commission Loretta Lynch in the Consumer Alert video. “The utility wanted, regardless of whether its negligence caused damage, to not be held liable for that damage, and thankfully the legislature said no. PG&E is trying to browbeat California policy makers into giving PG&E a get out of jail free card for its own liability.”

The Consumer Alert takes issue with this video statement published by PG&E CEO Patti Poppe: “PG&E collects money from customers through rates every year. We use nearly all of that to operate and maintain the existing gas and electric equipment. But that is not enough to build new equipment to keep people safe and energy reliable. That’s why we must raise billions of dollars more every year.”

Lynch responds in the Consumer Alert: “That’s bull. Ratepayers already pay for every single penny PG&E spends. Ratepayers pay $19 billion. In addition, ratepayers pay 10% on every single piece of equipment or power plant or physical infrastructure that they build, own, or maintain. We also pay the taxes on that 10%. So ratepayers end up paying 15 cents out of every dollar we pay for PG&E’s profit and to pay PG&E taxes on their own profit.”

Pope has said that if the legislature approves liability relief in bailout legislation she will spend the $2 billion she is withholding. Consumer Watchdog’s petition to the PUC asks for the Commission to require PG&E to answer why it is withholding the use of dollars ratepayers are already paying for and force a refund or to have those dollars spent.

“PG&E is just choosing to hold us hostage in order to get legal changes that will exempt itself from liability for its own negligence,” said Lynch. “So we need to just say no to PG&E. PG&E enjoys monopoly status because it has entered into a legal duty to serve all customers and to keep us safe. PG&E has plenty of money to do that. And if they don’t, let’s audit their books and see where they’re stashing the cash.”

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SOURCE Consumer Watchdog

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