With a MEUR 29 purchase price, Munters AB has purchased EDPAC, an Irish company that makes air handling and cooling solutions for data centers. In order to expand in the segment of prioritized data centres, Munters made the acquisition. With the acquisition, Munters, a pioneer in North America's market for energy-efficient data center cooling solutions, expands into Europe.
It was revealed that Silent-Aire had been fully acquired by Johnson Controls, a pioneer in smart, healthy, and sustainable buildings. For hyperscale cloud and colocation providers, Silent-Aire, with its headquarters in Edmonton, Alberta, specializes in the design, engineering, and production of specialized air handlers with a high degree of mission criticality and modular data centers. With an emphasis on quality, scalability, and speed-to-market, Silent-Aire's portfolio of data center solutions enables quick deployment of crucial equipment in various configurations.
Author Credits: Rushikesh, Richa Gupta
Report ID: 5096
Published Date: Jul 22, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are the surge in the adoption of IoT in air handling units, growth in the crowd in malls, and a rise in the number of data centers.
The market size of air handling units is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2023 – 2035.
The major players in the market are Daikin Industries, Ltd., Carrier Corporate, Trane Technologies Plc, Johnson Controls, and others.
The commercial segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.