05
Cooling
Thermal management at every scale — from cold plates on the chip, through rack-level liquid cooling loops, to building-scale chillers, cooling towers, and water treatment. The layer that made air cooling obsolete.
35companies
3sub-roles
Liquid Cooling & Thermal Management
23 companiesAMEAMETEK, Inc.Thermal management systemsAPAmpco-Pittsburgh Corp.Heat exchanger manufacturerCRCrane CompanyFluid handling equipment makerDCIDonaldson Company, Inc.Filtration and cooling systemsDOVDover CorporationIndustrial fluid and cooling equipmentECLEcolab IncWater and cooling treatment servicesFELEFranklin Electric Co., Inc.Pumps and fluid handling systemsFLSFlowserve CorporationIndustrial pumps and valvesGRCThe Gorman-Rupp CompanyPumps and pumping systemsGTESGates Industrial Corporation plcIndustrial belts and hosesGTXGarrett Motion Inc.Turbochargers and thermal systemsHLIOHelios Technologies, Inc.Hydraulic and electronic controlsIEXIDEX CorporationFluid handling and dispensing equipmentIRIngersoll Rand Inc.Compressors and vacuum systemsKULRKULR Technology Group, Inc.Battery thermal management solutionsNWPXNWPX Infrastructure, Inc.Pipe and infrastructure productsONTOnterris, Inc.Fluid handling and cooling systemsPHParker-Hannifin CorporationMotion and cooling systems makerPPIHPerma-Pipe International Holdings, Inc.Pre-insulated piping systemsVLTOVeralto CorporationWater quality and analytics systemsVRTVertiv Holdings CoData center cooling and powerWTSWatts Water Technologies, Inc.Water and thermal management productsZWSZurn Elkay Water Solutions CorporationWater solutions and filtration
HVAC & Building Cooling
9 companiesAAONAAON, Inc.HVAC and cooling equipmentAIRJAirJoule Technologies CorporationAir conditioning and dehumidificationCARRCarrier Global CorporationHVAC and refrigeration systemsJCIJohnson Controls International plcBuilding cooling and controlsMAIRMadison Air Solutions CorporationAir handling and filtration systemsMLIMueller Industries, Inc.Copper and HVAC componentsMODModine Manufacturing CompanyThermal management and HVAC systemsSPXCSPX Technologies, Inc.HVAC and thermal equipmentTTTrane Technologies plcHVAC and building climate systems
Water & Filtration
3 companiesDeep teardownComing soon
Inside the cooling layer
A full physical decomposition of this layer of the buildout — what goes where, who makes it, and where the bottlenecks are. Links here when the teardown publishes under Learn.