Data Center Cooling Equipment Market Revenue was valued at USD 12.32 Billion in 2024 and is estimated to reach USD 18.25 Billion by 2033, growing at a CAGR of 5.1% from 2026 to 2033.
In 2022, the global data center cooling market was valued at USD 13.51 billion and is projected to reach USD 30.31 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 10.7% during the forecast period. North America led the market, with the United States accounting for approximately 95% of the regions investments. Europe followed, capturing over 22% of global revenue, with Germany contributing around 16% of the continents share. citeturn0search0turn0search1 The Asia Pacific region is anticipated to experience significant growth, driven by countries like China, Japan, and India, which are projected to grow at CAGRs of 21.9%, 18.7%, and 20.2%, respectively, from 2024 to 2030.Opportunities in the data center cooling market are emerging due to the increasing adoption of advanced technologies such as liquid based cooling systems, which offer enhanced energy efficiency. For instance, in January 2023, NTT deployed liquid immersion and direct contact liquid cooling technologies in its Navi Mumbai Data Center, achieving up to a 30% increase in energy efficiency compared to traditional systems. Additionally, the growing demand for data storage and processing, particularly in the IT and telecom sectors, is propelling the need for innovative cooling solutions to manage high density IT equipment effectively.
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Vertiv
Envicool
YMK
Shenling
Stulz
Canatal
Schneider
iTeaq
Huawei
Airsys
Climaveneta
Hairf
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Data Center Cooling Equipment Market
Air-Based Cooling Systems
Liquid-Based Cooling Systems
Hybrid Cooling Systems
Precision Cooling
Chilled Water Systems
Evaporative Cooling
Direct-to-Chip Cooling
CRAC (Computer Room Air Conditioning) Units
Chillers
Cooling Towers
Heat Exchangers
IT & Telecommunications
Banking, Financial Services, and Insurance (BFSI)
Government and Defense
Healthcare
Energy & Utilities
Data Centers
Telecom Rooms
Server Farms
Cloud Computing Facilities
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Data Center Cooling Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Data Center Cooling Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Data Center Cooling Equipment Market, By Type
6. Global Data Center Cooling Equipment Market, By Application
7. Global Data Center Cooling Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Data Center Cooling Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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