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Data centers

Data Center Cooling Market to Reach $24.19 Billion by 2032

Strategic Insights

— 1 min read

The global data center cooling market is expected to grow at a compound annual growth rate (CAGR) of 11.8 percent from 2025 to 2032, driven by the need for improving efficiency in data centers and an increase in the number of data centers across various end-use industries. The market is projected to reach $24.19 billion by 2032, up from $11.08 billion in 2025.

Key Takeaways:

  • The installation and deployment segment is anticipated to account for the second-largest market share during the forecast period, driven by the rising need for custom and energy-efficient cooling systems adapted to the evolving layout and operational demands of modern data centers.
  • Liquid cooling systems are poised to secure the second-largest share due to the surge in high-performance computing and AI applications, demanding advanced cooling for dense server architectures.
  • The competitive landscape is dominated by major players such as Vertiv Group Corp., Green Revolution Cooling, Inc., and Submer, who have adopted strategies such as acquisitions, expansions, partnerships, and agreements to increase their market share and business revenue.
  • The market is driven by factors including the need for improving efficiency in data centers, a spike in data center numbers, and the emergence of liquid cooling technology.
  • Key players have adopted strategies such as installations, deployments, and maintenance services to increase their market share and business revenue.
  • The market is expected to diversify with new products, emerging types, and untapped geographies.
  • The report provides comprehensive competitive assessment, including market shares, growth strategies, and product offerings by major players.

Statistics:

  • CAGR: 11.8 percent
  • Forecast period: 2025 - 2032
  • Estimated market value (USD) in 2025: $11.08 billion
  • Forecasted market value (USD) by 2032: $24.19 billion
  • Regions covered: global
  • Key topics covered: market dynamics, case studies, data center cooling market by component, data center type, end-use industry, solution, and service.

Sources:

  • "Data Center Cooling Market by Solution (Air Conditioning, Chilling Unit, Cooling Tower, Economizer System, Liquid Cooling System, Control System), Service, Type of Cooling, Data Center Type, End-use Industry, and Region - Global Forecast to 2032," ResearchAndMarkets.com

*https://www.researchandmarkets.com/r/xzzicb

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