How big is the Data Center Cooling Market?

The Data Center Cooling Market size is expected to reach USD 16.56 billion in 2024 and grow at a CAGR of 15.82% to reach USD 34.51 billion by 2029. Read More

What is the current Data Center Cooling Market size?

In 2024, the Data Center Cooling Market size is expected to reach USD 16.56 billion. Read More

Who are the key players in Data Center Cooling Market?

Stulz GmbH, Rittal GmbH & Co. KG, Vertiv Group Corp., Asetek A/S and Alfa Laval AB are the major companies operating in the Data Center Cooling Market. Read More

Which is the fastest growing region in Data Center Cooling Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Data Center Cooling Market?

In 2024, the North America accounts for the largest market share in Data Center Cooling Market. Read More

What years does this Data Center Cooling Market cover, and what was the market size in 2023?

In 2023, the Data Center Cooling Market size was estimated at USD 13.94 billion. The report covers the Data Center Cooling Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Data Center Cooling Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key factors driving the Data Center Cooling Market?

Major factors driving the Data Center Cooling Market include a) Rising amount of data generated by industries b) Increasing adoption of cloud services c) Need for energy-efficient cooling solutions Read More

Data Center Cooling Market Size, Share, and Overview for Growth Analysis and Forecast

Data Center Cooling Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Global Data Center Cooling Market Report is Segmented by Solution (Air Cooled, Liquid Cooled, Chillers, Economizer Systems, and Row/Rack/Door/Overhead Cooling Systems), Service (Installation and Deployment, and Consulting, Support, and Maintenance Services), End-User Vertical (Information Technology, BFSI, Telecommunication, Healthcare, and Government), and Geography. The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Data Center Cooling Industry Overview

The data center cooling market is fragmented in nature, with the presence of several major players. With the increasing focus on innovation, the demand for new technologies is growing, which, in turn, is driving investments for further developments. Key players in the market include Daikin Industries Ltd, Schneider Electric SE, and Mitsubishi Electric Corporation.

March 2024: Boreas Technology, a specialist in data center cooling technologies, developed the Rear Door Cooling Device, which is designed for high-density environments. This innovation provides precision cooling with up to 50 kW capacity. Efficiency, sustainability, and industry-leading standards are offered with the rear door cooling device. This also allows efficient operation for cabinets expected to operate at high capacity and density in data centers, enabling effective heat management.
January 2024: Modine, a diversified global provider of innovative thermal management solutions, purchased the intellectual property and other specific assets of TMG Core, a specialist in single- and two-phase liquid immersion cooling technology for data centers with high-density computing requirements.