The data center cooling market size was valued at US$ 15,431.02 million in 2024 and is expected to reach US$ 45,705.31 million by 2031; it is estimated to record a CAGR of 16.9% from 2025 to 2031.

The data center cooling market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. North America dominated the market in 2024, followed by APAC and Europe, respectively. In North America, the data center cooling market has seen substantial developments and innovations, driven by the rising adoption of cost-effective, energy-efficient, and environment-friendly cooling solutions in line with various stringent conservational safety rules offered by governmental bodies. Moreover, companies are launching products to contribute to the growth of the North America data center cooling market. For instance, in November 2023, Vertiv, a global provider of critical digital infrastructure and continuity solutions, introduced the Vertiv SmartMod Max CW, a prefabricated modular data center built to address the increasing demand for rapid deployment of computing in North America. This configurable and scalable solution supports up to 200kW of total IT load in a single system and utilizes chilled water cooling for low environmental impact and high energy efficiency in data center operations. The introduction of this solution aligns with the increasing need for efficient and rapid deployment of computing resources in the region. This development reflects the significant growth and innovation in the data center cooling market in North America, driven by the rising demand for energy-efficient and environmentally friendly cooling solutions.

In April 2024, Vertiv unveiled end-to-end AI power and cooling solutions to simplify data center infrastructure selection and deployment in North America. As Artificial Intelligence (AI) and High-Performance Compute (HPC) continue to disrupt the data center landscape, the company announced a new portfolio of high-density data center infrastructure solutions to support the higher cooling and power requirements of the accelerated computing IT stack. The new Vertiv 360AI solutions are designed to accelerate AI adoption through pre-engineered infrastructure solutions, digitized management, and end-to-end service, resulting in up to 2x faster deployment compared to typical infrastructure installation. The availability of data center cooling solutions in North America emphasizes the region's importance in driving advancements in data center infrastructure and cooling technologies.

The Asia Pacific data center cooling market is projected to experience highest growth rate from 2025 to 2031. The global data center market players expanding their business in Asia Pacific is one of the major factors fueling the market growth. The growing need for hyperscale data centers and cloud computing to analyze and store data in real-time propels the data center industry's growth, which results in increased demand for sustainable and energy-efficient data center cooling solutions. Further, government investments to bolster the data center industry boost the market growth in the region.

Asetek, Inc, Fujitsu Ltd, Mitsubishi Corp, Rittal GmbH and Co KG, Schneider Electric SE, Stulz SpA, Carrier Global Corp, Daikin Industries Ltd, Delta Electronics Inc, and Vertiv Group Corp. are among the key data center cooling market players that are profiled in this market study.

The overall data center cooling market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the data center cooling market size. the process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the data center cooling market.