What Is the Projected Growth of the North America Data Center Cooling Market?

The North America Data Center Cooling Market Growth has been experiencing substantial momentum in recent years. The North America data center cooling market size was valued at USD 5.90 billion in 2023. The market is projected to grow from USD 6.55 billion in 2024 to USD 14.95 billion by 2032, exhibiting a CAGR of 10.9% during the forecast period. This report explores key market trends, major growth drivers, and detailed market segmentation by [key segment categories].

The North America data center cooling market is growing due to increasing data processing demands and energy-efficient cooling innovations. AI-driven climate control, liquid cooling solutions, and smart airflow management are optimizing data center performance. With cloud computing expansion, demand for cooling systems is rising.

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Which Companies Are Leading in the North America Data Center Cooling Market?

Major companies operating in the semiconductor machinery market include Asetek Inc. (Denmark), Daikin Industries, Ltd. (Japan), Danfoss (Denmark), Johnson Controls (Ireland), Madison Air (U.S.), Mitsubishi Electric Corporation (Japan), MODINE MANUFACTURING COMPANY (U.S.), Schneider Electric (France), STULZ GmbH (Germany), Thermal Care (U.S.), Vertiv Group Corp. (U.S.)

Key highlights of the Report:

• Market Performance

• Market Outlook

• COVID-19 Impact on the Market

• Porter's Five Forces Analysis

• Historical, Current and Future Market Trends

• Market Drivers and Success Factors

• SWOT Analysis

• Structure of the Market

• Value Chain Analysis

• Comprehensive Mapping of the Competitive Landscape

What comprehensive insights does the research report on North America Data Center Cooling provide, and which regions are analyzed in detail?

The research report on North America Data Center Cooling provides a comprehensive assessment of the market, offering strategic insights into future trends, growth drivers, supplier and demand landscapes, year-over-year (Y-o-Y) growth, compound annual growth rate (CAGR), and pricing dynamics. It also incorporates key business analytical frameworks such as Porter’s Five Forces, PESTLE Analysis, Value Chain Analysis, 4 Ps (Product, Price, Place, Promotion), Market Attractiveness Index, BPS (Basis Point Share) Analysis, and Ecosystem Mapping. Additionally, the report provides an in-depth regional analysis across major geographical markets, including:

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Australia, Rest of Asia Pacific)
• South America (Brazil, Argentina, Rest of South America)
• Middle East & Africa (UAE, Saudi Arabia, South Africa, Rest of MEA)
• These insights empower stakeholders to understand market dynamics, identify growth opportunities, and make strategic decisions across regions.

What Are the Recent Industry Developments in the North America Data Center Cooling Market?

• Daikin expanded its data center cooling offerings owing to the burgeoning growth in data generation. According to industry forecasts, the data center market is expected to grow at 10% annually, with an estimated USD 49 billion investment in new facilities by the decade's end, driven by AI and cloud computing, boosting demand for advanced cooling solutions.
• Thermal Works unveiled its advanced waterless cooling system for the rapidly evolving data center industry. This effective modular design aims to renovate traditional data center operations by minimizing energy consumption and eliminating water usage in cooling. The company started delivering its integrated cooling system to clients.
• Thermal Care announced the update of their chiller product portfolio with EPA-approved low Global Warming Potential (GWP) refrigerants R-513A and R-454B. This proactive step aligned with impending legislation aims at phasing out high-GWP refrigerants linked to climate change. Governments worldwide are implementing regulations to transition away from refrigerants such as R-134a and R-410A, commonly used in chillers, due to their significant contribution to global warming.
• Johnson Controls unveiled Cooling as a Service (CaaS), a revolutionary capital-free solution that covers the entire cooling lifecycle, from upgrades to ongoing maintenance, transforming the cooling industry.
• The Modine’s Rockbridge facility (Virginia) announced the commissioning of a cutting-edge 5MW testing laboratory, enhancing the capabilities of Airedale by Modine to cater to the evolving needs of data center customers. This expansion addressed the growing demand within the data center industry for verified, sustainable cooling solutions. The established laboratory is equipped to conduct comprehensive testing of air conditioning equipment, with water-cooled chillers up to 5MW and air-cooled chillers up to 2.1MW.

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