データセンター冷却市場 – 2032年までの世界予測

Data Center Cooling Market - Global Forecast To 2030

データセンター冷却市場 - ソリューション(空調、チリングユニット、冷却塔、エコノマイザシステム、液体冷却システム、制御システム)、サービス、冷却方式、データセンターの種類、最終用途産業、地域別 - 2032年までの世界予測

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

商品番号 : SMB-50087

出版社MarketsandMarkets
出版年月2025年8月
ページ数300
図表数371
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本レポートは、データセンターの種類、冷却方式、サービス、ソリューション、最終用途産業、コンポーネント、地域に基づいて、データセンター冷却市場を定義、セグメント化し、予測しています。市場の成長に影響を与える主要要因(促進要因、制約要因、機会、課題など)に関する詳細な情報を提供しています。データセンター冷却メーカーを戦略的にプロファイリングし、市場シェアとコアコンピテンシーを包括的に分析するとともに、市場における各社の事業拡大、提携、製品投入といった競合動向を追跡・分析しています。

世界のデータセンター冷却市場は、2025年の110億8,000万米ドルから2032年には241億9,000万米ドルに拡大し、予測期間中に年平均成長率(CAGR)11.8%で成長すると予測されています。市場を牽引する要因としては、データセンターの効率向上ニーズや、IT・通信、BFSI、政府・防衛、研究・学術、ヘルスケア、製造、小売、エネルギーなど、様々なエンドユーザー産業におけるデータセンター数の増加などが挙げられます。

The global data center cooling market is projected to grow from USD 11.08 billion in 2025 to USD 24.19 billion by 2032, at a CAGR of 11.8% during the forecast period. The market is driven by factors including the need for improving efficiency in data centers and an increase in the number of data centers across various end-use industries, including IT & telecom, BFSI, government & defense, research & academic, healthcare, manufacturing, retail, energy, and other industries.

データセンター冷却市場 - 2032年までの世界予測 - chosareport.com
data-center-cooling-solutions-market-Overview

“Installation and deployment segment, by service, is estimated to account for the second-largest share of the market during the forecast period.”

The installation and deployment segment, by service, is projected to account for the second-largest share in the data center cooling market during the forecast period. This growth is driven by the rising demand for customized and energy-efficient cooling systems that are tailored to the specific layout and operational requirements of modern data centers. As data centers expand in size and complexity, especially hyperscale and colocation facilities, organizations increasingly rely on specialized service providers for the seamless integration of advanced cooling technologies such as liquid cooling, direct-to-chip cooling, and containment systems.

The installation and deployment phase is crucial as it directly impacts the overall performance, uptime, and energy efficiency of the cooling infrastructure. It involves not only setting up physical cooling units but also integrating them with the data center’s power systems, environmental monitoring tools, and control systems. Additionally, with the growing emphasis on sustainability and regulatory compliance, professional deployment ensures that cooling systems meet green building certifications and carbon reduction goals.

データセンター冷却市場 - 2032年までの世界予測 - region
data-center-cooling-solutions-market-Region

“Liquid cooling systems, by solution, is estimated to account for the second-largest share of the market during the forecast period.”

The liquid cooling systems segment, by solution, is projected to hold the second-largest share of the data center cooling market during the forecast period. This growth is fueled by the increasing adoption of high-performance computing, AI, and dense server architectures that generate significant heat, requiring more efficient cooling methods than traditional air systems. Liquid cooling offers superior thermal management, reduced energy consumption, and better space utilization, making it ideal for modern, high-density data centers. As operators seek sustainable and cost-effective solutions, liquid cooling is emerging as a critical component in next-generation data center infrastructure.

Profile break-up of primary participants for the report:

  • By Company Type: Tier 1 – 16%, Tier 2 – 36%, and Tier 3 – 48%
  • By Designation: C-level– 16%, Director Level– 24%, and Others – 60%
  • By Region: North America – 36%, Europe – 24%, Asia Pacific – 20%, Middle East & Africa – 12%, and South America – 8%

Vertiv Group Corp. (US), Green Revolution Cooling, Inc. (US), Submer (Spain), Asperitas (Netherlands), and COOLIT Systems (Canada) are some of the major players operating in the data center cooling market. These players have adopted strategies such as acquisitions, expansions, partnerships, and agreements to increase their market share and business revenue.

データセンター冷却市場 - 2032年までの世界予測 - ecosystem
data-center-cooling-solutions-market-Ecosystem

Research Coverage:

The report defines, segments, and projects the data center cooling market based on data center type, type of cooling, service, solution, end-use industry, component, and region. It provides detailed information regarding the major factors influencing the growth of the market, such as drivers, restraints, opportunities, and challenges. It strategically profiles data center cooling manufacturers and comprehensively analyzes their market shares and core competencies, as well as tracks and analyzes competitive developments, such as expansions, partnerships, and product launches, undertaken by them in the market.

Reasons to Buy the Report:

The report is expected to help the market leaders/new entrants in the market by providing them with the closest approximations of revenue numbers of the data center cooling market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses, and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (need for improving efficiency in data centers, significant growth in number of data centers), restraints (high capital investment, requirement of specialized infrastructure), opportunities (emergence of liquid cooling technology, growing requirement for modular data center cooling, and development of innovative cooling techniques), and challenges (cooling challenges during power outage and necessity of reducing carbon emissions) influencing the growth of the data center cooling market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities in the data center cooling market.
  • Market Development: Comprehensive information about lucrative markets – the report analyzes the data center cooling market across varied regions.
  • Market Diversification: Exhaustive information about new products, various types, untapped geographies, recent developments, and investments in the data center cooling market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players such as Carrier (US), Trane Technologies PLC (Ireland), Alfa Laval (Sweden), Daikin Industries Ltd. (Japan), Super Micro Computer Inc. (US), DCX Liquid Cooling Systems (Poland), Johnson Controls, Inc. (US), Modine (US), BOYD (US), Schneider Electric (France), STULZ GMBH (Germany), Delta Power Solution (Taiwan), Vertiv group Corp (US), COOLIT Systems (Canada), Rittal GmbH & Co. KG (Germany), Green Revolution Cooling Inc. (US), Iceotope Precision Liquid Cooling (UK), DUG Technology (Australia), Submer (Spain), Midas Immersion Cooling (US), Chilldyne Inc. (US), Asperitas (Netherlands), Munters (Sweden), Black Box (US), LiquidStack Holdings B.V. (US), Liquid Cool Solutions (US), Mitsubishi Electric Corporation (Japan), Flex Ltd (US), and others in the data center cooling market.

Table of Contents

1               INTRODUCTION              31

1.1           STUDY OBJECTIVES       31

1.2           MARKET DEFINITION   31

1.3           INCLUSIONS & EXCLUSIONS       32

1.3.1        DATA CENTER COOLING MARKET, BY REGION: INCLUSIONS & EXCLUSIONS       32

1.3.2        DATA CENTER COOLING MARKET, BY COMPONENT: INCLUSIONS

& EXCLUSIONS 32

1.3.3        DATA CENTER COOLING MARKET, BY SOLUTION: INCLUSIONS

& EXCLUSIONS 32

1.3.4        DATA CENTER COOLING MARKET, BY SERVICE: INCLUSIONS & EXCLUSIONS       33

1.3.5        DATA CENTER COOLING MARKET, BY TYPE OF COOLING: INCLUSIONS

& EXCLUSIONS 33

1.3.6        DATA CENTER COOLING MARKET, BY DATA CENTER TYPE: INCLUSIONS

& EXCLUSIONS 33

1.3.7        DATA CENTER COOLING MARKET, BY END-USE INDUSTRY: INCLUSIONS

& EXCLUSIONS 34

1.4           MARKET SCOPE                34

1.4.1        MARKET SEGMENTATION           35

1.5           YEARS CONSIDERED      36

1.6           CURRENCY CONSIDERED            36

1.7           STAKEHOLDERS               36

1.8           RESEARCH LIMITATIONS             37

1.9           SUMMARY OF CHANGES               37

2               RESEARCH METHODOLOGY       38

2.1           RESEARCH DATA              38

2.1.1        SECONDARY DATA          39

2.1.1.1    Key data from secondary sources       39

2.1.2        PRIMARY DATA 39

2.1.2.1    Key data from primary sources           40

2.1.2.2    Key industry insights           41

2.1.2.3    Breakdown of primary interviews      41

2.1.2.4    List of participating companies for primary research     42

2.2           MARKET SIZE ESTIMATION         42

2.2.1        TOP-DOWN APPROACH                42

2.2.2        BOTTOM-UP APPROACH              43

2.3           BASE NUMBER CALCULATION   43

2.3.1        FORECAST NUMBER CALCULATION       44

2.4           DATA TRIANGULATION                44

2.5           GROWTH RATE ASSUMPTIONS/GROWTH FORECAST                 45

2.6           RESEARCH ASSUMPTIONS           46

2.7           RISK ASSESSMENT           46

2.8           FACTOR ANALYSIS          47

3               EXECUTIVE SUMMARY  48

4               PREMIUM INSIGHTS       52

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DATA CENTER COOLING MARKET       52

4.2           DATA CENTER COOLING MARKET, BY DATA CENTER TYPE     52

4.3           NORTH AMERICA: DATA CENTER COOLING MARKET, BY COMPONENT AND COUNTRY              53

4.4           DATA CENTER COOLING MARKET, BY KEY COUNTRY                 53

5               MARKET OVERVIEW       54

5.1           INTRODUCTION              54

5.2           MARKET DYNAMICS       54

5.2.1        DRIVERS               55

5.2.1.1    Need for improving efficiency in data centers 55

5.2.1.2    Significant growth in number of data centers  56

5.2.2        RESTRAINTS      56

5.2.2.1    High capital investment       56

5.2.2.2    Requirement of specialized infrastructure        56

5.2.3        OPPORTUNITIES              57

5.2.3.1    Emergence of liquid cooling technology           57

5.2.3.2    Growing requirement for modular data center cooling  57

5.2.3.3    Development of innovative cooling techniques               57

5.2.4        CHALLENGES    58

5.2.4.1    Cooling challenges during power outage          58

5.2.4.2    Necessity of reducing carbon emissions            58

5.3           PORTER’S FIVE FORCES ANALYSIS           58

5.3.1        BARGAINING POWER OF SUPPLIERS       59

5.3.2        THREAT OF NEW ENTRANTS      60

5.3.3        THREAT OF SUBSTITUTES          60

5.3.4        BARGAINING POWER OF BUYERS             61

5.3.5        INTENSITY OF COMPETITIVE RIVALRY 61

5.4           SUPPLY CHAIN ANALYSIS             61

5.4.1        DATA CENTER ORIGINAL EQUIPMENT MANUFACTURERS           62

5.4.2        DATA CENTER ORIGINAL DESIGN MANUFACTURERS                 62

5.4.3        DATA CENTER COOLING ORIGINAL EQUIPMENT MANUFACTURERS           63

5.4.4        SYSTEM INTEGRATORS 63

5.4.5        VALUE-ADDED SERVICE PROVIDERS      63

5.4.6        END USERS         63

5.5           REGULATORY LANDSCAPE         64

5.5.1        INTRODUCTION              64

5.5.2        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             64

5.5.3        STANDARDS AND GUIDELINES FOR DATA CENTER COOLING            64

5.5.3.1    American National Standards Institute             64

5.5.3.2    American Society of Heating, Refrigerating and Air-conditioning Engineers               65

5.5.3.3    Joint Research Center of European Commission             65

5.5.3.4    Distributed Management Task Force                65

5.5.3.5    Telecommunication Industry Association        65

5.5.3.6    National Electrical Manufacturers Association                65

5.5.3.7    Canadian Standards Association Group            65

5.5.3.8    Underwriters’ Laboratory    65

5.5.3.9    Factory Mutual (FM) Approvals        66

5.5.3.10  United States Department of Energy                66

5.5.3.11  United States Environmental Protection Agency            66

5.5.3.12  Statement on Standards for Attestation Engagements No. 16                 66

5.5.3.13  International Standards Compliance 66

5.6           PATENT ANALYSIS          68

5.6.1        MAJOR PATENTS              69

5.7           CASE STUDY      70

5.7.1        CASE STUDY 1: REDUCTION IN DATA CENTER ENERGY SPENDING BY ADOPTING IMMERSION COOLING             70

5.7.2        CASE STUDY 2: BETTER PER RACK POWER DENSITY AND SCALABILITY           70

5.7.3        CASE STUDY 3: IMPROVEMENT IN POWER USAGE EFFECTIVENESS               71

5.8           KEY STAKEHOLDERS & BUYING CRITERIA            71

5.8.1        KEY STAKEHOLDERS IN BUYING PROCESS           71

5.8.2        BUYING CRITERIA           72

5.9           ECOSYSTEM ANALYSIS  73

5.10         TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS            74

5.11         TECHNOLOGY ANALYSIS             75

5.12         KEY TECHNOLOGIES     75

5.12.1      AIR COOLING    75

5.12.2      LIQUID COOLING            76

5.13         ADJACENT TECHNOLOGY           77

5.13.1      THERMOELECTRIC COOLING    77

5.13.2      ON-CHIP COOLING/EMBEDDED MICROFLUIDICS                 78

5.14         COMPLEMENTARY TECHNOLOGY           78

5.14.1      ADVANCED THERMAL INTERFACE MATERIALS 78

5.14.2      LIQUID LEAK DETECTION & CONTAINMENT SYSTEMS                 79

5.15         INVESTMENT AND FUNDING SCENARIO               80

5.16         KEY CONFERENCES & EVENTS IN 2025–2026          80

5.17         IMPACT OF AI ON DATA CENTER COOLING MARKET                 81

5.18         AI-DRIVEN COOLING OPTIMIZATION    81

5.19         SHIFT TO ADVANCED LIQUID COOLING TECHNOLOGIES               81

5.20         PREDICTIVE MAINTENANCE AND SYSTEM RELIABILITY                 81

5.21         SUSTAINABILITY AND REGULATORY COMPLIANCE                 82

5.22         ECONOMIC AND INVESTMENT OPPORTUNITIES                 82

5.23         CHALLENGES AND FUTURE OUTLOOK 82

5.24         GLOBAL MACROECONOMIC OUTLOOK                83

5.24.1      GDP       83

5.25         IMPACT OF 2025 US TARIFF ON DATA CENTER COOLING MARKET               85

5.25.1      KEY TARIFF RATES          85

5.25.2      PRICE IMPACT ANALYSIS             86

5.25.3      IMPACT ON MAJOR COUNTRY/REGION                 87

5.25.3.1  US           87

5.25.3.2  Europe   88

5.25.3.3  Asia Pacific            88

6               DATA CENTER COOLING MARKET, BY COMPONENT                 89

6.1           INTRODUCTION              90

7               DATA CENTER COOLING MARKET, DATA CENTER TYPE                 91

7.1           INTRODUCTION              92

7.2           MID-SIZED DATA CENTERS         93

7.2.1        WIDE ADOPTION BY SMES TO INCREASE DEMAND                 93

7.3           ENTERPRISE DATA CENTERS     94

7.3.1        HIGH POWER CONSUMPTION MANDATES USE OF EFFICIENT

COOLING SOLUTIONS  94

7.4           LARGE DATA CENTERS 95

7.4.1        HIGH SERVER DENSITIES AND NEED FOR OPTIMUM COOLING

SOLUTIONS TO DRIVE DEMAND              95

8               DATA CENTER COOLING MARKET, END-USE INDUSTRY                 96

8.1           INTRODUCTION              97

8.2           BFSI       98

8.2.1        ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR DATA

CENTER COOLING IN BFSI SEGMENT     98

8.3           IT & TELECOM  99

8.3.1        GROWING DEMAND FOR EFFICIENT AND SECURE DATA CENTERS

TO DRIVE MARKET         99

8.4           RESEARCH & ACADEMIC               100

8.4.1        INCREASING DEMAND FOR INNOVATIVE COOLING SOLUTIONS

TO SUPPORT MARKET  100

8.5           GOVERNMENT & DEFENSE         101

8.5.1        GOVERNMENT INITIATIVES TOWARD DIGITALIZATION TO INCREASE DEMAND                101

8.6           RETAIL 102

8.6.1        INCREASING FOCUS BY RETAIL SECTOR TO ENHANCE IT INFRASTRUCTURE

TO SUPPORT MARKET GROWTH              102

8.7           ENERGY                103

8.7.1        INCREASING EMPHASIS ON SUSTAINABLE & ENERGY-EFFICIENT

DATA CENTER COOLING SOLUTIONS TO DRIVE DEMAND                 103

8.8           MANUFACTURING          104

8.8.1        LOWER OPERATIONAL COSTS AND CAPITAL EXPENDITURE

TO DRIVE DEMAND        104

8.9           HEALTHCARE    105

8.9.1        GROWING DEMAND FOR CUSTOMIZED DATA SOLUTIONS TO DRIVE MARKET                105

8.10         OTHER END-USE INDUSTRIES   106

9               DATA CENTER COOLING MARKET, BY SERVICE 108

9.1           INTRODUCTION              108

9.2           CONSULTING    108

9.2.1        NEED TO MINIMIZE RISK AND INCREASE REVENUE TO DRIVE DEMAND               108

9.3           INSTALLATION & DEPLOYMENT              109

9.3.1        INCREASING ADOPTION OF INSTALLATION & DEPLOYMENT SERVICES WITNESSED WORLDWIDE        109

9.4           MAINTENANCE & SUPPORT        110

9.4.1        DOWNTIME RISK ASSOCIATED WITH DATA CENTER FAILURE TO DRIVE ADOPTION OF MAINTENANCE & SUPPORT SERVICES             110

10            DATA CENTER COOLING MARKET, BY SOLUTION                 112

10.1         INTRODUCTION              112

10.2         AIR CONDITIONING       113

10.2.1      LOW INSTALLATION & MAINTENANCE COSTS TO DRIVE DEMAND               113

10.3         CHILLING UNITS              114

10.3.1      LESS COST AND BETTER PERFORMANCE CHARACTERISTICS

TO INCREASE ADOPTION            114

10.4         COOLING TOWERS         115

10.4.1      COST-EFFECTIVE COOLING SOLUTIONS TO DRIVE DEMAND             115

10.5         ECONOMIZER SYSTEMS                116

10.5.1      SIGNIFICANT ENERGY SAVING AND INCREASING ADOPTION

BY LARGE DATA CENTERS TO SUPPORT GROWTH          116

10.6         LIQUID COOLING SYSTEMS        117

10.6.1      HIGH EFFICIENCY SOLUTIONS TO DRIVE ADOPTION                 117

10.7         CONTROL SYSTEMS       118

10.7.1      NECESSITY TO MONITOR & CONTROL COOLING UNITS IN DATA CENTERS LEADING TO DRIVE DEMAND             118

10.8         OTHER SOLUTIONS        119

11            DATA CENTER COOLING MARKET, BY TYPE OF COOLING            120

11.1         INTRODUCTION              121

11.2         ROOM-BASED COOLING               122

11.2.1      VARIOUS CONSTRAINTS WITH RESPECT TO LAYOUT DESIGN

TO LIMIT GROWTH        122

11.3         ROW/RACK-BASED COOLING    123

11.3.1      ADOPTION IN LARGE DATA CENTERS TO DRIVE MARKET               123

12            DATA CENTER COOLING MARKET, BY REGION 125

12.1         INTRODUCTION              126

12.2         ASIA PACIFIC     127

12.2.1      CHINA  133

12.2.1.1  Digital transformation to drive data center expansion and

data center cooling market 133

12.2.2      INDIA    134

12.2.2.1  Increasing internet users to drive rapid adoption of

data center cooling               134

12.2.3      JAPAN   135

12.2.3.1  Presence of large service providers to drive market        135

12.2.4      SOUTH KOREA  136

12.2.4.1  Data center infrastructural investments and digital revolution

to drive market      136

12.2.5      REST OF ASIA PACIFIC   137

12.3         NORTH AMERICA             137

12.3.1      US           143

12.3.1.1  Presence of IT and internet giants to drive market         143

12.3.2      CANADA               144

12.3.2.1  Increased digitization and huge data generation to drive adoption                 144

12.3.3      MEXICO                145

12.3.3.1  Exponential growth in data traffic to drive demand        145

12.4         EUROPE               146

12.4.1      GERMANY           152

12.4.1.1  Growth of data centers in IT and technology sectors to drive market    152

12.4.2      UK          153

12.4.2.1  Surge in data consumption and presence of major hyperscale sites

to fuel demand for efficient cooling solutions  153

12.4.3      NETHERLANDS 154

12.4.3.1  Favorable factors, such as tax exemption for green energy usage,

to drive market      154

12.4.4      FRANCE                155

12.4.4.1  Growth in ICT sector and focus on environmental sustainability

to drive market      155

12.4.5      ITALY    156

12.4.5.1  Rising demand for colocation data centers to boost market                 156

12.4.6      REST OF EUROPE             157

12.5         MIDDLE EAST & AFRICA                158

12.5.1      UAE        163

12.5.1.1  Increasing adoption of newer technologies to drive market                 163

12.5.2      SAUDI ARABIA  164

12.5.2.1  Demand for rugged data center solutions & managed services

and digitization to drive market         164

12.5.3      REST OF GCC     165

12.5.4      SOUTH AFRICA 166

12.5.4.1  Developed telecommunication infrastructure to fuel market                 166

12.5.5      REST OF MIDDLE EAST & AFRICA             167

12.6         SOUTH AMERICA             167

12.6.1      BRAZIL 172

12.6.1.1  Digital transformation to drive data center cooling market                 172

12.6.2      REST OF SOUTH AMERICA           173

13            COMPETITIVE LANDSCAPE         174

13.1         INTRODUCTION              174

13.2         STRATEGIES ADOPTED BY KEY PLAYERS              174

13.3         REVENUE ANALYSIS       176

13.4         MARKET SHARE ANALYSIS           176

13.4.1      RANKING OF KEY MARKET PLAYERS, 2024             176

13.4.2      MARKET SHARE OF KEY PLAYERS             177

13.5         BRAND/PRODUCT COMPARISON             179

13.6         COMPANY EVALUATION MATRIX (TIER 1), 2024                 181

13.6.1      STARS   181

13.6.2      EMERGING LEADERS     181

13.6.3      PERVASIVE PLAYERS      182

13.6.4      PARTICIPANTS 182

13.6.5      COMPANY FOOTPRINT: KEY PLAYERS, 2024         183

13.6.5.1  Company footprint               183

13.6.5.2  Region footprint   184

13.6.5.3  Type of cooling footprint    185

13.6.5.4  Solution footprint 186

13.7         STARTUP/SME EVALUATION MATRIX, 2024          187

13.7.1      PROGRESSIVE COMPANIES         187

13.7.2      RESPONSIVE COMPANIES            187

13.7.3      DYNAMIC COMPANIES  187

13.7.4      STARTING BLOCKS         187

13.7.5      COMPETITIVE BENCHMARKING               189

13.8         COMPANY VALUATION AND FINANCIAL METRICS                 190

13.9         COMPETITIVE SCENARIO AND TRENDS                191

13.9.1      PRODUCT LAUNCHES   191

13.9.2      DEALS  192

13.9.3      OTHER DEVELOPMENTS              193

14            COMPANY PROFILE        194

14.1         KEY PLAYERS     194

14.1.1      VERTIV GROUP CORP.   194

14.1.1.1  Business overview 194

14.1.1.2  Products/Solutions/Services offered 195

14.1.1.3  Recent developments           196

14.1.1.3.1                Product launches  196

14.1.1.3.2                Deals      196

14.1.1.4  MnM view              197

14.1.1.4.1                Key strengths        197

14.1.1.4.2                Strategic choices   198

14.1.1.4.3                Weaknesses and competitive threats 198

14.1.2      GREEN REVOLUTION COOLING, INC.    199

14.1.2.1  Business overview 199

14.1.2.2  Products/Solutions/Services offered 199

14.1.2.3  Recent developments           200

14.1.2.3.1                Product launches  200

14.1.2.3.2                Deals      201

14.1.2.4  MnM view              201

14.1.2.4.1                Key strengths        201

14.1.2.4.2                Strategic choices   202

14.1.2.4.3                Weaknesses and competitive threats 202

14.1.3      SUBMER               203

14.1.3.1  Business overview 203

14.1.3.2  Products/Solutions/Services offered 203

14.1.3.3  Recent developments           204

14.1.3.3.1                Product launches  204

14.1.3.3.2                Deals      204

14.1.3.3.3                Expansions             207

14.1.3.3.4                Others    207

14.1.3.4  MnM view              208

14.1.3.4.1                Key strengths        208

14.1.3.4.2                Strategic choices   208

14.1.3.4.3                Weaknesses and competitive threats 208

14.1.4      ASPERITAS          209

14.1.4.1  Business overview 209

14.1.4.2  Products/Solutions/Services offered 209

14.1.4.3  Recent developments           210

14.1.4.3.1                Product launches  210

14.1.4.3.2                Deals      211

14.1.4.3.3                Expansions             212

14.1.4.4  MnM view              212

14.1.4.4.1                Key strengths        212

14.1.4.4.2                Strategic choices   212

14.1.4.4.3                Weaknesses and competitive threats 212

14.1.5      COOLIT SYSTEMS            213

14.1.5.1  Business overview 213

14.1.5.2  Products/Solutions/Services offered 213

14.1.5.3  Recent developments           214

14.1.5.3.1                Product launches  214

14.1.5.3.2                Deals      214

14.1.5.3.3                Expansions             215

14.1.5.4  MnM view              216

14.1.5.4.1                Key strengths        216

14.1.5.4.2                Strategic choices   216

14.1.5.4.3                Weaknesses and competitive threats 216

14.1.6      DCX LIQUID COOLING SYSTEMS              217

14.1.6.1  Business overview 217

14.1.6.2  Products/Solutions/Services offered 217

14.1.6.3  Recent developments           218

14.1.6.3.1                Product launches  218

14.1.6.3.2                Others    219

14.1.7      ICEOTOPE PRECISION LIQUID COOLING              220

14.1.7.1  Business overview 220

14.1.7.2  Products/Solutions/Services offered 220

14.1.7.3  Recent developments           221

14.1.7.3.1                Product launches  221

14.1.7.3.2                Deals      221

14.1.8      SCHNEIDER ELECTRIC  223

14.1.8.1  Business overview 223

14.1.8.2  Products/Solutions/Services offered 224

14.1.8.3  Recent developments           225

14.1.8.3.1                Deals      225

14.1.8.3.2                Product launches  226

14.1.8.4  MnM view              226

14.1.8.4.1                Key strengths        226

14.1.8.4.2                Strategic choices   226

14.1.8.4.3                Weaknesses and competitive threats 226

14.1.9      JOHNSON CONTROLS    227

14.1.9.1  Business overview 227

14.1.9.2  Products/Solutions/Services offered 228

14.1.9.3  Recent developments           228

14.1.10   CARRIER               229

14.1.10.1                 Business overview 229

14.1.10.2                 Products/Solutions/Services offered 230

14.1.10.3                 Recent developments           231

14.1.10.3.1             Product launches  231

14.1.10.3.2             Deals      231

14.1.11   DAIKIN INDUSTRIES, LTD.           232

14.1.11.1                 Business overview 232

14.1.11.2                 Products/Solutions/Services offered 233

14.1.11.3                 Recent developments           234

14.1.11.3.1             Others    234

14.1.12   MITSUBISHI ELECTRIC CORPORATION 235

14.1.12.1                 Business overview 235

14.1.12.2                 Products/Solutions/Services offered 236

14.1.12.3                 Recent developments           237

14.1.13   RITTAL GMBH & CO. KG                238

14.1.13.1                 Business overview 238

14.1.13.2                 Products/Solutions/Services offered 238

14.1.13.3                 Recent developments           239

14.1.13.3.1             Deals      239

14.1.13.3.2             Product launches  239

14.1.14   MIDAS IMMERSION COOLING    240

14.1.14.1                 Business overview 240

14.1.14.2                 Products/Solutions/Services offered 240

14.1.14.3                 Recent developments           241

14.1.14.3.1             Deals      241

14.1.15   TRANE TECHNOLOGIES PLC      242

14.1.15.1                 Business overview 242

14.1.15.2                 Products/Solutions/Services offered 243

14.1.15.3                 Recent developments           244

14.1.15.3.1             Deals      244

14.1.16   MUNTERS            245

14.1.16.1                 Business overview 245

14.1.16.2                 Products/Solutions/Services offered 246

14.1.16.3                 Recent developments           247

14.1.16.3.1             Deals      247

14.1.16.3.2             Others    247

14.1.17   LIQUIDSTACK HOLDING B.V.     248

14.1.17.1                 Business overview 248

14.1.17.2                 Products/Solutions/Services offered 248

14.1.17.3                 Recent developments           249

14.1.17.3.1             Deals      249

14.1.17.3.2             Others    249

14.1.18   CHILLDYNE, INC.             250

14.1.18.1                 Business overview 250

14.1.18.2                 Products/Solutions/Services offered 250

14.1.18.3                 Recent developments           251

14.1.18.3.1             Deals      251

14.1.19   DUG TECHNOLOGY       252

14.1.19.1                 Business overview 252

14.1.19.2                 Products/Solutions/Services offered 254

14.1.19.3                 Recent developments           254

14.1.19.3.1             Deals      254

14.1.20   LIQUIDCOOL SOLUTIONS           256

14.1.20.1                 Business overview 256

14.1.20.2                 Products/Solutions/Services offered 256

14.1.20.3                 Recent developments           257

14.1.20.3.1             Deals      257

14.1.21   STULZ GMBH     258

14.1.21.1                 Business overview 258

14.1.21.2                 Products/Solutions/Services offered 258

14.1.21.3                 Recent developments           259

14.1.21.3.1             Product launches  259

14.1.22   DELTA POWER SOLUTIONS        260

14.1.22.1                 Business overview 260

14.1.22.2                 Products/Solutions/Services offered 261

14.1.22.3                 Recent developments           262

14.1.22.3.1             Deals      262

14.1.23   MODINE MANUFACTURING COMPANY 263

14.1.23.1                 Business overview 263

14.1.23.2                 Products/Solutions/Services offered 264

14.1.23.3                 Recent developments           265

14.1.23.3.1             Product launches  265

14.1.23.3.2             Deals      266

14.1.23.3.3             Expansions             267

14.1.24   BOYD    268

14.1.24.1                 Business overview 268

14.1.24.2                 Products offered   268

14.1.25   SUPER MICRO COMPUTER, INC.                269

14.1.25.1                 Business overview 269

14.1.25.2                 Products/Solutions/Services offered 270

14.1.25.3                 Recent developments           271

14.1.25.3.1             Deals      271

14.1.25.3.2             Expansions             271

14.1.26   FLEX LTD.           273

14.1.26.1                 Business overview 273

14.1.26.2                 Products/Solutions/Services offered 274

14.1.26.2.1             Deals      275

14.1.27   BLACK BOX        276

14.1.27.1                 Business overview 276

14.1.27.2                 Products/Solutions/Services offered 276

14.1.27.3                 Recent developments           277

14.1.27.3.1             Deals      277

14.1.28   ALFA LAVAL       278

14.1.28.1                 Business overview 278

14.1.28.2                 Products/Solutions/Services offered 279

14.2         OTHER PLAYERS              281

14.2.1      COOLCENTRIC 281

14.2.2      ASETEK 282

14.2.3      GIGA-BYTE TECHNOLOGY CO., LTD.     282

14.2.4      NVENT 283

14.2.5      ACCELSIUS LLC 284

14.2.6      KAORI HEAT TREATMENT CO., LTD.      284

14.2.7      ZUTACORE, INC.               285

14.2.8      NORTEK AIR SOLUTIONS, LLC.  286

15            ADJACENT AND RELATED MARKETS      287

15.1         INTRODUCTION              287

15.2         LIMITATIONS    287

15.3         DATA CENTER COOLING INTERCONNECTED MARKETS                 287

15.3.1      DATA CENTER LIQUID COOLING MARKET          287

15.3.1.1  Market definition 287

15.3.1.2  Market overview   287

15.4         DATA CENTER LIQUID COOLING MARKET, BY COOLING TYPE 288

15.4.1      COLD PLATE LIQUID COOLING                288

15.4.1.1  Increasing high-density data center installations to drive demand                 288

15.5         IMMERSION LIQUID COOLING  289

15.5.1      ABILITY TO LOWER POWER CONSUMPTION AND CARBON FOOTPRINT TO DRIVE MARKET             289

15.6         SPRAY LIQUID COOLING              290

15.6.1      HIGH ENERGY SAVINGS, EXCELLENT HEAT-DISSIPATION EFFICIENCY, AND SILENT OPERATION TO DRIVE DEMAND             290

16            APPENDIX           292

16.1         DISCUSSION GUIDE        292

16.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                296

16.3         CUSTOMIZATION OPTIONS        298

16.4         RELATED REPORTS         298

16.5         AUTHOR DETAILS           299

LIST OF TABLES

TABLE 1                LIMITATIONS AND ASSOCIATED RISKS 46

TABLE 2                DATA CENTER COOLING MARKET SNAPSHOT, 2025 VS. 2032       49

TABLE 3                PORTER’S FIVE FORCES ANALYSIS: DATA CENTER COOLING MARKET       59

TABLE 4                NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  66

TABLE 5                EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  67

TABLE 6                ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  67

TABLE 7                INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE

END-USE INDUSTRIES (%)           72

TABLE 8                KEY BUYING CRITERIA, BY END-USE INDUSTRY                 72

TABLE 9                DATA CENTER COOLING MARKET: ROLE IN ECOSYSTEM       74

TABLE 10              DATA CENTER COOLING MARKET: CONFERENCES & EVENTS            80

TABLE 11              REAL GDP GROWTH (ANNUAL PERCENTAGE CHANGE), BY COUNTRY, 2021–2024          83

TABLE 12              UNEMPLOYMENT RATE, BY COUNTRY, 2021–2024 (%)                84

TABLE 13              INFLATION RATE (AVERAGE CONSUMER PRICES), BY COUNTRY, 2021–2024 (%)     84

TABLE 14              FOREIGN DIRECT INVESTMENT, 2022 VS. 2023 (USD BILLION) 84

TABLE 15              US ADJUSTED RECIPROCAL TARIFF RATES                 85

TABLE 16              KEY PRODUCT-RELATED TARIFF EFFECTIVE FOR CHROMIC MATERIAL            86

TABLE 17              EXPECTED CHANGE IN PRICES AND LIKELY IMPACT ON END-USE

MARKET DUE TO TARIFF IMPACT            87

TABLE 18              DATA CENTER COOLING MARKET, BY COMPONENT, 2021–2024 (USD MILLION)              90

TABLE 19              DATA CENTER COOLING MARKET, BY COMPONENT, 2025–2032 (USD MILLION)              90

TABLE 20              DATA CENTER COOLING MARKET, BY DATA CENTER TYPE,

2021–2024 (USD MILLION)            92

TABLE 21              DATA CENTER COOLING MARKET, BY DATA CENTER TYPE,

2025–2032 (USD MILLION)            92

TABLE 22              DATA CENTER COOLING MARKET IN MID-SIZED DATA CENTERS, BY REGION, 2021–2024 (USD MILLION)                 93

TABLE 23              DATA CENTER COOLING MARKET IN MID-SIZED DATA CENTERS, BY REGION, 2025–2032 (USD MILLION)                 93

TABLE 24              DATA CENTER COOLING MARKET IN ENTERPRISE DATA CENTERS, BY REGION, 2021–2024 (USD MILLION)            94

TABLE 25              DATA CENTER COOLING MARKET IN ENTERPRISE DATA CENTERS, BY REGION, 2025–2032 (USD MILLION)            94

TABLE 26              DATA CENTER COOLING MARKET IN LARGE DATA CENTERS, BY REGION,

2021–2024 (USD MILLION)            95

TABLE 27              DATA CENTER COOLING MARKET IN LARGE DATA CENTERS, BY REGION,

2025–2032 (USD MILLION)            95

TABLE 28              DATA CENTER COOLING MARKET, BY END-USE INDUSTRY,

2021–2024 (USD MILLION)            97

TABLE 29              DATA CENTER COOLING MARKET, BY END-USE INDUSTRY,

2025–2032 (USD MILLION)            98

TABLE 30              DATA CENTER COOLING MARKET IN BFSI, BY REGION, 2021–2024 (USD MILLION)          98

TABLE 31              DATA CENTER COOLING MARKET IN BFSI, BY REGION, 2025–2032 (USD MILLION)          99

TABLE 32              DATA CENTER COOLING MARKET IN IT & TELECOM, BY REGION,

2021–2024 (USD MILLION)            99

TABLE 33              DATA CENTER COOLING MARKET IN IT & TELECOM, BY REGION,

2025–2032 (USD MILLION)            100

TABLE 34              DATA CENTER COOLING MARKET IN RESEARCH & ACADEMIC, BY REGION,

2021–2024 (USD MILLION)            100

TABLE 35              DATA CENTER COOLING MARKET IN RESEARCH & ACADEMIC, BY REGION,

2025–2032 (USD MILLION)            101

TABLE 36              DATA CENTER COOLING MARKET IN GOVERNMENT & DEFENSE, BY REGION, 2021–2024 (USD MILLION)            101

TABLE 37              DATA CENTER COOLING MARKET IN GOVERNMENT & DEFENSE, BY REGION, 2025–2032 (USD MILLION)            102

TABLE 38              DATA CENTER COOLING MARKET IN RETAIL, BY REGION,

2021–2024 (USD MILLION)            102

TABLE 39              DATA CENTER COOLING MARKET IN RETAIL, BY REGION,

2025–2032 (USD MILLION)            103

TABLE 40              DATA CENTER COOLING MARKET IN ENERGY, BY REGION,

2021–2024 (USD MILLION)            103

TABLE 41              DATA CENTER COOLING MARKET IN ENERGY, BY REGION,

2025–2032 (USD MILLION)            104

TABLE 42              DATA CENTER COOLING MARKET IN MANUFACTURING, BY REGION,

2021–2024 (USD MILLION)            104

TABLE 43              DATA CENTER COOLING MARKET IN MANUFACTURING, BY REGION,

2025–2032 (USD MILLION)            105

TABLE 44              DATA CENTER COOLING MARKET IN HEALTHCARE, BY REGION,

2021–2024 (USD MILLION)            105

TABLE 45              DATA CENTER COOLING MARKET IN HEALTHCARE, BY REGION,

2025–2032 (USD MILLION)            106

TABLE 46              DATA CENTER COOLING MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2021–2024 (USD MILLION)                 106

TABLE 47              DATA CENTER COOLING MARKET IN OTHER END-USE INDUSTRIES, BY REGION, 2025–2032 (USD MILLION)                 107

TABLE 48              DATA CENTER COOLING MARKET, BY SERVICE, 2021–2024 (USD MILLION              108

TABLE 49              DATA CENTER COOLING MARKET, BY SERVICE, 2025–2032 (USD MILLION)            108

TABLE 50              CONSULTING: DATA CENTER COOLING MARKET FOR SERVICE, BY REGION,

2021–2024 (USD MILLION)            109

TABLE 51              CONSULTING: DATA CENTER COOLING MARKET FOR SERVICE, BY REGION,

2025–2032 (USD MILLION)            109

TABLE 52              INSTALLATION AND DEPLOYMENT: DATA CENTER COOLING MARKET FOR SERVICE, BY REGION, 2021–2024 (USD MILLION)       110

TABLE 53              INSTALLATION AND DEPLOYMENT: DATA CENTER COOLING MARKET FOR SERVICE, BY REGION, 2025–2032 (USD MILLION)       110

TABLE 54              MAINTENANCE AND SUPPORT: DATA CENTER COOLING MARKET FOR SERVICE,

BY REGION, 2021–2024 (USD MILLION)   111

TABLE 55              MAINTENANCE AND SUPPORT: DATA CENTER COOLING MARKET FOR SERVICE,

BY REGION, 2025–2032 (USD MILLION)   111

TABLE 56              DATA CENTER COOLING MARKET, BY SOLUTION, 2021–2024 (USD MILLION     112

TABLE 57              DATA CENTER COOLING MARKET, BY SOLUTION, 2025–2032 (USD MILLION)    112

TABLE 58              AIR CONDITIONING: DATA CENTER COOLING MARKET FOR SOLUTION, BY REGION, 2021–2024 (USD MILLION)                 113

TABLE 59              AIR CONDITIONING: DATA CENTER COOLING MARKET FOR SOLUTION, BY REGION, 2025–2032 (USD MILLION)                 113

TABLE 60              CHILLING UNITS: DATA CENTER COOLING MARKET FOR SOLUTION, BY REGION, 2021–2024 (USD MILLION)                 114

TABLE 61              CHILLING UNITS: DATA CENTER COOLING MARKET FOR SOLUTION, BY REGION, 2025–2032 (USD MILLION)                 114

TABLE 62              COOLING TOWERS: DATA CENTER COOLING MARKET FOR SOLUTION, BY REGION, 2021–2024 (USD MILLION)                 115

TABLE 63              COOLING TOWERS: DATA CENTER COOLING MARKET FOR SOLUTION, BY REGION, 2025–2032 (USD MILLION)                 115

TABLE 64              ECONOMIZER SYSTEMS: DATA CENTER COOLING MARKET FOR SOLUTION,

BY REGION, 2021–2024 (USD MILLION)   116

TABLE 65              ECONOMIZER SYSTEMS: DATA CENTER COOLING MARKET FOR SOLUTION,

BY REGION, 2025–2032 (USD MILLION)   116

TABLE 66              LIQUID COOLING SYSTEMS: DATA CENTER COOLING MARKET FOR SOLUTION,

BY REGION, 2021–2024 (USD MILLION)   117

TABLE 67              LIQUID COOLING SYSTEMS: DATA CENTER COOLING MARKET FOR SOLUTION,

BY REGION, 2025–2032 (USD MILLION)   117

TABLE 68              CONTROL SYSTEMS: DATA CENTER COOLING MARKET FOR SOLUTION, BY REGION, 2021–2024 (USD MILLION)                 118

TABLE 69              CONTROL SYSTEMS: DATA CENTER COOLING MARKET FOR SOLUTION, BY REGION, 2025–2032 (USD MILLION)                 118

TABLE 70              OTHERS: DATA CENTER COOLING MARKET FOR SOLUTION, BY REGION,

2021–2024 (USD MILLION)            119

TABLE 71              OTHERS: DATA CENTER COOLING MARKET FOR SOLUTION, BY REGION,

2025–2032 (USD MILLION)            119

TABLE 72              DATA CENTER COOLING MARKET, BY TYPE OF COOLING,

2021–2024 (USD MILLION)            121

TABLE 73              DATA CENTER COOLING MARKET, BY TYPE OF COOLING,

2025–2032 (USD MILLION)            122

TABLE 74              DATA CENTER COOLING MARKET FOR ROOM-BASED COOLING, BY REGION,

2021–2024 (USD MILLION)            122

TABLE 75              DATA CENTER COOLING MARKET FOR ROOM-BASED COOLING, BY REGION,

2025–2032 (USD MILLION)            123

TABLE 76              DATA CENTER COOLING MARKET FOR ROW/RACK-BASED COOLING, BY REGION, 2021–2024 (USD MILLION)            123

TABLE 77              DATA CENTER COOLING MARKET FOR ROW/RACK-BASED COOLING, BY REGION, 2025–2032 (USD MILLION)            124

TABLE 78              DATA CENTER COOLING MARKET, BY REGION, 2021–2024 (USD MILLION)            126

TABLE 79              DATA CENTER COOLING MARKET, BY REGION, 2025–2032 (USD MILLION)            127

TABLE 80              ASIA PACIFIC: DATA CENTER COOLING MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            128

TABLE 81              ASIA PACIFIC: DATA CENTER COOLING MARKET, BY COUNTRY,

2025–2032 (USD MILLION)            129

TABLE 82              ASIA PACIFIC: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            129

TABLE 83              ASIA PACIFIC: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            129

TABLE 84              ASIA PACIFIC: DATA CENTER COOLING MARKET, BY TYPE OF COOLING,

2021–2024 (USD MILLION)            129

TABLE 85              ASIA PACIFIC: DATA CENTER COOLING MARKET, BY TYPE OF COOLING,

2025–2032 (USD MILLION)            130

TABLE 86              ASIA PACIFIC: DATA CENTER COOLING MARKET, BY DATA CENTER TYPE,

2021–2024 (USD MILLION)            130

TABLE 87              ASIA PACIFIC: DATA CENTER COOLING MARKET, BY DATA CENTER TYPE,

2025–2032 (USD MILLION)            130

TABLE 88              ASIA PACIFIC: DATA CENTER COOLING MARKET, BY END-USE INDUSTRY,

2021–2024 (USD MILLION)            131

TABLE 89              ASIA PACIFIC: DATA CENTER COOLING MARKET, BY END-USE INDUSTRY,

2025–2032 (USD MILLION)            131

TABLE 90              ASIA PACIFIC: DATA CENTER COOLING MARKET, BY SOLUTION,

2021–2024 (USD MILLION)            132

TABLE 91              ASIA PACIFIC: DATA CENTER COOLING MARKET, BY SOLUTION,

2025–2032 (USD MILLION)            132

TABLE 92              ASIA PACIFIC: DATA CENTER COOLING MARKET, BY SERVICE,

2021–2024 (USD MILLION)            132

TABLE 93              ASIA PACIFIC: DATA CENTER COOLING MARKET, BY SERVICE,

2025–2032 (USD MILLION)            133

TABLE 94              CHINA: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            133

TABLE 95              CHINA: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            134

TABLE 96              INDIA: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            135

TABLE 97              INDIA: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            135

TABLE 98              JAPAN: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            135

TABLE 99              JAPAN: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            136

TABLE 100            SOUTH KOREA: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            136

TABLE 101            SOUTH KOREA: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            136

TABLE 102            REST OF ASIA PACIFIC: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            137

TABLE 103            REST OF ASIA PACIFIC: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            137

TABLE 104            NORTH AMERICA: DATA CENTER COOLING MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            138

TABLE 105            NORTH AMERICA: DATA CENTER COOLING MARKET, BY COUNTRY,

2025–2032 (USD MILLION)            139

TABLE 106            NORTH AMERICA: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            139

TABLE 107            NORTH AMERICA: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            139

TABLE 108            NORTH AMERICA: DATA CENTER COOLING MARKET, BY TYPE OF COOLING,

2021–2024 (USD MILLION)            139

TABLE 109            NORTH AMERICA: DATA CENTER COOLING MARKET, BY TYPE OF COOLING,

2025–2032 (USD MILLION)            140

TABLE 110            NORTH AMERICA: DATA CENTER COOLING MARKET, BY DATA CENTER TYPE, 2021–2024 (USD MILLION)                 140

TABLE 111            NORTH AMERICA: DATA CENTER COOLING MARKET, BY DATA CENTER TYPE, 2025–2032 (USD MILLION)                 140

TABLE 112            NORTH AMERICA: DATA CENTER COOLING MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)                 141

TABLE 113            NORTH AMERICA: DATA CENTER COOLING MARKET, BY END-USE INDUSTRY, 2025–2032 (USD MILLION)                 141

TABLE 114            NORTH AMERICA: DATA CENTER COOLING MARKET, BY SOLUTION,

2021–2024 (USD MILLION)            142

TABLE 115            NORTH AMERICA: DATA CENTER COOLING MARKET, BY SOLUTION,

2025–2032 (USD MILLION)            142

TABLE 116            NORTH AMERICA: DATA CENTER COOLING MARKET, BY SERVICE,

2021–2024 (USD MILLION)            142

TABLE 117            NORTH AMERICA: DATA CENTER COOLING MARKET, BY SERVICE,

2025–2032 (USD MILLION)            143

TABLE 118            US: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            144

TABLE 119            US: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            144

TABLE 120            CANADA: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            145

TABLE 121            CANADA: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            145

TABLE 122            MEXICO: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            145

TABLE 123            MEXICO: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            146

TABLE 124            EUROPE: DATA CENTER COOLING MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            147

TABLE 125            EUROPE: DATA CENTER COOLING MARKET, BY COUNTRY,

2025–2032 (USD MILLION)            148

TABLE 126            EUROPE: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            148

TABLE 127            EUROPE: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            148

TABLE 128            EUROPE: DATA CENTER COOLING MARKET, BY TYPE OF COOLING,

2021–2024 (USD MILLION)            148

TABLE 129            EUROPE: DATA CENTER COOLING MARKET, BY TYPE OF COOLING,

2025–2032 (USD MILLION)            149

TABLE 130            EUROPE: DATA CENTER COOLING MARKET, BY DATA CENTER TYPE,

2021–2024 (USD MILLION)            149

TABLE 131            EUROPE: DATA CENTER COOLING MARKET, BY DATA CENTER TYPE,

2025–2032 (USD MILLION)            149

TABLE 132            EUROPE: DATA CENTER COOLING MARKET, BY END-USE INDUSTRY,

2021–2024 (USD MILLION)            150

TABLE 133            EUROPE: DATA CENTER COOLING MARKET, BY END-USE INDUSTRY,

2025–2032 (USD MILLION)            150

TABLE 134            EUROPE: DATA CENTER COOLING MARKET, BY SOLUTION,

2021–2024 (USD MILLION)            151

TABLE 135            EUROPE: DATA CENTER COOLING MARKET, BY SOLUTION,

2025–2032 (USD MILLION)            151

TABLE 136            EUROPE: DATA CENTER COOLING MARKET, BY SERVICE,

2021–2024 (USD MILLION)            151

TABLE 137            EUROPE: DATA CENTER COOLING MARKET, BY SERVICE,

2025–2032 (USD MILLION)            152

TABLE 138            GERMANY: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            152

TABLE 139            GERMANY: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            153

TABLE 140            UK: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            153

TABLE 141            UK: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            154

TABLE 142            NETHERLANDS: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            154

TABLE 143            NETHERLANDS: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            155

TABLE 144            FRANCE: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            156

TABLE 145            FRANCE: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            156

TABLE 146            ITALY: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            157

TABLE 147            ITALY: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            157

TABLE 148            REST OF EUROPE: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            157

TABLE 149            REST OF EUROPE: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            157

TABLE 150            MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            158

TABLE 151            MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET, BY COUNTRY,

2025–2032 (USD MILLION)            158

TABLE 152            MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET, BY COMPONENT, 2021–2024 (USD MILLION)                 159

TABLE 153            MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET, BY COMPONENT, 2025–2032 (USD MILLION)                 159

TABLE 154            MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET, BY TYPE OF COOLING, 2021–2024 (USD MILLION)            159

TABLE 155            MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET, BY TYPE OF COOLING, 2025–2032 (USD MILLION)            159

TABLE 156            MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET, BY DATA CENTER TYPE, 2021–2024 (USD MILLION)            160

TABLE 157            MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET, BY DATA CENTER TYPE, 2025–2032 (USD MILLION)            160

TABLE 158            MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)            160

TABLE 159            MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET, BY END-USE INDUSTRY, 2025–2032 (USD MILLION)            161

TABLE 160            MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET, BY SOLUTION,

2021–2024 (USD MILLION)            161

TABLE 161            MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET, BY SOLUTION,

2025–2032 (USD MILLION)            162

TABLE 162            MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET, BY SERVICE,

2021–2024 (USD MILLION)            162

TABLE 163            MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET, BY SERVICE,

2025–2032 (USD MILLION)            162

TABLE 164            UAE: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            163

TABLE 165            UAE: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            163

TABLE 166            SAUDI ARABIA: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            164

TABLE 167            SAUDI ARABIA: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            165

TABLE 168            REST OF THE GCC: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            165

TABLE 169            REST OF THE GCC: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            165

TABLE 170            SOUTH AFRICA: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            166

TABLE 171            SOUTH AFRICA: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            166

TABLE 172            REST OF MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET,

BY COMPONENT, 2021–2024 (USD MILLION)        167

TABLE 173            REST OF MIDDLE EAST & AFRICA: DATA CENTER COOLING MARKET,

BY COMPONENT, 2025–2032 (USD MILLION)        167

TABLE 174            SOUTH AMERICA: DATA CENTER COOLING MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            167

TABLE 175            SOUTH AMERICA: DATA CENTER COOLING MARKET, BY COUNTRY,

2025–2032 (USD MILLION)            168

TABLE 176            SOUTH AMERICA: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            168

TABLE 177            SOUTH AMERICA: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            168

TABLE 178            SOUTH AMERICA: DATA CENTER COOLING MARKET, BY TYPE OF COOLING,

2021–2024 (USD MILLION)            168

TABLE 179            SOUTH AMERICA: DATA CENTER COOLING MARKET, BY TYPE OF COOLING,

2025–2032 (USD MILLION)            169

TABLE 180            SOUTH AMERICA: DATA CENTER COOLING MARKET, BY DATA CENTER TYPE,

2021–2024 (USD MILLION)            169

TABLE 181            SOUTH AMERICA: DATA CENTER COOLING MARKET, BY DATA CENTER TYPE,

2025–2032 (USD MILLION)            169

TABLE 182            SOUTH AMERICA: DATA CENTER COOLING MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)                 170

TABLE 183            SOUTH AMERICA: DATA CENTER COOLING MARKET, BY END-USE INDUSTRY, 2025–2032 (USD MILLION)                 170

TABLE 184            SOUTH AMERICA: DATA CENTER COOLING MARKET, BY SOLUTION,

2021–2024 (USD MILLION)            171

TABLE 185            SOUTH AMERICA: DATA CENTER COOLING MARKET, BY SOLUTION,

2025–2032 (USD MILLION)            171

TABLE 186            SOUTH AMERICA: DATA CENTER COOLING MARKET, BY SERVICE,

2021–2024 (USD MILLION)            171

TABLE 187            SOUTH AMERICA: DATA CENTER COOLING MARKET, BY SERVICE,

2025–2032 (USD MILLION)            172

TABLE 188            BRAZIL: DATA CENTER COOLING MARKET, BY COMPONENT,

2021–2024 (USD MILLION)            172

TABLE 189            BRAZIL: DATA CENTER COOLING MARKET, BY COMPONENT,

2025–2032 (USD MILLION)            173

TABLE 190            REST OF SOUTH AMERICA: DATA CENTER COOLING MARKET, BY COMPONENT, 2021–2024 (USD MILLION)                 173

TABLE 191            REST OF SOUTH AMERICA: DATA CENTER COOLING MARKET, BY COMPONENT, 2025–2032 (USD MILLION)                 173

TABLE 192            OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS           174

TABLE 193            DATA CENTER COOLING MARKET: DEGREE OF COMPETITION 177

TABLE 194            COMPANY, BY REGION FOOTPRINT        184

TABLE 195            COMPANY, BY TYPE OF COOLING FOOTPRINT                 185

TABLE 196            COMPANY, BY SOLUTION FOOTPRINT  186

TABLE 197            DATA CENTER COOLING MARKET: DETAILED LIST OF KEY STARTUPS/SMES   189

TABLE 198            DATA CENTER COOLING MARKET: COMPETITIVE BENCHMARKING

OF KEY STARTUPS/SMES              189

TABLE 199            DATA CENTER COOLING MARKET: PRODUCT LAUNCHES

(JANUARY 2018–JUNE 2025)           191

TABLE 200            DATA CENTER COOLING MARKET: DEALS (JANUARY 2018–JUNE 2025)           192

TABLE 201            DATA CENTER COOLING MARKET: OTHER DEVELOPMENTS (2018–2023)      193

TABLE 202            VERTIV GROUP CORP.: COMPANY OVERVIEW                 194

TABLE 203            VERTIV GROUP CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    195

TABLE 204            VERTIV GROUP CORP.: PRODUCT LAUNCHES                 196

TABLE 205            VERTIV GROUP CORP.: DEALS   196

TABLE 206            GREEN REVOLUTION COOLING, INC.: COMPANY OVERVIEW   199

TABLE 207            GREEN REVOLUTION COOLING, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    199

TABLE 208            GREEN REVOLUTION COOLING, INC.: PRODUCT LAUNCHES   200

TABLE 209            GREEN REVOLUTION COOLING, INC.: DEALS                 201

TABLE 210            SUBMER: COMPANY OVERVIEW                203

TABLE 211            SUBMER: PRODUCTS/SOLUTIONS/SERVICES OFFERED             203

TABLE 212            SUBMER: PRODUCT LAUNCHES                204

TABLE 213            SUBMER: DEALS               204

TABLE 214            SUBMER: EXPANSIONS  207

TABLE 215            SUBMER: OTHERS            207

TABLE 216            ASPERITAS: COMPANY OVERVIEW           209

TABLE 217            ASPERITAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             209

TABLE 218            ASPERITAS: PRODUCT LAUNCHES           210

TABLE 219            ASPERITAS: DEALS          211

TABLE 220            ASPERITAS: EXPANSIONS             212

TABLE 221            COOLIT SYSTEMS: COMPANY OVERVIEW                 213

TABLE 222            COOLIT SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    213

TABLE 223            COOLIT SYSTEMS: PRODUCT LAUNCHES                 214

TABLE 224            COOLIT SYSTEMS: DEALS            214

TABLE 225            COOLIT SYSTEMS: EXPANSIONS               215

TABLE 226            DCX LIQUID COOLING SYSTEMS: COMPANY OVERVIEW          217

TABLE 227            DCX LIQUID COOLING SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    217

TABLE 228            DCX LIQUID COOLING SYSTEMS: PRODUCT LAUNCHES          218

TABLE 229            DCX LIQUID COOLING SYSTEMS: OTHERS                 219

TABLE 230            ICEOTOPE PRECISION LIQUID COOLING: COMPANY OVERVIEW   220

TABLE 231            ICEOTOPE PRECISION LIQUID COOLING: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        220

TABLE 232            ICEOTOPE PRECISION LIQUID COOLING: PRODUCT LAUNCHES   221

TABLE 233            ICEOTOPE PRECISION LIQUID COOLING: DEALS  221

TABLE 234            SCHNEIDER ELECTRIC: COMPANY OVERVIEW                 223

TABLE 235            SCHNEIDER ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    224

TABLE 236            SCHNEIDER ELECTRIC: DEALS  225

TABLE 237            SCHNEIDER ELECTRIC: PRODUCT LAUNCHES                 226

TABLE 238            JOHNSON CONTROLS: COMPANY OVERVIEW                 227

TABLE 239            JOHNSON CONTROLS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    228

TABLE 240            JOHNSON CONTROLS: DEALS    228

TABLE 241            CARRIER: COMPANY OVERVIEW               229

TABLE 242            CARRIER: PRODUCTS/SOLUTIONS/SERVICES OFFERED             230

TABLE 243            CARRIER: PRODUCT LAUNCHES                231

TABLE 244            CARRIER: DEALS               231

TABLE 245            DAIKIN INDUSTRIES, LTD.: COMPANY OVERVIEW          232

TABLE 246            DAIKIN INDUSTRIES, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    233

TABLE 247            DAIKIN INDUSTRIES, LTD: OTHERS         234

TABLE 248            MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW   235

TABLE 249            MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        236

TABLE 250            MITSUBISHI ELECTRIC CORPORATION: DEALS                 237

TABLE 251            RITTAL GMBH & CO. KG: COMPANY OVERVIEW                 238

TABLE 252            RITTAL GMBH & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED    238

TABLE 253            RITTAL GMBH & CO. KG: DEALS                239

TABLE 254            RITTAL GMBH & CO. KG: PRODUCT LAUNCHES                 239

TABLE 255            MIDAS IMMERSION COOLING: COMPANY OVERVIEW          240

TABLE 256            MIDAS IMMERSION COOLING: PRODUCTS/SOLUTIONS/SERVICES OFFERED    240

TABLE 257            MIDAS IMMERSION COOLING: DEALS    241

TABLE 258            TRANE TECHNOLOGIES PLC: COMPANY OVERVIEW          242

TABLE 259            TRANE TECHNOLOGIES PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    243

TABLE 260            TRANE TECHNOLOGIES PLC: DEALS      244

TABLE 261            MUNTERS: COMPANY OVERVIEW             245

TABLE 262            MUNTERS: PRODUCTS/SOLUTIONS/SERVICES OFFERED             246

TABLE 263            MUNTERS: DEALS            247

TABLE 264            MUNTERS: OTHERS        247

TABLE 265            LIQUIDSTACK HOLDING B.V.: COMPANY OVERVIEW          248

TABLE 266            LIQUIDSTACK HOLDING B.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    248

TABLE 267            LIQUIDSTACK HOLDING B.V.: DEALS     249

TABLE 268            LIQUIDSTACK HOLDING B.V.: OTHERS 249

TABLE 269            CHILLDYNE, INC.: COMPANY OVERVIEW                 250

TABLE 270            CHILLDYNE, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    250

TABLE 271            CHILLDYNE, INC.: DEALS             251

TABLE 272            DUG TECHNOLOGY: COMPANY OVERVIEW                 252

TABLE 273            DUG TECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    254

TABLE 274            DUG TECHNOLOGY: DEALS        254

TABLE 275            LIQUIDCOOL SOLUTIONS: COMPANY OVERVIEW          256

TABLE 276            LIQUIDCOOL SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    256

TABLE 277            LIQUIDCOOL SOLUTIONS: DEALS           257

TABLE 278            STULZ GMBH: COMPANY OVERVIEW     258

TABLE 279            STULZ GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    258

TABLE 280            STULZ GMBH: PRODUCT LAUNCHES     259

TABLE 281            DELTA POWER SOLUTIONS: COMPANY OVERVIEW          260

TABLE 282            DELTA POWER SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    261

TABLE 283            DELTA POWER SOLUTIONS: DEALS        262

TABLE 284            MODINE MANUFACTURING COMPANY: COMPANY OVERVIEW   263

TABLE 285            MODINE MANUFACTURING COMPANY: PRODUCTS OFFERED    264

TABLE 286            MODINE MANUFACTURING COMPANY: PRODUCT LAUNCHES   265

TABLE 287            MODINE MANUFACTURING COMPANY: DEALS                 266

TABLE 288            MODINE MANUFACTURING COMPANY: EXPANSIONS     267

TABLE 289            BOYD: COMPANY OVERVIEW     268

TABLE 290            BOYD: PRODUCTS/SOLUTIONS/SERVICES OFFERED             268

TABLE 291            SUPER MICRO COMPUTER, INC.: COMPANY OVERVIEW          269

TABLE 292            SUPER MICRO COMPUTER, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    270

TABLE 293            SUPER MICRO COMPUTER, INC.: DEALS                 271

TABLE 294            SUPER MICRO COMPUTER, INC.: EXPANSIONS                 271

TABLE 295            FLEX LTD.: COMPANY OVERVIEW            273

TABLE 296            FLEX LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED             274

TABLE 297            FLEX LTD.: DEALS           275

TABLE 298            BLACK BOX: COMPANY OVERVIEW         276

TABLE 299            BLACK BOX: PRODUCTS/SOLUTIONS/SERVICES OFFERED             276

TABLE 300            BLACK BOX: DEALS         277

TABLE 301            ALFA LAVAL: COMPANY OVERVIEW        278

TABLE 302            ALFA LAVAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED    279

TABLE 303            COOLCENTRIC: COMPANY OVERVIEW  281

TABLE 304            ASETEK: COMPANY OVERVIEW 282

TABLE 305            GIGA-BYTE TECHNOLOGY CO., LTD.: COMPANY OVERVIEW   282

TABLE 306            NVENT: COMPANY OVERVIEW  283

TABLE 307            ACCELSIUS LLC: COMPANY OVERVIEW 284

TABLE 308            KAORI HEAT TREATMENT CO., LTD.: COMPANY OVERVIEW          284

TABLE 309            ZUTACORE, INC.: COMPANY OVERVIEW                 285

TABLE 310            NORTEK AIR SOLUTIONS, LLC.: COMPANY OVERVIEW          286

TABLE 311            COLD PLATE LIQUID COOLING: DATA CENTER LIQUID COOLING MARKET,

BY REGION, 2020–2024 (USD MILLION)   288

TABLE 312            COLD PLATE LIQUID COOLING: DATA CENTER LIQUID COOLING MARKET,

BY REGION, 2025–2032 (USD MILLION)   289

TABLE 313            IMMERSION LIQUID COOLING: DATA CENTER LIQUID COOLING MARKET,

BY REGION, 2020–2024 (USD MILLION)   289

TABLE 314            IMMERSION LIQUID COOLING: DATA CENTER LIQUID COOLING MARKET,

BY REGION, 2025–2032 (USD MILLION)   290

LIST OF FIGURES

FIGURE 1              DATA CENTER COOLING MARKET: RESEARCH DESIGN                38

FIGURE 2              MARKET SIZE ESTIMATION: TOP-DOWN APPROACH         42

FIGURE 3              MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH         43

FIGURE 4              BASE NUMBER CALCULATION: APPROACH 1                 43

FIGURE 5              BASE NUMBER CALCULATION: APPROACH 2                 44

FIGURE 6              DATA TRIANGULATION: DATA CENTER COOLING MARKET          45

FIGURE 7              FACTOR ANALYSIS          47

FIGURE 8              DATA CENTER COOLING MARKET, BY COMPONENT (2025–2032)             50

FIGURE 9              ASIA PACIFIC DATA CENTER COOLING MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD                 50

FIGURE 10            DATA CENTER COOLING MARKET, BY TYPE OF COOLING (2025–2032)     51

FIGURE 11            IT & TELECOM SECTOR TO OFFER LUCRATIVE GROWTH OPPORTUNITIES         52

FIGURE 12            MID-SIZED DATA CENTERS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 52

FIGURE 13            SOLUTION SEGMENT ACCOUNTED FOR LARGER MARKET SHARE IN 2024               53

FIGURE 14            CHINA TO REGISTER HIGHEST CAGR IN DATA CENTER COOLING MARKET       53

FIGURE 15            DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN DATA CENTER COOLING MARKET        54

FIGURE 16            DATA CENTER AVERAGE ANNUAL POWER USAGE EFFECTIVENESS (PUE) WORLDWIDE, 2019–2024  55

FIGURE 17            WORLDWIDE NUMBER OF DATA CENTERS IN MARCH 2025       56

FIGURE 18            PORTER’S FIVE FORCES ANALYSIS: DATA CENTER COOLING MARKET       59

FIGURE 19            DATA CENTER COOLING MARKET: SUPPLY CHAIN ANALYSIS              62

FIGURE 20            LIST OF MAJOR PATENTS RELATED TO DATA CENTER COOLING SYSTEMS      68

FIGURE 21            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END-USE INDUSTRIES             71

FIGURE 22            KEY BUYING CRITERIA IN TOP END-USE INDUSTRIES       72

FIGURE 23            DATA CENTER COOLING MARKET: ECOSYSTEM MAPPING             73

FIGURE 24            REVENUE SHIFT AND NEW REVENUE POCKETS IN DATA CENTER COOLING MARKET     75

FIGURE 25            INVESTMENT AND FUNDING SCENARIO, 2020–2024        80

FIGURE 26            SERVICES SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD          90

FIGURE 27            MID-SIZED DATA CENTERS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 92

FIGURE 28            GOVERNMENT & DEFENSE SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 97

FIGURE 29            ROW/RACK-BASED COOLING SEGMENT TO REGISTER HIGHER DURING FORECAST PERIOD                121

FIGURE 30            ASIA PACIFIC TO REGISTER HIGHEST CAGR IN DATA CENTER COOLING MARKET           126

FIGURE 31            ASIA PACIFIC: DATA CENTER COOLING MARKET SNAPSHOT       128

FIGURE 32            NORTH AMERICA: DATA CENTER COOLING MARKET SNAPSHOT       138

FIGURE 33            EUROPE: DATA CENTER COOLING MARKET SNAPSHOT          147

FIGURE 34            REVENUE ANALYSIS OF KEY COMPANIES (2020–2024)      176

FIGURE 35            RANKING OF TOP FIVE PLAYERS IN DATA CENTER COOLING MARKET, 2024             176

FIGURE 36            DATA CENTER COOLING MARKET SHARE ANALYSIS            177

FIGURE 37            DATA CENTER COOLING MARKET: BRAND/PRODUCT COMPARISON             180

FIGURE 38            COMPANY EVALUATION MATRIX: DATA CENTER COOLING MARKET (TIER 1 COMPANIES), 2024 182

FIGURE 39            COMPANY OVERALL FOOTPRINT            183

FIGURE 40            STARTUP/SME EVALUATION MATRIX: DATA CENTER COOLING MARKET, 2024             188

FIGURE 41            DATA CENTER COOLING MARKET: COMPANY VALUATION OF KEY PLAYERS, 2025         190

FIGURE 42            DATA CENTER COOLING MARKET: EV/EBITDA OF KEY VENDORS, 2025 190

FIGURE 43            DATA CENTER COOLING MARKET: YTD AND 5 YEAR BETA OF KEY VENDORS, 2025          191

FIGURE 44            VERTIV GROUP CORP.: COMPANY SNAPSHOT                 195

FIGURE 45            SCHNEIDER ELECTRIC: COMPANY SNAPSHOT                 224

FIGURE 46            JOHNSON CONTROLS: COMPANY SNAPSHOT                 227

FIGURE 47            CARRIER: COMPANY SNAPSHOT               230

FIGURE 48            DAIKIN INDUSTRIES, LTD.: COMPANY SNAPSHOT          233

FIGURE 49            MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT   236

FIGURE 50            TRANE TECHNOLOGIES PLC: COMPANY SNAPSHOT          243

FIGURE 51            MUNTERS: COMPANY SNAPSHOT            245

FIGURE 52            DUG TECHNOLOGY: COMPANY SNAPSHOT                 253

FIGURE 53            DELTA POWER SOLUTIONS: COMPANY SNAPSHOT          261

FIGURE 54            MODINE MANUFACTURING COMPANY: COMPANY SNAPSHOT   264

FIGURE 55            SUPER MICRO COMPUTER, INC.: COMPANY SNAPSHOT          270

FIGURE 56            FLEX LTD.: COMPANY SNAPSHOT            274

FIGURE 57            ALFA LAVAL: COMPANY SNAPSHOT       279