OVERVIEW

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The global data center chillers market is projected to grow from USD 1.67 billion in 2026 to USD 2.81 billion in 2032, at a CAGR of 9.0% during the forecast period. Data center chillers are extremely important cooling solutions that provide support for the cooling factors of the new digital infrastructure by providing cooling capability by removing heat produced from servers, storage systems, and networking equipment. Depending on the facility’s cooling capacity, a majority of facilities utilize one of three types of chillers to maintain a proper temperature and operate with no interruptions, including air-cooled, water-cooled, and more recently liquid-cooled chillers. In addition, facilities will employ multiple types of chiller technology including scroll, screw, and centrifugal chillers, based on the type of facility (size, air flow, water flow, load characteristics) and amount of heat produced by their IT operations. As more and more data centers develop to accommodate higher computing loads, the cooling capabilities of these systems have transitioned from being primarily to support utility functions and facilities to being an integral part of the design of the facility. Current market conditions are being driven by the growth of cloud computing platforms, digitalization of businesses through technology, use of artificial intelligence, and use of high-performance computing (HPC). Each of these technologies produces a significant amount of heat and requires more sophisticated methods of controlling the cooling of the data. In addition, as demand grows for reliability, increasing rack densities, and more energy-efficient operations, investments in new generation chillers are increasing. Growing demand resulting from the rapid expansion of hyperscape data centers, edge computing infrastructures, and sustainable facilities are further increasing the use of data center chillers as a critical component in the global digital economy.

KEY TAKEAWAYS

• BY REGION

  Asia Pacific is expected to register the highest CAGR (11.5%) during the forecast period.

• BY PRODUCT

  By product, the liquid coolant chillers segment is projected to grow at the highest CAGR (20.0%) during the forecast period.

• BY TECHNOLOGY

  By technology, the scroll chillers segment is projected to grow at the highest CAGR (11.0%) during the forecast period.

• BY COOLING CAPACITY

  By cooling capacity, the 700–3,000 RT segment will dominate the market during the forecast period.

• Competitive Landscape - Key Players

  Johnson Controls (Ireland), Trane Technologies (Ireland), Carrier (US), Daikin (Japan), and Vertiv Group Corp. (US) were identified as leading players in the data center chillers market, given their strong market share and product portfolios.

• Competitive Landscape - Startups

  Rittal GmbH & Co. KG (Germany), and Climaveneta Climate Technologies PVT. LTD. (India), among others,have distinguished themselves among startups and SMEs by securing strong footholds in specialized niche areas, underscoring their potential emerging market leaders.

Data center chillers form the backbone of thermal management systems in modern data centers, ensuring that critical IT equipment operates within safe temperature ranges despite continuously increasing computing loads. The market encompasses a range of cooling solutions, including air-cooled chillers, water-cooled chillers, and liquid coolant chillers, each designed to meet specific operational and efficiency requirements. Technologies such as screw chillers, centrifugal chillers, and scroll chillers further enable data center operators to optimize cooling performance across facilities ranging from edge installations to hyperscale campuses. As organizations accelerate digital transformation initiatives, demand for data storage, cloud services, and real-time data processing continues to expand, increasing the need for reliable cooling infrastructure. The growing deployment of artificial intelligence, machine learning, and high-performance computing applications is placing additional pressure on thermal management systems due to rising server densities and heat generation. At the same time, data center operators are prioritizing energy efficiency, operational reliability, and sustainability, driving investment in advanced chiller technologies. The continued expansion of hyperscale, colocation, and edge data centers across key regions is further strengthening demand, making data center chillers an essential component of next-generation digital infrastructures.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

The impact on consumers' businesses arises from evolving customer trends or market disruptions. Megatrends such as sustainability and digital transformation, alongside disruptions such as AI, supply chain localization, and the energy transition, are significantly reshaping customer priorities and business models. Traditionally, revenue mixes were dominated by legacy products and processes focused on volume and cost. Today, customers are shifting toward high-margin, innovation-driven, and sustainable solutions to remain competitive and future-proof. This transition is prompting businesses to adapt quickly, invest in cleaner technologies, and enhance agility, with suppliers expected to deliver compliant, efficient, and tech-enabled offerings that align with evolving market demands.

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET DYNAMICS

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

DATA CENTER CHILLERS MARKET: COMMERCIAL USE CASES ACROSS INDUSTRIES

MARKET ECOSYSTEM

The data center chillers market ecosystem consists of raw material suppliers (e.g. Danfoss, ALFA LAVAL, and BITZER), Manufacturer (e.g., Johnson Controls, Trane Technologies, Carrier, Daikin, and Vertiv Group Corp.), distributors (e.g., Johnson Controls, Vertiv Group Corp., and Schneider Electric), and end users (e.g. Amazon Web Services, Inc., Microsoft, and Google).

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MARKET SEGMENTS

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

REGION

Asia Pacific to be fastest-growing region in data center chillers market during forecast period

Asia Pacific will be registering the fastest growth among all regional markets in the forecast period on account of the fast-growing digital infrastructure, expanding internet access, and widespread adoption of cloud computing services in developed as well as developing countries. There has been a marked increase in the production of digital data by e-commerce sites, digital payment applications, social media apps, and video streaming services, leading to higher demand for the storage and processing of the data. This has led to significant investment in hyperscale, colocation, and edge data centers, all of which have the need for advanced cooling equipment. There has been an accelerated uptake of technology such as artificial intelligence (AI), machine learning, 5G technology, and high-performance computing infrastructure that is causing an increase in heat generation due to higher server densities, thus demanding improved cooling solutions. Significant investment by governments and private organizations in developing digital infrastructure will help in boosting the building of data centers in the region. Moreover, growing awareness regarding energy efficiency and sustainability, and reliable data storage will contribute to the uptake of various types of cooling systems, such as water-cooled, air-cooled, and liquid coolant chillers.

DATA CENTER CHILLERS MARKET: COMPANY EVALUATION MATRIX

Johnson Controls is widely regarded as one of the leading players/star players in the data center chillers market due to its extensive portfolio of high-capacity cooling solutions, strong global presence, and established expertise in data center thermal management. In contrast, Schneider Electric is emerging as a notable player through its growing focus on integrated data center infrastructure, energy-efficient cooling solutions, and intelligent digital management platforms. While Johnson Controls benefits from a mature market position and broad deployment across large-scale facilities, Schneider Electric is strengthening its presence by capitalizing on increasing demand for sustainable, AI-ready, and energy-optimized data center environments.

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

KEY MARKET PLAYERS

MARKET SCOPE

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RECENT DEVELOPMENTS

• February 2026 : Johnson Controls announced its newest innovation in data center thermal management, the YORK YDAM air-cooled magnetic bearing centrifugal chiller. The innovative chiller is purpose-built to overcome the complex space and site challenges in high-density, multistory data centers. Built around the company's award-winning YORK YVAM chiller technology, YDAM delivers best-in-class cooling capacity within a compact footprint, helping data centers scale faster and more efficiently without consuming water.
• April 2025 : Daikin expanded its data center cooling portfolio with the launch of the Pro-C CRAH range. This unit is available in two configurations: for hard floors and for raised floor. In the case of hard floors, either the split or compact configuration can be chosen. For raised floors, only the split configuration is available, which includes an optimized heat exchanger with high energy efficiency that recovers heat from the expelled air and transfers it to the inlet air. This reduces energy consumption.

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Market Size Estimation

The top-down and bottom-up approaches have been employed to estimate and validate the total size of the data center chillers  market. These approaches have also been used extensively to estimate the size of various dependent market subsegments. The research methodology used to estimate the market size included the following:
The following segments provide details about the overall market size estimation process employed in this study:

Data Center Chillers Market : Top-Down and Bottom-Up Approach

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