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Global Data Center Chillers Market Set to Reach USD 3.4 Billion by 2032

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The data center chillers market plays a crucial role in enabling temperature control within data centers—vital for safeguarding sensitive IT hardware, maintaining uptime, and optimizing energy efficiency. According to Stratview Research, the global data center chillers market size was USD 1.8 billion in 2024 and is expected to grow from USD 2 billion in 2025 to USD 3.4 billion in 2032, witnessing an impressive market growth (CAGR) of 8.2% during the forecast period (2025-2032).

Product & Technology Segmentation

The market is segmented by:

  • Product Type: Air‑cooled chillers, water‑cooled chillers, and glycol‑cooled chillers.
  • Technology Type: Scroll chillers, screw chillers, centrifugal chillers, absorption chillers, and magnetic bearing chillers.
  • Power Type: Electric‑powered chillers, thermally‑powered (absorption) chillers, and hybrid systems.

These diverse sub‑segments reflect evolving preferences across efficiency, environmental adaptation, and energy strategy in data center cooling.

Data Center Size Segmentation

The market applies to:

  • Small data centers
  • Medium data centers
  • Large data centers
  • Hyperscale data centers

This segmentation underscores how cooling requirements vary significantly—from localized, lower-capacity operations to sprawling hyperscale facilities demanding advanced thermal management solutions.

Regional Insights

Stratview Research outlines four major regions:

  • North America (USA, Canada, Mexico)
  • Europe (Germany, France, Italy, UK, Rest of Europe)
  • Asia‑Pacific (China, Japan, India, Rest of APAC)
  • Rest of the World (Brazil, Saudi Arabia, others)

While specific regional growth rates are not detailed in the provided excerpt, diversity across these areas implies varied adoption rates, driven by digital growth, sustainability initiatives, and infrastructure investment patterns.

Trends & Growth Drivers

Key factors propelling market expansion include:

  • Rapid digital transformation and heightened demand for cloud computing, AI, and data-intensive services.
  • Need for energy-efficient cooling systems that minimize PUE (Power Usage Effectiveness) and support sustainable operations.
  • Rising power densities in data centers, especially hyperscale and high‑performance computing (HPC) environments, intensify cooling demands and fuel innovation in chiller technologies.

Competitive Landscape & Opportunities

Though Stratview’s summary doesn’t list players, the report’s title indicates competitive analysis is included—suggesting a market populated by established HVAC and industrial refrigeration companies investing in innovation and regional expansion.

Growth opportunities are particularly promising in:

  • Hyperscale and high‑density data centers.
  • Regions with accelerating data infrastructure spending—especially in Asia‑Pacific.
  • Applications demanding efficient, sustainable cooling—leading to adoption of hybrid, magnetic bearing, or absorption chillers.

Summary

Segmented across technology, power sources, center size, and region, the market reflects a dynamic landscape driven by evolving cooling needs of next-generation data infrastructure. Competitive innovation and growing demand—especially in energy-dense, sustainability-focused environments—underscore the opportunity for stakeholders in this evolving domain.

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