MarketsandMarkets forecasts $17.31 billion direct-to-chip cooling market

AI, high-performance computing and hyperscale workloads are set to drive 26.5% annual growth through 2032, with single-phase systems leading.

MarketsandMarkets forecasts $17.31 billion direct-to-chip cooling market

The global data center direct-to-chip cooling market is projected to grow from USD 3.33 billion in 2026 to USD 17.31 billion by 2032, according to MarketsandMarkets. The forecast represents a compound annual growth rate of 26.5%, driven by AI, high-performance computing and hyperscale workloads.

The report expects single-phase direct-to-chip cooling to hold the largest market share and register the highest growth rate. In these systems, the coolant remains liquid throughout heat transfer, avoiding phase-change mechanisms. MarketsandMarkets says their operational simplicity, cost efficiency and compatibility with new and retrofit server installations support adoption.

Water-glycol-based coolants are projected to be the fastest-growing coolant segment. The report cites heat-transfer capacity, freeze protection, corrosion prevention and compatibility with existing HVAC and liquid cooling systems as factors supporting their use.

Hyperscale data centers are expected to be the fastest-growing end-user segment as cloud and technology companies expand high-density computing infrastructure. MarketsandMarkets identifies the expansion of edge and modular data centers as an opportunity, while high initial investment and leakage and reliability risks remain constraints.

North America is projected to hold the largest market share by value, while Asia Pacific is expected to record the highest growth. The report links Asia Pacific growth to investments in data center infrastructure and the expansion of hyperscale and technology companies in the region.

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