MarketsandMarkets projects the global data center chillers market to grow from $1.67 billion in 2026 to $2.81 billion in 2032, representing a compound annual growth rate of 9.0%. The forecast links demand to expanding data storage, cloud services, real-time processing, artificial intelligence and high-performance computing workloads.
The market includes air-cooled, water-cooled and liquid coolant chillers, as well as scroll, screw and centrifugal technologies. The report expects the 700–3,000 RT (approximately 2.46–10.55 MW) cooling-capacity segment to dominate during the forecast period.
Water-cooled chillers are projected to hold the largest product share, while liquid coolant chillers are expected to record the highest product CAGR at 20.0%. By technology, screw chillers are forecast to account for the largest share, while scroll chillers are projected to grow at the highest CAGR of 11.0%.
North America is expected to remain the largest regional market, supported by its concentration of hyperscale, colocation and enterprise data centers. Asia Pacific is forecast to record the fastest regional growth, with a CAGR of 11.5%.
MarketsandMarkets identified Johnson Controls, Trane Technologies, Carrier, Daikin and Vertiv Group Corp. as leading market participants based on market share and product portfolios.
