The global data center chillers market is projected to grow from USD 1.67 billion in 2026 to USD 2.81 billion by 2032, d
The report from MarketsandMarkets forecasts the data center chillers market will expand at a compound annual growth rate of 9.0% through 2032. Data center chillers are specialized cooling systems essential for maintaining stable thermal conditions in facilities housing critical IT infrastructure. As organizations increasingly depend on digital platforms, real-time data processing, and cloud-based services, reliable cooling has become vital for ensuring system reliability and minimizing operational disruptions. The market benefits from rapid expansion of digital ecosystems, increasing adoption of artificial intelligence and advanced analytics, and growing requirements for secure data storage and processing. Sustained demand stems from rising investments in new data center construction, modernization of existing facilities, and development of high-density computing environments.
Water-cooled chillers are expected to account for the largest product segment share during the forecast period, attributed to their superior cooling efficiency and ability to support the large continuous thermal loads generated by modern data centers. As hyperscale facilities, cloud computing centers, and high-performance computing environments expand, operators increasingly require cooling systems delivering consistent performance at scale. Water-cooled chillers efficiently manage substantial heat loads while supporting lower energy consumption, making them ideal for facilities where cooling performance and operational efficiency are critical. Growing emphasis on reducing power usage effectiveness and improving overall energy efficiency continues to encourage water-cooled system deployment in both new and existing data centers.
By technology, screw chillers are expected to account for the largest market share, valued for their ability to deliver reliable, energy-efficient, and continuous cooling across varying data center capacities. They offer operational flexibility, handling fluctuating cooling loads while maintaining stable performance, essential when heat generation varies with computing demand. Their robust design, long service life, and relatively lower maintenance requirements make them preferred for mission-critical facilities. As data centers scale to accommodate more intensive workloads, screw chillers are expected to maintain their leading position.
North America is projected to account for the largest regional market share, supported by its extensive concentration of hyperscale, colocation, and enterprise data centers and highly developed digital ecosystem. The region serves as a major hub for cloud computing, artificial intelligence, big data analytics, and high-performance computing, all requiring advanced cooling infrastructure. Leading technology companies, cloud service providers, and data center operators continue investing in new construction and capacity expansion. Leading players include Johnson Controls, Trane Technologies, Carrier, Daikin, and Vertiv Group Corp.