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Nordic Countries Data Center Cooling Market Size & Outlook

The data center cooling market in Nordic Countries is expected to reach a projected revenue of US$ 5,367.5 million by 2035. A compound annual growth rate of 23.2% is expected of Nordic Countries data center cooling market from 2026 to 2035.

  • Enterprise Technology & Automation
    • Industrial Automation & Frontier Technologies
      • Data Center Cooling Market Outlook
Revenue, 2025 (US$M)
$685.0
Estimate, 2026 (US$M)
$818.8
Forecast, 2035 (US$M)
$5,367.5
CAGR, 2026 - 2035
23.2%
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Nordic Countries data center cooling market highlights

  • The Nordic Countries data center cooling market generated a revenue of USD 685.0 million in 2025 and is expected to reach USD 5,367.5 million by 2035.
  • The Nordic Countries market is expected to grow at a CAGR of 23.2% from 2026 to 2035.
  • In terms of segment, solutions was the largest revenue generating product in 2025.
  • Services is the most lucrative product segment registering the fastest growth during the forecast period.


Data center cooling market data book summary

Market revenue in 2025USD 685.0 million
Market revenue in 2035USD 5,367.5 million
Growth rate23.2% (CAGR from 2026 to 2035)
Largest segmentSolutions
Fastest growing segmentServices
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2035
Quantitative unitsRevenue in USD million
Market segmentationSolutions, Services
Key market players worldwideFujitsu Ltd, Hitachi Ltd, Johnson Controls International PLC, Mitsubishi Electric Corp, Dell Technologies Inc Ordinary Shares - Class C, Air Enterprises, LLC., Asetek, Nortek Air Solutions


Other key industry trends

  • In terms of revenue, Nordic Countries accounted for 2.6% of the global data center cooling market in 2025.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2035.
  • In Europe, UK data center cooling market is projected to lead the regional market in terms of revenue in 2035.
  • Nordic Countries is the fastest growing regional market in Europe and is projected to reach USD 5,367.5 million by 2035.

An increasing number of energy-efficient data centers is responsible for the growth of the Nordic data center cooling market. For instance, in February 2023, Prime, a data center developer, announced its plan to create a 124MW campus comprising three buildings in Energivej in Saeby, northern Denmark.

The three threestory buildings totaling 45 MW, spread across 348,750 sq ft (32,400 sqm), are expected to be located on the 27.52-acre property. The campus will run entirely on renewable energy, and Saeby Heat Plant's waste heat is expected to be recycled and used to provide heating to the local district.

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Publish Date: Jan 21, 2026

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Data Center Cooling Market Companies

NameProfile# EmployeesHQWebsite
Fujitsu LtdView profile 124,055Shiodome City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, Japan, 105-7123www.fujitsu.com
Hitachi LtdView profile 322,5256-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280www.hitachi.com
Johnson Controls International PLCView profile 102,000One Albert Quay, Cork, Ireland, T12 X8N6www.johnsoncontrols.com
Mitsubishi Electric CorpView profile 149,134Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8310www.mitsubishielectric.com
Dell Technologies Inc Ordinary Shares - Class CView profile 120,000One Dell Way, Round Rock, TX, United States, 78682www.delltechnologies.com
Air Enterprises, LLC.View profile 51-100Akron, Ohio, United States, North Americaairenterprises.com
AsetekView profile 51-100Aalborg, Nordjylland, Denmark, Europewww.asetek.com
Nortek Air SolutionsView profile 1001-5000O Fallon, Missouri, United States, North Americawww.nortekair.com/

Nordic Countries Data Center Cooling Market Outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Data Center Cooling Market Outlook will help companies and investors design strategic landscapes.


Solutions was the largest segment with a revenue share of 83.93% in 2025.

Horizon Databook has segmented the Nordic Countries data center cooling market based on solutions, services covering the revenue growth of each sub-segment from 2021 to 2035.




An increasing number of energy-efficient data centers is responsible for the growth of the Nordic data center cooling market. For instance, in February 2023, Prime, a data center developer, announced its plan to create a 124MW campus comprising three buildings in Energivej in Saeby, northern Denmark.

The three threestory buildings totaling 45 MW, spread across 348,750 sq ft (32,400 sqm), are expected to be located on the 27.52-acre property. The campus will run entirely on renewable energy, and Saeby Heat Plant's waste heat is expected to be recycled and used to provide heating to the local district.

  • Nordic Countries Data Center Cooling Market Product Outlook (Revenue, USD Million , 2021-2035)
    • Solutions
    • Services
  • Nordic Countries Data Center Cooling Market Application Outlook (Revenue, USD Million , 2021-2035)
    • Telecom
    • IT
    • Retail
    • Healthcare
    • BFSI
    • Energy
    • Others
  • Nordic Countries Data Center Cooling Market Type Outlook (Revenue, USD Million , 2021-2035)
    • Raised floor
    • Non Raised floor
  • Nordic Countries Data Center Cooling Market Structure Outlook (Revenue, USD Million , 2021-2035)
    • Rack Based Cooling
    • Row Based Cooling
    • Room Based Cooling

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Horizon Databook provides a detailed overview of country-level data and insights on the Nordic Countries Data Center Cooling Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Nordic Countries Data Center Cooling Market Outlook from 2021 to 2035, including revenue numbers, major trends, and company profiles.

Nordic Countries Data Center Cooling Market, 2021-2035 (US$M)

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Nordic Countries data center cooling market statistics, by product, 2021-2035 (USD Million)

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