North America Data Center Cooling Market Size & Outlook

The data center cooling market in North America is expected to reach a projected revenue of US$ 14,939.3 million by 2030. A compound annual growth rate of 12.7% is expected of North America data center cooling market from 2024 to 2030.
Revenue, 2023 (US$M)
$6,463.2
Forecast, 2030 (US$M)
$14,939.3
CAGR, 2024 - 2030
12.7%
Report Coverage
North America

North America data center cooling market highlights

  • The North America data center cooling market generated a revenue of USD 6,463.2 million in 2023.
  • The market is expected to grow at a CAGR of 12.7% from 2024 to 2030.
  • In terms of segment, air conditioners was the largest revenue generating product in 2023.
  • Precision air conditioners is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.


North America data book summary

Market revenue in 2023USD 6,463.2 million
Market revenue in 2030USD 14,939.3 million
Growth rate12.7% (CAGR from 2023 to 2030)
Largest segmentAir conditioners
Fastest growing segmentPrecision air conditioners
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAir Conditioners, Precision air conditioners, Chillers, Air Handling Units
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, North America region accounted for 34.7% of the global data center cooling market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 25,424.7 million by 2030.

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Data Center Cooling Market Scope

Data center cooling market segmentation & scope
Air Conditioners
Precision air conditioners
Chillers
Air Handling Units
Others
Telecom
IT
Retail
Healthcare
BFSI
Energy
Others
Raised floor
Non Raised floor
Rack Based Cooling
Row Based Cooling
Room Based Cooling

Data Center Cooling Market Companies

Name Profile # Employees HQ Website

North America 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 will help companies and investors design strategic landscapes.


Air conditioners was the largest segment with a revenue share of 31.09% in 2023. Horizon Databook has segmented the North America data center cooling market based on air conditioners, precision air conditioners, chillers, air handling units covering the revenue growth of each sub-segment from 2018 to 2030.


The growth of the market in North America can be attributed to the efforts taken by local governments to invest in the data center cooling market. In May 2023, the U.S. Department of Energy (DOE) announced its plan to provide USD 40 million in funding for 15 projects aimed at developing energy-efficient, highperformance cooling solutions for data centers. 

Data centers, which are utilized to house computers, storage devices, and computing infrastructure, consume approximately 2% of the nation's electricity, with data center cooling accounting for up to 40% of the total energy used in data centers. 

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Horizon Databook provides a detailed overview of continent-level data and insights on the North America data center cooling market , including forecasts for subscribers. This continent databook contains high-level insights into North America data center cooling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America data center cooling market size, by country, 2018-2030 (US$M)

North America Data Center Cooling Market Outlook Share, 2023 & 2030 (US$M)

North America data center cooling market size, by country, 2018-2030 (US$M)

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