Who are the key players in the data center liquid cooling market?

Some key players operating in the data center liquid cooling market include Alfa Laval, Asetek, Inc., Asperitas, COOLIT SYSTEMS, Dell Inc., Fujitsu, Hitachi, Ltd., Iceotope Technologies, Lenovo Group Limited, LiquidStack, Mitsubishi Electric Corporation, NTT Ltd., Schneider Electric, STULZ GMBH, Vertiv Group Corp.

How big is the data center liquid cooling market?

The global data center liquid cooling market size was estimated at USD 6.65 billion in 2025 and is expected to reach USD 8.17 billion in 2026.

What is the data center liquid cooling market growth?

The global data center liquid cooling market is expected to grow at a compound annual growth rate of 20.1% from 2026 to 2033 to reach USD 29.46 billion by 2033.

Which segment accounted for the largest data center liquid cooling market share?

The data center liquid cooling market in North America held a significant share of nearly 35.6% in 2025, driven by increasing demand for energy-efficient thermal management solutions in high-performance computing, AI, and cloud-native workloads.

What are the factors driving the data center liquid cooling market?

The data center liquid cooling market has experienced significant growth due to factors such as the rapid escalation of computing density, driven by AI, machine learning, and high-performance computing workloads. Modern processors, especially GPUs and AI accelerators, operate at extremely high power levels and generate far more heat per rack than traditional enterprise servers.