Home > Semiconductors & Electronics > Data Center > Data Center Cooling > Data Center Chillers Market

Data Center Chillers Market Trends

  • Report ID: GMI10766
  • Published Date: Aug 2024
  • Report Format: PDF

Data Center Chillers Market Trends

A key trend in the data center chillers industry is the growth of hyperscale data centers, driving the demand for high-capacity, efficient cooling solutions. These expansive facilities, operated by major tech companies and cloud service providers, require robust chiller systems capable of managing substantial heat loads generated by their high-density computing environments. For instance, the latest advancements in chiller technology include modular systems that can be expanded as needed, providing the flexibility to meet the growing demands of hyperscale data centers. For instance, in January 2024, Danfoss announced a partnership with Google to enhance the sustainability and efficiency of Google’s hyperscale data centers by providing advanced cooling and heat reuse systems. Danfoss will deploy its oil-free Turbocor compressors, suitable for various cooling applications, and design heat reuse solutions to supply renewable energy for on-site and nearby community heating.
 

Another significant trend is the increasing adoption of green technologies across the world. Companies are prioritizing sustainability by shifting toward eco-friendly chillers that use natural refrigerants, such as ammonia, carbon dioxide, and hydrocarbons, which have lower global warming potential compared to traditional refrigerants. This shift is driven by both regulatory requirements and a commitment to reducing carbon footprints. For instance, recent developments include the implementation of advanced heat recovery systems and chillers designed to meet green building standards, such as LEED.

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size for data center chillers was valued at USD 1.4 billion in 2023 and is estimated to register over 9% CAGR between 2024 and 2032 owing to rise of IoT and big data technologies.

The water-cooled chillers segment generated around USD 600 million in 2023 due to their superior efficiency and performance in large-scale cooling applications.

North America market held 35% share in 2023 driven by well-established technology infrastructure and significant investments.

Airedale, Carrier Global, Daikin, Johnson Controls, Mitsubishi, Rittal, Schneider, Stulz GmbH, Trane, and Vertiv

Data Center Chillers Market Scope

Buy Now

Immediate Delivery Available

Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 350
  • Countries covered: 21
  • Pages: 148
 Download Free Sample