The global data center liquid cooling companies market is estimated to be 5.38 billion dollars in 2024, and it is expected to reach 17.77 billion dollars in 2030, with a compound annual growth rate of 21.6% from 2025 to 2030. 
Major market trends and insights
In 2024, the data center liquid cooling companies market of North American data centers will occupy an important share of nearly 39.0%.
During the forecast period, the liquid cooling market of data centers in the United States is expected to grow at a significant compound annual growth rate of 21.6%.
By component, the revenue share of the solution part was the largest in 2024, accounting for 60.0%.
Through the solution, in 2024, the direct liquid cooling market segment dominated the market with a revenue share of over 68.0%.
By service, installation and deployment accounted for the largest share of more than 46.0% in 2024.
Market size and forecast
Market size in 2024: USD 5.38 billion.
Estimated market size in 2030: USD 17.77 billion.
Cagr (2025-2030): 21.6%
North America: the largest market in 2024
Asia Pacific: the fastest growing market
With the growth of global data, advanced cooling systems are needed to manage the heat generated by dense server racks. The traditional air cooling system has reached the limit in efficiency, which leads many data centers to adopt data center liquid cooling companies' solutions. A liquid cooling system is famous for its excellent efficiency because liquid can absorb and transfer heat more effectively than air, thus achieving better heat dissipation and reducing energy consumption.
Another key factor is the increasing use of high-performance computing (HPC) applications and artificial intelligence (AI). These applications require high computing power, which in turn generates considerable heat. Data center liquid cooling companies' systems are very important to maintain the performance and reliability of this kind of system, which makes it an attractive choice for data centers carrying high-performance computing workloads, machine learning models, and artificial intelligence-driven applications. The growing demand for artificial intelligence, machine learning, and data analysis in industries such as health care, automobile, and finance has promoted the demand for high-density server environment, which relies heavily on advanced cooling methods.
In addition, the Sustainable Development Initiative is contributing to the data center liquid cooling companies industry in data centers. With people becoming more and more aware of the impact of energy consumption on the environment, enterprises are looking for ways to reduce their carbon footprint. Compared with the traditional air cooling system, liquid cooling is helpful in reducing power consumption and more sustainable operation of data centers because of its energy efficiency. This shift is consistent with the broader trend of adopting green technologies in various industries, especially in areas with strict environmental regulations.
For example, in May 2023, the US Department of Energy (DOE) announced that it would provide $40 million for 15 projects to develop high-performance and energy-saving cooling solutions for data centers. Data centers, including home computers, storage systems, and computing infrastructure, currently account for about 2% of the total electricity consumption in the United States. In these facilities, the cooling system alone accounts for 40% of the total energy consumption. This fund aims to help reduce energy consumption and improve the sustainability of data centers.
Advances in data center liquid cooling companies technology, including immersion cooling and direct cooling to chips, have also promoted the market. These innovations are aimed at optimizing heat transfer while minimizing space requirements and maintenance costs associated with traditional cooling methods. As these technologies become more cost-effective and scalable, more and more data centers are adopting liquid cooling solutions to meet the changing needs of high-performance workloads.
Component insight
Driven by technical, environmental, and economic factors, the solution sector dominated the market, with a revenue share of 60.0% in 2024. One of the main drivers is the rapid growth of high-performance computing (HPC) and artificial intelligence (AI) workloads, which generate much more heat than traditional data center operations. As enterprises increasingly adopt artificial intelligence, machine learning, and big data analysis, the demand for advanced cooling solutions, especially liquid systems that can handle high-density and high-temperature environments more effectively, becomes crucial.
During the forecast period, due to the increasing complexity of the data center liquid cooling companies' systems, special expertise in installation, maintenance, and optimization is needed, and the service department is expected to grow at a compound annual growth rate of 23.0%. Different from the traditional air cooling system, liquid cooling involves advanced technologies, such as liquid cooling directly to the chip, immersion cooling, and back door heat exchangers.