1. Global IT Cooling System Market Size (Revenue) Analysis
IT cooling systems are exactly what the name suggests: systems that control the temperature of IT equipment. Much IT equipment needs to run around the clock, and failure to manage heat and airflow in areas where IT equipment are housed can have catastrophic effects on a business. Not only are energy efficiency severely reduced (requiring significant resources to lower temperatures), but overheating IT equipment can quickly exacerbate operational risks.
Global IT Cooling System market is projected to experience a robust expansion from 2025 to 2033, with market revenues increasing from $4,850.03 million in 2025 to an estimated $11,865.39 million by 2033.
The upward trend signifies escalating demand for IT cooling solutions, aligning with the growing importance of managing heat in data centers to ensure optimal performance and efficiency in IT infrastructure worldwide.
Figure Global IT Cooling System Market Size (M USD) Outlook (2025-2033)
2. IT Cooling System Market Drivers and Restraints
Data centers are developing rapidly and cooling needs are increasing:
In recent years, with the rapid development of new technologies and applications such as 5G, industrial Internet, artificial intelligence, cloud computing, and big data, the demand for storage, computing, and application of data resources has increased significantly, driving the construction demand for data centers. The continuous advancement of industrial modernization has created a large demand for data center computing power, and the market prospects are broad. The user market in highly digital industries such as e-commerce, finance, and communications continue to expand, and the demand in the data center industry continues to increase. As the scale of data centers expands, computing power and power density continue to increase, and the energy consumption supporting the operation of IT equipment also increases rapidly. The high energy consumption of data computing, storage, and exchange is accompanied by the huge heat generated by the equipment. IT equipment converts more than 99% of the electrical energy into heat energy. The heat energy needs to be removed by the data center through the heat dissipation and cooling system. The IT Cooling System can solve the problem of accumulating heat energy in the data center. This brings vast development space and market potential to the IT Cooling System market. With the rapid development of global digitalization, the data center industry has attracted the attention of countries around the world, and the market size has grown year by year, thus promoting the growth of the IT Cooling System market.
High investment cost:
IT Cooling System are expensive: Just running servers and data centers requires a lot of energy. Customers will expend additional energy to reduce the heat generated by these systems. The cooling system is one of the most expensive components of any data center. Studies show that 30 to 55 percent of a data center’s energy consumption is used to power its cooling and ventilation systems, with the average hovering around 40 percent. For small businesses, state-of-the-art cooling systems are simply out of the question. The cost of expensive HVAC systems and complex water-cooling systems designed specifically for data center temperature control is well beyond the reach of small and medium-sized businesses.
Data center cooling systems produce massive carbon emissions:
The Intergovernmental Panel on Climate Change (IPCC) emphasizes that deep, rapid and sustained reductions in greenhouse gas (GHG) emissions are critical for all sectors, starting now and continuing throughout the decade. To limit global warming to 1.5°C above pre-industrial levels, emissions must already be falling and will need to be cut by nearly half by 2030. According to the International Energy Agency, global data centers consume more than 250 terawatt hours (TWh) of electricity, accounting for approximately 1% of global electricity demand and 0.3% of global carbon emissions. One of the major contributors to data center carbon emissions is the cooling technology used; for example, traditional air-cooling methods used in data centers result in significant carbon emissions. Therefore, one of the major challenges for data center cooling manufacturers is to invent such technologies or coolants to enhance data center cooling while reducing carbon emissions. These factors create challenges for IT Cooling System manufacturers.
2. Global IT Cooling System Revenue and Share by Type
Small and medium-sized systems are suitable for IT equipment that generates low to medium heat.
Large systems are usually suitable for large data processing centers. The cooling effect of such IT cooling systems is stronger than that of small and medium-sized systems, and the volume is larger.
From 2020 to 2025, the global IT Cooling System market demonstrated a shift in revenue distribution between small and medium-sized systems and large systems. In 2020, small and medium-sized systems accounted for approximately 69.78% of the market, generating revenues of $2,112.82 million, while large systems held a 30.22% share with $914.96 million in revenue. Over the years, the market share for large systems increased, reaching 38.42% by 2025 with projected revenues of $1,863.19 million. Conversely, the market share for small and medium-sized systems decreased to 61.58% by 2025, with revenues expected to be $2,986.83 million.
Table Global IT Cooling System Revenue (M USD) by Type (2020-2025)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
Small and medium-sized systems | 2112.82 | 1991.62 | 2230.42 | 2475.11 | 2723.84 | 2986.83 |
Large systems | 914.96 | 932.22 | 1135.96 | 1366.50 | 1618.62 | 1863.19 |
Total | 3027.78 | 2923.84 | 3366.38 | 3841.61 | 4342.46 | 4850.03 |
Figure Global IT Cooling System Market Share by Type in 2025
3. Global IT Cooling System Revenue and Market Share by Application
In 2020, the telecommunications sector generated $733.16 million, accounting for 24.21% of the market, and by 2025, it was projected to reach $1,363.42 million, with its share expanding to 28.11%. The internet data center application also showed robust growth, increasing from $695.82 million in 2020 (22.98% market share) to an expected $1,173.37 million in 2025 (24.19% market share). Meanwhile, the financial data center application grew from $434.77 million in 2020 (14.36% market share) to a projected $849.50 million in 2025 (17.52% market share). The energy application’s share slightly decreased from 14.51% in 2020 to 12.05% in 2025, with revenues increasing from $439.40 million to $584.35 million.
Various industries are increasingly relying on IT cooling systems, especially in telecommunications and internet data centers, which are critical in the rapid digitalization of the global economy.
Table Global IT Cooling System Revenue (M USD) by Application (2020-2025)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
Financial Data Center | 434.77 | 414.60 | 536.70 | 636.40 | 750.94 | 849.50 |
Internet Data Center | 695.82 | 710.20 | 794.30 | 917.48 | 1049.40 | 1173.37 |
Telecommunication | 733.16 | 731.68 | 869.64 | 1026.36 | 1194.40 | 1363.42 |
Energy | 439.40 | 408.74 | 455.06 | 501.42 | 543.93 | 584.35 |
Others | 724.63 | 658.62 | 710.68 | 759.95 | 803.80 | 879.39 |
Total | 3027.78 | 2923.84 | 3366.38 | 3841.61 | 4342.46 | 4850.03 |
Figure Global IT Cooling System Market Share by Application in 2025
5. Global IT Cooling System Market by Region & Country
Global IT Cooling System market has demonstrated steady growth from 2020 to 2025, with a total revenue increasing from $3.03 billion in 2020 to an estimated $4.85 billion in 2025.
United States leads with the highest revenue, showing a steady increase from $1,499.66 million in 2020 to a projected $2,410.95 million in 2025, maintaining a consistent market share of around 49.5%. Europe follows with a substantial revenue growth from $801.45 million to $1,272.16 million, holding a market share that slightly decreases from 26.47% to 26.23%. China and Japan also demonstrate growth, with China’s revenue increasing from $159.56 million to $295.37 million and Japan’s from $64.79 million to $96.52 million. India and Southeast Asia show the most significant proportional growth, with India’s revenue rising from $37.85 million to $66.93 million and Southeast Asia’s from $61.77 million to $93.61 million. Latin America and the Middle East and Africa experience moderate growth, with revenues increasing from $123.23 million to $199.82 million and from $75.09 million to $116.40 million, respectively.
Table Global IT Cooling System Revenue (M USD), Region Wise (2020-2025)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
United States | 1499.66 | 1446.72 | 1668.38 | 1906.97 | 2156.90 | 2410.95 |
Europe | 801.45 | 772.43 | 887.83 | 1011.21 | 1140.84 | 1272.16 |
China | 159.56 | 159.12 | 188.83 | 222.37 | 258.70 | 295.37 |
Japan | 64.79 | 61.73 | 70.11 | 79.01 | 87.83 | 96.52 |
India | 37.85 | 37.28 | 43.79 | 51.03 | 58.94 | 66.93 |
Southeast Asia | 61.77 | 58.96 | 67.20 | 75.70 | 84.63 | 93.61 |
Latin America | 123.23 | 119.30 | 137.72 | 157.61 | 178.64 | 199.82 |
Middle East and Africa | 75.09 | 72.06 | 82.45 | 93.50 | 104.96 | 116.40 |
Others | 204.38 | 196.25 | 220.06 | 244.21 | 271.03 | 298.28 |
Total | 3027.78 | 2923.84 | 3366.38 | 3841.61 | 4342.46 | 4850.03 |
6. Global IT Cooling System Analysis by Players
In the global IT Cooling System market, Vertiv Holdings Co, Schneider, and STULZ emerge as the top three players, holding substantial market shares and exhibiting strong revenue growth from 2020 to 2025.
Vertiv Holdings Co, with a market share of 19.30% in 2025, has shown a consistent increase in revenue from 2020 to 2025, reaching $936.01 million, reflecting its strong market position and growth. Schneider follows with a 15.49% market share in 2025, exhibiting a stable growth pattern with a revenue of $751.34 million, highlighting its competitive edge in the market. STULZ, with a 13.23% market share in 2025, has also demonstrated a growing trend with a revenue of $641.48 million, indicating its significant contribution to the IT Cooling System industry.
These companies are leading the market with their innovative solutions, global reach, and financial stability, shaping the competitive landscape of the IT Cooling System market.
Figure IT Cooling System Market Share of Top 3 Players
