Press release
Asia-Pacific Cooling as a Service Market to Reach $5,640.36 Million by 2032, Driven by Energy Efficiency & Sustainable Cooling Solutions
Asia-Pacific Cooling as a Service market
As per DataM intelligence research report" Asia-Pacific Cooling as a Service market was approximately US$ 2,532.48 million in 2024 and is expected to reach US$ 5,640.36 million in 2032 growing at a CAGR of about 10.6% during the forecast period (2025-2032)." Rising energy efficiency demands and commercial cooling needs are promoting adoption of Cooling-as-a-Service models in Asia-Pacific.
Download your exclusive sample report today: (corporate email gets priority access):
https://www.datamintelligence.com/download-sample/asia-pacific-cooling-as-a-service-market?Prasad
United States: Recent Industry Developments
✅ In November 2025, Carrier Global piloted cross-border Cooling-as-a-Service (CaaS) contracts for multinational clients operating in APAC, bundling predictive maintenance and energy-optimization guarantees. The offering reduces capex and improves uptime. This reinforces Carrier's global service footprint.
✅ In October 2025, Johnson Controls invested US$30 million to develop modular chiller fleets and remote-monitoring platforms enabling CaaS deployments across APAC and U.S. client portfolios. The investment supports scalable leasing models. This strengthens Johnson Controls' integrated-service offerings.
✅ In September 2025, Trane Technologies launched an energy-efficiency-guaranteed CaaS pilot for data centers and cold storage customers with dynamic cooling reassignment and AI-driven controls. The model reduces energy spend and peak demand. This elevates Trane's commercial services capability.
✅ In August 2025, Emerson developed containerized chillers and a remote-service platform to simplify CaaS rollouts for logistics hubs operating across APAC and U.S. markets. The packaged approach lowers setup time and operational risk. This boosts Emerson's service-enablement for scalable cooling.
Japan: Recent Industry Developments
✅ In November 2025, Daikin launched expanded Cooling-as-a-Service contracts across APAC with Japan-based pilots offering predictive maintenance and performance SLAs for retail and manufacturing clients. The package reduces total cost of ownership. This reinforces Daikin's CaaS leadership in the region.
✅ In October 2025, Mitsubishi Electric invested ¥4.0 billion to expand smart-chiller leasing fleets and enhance remote diagnostics for CaaS customers in Southeast Asia. The expansion improves responsiveness and uptime guarantees. This strengthens Mitsubishi Electric's service portfolio.
✅ In September 2025, Toshiba introduced subscription cold-room solutions for food processors with integrated IoT monitoring and hygiene-focused maintenance. The offering supports SMEs seeking operational predictability. This elevates Toshiba's CaaS solutions for cold-chain customers.
✅ In August 2025, Fujitsu piloted AI-driven thermal-optimization services for data halls under CaaS contracts, improving energy use and cooling efficiency. The service improves PUE and reduces operational expense. This boosts Fujitsu's applied cooling-as-a-service capabilities.
Asia-Pacific Cooling as a Service Market: Drivers
The Asia-Pacific cooling as a service market is expanding as industries, commercial buildings, and data centers adopt subscription-based cooling solutions for energy efficiency and cost optimization. The CaaS model enables customers to access efficient cooling infrastructure without upfront capital investment, making it ideal for emerging markets. Rising energy costs, sustainability goals, and increasing heat loads from industrial operations are driving adoption. Advancements in smart chillers, thermal storage, and IoT monitoring systems are improving service performance. Additionally, rapid urbanization and climate challenges are boosting demand for clean, efficient cooling.
Collaboration among energy service companies, technology providers, and building operators is accelerating integration of high-efficiency cooling systems. Government sustainability initiatives and green building regulations are further supporting market growth. Adoption of predictive maintenance, performance-based contracts, and renewable-powered cooling is expanding opportunities. With rising demand for climate-resilient infrastructure and efficient cooling solutions, the Asia-Pacific cooling as a service market is positioned for strong long-term expansion.
Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/asia-pacific-cooling-as-a-service-market?Prasad
Asia-Pacific Cooling as a Service Market: Major Players
Carrier, Johnson Controls, ENGIE Group, CLP Group (CLPe), and Singapore-based Kaer. New entrants such as Tata Power and AESL are expanding via district cooling and renewable infrastructure projects.
Segment Covered in the Asia-Pacific Cooling as a Service Market:
By Technology
Air cooling dominates with 32% share, driven by cost-effectiveness and widespread adoption in commercial and residential sectors. Liquid cooling holds 25%, preferred for mission-critical and high-density applications. Chilled water systems, evaporative cooling, and other technologies contribute 43%, reflecting diverse industrial and process cooling requirements.
By Service
Installation leads with 35% share, driven by rapid deployment of cooling solutions across residential, commercial, and industrial segments. Maintenance accounts for 28%, ensuring system efficiency and longevity. Monitoring and support services contribute 37%, enabling real-time performance management and predictive maintenance.
By Application
Comfort cooling dominates with 30% share, catering to residential and commercial spaces. District/community cooling holds 22%, driven by urban development projects in China, India, and Southeast Asia. Mission-critical, peak shaving/temporary, and process cooling contribute 48%, supporting industrial, data center, and manufacturing requirements.
By End-User
Commercial leads with 38% share, driven by offices, malls, and hospitality sectors adopting outsourced cooling solutions. Industrial holds 32%, supported by process cooling and mission-critical applications. Residential contributes 30%, reflecting growing demand for energy-efficient cooling-as-a-service solutions in urban housing.
Regional Analysis
China (Market Share: 28%)
China leads with 28% share, driven by rapid urbanization, smart city projects, and high adoption of district cooling and industrial solutions. Commercial and industrial end-users dominate deployments.
India (Market Share: 20%)
India accounts for 20% share, supported by rising urban residential cooling demand, commercial infrastructure growth, and increasing adoption of energy-efficient solutions.
Japan (Market Share: 12%)
Japan holds 12% share, led by mission-critical cooling and liquid cooling adoption in industrial and data center applications.
Australia (Market Share: 8%)
Australia contributes 8% share, driven by commercial and residential demand for energy-efficient cooling solutions, particularly air and evaporative cooling technologies.
Southeast Asia (Total Market Share: 32%)
Indonesia, Philippines, Singapore, Malaysia, Vietnam, and other APAC countries together hold 32% share. Growth is fueled by commercial, residential, and industrial projects, with increasing adoption of outsourced cooling services and maintenance contracts.
Purchase this report before year-end and unlock an exclusive 30% discount:
https://www.datamintelligence.com/buy-now-page?report=asia-pacific-cooling-as-a-service-market
(Purchase 2 or more Repots and get 50% Discount)
Request for 2 Days FREE Trial Access:
https://www.datamintelligence.com/reports-subscription?Prasad
✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends
Have a look at our Subscription Dashboard:
https://www.youtube.com/watch?v=x5oEiqEqTWg
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Asia-Pacific Cooling as a Service Market to Reach $5,640.36 Million by 2032, Driven by Energy Efficiency & Sustainable Cooling Solutions here
News-ID: 4294817 • Views: …
More Releases from DataM intelligence 4 Market Research LLP
Clinical Trial Management System Market Set for Strong Growth to USD 4.2 Billion …
The Global Clinical Trial Management System Market reached USD 1.5 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 4.2 billion by 2031. The global clinical trial management system market is expected to exhibit a CAGR of 14.6% during the forecast period (2024-2031).
Market growth is driven by the rising complexity of clinical trials, increasing R&D investments by pharmaceutical and biotech companies, and the need…
Femtech Market US$ 112.30 Billion by 2033 with 12.6% CAGR North America Leads wi …
The Global Femtech Market reached US$ 38.90 billion in 2024 and is projected to grow significantly to US$ 112.30 billion by 2033, registering a CAGR of 12.6% during the forecast period 2025-2033. This strong growth reflects increasing awareness of women's health issues, rising digital health adoption, and greater investments in technology-driven healthcare solutions tailored specifically for women.
Femtech focuses on addressing both female-specific and women-prevalent health conditions through products such as…
Precision Viticulture Market | US$ 9.51 Billion by 2032 | 14.40% CAGR | Europe L …
The Global Precision Viticulture Market reached US$ 3.24 billion in 2024 and is expected to reach US$ 9.51 billion by 2032, growing at a CAGR of 14.40% during the forecast period 2025-2032. Market growth is driven by the increasing adoption of advanced agricultural technologies to improve vineyard productivity, optimize resource utilization, and enhance grape quality amid rising climate variability.
Precision viticulture integrates technologies such as GPS, remote sensing, drones, IoT sensors,…
United States Public Safety and Security Market sees strong growth at a CAGR of …
The public safety and security market is projected to grow from USD 564.05 billion in 2025 to USD 979.84 billion by 2030 at a compound annual growth rate (CAGR) of 11.4% during the forecast period. The growing trend of IoT in public safety is driving the market as connected devices enable real-time monitoring, faster responses, and better management of emergencies. It helps authorities gather accurate data and improve decision-making. The…
More Releases for Asia
Asia Private Equity Firm, Asia Private Equity Management, Asia Private Equity Se …
The private equity market in China has been rapidly growing in recent years. Private equity (PE) refers to the purchase of shares in a company that are not publicly traded on a stock exchange. PE firms typically target companies that are undervalued or in need of capital for growth, and aim to improve the company's operations and financial performance before selling it at a higher value.
https://boomingfaucet.com/
Asia Private Equity Consulting
E-mail:nolan@pandacuads.com
In China,…
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,…
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022.
23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property…
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019".
The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn…
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia
Equipping Asia’s navies with the latest diving technology for asymmetric warfare and
operations
SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is
seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting…
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients.
Asked to comment on the move, Luke Palmer, the…
