Indirect Evaporative Coolers Market Share Driven by Rising Data Center Cooling Demand and Energy-Efficient HVAC Solutions | Valuates Reports

Indirect Evaporative Coolers Market Size
The global market for Indirect Evaporative Coolers was valued at US$ 946 million in the year 2023 and is projected to reach a revised size of US$ 2754 million by 2030, growing at a CAGR of 16.5% during the forecast period.

View sample report
https://reports.valuates.com/request/sample/QYRE-Auto-25X18496/Global_Indirect_Evaporative_Coolers_Market_Research_Report_2024

The Indirect Evaporative Coolers Market is expanding steadily as industries prioritize energy-efficient cooling technologies that reduce operational costs while maintaining high-performance heat management. Market size is strongly influenced by the rapid growth of digital infrastructure, increasing environmental regulations, and the need for sustainable alternatives to traditional mechanical cooling. Market trends reflect a clear shift toward low-water-consumption systems, advanced heat exchange designs, and hybrid cooling architectures that support both environmental goals and high-density operational needs. These developments are driving consistent market growth across industrial and commercial sectors.

By type, systems below 250 kW hold a substantial market share due to their strong adoption in modular facilities, small to mid-sized data rooms, and distributed computing environments. Their flexibility and compact design make them ideal for diverse installations. The 205-350 kW segment is growing rapidly as it caters to medium-scale deployments requiring higher cooling capacity without significant energy overhead. Meanwhile, above 350 kW coolers remain essential for large-scale facilities that rely on high-capacity thermal management, especially in intensive industrial and data center environments. Together, these categories ensure broad applicability across evolving market trends.

In application segmentation, data centers lead the market as operators seek highly efficient cooling technologies to support rising compute loads and reduce reliance on energy-intensive mechanical systems. Indirect evaporative coolers enable stable thermal performance while significantly lowering power consumption, making them a preferred solution in modern digital ecosystems. Cryptocurrency mining facilities also show strong market growth due to their high heat output and demand for cost-effective cooling methods. Commercial and industrial buildings adopt these systems to meet energy-efficiency targets, improve air quality, and optimize long-term operational sustainability.

Leading companies such as Vertiv, Munters, Heatex, Huawei, CAREL, Envicool, Nortek, Air2O, EXcool, Condair, Seeley International, Cambridge Air Solutions, Xinjiang Huayi New Energy Technology, Guangdong Haiwu Technology, Guangdong Shenling Environmental Systems, and Yimikang Tech shape the competitive landscape through advanced heat exchanger technologies, optimized airflow engineering, and strong global service networks. Their focus on high-efficiency solutions, system reliability, and integrated controls helps them maintain significant market share. Emerging players continue to strengthen their positioning through innovation, modular designs, and improved cost-performance offerings.

Regionally, production is driven by North America, Europe, China, and Japan, supported by strong HVAC infrastructure and active development of energy-efficient cooling technologies. Consumption is widespread across North America, Europe, Asia-Pacific, Southeast Asia, and Latin America as businesses adopt indirect evaporative cooling to optimize energy usage and meet environmental standards. Fastest growth is emerging in regions expanding their digital and industrial ecosystems, particularly areas investing in new data centers and energy-efficient buildings. Looking ahead, the market forecast highlights sustained progress supported by advancements in heat exchange materials, smart control integration, hybrid cooling strategies, and rising global emphasis on sustainable thermal management.

by Type

• Below 250 kW
• 205-350 kW
• Above 350 kW

by Application

• Data Center
• Cryptocurrency Mining
• Commercial and Industrial Buildings

By Company

Vertiv, Munters, Heatex, Huawei, CAREL, Envicool, Nortek, Air2O, EXcool, Condair, Seeley International, Cambridge Air Solutions, Xinjiang Huayi New Energy Technology, Guangdong Haiwu Technology, Guangdong Shenling Environmental Systems, Yimikang Tech

View full report
https://reports.valuates.com/market-reports/QYRE-Auto-25X18496/global-indirect-evaporative-coolers

Valuates,
4th Floor,
Balaraj's Arcade,
Whitefield Main road,
Bangalore 560066,

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

This release was published on openPR.