Canada Data Center Cooling Market Size (2024 - 2029)

Canada Data Center Cooling Market Analysis

The Canada Data Center Cooling Market size is estimated at USD 0.3 billion in 2024, and is expected to reach USD 0.8 billion by 2030, growing at a CAGR of 20% during the forecast period (2024-2030).

The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investments by domestic players are some of the major factors driving the demand for data centers in the country.

Under Construction IT Load Capacity: The IT load capacity of the Canadian data center cooling market is expected to reach 1,700 MW by 2030.

Under Construction Raised Floor Space: The country's construction of raised floor area is expected to increase to 6 million sq. ft by 2030.

Planned Racks: The country's total number of racks to be installed is expected to reach 300 thousand units by 2030. Quebec is expected to house the maximum number of racks by 2030.

In Canada's east and west coasts, average high temperatures are recorded in the low 20 °C, while between the coasts, the average summer high temperature varies from 25 °C to 30 °C, with temperatures in some interior locations occasionally exceeding 40 °C. Depending upon climatic conditions, DC cooling is done in the DC facilities.

Planned Submarine Cables: There are close to 16 submarine cable systems connecting Canada, and many are under construction. One such submarine cable, which is estimated to start service in 2025, is Sednalink Fibre. It stretches over 2,104 km with landing points from Goose Bay, Newfoundland, Canada, to Iqaluit, Nunavut, Canada.

Canada Data Center Cooling Industry Segmentation

Data center cooling is a system that helps maintain optimal operating temperatures in data center environments. It is critical, as data center facilities house many computer servers and network equipment that generate heat during operation. Efficient cooling systems are used to dissipate this heat and prevent equipment from overheating, ensuring continued reliable operation of the data center. Methods such as air conditioning, liquid cooling, and hot/cold aisle containment are commonly used to control temperature and humidity in data centers.

The Canadian data center cooling market is segmented by technology (air-based cooling [chiller and economizer, CRAH, cooling towers, and other air-based cooling technologies] and liquid-based cooling [immersion cooling, direct-to-chip cooling, and rear-door heat exchanger]), type of data center (hyperscale, enterprise, and colocation), and end-user industry (it and telecom, retail and consumer goods, healthcare, media and entertainment, federal and institutional agencies, and other end-user industries). The report offers market sizes and forecasts in terms of value (USD) for the above segments.