South Korea Data Center Cooling Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2031)

The South Korea Data Center Cooling Market Report 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 (Hyperscaler, 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 Value (USD) for all the Above Segments.

South Korea Data Center Cooling Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2031)

South Korea Data Center Cooling Market Size

South Korea Data Center Cooling Market Summary
Study Period 2019 - 2031
Base Year For Estimation 2024
Forecast Data Period 2025 - 2031
Market Size (2025) USD 176.67 Million
Market Size (2031) USD 454.12 Million
CAGR (2025 - 2031) 17.04 %
Market Concentration Medium

Major Players

South Korea Data Center Cooling Market Major Players

*Disclaimer: Major Players sorted in no particular order

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South Korea Data Center Cooling Market Analysis

The South Korea Data Center Cooling Market size is estimated at USD 176.67 million in 2025, and is expected to reach USD 454.12 million by 2031, at a CAGR of 17.04% during the forecast period (2025-2031).

  • The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in South Korea.
  • The IT load capacity of the South Korean data center cooling market is expected to reach 2K MW by 2030. The country's construction of raised floor area is expected to increase to 5 million sq. ft by 2030. The country's total number of racks to be installed is expected to reach 270 thousand units by 2030. Greater Seoul is expected to house the maximum number of racks by 2030. Throughout the year, temperatures typically fluctuate between 21 °F and 85 °F, rarely dropping below 11 °F or above 91 °F. Depending upon climatic conditions, the DC cooling is processed in the DC facilities.
  • There are close to 10 submarine cable systems connecting South Korea, and many are under construction. One such submarine cable that started service in 2023 is Southeast Asia-Japan Cable 2 (SJC2), which stretches over 10,500 km, with landing points in Geoje, South Korea.

South Korea Data Center Cooling Industry Overview

The South Korean data center cooling market exhibits a moderate level of competitiveness but has gained a significant competitive edge in recent years. A select few major players, including Stulz GmbH, Schneider Electric SE, Vertiv Group Corp., Rittal GmbH & Co. KG, and Iceotope Technologies Limited, prominently dominate this market in terms of market share.

March 2023: STULZ, a renowned mission-critical air conditioning company based in Hamburg, announced a noteworthy development. It announced that certain units within its industry-leading CyberAir 3PRO DX series were equipped to utilize the environmentally friendly refrigerant R513A, known for its low global warming potential (GWP). This breakthrough underscored the company's unwavering commitment to delivering the most sustainable air conditioning solutions for data centers. Furthermore, STULZ extended its commitment to sustainability by incorporating the R513A refrigerant into additional products within its portfolio, further promoting eco-friendly practices in the industry.

South Korea Data Center Cooling Market Leaders

  1. Stulz GmbH

  2. Schneider Electric SE

  3. Vertiv Group Corp.

  4. Rittal GmbH & Co. KG

  5. Iceotope Technologies Limited

  6. *Disclaimer: Major Players sorted in no particular order
South Korea Data Center Cooling Market Concentration
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South Korea Data Center Cooling Market News

  • October 2023: GRC, DCV Industries, and Dell Technologies collaborated to deliver high-efficiency, containerized data centers to the Middle East. This collaboration leverages GRC's patented single-phase immersion cooling systems, DCV's durable containerized data center enclosures, and Dell's high-density PowerEdge servers. These components are expected to form a comprehensive solution that notably slashes data center construction, upkeep, and energy expenses, especially in challenging environments.
  • May 2023: South Korean tech company KT Cloud inked an agreement with Immersion 4 to incorporate immersion cooling technology into its data center infrastructure. This groundbreaking approach involves submerging ICT devices in a non-conductive dielectric solution. By adopting this cutting-edge technology, KT Cloud aims to effectively combat the temperature imbalances commonly encountered in server rooms when relying on traditional air cooling methods.

South Korea Data Center Cooling Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumption and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Key Cost Considerations for Cooling
    • 4.2.1 Analysis of the Key Cost Overheads Related to DC Operations with an Eye on DC Cooling
    • 4.2.2 Comparative Study of the Cost and Operational Considerations Related to Each Cooling Technology Based on Key Factors Such as Design Complexity, PUE, Advantages, Drawbacks, and Extent of Utilization of Natural Weather Conditions
    • 4.2.3 Key Innovations and Developments in Data Center Cooling
    • 4.2.4 Key Energy Efficiency Practices Adopted in Data Centers

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Prioritization of AI and Deep Learning Initiatives Among Enterprises Generating High Workload Requires Highly Efficient Cooling Solution
    • 5.1.2 The Emerging Need to Process Enormous Amounts of Data with Efficiency
  • 5.2 Market Challenges
    • 5.2.1 Need for Energy-efficient Cooling Solutions
  • 5.3 Market Opportunities
    • 5.3.1 Emergence of Green Data Centers
  • 5.4 Industry Ecosystem Analysis

6. ANALYSIS OF THE CURRENT DATA CENTER FOOTPRINT IN SOUTH KOREA

  • 6.1 Analysis of IT Load Capacity and Area Footprint of Data Centers (For the Period of 2017-2030)
  • 6.2 Analysis of the Current DC Hotspots and Scope for Future Expansion in South Korea
  • 6.3 Analysis of Major Data Center Contractors and Operators in South Korea

7. INDONESIA DATA CENTER MARKET SEGMENTATION

  • 7.1 By Cooling Technology
    • 7.1.1 Air-based Cooling
    • 7.1.1.1 Chiller and Economizer
    • 7.1.1.2 CRAH
    • 7.1.1.3 Cooling Tower (Covers Direct, Indirect, and Two-stage Cooling)
    • 7.1.1.4 Other Air-based Cooling Technologies
    • 7.1.2 Liquid-based Cooling
    • 7.1.2.1 Immersion Cooling
    • 7.1.2.2 Direct-to-chip Cooling
    • 7.1.2.3 Rear-door Heat Exchanger
  • 7.2 By Type
    • 7.2.1 Hyperscalers (Owned and Leased)
    • 7.2.2 Enterprise (On-premise)
    • 7.2.3 Colocation
  • 7.3 By End-user Vertical
    • 7.3.1 IT and Telecom
    • 7.3.2 Retail and Consumer Goods
    • 7.3.3 Healthcare
    • 7.3.4 Media and Entertainment
    • 7.3.5 Federal and Institutional Agencies
    • 7.3.6 Other End-user Verticals

8. COMPETITIVE LANDSCAPE

  • 8.1 Company Profiles
    • 8.1.1 Iceotope Technologies Limited
    • 8.1.2 Vertiv Co.
    • 8.1.3 Stulz GmbH
    • 8.1.4 Schneider Electric SE
    • 8.1.5 Rittal GmbH & Co. KG
    • 8.1.6 Mitsubishi Electric Hydronics & IT Cooling Systems SpA
    • 8.1.7 Asetek AS
    • 8.1.8 Chilldyne Inc.
    • 8.1.9 Johnson Controls Inc.
    • 8.1.10 LiquidCool Solutions
    • 8.1.11 CoolIT Systems Inc.
  • *List Not Exhaustive

9. INVESTMENT ANALYSIS

10. MARKET OPPORTUNITIES AND FUTURE TRENDS

11. ABOUT US

**Subject to Availability
**Competitive Landscape Section is Bifurcated into Air-based Cooling and Liquid-based Cooling Vendor Profiles in Full Length Report
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South Korea Data Center Cooling Industry Segmentation

Data center cooling is a set of techniques and technologies to 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 the equipment from overheating, ensuring continued reliable operation of the data center. Various methods, such as air conditioning, liquid cooling, and hot/cold aisle containment, are commonly used to control temperature and humidity in data centers.

The South Korean 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 (hyperscaler, 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 value (USD) for all the above segments.

By Cooling Technology Air-based Cooling Chiller and Economizer
CRAH
Cooling Tower (Covers Direct, Indirect, and Two-stage Cooling)
Other Air-based Cooling Technologies
Liquid-based Cooling Immersion Cooling
Direct-to-chip Cooling
Rear-door Heat Exchanger
By Type Hyperscalers (Owned and Leased)
Enterprise (On-premise)
Colocation
By End-user Vertical IT and Telecom
Retail and Consumer Goods
Healthcare
Media and Entertainment
Federal and Institutional Agencies
Other End-user Verticals
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South Korea Data Center Cooling Market Research FAQs

How big is the South Korea Data Center Cooling Market?

The South Korea Data Center Cooling Market size is expected to reach USD 176.67 million in 2025 and grow at a CAGR of 17.04% to reach USD 454.12 million by 2031.

What is the current South Korea Data Center Cooling Market size?

In 2025, the South Korea Data Center Cooling Market size is expected to reach USD 176.67 million.

Who are the key players in South Korea Data Center Cooling Market?

Stulz GmbH, Schneider Electric SE, Vertiv Group Corp., Rittal GmbH & Co. KG and Iceotope Technologies Limited are the major companies operating in the South Korea Data Center Cooling Market.

What years does this South Korea Data Center Cooling Market cover, and what was the market size in 2024?

In 2024, the South Korea Data Center Cooling Market size was estimated at USD 146.57 million. The report covers the South Korea Data Center Cooling Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South Korea Data Center Cooling Market size for years: 2025, 2026, 2027, 2028, 2029, 2030 and 2031.

South Korea Data Center Cooling Industry Report

Statistics for the 2025 South Korea Data Center Cooling market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South Korea Data Center Cooling analysis includes a market forecast outlook for 2025 to 2031 and historical overview. Get a sample of this industry analysis as a free report PDF download.