Key Insights
The Sweden data center cooling market, valued at approximately €80 million in 2025, is projected to experience robust growth, driven by the increasing adoption of cloud computing, big data analytics, and the expansion of digital infrastructure within the country. The 7.40% CAGR indicates a steady upward trajectory through 2033, reaching an estimated market size exceeding €130 million. Key drivers include stringent regulations around energy efficiency, the rising demand for high-performance computing, and the increasing focus on sustainability within the data center industry. The market is segmented by cooling technology (air-based, liquid-based, evaporative) and end-user (IT & Telecommunication, BFSI, Government, Media & Entertainment, and others). Air-based cooling currently holds the largest market share due to its cost-effectiveness and established infrastructure, but liquid-based and evaporative cooling technologies are gaining traction, fueled by their superior cooling efficiency and energy-saving capabilities. Competitive dynamics are shaped by the presence of both global giants like Schneider Electric and ebm-papst, and specialized regional players catering to the specific needs of the Swedish market. The BFSI and IT & Telecommunication sectors are the leading consumers of data center cooling solutions, reflecting their significant investments in digital transformation. Continued expansion of these sectors, coupled with government initiatives promoting digitalization, will contribute to sustained market expansion in the forecast period.
The growth trajectory is anticipated to be influenced by several factors. Increased government investments in digital infrastructure will stimulate demand, particularly within the public sector. Furthermore, the rising adoption of edge computing, requiring decentralized cooling solutions, presents significant opportunities for market expansion. However, potential restraints include the high initial investment costs associated with some advanced cooling technologies and the need for skilled workforce to manage and maintain these complex systems. Despite these challenges, the overall market outlook remains optimistic, propelled by the overarching trend of digital transformation and the imperative to optimize energy efficiency within data centers. The Swedish market’s commitment to environmental sustainability will likely favor the adoption of more eco-friendly cooling solutions in the coming years.

Sweden Data Center Cooling Market: A Comprehensive Report (2019-2033)
This comprehensive report provides a detailed analysis of the Sweden Data Center Cooling market, offering invaluable insights for industry professionals, investors, and strategists. The report covers the period from 2019 to 2033, with 2025 serving as the base and estimated year. It meticulously examines market dynamics, growth trends, leading segments, key players, and emerging opportunities within the parent market of Data Center Infrastructure and the child market of Data Center Cooling. The report's quantitative and qualitative analysis, supported by robust data and industry trends, offers a holistic view of this dynamic market. The projected market size in Million units for 2025 is XX, with a CAGR of XX% expected during the forecast period (2025-2033).
Sweden Data Center Cooling Market Dynamics & Structure
The Sweden Data Center Cooling market is characterized by moderate concentration, with several key players holding significant market share. Technological innovation, driven by the need for greater energy efficiency and sustainability, is a major driver of growth. Stringent environmental regulations within Sweden further accelerate the adoption of energy-efficient cooling solutions. Competitive product substitutes, such as free cooling and adiabatic cooling systems, are gaining traction, though traditional air-based systems remain dominant. The end-user demographics are diverse, encompassing IT & Telecommunication, BFSI, Government, Media & Entertainment, and other sectors. M&A activity within the market has been moderate, with a focus on consolidating technological capabilities and expanding market reach.
- Market Concentration: Moderately concentrated, with top 5 players holding approximately XX% market share in 2025.
- Technological Innovation: Focus on energy efficiency (R-32 refrigerants, smart cooling units), sustainability (liquid cooling), and reduced carbon footprint.
- Regulatory Framework: Stringent environmental regulations driving adoption of eco-friendly cooling technologies.
- Competitive Substitutes: Growing adoption of free cooling and adiabatic cooling systems, presenting competition to traditional methods.
- End-User Demographics: IT & Telecommunication segment leads, followed by BFSI and Government sectors.
- M&A Trends: Moderate activity, primarily focused on technological integration and market expansion. XX M&A deals were recorded between 2019 and 2024.
Sweden Data Center Cooling Market Growth Trends & Insights
The Sweden Data Center Cooling market experienced substantial growth during the historical period (2019-2024), driven by the expanding data center infrastructure and increasing demand for reliable cooling solutions. This growth is projected to continue during the forecast period (2025-2033), propelled by rising data consumption, cloud computing adoption, and the ongoing digital transformation. Technological disruptions, particularly the emergence of more energy-efficient cooling technologies and innovative solutions like liquid immersion cooling, are significantly influencing market dynamics. Changing consumer behavior, emphasizing sustainability and cost optimization, is driving demand for eco-friendly and energy-efficient cooling systems.
The market size is expected to reach XX Million units by 2033, driven by increased data center construction and upgrading. Specific factors like increased energy costs and growing environmental concerns are significantly pushing the adoption of sustainable cooling systems. Specific data on CAGR and market penetration will be provided within the full report.

Dominant Regions, Countries, or Segments in Sweden Data Center Cooling Market
The IT & Telecommunication sector is the dominant end-user segment in the Sweden Data Center Cooling market, driven by its substantial investment in data center infrastructure and increasing data storage requirements. Geographically, major metropolitan areas hosting major data centers are experiencing the highest growth. Air-based cooling currently holds the largest market share among cooling technologies due to its established presence and cost-effectiveness. However, liquid-based cooling is gaining traction due to its superior efficiency in high-density data centers.
- Dominant End-User: IT & Telecommunication (XX% market share in 2025).
- Dominant Cooling Technology: Air-based cooling (XX% market share in 2025).
- Key Drivers: Growth of data centers, increasing demand for reliable cooling, stringent environmental regulations, government initiatives supporting digitalization.
Sweden Data Center Cooling Market Product Landscape
The Sweden Data Center Cooling market offers a diverse range of products, including air-based, liquid-based, and evaporative cooling systems. These systems vary in efficiency, capacity, and cost, catering to the specific needs of different data centers. Recent innovations include smart cooling units, which optimize energy consumption based on real-time data center conditions, and environmentally friendly refrigerants that minimize the environmental impact. The market is witnessing increased adoption of modular and scalable solutions to address the needs of ever-growing data centers. Unique selling propositions focus on improved energy efficiency, reduced operational costs, and enhanced reliability.
Key Drivers, Barriers & Challenges in Sweden Data Center Cooling Market
Key Drivers: The escalating demand for data storage and processing, growing adoption of cloud computing, and stringent government regulations promoting energy efficiency are key drivers. The increasing need for high-density data centers and government incentives to reduce carbon emissions also contribute to market growth.
Key Barriers & Challenges: High upfront investment costs for advanced cooling systems, limited skilled labor for complex installations and maintenance, and potential supply chain disruptions can impede market expansion. Competition from existing cooling technologies and the need for continuous technology upgrades represent further challenges.
Emerging Opportunities in Sweden Data Center Cooling Market
Emerging opportunities lie in the growing adoption of sustainable and energy-efficient cooling technologies, like free cooling and liquid immersion cooling, which are gaining popularity. The increasing demand for edge computing and smaller data centers is creating new market segments for specialized cooling solutions. The expanding need for efficient cooling in 5G infrastructure presents another promising avenue for growth.
Growth Accelerators in the Sweden Data Center Cooling Market Industry
Long-term growth is accelerated by technological innovations in cooling technologies, strategic partnerships between data center operators and cooling equipment providers, and government support for sustainable infrastructure development. Market expansion into new segments, particularly edge computing and 5G infrastructure, offers significant growth potential.
Key Players Shaping the Sweden Data Center Cooling Market Market
- ebm-papst Group
- Daikin Applied Europe S p A
- Schneider Electric SE
- Munters Group AB
- FlaktGroup Holding GmbH
- Excool Ltd
- Stulz GmbH
- Rittal GMBH & Co KG
- Green Revolution Cooling Inc
- Submer Technologies S L
Notable Milestones in Sweden Data Center Cooling Market Sector
- February 2023: Daikin launched its second-generation R-32 air-cooled scroll chillers (EWAT-B-C and EWFT-B-C), emphasizing improved energy efficiency and environmental friendliness.
- May 2022: Rittal introduced its Blue e+ S range of smart cooling units, focusing on efficiency and reduced operational costs.
In-Depth Sweden Data Center Cooling Market Market Outlook
The Sweden Data Center Cooling market is poised for robust growth, driven by the continued expansion of data centers, the increasing adoption of energy-efficient technologies, and supportive government policies. Strategic partnerships and technological advancements will play a crucial role in shaping the market's future, offering significant opportunities for both established players and emerging companies. The focus on sustainability and reduced environmental impact will further drive market innovation and adoption of eco-friendly solutions.
Sweden Data Center Cooling Market Segmentation
-
1. Cooling Technology
-
1.1. Air-based Cooling
- 1.1.1. Chiller and Economizer
- 1.1.2. CRAH
- 1.1.3. Cooling
- 1.1.4. Others
-
1.2. Liquid-based Cooling
- 1.2.1. Immersion Cooling
- 1.2.2. Direct-to-Chip Cooling
- 1.2.3. Rear-Door Heat Exchanger
-
1.1. Air-based Cooling
-
2. Type
- 2.1. Hyperscalers (owned & Leased)
- 2.2. Enterprise (On-premise)
- 2.3. Colocation
-
3. End user Vertical
- 3.1. IT & Telecom
- 3.2. Retail & Consumer Goods
- 3.3. Healthcare
- 3.4. Media & Entertainment
- 3.5. Federal & Institutional agencies
- 3.6. Other end-users
Sweden Data Center Cooling Market Segmentation By Geography
- 1. Sweden

Sweden Data Center Cooling Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 7.40% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Development of IT Infrastructure in the Country; Emergence of Green Data Centers
- 3.3. Market Restrains
- 3.3.1. Adaptability Requirements and Power Outages
- 3.4. Market Trends
- 3.4.1. IT and Telecom to Hold Significant Share
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Sweden Data Center Cooling Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Cooling Technology
- 5.1.1. Air-based Cooling
- 5.1.1.1. Chiller and Economizer
- 5.1.1.2. CRAH
- 5.1.1.3. Cooling
- 5.1.1.4. Others
- 5.1.2. Liquid-based Cooling
- 5.1.2.1. Immersion Cooling
- 5.1.2.2. Direct-to-Chip Cooling
- 5.1.2.3. Rear-Door Heat Exchanger
- 5.1.1. Air-based Cooling
- 5.2. Market Analysis, Insights and Forecast - by Type
- 5.2.1. Hyperscalers (owned & Leased)
- 5.2.2. Enterprise (On-premise)
- 5.2.3. Colocation
- 5.3. Market Analysis, Insights and Forecast - by End user Vertical
- 5.3.1. IT & Telecom
- 5.3.2. Retail & Consumer Goods
- 5.3.3. Healthcare
- 5.3.4. Media & Entertainment
- 5.3.5. Federal & Institutional agencies
- 5.3.6. Other end-users
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. Sweden
- 5.1. Market Analysis, Insights and Forecast - by Cooling Technology
- 6. Competitive Analysis
- 6.1. Market Share Analysis 2024
- 6.2. Company Profiles
- 6.2.1 ebm-papst Group*List Not Exhaustive
- 6.2.1.1. Overview
- 6.2.1.2. Products
- 6.2.1.3. SWOT Analysis
- 6.2.1.4. Recent Developments
- 6.2.1.5. Financials (Based on Availability)
- 6.2.2 Daikin Applied Europe S p A
- 6.2.2.1. Overview
- 6.2.2.2. Products
- 6.2.2.3. SWOT Analysis
- 6.2.2.4. Recent Developments
- 6.2.2.5. Financials (Based on Availability)
- 6.2.3 Schneider Electric SE
- 6.2.3.1. Overview
- 6.2.3.2. Products
- 6.2.3.3. SWOT Analysis
- 6.2.3.4. Recent Developments
- 6.2.3.5. Financials (Based on Availability)
- 6.2.4 Munters Group AB
- 6.2.4.1. Overview
- 6.2.4.2. Products
- 6.2.4.3. SWOT Analysis
- 6.2.4.4. Recent Developments
- 6.2.4.5. Financials (Based on Availability)
- 6.2.5 FlaktGroup Holding GmbH
- 6.2.5.1. Overview
- 6.2.5.2. Products
- 6.2.5.3. SWOT Analysis
- 6.2.5.4. Recent Developments
- 6.2.5.5. Financials (Based on Availability)
- 6.2.6 Excool Ltd
- 6.2.6.1. Overview
- 6.2.6.2. Products
- 6.2.6.3. SWOT Analysis
- 6.2.6.4. Recent Developments
- 6.2.6.5. Financials (Based on Availability)
- 6.2.7 Stulz GmbH
- 6.2.7.1. Overview
- 6.2.7.2. Products
- 6.2.7.3. SWOT Analysis
- 6.2.7.4. Recent Developments
- 6.2.7.5. Financials (Based on Availability)
- 6.2.8 Rittal GMBH & Co KG
- 6.2.8.1. Overview
- 6.2.8.2. Products
- 6.2.8.3. SWOT Analysis
- 6.2.8.4. Recent Developments
- 6.2.8.5. Financials (Based on Availability)
- 6.2.9 Green Revolution Cooling Inc
- 6.2.9.1. Overview
- 6.2.9.2. Products
- 6.2.9.3. SWOT Analysis
- 6.2.9.4. Recent Developments
- 6.2.9.5. Financials (Based on Availability)
- 6.2.10 Submer Technologies S L
- 6.2.10.1. Overview
- 6.2.10.2. Products
- 6.2.10.3. SWOT Analysis
- 6.2.10.4. Recent Developments
- 6.2.10.5. Financials (Based on Availability)
- 6.2.1 ebm-papst Group*List Not Exhaustive
List of Figures
- Figure 1: Sweden Data Center Cooling Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Sweden Data Center Cooling Market Share (%) by Company 2024
List of Tables
- Table 1: Sweden Data Center Cooling Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Sweden Data Center Cooling Market Revenue Million Forecast, by Cooling Technology 2019 & 2032
- Table 3: Sweden Data Center Cooling Market Revenue Million Forecast, by Type 2019 & 2032
- Table 4: Sweden Data Center Cooling Market Revenue Million Forecast, by End user Vertical 2019 & 2032
- Table 5: Sweden Data Center Cooling Market Revenue Million Forecast, by Region 2019 & 2032
- Table 6: Sweden Data Center Cooling Market Revenue Million Forecast, by Country 2019 & 2032
- Table 7: Sweden Data Center Cooling Market Revenue Million Forecast, by Cooling Technology 2019 & 2032
- Table 8: Sweden Data Center Cooling Market Revenue Million Forecast, by Type 2019 & 2032
- Table 9: Sweden Data Center Cooling Market Revenue Million Forecast, by End user Vertical 2019 & 2032
- Table 10: Sweden Data Center Cooling Market Revenue Million Forecast, by Country 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Sweden Data Center Cooling Market?
The projected CAGR is approximately 7.40%.
2. Which companies are prominent players in the Sweden Data Center Cooling Market?
Key companies in the market include ebm-papst Group*List Not Exhaustive, Daikin Applied Europe S p A, Schneider Electric SE, Munters Group AB, FlaktGroup Holding GmbH, Excool Ltd, Stulz GmbH, Rittal GMBH & Co KG, Green Revolution Cooling Inc, Submer Technologies S L.
3. What are the main segments of the Sweden Data Center Cooling Market?
The market segments include Cooling Technology, Type, End user Vertical.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Development of IT Infrastructure in the Country; Emergence of Green Data Centers.
6. What are the notable trends driving market growth?
IT and Telecom to Hold Significant Share.
7. Are there any restraints impacting market growth?
Adaptability Requirements and Power Outages.
8. Can you provide examples of recent developments in the market?
February 2023: Daikin unveiled an upcoming release of a new line of air-cooled scroll chillers featuring the environmentally friendly refrigerant R-32. This marks the second generation of Daikin R-32 chillers, a product range that initially revolutionized the HVAC industry's energy efficiency and environmental standards when it was first introduced in 2018. The new series is now available in two variations: the standard cooling-only version (EWAT-B-C) and the hydronic-free cooling version (EWFT-B-C).
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Sweden Data Center Cooling Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Sweden Data Center Cooling Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Sweden Data Center Cooling Market?
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Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence