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Daikin Targets Data Center Cooling Boom in North America with $2 Billion Revenue Goal by 2030
Thursday, November 27, 2025 at 09:02 AM
Daikin Industries announced a strategic goal to more than triple its North American data center cooling revenue to over $2 billion by 2030, driven by soaring AI server demand. This aggressive expansion follows recent acquisitions of liquid cooling firms Chilldyne and Dynamic Data Centers Solutions, and plans for a new manufacturing facility to bolster its capacity.
Context
Daikin Industries is targeting the booming AI-driven data center market, setting a goal to triple its North American cooling business revenue to over ¥300 billion (approx. $2 billion) by 2030. The move aims to capture a significant share of a market Daikin projects will more than double to ¥2.7 trillion in the same period. This growth is fueled by the intense heat generated by next-generation AI processors, making advanced cooling a critical component of the AI supply chain as heat loads per rack are expected to reach 600 kW.
To achieve this, Daikin has built a comprehensive portfolio through recent acquisitions, including DDC Solutions for cabinet-level systems and Chilldyne for direct-to-chip liquid cooling. This hybrid air-and-liquid strategy directly addresses the needs of hyperscale operators like Vantage Data Centers, which recently announced a $2 billion, 192MW Virginia campus featuring liquid cooling, scheduled to open its first building in late 2027. Daikin's aggressive expansion and technology acquisitions position it as a key enabler for the massive data center build-out required for AI.
Sources (23)
Daikin Acquires DDC Solutions to Enhance AI Data ...Daikin Applied Powers Next-Gen Hyperscale Data Centers ...Daikin Applied Expands Data Center Offering with ...Fetched web pageFetched web pageFetched web pageVantage Data Centers invests $1B in Ashburn, VA ...Daikin Applied is Powering the Next Generation of ...
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