MarketsandMarkets projects 17.9% annual growth from 2026, driven by liquid cooling adoption, AI and HPC infrastructure expansion, and rising rack power densities.
The global data center pumps market is projected to grow to USD 7.35 billion by 2032 from USD 2.74 billion in 2026, according to MarketsandMarkets, implying a 17.9% CAGR over the period. The report says demand is being driven by wider adoption of liquid cooling technologies, rapid expansion of artificial intelligence and high-performance computing infrastructure, and rising rack power densities that require more capable thermal management systems. North America accounted for 40% of the market by value in 2025, while Asia Pacific is expected to be the fastest-growing regional market as cloud infrastructure expands and more countries build hyperscale and colocation facilities. Centrifugal pumps represented 22% of the market by value in 2025 and are projected to remain the largest pump type during the forecast period, while cooling and thermal management systems are expected to dominate by application. Hyperscale data centers hold the largest market share and are also projected to post the highest CAGR, supported by investment from cloud providers and AI-focused infrastructure projects.