# Singapore Data Center Thermal Management Market > Singapore DC thermal management: USD 313.29 million in 2026 to USD 618.39 million by 2035, 9.05% CAGR from 2025, as PUE 1.25 rules push liquid cooling. Publisher: DC Market Insights Author: Amit Jain, DC Market Insights Published: 2026-03-27 Last updated: 2026-10-18 Next review: Apr 2027 Page: https://www.dcmarketinsights.com/report/singapore-data-center-thermal-management-market ## Key takeaways - New capacity is released in tranches of 80-300 MW - Liquid cooling systems: USD 26.01 million to USD 222.62 million **Frequently Asked Questions** **What is the size of the Singapore Data Center Thermal Management Market in 2026?** USD 313.29 million in 2026, up 20.44% from USD 260.13 million in 2025, according to DC Market Insights estimates. The market is projected to reach USD 618.39 million by 2035, a CAGR of 9.05% from 2025, as liquid-cooled capacity on Jurong Island is built. **What is data center thermal management in Singapore?** USD 260.13 million of 2025 spend on removing heat from Singapore data halls: chiller plants, air handlers and containment, liquid cooling, district and seawater cooling, thermal controls software, design, installation and maintenance. Cooling electricity and server fans are excluded. **How fast is the Singapore Data Center Thermal Management Market growing?** 9.05% a year from 2025 to 2035, from USD 260.13 million to USD 618.39 million, after 14.07% a year in 2020-2025. Growth is capped by how much power Singapore releases through calls such as the 200 MW DC-CFA2. **Which is the fastest-growing segment of Singapore data center thermal management?** Liquid Cooling Systems, at 23.95% a year, from USD 26.01 million in 2025 to USD 222.62 million by 2035, because DC-CFA2 capacity must reach a PUE of 1.25 at full IT load and SS 726:2026 now sets liquid cooling rules. **How much does data center cooling cost per MW in Singapore?** About USD 2.00 million per MW of IT load for a new hall in 2025, rising to USD 2.70 million by 2035, in DC Market Insights estimates. Retrofitting a live hall costs about USD 1.10 million per MW and service about USD 95,000 per MW a year. **Which part of Singapore grows fastest in data center cooling spend?** The West, at 14.37% a year, from USD 93.65 million in 2025 to USD 358.67 million by 2035, because Tuas and the 700 MW Jurong Island data center park take most new capacity. The East leads in 2025 with 38.00%. **Who are the leading data center thermal management companies in Singapore?** About 52% of 2025 spend goes to the five largest suppliers, led by Vertiv at about 14% (DC Market Insights estimate), followed by Schneider Electric, Daikin, Trane Technologies and Johnson Controls; Carrier, STULZ, Kaer and Keppel are also active. **What does a data hall thermal management consultant do in Singapore?** About USD 3.5 million of 2025 spend, roughly 8% of installation and retrofit work, goes to consultants who model airflow with computational fluid dynamics, size chillers and design liquid loops to meet PUE 1.25 and SS 726:2026. **Why do Singapore data center thermal management market estimates differ?** Scope: DC Market Insights counts USD 313.29 million of 2026 equipment, controls and services. Broader figures add cooling electricity (over USD 250 million a year), office comfort cooling or server fans, which are excluded here. **What rules affect data center cooling in Singapore in 2026?** Five: the Green Data Centre Roadmap PUE target of 1.3, DC-CFA2's PUE 1.25 at full load and 50% green energy, SS 697:2023 for 26°C halls, SS 726:2026 for liquid cooling, and a carbon tax of S$45 per tonne from 2026. **Which cooling technology is the largest in Singapore data center thermal management?** Air-Side Cooling and Containment, at 40.00% of 2025 spend (USD 104.05 million). Liquid Cooling Systems are smaller but rising, from 10.00% of spend in 2025 to 36.00% by 2035, because DC-CFA2 capacity must reach PUE 1.25 at full load. **How much Singapore data center thermal management spend goes to service and retrofit?** USD 131.98 million, or 50.74% of 2025 spend, goes to service and retrofit of the installed base. About 1,100 MW of older halls must move toward a PUE of 1.3, which keeps this spend steady even when new completions are limited. ## Dataset | Series | Value | Unit | | --- | --- | --- | | Market size 2025 | 260.13 | USD million | | Revenue CAGR | 9.05 | % | | Market size 2035 | 618.39 | USD million | ## Frequently asked questions ### What is the size of the Singapore Data Center Thermal Management Market in 2026? USD 313.29 million in 2026, up 20.44% from USD 260.13 million in 2025, according to DC Market Insights estimates. The market is projected to reach USD 618.39 million by 2035, a CAGR of 9.05% from 2025, as liquid-cooled capacity on Jurong Island is built. ### What is data center thermal management in Singapore? USD 260.13 million of 2025 spend on removing heat from Singapore data halls: chiller plants, air handlers and containment, liquid cooling, district and seawater cooling, thermal controls software, design, installation and maintenance. Cooling electricity and server fans are excluded. ### How fast is the Singapore Data Center Thermal Management Market growing? 9.05% a year from 2025 to 2035, from USD 260.13 million to USD 618.39 million, after 14.07% a year in 2020-2025. Growth is capped by how much power Singapore releases through calls such as the 200 MW DC-CFA2. ### Which is the fastest-growing segment of Singapore data center thermal management? Liquid Cooling Systems, at 23.95% a year, from USD 26.01 million in 2025 to USD 222.62 million by 2035, because DC-CFA2 capacity must reach a PUE of 1.25 at full IT load and SS 726:2026 now sets liquid cooling rules. ### How much does data center cooling cost per MW in Singapore? About USD 2.00 million per MW of IT load for a new hall in 2025, rising to USD 2.70 million by 2035, in DC Market Insights estimates. Retrofitting a live hall costs about USD 1.10 million per MW and service about USD 95,000 per MW a year. ### Which part of Singapore grows fastest in data center cooling spend? The West, at 14.37% a year, from USD 93.65 million in 2025 to USD 358.67 million by 2035, because Tuas and the 700 MW Jurong Island data center park take most new capacity. The East leads in 2025 with 38.00%. ### Who are the leading data center thermal management companies in Singapore? About 52% of 2025 spend goes to the five largest suppliers, led by Vertiv at about 14% (DC Market Insights estimate), followed by Schneider Electric, Daikin, Trane Technologies and Johnson Controls; Carrier, STULZ, Kaer and Keppel are also active. ### What does a data hall thermal management consultant do in Singapore? About USD 3.5 million of 2025 spend, roughly 8% of installation and retrofit work, goes to consultants who model airflow with computational fluid dynamics, size chillers and design liquid loops to meet PUE 1.25 and SS 726:2026. ### Why do Singapore data center thermal management market estimates differ? Scope: DC Market Insights counts USD 313.29 million of 2026 equipment, controls and services. Broader figures add cooling electricity (over USD 250 million a year), office comfort cooling or server fans, which are excluded here. ### What rules affect data center cooling in Singapore in 2026? Five: the Green Data Centre Roadmap PUE target of 1.3, DC-CFA2's PUE 1.25 at full load and 50% green energy, SS 697:2023 for 26°C halls, SS 726:2026 for liquid cooling, and a carbon tax of S$45 per tonne from 2026. ### Which cooling technology is the largest in Singapore data center thermal management? Air-Side Cooling and Containment, at 40.00% of 2025 spend (USD 104.05 million). Liquid Cooling Systems are smaller but rising, from 10.00% of spend in 2025 to 36.00% by 2035, because DC-CFA2 capacity must reach PUE 1.25 at full load. ### How much Singapore data center thermal management spend goes to service and retrofit? USD 131.98 million, or 50.74% of 2025 spend, goes to service and retrofit of the installed base. About 1,100 MW of older halls must move toward a PUE of 1.3, which keeps this spend steady even when new completions are limited. ## How to cite Data Center Market Research & Consulting | DC Market Insights, "Singapore Data Center Thermal Management Market", updated 2026-10-18, https://www.dcmarketinsights.com/report/singapore-data-center-thermal-management-market