Daikin Targets $3.3B Data Center Cooling Business by FY2030
New York – October 30, 2026 -- Daikin U.S. Corporation expects its North American data center cooling business to exceed approximately $3.3 billion by FY2030 and plans to raise production capacity to 2.5 times 2024 levels, according to its annual U.S. Business and Innovation Report.
Daikin plans $163 million test lab and San Diego hub for data center cooling
The company is investing in a new Data Center Hub in San Diego to accelerate solution development and customer engagement. It is also planning a $163 million Advanced R&D Test Lab to develop next-generation cooling technologies. Daikin attributes the growth opportunity to rapid expansion of artificial intelligence, cloud computing and digital services, which is increasing demand for advanced cooling.