Green Cooling Technologies Market

By Product;

Mobile Air Conditioning, Air Conditioning Chiller and Unitary Air Conditioning

By Application;

Residential, Commercial and Industrial

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn955192160 Published Date: September, 2025 Updated Date: October, 2025

Green Cooling Technologies Market Overview

Green Cooling Technologies Market (USD Million)

Green Cooling Technologies Market was valued at USD 3,005.76 million in the year 2024. The size of this market is expected to increase to USD 5,932.34 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.2%.


Green Cooling Technologies Market

*Market size in USD million

CAGR 10.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.2 %
Market Size (2024)USD 3,005.76 Million
Market Size (2031)USD 5,932.34 Million
Market ConcentrationLow
Report Pages325
3,005.76
2024
5,932.34
2031

Major Players

  • Daikin Industries
  • Johnson Controls
  • Mitsubishi Electric Corporation
  • Carrier Global Corporation
  • Schneider Electric
  • Trane Technologies
  • LG Electronics

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Green Cooling Technologies Market

Fragmented - Highly competitive market without dominant players


The Green Cooling Technologies Market is expanding rapidly as industries adopt sustainable cooling methods and energy-efficient solutions. Around 64% of organizations prefer green cooling systems to minimize power usage, improve environmental performance, and support sustainable infrastructure development.

Rising Usage Across Industrial and Commercial Facilities
Green cooling technologies are extensively deployed in data centers, industrial plants, and corporate complexes. Nearly 58% of enterprises implement renewable energy-based cooling solutions and optimized thermal systems to improve performance while meeting sustainability objectives.

Innovations Transforming Cooling Efficiency
Manufacturers are focusing on cutting-edge technologies to deliver higher efficiency and sustainability. About 47% of new developments feature solar-driven cooling systems, hybrid refrigeration technologies, and natural refrigerant applications, ensuring better energy optimization and reduced emissions.

Growing Demand Among Environmentally Conscious Users
The shift toward energy-efficient solutions has increased demand for green cooling technologies. Approximately 55% of commercial and residential consumers prefer products equipped with low-impact refrigerants, energy-saving designs, and smart control mechanisms to enhance cost-effectiveness and sustainability.

Digitalization Boosting Market Reach
With more than 52% of purchases occurring through digital platforms, technology is reshaping the green cooling sector. Companies are utilizing AI-powered project management tools, IoT-based monitoring systems, and cloud-driven procurement platforms to enhance operational efficiency and improve customer experiences.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Green Cooling Technologies Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Regulatory Pressure
        2. Climate Change
        3. Energy Efficiency
        4. Technological Advancements
      2. Restraints
        1. High Costs
        2. Market Awareness
        3. Technological Barriers
        4. Limited Infrastructure
      3. Opportunities
        1. Emerging Markets
        2. Innovation Investments
        3. Government Incentives
        4. Sustainable Practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Green Cooling Technologies Market, By Product, 2021 - 2031 (USD Million)
      1. Mobile Air Conditioning
      2. Air Conditioning Chiller
      3. Unitary Air Conditioning
    2. Green Cooling Technologies Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
      3. Industrial
    3. Green Cooling Technologies Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Daikin Industries
      2. Johnson Controls
      3. Mitsubishi Electric Corporation
      4. Carrier Global Corporation
      5. Schneider Electric
      6. Trane Technologies
      7. LG Electronics
  7. Analyst Views
  8. Future Outlook of the Market