Daikin Industries (6367) Investor Day 2025 summary

Market trends and growth outlook

• North American data center cooling market projected to grow from approximately ¥1.1T in 2021 to ¥2.7T by 2030, representing a 2.5x increase.

• Market growth driven by rising demand for high-density data centers and advanced AI processing.

Strategic goals and business plan

• Revenue target for North American data center cooling business set at over ¥300B by 2030, more than tripling from ¥100B in 2025 and ¥23B in 2023.

• Focus on differentiation through energy efficiency, quality, and ease of replacement or expansion.

• Strategy includes offering hybrid cooling solutions combining air and liquid cooling, with integrated control for energy savings.

Product and technology initiatives

• Entered the data center CRAH market via acquisition of Alliance Air Products in 2023, enhancing engineering for large, customized air-handling units.

• Launched new magnetic-bearing air-cooled chillers for high-density and high-ambient sites, addressing land and water constraints.

• Developed cabinet-level cooling platforms for high-density AI servers, supporting up to 100kW per rack and enabling staged upgrades.

• Introduced negative-pressure direct-to-chip liquid cooling systems to reduce leakage risk and ease retrofitting in existing centers.