DUBLIN, Oct. 25, 2023 /PRNewswire/ -- The "Data Center Liquid Cooling Market by Component (Solution and Services), End User (Cloud Providers, Colocation Providers, Enterprises, and Hyperscale Data Centers), Data Center Type, Type of Cooling, Enterprise, and Region - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
The global data center liquid cooling market will rise from USD 2.6 billion in 2023 to USD 7.8 billion by 2028 at a CAGR of 24.4% from 2023 to 2028
The report meticulously defines, segments, and forecasts the data center liquid cooling market, considering factors such as components, data center types, cooling methods, end users, enterprises, and geographical regions. It furnishes a comprehensive understanding of the key drivers, constraints, opportunities, and specific challenges that exert influence on the market's growth trajectory.
During the forecast period, the Asia-Pacific region is poised to emerge as the swiftest-growing hub for the data center liquid cooling market. This trend is attributed to the region's increasing recognition of the significance of sustainable practices and environmentally-friendly data centers. Liquid cooling solutions are gaining favor over traditional air-cooling methods due to their potential to enhance energy efficiency and reduce ecological footprints. The growing emphasis on sustainability in the region is driving the adoption of liquid cooling.
Liquid cooling is a potent solution for addressing the cooling challenges posed by high-density servers. Liquid is an efficient conductor of heat, surpassing air by over 3,000 times and consuming less energy in the process. This capability allows data centers to accommodate higher densities, making it particularly relevant. Liquid cooling can be implemented using inductive techniques like cold plates or immersion cooling, where heat transfer occurs on the surface of electronic components.
Moreover, liquid cooling provides the flexibility and scalability needed to meet evolving computational demands as data centers expand and evolve. Its versatility allows for the accommodation of diverse rack configurations, server setups, and form factors, making it suitable for future data center expansions and technological advancements.
Additionally, the report strategically profiles key players in the data center liquid cooling solutions sector, offering an in-depth analysis of their market shares and core competencies. It diligently tracks and evaluates competitive developments, including expansions, agreements, contracts, partnerships, acquisitions, collaborations, and divestments, executed by these players in the market.
The competitive assessment provides a profound examination of market shares, growth strategies, and service portfolios of leading companies like Rittal (Germany), Fujitsu (Japan), Vertiv Holdings Co. (US), Green Revolution Cooling Inc. (US), Submer (Spain), Midas Green Technologies (Austin), Schneider Electric (France), and LiquidStack (Netherlands), among others operating in the data center liquid cooling market.
The services, by component segment, are projected to grow at the highest CAGR from 2023 to 2028
Data centers rely on service providers to quickly identify and fix problems in the case of system faults or malfunctions. Finding the source of issues, carrying out fixes or component replacements, and returning the liquid cooling system to regular operation are all part of troubleshooting services. For minimizing downtime and ensuring data center availability, quick response times and proficiency in diagnosing complicated cooling-related issues are essential.
Small and mid-sized data center, in by data center type segment, is projected to grow at the highest CAGR from 2023 to 2028
Unlike conventional air-cooling systems, liquid cooling solutions frequently function with lower noise levels. The lowered noise might be a huge benefit for small and mid-sized data centers situated in communal areas or noise-sensitive locations, like office buildings or residential neighborhoods.
Small and mid-sized facilities can benefit from improved cooling efficiency, cost savings, scalability, and other features provided by liquid cooling solutions, allowing them to streamline operations and adapt to the changing needs of contemporary IT infrastructure.
The hyperscale data center in the data center liquid cooling market is projected to grow at the highest CAGR from 2023 to 2028
The desire for seamless communication between areas is rising, fuelling the expansion of hyperscale data centers. Liquid cooling fits in with the increased attention being paid to environmental sustainability.
Hyperscale data centers can lessen their ecological impact and support green initiatives by using less energy and cooling more effectively. In addition, waste heat can be recovered and used again due to liquid cooling, significantly improving the data center's energy efficiency.
IT and Telcom segment of the data center liquid cooling market is projected to grow at the highest CAGR from 2023 to 2028
Data centers are essential to the telecom industry for several crucial tasks, including the support of network hardware, communication servers, and data storage. To prevent overheating and guarantee consistent performance, liquid cooling systems assist with controlling the temperature of telecom infrastructure parts like routers, switches, and optical equipment.
The IT and telecom industries may efficiently regulate heat, optimize energy usage, boost performance, and support the demanding computing needs of numerous applications and services by implementing data center liquid cooling technologies.
Cold plate liquid cooling, of the data center liquid cooling market, is projected to grow at the highest CAGR from 2023 to 2028
To move heat away from electronic components, cold plate liquid cooling uses metal plates in close proximity to the components. Traditional cooling techniques may need help effectively dissipating heat as electrical gadgets and components become more potent and tightly packed.
High-power and high-density electronic components can be effectively cooled using cold plate liquid cooling, which provides a direct and efficient heat transfer mechanism.
Premium Insights
- Rising Demand for Energy-Efficient and Eco-Friendly Cooling Solutions to Drive Data Center Liquid Cooling Market
- Data Center Liquid Cooling Market in Asia-Pacific to Grow at Highest Rate During Forecast Period
- Solutions Segment and Us Dominated North American Data Center Liquid Cooling Market in 2022
- Data Center Liquid Cooling Market in India to Grow at Highest Rate During Forecast Period
Case Study Analysis
- Asperitas and Itrenew Partnered to Bring Sustainable, Plug-And-Play Data Center Solutions Full Circle
- Reduction in Data Center Energy Spending by Adopting Immersion Cooling
- Microsoft Chose Immersion Cooling Tech by Liquidstack for Its Cloud Servers
- Google Shifts to Liquid Cooling for Ai Data Crunching
Market Dynamics
Industry Trends
- Value Chain Analysis
- Ecosystem/Market Map of Data Center Liquid Cooling Solutions
- Trends and Disruptions Impacting Customer's Business
Energy Sustainability for Data Centers
- Sustainable Data Centers Using Liquid Cooling
- Issues in Developing Countries
Drivers
- Increasing Server Density and Number of Data Centers
- Growing Need for Energy-Efficient Cooling Solutions
- Increasing Demand for Compact and Noise-Free Solutions
- Need for Better Overclocking Potential
- Need for Eco-Friendly Data Center Cooling Solutions
Restraints
- Susceptibility to Leakage
- High Capital Expenditure and Maintenance
- Slow Recognition from End-Users
Opportunities
- Emergence of Ai, Blockchain, and Other Advanced Technologies
- Adoption in Low-Density Data Centers
Challenges
- Lack of Standardization
- High Investments in Existing Infrastructure
Company Profiles
Key Players
- Vertiv Group Corp.
- Fujitsu
- Submer
- Green Revolution Cooling Inc.
- Rittal GmbH & Co. Kg
- Schneider Electric
- Midas Green Technologies
- Liquidstack
- Chilldyne, Inc.
- Iceotope Precision Immersion Cooling
- Coolit Systems
- Asperitas
- Dug Technology
- Liquidcool Solutions, Inc.
- Dcx Liquid Cooling Systems
- Stulz GmbH
- Delta Power Solutions
- Wiwynn
Other Companies
- Engineered Fluids
- Teimmers
- Koolance
- Tmgcore, Inc.
- Hypertec
- Exascaler Inc.
- Tas
For more information about this report visit https://www.researchandmarkets.com/r/bbpk81
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