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Data Center Liquid Cooling Market Revenue Analysis By Major Players Alfa Laval, Black Box, Green Revolution Cooling, IBM, Mitsubishi Electric, Rittal GmbH & Co. KG, Schneider Electric, STULZ GmbH, 3M, Vertiv
Data Center Liquid Cooling Market
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Increasing storage densities, workloads, and a high number of servers in the infrastructure is driving the demand for data center liquid cooling market to avoid excessive heating. As a result, solution manufacturers have developed liquid-based offerings to address such high-density requirements. Additionally, to reduce the high network latency in conventional facilities, several edge data centers have emerged, further driving the industry growth. Dense computing features and remote locations of these infrastructures require efficient cooling due to the high amount of heat generation, further increasing the data center liquid cooling market demand.
The trend of AI and machine learning implementations in newly developed software & industrial solutions is driving the industry growth. The introduction of TPU 3.0 by Google in its data centers created the requirement for efficient cooling solutions resulting in the deployment of liquid coolers across several locations. The data center liquid cooling market is hindered by the lack of regulations & standards for manufacturing such solutions. This phenomenon can result in harmful effects on the complex infrastructures. Also, the implementation of these advanced products requires two cooling systems as compared to one in air-based cooling, which limits the deployment cases.
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Large data centers dominated the market with an overall revenue of over 75% generated in 2017 due to the high adoption of these solutions to address complex & dense storage capabilities of these infrastructures. Data center liquid cooling market products are developed with the ability to support efficient cooling of the high-density components and also support the AI integrations. The emergence of edge & colocation facilities across various regions and industry verticals is a major factor driving the growth of the solution segment. Small & medium sized infrastructures also have the requirement for these products due to the incompatibility and inefficiency of air-based coolers.
Colocation application in the data center liquid cooling market is expected to witness a high growth rate due to the establishment of several colocation facilities across the globe. The increasing requirement of managing high data storage capabilities in various industry verticals, such as BFSI, IT & telecom, etc., is responsible for the establishment of colocation facilities. As a result, liquid coolers are being used across various regional infrastructures. Additionally, the increasing data components in IT & telecom sectors owing to enhanced mobile connectivity, utilization of 5G networks, and usage of the internet is a major factor accounting the data center liquid cooling market growth.
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Leading players in the data center liquid cooling market include Alfa Laval, Black Box, Green Revolution Cooling, IBM, Mitsubishi Electric, Rittal GmbH & Co. KG, Schneider Electric, STULZ GmbH, 3M, Vertiv. These companies continuously develop new cooling solutions with capabilities to cool highly dense storage components.
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