Press release
Data Center Liquid Cooling Market Sales to Top US$ 31 Bn at 25.8% CAGR by 2032
Data Center Liquid Cooling Market 2022
The global data center liquid cooling market was valued at over US$ 2.52 Bn in 2021.Growing demand for efficient cooling solutions and rising need for reducing energy and water usage in data centers are driving market expansion.Sales of data center liquid cooling services are projected to increase at 25.8% CAGR and be valued at over US$ 31 Bn by 2032.
Get Free Sample Copy@https://www.persistencemarketresearch.com/samples/13330
According to the data center liquid cooling industry analysis by Persistence Market Research, demand registered in the market is set to surge at a high CAGR of 25.8% from 2022 to 2032. Rising demand for green data centers is one of the major factors driving market growth. The green data center initiative is majorly focused on managing the rising energy costs of data center infrastructure and helps reduce their carbon footprint.
Increasing Internet penetration, growing emphasis on digitization, and rising migration of cloud-based services have led to an increase in IT workloads across the globe, which has eventually increased rack power densities. Data center liquid cooling technology provides better efficiency for high rack densities as compared to air-based cooling systems. In comparison with traditional data center air cooling technology, liquid cooling provides benefits such as higher energy efficiency, lower total cost of ownership, smaller footprint, and enhanced server reliability.
Key Players:
Rittal GmbH & Co. Kg.
Schneider Electric SE
Green Revolution Cooling
Allied Control Ltd
Horizon Computing Solutions
Asetek
Emerson Electric Co.
IBM
Midas Green Technologies, LLC
Alfa Laval
DCX
Iceotope
Chilldyne, Inc.
CoolIT Systems
STULZ GmbH
Request For Customization@https://www.persistencemarketresearch.com/request-customization/13330
This is a rapidly developing market with frequent developments, such as:
In September 2021, CoolIT Systems Inc., a world leader in modular, scalable data center liquid cooling technology, announced a joint product launch with GIGABYTE Technology, an industry leader in high-performance servers & workstations.
In February 2020, STULZ GMBH expanded its business in the Oceania region - Papua New Guinea, Solomon Islands, Fiji, Vanuatu, Tonga, Samoa, and other Pacific islands. This expansion further strengthened its position as a technology leader, providing resilient and energy-efficient cooling solutions & services for mission-critical applications.
Key Takeaways from Market Study
By cooling type, cold plates are anticipated to account for a leading market share of 33.1%. However, direct liquid cooling (DLC) is estimated to expand at a robust CAGR of 32.1% during 2022-2032.
On the basis of industry, the telecom and IT sector is expected to dominate the market and exhibit the highest CAGR of 30.7% during the forecast period.
Large data centers (more than 5,000 sq. feet) hold the highest market of 56.9%.
North America is projected to lead the global market, closely followed by Europe, in 2022. South Asia & Pacific is anticipated to emerge as the fastest-growing regional market through 2032.
The India data center liquid cooling market is projected to progress at a CAGR of 30.9% through 2032.
Across GCC countries, sales are expected to increase at a CAGR of 20.7% over the next ten years.
"Data center liquid cooling technology helps create unprecedented opportunities for data centers. Two-phase liquid immersion cooling (2PLIC) is the latest evolution in data center cooling tech, which is engineered for higher boiling points, without any residue, prevents fluid degeneration, and does not need a pump," says a Persistence Market Research analyst.
Buy Now@https://www.persistencemarketresearch.com/checkout/13330
Growing Demand for Reducing Energy & Water Usage Driving Demand for Data Center Liquid Cooling Products
Data center liquid cooling is most often viewed as a technical solution for high-density and high-performance computing applications. Reduction in energy consumption across all geographies, deployment in space-constrained and harsh environments, and reduction in water usage are few of the major factors expected to drive adoption of data center liquid cooling across the IT industry.
With increasing business operations relying on data centers, there has been a rise in the demand for efficient solutions for data center cooling. Water scarcity has always been a pressing concern across the globe. Facilities that are located in humid or warm areas tend to consume more water for cooling, which leads to higher cooling expenses.
Companies need to reconsider their water consumption capacities for data centers. Data center liquid cooling happens to be a water-saving alternative for the same, thereby driving market growth.
Related Reports-
AI-Powered Storage Market - https://www.persistencemarketresearch.com/market-research/ai-powered-storage-market.asp
Customer Experience Management Market - https://www.persistencemarketresearch.com/market-research/customer-experience-management-market.asp
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About us:
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Data Center Liquid Cooling Market Sales to Top US$ 31 Bn at 25.8% CAGR by 2032 here
News-ID: 2661354 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Data
Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 801.10 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 23.2% from 2023 to 2029, reaching nearly US$ 3451.16 Mn.
Data Catalog Market Report Scope and Research Methodology
The Data Catalog Market is poised to reach a valuation of US$ 3451.16 million by 2029. A data catalog serves as an organized inventory of an organization's data assets, leveraging…
Big Data Security: Increasing Data Volume and Data Velocity
Big data security is a term used to describe the security of data that is too large or complex to be managed using traditional security methods. Big data security is a growing concern for organizations as the amount of data generated continues to increase. There are a number of challenges associated with securing big data, including the need to store and process data in a secure manner, the need to…
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data.
Specialized components backed up by AI and…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to…
