Press release
Data Center Liquid Cooling Market to Reach USD 11.33 Billion, Globally, by 2030 at 24.0% CAGR: Polaris Market Research
The market is expected to experience substantial growth owing to increased growth in power density and information houses. Modular information houses provide multiple functions such as IT center, power, and cooling of information houses together in a single IT space. With significant challenges of space requirements, modular information houses provide an opportunity for growth of the industry.
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Asia Pacific is expected to experience growth during the forecast period. The rise in demand for cloud storage and storage space is the key factor that drives the region's liquid cooling industry growth. Furthermore, big data across various industries is also an effective driver for this industry.
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However, the requirement for specialized infrastructure and higher investment costs hinders the growth of the industry. Manufacturing and installation of information houses components such as pumps, cooling towers, air conditioners, air handling units, and chillers are high. These components are required to be installed in the infrastructure carefully to provide the necessary air distribution to each rack and row.
Moreover, information houses must be constructed with the right measurements for floors and ceilings of buildings to facilitate proper air circulation. Special ducts and pipes are deployed to maintain the temperature and exhaust waste air within permissible limits. These special arrangements in building and components fitted for a reasonable cost much higher than traditional chilling hampers the industry growth.
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Data Center Liquid Cooling Market Report Highlights:
The services segment is expected to be the fastest growing segment during the forecast period owing to increasing demand for professional and managed services
The enterprise segment is expected to dominate the industry on account of greater demand for several types of analytics and cloud computing solutions
IT & Telecom end-use industry is expected to dominate the industry due to greater demand from emerging nations
Asia Pacific region is expected to be the fastest growing region during the forecast period on account of the increasing demand for cloud storage and data storage solutions
The global industry is highly competitive owing to the existence of significant players with a worldwide presence, including DCX, DUG Technology, Fujitsu, Green Revolution Cooling Inc., Iceotope Technologies Limited
Polaris Market Research has segmented the data center liquid cooling market report based on component, data center type, end-use, and region:
Data Center Liquid Cooling, Component Outlook (Revenue - USD Billion, 2018 - 2030):
Solution
Services
Data Center Liquid Cooling, Data Center Type Outlook (Revenue - USD Billion, 2018 - 2030):
Wholesale
Enterprise
Hyperscale
Colocation
Others
Data Center Liquid Cooling, End-Use Outlook (Revenue - USD Billion, 2018 - 2030):
IT & Telecom
Retail
Healthcare
BFSI
Media & Entertainment
Others
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Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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