Press release
Data Center Liquid Cooling Market Size To Reach US$ 15.3 Billion by 2032, CAGR of 19.54%
The global data center liquid cooling market size reached US$ 2.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 15.3 Billion by 2032, exhibiting a growth rate (CAGR) of 19.54% during 2024-2032.Rapid digitization and the increasing adoption of cloud computing systems in numerous organizations represent one of the major factors driving the demand for data center liquid cooling systems across the globe.
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Factors Affecting the Growth of the Data Center Liquid Cooling Industry:
• Rising Data Center Density:
The continuous rise in data center density represents one of the primary factors influencing the market positively. Modern data centers are processing vast amounts of data, driven by the proliferation of IoT devices, cloud computing, and data-intensive applications. This higher data density is leading to elevated heat generation within data centers, which, in turn, is driving the need for efficient cooling solutions. Liquid cooling systems offer superior thermal conductivity and can effectively dissipate heat, making them a preferred choice for high-density data center environments.
• Energy Efficiency and Sustainability:
The growing environmental concerns and the increasing need for energy efficiency are encouraging data center operators to adopt robust solutions to reduce energy consumption and minimize their carbon footprint. Liquid cooling solutions are more energy-efficient compared to traditional air-based cooling methods, which drives their demand globally. Liquid cooling aids in transferring heat away from server components more effectively, which can lead to significant energy savings. Additionally, some liquid cooling solutions use non-conductive, eco-friendly coolants, aligning with sustainability goals and reducing environmental impact.
• Increasing Demand for High-Performance Computing (HPC):
The escalating demand for high-performance computing (HPC) applications, such as artificial intelligence (AI), machine learning (ML), and scientific simulations, across various industries is offering a favorable market outlook. These applications require data centers to handle complex calculations and massive data sets, resulting in higher heat loads. Liquid cooling systems are widely used in data centers to meet the cooling requirements of HPC environments, ensuring that servers can operate at peak performance without the risk of overheating. Besides this, the increasing utilization of HPC in research activities is promoting the adoption of liquid cooling solutions.
Data Center Liquid Cooling Market Report Segmentation:
By Component:
• Solution
o Direct Liquid Cooling
o Indirect Liquid Cooling
• Services
o Design and Consulting
o Installation and Deployment
o Support and Maintenance
Solution dominates the market as it offers superior energy efficiency, scalability, and compatibility with high-density computing environments.
By Data Center Type:
• Large Data Centers
• Small and Medium-sized Data Centers
• Enterprise Data Centers
Large data centers represent the largest market segment due to their substantial computing power requirements and the need for efficient cooling solutions to manage heat generation effectively at scale.
By End Use:
• Cloud Providers
• Colocation Providers
• Enterprises
• Hyperscale Data Centers
IT and telecom hold the largest market share on account of their extensive network infrastructure and constant demand for high-performance computing.
By Application:
• BFSI
• IT and Telecom
• Media and Entertainment
• Healthcare
• Government and Defense
• Retail
• Research and Academic
• Others
Enterprise accounts for the majority of the market share due to the increasing adoption of data-intensive applications and the need for efficient cooling solutions to support business operations and data processing.
Regional Insights:
• North America
o United States
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
• Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
• Latin America
o Brazil
o Mexico
o Others
• Middle East and Africa
North America's dominance in the data center liquid cooling market is attributed to its concentration of large-scale data centers, rapid technological advancements, and a heightened focus on energy-efficient cooling solutions.
Global Data Center Liquid Cooling Market Trends:
The proliferation of edge computing is supporting the growth of the market. Edge data centers are often deployed in non-traditional locations, such as remote industrial sites or urban environments. Additionally, liquid cooling systems are increasingly used in edge data centers, which is expected to drive the demand for liquid cooling solutions in edge computing infrastructure.
Vendors in the data center liquid cooling market are offering customized solutions and integration services. These services cater to the unique needs of data center operators, optimizing cooling solutions for specific hardware configurations and environmental conditions.
Leading Companies Operating in the Global Data Center Liquid Cooling Industry:
• Alfa Laval AB
• Asetek A/S
• Asperitas
• Chilldyne
• CoolIT Systems Inc.
• Fujitsu Limited
• Green Revolution Cooling Inc.
• Iceotope
• Lenovo Group Limited
• Rittal GmbH & Co. KG
• Schneider Electric SE
• Vertiv Group Corp.
Other Key Points Covered in the Report:
• COVID-19 Impact
• Porters Five Forces Analysis
• Value Chain Analysis
• Strategic Recommendations
Also Browse:
• https://www.einpresswire.com/article/627242922/ar-and-vr-smart-glasses-market-size-to-grow-13-5-by-2028-driving-factors-business-opportunity
• https://www.einnews.com/pr_news/647912541/edtech-market-size-revenue-top-players-analysis-business-opportunity-2023-2028
• https://www.einnews.com/pr_news/647915840/football-market-size-industry-growth-investment-opportunities-trends-forecast-2023-2028
• https://www.einnews.com/pr_news/644178265/wall-covering-market-size-is-projected-to-reach-us-47-2-billion-by-2028-growth-analysis-and-forecast-report
• http://www.einnews.com/pr_news/644177083/toothpaste-market-share-by-brands-segmentation-business-opportunity-trends-analysis-report-2023-2028
• https://www.digitaljournal.com/pr/news/imarc/product-lifecycle-management-plm-software-market-size-worth-us-38-2-billion-by-2028-exclusive-report-by-imarc-group
Contact US
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Email: sales@imarcgroup.com
Follow us on Twitter: @imarcglobal
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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