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Data Center Liquid Cooling Market Expands, Size and Share Surge 2022-2030

03-06-2024 08:13 AM CET | IT, New Media & Software

Press release from: Acumen Research and Consulting

Data Center Liquid Cooling Market Expands, Size and Share Surge

Key Points and Statistics on the Data Center Liquid Cooling Market:
● The global data center liquid cooling market size is projected to reach USD 13.6 Billion by 2030, growing at a CAGR of 24.6% from 2022 to 2030.
● By 2022, there will be over 7.2 million data centers globally.
● North America dominated the market in 2021, contributing over 37% of the total shares.
● The solution component captured around 62% of the overall market share in 2021.
● The rising demand for cloud-based services is a significant trend fueling the industry.

What exactly is data center liquid cooling? It's an advanced cooling mechanism designed to prevent overheating in data centers, which are integral hubs storing vast amounts of digital information. The global market was valued at approximately USD 1.9 billion in 2021 and is projected to soar to USD 13.6 billion by 2030. The significance of data center liquid cooling is intertwined with the increasing demand for efficient, energy-saving cooling solutions, especially as data centers grow in size and complexity. As the digital transformation wave continues, the potential for this market is vast, targeting enhanced operational efficiency and sustainability. While the technology promises immense benefits, it also faces challenges like high capital expenditure and potential data leakage risks. However, industry giants like Chilldyne Inc., Asetek, and Mitsubishi Electric Corporation are continuously innovating to overcome these challenges.

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Data Center Liquid Cooling Market Overview and Analysis:
Data center liquid cooling might seem like a niche solution, but its importance is paramount in the digital age. As businesses increasingly rely on data centers for their operations, ensuring these centers remain cool is crucial. Overheating can lead to server failures, data loss, and significant operational disruptions. The Data Center Liquid Cooling Market is dedicated to providing solutions that ensure data centers operate efficiently, even under high loads. While the technology promises enhanced cooling, it faces challenges like high initial costs and potential risks of data leakage. However, the benefits far outweigh the challenges, making liquid cooling an essential component in modern data centers.

Latest Data Center Liquid Cooling Market Trends and Innovations:
Technological advancements are leading to more efficient and versatile cooling solutions. The increasing trend of cloud computing, AI, crypto, and blockchain is pushing the demand for efficient cooling solutions. Moreover, the need for heat management solutions, especially for high-density servers, is driving innovation in the sector. Continuous R&D is leading to the introduction of innovative cooling solutions tailored for various data center needs.

Major Growth Drivers of the Data Center Liquid Cooling Market:
The increasing number of data centers and server density.
The rising trend of energy-efficient cooling solutions.
Growing demand for submerged data centers and compact, noise-free solutions.

Key Challenges Facing the Data Center Liquid Cooling Industry:
High capital expenditure and maintenance costs.
Risks associated with data leakage.
Environmental concerns related to coolant usage.

Market Segmentation Insights:

● Cooling Technique:
○ Large Data Center
○ Small and Mid-Sized Data Center

● Component:
○ Solution (Direct Immersion Cooling, Indirect Cooling)
○ Services (Design & Consulting, Installation & Deployment)

● Application:
○ BFSI
○ Colocation
○ Energy
○ Government
○ Healthcare
○ Manufacturing
○ IT & Telecom

Overview by Region of the Data Center Liquid Cooling Market:
While North America currently dominates the market, Asia-Pacific is expected to record a substantial CAGR of over 25% from 2022 to 2030, indicating a shift in market dynamics.

Data Center Liquid Cooling Market Table of Content:

CHAPTER 1. Industry Overview of Data Center Liquid Cooling Market

CHAPTER 2. Research Approach

CHAPTER 3. Market Dynamics And Competition Analysis

CHAPTER 4. Data Center Liquid Cooling Market By Cooling Technique

CHAPTER 5. Data Center Liquid Cooling Market By Component

CHAPTER 6. Data Center Liquid Cooling Market By Application

CHAPTER 7. North America Data Center Liquid Cooling Market By Country

CHAPTER 8. Europe Data Center Liquid Cooling Market By Country

CHAPTER 9. Asia Pacific Data Center Liquid Cooling Market By Country

CHAPTER 10. Latin America Data Center Liquid Cooling Market By Country

CHAPTER 11. Middle East & Africa Data Center Liquid Cooling Market By Country

CHAPTER 12. Player Analysis Of Data Center Liquid Cooling Market

CHAPTER 13. Company Profile

List of Key Players in the Global Market:
Prominent players in the market include Chilldyne Inc., Asetek, Mitsubishi Electric Corporation, CoolIT Systems Inc., Schneider Electric, Vertiv Co., Aecorsis BV, LiquidStack, Rittal GmbH & Co. Kg., and Alfa Laval.

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Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

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