Press release
Data Center Liquid Cooling Market Overview: Major Segments, Strategic Developments, and Leading Companies
Data Center Liquid Cooling
Projected Market Value and Growth Drivers for the Data Center Liquid Cooling Market
The data center liquid cooling market is forecasted to experience rapid growth, reaching a valuation of $12.79 billion by 2029. This represents a compound annual growth rate (CAGR) of 25.9%. Several factors are contributing to this surge, including an expanded need for data storage solutions, the rise of edge computing and micro data centers, and heightened concerns around environmental sustainability. Additionally, growing awareness regarding data security and privacy, along with stricter regulatory compliance, are key drivers pushing this market forward. Emerging trends shaping this growth include the expansion of 5G networks, increasing uses of artificial intelligence (AI) and machine learning workloads, continuous technological innovations, and the formation of strategic partnerships aimed at advancing liquid cooling technologies.
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Leading Companies Dominating the Data Center Liquid Cooling Industry
The competitive landscape of the data center liquid cooling market features a range of influential companies, including Asetek Inc., Rittal GmbH & Co. KG, Fujitsu Limited, Vertiv Group Corp, Green Revolution Cooling Inc, Submer Technologies SL, Midas Green Technologies LLC, Schneider Electric SE, Alfa Laval AB, Chilldyne Inc, Iceotope Technologies Limited, CoolIT Systems Inc, 3M Company, Aspen Systems Inc, Mitsubishi Group, IBM Corporation, ExaScaler Inc, Stulz GmbH, Ebullient Inc, LiquidStack Inc, KyotoCooling BV, Asperitas B.V., Airedale International Air Conditioning Ltd, Motivair Corporation, Munters Group AB, and Delta Electronics Inc.
Notably, in January 2024, US-based ZutaCore announced a significant commercial partnership lasting four years with the automotive tech firm Valeo. This collaboration aims to enhance data center cooling efficiency through ZutaCore's innovative waterless two-phase direct-on-chip cooling system, focusing on reducing carbon emissions by reusing heat generated by high-density servers. Valeo, renowned for its advanced automotive technology systems, brings expertise that could accelerate sustainable cooling innovations in data centers.
View the full data center liquid cooling market report:
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Emerging Technological Trends Shaping the Future of Data Center Liquid Cooling
Technological progress stands out as a crucial trend revolutionizing the data center liquid cooling market. Huawei is a key player spearheading these advancements, addressing the intensive power requirements of modern data centers that demand efficient cooling to sustain optimal operation. Huawei's FusionModule2000 6.0, introduced in November 2022, exemplifies these innovations by integrating modular design with advanced liquid cooling solutions. This product is engineered to enhance energy efficiency and maximize space utilization, setting new benchmarks for cooling performance in high-density computing environments. This launch aligns with Huawei's ongoing commitment to delivering state-of-the-art technologies that meet the escalating power and cooling needs of contemporary data centers.
Detailed Segmentation of the Data Center Liquid Cooling Market
This report categorizes the data center liquid cooling market into several segments for a comprehensive understanding:
1) By Type: Single Phase Cooling and Two Phase Cooling
2) By Component: Solutions and Services
3) By Data Center Type: Hyperscale Data Centers, Enterprise Data Centers, Colocation Data Centers, and Other Types
4) By Industry Type: Telecom and IT, BFSI (Banking, Financial Services, and Insurance), Research, Energy, Government and Academia, Healare, and Other Industries
Further subcategories include:
- Under Single Phase Cooling: Direct-to-Chip Cooling, Rack-Based Cooling Solutions, Immersion Cooling Systems
- Under Two-Phase Cooling: Vapor Chamber Cooling, Heat Pipes, and Immersion Cooling
This segmentation highlights the diversity of cooling technologies and applications across various data center types and industries, illustrating the market's broad scope and potential for targeted growth.
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