According to a market research report, the “Data Center Liquid Cooling Market by Component (Solution and Services), End User (Cloud Providers, Colocation Providers, Enterprises, and Hyperscale Data Centers), Data Center Type, Type of Cooling, Enterprise, and Region – Global Forecast to 2028”, is projected to grow from USD 2.6 billion in 2023 to USD 7.8 billion by 2028, at a CAGR of 24.4% during the forecast period. Major factors driving the growth of the data center liquid cooling market include the increasing need for energy-efficient cooling solutions. In data centers, liquid cooling can drastically lower energy use. Liquid cooling systems can lessen the overall power needed for cooling infrastructure by effectively removing heat from servers, resulting in energy savings and lower operating costs.
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284 Market data Tables
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275 Pages and in-depth TOC on “Data Center Liquid Cooling Market – Global Forecast to 2028”
This report also provides a comprehensive analysis of the companies listed below:
The major players in data center liquid cooling market include Rittal (Germany), Fujitsu (Japan), Vertiv Holdings Co. (US), Green Revolution Cooling Inc. (US), Submer (Spain), Midas Green Technologies (Austin), Schneider Electric (France), LiquidStack (Netherlands), Chilldyne (US), Iceotope Technologies Limited (UK), CoolIT Systems (Canada), Asperitas (Netherlands), DUG Technology (Australia), LiquidCool Solutions, Inc. (US), DCX Liquid Cooling Systems (Poland), and STULZ GMBH (Germany), and others.
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the data center liquid cooling market.
Recent Developments in Data Center Liquid Cooling Market Industry
In January 2022, Submer announced an investment from Planet First Partners. This fund will be used for R&D initiatives for next-generation liquid coolants and data center automation.
In November 2021, Vertiv Group Corp. acquired E&I Engineering Group. This acquisition will also enable Vertiv Group Corp. to provide a more comprehensive solution to its customers and expand its geographic reach.
In August 2021, Submer announced its collaboration with Intel to set and standardize the adoption of immersion liquid cooling solutions. In this collaboration, Submer will provide immersion cooling solutions for all platforms and servers of Intel.
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Based on the component, the services segment is expected to be the fastest-growing segment during the forecast period. Remote administration and control services have become more important as data center settings have grown more complicated. Liquid cooling service providers offer remote monitoring and management tools that enable tracking of cooling system performance in real-time, spot potential problems, and make modifications from a distance. This allows preventative maintenance, quicker problem-solving, and effective resource management.
Based on data center type, small and mid-sized data centers are expected to be the fastest-growing segment during the forecast period. Higher processing density is possible in constrained physical space thanks to liquid cooling. Liquid cooling can assist small and midsize data centers in making the best use of their floor space. Small and midsize data centers frequently need more space. These data centers can fit more computing power into a smaller space by using liquid-cooled servers.
Based on end users, hyperscale data centers are expected to be the fastest-growing segment during the forecast period. Higher computing densities are common in hyperscale data centers. They contain many servers and need effective cooling methods to control the enormous heat produced by these systems. Compared to conventional air cooling, liquid cooling offers more efficient heat dissipation, enabling hyperscale data centers to attain larger power densities without running the risk of thermal problems. Hyperscale data centers are specially constructed for big companies that manage high levels of data. Hence, the cooling requirements are also much more significant than other types of data centers.
Based on the enterprise, the IT and Telecom segment is expected to be the fastest-growing segment during the forecast period. Server consolidation projects are frequently undertaken in the IT and telecom sectors to improve infrastructure and lower operating expenses. Higher server density is made possible by liquid cooling, which efficiently controls the extra heat produced by consolidated systems. This enables businesses to maximize server usage and improve resource efficiency.
Based on the type of cooling, the cold plate liquid cooling segment is expected to witness the highest growth during the forecast period. Due to its effective heat dissipation characteristics, cold plate liquid cooling is seeing substantial growth across various sectors and applications. Cold plate liquid cooling is gaining popularity as data centers develop and manage more demanding workloads. It offers more cooling efficiency than conventional air conditioning techniques, enabling data centers to better control the rising heat loads of tightly packed servers.
Based on region, the Asia Pacific region is expected to be the fastest-growing regional segment of the global data center liquid cooling market. In the Asia Pacific, high energy costs and environmental sustainability are significant issues. When compared to air cooling techniques, liquid cooling can provide a better level of energy efficiency, which reduces power consumption and operating expenses. Liquid cooling technologies are being adopted in line with the area’s focus on enhancing energy efficiency and lowering carbon footprints.
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