Data Center Liquid Cooling Market : Growing at a CAGR of 22.6% : Will Hit USD 10.92 Billion by 2030 : Says Emergen Research
The global data center liquid cooling market size reached USD 1.74 billion in 2021 and is expected to register a revenue CAGR of 22.6% during the forecast period, according to a latest analysis by Emergen Research. Increasing focus on improving Data Center Infrastructure Efficiency (DCIE) is a key factor expected to boost revenue growth of the data center liquid cooling market. Data Center Infrastructure Efficiency mainly assists in measuring the energy efficiency of a data center’s Information Technology (IT) resources and equipment.
Current liquid cooling technologies can effectively and successfully cool racks. This approach is available in a variety of configurations that make use of various technologies such as back door heat exchangers and immersion cooling. Liquid cooling is extremely effective since it only cools the IT equipment and not the entire space. It is up to three times more effective at cooling than air, thereby allowing CPUs and GPUs in racks to be operated at maximum power without overheating. In some cases, liquid cooling is more effective than air cooling, and its improved heat conductivity allows for more precise temperature control. Liquid immersion cooling not only protects the equipment from heat generated in the environment, but also eliminates need for fans from servers, and shields from airborne particles. On 1 March 2022 for instance, Nokia made its revolutionary Liquid Cooling AirScale portfolio commercially available. Nokia’s ground-breaking approach is intended to make the radio network more sustainable and cost-effective by lowering the amount of energy needed to cool a base station. When compared to standard active air-cooling systems, cooling system energy consumption may be lowered by up to 90%, and base station CO2 emissions can be reduced by up to 80%. The move furthers Nokia’s goal of having the industry’s most energy-efficient, zero-emission 5G product range.
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The COVID-19 pandemic has had a detrimental impact on the liquid cooling business in data centers. Temporary shutdowns of manufacturing facilities caused significant delays in the introduction of new products. Nonetheless, the mandatory lockdown increased usage of online services, thereby driving demand for more efficient cooling systems in data centers.
Rising popularity of live streaming videos and Over The Top (OTT) media is driving development of edge data centers and supporting revenue growth of the market. Edge data center operators are spending significantly on modern data center cooling technologies to maintain optimal and efficient operational conditions. When compared to air-based alternatives, liquid cooling technologies deliver more effective cooling in a much smaller package. Such systems are suited for deployment of high-density equipment at edge data centers due to their small size.
However, lack of standardization, concerns regarding risk of electrocution or shocks, and issues of operational complexity are expected to hamper revenue growth of the market to some extent during the forecast period.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Data Center Liquid Cooling market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Data Center Liquid Cooling market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Data Center Liquid Cooling market.
The global Data Center Liquid Cooling industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Rittal GmbH & Co.KG, Asetek, Inc, Vertiv Group Corp, Schneider Electric, DCX The Liquid Cooling Company, Iceotope Precision Immersion Cooling, Cooler Master Technology Inc., Allied Control Inc., Aspen Systems Inc., and COOlIT Systems
The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
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Market Segmentations of the Data Center Liquid Cooling Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2020 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Data Center Liquid Cooling market on the basis of product, application, and region:
Segments Covered in this report are:
- Component Outlook (Revenue, USD Billion; 2019–2030)
- Direct Liquid Cooling
- Indirect Liquid Cooling
- Direct Liquid Cooling
- Consulting & Design
- Data Center Type Outlook (Revenue, USD Billion; 2019–2030)
- Large Data Centers
- Small and Mid-Sized Data Centers
- Application Outlook (Revenue, USD Billion; 2019–2030)
- IT & Telecom
- Media & Entertainment
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Regional Outlook of the Data Center Liquid Cooling Market
The global Data Center Liquid Cooling market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In this section, authors of the report have studied the presence of the global Data Center Liquid Cooling market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key Points of the Geographical Analysis:
- Data and information related to the consumption rate in each region
- Estimated increase in the consumption rate
- Proposed growth of the market share of each region
- Geographical contribution to market revenue
- Expected growth rate of the regional markets
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Key reasons to buy the Global Data Center Liquid Cooling Market report:
- The latest report comprehensively studies the global Data Center Liquid Cooling market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products & services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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