The latest research study “Data Center Liquid Cooling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” by IMARC Group, finds that the global data center liquid cooling market size reached US$ 2.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.2 Billion by 2028, exhibiting a growth rate (CAGR) of 22.38% during 2023-2028.
Data center liquid cooling is a cutting-edge technology that manages the growing demand for efficient and sustainable cooling solutions in data centers. It removes heat from electronic components, reducing the risk of thermal throttling and potential hardware failures. It is effective in cooling high-density computing environments, such as artificial intelligence (AI) and high-performance computing (HPC) applications, where traditional cooling methods often struggle to maintain optimal temperatures. It also enables overclocking of processors and graphics cards, pushing them beyond their factory-set limits for enhanced performance in tasks like gaming and scientific simulations.
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Data Center Liquid Cooling Market Trends and Drivers:
At present, the increasing demand for data center liquid cooling as it generates less noise, creating a quiet and comfortable working environment for data center staff, represents one of the crucial factors impelling the growth of the market. Besides this, the rising utilization of data center liquid cooling as it contributes to the sustainability efforts of data centers by reducing their carbon footprint and overall environmental impact is strengthening the growth of the market. In addition, the growing arrangements to manage and dissipate the heat generated by high-density computing equipment are offering a favorable market outlook. Apart from this, the increasing popularity of edge computing, as it enables faster data processing and reduced latency, is propelling the growth of the market.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- 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 and Vertiv Group Corp.
The report has segmented the market on the basis of
Breakup by Component:
- Solution
- Direct Liquid Cooling
- Indirect Liquid Cooling
- Services
- Design and Consulting
- Installation and Deployment
- Support and Maintenance
Breakup by Data Center Type:
- Large Data Centers
- Small and Medium-sized Data Centers
- Enterprise Data Centers
Breakup by End Use:
- Cloud Providers
- Colocation Providers
- Enterprises
- Hyperscale Data Centers
Breakup by Application:
- BFSI
- IT and Telecom
- Media and Entertainment
- Healthcare
- Government and Defense
- Retail
- Research and Academic
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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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’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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