CHICAGO, Aug. 1, 2024 /PRNewswire/ -- The
report "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 2030", is projected to grow from
USD 4.9 billion in 2024 to
USD 21.3 billion by 2030, at a CAGR
of 27.6% during the forecast period. The data center liquid cooling
market has been increasing because of greater data center
densities, as well as the need for energy efficiency and cost
savings, improvements in cooling technology, and strict regulatory
standards. Furthermore, a need for high-performance computer
systems and state subsidies for energy-saving technologies also
facilitate the adoption process.
Browse in-depth TOC on "Data Center Liquid Cooling
Market"
295 – Tables
54 – Figures
277 –
Pages
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By component, the services segment is estimated to be the
fastest-growing data center liquid cooling segment from 2024 to
2030.
From 2024 to 2030, it is anticipated that the services part of
the data center liquid cooling market will be the quickest
expanding sector. Service providers for data center liquid cooling
offer system integration services that incorporate liquid cooling
technology into the IT infrastructure of the data centre. By
helping data centre operators to install and maintain effective
liquid cooling solutions, service segments guarantee the
dependability, efficacy, and efficiency of the cooling structure
within the data center setting.
By data center type, the small and mid-sized data center
segment is estimated to be the fastest-growing segment of the data
center liquid cooling market from 2024 to 2030.
By size segment of the data center liquid cooling market, small
and mid-sized data center is projected to be the fastest-growing
segment from 2024 to 2030. Small and midsize data centers deploy
more complex IT hardware such as high-performance servers, storage
systems, and networking devices; they also increase power density.
Larger heat loads produced by these systems may make it hard for
conventional air-cooling techniques to cope up with. An efficient
way of managing increasing needs for heat dissipation may be done
using liquid cooling that ensures high performance and reliability
of equipment.
By end user, the hyperscale data center segment is estimated
to be the fastest-growing segment of the data center liquid cooling
market from 2024 to 2030.
By end-user segment, leading user influenced data centre liquid
cooling systems market specifically hyperscale data centres are
expected to be the fastest growing segment from 2024 up to 2030. A
lot of servers and IT devices occupy a relatively small space in a
hyperscale data centre. It falls within this compact architecture
that great amounts of heat are generated and need to be dissipated
properly. Compared with traditional air-cooling methods, liquid
cooling offers better heat dissipation capabilities. Liquid cooling
systems work more effectively by coming into direct contact with
heated elements thereby absorbing their energy to maintain optimal
operational temperatures as well as preventing thermal
bottlenecks.
By enterprise, the BFSI segment is estimated to be the
fastest-growing data center liquid cooling segment from 2024 to
2030.
The BFSI segment of the data center liquid cooling market is
anticipated to see the highest growth from 2024 to 2030. BFSI
sector employs intricate financial algorithms and data-driven
applications that require great processing capabilities. Therefore,
highly scalable servers, storage devices, as well as networking
gear are employed generating immense heat. Liquid cooling is
gaining ground in order for these operations that consume a lot of
computing power to effectively manage their heat removal needs and
ensure maximum performance while avoiding temperature-related
issues.
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By type of cooling, the immersion liquid cooling segment is
estimated to be the fastest-growing data center liquid cooling
segment from 2024 to 2030.
Immersion Liquid Cooling is expected to be the fastest-growing
segment in the data center liquid cooling market according to the
types of cooling. Immersion liquid cooling is comparatively more
energy efficient than air cooling methods. A dielectric liquid can
be used to instantly submerge IT equipment thus expediting heat
transfer away from them and evading air conditioning systems and
fans which consume a lot of energy. Consequently, this results in
greater savings on electricity costs for the data center, less
power usage as well as lower operating expenditures.
Asia Pacific is estimated to
be the fastest-growing region in the data center liquid cooling
market during the forecast period.
The data center liquid cooling market is expected to grow
fastest in Asia Pacific during the
forecast period. In the region, there is an increasing trend of
data center investments as a result of several factors including
rapid uptake of cloud computing, increasing number of
data-sensitive businesses and speedy digital transformation. The
raising importance laced with data centers has made effective
cooling techniques such as liquid cooling technologies become
necessary. The data center liquid cooling market in Asia Pacific will experience growth driven by
efficient cooling solutions aimed at improving Power Usage
Effectiveness (PUE).
Rittal GmbH & Co. KG (Germany), Vertiv Group Corp. (US), Green
Revolution Cooling Inc. (GRC) (US), Submer (Spain), Schneider Electric (France), LiquidStack Holding B.V(US), Iceotope
Precision Liquid Cooling (UK), COOLIT SYSTEMS (Canada), DUG Technology (Australia), DCX Liquid Cooling Systems
(Poland), Delta Power Solutions
(Taiwan), Wiwynn (Taiwan), LiquidCool Solutions, Inc. (US),
Midas Immersion Cooling (US), BOYD
(US), Kaori Heat Treatment Co,. Ltd (Taiwan), Chilldyne, Inc. (US), Asperitas
(Netherlands), and STULZ GMBH
(Germany) are the key players in
data center liquid cooling market.
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