The global Data Center Liquid Cooling Market size is anticipated to reach at USD 4 billion by 2025. This is attributed to a substantial growth of virtual data centers owing to the huge amount of data in the number of industrial businesses such as IT & telecommunication, finance cloud, and many others. The growth of IT spending and the inclusion of IT in every operations and aspect has led to the generation of enormous data.
Key factors responsible for the industry growth include increasing demand for noise-free and compact solutions, rising requirements for energy-efficient cooling systems, need for improved overclocking potential, and lower operating expenses.
The global Data Center Liquid Cooling market is anticipated to increase at a 25.8% CAGR to reach value US$ 31.07 Bn in 2032
Moreover, factors such as developments in blockchain, artificial intelligence (AI), and other evolving technologies along with high-density cooling, are anticipated to create lucrative opportunities for the industry participants.
Data Center Liquid Cooling Market Scope
Metrics | Details |
Base Year | 2023 |
Historic Data | 2018-2022 |
Forecast Period | 2024-2032 |
Study Period | 2018-2032 |
Forecast Unit | Value (USD) |
Revenue forecast in 2032 | US$ 31.07 Bn |
Growth Rate | CAGR of 25.8% during 2022-2032 |
Segment Covered | by Cooling Type, by Industry, by End User, by Service, Regions |
Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
Key Players Profiled | Rittal GmbH & Co. Kg., Schneider Electric SE, Green Revolution Cooling, Allied Control Ltd, Horizon Computing Solutions, Asetek, Emerson Electric Co., IBM, Midas Green, Technologies, LLC, Alfa Laval, DCX, Iceotope, Chilldyne, Inc., CoolIT Systems, STULZ GmBH |
Key Segment Of The Data Center Liquid Cooling Market
by Cooling Type (USD Billion)
• Cold Plates
• Direct Liquid Cooling (DLC)
• Indirect Liquid Cooling
• Rack Liquid Cooling
by Industry, (USD Billion)
• Telecom and IT
• BFSI
• Government and Defense
• Research and Academia
• Energy
• Healthcare
• Others
by Data Center Size, (USD Billion)
• Small and Medium-sized Data Centers (500 sq. feet to 5,000 sq. feet)
• Large Data Centers (More than 5,000 sq. feet)
by End User, (USD Billion)
• Cloud Providers
• Colocation Providers
• Enterprise Data Centers
• Hyperscale Data Centers
by Service, (USD Billion)
• Consultation Services
• Installation and Deployment Services
• Maintenance and Support Services
Regional Overview,(USD Billion)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
The data center cooling is becoming essential due to the increased processing power of data centers resulting in more heat production. On the other hand, air-based cooling systems are facing issues in cooling data centers which have compelled to search for alternatives. Liquid data center cooling has been introduced which enables in keeping the temperature under control within the data infrastructure and avoid electrical systems from getting damaged due to extreme heat generation. The ability of adoption in low-density data centers and deployment in a harsh environment are expected to create potential prospects in the data center liquid cooling industry. The data center liquid cooling has wide applications in BFSI, healthcare, IT & telecom, and more since they utilize huge data centers for data storage and processing.
Component Segment
The global data center liquid cooling market contains both solutions and services segments. The solutions segment is further classified into indirect liquid cooling and direct liquid cooling. Whereas, the services segment is further classified into installation & deployment, and consulting & design.
The solutions segment of the data center liquid cooling component has a maximum revenue share within the Data Center Liquid Cooling Market in 2019. However, the services segment is anticipated to grow at a substantial CAGR over the forecast period.
Data Center Type Segment
Based on the data center type segment, the market is segmented into small & medium, and large. The market for large enterprises to possess the largest market share in 2019 since enterprises today are predominantly developing to match their user needs. However, the small & medium enterprise is projected to grow with a considerable growth rate in the next five years.
Application Segment
Based on the application, the market is segmented into BFSI, IT & telecom, government & defense, healthcare, retail, energy & utilities, manufacturing, and others. IT & telecom is witnessed to hold the largest market share for Data Center Liquid Cooling Market in 2019. The healthcare sector is anticipated to grow at the highest CAGR from 2020 to 2025 owing to the growing demand of data centers to manage a massive amount of data generated such as disease details, personal information, medical history, treatment, as well as payment data.
North America holds the title of one of the leading Data Center Liquid Cooling Market share region due to the expansion of demand in data centers that projects the process in positioning and designing as per the business needs. Resulting in the high demand and maximum numbers of market share. Taking Europe into the loop, the market is efficiently experiencing a high growth rate due to the increasing demand for energy efficiency of data centers among the businesses to lessen the cost. Data Center Liquid Cooling Market size is projected to hold the highest growth rate in the future due to a decrease in the real estate cost and growing needs for scalable and energy-efficient data centers.
The major players of the global Data Center Liquid Cooling Market are Schneider Electric SE, IBM Corporation, Green Revolution Cooling Inc., Allied Control Ltd., CoolIT Systems Inc., Vertiv Co., Chilldyne Inc., Midas Green Technologies LLC, Rittal GmbH & Co., and Mitsubishi Electric Corporation. The Data Center Liquid Cooling Market is fragmented with the existence of well-known global and domestic players across the globe.