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Data Center Liquid Cooling Market Analysis And Trends By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast – 2028

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Data Center Liquid Cooling Market Analysis And Trends By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast – 2028

May 22
17:36 2024
Data Center Liquid Cooling Market Analysis And Trends By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast - 2028
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).
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

The global data center liquid cooling market 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. The growth of the data center liquid cooling market is primarily propelled by several key factors; these include the rising demand for energy-efficient cooling solutions because of increasing environmental concerns. There is a growing need for compact and noise-free cooling solutions to address space constraints and provide a comfortable working environment. Another driving force is the requirement for lower operating costs, which liquid cooling can help achieve. There is a strong demand for improved overclocking potential, driving the adoption of liquid cooling solutions in data centers.

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By component, the services segment is estimated to be the fastest-growing data center liquid cooling segment from 2023 to 2028.

The services segment, by component of the data center liquid cooling market, is projected to be the fastest-growing segment from 2023 to 2028. The system integration services that data center liquid cooling service providers provide involve integrating liquid cooling technologies with the IT infrastructure of the data center. Assuring the dependability, effectiveness, and performance of the cooling infrastructure inside the data center environment, service segments assist data center operators in implementing and maintaining efficient liquid cooling solutions.

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 2023 to 2028.

The small and mid-sized data center, by size segment of the data center liquid cooling market, is projected to be the fastest-growing segment from 2023 to 2028. Besides deploying more complex IT hardware, such as high-performance servers, storage systems, and networking devices, small and midsize data centers also increase power density. The larger heat loads these systems produce may make it difficult for conventional air cooling techniques to keep up. The increasing need for heat dissipation may be effectively managed with liquid cooling, providing top performance and equipment dependability.

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Unique Features in the Data Center Liquid Cooling Market

The cooling efficiency of liquid cooling systems is substantially better than that of conventional air cooling. They are perfect for high-density server setups since they can remove more heat per unit of energy.

By reducing the need for energy-intensive air conditioning equipment, liquid cooling lowers the overall energy consumption of data centres. Lower operating expenses and increased energy efficiency are the results of this.

By focusing liquid cooling directly on heat-generating components, accurate thermal management is achieved. By guaranteeing even cooling and mitigating the formation of hot spots, this enhances the dependability and efficiency of data centre apparatus.

Systems for liquid cooling are frequently smaller than those for conventional air cooling. Higher server densities and better-designed data centre layouts are made possible by this more effective use of available space in data centres.

Liquid cooling systems are quieter to operate than air cooling systems, which need big fans and blowers. This is advantageous in data centres where it is necessary to reduce noise levels.

Major Highlights of the Data Center Liquid Cooling Market

Because high-density data centres are becoming more and more in need of sustainable and effective cooling solutions, the market for liquid cooling systems for data centres is expanding significantly. Two major forces are the growth of high-performance computer applications and the increasing need for data processing.

When it comes to energy efficiency, liquid cooling systems outperform conventional air cooling. They lessen the requirement for large amounts of air conditioning, which results in significant energy savings and lower operating costs—a factor that is becoming more and more crucial for data centres trying to minimise their carbon imprint.

As high-density servers and sophisticated computer applications like artificial intelligence and machine learning become more widely used, liquid cooling systems offer the temperature control required to preserve dependability and peak performance in small areas.

With developments in cooling technologies, including as immersion cooling and direct-to-chip cooling, the market is seeing constant innovation. These methods provide new avenues for efficient thermal load management while also improving cooling efficiency.

By lowering overall energy usage and, in certain situations, doing away with the requirement for water in cooling operations, liquid cooling supports sustainability initiatives. This is in line with international efforts to reduce the environmental impact of data centres.

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Top Companies in the Data Center Liquid Cooling Market

Companies such as Rittal GmbH & Co. KG (Germany), Fujitsu (Japan), Vertiv Group Corp. (US), Green Revolution Cooling Inc. (US), Submer (Spain), Midas Green Technologies (US), Schneider Electric (France) fall under the winners’ category. These are leading players in the data center liquid cooling market globally. These players have adopted the strategies of expansions, agreements, new product development, partnerships, and acquisitions, to fulfill the rising demand for face masks on the regional and global levels.

Submer

Submer offers various business segments, such as Data Centers, Colocation, High-Performance Computing (HPC), Edge Computing, and Cloud Service Providers (CSPs). The company designs and manufactures equipment for OEMs, Large scale computing environments, and Colocation. Submer serves diverse industries, including Technology, Healthcare, Financial Services, and Government. In December 2021, Submer announced a partnership with Submerged Cooling Solutions (SCS), a leading specialist in immersion cooling technologies in the Netherlands. This collaboration grants companies in the Netherlands access to Submer’s complete range of award-winning immersion-powered solutions.

Schneider Electric

Schneider Electric operates through two segments: Energy Management and Industrial Automation. Schneider Electric serves the construction, residential, energy, and infrastructure sectors, providing data center cooling solutions within the Energy Management segment. Schneider Electric is significant in Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. In October 2019, Schneider Electric announced a partnership with Avnet and Iceotope Precision Immersion Cooling to collaborate on developing liquid-cooled data center solutions.

Vertiv Group Corp

Vertiv Group Corp. offers various solutions and services for power, thermal, IT, and edge infrastructure across multiple industries. The company operates and reports results across three geographic segments: Americas, Asia Pacific, and Europe, Middle East & Africa. Key customers of Vertiv Group Corp. include Alibaba, Alstom, AT&T, Equinix, Ericsson, Reliance, and Vodafone. In May 2023, Vertiv Group Corp. announced a partnership with UTC Heathrow. Together, they will deliver a co-teach program focused on the data center sector. This partnership aims to equip students with the necessary skills and knowledge to excel in the digital infrastructure industry.

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