DUBLIN–(BUSINESS WIRE)–The “Data Center Liquid Cooling Market – A Global and Regional Analysis: Focus on Product, Application, and Country Analysis – Analysis and Forecast, 2023-2033” report has been added to ResearchAndMarkets.com’s offering.

The global data center liquid cooling market, valued at $4,457.2 million in 2023, is expected to reach $39,961.3 million by 2033, exhibiting a robust CAGR of 24.53%, driven by increased data center spending and reduction in operational costs for data centers.

Liquid cooling solutions are revolutionizing data centers by efficiently dissipating heat generated by high-performance servers and equipment. This market is driven by a compelling need for energy-efficient and sustainable cooling methods to optimize data center operations. As the demand for data continues to surge, businesses and data center operators are turning to innovative liquid cooling technologies to enhance performance, reduce operating costs, and minimize environmental impact.

The market’s expansion is influenced by a multitude of significant factors. These include the escalating worldwide need for energy-efficient and robust data center cooling solutions, increasing penetration of the internet, cloud computing, and technologies such as AI, IoT, and big data. As a cumulative effect, these factors are projected to drive the increased adoption of data center liquid cooling.

Market Segmentation:

IT and Telecom Industry to Dominate the Global Data Center Liquid Cooling Market (by End Use Industry)

During the forecast period 2023-2033, the IT and Telecom segment is expected to dominate the market. With the introduction of new technologies such as 5G, IoT, virtual and augmented reality, and artificial intelligence, the IT and telecommunications industry is evolving to cater to huge data processing. As a result, telecom data centers are also transforming to handle high data volume and low latency needs. The banking, financial services, and insurance (BFSI) segment is expected to anticipate the highest growth rate due to being digitized, which involves utilizing the most cutting-edge technology, which will boost the data center usage, thereby augmenting the data center liquid cooling market.

During the forecast period, Europe, North America, and Asia-Pacific are projected to witness substantial demand for data center liquid cooling. The increasing government regulations and the consequent expansion of the data center industry are expected to create favorable conditions for the adoption of liquid cooling.

The utilization of liquid cooling is witnessing a notable expansion in Europe, North America, Asia-Pacific, and China. This growth can be attributed to heightened research and development activities, alongside a competitive environment that fosters innovation, infrastructure modernization projects, climate challenges, energy efficiency mandates, AI and HPC expansion, digital economy development, and strict data privacy and security requirements are all contributing to the growth of data caused by smartphones and the Internet of Things is driving the adoption of data center liquid cooling, consequently stimulating market growth.

Recent Developments in the Global Data Center Liquid Cooling Market

Recently, the global data center liquid cooling market has seen significant developments, reflecting a shift towards more efficient and sustainable cooling solutions. Major players like Vertiv Group Corp. and Asetek have introduced advanced liquid cooling technologies, catering to the increasing power densities in modern data centers. For instance, IBM’s adoption of liquid-cooled servers for enhanced energy efficiency sets a benchmark in the industry.

Furthermore, collaborations between cooling solution providers and cloud service giants, like the partnership between COOLIT SYSTEMS and Dell, are driving innovation. These developments underscore a growing trend towards eco-friendly and cost-effective cooling methods, essential for meeting the escalating demands of large-scale data processing.

Key Market Players and Competition Synopsis

The global data center liquid cooling market is a dynamic and rapidly evolving market, characterized by a blend of established companies and emerging innovators, each bringing unique technologies and strategies to meet the escalating demand for energy-efficient, high-performance cooling solutions in data centers worldwide. Driven predominantly by technological innovation, these companies are continuously developing new and improved cooling systems to enhance efficiency and minimize environmental impact.

The companies are putting emphasis on delivering customizable and scalable solutions to accommodate the varying requirements of data centers, from modest operations to large, intricate facilities. Moreover, the market is witnessing a trend of strategic partnerships and collaborations, as companies seek to expand their market presence and leverage collective technological expertise, further intensifying the competition and fostering growth in this sector.

A recent instance of COOLIT SYSTEMS’s collaboration with a major cloud service provider. This partnership involved the deployment of company’s direct-to-chip liquid cooling solutions in several of the provider’s data centers, resulting in significant improvements in cooling efficiency and energy savings. This move not only reinforced company’s position in the market but also set a benchmark for eco-friendly and efficient data center cooling practices, influencing other players in the industry to follow suit.

Major players in the market include liquid cooling providers such as Vertiv Group Corp., Asetek Inc., Asperitas, COOLIT SYSTEMS, and DCX Inc.

Key Attributes:

Report Attribute Details
No. of Pages 187
Forecast Period 2023 – 2033
Estimated Market Value (USD) in 2023 $4.45 Billion
Forecasted Market Value (USD) by 2033 $39.96 Billion
Compound Annual Growth Rate 24.5%
Regions Covered Global

Data Center Liquid Cooling Case Studies

  • Case Study 1: Comparative Analysis of Air-Cooled and Liquid-Cooled Systems in High-Capacity Data Centers
  • Case Study 2: Capital Expense Comparison – Facility and IT Load for Both Air-Cooled and Liquid-Cooled Data Center
  • Case Study 3: Optimizing Data Center Efficiency, Strategy with AMD EPYC Processors, and Immersion Cooling
  • Case Study 4: Colovore Implements Liquid Cooling Solution, Offering Rack Capacities of up to 50 kW
  • Case Study 5: PeaSoup’s Sustainable Data Center Solution

Industry Outlook

Market Drivers

  • Increasing Data Center Spending
  • Growing Need for Hyperscale Data Centers
  • Reduction in Operational Costs

Trends Shaping Data Center Liquid Cooling Market

  • Efficient Cooling Systems
  • Renewable Energy for Data Centers
  • Increased Data Requirements
  • Increasing Rack Power Density – New Data Center Reality
  • 5G Services to Drive Exponential Growth in Data Centers
  • Surge in Investments toward Data Center Cooling Innovations
  • Data Center Power Consumption Scenario

Market Restraints

  • High Investment Costs
  • Alternative Technologies Existing in the Market

Market Opportunities

  • Retrofitting Opportunities
  • Growth in Penetration Rate of Internet and Cloud Services

Data Center Dielectric Fluid Market Outlook

  • Selection Criteria for Dielectric Fluid for Data Center Immersion Cooling
  • Comparative Analysis for Different Liquid Cooling Technologies
  • Comparative Analysis for Dielectric Fluids
  • Rising Dielectric Fluid Usage Amid the Emergence of Liquid Cooling Trends
  • Comparison between Air and Liquid Cooling Technology
  • Green Innovation in Dielectric Fluids: Plant-Based Cooling Solutions for Data Centers and Crypto Mining Facilities

Supply Chain Overview

Some of the prominent companies in this market are:

  • Asetek, Inc.
  • Asperitas
  • Chilldyne, Inc.
  • DCX INC.
  • GRC, Inc.
  • Iceotope
  • LiquidStack Holding B.V.
  • Submer
  • Vertiv Group Corp.
  • ZutaCore, Inc.
  • Coolcentric
  • Midas Immersion Cooling
  • Motivair Corporation
  • PEZY Computing Inc.
  • Mikros Technologies
  • Nortek Air Solutions, LLC
  • TMGcore, Inc.
  • Koolance, Inc.
  • Firmus Technologies Pty Ltd
  • Shenzhen MicroBT Electronics Technology Co., Ltd
  • Super Micro Computer, Inc.
  • LiquidCool Solutions
  • Schneider Electric
  • Rittal GmbH & Co. KG
  • Accelsius
  • Legrand

For more information about this report visit https://www.researchandmarkets.com/r/uzfewk.

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