The global Data Center Liquid Cooling Market was valued at USD 1.87 billion in the year 2027 with the Americas region leading the regional market share.
A liquid cooling system is an enhanced heat transfer solution designed to remove and dissipate heat quickly and effectively. The liquid cooling system is essential in the IT and data-centre sector, owing to the need for enhanced high-quality cooling solutions more efficient than the traditional air-cooling solution. Also, the surge in technological innovation in IT infrastructure coupled with the rise in demand for liquid cooling system among smartphone manufacturers for thermal management is driving the growth of the global market. Further, Cloud providers, colocation providers, hyperscale data centers and others are adopting cold plates, rack liquid cooling, direct liquid cooling (DLC), and indirect liquid cooling which will increase the demand for data center liquid cooling technology.
The Asia Pacific region is anticipated to witness rapid growth during the forecast period owing to steady growth in the rapid expansion of the high demand for cloud applications primarily due to social media, gaming and entertainment in the region. China's large base is a significant contributor to the expansion of the regional market.
The COVID-19 epidemic had a negligible impact on the data center liquid cooling industry. Due to mandated social distance restrictions, business activities like data center consolidation were temporarily put on hold, and physical server moves, building closures, and space openings were made more difficult. One significant development brought about by the COVID-19 epidemic is the ability for businesses to offer remote work to their employees around the world. This has led to a sharp increase in demand for data centers around the world.
Additionally, the majority of interactions between people and companies now take place online. The amount of internet traffic, collaboration software, and data security all increased significantly as a result. As a result, data centers experienced an increase in workload in 2020 and 2021. As a result, these data centers have a significant requirement for cooling. Thus, the COVID-19 epidemic raised the demand for liquid cooling systems for data centers.
Scope of the Report
The report presents the analysis of Data Center Liquid Cooling Market for the historical period of 2018-2021, estimates for the year 2022 and the forecast period of 2023-2028.
The report analyses the Data Center Liquid Cooling Market by Value (USD Million).
The report analyses the Data Center Liquid Cooling Market by Components (Solution and Services).
The report analyses the Data Center Liquid Cooling Market by Data Center Type (Small & Medium Sized Center, Large Center).
The report analyses the Data Center Liquid Cooling Market by Industry Verticals (BFSI, IT & Telecom, Govt. & Defence, Healthcare, Others.
The Global Data Center Liquid Cooling Market has been analysed By Region (Americas, Europe, Asia Pacific, and MEA).
The key insights of the report have been presented through the frameworks of Company Share. Also, the attractiveness of the market has been presented by region, by Components, By Data Center Type, By Industry Verticals.
Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
The report tracks competitive developments, strategies, and List of First-Time Data Center Liquid Cooling Approvals in 2021. The companies analysed in the report include Asetek, Vertive Co., CoolIT System, Chilldyne, Schneider Electric, Rittal, Green Revolution Cooling, Dug Technology, Alfa Laval AB, Fujitsu.
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