Data Center Liquid Cooling Market Comprehensive Analysis and Forecast 2024 to 2030
Markntel Advisors’ report, Data Center Liquid Cooling Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Data Center Liquid Cooling presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Data Center Liquid Cooling Market Research Report & Market Summary:
The Global Data Center Liquid Cooling Market size was valued at USD 3.01 billion in 2024 and it is estimated to grow at a CAGR of around 21.70% during the forecast period, i.e., 2024-30. The factors that contributed to the growth of the data center liquid cooling have been the surging setup of data centers in the Information Technology (IT) and telecom sector and the growing focus of governments across the Middle East, Asia-Pacific, and other regions toward digitalization.
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Data Center Liquid Cooling Market Dynamics:
Key Driver-
Increasing Data Centers for Financial Institutions to Push Demand for Data Center Liquid Cooling – Over the past few years, there has been a significant increase in the number of banks & the bankable population across the globe due to rising globalization, promoting financial inclusion and economic growth in developed & developing nations. Financial institutions are essential for every individual, including working, students, and others, since the banks pose as a safe place for storing money.
Moreover, nowadays these financial institutions offer a wide range of payment and transaction services for paying bills, making purchases, among other transactional activities. As a result, more individuals are increasingly opening their bank accounts to access different financial services provided by the public & private banks. According to global Findex by the World Bank, in 2022, more than 76% of adults across the globe had an account at a bank or any regulated institution such as a credit union or microfinance institution. This significant rise in the bankable population increased the consumer’s financial data. As a result, banks or financial institutions rely on their data centers to store critical financial information.
Further, the data centers have hardware & servers, which tend to overheat due to the continuous operations, therefore, there is a requirement for the data center liquid cooling systems to prevent hardware failure. Hence, the banks opt for data center liquid cooling systems to ensure the continuity of their operations, driving the Global Data Center Liquid Cooling Market.
Data Center Liquid Cooling Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Cooling Type
- Cold Plates- Market Size & Forecast 2019-2030F, USD Million
- Direct Liquid Cooling- Market Size & Forecast 2019-2030F, USD Million
- Immersion- Market Size & Forecast 2019-2030F, USD Million
- Single-Phase- Market Size & Forecast 2019-2030F, USD Million
- Two-Phase- Market Size & Forecast 2019-2030F, USD Million
- Chilled Water Cooling- Market Size & Forecast 2019-2030F, USD Million
- Immersion- Market Size & Forecast 2019-2030F, USD Million
- Indirect Liquid Cooling- Market Size & Forecast 2019-2030F, USD Million
- Top-of-Row Cooling- Market Size & Forecast 2019-2030F, USD Million
- In-Row Cooling- Market Size & Forecast 2019-2030F, USD Million
- Rack Liquid Cooling- Market Size & Forecast 2019-2030F, USD Million
Data centers of end-user industries like Banking, financial services and Insurance (BFSI), retail or e-commerce platforms, IT and telecom, etc., are increasingly opting for cold plates to dissipate heat from the data centers & minimize the risk of hardware failures. As a result, the share of cold plates system in the Global Data Center Liquid Cooling Market is significant.
By End Users
- Healthcare & Lifesciences- Market Size & Forecast 2019-2030F, USD Million
- E-commerce and Retail- Market Size & Forecast 2019-2030F, USD Million
- IT and Telecom- Market Size & Forecast 2019-2030F, USD Million
- BFSI- Market Size & Forecast 2019-2030F, USD Million
- Hospitality- Market Size & Forecast 2019-2030F, USD Million
- Others (Energy & Utilities, Media & Entertainment, etc.) – Market Size & Forecast 2019-2030F, USD Million
In recent years, E-commerce and retail have witnessed significant growth due to a surge in internet penetration across the globe & the advantages of e-commerce over traditional shopping. According to the International Trade Administration, in 2021, globally, retail e-commerce sales increased by approximately 14%, compared to 2020. The increasing inclination of e-commerce and retail businesses has resulted in the generation of vast amounts of data, including customer information, product catalogs, transaction records, and inventory data.
By Data Center Size
- Small & Medium- Market Size & Forecast 2019-2030F, USD Million
- Large- Market Size & Forecast 2019-2030F, USD Million
By Type of Data Center
- Enterprise- Market Size & Forecast 2019-2030F, USD Million
- Colocation- Market Size & Forecast 2019-2030F, USD Million
- Cloud Data Centers- Market Size & Forecast 2019-2030F, USD Million
- Hyperscale- Market Size & Forecast 2019-2030F, USD Million
- Others (Disaster Recovery (DR) Data Centers, Modular and Prefabricated Data Centers, etc.)- Market Size & Forecast 2019-2030F, USD Million
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
North America gained a significant market share in the Global Data Center Liquid Cooling Market due to the prevalence of IT and telecom companies like Google, Amazon, Microsoft, Facebook, and Apple in North American countries like the US & Canada. The ease of doing business and the establishment of commercial offices have led to the setup of extensive data center networks in these countries to support their cloud services and online platforms.
As indicated in the latest market research report published by Markntel Advisors, “Data Center Liquid Cooling Research Report: Forecast (2024-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Data Center Liquid Cooling industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/data-center-liquid-cooling-market.html
Top Companies Operating in the Data Center Liquid Cooling Market:
- Vertiv Group Corp
- Fujitsu
- Submer
- Green Revolution Cooling Inc.
- Rittal GmbH & Co. KG
- Schneider Electric
- Midas Green Technologies
- Liquidstack Holding BV
- Chilldyne Inc.
- Iceotope
- Coolit Systems
- Asperitas
- Dug Technology
- LiquidCool Solutions Inc.
- DCX Liquid Cooling Systems
- Others (Stulz GmbH, Delta Power Solutions, etc.).
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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Frequently Asked Questions (FAQs)-
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- How has the industry been evolving in terms of geography & Data Center Liquid Cooling Market adoption?
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- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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