
Data Center Liquid Cooling Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Description
The global data center liquid cooling market was valued at USD 3.2 billion in 2023 and is estimated to showcase over 19% CAGR between 2024 and 2032, propelled by the demand for efficient cooling solutions becoming paramount. Traditional cooling methods, while once effective, are now struggling to keep pace with the rising energy consumption and operational densities of modern data centers. This shift is not merely a trend but a necessity, as companies recognize the tangible benefits of liquid cooling technologies. These technologies not only promise enhanced thermal management but also offer significant energy savings, making them an attractive proposition for forward-thinking enterprises. The Data Center Liquid Cooling Market is classified based on component, data center size, application, end use, and region. The growing emphasis on energy efficiency and operational cost reduction is driving the surge in the solution component segment of the data center liquid cooling industry. In 2023, the solution segment, based on components, accounted for over USD 2 billion. The segment's growth is fueled by the rising demand for cooling solutions adept at managing heat in high-density computing settings. Immersive cooling, a step away from conventional air methods, tackles heat by submerging densely packed components in a cooling fluid. This approach not only curtails the need for extra cooling infrastructure but also trims operational costs and boosts energy efficiency by reducing dependence on air conditioning. The enterprise segment of the data center liquid cooling market, based on end-use, is set to grow at a CAGR of over 16% from 2024 to 2032. Sectors like BFSI, retail, healthcare, and manufacturing, which heavily rely on data processing and storage, are channeling significant investments into advanced data center solutions. This is to manage vast data volumes, ensure consistent availability, and uphold operational efficiency. The push towards digital transformation and the demand for secure computing environments are key drivers for this segment. North America led the global data center liquid cooling market in 2023, holding over 35% share, owing to its advanced IT infrastructure and hefty investments in cutting-edge technologies. The region's commitment to technological advancement is evident in its robust cloud computing and tech industries. These sectors not only drive demand but also set the pace for innovations in data center solutions. Furthermore, North America's favorable regulatory landscape, coupled with incentives for tech investments, creates a conducive environment for market growth. The concentration of major technology firms, especially in the U.S. and Canada, further cements the region's leadership position
Table of Contents
201 Pages
- Chapter 1 Research Methodology
- 1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
- 1.2 Base estimates and calculations
- 1.2.1 Base year calculation
- 1.2.2 Key trends for market estimates
- 1.3 Forecast model
- 1.4 Primary research & validation
- 1.4.1 Primary sources
- 1.4.2 Data mining sources
- 1.5 Market definitions
- Chapter 2 Executive Summary
- 2.1 Industry 360 degree synopsis, 2021-2032
- 2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2024 - 2032
- 2.2.1.1 TAM trends
- 2.3 Regional trends
- 2.4 Component trends
- 2.5 Data center size trends
- 2.6 Application trends
- 2.7 End use trends
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Component suppliers
- 3.1.2 Manufacturers
- 3.1.3 System integrators
- 3.1.4 Cloud service providers
- 3.1.5 Distributors
- 3.1.6 End users
- 3.2 Supplier landscape
- 3.2.1 Supplier landscape
- 3.3 Architecture analysis
- 3.3.1 Direct to chip liquid cooling
- 3.3.2 Immersive cooling Â3.4 Analysis of shift from air cooling to liquid cooling
- 3.4.1 Energy Efficiency and Heat Dissipation
- 3.4.2 Increasing power density
- 3.4.3 Server consolidation and virtualization
- 3.4.4 Sustainability and green data centers
- 3.4.5 Total Cost of Ownership (TCO)
- 3.4.6 Maintenance and reliability
- 3.5 Power density trends in data centers
- 3.5.1 Increasing demands for high-performance computing
- 3.5.2 Acceleration of edge computing
- 3.5.3 Advanced cooling technologies
- 3.5.4 Optimization of space
- 3.5.5 Customized workload solutions
- 3.6 Technology and innovation landscape
- 3.6.1 Direct-to-chip cooling
- 3.6.2 Immersion cooling
- 3.6.3 Rear door heat exchangers
- 3.6.4 Thermal Interface Materials (TIMs)
- 3.6.5 Liquid Cooling Distribution Units (LCDUs)
- 3.7 Patent analysis
- 3.8 Key news and initiatives
- 3.9 Regulatory landscape
- 3.9.1 North America
- 3.9.2 Europe
- 3.9.3 Asia Pacific
- 3.9.4 Latin America
- 3.9.5 MEA
- 3.10 Industry impact forces
- 3.10.1 Growth drivers
- 3.10.1.1 Increase in the demand for energy-efficient and cost-effective data centers in North America
- 3.10.1.2 Increasing applications of cloud computing, cryptocurrency, blockchain, and AI in Asia Pacific
- 3.10.1.3 Growing trend for high-performance computing across Europe and Asia Pacific
- 3.10 .
- 1.4 Growing in ves tment s in th e IT & tele com sector in S outh Amer ica an d the M E A
- 3.10.2 Industry pitfalls and challenges
- 3.10.2.1 High expenditure and maintenance costs
- 3.10.2.2 Need for specialized infrastructure
- 3.11 Growth potential analysis
- 3.12 Porter's analysis
- 3.13 PESTEL analysis
- Chapter 4 Competitive Landscape
- 4.1 Introduction
- 4.2 Company market share analysis, 2023
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
- Chapter 5 Data Center Liquid Cooling Market, By Component
- 5.1 Key trends, by component
- 5.2 Solution
- 5.3 Services
- Chapter 6 Data Center Liquid Cooling Market, By Data Center Size
- 6.1 Key trends, by data center size
- 6.2 Small data center
- 6.3 Medium data center
- 6.4 Large data center
- Chapter 7 Data Center Liquid Cooling Market, By Application
- 7.1 Key trends, by application
- 7.2 Server cooling
- 7.3 Storage cooling
- 7.4 Networking cooling
- 7.5 Others
- Chapter 8 Data Center Liquid Cooling Market, By End Use
- 8.1 Key trends, by end use
- 8.2 Enterprise
- 8.3 Telecom service provider
- 8.4 Cloud service provider
- Chapter 9 Data Center Liquid Cooling Market, By Region
- 9.1 Key trends, by region
- 9.2 North America
- 9.3 Europe
- 9.4 Asia Pacific
- 9.5 South America
- 9.6 MEA
- Chapter 10 Company Profiles
- 10.1 3M Company
- 10.1.1 Global overview
- 10.1.2 Market/business overview
- 10.1.3 Financial data
- 10.1.3.1 Sales revenue, 2020-2023
- 10.1.4 Product landscape
- 10.1.5 SWOT analysis
- 10.2 Aecorsis BV (Asperitas)
- 10.2.1 Global overview
- 10.2.2 Market/business overview
- 10.2.3 Financial data
- 10.2.4 Product landscape
- 10.2.5 SWOT analysis
- 10.3 Alfa Laval AB
- 10.3.1 Global overview
- 10.3.2 Market/business overview
- 10.3.3 Financial data
- 10.3.3.1 Sales Revenue, 2020-2023
- 10.3.4 Product landscape
- 10.3.5 Strategic outlook
- 10.3.6 SWOT analysis
- 10.4 Asetek A/S
- 10.4.1 Global overview
- 10.4.2 Market/business overview
- 10.4.3 Financial data
- 10.4.3.1 Sales Revenue, 2020-2023
- 10.4.4 Product landscape
- 10.4.5 SWOT analysis
- 10.5 Bitfury Group Limited
- 10.5.1 Global overview
- 10.5.2 Market/business overview
- 10.5.3 Financial data
- 10.5.4 Product landscape
- 10.5.5 Strategic outlook
- 10.5.6 SWOT analysis
- 10.6 Black Box Corporation
- 10.6.1 Global overview
- 10.6.2 Market/business overview
- 10.6.3 Financial data
- 10.6.3.1 Sales revenue, 2021-2024
- 10.6.4 Product landscape
- 10.6.5 Strategic outlook
- 10.6.6 SWOT analysis
- 10.7 Childyne Inc.
- 10.7.1 Global overview
- 10.7.2 Market/business overview
- 10.7.3 Financial data
- 10.7.4 Product landscape
- 10.7.5 SWOT analysis
- 10.8 Cool IT Systems Inc.
- 10.8.1 Global overview
- 10.8.2 Market/business overview
- 10.8.3 Financial data
- 10.8.4 Product landscape
- 10.8.5 Strategic outlook
- 10.8.6 SWOT analysis
- 10.9 DCX the liquid cooling company
- 10.9.1 Global overview
- 10.9.2 Market/business overview
- 10.9.3 Financial data
- 10.9.4 Product landscape
- 10.9.5 SWOT analysis
- 10.10 Green Revolution Cooling Inc.
- 10.10.1 Global overview
- 10.10.2 Market/business overview
- 10.10.3 Financial data
- 10.10.4 Product landscape
- 10.10.5 Strategic outlook
- 10.10.6 SWOT analysis
- 10.11 IBM Corporation
- 10.11.1 Global overview
- 10.11.2 Market/business overview
- 10.11.3 Financial data
- 10.11.3.1 Sales revenue, 2020-2023
- 10.11.4 Product landscape
- 10.11.5 Strategic outlook
- 10.11.6 SWOT analysis
- 10.12 Iceotype Technologies Limited
- 10.12.1 Global overview
- 10.12.2 Market/business overview
- 10.12.3 Financial data
- 10.12.4 Product landscape
- 10.12.5 SWOT analysis
- 10.13 Liquidcool Solutions Inc.
- 10.13.1 Global overview
- 10.13.2 Market/business overview
- 10.13.3 Financial data
- 10.13.4 Product landscape
- 10.13.5 SWOT analysis
- 10.14 Midas Green Technologies LLC
- 10.14.1 Global overview
- 10.14.2 Market/business overview
- 10.14.3 Financial data
- 10.14.4 Product landscape
- 10.14.5 SWOT analysis
- 10.15 Mitsubishi Electric Corporation
- 10.15.1 Global overview
- 10.15.2 Market/business overview
- 10.15.3 Financial data
- 10.15.3.1 Sales revenue, 2020-2023
- 10.15.4 Product landscape
- 10.15.5 Strategic outlook
- 10.15.6 SWOT analysis
- 10.16 Nvent
- 10.16.1 Global overview
- 10.16.2
- 1.16.2 Market/business overview
- 10.16.3 Financial data
- 10.16.3.1 Sales revenue, 2021-2024
- 10.16.4 Product landscape
- 10.16.5 SWOT analysis
- 10.17 Rittal GmbH & Co. KG
- 10.17.1 Global Overview
- 10.17.2 Market/business overview
- 10.17.3 Financial data
- 10.17.4 Product Landscape
- 10.17.5 Strategic outlook
- 10.17.6 SWOT analysis
- 10.18 Schneider Electric SE
- 10.18.1 Global overview
- 10.18.2 Market/business overview
- 10.18.3 Financial data
- 10.18.3.1 Sales revenue, 2020-2023
- 10.18.4 Product landscape
- 10.18.5 Strategic outlook
- 10.18.6 SWOT analysis
- 10.19 STULZ GmbH
- 10.19.1 Global overview
- 10.19.2 Market/business overview
- 10.19.3 Financial data
- 10.19.4 Product landscape
- 10.19.5 Strategic outlook
- 10.19.6 SWOT analysis
- 10.20 Submer Technologies
- 10.20.1 Global overview
- 10.20.2 Market/business overview
- 10.20.3 Financial data
- 10.20.4 Product landscape
- 10.20.5 Strategic outlook
- 10.20.6 SWOT analysis
- 10.21 Vertiv Group
- 10.21.1 Global overview
- 10.21.2 Market/business overview
- 10.21.3 Financial data
- 10.21.3.1 Sales revenue, 2020-2023
- 10.21.4 Product landscape
- 10.21.5 Strategic outlook
- 10.21.6 SWOT analysis
- 10.22 Research practices
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