Global Data Center Liquid Cooling Market
Description
Global Data Center Cooling Market size was valued at USD 6.54 billion in 2024 and is projected to reach USD 18.23 billion by 2031, growing at a CAGR of 15.8% during the forecast period (2024-2031).
The market growth is driven by the rising demand for efficient cooling technologies due to increased data center energy consumption, growth in cloud computing, expansion of 5G networks, and adoption of AI and machine learning technologies. Key enablers include investments by major tech companies such as Amazon, Microsoft, and Google, government initiatives supporting digital infrastructure, and technological advancements in cooling systems like containment solutions, air conditioners, chillers, and air handling units. The Telecom and IT sector demonstrates dominance, driven by the need for robust data processing and storage capabilities. Leading players prioritize the development of energy-efficient and sustainable cooling solutions, addressing operational cost concerns and regulatory regulations aimed at reducing the carbon footprint.
Top-down and bottom-up research approaches were employed to estimate and validate market size, with triangulation from interviews, financial reports, and secondary data. The market segmentation covers product types (air conditioners, chillers, air handling units, others), containment systems, structure (rack-based, row-based, room-based cooling), applications (retail, BFSI, healthcare, telecom and IT, others), sales channels, and geographic regions including North America, Europe, Asia-Pacific, Latin America, Middle East & Africa, and GCC countries.
Global Data Center Cooling Market Segments Analysis
The product segment is dominated by air conditioners, projected to grow significantly in regions like the U.S., Germany, China, and Japan. Containment systems with raised floor solutions show strong growth due to energy efficiency benefits. Rack-based cooling leads in structure segmentation, favored for precise and scalable cooling especially in high-density environments. Application-wise, the Telecom and IT sector leads due to rapid adoption of data-intensive technologies. Sales channels are primarily led by data center businesses owners who prefer scalable, energy-efficient cooling solutions.
Drivers of the Global Data Center Cooling Market
Key drivers include exponential growth in data generation, cloud service expansion, increasing adoption of AI and machine learning, stringent energy efficiency regulations, and sustainability initiatives aimed at reducing carbon footprints. The growth in hyperscale data centers and digital infrastructure projects globally further propel market expansion.
Restraints in the Global Data Center Cooling Market
Major restraints involve high capital and operational costs, technological complexities in deployment, maintenance challenges, and regional regulatory variations. Water scarcity in some regions and infrastructure limitations also pose challenges.
Market Trends of the Global Data Center Cooling Market
Notable trends encompass advancements in modular and scalable cooling solutions, integration of IoT and AI for predictive cooling management, growing preference for containment solutions to enhance energy efficiency, regional shifts towards eco-friendly and sustainable cooling technologies, and expanding collaborations between technology providers and data center owners.
Leading companies in the global data center cooling market focus on continuous innovation, strategic partnerships, sustainability, and delivering flexible, efficient, and cost-effective cooling solutions to meet diverse regional and application-specific requirements.
The market growth is driven by the rising demand for efficient cooling technologies due to increased data center energy consumption, growth in cloud computing, expansion of 5G networks, and adoption of AI and machine learning technologies. Key enablers include investments by major tech companies such as Amazon, Microsoft, and Google, government initiatives supporting digital infrastructure, and technological advancements in cooling systems like containment solutions, air conditioners, chillers, and air handling units. The Telecom and IT sector demonstrates dominance, driven by the need for robust data processing and storage capabilities. Leading players prioritize the development of energy-efficient and sustainable cooling solutions, addressing operational cost concerns and regulatory regulations aimed at reducing the carbon footprint.
Top-down and bottom-up research approaches were employed to estimate and validate market size, with triangulation from interviews, financial reports, and secondary data. The market segmentation covers product types (air conditioners, chillers, air handling units, others), containment systems, structure (rack-based, row-based, room-based cooling), applications (retail, BFSI, healthcare, telecom and IT, others), sales channels, and geographic regions including North America, Europe, Asia-Pacific, Latin America, Middle East & Africa, and GCC countries.
Global Data Center Cooling Market Segments Analysis
The product segment is dominated by air conditioners, projected to grow significantly in regions like the U.S., Germany, China, and Japan. Containment systems with raised floor solutions show strong growth due to energy efficiency benefits. Rack-based cooling leads in structure segmentation, favored for precise and scalable cooling especially in high-density environments. Application-wise, the Telecom and IT sector leads due to rapid adoption of data-intensive technologies. Sales channels are primarily led by data center businesses owners who prefer scalable, energy-efficient cooling solutions.
Drivers of the Global Data Center Cooling Market
Key drivers include exponential growth in data generation, cloud service expansion, increasing adoption of AI and machine learning, stringent energy efficiency regulations, and sustainability initiatives aimed at reducing carbon footprints. The growth in hyperscale data centers and digital infrastructure projects globally further propel market expansion.
Restraints in the Global Data Center Cooling Market
Major restraints involve high capital and operational costs, technological complexities in deployment, maintenance challenges, and regional regulatory variations. Water scarcity in some regions and infrastructure limitations also pose challenges.
Market Trends of the Global Data Center Cooling Market
Notable trends encompass advancements in modular and scalable cooling solutions, integration of IoT and AI for predictive cooling management, growing preference for containment solutions to enhance energy efficiency, regional shifts towards eco-friendly and sustainable cooling technologies, and expanding collaborations between technology providers and data center owners.
Leading companies in the global data center cooling market focus on continuous innovation, strategic partnerships, sustainability, and delivering flexible, efficient, and cost-effective cooling solutions to meet diverse regional and application-specific requirements.
Table of Contents
276 Pages
- 1. Introduction
- 1.1 Objectives of the Study
- 1.2 Scope of the Report
- 1.3 Definitions
- 2. Research Methodology
- 2.1 Information Procurement
- 2.2 Secondary & Primary Data Methods
- 2.3 Market Size Estimation
- 2.4 Market Assumptions & Limitations
- 3. Executive Summary
- 3.1 Supply & Demand Trend Analysis
- 3.2 Segmental Opportunity Analysis
- 4. Market Dynamics & Outlook
- 4.1 Market Overview
- 4.2 Market Size
- 4.3 Market Dynamics
- 4.3.1 Drivers & Opportunities
- 4.3.2 Restraints & Challenges
- 4.4 Porter’s Five Forces Analysis
- 4.4.1 Competitive Rivalry
- 4.4.2 Threat of Substitute Products
- 4.4.3 Bargaining Power of Buyers
- 4.4.4 Threat of New Entrants
- 4.4.5 Bargaining Power of Suppliers
- 5. Key Market Insights
- 5.1 Key Success Factors
- 5.2 Regulatory Analysis
- 5.3 Top Investment Pockets
- 5.4 Market Ecosystem
- 5.5 Pricing Analysis
- 5.6 Technology Analysis
- 5.7 Value Chain Analysis
- 6. U.S. Data Center Cooling Market Size by Distribution Channel & CAGR (2024-2031)
- 6.1 Online
- 6.2 Offline
- 6.2.1 Grocery Stores
- 6.2.2 Home Shopping
- 6.2.3 Others
- 7. U.S. Data Center Cooling Market Size by Zone & CAGR (2024-2031)
- 7.1 Northeast
- 7.1.1 New Jersey
- 7.1.2 New York
- 7.1.3 Pennsylvania
- 7.1.4 Other States
- 7.2 Midwest
- 7.2.1 Illinois
- 7.2.2 Indiana
- 7.2.3 Michigan
- 7.2.4 Ohio
- 7.2.5 Other States
- 7.3 West
- 7.3.1 Washington
- 7.3.2 Arizona
- 7.3.3 Colorado
- 7.3.4 Other States
- 7.4 South
- 7.4.1 Texas
- 7.4.2 Florida
- 7.4.3 Georgia
- 7.4.4 North Carolina
- 7.4.5 Other States
- 8. Competitive Intelligence
- 8.1 Top 5 Player Comparison
- 8.2 Market Positioning of Key Players, 2023
- 8.3 Strategies Adopted by Key Market Players
- 8.4 Recent Developments in the Market
- 8.5 Company Market Share Analysis, 2023
- 9. Company Profiles
- 9.1 Schneider Electric SE
- 9.1.1 Company Overview
- 9.1.2 Product Portfolio
- 9.1.3 Financial Overview
- 9.1.4 Recent Developments
- 9.2 International Business Machines Corp (IBM)
- 9.2.1 Company Overview
- 9.2.2 Product Portfolio
- 9.2.3 Financial Overview
- 9.2.4 Key Developments
- 9.3 Eaton Corporation Plc
- 9.3.1 Company Overview
- 9.3.2 Product Portfolio
- 9.3.3 Financial Overview
- 9.3.4 Key Developments
- 9.4 Hewlett Packard Enterprise Co
- 9.4.1 Company Overview
- 9.4.2 Product Portfolio
- 9.4.3 Financial Overview
- 9.4.4 Key Developments
- 9.5 Johnson Controls International Plc
- 9.5.1 Company Overview
- 9.5.2 Product Portfolio
- 9.5.3 Financial Overview
- 9.5.4 Key Developments
- 9.6 Delta Electronics Inc
- 9.6.1 Company Overview
- 9.6.2 Product Portfolio
- 9.7 Fujitsu Ltd
- 9.7.1 Company Overview
- 9.7.2 Product Portfolio
- 9.8 Rittal
- 9.8.1 Company Overview
- 9.8.2 Product Portfolio
- 9.9 Airedale International Air Conditioning Limited
- 9.9.1 Company Overview
- 9.9.2 Product Portfolio
- 9.10 Vertiv Holdings Co
- 9.10.1 Company Overview
- 9.10.2 Product Portfolio
- 9.11 Coolcentric
- 9.11.1 Company Overview
- 9.11.2 Product Portfolio
- 9.12 Blackbox Corporation
- 9.12.1 Company Overview
- 9.12.2 Product Portfolio
- 9.13 Asetek A/S
- 9.13.1 Company Overview
- 9.13.2 Product Portfolio
- 9.14 ClimateWorx International
- 9.14.1 Company Overview
- 9.14.2 Product Portfolio
- 9.15 Submer
- 9.15.1 Company Overview
- 9.15.2 Product Portfolio
- 10. Conclusions & Recommendations
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