According to Stratistics MRC, the Global Data Center Liquid Cooling Market is accounted for $1.60 billion in 2020 and is expected to reach $6.42 billion by 2028 growing at a CAGR of 19.0% during the forecast period. Gradual shift towards submerged data centers, rising need for energy-efficient cooling solutions, and enhancement and up gradation in existing legacy infrastructure are the major factors propelling the market growth. However, lack of standardization, susceptibility to leakage, and high capital expenditure and maintenance are hampering the market growth.
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By geography, North America is going to have a lucrative growth during the forecast period due to the growing technology adoption among enterprises for reducing data center energy consumption and the presence of a large number of data center liquid cooling vendors in the region. In the United States, the demand and rate of adoption for cloud-based computing are rapidly increasing, owing to which, data centers are ascending in the country, thereby, propelling the utilization of data center liquid cooling. Liquid cooling is now highly preferred over conventional air cooling, due to its greater efficiency and higher economic violability. The United States is home to many tech giants, such as Facebook and Apple, wherein, the volume of Big Data is tremendously increasing; moreover, companies are laying new strategies to ascend a number of data centers.
Some of the key players profiled in the Data Center Liquid Cooling Market include Alfa Laval AB, Allied Control, Aquila, Aspen Systems, Asperitas, Chilldyne, Cooler Master, Coolit Systems, DCX the Liquid Cooling Company, Ebullient, Inc, Exascaler, Fujitsu, Green Revolution Cooling, Iceotope Technologies Limited, Liqit.Io,Midas Green Technologies, Mitsubishi Electric Corporation, Rittal, Schneider Electric, Silverback Migration Solutions, Inc, Submer Technologies, The 3M Company, and Vertiv.
Product Types Covered:
• Device-Mounted Liquid Cooling
• Door Units
• Liquid Cooling/Heat Exchangers for Hot Spots
• Oil and Minerals Based
• Water Based
• Modular Liquid Cooling Units
Data Center Types Covered:
• Large Data Centers
• Small and Mid-Sized Data Centers
Components Covered:
• Services
• Solutions
End Users Covered:
• Cloud Providers
• Colocation Providers
• Enterprises
• Hyperscale Data Centers
• Telecom Service Providers
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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