Global Data Center Liquid Cooling Market to reach USD 8339.7 million by 2025. Global Data Center Liquid Cooling Market valued approximately USD 8339.7 million in 2016 is anticipated to grow with a healthy growth rate of more than 29.17% over the forecast period 2018-2025. Growing demand for sustainable cooling systems, advanced cooling technology and rising need for reasonable cooling solutions are the major factors which are driving the growth of the Global Data Center Liquid Cooling Market.
However, any leakage in the liquid cooling system in the data center can be destructive for the systems & entire organization and this hinders the growth of the data center liquid cooling market. A Datacenter is basically a building comprising servers that stores information in form of data. This information is analyzed to be used for a specific purpose, and it may solve important problems. Because of its importance, the data is maintained on the servers in data centers.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
The data collection on servers are growing, hence the temperature of servers is rising as well and higher temperature can affect components and that will result in breakdown. That’s why liquid cooling solutions are used to cool down the heat produced at the data centers. Since, the liquid has much higher heat absorption rate compared to air, so it can provide the same cooling with lower volume, liquid can be used in cooling high power density components directly and that reduces the need to cool down the data center, thus reduces overall cooling capacity required, besides this, the liquid cooling solutions need stacked racks and reduced spaces in the organization, which reduces the amount of floor space and these features drive the need for data center liquid cooling market.
The regional analysis of Global Data Center Liquid Cooling Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Liquid Cooling Solution:
> Indirect Liquid Cooling
> Direct Liquid Cooling
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By Service:
> Design and Consulting
> Installation and Deployment
> Support and Maintenance
By Data Center:
> Small and Medium- Size Data Center
> Enterprise Data Centers
> Large Data Centers
By Industry:
> Banking, Financial Services, and Insurance
> IT and Telecom
> Government and Defense
> Healthcare
> Research and Academic
> Retail
> Energy
> Manufacturing
> Others
By Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World
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