The data center liquid cooling global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Data Center Liquid Cooling Market, 2024 report by The Business Research Company
offers comprehensive insights into the current state of the market and
highlights future growth opportunities.
Market Size -
The data center liquid cooling market size has grown exponentially in recent
years. It will grow from $3.41 billion in 2023 to $4.24 billion in 2024 at a
compound annual growth rate (CAGR) of 24.5%.
The growth in the historic period
can be attributed to increased data collection, growth of data center, energy
efficiency demands, cloud computing growth, expansion of hyperscale data centers.
The data center liquid cooling market size is expected to see exponential
growth in the next few years. It will grow to $10.61 billion in 2028 at a
compound annual growth rate (CAGR) of 25.8%.
The growth in the forecast period can be attributed to growing need for
data storage, edge computing and micro data centers, environmental
sustainability, data security and privacy concerns, and regulatory compliance.
Major trends in the forecast period include edge computing and micro data
centers, ai and machine learning workloads, 5g network expansion, technological
innovations, innovative solutions, and strategic partnerships.
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Scope Of Data Center Liquid Cooling Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Data Center Liquid Cooling Market Overview
Market Drivers -
The increasing number of data centers and server density is expected to propel
the growth of the data center liquid cooling market going forward. Data centers
have become an integral part of business operations in enterprises due to their
number of advantages in supporting the business in various aspects such as
computation, data storage, network, business applications, and other functions
for the smooth functioning of business operations. Due to these advantages,
there is an increase in the number of data centers and server density,
ultimately raising the demand for liquid cooling systems. For instance, in
September 2021, according to an article published by phoenixNAP, a US-based
company offering progressive Infrastructure-as-a-Service solutions,
technologies such as cloud services, virtualization and containerization,
artificial intelligence (AI), machine learning (ML), Internet of Things (IoT),
blockchains, and edge computing require high processing power and high-density
racks exceeding the traditional 2 to 5kW average. With this increased demand
for compute-intensive workloads, the average server density in enterprises and
on-premises data centers has increased from 7.3 kW per rack in 2019 to 8.4 kW
per rack in 2021. Therefore, the increasing number of data centers and server
density are driving the growth of the data center liquid cooling market.
The data center liquid cooling market covered in this report is segmented –
1) By Type: Single Phase Cooling, Two Phase Cooling
2) By Component: Solutions, Services
3) By Data Center Type: Hyperscale Centers, Enterprise type, Colocation Data
Centers, Other Data Center Types
4) By Industry Type: Telecom and IT, BFSI, Research, Energy, Government and
Academia, Healthcare, Other Industry Types
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Regional Insights -
North America was the largest region in the data center liquid cooling market
in 2023. Asia-Pacific is expected to be the fastest-growing region in the
forecast period. The regions covered in the data center liquid cooling market
report include Asia-Pacific, Western Europe, Eastern Europe, North America,
South America, Middle East and Africa.
Key Companies -
Major companies operating in the data center liquid cooling market include Asetek Inc., Rittal GmbH & Co. KG,
Fujitsu Limited, Vertiv Group Corp, Green Revolution Cooling Inc, Submer
Technologies SL, Midas Green Technologies LLC, Schneider Electric SE, Alfa
Laval AB, Chilldyne Inc, Iceotope Technologies Limited, CoolIT Systems Inc, 3M
Company, Aspen Systems Inc, Mitsubishi Group, IBM Corporation, ExaScaler Inc,
Stulz GmbH, Ebullient Inc, Aquila Group Holdings Limited, LiquidStack Inc,
KyotoCooling BV, Asperitas B.V., Airedale International Air Conditioning Ltd,
Motivair Corporation, Munters Group AB, Aegis Data Ltd, DownUnder GeoSolutions
(DUG) Pty Ltd, Delta Electronics Inc.
Table of Contents
1. Executive Summary
2. Data Center Liquid Cooling Market Report Structure
3. Data Center Liquid Cooling Market Trends And Strategies
4. Data Center Liquid Cooling Market – Macro Economic Scenario
5. Data Center Liquid Cooling Market Size And Growth
…..
27. Data Center Liquid Cooling Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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