Global Data Centre Liquid Cooling System Market Outlook
According to a new report by Expert Market Research titled “Global Data Centre Liquid Cooling System Market Size, Share, Analysis, Report, Demand, Forecast 2024-2032″, the global data centre liquid cooling system market is projected to grow at a CAGR of 22.3% between 2024 and 2032. Aided by the rapidly growing data centre sector and the escalating need for efficient cooling solutions, the market is expected to grow significantly by 2032.
Data centre liquid cooling systems are advanced cooling solutions designed to manage heat in data centres more efficiently than traditional air-cooled systems. These systems use liquid coolants to transfer heat away from critical data centre components, significantly reducing the cooling energy consumption and enhancing system performance. The liquid cooling approach is particularly effective in high-density configurations, where traditional cooling methods can be insufficient or cost-prohibitive.
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The primary driver of the data centre liquid cooling system market growth is the exponential growth of data traffic and the increasing deployment of high-performance computing systems. As data centres evolve to handle larger volumes of data and more powerful servers, efficient cooling solutions become vital to ensure operational continuity and prevent overheating.
Additionally, the growing emphasis on energy efficiency in data centre operations is propelling the adoption of liquid cooling systems. These systems offer a significant reduction in energy consumption compared to air cooling, aligning with the global trend towards sustainability and reduced carbon footprints in IT operations.
The increasing complexity of data centre infrastructure, driven by trends such as cloud computing and the Internet of Things (IoT), also demands more effective cooling solutions. Liquid cooling systems provide the necessary efficiency and scalability to meet these evolving requirements.
The data centre liquid cooling system market outlook is being influenced by technological advancements, including the development of direct-to-chip and immersion cooling technologies. Direct-to-chip cooling targets hotspots directly on the chips, while immersion cooling involves submerging the entire server infrastructure in non-conductive liquids. These advancements have enhanced the efficiency and effectiveness of cooling solutions, further driving market growth.
North America holds a substantial portion of the data centre liquid cooling system market share, mainly due to the presence of large-scale data centres and advanced IT infrastructure in the region. The United States leads in terms of market share, followed by Canada.
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Global Data Centre Liquid Cooling System Market Segmentation
The market can be divided based on type, data centre type, end use, and region.
Market Breakup by Type
- Indirect Cooling
- In-Row-Based
- In-Rack-Based
- Direct Cooling
- Single Phase
- Two Phase
Market Breakup by Data Centre Type
- Hyperscale Centres
- Enterprise Type
- Colocation Type Centres
- Others
Market Breakup by End Use
- IT and Telecom
- Banking, Financial Services, and Insurance (BFSI)
- Government and Public Sector
- Healthcare
- Manufacturing
- Retail
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global data centre liquid cooling system market. Some of the major players explored in the report by Expert Market Research are as follows:
- Asetek, Inc.
- Schneider Electric
- Submer Technologies SL.
- Green Revolution Cooling, Inc. (GRC)
- Munters Europe AB
- Aspen Systems Inc.
- Others
In the Report, Key Questions Answered Include:
What turned into the worldwide statistics centre liquid cooling device market’s value inside the yr 2023?
- In the year 2023, the global information centre liquid cooling gadget marketplace executed a substantial valuation of about USD 3.46 billion.
What is the trajectory of market expansion?
- The marketplace is poised for amazing enlargement, projecting a placing Compound Annual Growth Rate (CAGR) of 22.3% all through the period spanning from 2024 to 2032.
What is the prospective outlook for the marketplace within the forecast duration spanning from 2024 to 2032?
- The marketplace’s prospective outlook for the duration of the forecast length of 2024-2032 suggests strong growth, with an estimated valuation of nearly USD 25.61 billion through 2032.
What are the primary enterprise drivers fostering market growth?
- The market’s increase is underpinned by way of key drivers, extensively which includes the escalating adoption of cloud technology inside the Banking, Financial Services, and Insurance (BFSI) sectors, in conjunction with the surging fashion in the direction of virtual file preservation, which has substantially augmented the call for for data centre liquid cooling systems.
What are the salient enterprise tendencies shaping the worldwide statistics centre liquid cooling gadget marketplace?
- The salient developments steering the enterprise’s boom encompass the growing utilization of excessive-overall performance computer systems (HPC), using the demand for statistics centre liquid cooling systems to achieve advanced overclocking capacity through more desirable warmth control.
What are the primary nearby markets delineated within the EMR file for records centre liquid cooling structures?
- The primary nearby markets highlighted in the EMR file encompass North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
What are the distinct varieties of data centre liquid cooling systems featured in the marketplace?
- Distinct forms of statistics centre liquid cooling structures encompass oblique cooling and direct cooling.
What are the various facts centre kinds that employ liquid cooling structures?
- Various records centre sorts incorporating liquid cooling systems incorporate hyperscale centres, agency-kind facilities, and colocation-type centres, among others.
What are the substantial end makes use of attributed to information centre liquid cooling systems?
- Significant stop makes use of of data centre liquid cooling structures encompass IT and telecom, Banking, Financial Services, and Insurance (BFSI), government and public zone entities, healthcare facilities, production institutions, and retail organisations, among others.
Who are the key enterprise players, as delineated within the document?
- Key industry players featured in the report include Asetek, Inc., Schneider Electric, Submer Technologies SL., Green Revolution Cooling, Inc. (GRC), Munters Europe AB, Aspen Systems Inc., alongside numerous different noteworthy entities.
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