Data Center Liquid Cooling Market Share, Size, Trends, Industry Analysis Report, By Component (Solution, Services); By Data Center Type; By End-Use; By Region; Segment Forecast, 2022 - 2030
- Published Date:Aug-2022
- Pages: 115
- Format: PDF
- Report ID: PM2545
- Base Year: 2021
- Historical Data: 2018-2020
Report Outlook
The global data center liquid cooling market was valued at USD 1.81 billion in 2021 and is expected to grow at a CAGR of 24.0% during the forecast period. Data center liquid cooling is a technology that reduces and avoids heating for better enhancements and overheating. This liquid cooling ensures proper ventilation and cooling is provided to all the equipment and devices within the range.
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There has been an increase in the usage of such information houses for performance enhancements. These information houses require additional processors to increase their density, which further increases the chilling of such devices.
In addition, servers deployed in high density reduce net power available for storage, IT computers, and networking systems, which results in reduced overall performance and financial risk to businesses. Hence, advanced liquid cooling systems are deployed to provide required air distribution to dense racks to maintain the temperature within permissible limits and avoid the abovementioned challenges. This helps in the efficient working of the information houses and is expected to fuel the growth of the market.
The COVID-19 pandemic had an overall impact on the global market and its opportunities. The liquid chilling industry will stringently follow data center regulations for gathering personal data and packets. Software regulatory framework associated with cloud environment is applied to DCIM.
The exploitation of internet traffic is regulated through secure firewalls and other third-party security applications. In this pandemic, regulatory frameworks associated with liquid chilling should be followed as compared to previous years, owing to a surge in demand for secure workload distribution across various market end users.
Furthermore, energy efficiency guidelines & best practices for information houses recommended across different countries should be followed by companies. For instance, in India, the Bureau of Energy Efficiency (BEE) takes initiatives to adopt best operating practices leading to greater energy efficiency for data centers.
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Industry Dynamics
Growth Drivers
The data center liquid cooling market is expected to experience substantial growth owing to increased growth in power density and data centers. The liquid used in the technology is water. Portable liquid refrigeration is increasingly being used in information houses in areas with mild temperatures.
These are more economical than permanent liquid cooling systems. Furthermore, liquid-based chilling is cost-effective and can absorb heat efficiently from the heat sink. Thus, these benefits of liquid-based solutions are expected to offer lucrative opportunities for the global market in the upcoming years.
Modules of the liquid cooling present and data centers provide operators with an optimal approach. Modular data centers are present in various forms such as enclosure, ISO container, and skid-mounted and are deployed according to the business requirements of enterprises. The speed of deployment, space constraints, capacity, and scalability of refrigeration in the modular form are expected to propel the growth of the market.
Report Segmentation
The market is primarily segmented based on component, data center type, end-use, and region.
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By Component |
By Data Center Type |
By End-Use |
By Region |
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Services segment is expected to be the fastest growing segment during the forecast period
By component, the market is segmented into solutions and services. The demand for the services segment is expected to be the fastest growing during the forecast period. Implementation of services ensures the effective functioning of solutions with transparency and control throughout a process.
Data center cooling services include professional and managed services. Professional services include installation and deployment, support and maintenance, and consulting services. Implementation services ensure comprehensive scheduling, installation, and configuration of solutions and have the solution package's components and a custom program designed to meet specific needs. Support and maintenance services include tracking and managing concerns efficiently with personalized assistance and optimized performance development.
With the rise in IoT devices, there is a rapid increase in the number of data centers across the globe. Therefore, data centers deploy chilling solutions to increase efficiency and reduce overall costs. Furthermore, data centers are required to be maintained by trained professionals to keep efficiency intact. This result in increasing the growth of the data center liquid cooling market.
Enterprise data center is expected to dominate the market
By data center type, the market is segmented into wholesale, enterprise, hyper-scale, colocation, and others. Among these, the enterprise segment is expected to have the highest market share during the forecast period. This is owing to the emergence of technologies such as big data analytics and cloud computing; there is a rapid increase in the number of information houses.
These information houses require a cool environment to work efficiently, owing to excessive heat generated from processors resulting in system failure or data loss. Hence, the various sizes of these houses are increasingly adopting refrigeration systems to ensure efficiency.
Further, a number of enterprises, including both large and small and medium-sized enterprises, design, build and operate their facilities. Capabilities of in-house facilities depend on investments that a firm is willing and able to make.
Data has become a crucial part of businesses, so data storage, security, and availability issues have become a more significant challenge for companies. Moreover, companies need highly efficient information storing houses with proper cooling facilities to fulfill these requirements. This can provide better data availability and adequate business running without any hassle.
IT & Telecom end-use is expected to dominate the market
By end-use, the data center liquid cooling market is segmented into IT & telecom, retail, healthcare, BFSI, media & entertainment, and others. Among these, IT & telecom is expected to have the highest revenue share during the forecast period.
The IT & telecom industry includes enterprises providing IT and IT-enabled services, satellite companies, cable companies, telephone (wired and wireless) operators, and Internet service providers (ISPs).
Demand for efficient chilling solutions in the telecom and IT sector has increased with a rise in operating costs and stringent security regulations related to environmental safety imposed by various governments. Therefore, advanced cooling systems are deployed for both indoor & outdoor shelters, electronic enclosures, and telecom cabinets.
Asia Pacific region is expected to be the fastest growing region during the forecast period
The Asia Pacific has great potential for market growth. Developing countries such as India and China drive the demand for cooling systems in the region. Further, an increase in awareness regarding internet use is also expected to drive sales of cooling products. The Internet is a big data generator, leading to data storage requirements and demand for liquid cooling solutions.
Moreover, the rise in demand for cloud storage and data storage space is the key factor driving the growth of the data center liquid cooling market. Furthermore, big data across various industries is also an effective driver for this industry.
Competitive Insight
Some of the major players operating in the global market include Alfa Laval AB, Asetek, Asperitas, Chilldyne, CoolIT Systems, DCX, DUG Technology, Fujitsu, Green Revolution Cooling Inc., Iceotope Technologies Limited, LiquidCool Solutions, Inc., Midas Green Technologies, Rittal, Schneider Electric, and Vertiv Holdings Co.
Recent Developments
In May 2020, Schneider Electric, announced partnership with EcoDataCenter for design and development of ultra-low-carbon footprint data center in Sweden.
In May 2020, AGC Networks, announced that it is planning to acquire Fujisoft through its subsidiary, Black Box Holdings Limited. This would enrich the current solution portfolio of AGC and Black Box across cloud computing & virtualization, and other solutions.
Data Center Liquid Cooling Market Report Scope
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Report Attributes |
Details |
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Market size value in 2021 |
USD 1.81 billion |
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Revenue forecast in 2030 |
USD 11.33 billion |
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CAGR |
24.0% from 2022 - 2030 |
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Base year |
2021 |
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Historical data |
2018 - 2020 |
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Forecast period |
2022 - 2030 |
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Quantitative units |
Revenue in USD billion and CAGR from 2022 to 2030 |
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Segments covered |
By Component, By Data Center Type, By End-Use, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Key companies |
Alfa Laval AB, Asetek, Asperitas, Chilldyne, CoolIT Systems, DCX, DUG Technology, Fujitsu, Green Revolution Cooling Inc., Iceotope Technologies Limited, LiquidCool Solutions, Inc., Midas Green Technologies, Rittal, Schneider Electric, and Vertiv Holdings Co. |
