Data Center Liquid Cooling Market Size, Share, Analysis 2031
Data Center Liquid Cooling Market Size, Share, Analysis 2031
Segments - Data Center Liquid Cooling Market by Types (Direct Liquid Cooling, Indirect Liquid Cooling, Cold Plates, Rack Liquid Cooling, and Others), Types of Data Center (Wholesale Data Center, Enterprise Data Canter, Hyperscale Data Center, Colocation Data Center, and Others), Components (Services and Solutions), End-users (IT & Telecommunication, BFSI, Media & Entertainment, Retail, Government & Defense, Healthcare, Energy, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023– 2031
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| Report ID :EP-4408
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| 166 Pages
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Report Description
Data Center Liquid Cooling Market Outlook 2031
The global data center liquid cooling market size was valued at around USD 2.50 Billion in 2022 and is anticipated to reach USD 18.63 Billion by 2031, expanding at a CAGR of 25% during the forecast period, 2023–2031. The growth of the market is attributed to the increasing energy consumption in data center facilities.
Data center refers to a dedicated space, which houses computer systems and their associated components such as switches, routers, storage systems, firewalls, servers, and application delivery controllers. Data centers aid business operations by performing tasks such as transferring data, performing search queries, and other computing services.
Data centers perform such tasks continuously to improve the user experience for several users at any given time. Such tasks generate considerable power and heat. For data centers, where several rows and aisles are stacked with computing machines, overheating proves to be a significant problem.
Keeping the temperature inside data centers under control is necessary for data centers to function seamlessly. Cooling systems in data centers regulate the flow of heat and achieve cooling to maximum efficiency. A liquid cooling system refers to a processor inside a computing machine, which circulates a liquid through a heatsink that is attached to the processor of the computing machine.
When the liquid passes through the heatsink, heat from the heated processor gets transferred to the cool liquid. The liquid, then, moves out of the heatsink, and the heat from the liquid is transferred to the ambient air outside the processor. The cool liquid moves back through the processor to repeat the cooling process.
Noise-free operations, good overclocking potential, cooling-specific mechanisms, and less clutter are some of the benefits that liquid cooling solutions provide to data centers.
Data Center Liquid Cooling Market Trends, Drivers, Restraints, and Opportunities
- Rising demand for compact and energy-efficient cooling solutions across the globe is expected to drive the market during the forecast period.
- Increasing number of data centers and server density boost the market.
- Growing adoption of Artificial Intelligence (AI), Machine Learning (ML), and big data is estimated to spur the market in the coming years.
- Increasing number of data-oriented companies such as Meta Platforms, Inc.; Amazon.com, Inc.; Google LLC; and others globally drive the market.
- High capital investment and maintenance expenditure are anticipated to restrain the growth of the market in the coming years.
- Lack of standardization in data center liquid cooling solutions hampers the growth of the market.
- Growing adoption of immersion liquid cooling solutions offer growth opportunities to the market players.
Scope of Data Center Liquid Cooling Market Report
The report on the global data center liquid cooling market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Data Center Liquid Cooling Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Types (Direct Liquid Cooling, Indirect Liquid Cooling, Cold Plates, Rack Liquid Cooling, and Others), Types of Data Center (Wholesale Data Center, Enterprise Data Canter, Hyperscale Data Center, Colocation Data Center, and Others), Components (Services and Solutions), and End-users (IT & Telecommunication, BFSI, Media & Entertainment, Retail, Government & Defense, Healthcare, Energy, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Hitachi, Ltd.; Midas Immersion; International Business Machines Corporation; Mitsubishi Electric Corporation; Asetek, Inc.; Airedale International Air Conditioning, Ltd.; Schneider Electric SE; Nortek Air Solutions, LLC; Rittal GmbH & Co. KG; Submer; Alfa Laval AB; Iceotope Technologies Limited; LiquidCool Solutions; Chilldyne, Inc.; CoolIT Systems; Asperitas; Stulz GmbH; and Others |
Data Center Liquid Cooling Market Segment Insights
Type Segment Analysis
On the basis of types, the market is divided into direct liquid cooling, indirect liquid cooling, cold plates, rack liquid cooling, and others.
The cold plates segment registered 33% of the market share in 2021, and it is expected to drive the market during the forecast period, due to benefits such as improving data center performance, maximizing space usage of the data center, and improving the energy efficiency of data centers. Growing adoption of liquid cooling solutions across the globe aids in the expansion of the segment.
Data Center Segment Analysis
In terms of types of data center, the market is segregated into wholesale data center, enterprise data canter, hyperscale data center, colocation data center, and others. The hyperscale data center segment is projected to hold a significant market share during the forecast period, as an increasing number of large companies depend on the hyperscale data centers for storage and distribution of data.
Hyperscale data centers facilitate meeting the high demand for liquid cooling solutions, computational power, and data storage requirements. This factor aids in the expansion of the segment in the coming years.
Components Segment Analysis
Based on components, the market is bifurcated into services and solutions. The solutions segment is estimated to hold a key market share during the forecast period, due to the increasing number of energy-efficient liquid cooling solutions.
The growing number of data centers aid in the expansion of the segment by increasing the demand for efficient cooling solutions. The services segment is anticipated to expand during the forecast period, owing to the rising number of service providers for data center liquid cooling that install, deploy, support, maintain, and consult regarding cooling solutions.
End-users Segment Analysis
In terms of end-users, the market is divided into IT & telecommunication, BFSI, media & entertainment, retail, government & defense, healthcare, energy, and others. The IT & telecommunication segment is estimated to hold a significant market share during the forecast period, due to the increasing adoption of advanced and innovative technologies such as towers and blade servers by the IT and telecommunication industry.
Other technological developments in the IT & telecommunication industry such as Augmented Reality (AR)AR, Virtual Reality (VR), Internet of Things (IoT), AI, ML, and 5G networks aid in the expansion of the segment.
Regional Outlook
On the basis of regions, the market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America held 35% of the global revenue share in 2021, and it is expected to expand at a significant CAGR during the forecast period.
The presence of major cloud service providers such as Microsoft Corporation, Google LLC, and Meta Platforms, Inc. in the region, who are constantly developing data center with high quality servers, racks, and other equipment, aid the expansion of the market in North America.
The market in Asia Pacific is anticipated to expand in the coming years, as several countries in the region such as India, Japan, Singapore, Japan, and Australia are increasingly investing in data center development and management. Rising social media, gaming, and entertainment industries increase to high demand for cloud applications, which leads to the expansion of the market in the region.
Segments
The global data center liquid cooling market has been segmented on the basis ofTypes
- Direct Liquid Cooling
- Indirect Liquid Cooling
- Cold Plates
- Rack Liquid Cooling
- Others
Types of Data Center
- Wholesale Data Center
- Enterprise Data Canter
- Hyperscale Data Center
- Colocation Data Center
- Others
Components
- Services
- Solutions
End-users
- IT & Telecommunication
- BFSI
- Media & Entertainment
- Retail
- Government & Defense
- Healthcare
- Energy
- Others
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Hitachi, Ltd.
- International Business Machines Corporation
- Mitsubishi Electric Corporation
- Asetek, Inc.
- Midas Immersion
- Airedale International Air Conditioning, Ltd.
- Schneider Electric SE
- Nortek Air Solutions, LLC
- Rittal GmbH & Co. KG
- Submer
- Alfa Laval AB
- Iceotope Technologies Limited
- LiquidCool Solutions
- Chilldyne, Inc.
- CoolIT Systems
- Asperitas
- Stulz GmbH
- Others
Competitive Landscape
The global data center liquid cooling market is highly competitive with the presence of key players such as Hitachi, Ltd.; Midas Immersion; International Business Machines Corporation; Mitsubishi Electric Corporation; Asetek, Inc.; Airedale International Air Conditioning, Ltd.; Schneider Electric SE; Nortek Air Solutions, LLC; Rittal GmbH & Co. KG; Submer; Alfa Laval AB; Iceotope Technologies Limited; LiquidCool Solutions; Chilldyne, Inc.; CoolIT Systems; Asperitas; Stulz GmbH; and others.
These key players use business strategies such as collaborations, mergers, acquisitions, partnerships, and product launches to dominate the market. For example,
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In June 2021, Iceotope Technologies Limited launched a liquid-cooled modular data center, which facilitates high-performance computing edge applications to be reliably employed in remote or harsh environments.
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In August 2021, Submer collaborated with Intel to place and standardize the adoption of liquid cooling solutions for all servers and platforms of Intel.
Frequently Asked Questions
The market is estimated to register CAGR of around 25% during the forecast period.
When the cooling liquid passes through the heatsink, heat from the heated processor gets transferred to the cool liquid. The liquid, then, moves out of the heatsink, and the heat from the liquid is transferred to the ambient air outside the processor. The cool liquid moves back through the processor to repeat the cooling process.
The global data center liquid cooling market size was valued at around USD 2 billion in 2021 and is anticipated to reach around USD 30 billion by 2030.
Data center refers to a dedicated space, which houses computer systems and their associated components such as switches, routers, storage systems, firewalls, servers, and application-delivery controllers.
Liquid cooling system refers to a processor inside a computing machine, which circulates a liquid through heatsink that is attached to the processor of the computing machine.
North America dominates the global data center liquid cooling market.
as Hitachi, Ltd.; Midas Immersion; International Business Machines Corporation; Mitsubishi Electric Corporation; and Asetek, Inc. are some of the key players in the global data center liquid cooling market.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Data Center Liquid Cooling Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Data Center Liquid Cooling Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Data Center Liquid Cooling Market - Supply Chain
4.5. Global Data Center Liquid Cooling Market Forecast
4.5.1. Data Center Liquid Cooling Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Data Center Liquid Cooling Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Data Center Liquid Cooling Market Absolute $ Opportunity
5. Global Data Center Liquid Cooling Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Data Center Liquid Cooling Market Size and Volume Forecast by Types
5.3.1. Direct Liquid Cooling
5.3.2. Indirect Liquid Cooling
5.3.3. Cold Plates
5.3.4. Rack Liquid Cooling
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Data Center Liquid Cooling Market Analysis and Forecast by End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Data Center Liquid Cooling Market Size and Volume Forecast by End Users
6.3.1. IT & Telecommunication
6.3.2. BFSI
6.3.3. Media & Entertainment
6.3.4. Retail
6.3.5. Government & Defense
6.3.6. Healthcare
6.3.7. Energy
6.3.8. Others
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Data Center Liquid Cooling Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Data Center Liquid Cooling Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Data Center Liquid Cooling Demand Share Forecast, 2019-2026
8. North America Data Center Liquid Cooling Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Data Center Liquid Cooling Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Data Center Liquid Cooling Market Size and Volume Forecast by Types
8.4.1. Direct Liquid Cooling
8.4.2. Indirect Liquid Cooling
8.4.3. Cold Plates
8.4.4. Rack Liquid Cooling
8.4.5. Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Data Center Liquid Cooling Market Size and Volume Forecast by End Users
8.7.1. IT & Telecommunication
8.7.2. BFSI
8.7.3. Media & Entertainment
8.7.4. Retail
8.7.5. Government & Defense
8.7.6. Healthcare
8.7.7. Energy
8.7.8. Others
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Data Center Liquid Cooling Demand Share Forecast, 2019-2026
9. Latin America Data Center Liquid Cooling Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Data Center Liquid Cooling Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Data Center Liquid Cooling Market Size and Volume Forecast by Types
9.4.1. Direct Liquid Cooling
9.4.2. Indirect Liquid Cooling
9.4.3. Cold Plates
9.4.4. Rack Liquid Cooling
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Data Center Liquid Cooling Market Size and Volume Forecast by End Users
9.7.1. IT & Telecommunication
9.7.2. BFSI
9.7.3. Media & Entertainment
9.7.4. Retail
9.7.5. Government & Defense
9.7.6. Healthcare
9.7.7. Energy
9.7.8. Others
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Data Center Liquid Cooling Demand Share Forecast, 2019-2026
10. Europe Data Center Liquid Cooling Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Data Center Liquid Cooling Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Data Center Liquid Cooling Market Size and Volume Forecast by Types
10.4.1. Direct Liquid Cooling
10.4.2. Indirect Liquid Cooling
10.4.3. Cold Plates
10.4.4. Rack Liquid Cooling
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Data Center Liquid Cooling Market Size and Volume Forecast by End Users
10.7.1. IT & Telecommunication
10.7.2. BFSI
10.7.3. Media & Entertainment
10.7.4. Retail
10.7.5. Government & Defense
10.7.6. Healthcare
10.7.7. Energy
10.7.8. Others
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Data Center Liquid Cooling Demand Share Forecast, 2019-2026
11. Asia Pacific Data Center Liquid Cooling Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Data Center Liquid Cooling Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Data Center Liquid Cooling Market Size and Volume Forecast by Types
11.4.1. Direct Liquid Cooling
11.4.2. Indirect Liquid Cooling
11.4.3. Cold Plates
11.4.4. Rack Liquid Cooling
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Data Center Liquid Cooling Market Size and Volume Forecast by End Users
11.7.1. IT & Telecommunication
11.7.2. BFSI
11.7.3. Media & Entertainment
11.7.4. Retail
11.7.5. Government & Defense
11.7.6. Healthcare
11.7.7. Energy
11.7.8. Others
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Data Center Liquid Cooling Demand Share Forecast, 2019-2026
12. Middle East & Africa Data Center Liquid Cooling Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Data Center Liquid Cooling Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Data Center Liquid Cooling Market Size and Volume Forecast by Types
12.4.1. Direct Liquid Cooling
12.4.2. Indirect Liquid Cooling
12.4.3. Cold Plates
12.4.4. Rack Liquid Cooling
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Data Center Liquid Cooling Market Size and Volume Forecast by End Users
12.7.1. IT & Telecommunication
12.7.2. BFSI
12.7.3. Media & Entertainment
12.7.4. Retail
12.7.5. Government & Defense
12.7.6. Healthcare
12.7.7. Energy
12.7.8. Others
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Data Center Liquid Cooling Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Data Center Liquid Cooling Market: Market Share Analysis
13.2. Data Center Liquid Cooling Distributors and Customers
13.3. Data Center Liquid Cooling Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Hitachi, Ltd.
13.4.2. Midas Immersion
13.4.3. International Business Machines Corporation
13.4.4. Mitsubishi Electric Corporation
13.4.5. Asetek, Inc.
13.4.6. Airedale International Air Conditioning, Ltd.
13.4.7. Schneider Electric SE
13.4.8. Nortek Air Solutions, LLC
13.4.9. Rittal GmbH & Co. KG
13.4.10. Submer
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