Global Data Center Liquid Cooling market accrued earnings worth approximately 1.3 (USD Billion) in 2019 and is predicted to gain revenue of about 4 (USD Billion) by 2026, is set to record a CAGR of nearly 21.9% over the period from 2020 to 2026.
The global Data Center Liquid Cooling market accrued earnings worth approximately 1.3 (USD Billion) in 2019 and is predicted to gain revenue of about 4 (USD Billion) by 2026, is set to record a CAGR of nearly 21.9% over the period from 2020 to 2026. The report offers assessment and analysis of the Data Center Liquid Cooling market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).
Introduction
Extreme climate resulting in excess dissipation of heat is likely to impact the performance of the equipment in data centers along with resulting in downtime across the data centers. This has led to immense utility of data center liquid cooling systems globally. Apart from this, data centers need more power supply due to constant processing and operations and hence produce more of heat energy, thereby creating massive demand for data center liquid cooling systems. Reportedly, in large number of data centers, the systems are deployed in control room air handlers for maintaining coolness of air in the data center units. Apparently, liquid cooling enables reduction in power usage and thus enhances power efficiency of the data centers.
Market Growth Drivers
Data center liquid cooling industry growth is influenced by massive demand for power & cooling of equipment and machinery in the data centers. Apart from this, data center liquid cooling systems offer cooling with reduction in carbon footprints. Additionally, with lesser density than air, these systems offer excellent cooling & are good heat conductors. Nonetheless, their corrosive nature and risk of data breach can pose a threat towards the growth of the data center liquid cooling market in the foreseeable future.
Furthermore, onset of new technologies like AI, block chain, machine learning, and connected things is anticipated to create lucrative opportunities for the market over the assessment period. Acceptance of these systems helps in reducing operating costs by nearly one-fourth as compared to other conventional cooling systems, thereby driving the market trends. Strict enforcement of environmental laws and upgradation of energy infrastructure has paved the way for the expansion of global data center liquid cooling business across the globe in the recent years.
European Market To Record Noteworthy Growth Over Forecast Timeframe
The growth of the market in the continent over the estimated timeline is due to massive presence of data centers in the European countries. Apart from this, availability of strong power infrastructure facility will further bolster the growth of the business in Europe over the forecasting timeframe. Massive focus on constructing green data centers has become the key priority of the manufacturers, thereby further opening new vistas of growth for the business in the region. Environmental awareness and reduced operational costs will contribute immensely towards the regional market size over the forecast timeframe.
Key participants leveraging the industry and profiled in the report are Horizon Computing Solutions, Asetek, Schneider Electric SE, Rittal GmbH and Co. Kg., Midas Green Technologies LLC, Green Revolution Cooling Inc., IBM Corporation, Emerson Electric Co., Allied Control Ltd., and Green Data Center LLP.
The global data center liquid cooling market is segmented as follows:
By Solution Type
By Service Type
By Size
By Industry Vertical
By Region
Data center liquid cooling industry growth is influenced by massive demand for power & cooling of equipment and machinery in the data centers. Apart from this, data center liquid cooling systems offer cooling with reduction in carbon footprints. Additionally, with lesser density than air, these systems offer excellent cooling & are good heat conductors. Nonetheless, their corrosive nature and risk of data breach can pose a threat towards the growth of the data center liquid cooling market in the foreseeable future.
Furthermore, onset of new technologies like AI, block chain, machine learning, and connected things is anticipated to create lucrative opportunities for the market over the assessment period. Acceptance of these systems helps in reducing operating costs by nearly one-fourth as compared to other conventional cooling systems, thereby driving the market trends.
According to Zion market research report, the global Data Center Liquid Cooling market accrued earnings worth approximately 1.3 (USD Billion) in 2019 and is predicted to gain revenue of about 4 (USD Billion) by 2026, is set to record a CAGR of nearly 21.9% over the period from 2020 to 2026.
European region will contribute lucratively towards the global market value over the estimated timeline. The growth of the regional market during the forecast timespan can be attributed to massive presence of data centers in the European countries. Apart from this, availability of strong power infrastructure facility will further bolster the growth of the business in Europe over the forecasting timeframe. Massive focus on constructing green data centers has become the key priority of the manufacturers, thereby further opening new vistas of growth for the business in the region. Environmental awareness and reduced operational costs will contribute immensely towards the regional market size over the forecast timeframe.
The key market participants include Horizon Computing Solutions, Asetek, Schneider Electric SE, Rittal GmbH and Co. Kg., Midas Green Technologies LLC, Green Revolution Cooling Inc., IBM Corporation, Emerson Electric Co., Allied Control Ltd., and Green Data Center LLP.
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