Datacenter Liquid Cooling Market

By Datacenter Type (Hyperscale Centers, Enterprise, Colocation Data Centers, Others),
By Solution (Indirect Cooling [In-Row Based, In-Rack Based], Direct Cooling [Single-Phase {Direct-Chip Single-Phase Cooling System, Single-Phase Immersion Cooling System}, Two-Phase {Direct-Chip two-phase Cooling System, Two-Phase Immersion Cooling System}]),
By End Use (IT and Telecom, Banking, Financial Services, and Insurance (BFSI), Government or Public Sector, Healthcare, Manufacturing, Retail, Others),
By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa):

Datacenter Liquid Cooling Market - Global Analysis and Forecast 2022-2032.

Domain:
Semiconductor and Electronics
Report Code:
SE21955
Published Date:
December 2022

The global datacenter liquid cooling market is to be worth more than USD 10.3 billion by 2032

A data center is a building or part of a building that houses computers and networking devices that support a company's and organization's business units and IT infrastructure. With the increased accumulation and generation of data, almost every industry and organization relies on data centers to store and access information or data related to business operations. This information is critical to daily operations and a valuable resource for strategy development. However, to operate, these data centers require a continuous power supply, and because of the high power requirements, data centers are also associated with carbon emissions. According to the International Energy Agency (IEA), data centers and networks consumed nearly 250 TWh in 2019, accounting for nearly 1% of total global electricity consumption. This energy is primarily derived from nonrenewable sources, which contribute significantly to greenhouse gas emissions and global warming. Traditional cooling practices account for nearly 45% of total data center power consumption; however, with efficient cooling systems and replacing existing HFC or HCFC cooling systems with greener options such as immersion cooling, data centers can reduce energy consumption also reduce their carbon footprint. To meet the growing demand for data centers while maintaining low power consumption and power usage effectiveness (PUE), many data centers have begun to employ liquid cooling techniques, which provide efficient cooling, particularly when compared to legacy systems such as air cooling. It also enables data centers to cut operating costs and reduce their environmental impact. Cooling is an essential part of data center operations because servers and networking devices run continuously 24 hours a day, seven days a week, raising core temperatures that, if not controlled, can lead to data center outages. Any type of outage in data centers can result in the complete shutdown of data center-related activities. Liquid-based cooling solutions have greater heat removal capabilities and can reduce power consumption in a data center by more than 50%.

Cooling is a critical component of data center operations. Traditional cooling and power systems can consume up to 45% of the total electricity in a data center. As a result, rising electricity prices and an increasing number of servers pose a significant challenge to the data center industry. According to the IEA, the demand for data centers may increase by 60% due to an increase in Internet traffic and data processing and computational needs due to online streaming services, as well as an increase in industry 4.0 applications, AI, and cryptocurrency mining. As a result, the increasing number of data center facilities will significantly impact power consumption. As a result, data center operators are attempting to implement efficient cooling systems that not only reduce cooling system power consumption but are also environmentally friendly. Immersion cooling technology, which uses specialized liquids for cooling, is one such cooling technique. Servers and computer components are immersed in these specialized liquids during immersion cooling. Unlike refrigerant systems, this is more efficient than older systems and produces no carbon emissions. 3M, Shell, Solvay, and Dow are among the leading manufacturers of immersion cooking liquids and pioneers in the field. Aside from immersion cooling, many data center operators use natural surroundings as a cooling component, particularly in the Nordic region and Iceland.

The data center cooling liquid market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In line with the analyzed region, the North American region will witness the highest market share, followed by Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In 2021, North America accounted for the highest proportion of the global market for datacenter liquid cooling, backed by the major number of industry players operating in the region and the high demand for internet connectivity and data usage.

Quick adoption of new technologies and increasing demand for datacenter liquid to improve cooling efficiencies of data centers are one of the major driving factors supporting the market. The major players operating the market are Aquila Group, Asetek, Inc., Aspen Systems Inc., Asperitas, Chilldyne, Inc., Cooler Master Co., Ltd., CoolIt Systems, DCX The Liquid Cooling Company, ExaScaler Inc., Fujitsu.

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Contact:
Dhvanil Dave
Quadrant Market Insights
+1-909-488-5693
query@quadrantmarketinsights.com