Data Center Liquid Cooling Market Size, Share, Industry Trends and Forecast to 2030

Data Center Liquid Cooling Market Size & CAGR in 2021

The global data center liquid cooling market is expected to witness a remarkable growth rate in 2021 with a Compound Annual Growth Rate (CAGR) of around 15%. This growth is fueled by the increasing demand for efficient cooling solutions in data centers to maintain optimal performance and reduce energy consumption.

COVID-19 Impact on the Data Center Liquid Cooling Market

The COVID-19 pandemic has had a significant impact on the data center liquid cooling market. With the rapid shift towards remote working and increased reliance on digital services, the demand for data centers has surged. This has led to a greater need for effective cooling solutions to ensure the smooth operation of these facilities amidst the rising data traffic.

Data Center Liquid Cooling Dynamics

The data center liquid cooling market is driven by several key factors including the increasing adoption of high-performance computing technologies, rising data center density, and the need for energy-efficient cooling solutions. Additionally, advancements in liquid cooling technologies, such as immersion cooling and direct-to-chip cooling, are further propelling the market growth.

Segments and Related Analysis

The data center liquid cooling market can be segmented based on the type of cooling solutions, including direct liquid cooling and indirect liquid cooling. Direct liquid cooling involves the direct contact of liquid with the heat-generating components, while indirect liquid cooling uses a heat exchanger to transfer heat away from the components. Both these segments contribute significantly to the overall market growth.

By Region Analysis

In terms of regional analysis, the North American data center liquid cooling market holds a dominant position, owing to the presence of major data center operators and technological advancements in cooling solutions. The Asia Pacific region is also witnessing substantial growth due to the increasing investments in data center infrastructure and the rising demand for cloud services.

Key Market Players and Competitive Landscape

Some of the key players in the data center liquid cooling market include Schneider Electric, Vertiv, Asetek, Rittal GmbH & Co. KG, and Green Revolution Cooling. These companies are focusing on product innovations, strategic partnerships, and mergers and acquisitions to strengthen their foothold in the market and gain a competitive edge.

Recent Happenings in the Data Center Liquid Cooling Market

In recent developments, several companies have introduced innovative liquid cooling solutions tailored to meet the specific needs of data centers. For example, Schneider Electric launched a new liquid cooling solution designed to enhance energy efficiency and reduce operational costs for data center operators. These advancements are expected to drive further growth and innovation in the data center liquid cooling market.