Data Center Liquid Cooling Market Analysis

Data Center Liquid Cooling Market Analysis

Solution segment held more than 74% of the data center liquid cooling market share in 2022. Advancements in high-performance computing (HPC) technologies is encouraging the development of novel data center cooling solutions with precise temperature control capabilities. Increasing use of next-generation processors is compelling companies to deploy innovative solutions that can effectively withstand high computing power.
 

The direct-to-chip accounted for more than 55% industry share in 2022. Data center operators are rapidly switching to these solutions to address the growing energy consumption by powerful processors. This type of rack-level cooling technology is replacing conventional air-cooling solutions while representing lucrative business prospects. High processing capacity, reduced downtime, lower energy needs, and limited space are among the key advantages of switching air cooling with direct-to-chip solutions.
 

The enterprise end-users in the market for data center liquid solution accounted for more than 49% share in 2022. Rapid globalization and penetration of digitization trends are accelerating the necessity of cloud computing in several sectors for safe data storage. Enterprises with burgeoning data management and storage needs are leveraging the cloud to ensure security, thereby fueling the need for power consumption and cooling technologies.
 

The government sector is estimated to reach over USD 461 million by 2032. Increasing popularity of smart technologies worldwide along with surging demand for improved transparency and accountability in the sector have contributed to the massive amounts of data generated in recent years. Public entities and government institutions are increasingly investing in the expansion of their data centers with a view of enhancing operational efficiencies.
 

Europe is projected to capture around 39% of the data center liquid cooling market share by 2032. A dynamic growth in the number of new data center construction projects will create a higher demand for liquid cooling needs in the region. Furthermore, facility providers are implementing highly innovative strategies including unique green data centers and are reducing TCO & CapEx while enhancing server density, to enable the operation of advanced technologies.