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Data Center Liquid Cooling Market Size

  • Report ID: GMI3090
  • Published Date: Aug 2023
  • Report Format: PDF

Data Center Liquid Cooling Market Size

Data Center Liquid Cooling Market size surpassed USD 2 billion in 2022 and is anticipated to record 15% CAGR during 2023 to 2032, driven by the surge in demand for compact and energy-efficient cooling solutions across developed economies.

 

The next-generation technologies such as driverless cars, robots, the internet of things (IoT), artificial intelligence and streaming videos have picked pace, notably across North America. This scenario has amplified data traffic resulting in a significant power burden on the regional data centers. Increasing demand for sustainable cooling solutions can be attributed to their massive loads of energy consumption. To reduce power consumption and adhere to the ambitious emission standards and footprint goals set by different governments, data center operators worldwide are rapidly adopting energy-efficient and cost-effective liquid cooling technologies.

 

 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of data center liquid cooling crossed USD 2 billion in 2022 and is anticipated to register 15% CAGR from 2023 to 2032, according to GMI report.

Among data center cooling solutions, direct-to-chip accounted for more than 55% revenue share in 2022 owing to growing energy-efficiency needs among data center operators.

Europe is projected to hold more than 39% of the market share by 2032 owing to a rise in green data center construction projects in the region.

Asetek AS, Schneider Electric SE, Iceotope Technologies Limited, Avnet, and Submer Technologies are some of the leading companies in the competitive landscape.

Data Center Liquid Cooling Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 460
  • Countries covered: 19
  • Pages: 350
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