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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.
Report Attribute | Details |
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Base Year: | 2022 |
Data Center Liquid Cooling Market Size in 2022: | USD 2 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 15% |
2032 Value Projection: | USD 12 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 350 |
Tables, Charts & Figures: | 460 |
Segments covered: | Component, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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