Speaking of the regional expanse of the data center liquid cooling market, it would be prudent to state that APAC and Europe are two prominent geographical revenue pockets for the industry. Asia Pacific data center liquid cooling market will witness significant growth over the ensuing years, driven by the increase in data capabilities brought forth by the growing digitalization in every possible industry sector.
The Europe data center liquid cooling market is growing at a substantial rate due to rise in the construction of large-scale IT facilities by several major companies including Equinix, Facebook, Portugal telecom etc. These global companies are expanding the size of their data centers due to a rapid increase in data storage requirements. Moreover, companies such as Facebook are planning to replace their traditional cooling technologies with water-based cooling. For instance, in June 2018, Facebook Inc. announced the use of evaporative cooling systems which use water instead of air for managing the heat of their IT facilities.
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The increasing demand for digital services and unprecedented growth in AI and machine learning has helped push data center liquid cooling market share to new heights lately. Data centers demand efficient cooling systems to reduce power consumption as over 30% of the power is used for cooling purposes. Processor performance is also severely affected by overheating resulting in slower operations. However, with businesses increasingly shifting towards mainframes and supercomputers, liquid cooling technology seems to be an ideal solution for modern data centers.
Large IT facilities are expected to witness high demand for these solutions due to the incorporation of a large number of servers and storage devices that lead to the overheating of systems. These mega facilities are being integrated with high-end cooling technologies, such as air-based cooling, for the effective heat management of devices. However, the emerging trend of green technologies is expected to drive the data center liquid cooling market. Such factors are encouraging operators of large-scale facilities to implement liquid-based cooling solutions that have a less environmental impact.
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Major players participating in the data center liquid cooling market include Alfa Laval, IBM Corporation, Vertiv Co., Schneider Electric, Rittal GmbH & Co. Kg., Chilldyne Inc., and CoolIT Systems Inc., among others. Players in the data center liquid cooling market are targeting their offerings to the large-scale companies, that require effective heat management technologies. These companies are expanding their business presence across the globe and providing diversified solutions & services to customers for competing in the industry.
Some Point from Table of Contents:
Chapter 5. Data Center Liquid Cooling Market, By Data Center Size
5.1. Key trends by solution
5.2. Small and mid-sized data center
5.2.1. Market estimates and forecast, 2015 – 2025
5.3. Large data center
5.3.1. Market estimates and forecast, 2015 – 2025
Chapter 6. Data Center Liquid Cooling Market, By Application
6.1. Key trends by application
6.2.1. Market estimates and forecast, 2015 – 2025
6.3.1. Market estimates and forecast, 2015 – 2025
6.4.1. Market estimates and forecast, 2015 – 2025
6.5. Government6.5.1. Market estimates and forecast, 2015 – 2025
6.6.1. Market estimates and forecast, 2015 – 2025
6.7.1. Market estimates and forecast, 2015 – 2025
6.8. IT & Telecom
6.8.1. Market estimates and forecast, 2015 – 2025
6.9.1. Market estimates and forecast, 2015 – 2025
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