Data Center Liquid Cooling Market Forecasted to Reach USD 3.01 billion in 2024, with a Steady 21.70% CAGR by 2030

Data Center Liquid Cooling Market Forecasted to Reach USD 3.01 billion in 2024, with a Steady 21.70% CAGR by 2030

Global Data Center Liquid Cooling Market: In-Depth Analysis and Forecasts for 2024-2030

MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Data Center Liquid Cooling Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.

The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.

Analysis and Insights into the Data Center Liquid Cooling Market: 2024-2030

The Global Data Center Liquid Cooling Market size was valued at USD 3.01 billion in 2024 and it is estimated to grow at a CAGR of around 21.70% during the forecast period, i.e., 2024-30. The factors that contributed to the growth of the data center liquid cooling have been the surging setup of data centers in the Information Technology (IT) and telecom sector and the growing focus of governments across the Middle East, Asia-Pacific, and other regions toward digitalization.

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What are the primary factors driving the growth of the Data Center Liquid Cooling Market?

Increasing Data Centers for Financial Institutions to Push Demand for Data Center Liquid Cooling – Over the past few years, there has been a significant increase in the number of banks & the bankable population across the globe due to rising globalization, promoting financial inclusion and economic growth in developed & developing nations. Financial institutions are essential for every individual, including working, students, and others, since the banks pose as a safe place for storing money.

Moreover, nowadays these financial institutions offer a wide range of payment and transaction services for paying bills, making purchases, among other transactional activities. As a result, more individuals are increasingly opening their bank accounts to access different financial services provided by the public & private banks. According to global Findex by the World Bank, in 2022, more than 76% of adults across the globe had an account at a bank or any regulated institution such as a credit union or microfinance institution. This significant rise in the bankable population increased the consumer's financial data. As a result, banks or financial institutions rely on their data centers to store critical financial information.

Further, the data centers have hardware & servers, which tend to overheat due to the continuous operations, therefore, there is a requirement for the data center liquid cooling systems to prevent hardware failure. Hence, the banks opt for data center liquid cooling systems to ensure the continuity of their operations, driving the Global Data Center Liquid Cooling Market.

Data Center Liquid Cooling Market Segmentation:

The Data Center Liquid Cooling market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.

By Cooling Type

  • Cold Plates- Market Size & Forecast 2019-2030F, USD Million
  • Direct Liquid Cooling- Market Size & Forecast 2019-2030F, USD Million
    • Immersion- Market Size & Forecast 2019-2030F, USD Million
      • Single-Phase- Market Size & Forecast 2019-2030F, USD Million
      • Two-Phase- Market Size & Forecast 2019-2030F, USD Million
    • Chilled Water Cooling- Market Size & Forecast 2019-2030F, USD Million
  • Indirect Liquid Cooling- Market Size & Forecast 2019-2030F, USD Million
    • Top-of-Row Cooling- Market Size & Forecast 2019-2030F, USD Million
    • In-Row Cooling- Market Size & Forecast 2019-2030F, USD Million
  • Rack Liquid Cooling- Market Size & Forecast 2019-2030F, USD Million

By End Users

  • Healthcare & Lifesciences- Market Size & Forecast 2019-2030F, USD Million
  • E-commerce and Retail- Market Size & Forecast 2019-2030F, USD Million
  • IT and Telecom- Market Size & Forecast 2019-2030F, USD Million
  • BFSI- Market Size & Forecast 2019-2030F, USD Million
  • Hospitality- Market Size & Forecast 2019-2030F, USD Million
  • Others (Energy & Utilities, Media & Entertainment, etc.) - Market Size & Forecast 2019-2030F, USD Million

By Data Center Size

  • Small & Medium- Market Size & Forecast 2019-2030F, USD Million
  • Large- Market Size & Forecast 2019-2030F, USD Million

By Type of Data Center

  • Enterprise- Market Size & Forecast 2019-2030F, USD Million
  • Colocation- Market Size & Forecast 2019-2030F, USD Million
  • Cloud Data Centers- Market Size & Forecast 2019-2030F, USD Million
  • Hyperscale- Market Size & Forecast 2019-2030F, USD Million
  • Others (Disaster Recovery (DR) Data Centers, Modular and Prefabricated Data Centers, etc.)- Market Size & Forecast 2019-2030F, USD Million

Geographical Analysis into the Data Center Liquid Cooling Market:

The Data Center Liquid Cooling market is categorized based regional:

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

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Competitive Landscape and Data Center Liquid Cooling Market Share Analysis:

The competitive landscape of the Data Center Liquid Cooling Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.

  • Vertiv Group Corp
  • Fujitsu
  • Submer
  • Green Revolution Cooling Inc.
  • Rittal GmbH & Co. KG
  • Schneider Electric
  • Midas Green Technologies
  • Liquidstack Holding BV
  • Chilldyne Inc.
  • Iceotope
  • Coolit Systems
  • Asperitas
  • Dug Technology
  • LiquidCool Solutions Inc.
  • DCX Liquid Cooling Systems
  • Others (Stulz GmbH, Delta Power Solutions, etc.)

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Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Questions Addressed in this Study

  1. What factors are driving the Data Center Liquid Cooling Market growth?
  2. How is the Data Center Liquid Cooling Market expected to grow over the next five years?
  3. What are the key insights into the current trends in the Data Center Liquid Cooling Market?
  4. What is the current size of the Data Center Liquid Cooling Market, and how is it projected to change in the future?
  5. What is the future outlook for the Data Center Liquid Cooling Market in terms of technological advancements and market expansion?

Why choose MarkNtel?

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.

Contact Us –

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