“The Data Center Liquid Cooling Market was valued at USD 1.59 billion in 2019 and is expected to reach USD 6.12 billion by 2025, at a CAGR of 25.2% over the forecast period 2020 – 2025.” Rising investments in high-density technology, high-performance computing, and power smart city initiatives are making state and local players engage in developing the most reliable and efficient methods to cool their data centers.
This report presents a profound evaluation of basic elements of Data Center Liquid Cooling industry such as production scale and profit generation. Market driving factors, newly adopted technologies, latest business methodologies have been discussed in this report. The report also forecasts the potential of the market and reviews thorough analysis of vital segments and regional markets.
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Increasing volumes of data generated are creating the demand for data centers, and these centers consume a considerable amount of energy. In 2016, data centers consumed 416.2 terawatt hours of energy, accounting for 3% of global energy consumption, and nearly 40% more than the entire United Kingdom. This consumption is expected to double every four years.
It is estimated that the Chinese data centers consume around 1.5% of Chinas energy, and the data centers in the United States consume almost 2% of total energy in the United States. The number of data centers is expected to grow further in the coming years. Moreover, traditional data centers are highly inefficient, with their cooling systems consuming around 39% of the total power, as most of the data centers around the world are still relying on traditional cooling solutions.
The energy consumption in data centers has been increasing with the growth in cloud computing technology. Thus, there has been a rising interest in the environmental performance of data centers. Hence, companies have started managing this concern on their premises. With increasing technological advancements, the focus of companies is now shifting toward reducing power consumption to improve efficiency and reduce costs. Therefore, the demand for efficient facility systems is growing. Regulatory compliances remain one of the major challenges for data center vendors. For instance, the European Union has been proactively attempting to cut down on emissions and power consumption in data centers.
The data center liquid cooling market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. These major players with prominent shares in the market are focusing on expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market shares and profitability. The companies operating in the market are also acquiring start-ups working on enterprise network equipment technologies to strengthen their product capabilities. In November 2017, Asetek served its existing OEM partner Fujitsu for the National Institute of Advanced Industrial Science and Technology (AIST). The order for Asetek RackCDU D2C (Direct-to-Chip) liquid cooling is expected to be used at the AI Bridging Cloud Infrastructure (ABCI) cluster, which is poised to become the fastest supercomputer system in Japan.
Scope of the Report
Data center cooling solutions are used for the maintenance of optimal operating condition required for the smooth operation of data centers. The data centers process a massive amount of data within a short interval of time, which produces a lot of heat and might damage the equipment. Cooling is necessary for optimum operation of data centers, and hence consumes the majority of power.
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