According to a market report by Lucintel, the future of the data center liquid cooling market looks promising with opportunities in the IT & telecom, retail, healthcare, BFSI, and media & entertainment markets. The global data center liquid cooling market is expected to reach an estimated $7.7 billion by 2028 with a CAGR of 21.4% from 2023 to 2028. The major drivers for this market are growing number of server users and data centers, increasing adoption of big data and AI integration on corporate servers, and rising utilization of portable liquid refrigeration in information hubs in areas with mild temperatures.
In this market, wholesale, enterprise, hyperscale, and colocation are the major segments of data center liquid cooling market by data center type. Lucintel forecasts that enterprise is expected to witness highest growth over the forecast period due to the growing adoption of in-house data center and significant need for a cool atmosphere in information hubs to control heat produced by the processors.
Within this market, IT & telecom is expected to remain the largest segment due to the increasing number of internet users linked to the 5G network, ongoing infrastructure development in the telecom sector, and considerable need for innovative cooling systems in telecom cabinets, electronic enclosures, and indoor and outdoor shelters.
North America will remain the largest region due to the extensive use of linked devices, increasing mobile data traffic, and growing data center investment in modern direct-to-chip and liquid immersion cooling techniques in the region.
Alfa Laval AB, Asetek, Asperitas, Chilldyne, CoolIT Systems, DCX, and DUG Technology are the major suppliers in the global data center liquid cooling market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]