The report “Data Center Liquid Cooling Market by Component (Solution and Services), End User (Colocation Providers, Enterprises, and Hyperscale Data Centers), Cooling Medium, Data Center Type, Type of Cooling, Enterprise, and Region – Global Forecast to 2032″ estimates USD 2.84 billion in 2025 and projects it to reach USD 21.14 billion by 2032, at a CAGR of 33.2% during the forecast period. The expansion in the global data center liquid cooling market is driven by the exponential growth in data generation through cloud computing, artificial intelligence, and edge computing technologies. As the size and data processing density of data centers increase, conventional air-cooling systems cannot keep up with efficiency in terms of heat. Liquid cooling is energy-efficient, which saves power utilization effectiveness (PUE) and operational expenses by a considerable margin. The change is also being driven by increased demand for green infrastructure as companies and governments work to achieve carbon reduction. High-performance computing (HPC) environments, including scientific computing, financial models, and machine learning, increasingly require efficient and accurate cooling. Liquid cooling is thus no longer an option but a necessity.
Key Market Players
Rittal GmbH & Co. KG (Germany), Vertiv Group Corp. (US), Green Revolution Cooling Inc. (GRC) (US), Submer (Spain), Schneider Electric (France), LiquidStack Holding B.V(US), Iceotope Precision Liquid Cooling (UK), COOLIT SYSTEMS (Canada), DUG Technology (Australia), DCX Liquid Cooling Systems (Poland), Delta Power Solutions (Taiwan), Wiwynn (Taiwan), LiquidCool Solutions, Inc. (US), Midas Immersion Cooling (US), BOYD (US), Kaori Heat Treatment Co,. Ltd (Taiwan), Chilldyne, Inc. (US), Asperitas (Netherlands), and STULZ GMBH (Germany) are the key players in the data center liquid cooling market.
North America is estimated to be the largest-growing region in the data center liquid cooling market during the forecast period.
North America is projected to hold the largest data center liquid cooling market, thanks to the increase in the hyperscale data center buildouts, AI-based workload, and cloud computing demands. The region is home to the largest data center operators worldwide, namely, AWS, Microsoft, Google, and Meta, who are investing heavily in direct-to-chip and immersion cooling technologies to enhance energy efficiency and sustainability. Severe government regulations on carbon emissions and the move toward green data centers are also playing a key role in the growth of liquid cooling.
Data Center Liquid Cooling Market Dynamics
- Driver: Increasing number of data centers and server density
- Restraint: High capital expenditure and maintenance requirements
- Opportunity: Emergence of artificial intelligence (AI), blockchain, and other advanced technologies
- Challenge: Lack of standardization
