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Data Center Liquid Cooling Market worth $7.8 billion by 2028 – At a CAGR of 24.4%

Published: August 31, 2023

Author: TEXTILE VALUE CHAIN

According to a new market research report, the “Data Center Liquid Cooling Market by Component (Solution and Services), End User (Cloud Providers, Colocation Providers, Enterprises, and Hyperscale Data Centers), Data Center Type, Type of Cooling, Enterprise, and Region – Global Forecast to 2028″, is projected to grow from USD 2.6 billion in 2023 to USD 7.8 billion by 2028, at a CAGR of 24.4% during the forecast period. Major factors driving the growth of the data center liquid cooling market include the increasing need for the emergence of advanced technologies such as AI, blockchain, cooling requirements, and the current data center equipment’s rising power density. More potent servers, high-performance computing (HPC) clusters, and graphics processing units (GPUs) that produce much heat are housed in data centers as technology develops.

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303 Market data Tables
50 Figures
274 Pages and in-depth TOC on “Data Center Liquid Cooling Market – Global Forecast to 2028″

This Report also Provides a Comprehensive Analysis of the Companies Listed below:

Companies such as Rittal GmbH & Co. KG (Germany), Fujitsu (Japan), Vertiv Group Corp. (US), Green Revolution Cooling Inc. (US), Submer (Spain), Midas Green Technologies (US), Schneider Electric (France) fall under the winners’ category. These are leading players in the data center liquid cooling market globally. These players have adopted the strategies of expansions, agreements, new product development, partnerships, and acquisitions, to fulfill the rising demand for face masks on the regional and global levels.

Recent Developments in Data Center Liquid Cooling Market Industry

In January 2022, Submer announced an investment from Planet First Partners. This fund will be used for R&D initiatives for next-generation liquid coolants and data center automation.
In November 2021, Vertiv Group Corp. acquired E&I Engineering Group. This acquisition will also enable Vertiv Group Corp. to provide a more comprehensive solution to its customers and expand its geographic reach.
In August 2021, Submer announced its collaboration with Intel to set and standardize the adoption of immersion liquid cooling solutions. In this collaboration, Submer will provide immersion cooling solutions for all platforms and servers of Intel.

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Submer – Submer offers various business segments, such as Data Centers, Colocation, High-Performance Computing (HPC), Edge Computing, and Cloud Service Providers (CSPs). The company designs and manufactures equipment for OEMs, Large scale computing environments, and Colocation. Submer serves diverse industries, including Technology, Healthcare, Financial Services, and Government. In December 2021, Submer announced a partnership with Submerged Cooling Solutions (SCS), a leading specialist in immersion cooling technologies in the Netherlands. This collaboration grants companies in the Netherlands access to Submer’s complete range of award-winning immersion-powered solutions.

Schneider Electric – Schneider Electric operates through two segments: Energy Management and Industrial Automation. Schneider Electric serves the construction, residential, energy, and infrastructure sectors, providing data center cooling solutions within the Energy Management segment. Schneider Electric is significant in Europe, North America, Asia Pacific, Latin America, and Middle East & Africa. In October 2019, Schneider Electric announced a partnership with Avnet and Iceotope Precision Immersion Cooling to collaborate on developing liquid-cooled data center solutions.

Vertiv Group Corp – Vertiv Group Corp. offers various solutions and services for power, thermal, IT, and edge infrastructure across multiple industries. The company operates and reports results across three geographic segments: Americas, Asia Pacific, and Europe, Middle East & Africa. Key customers of Vertiv Group Corp. include Alibaba, Alstom, AT&T, Equinix, Ericsson, Reliance, and Vodafone. In May 2023, Vertiv Group Corp. announced a partnership with UTC Heathrow. Together, they will deliver a co-teach program focused on the data center sector. This partnership aims to equip students with the necessary skills and knowledge to excel in the digital infrastructure industry.

Asia Pacific is estimated to be the fastest-growing region in the data center liquid cooling market during the forecast period.

Asia Pacific is projected to be the fastest-growing data center liquid cooling market during the forecast period. Due to reasons including the quick acceptance of cloud computing, the expansion of data-intensive businesses, and the rapid digital transformation, the region is seeing a rise in data center investments. Due to the development of data center infrastructure, there is a significant need for effective cooling methods, such as liquid cooling technologies. Efficient cooling solutions to improve Power Usage Effectiveness (PUE) are expected to drive the growth of the data center liquid cooling market in Asia Pacific.

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