Increasing server density across data centers and incorporation of advanced technologies such as AI, big data, and cloud computing could spike the demand for data center liquid cooling market. These systems can potentially reduce capital expenditure, energy cost, and Total Cost of Ownership (TCO) by eliminating fan requirements.
Several operators across the globe are facing challenges in maintaining appropriate temperature in data center facilities. Excessive heating of components can impact operational performance and component lifespan, resulting in possible downtown of certain systems. All such factors along with the capability to maintain AI-based and machine learning implementation in the new facility are expected to create multiple growth opportunities for business in the data center liquid cooling growth.
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With respect to service segment, the market is slated to foresee tremendous growth due to the growing demand for activities that help with the operation of data center liquid cooling systems. These services also aid in the proper management of established infrastructure. The managed services segment is slated to register tremendous gains as collaborations, between solution providers and managed service providers are increasing to effectively provide installation and maintenance services as well as increase warranty support is driving the segment size.
Taking January 2020 for instance, GRC (Green Revolution Cooling) teamed up with Avaso Technology Solutions to offer maintenance and installation services for the ICEtank, ICEraq, HASHraQ, and HASHtank liquid immersion-cooling systems of GRC for the company’s customers spread across 150 nations.
in terms of end-user, the growing digitalization trend coupled with the rising demand from several countries’ citizens for enhanced accountability and transparency withing the government is driving the market share from the government sector. With several global governments migrating to digital systems from the conventional paper-based systems, government employees must tackle more complicated work environments within short periods of time, which is creating a need for data center solutions that can compute faster. Such systems further generate a higher amount of heat, which is impelling government agencies to turn to data center liquid cooling solutions, driving the overall market size.
Key market players are using various strategies like acquisitions and collaborations to increase their profit margins and stake a bigger claim of the market landscape. However, one of the most effective strategies these companies employ is launching new products that keep their brand relevant in an increasingly crowded industry space. Taking December 2019 for instance, Schneider Electric launched the data center industry’s first integrated rack with immersive liquid-cooling capabilities. The racks are specifically designed for computation-intensive systems that heat up easily due to the sheer amount of data they are processing at any given time.
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Geographically, the Asia Pacific data center liquid cooling market is slated to observe an impressive rate of growth owing to the expansion of manufacturing and industrial sectors across the region. The technologies, such as machine learning and IoT, that are being integrated into the systems by regional manufacturing companies should result in the growth of the amount of data generated. This trend would further lead to the development of a more high-tech data center infrastructure with a highly efficient liquid cooling facility, which would further lead to an increase in product deployment across the Asia Pacific.
Asetek, Allied Control Ltd., Alfa Laval AB, Stulz GmbH, Silverback Migration Solutions, Schneider Electric SE, The 3M Company, Rittal GmbH & Co., Submer Technologies, Midas Green Technologies, and Mitsubishi Electric Corporation are some of the major companies that are active in the data center liquid cooling market.
Major Key Points from Table of Content:
Chapter 6. Data Center Liquid Cooling Market, By End-Use
6.1. Key trends by end-use
6.2. Cloud service providers
6.2.1. Data center liquid cooling market estimates and forecast, 2016 – 2026
6.3.1. Data center liquid cooling market estimates and forecast, 2016 – 2026
184.108.40.206. Data center liquid cooling market estimates and forecast, 2016 – 2026
220.127.116.11. Market estimates and forecast, 2016 – 2026
18.104.22.168. Market estimates and forecast, 2016 – 2026
22.214.171.124. Market estimates and forecast, 2016 – 2026
6.3.6. IT enabled Services (ITeS)
126.96.36.199. Market estimates and forecast, 2016 – 2026
188.8.131.52. Market estimates and forecast, 2016 – 2026
6.4. Telecom service providers
6.4.1. Market estimates and forecast, 2016 – 2026
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