Data Center Liquid Cooling Market | Growth In Number of Data Centers to Boost the Market Growth | Technavio
The global data center liquid cooling market size is poised to grow by USD 1.83 billion during 2020-2024, progressing at a CAGR of 19% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201104005356/en/
Technavio has announced its latest market research report titled Global Data Center Liquid Cooling Market 2020-2024 (Graphic: Business Wire)
Efficient cooling is one of the key requirements of the new data systems which has to do big data analytics and cloud computing. These data centers consume more power and require high maintenance, which necessitates efficient cooling methods to avoid increased OPEX through equipment failure. Several end-users have adopted the liquid cooling method. Chilled water-based cooling systems have already overpassed air-based cooling in terms of deployment as it consumes less energy and provides better efficiency. These factors help in increasing the demand for the data center liquid cooling market during the forecast period.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio's SUBSCRIPTION platform
Report Highlights:
- The major data center liquid cooling market growth came from the chilled water-based cooling system. As they have surpassed the traditional air-based cooling systems.
- North America was the largest data center liquid cooling market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. This is attributed to factors such as the growing number of data centers and the adoption of effective and efficient modern cooling techniques and associated systems and the adoption of the liquid cooling system.
- The global data center liquid cooling market is fragmented. 3M Co., Asetek AS, Daikin Industries Ltd., Fujitsu Ltd., Huawei Investment & Holding Co. Ltd., International Business Machines Corp., Rittal GmbH & Co. KG, Schneider Electric SE, STULZ GmbH, and Vertiv Group Corp. are some of the major market participants. To help clients improve their market position, this data center liquid cooling market forecast report provides a detailed analysis of the market leaders.
- As the business impact of COVID-19 spreads, the global data center liquid cooling market 2020-2024 is expected to have a positive impact. As the pandemic spreads in some regions and plateaus in other regions, we re-evaluate the impact on businesses and update our report forecasts.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Advent of Advanced Cooling Techniques will be a Key Market Trend
New liquid cooling techniques, which use seawater to cool the data center by submerging into the sea, are steadily gaining traction in the market. These advance data center liquid cooling techniques can hold data and process information for a longer period, which attracts several end-users to adopt it. Certainly, the superior benefits of liquid-based cooling for data centers coupled with the advanced cooling techniques will drive the data center liquid cooling market growth during the forecast period.
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
Data Center Liquid Cooling Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist data center liquid cooling market growth during the next five years
- Estimation of the data center liquid cooling market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the data center liquid cooling market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of data center liquid cooling market vendors
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
View market snapshot before purchasing
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
Market Segmentation by Application
- Market segment analysis
- Market segments
- Comparison by Application
- Chilled-water based cooling - Market size and forecast 2019-2024
- Liquid immersion cooling - Market size and forecast 2019-2024
- Market opportunity by Application
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of substitutes
- Threat of new entrants
- Threat of rivalry
- Market condition
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Market opportunity by geography
Customer Landscape
Market Drivers, Challenges and Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive landscape
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 3M Co.
- Asetek AS
- Daikin Industries Ltd.
- Fujitsu Ltd.
- International Business Machines Corp.
- Rittal GmbH & Co. KG
- Schneider Electric SE
- STULZ GmbH
- Vertiv Group Crop.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201104005356/en/
