Data center liquid immersion cooling systems offer efficient, cost-effective, and eco-friendly cooling solutions for data centers as compared to air-based cooling methods. These systems provide higher processing power, better power usage effectiveness (PUE), minimal carbon footprint, and maximum density levels in data centers.
The global Data Center Liquid Immersion Cooling Market is estimated to be valued at US$ 419.79 Mn in 2023 and is expected to exhibit a CAGR of 26% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The adoption of green technologies has accelerated the growth of the data center liquid immersion cooling market. With growing environmental concerns, data center operators are increasingly adopting green and sustainable cooling technologies like liquid immersion cooling to reduce carbon emissions. Liquid immersion cooling provides significant energy savings of over 50% as compared to conventional air-based cooling while offering higher power density and reducing carbon footprint. The eco-friendly nature and long-term cost benefits of these systems have boosted their demand, especially among hyperscale data center operators.
Segment Analysis
The global data center liquid immersion cooling market is dominated by the immersion cooling of high performance computing applications sub-segment. This is because high performance computing facilities require massive computational power which leads to excessive heat generation. Liquid immersion cooling is increasingly being adopted for such applications as it can manage large heat loads with higher cooling efficiency compared to traditional air-based cooling methods.
Key Takeaways
The global data center liquid immersion cooling market is expected to witness high growth over the forecast period of 2024 to 2031. With cloud computing gaining widespread adoption globally, the volumes of data being generated and processed is growing exponentially. This is increasing the need for compute power and data storage capacity. Liquid immersion cooling techniques are proving effective in addressing the thermal management needs of massive data centers supporting cloud infrastructure and internet-scale workloads. The global Data Center Liquid Immersion Cooling Market is estimated to be valued at US$ 419.79 Mn in 2023 and is expected to exhibit a CAGR of 26% over the forecast period 2024 to 2031.
Regional analysis
North America currently dominates the global data center liquid immersion cooling market owing to strong presence of hyperscale data center facilities in the region. The increasing need to improve energy efficiency of data centers is further driving adoption of liquid immersion cooling solutions across the US and Canada. Asia Pacific is expected to witness fastest growth over the coming years on back of growing digitalization and expansion of cloud, telecom and internet infrastructure in major economies like China and India.
Key players
Key players operating in the data center liquid immersion cooling market are Alfalava, Asetek, CoolIT Systems, Green Data Center LLP, Green Revolution Cooling Inc., Horizon Computing Solutions, IBM Corporation, Midas Green Technologies, LLC, Rittal GmbH & Co. Kg., and Schneider Electric SE.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
