23-Nov-2020 | Zion Market Research
As per the analyst at Zion Market Research, the value of the global data center liquid cooling market in 2019 was at about USD 1.3 billion and is slated to hit revenue of about USD 4 billion by 2026, registering approximately 21.9% CAGR during the forecast timespan. The leading firms active in the global data center liquid cooling market consist of Horizon Computing Solutions, Asetek, Schneider Electric SE, Rittal GmbH and Co. Kg., Midas Green Technologies LLC, Green Revolution Cooling Inc., IBM Corporation, Emerson Electric Co., Allied Control Ltd., and Green Data Center LLP.
Escalating Demand For Energy- Efficient Cooling Services To Drive Market Growth By 2026
The industry growth over the forecast timeline can be attributed to large-scale need for proficient energy cooling solutions. Apart from this, the upsurge in the market expansion can be credited to massive need for noise-free services along with demand for reducing the operational costs. With growing use of direct to chip data center liquid cooling services, the dependence on air handling systems, fans, and air conditioning is massively reduced. Additionally, growing necessity for optimum overclocking processor performance as well as demand for enhancing the power efficiency will boost the market trends.
BFSI Segment To Dominate Industry Verticals Landscape Over 200-2026
The growth of the BFSI segment over the assessment timeline is subject to growing utilization of power-efficient systems by the data centers of the BFSI. In addition to this, massive need for cooling the environment and computer devices due to large heat dissipation will create massive demand for the data center liquid cooling systems in these enterprises. These systems are preferred by the enterprises due to its low maintenance costs and power costs along with incessant data storage & processing capacity.
European Data Center Liquid Cooling Market To Register Humungous Growth By 2026
The growth of the business in the continent over the forecast timeline is attributed to large-scale setting up of data centers in the countries like the UK, France, and Germany. Apart from this, data center manufacturers are focusing on constructing green buildings and want to reduce total cost of ownership as well as capital expenditure. This, in turn, will boost the regional market expansion over the ensuing years. Massive need for raising server density for embedding new technologies will proliferate the expansion of data center liquid cooling business in the European continent over the estimated timeline.
Browse the full “Global Data Center Liquid Cooling Market - By Solution Type (Direct Liquid Cooling and Indirect Liquid Cooling), By Service Type (Installation & Deployment, Design & Consulting, and Support & Maintenance), By Size (Large –Sized and Small & Medium-Sized), By Industry Vertical (IT & Telecom, BFSI, Healthcare, Government & Defense, Retail, Research & Academic, Manufacturing, and Energy), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/data-center-liquid-cooling-market
The global data center liquid cooling market is segmented as follows:
By Solution Type
By Service Type
By Size
By Industry Vertical
By Region
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