Kenneth Research, in its repository of market research reports, have recently added a report on Data Center Liquid Cooling Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Data Center Liquid Cooling Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
In Q4 2021, U.S. current-account deficit widened stood at $224.8 billion. However, in Q1 22, CAD rose by 29.6%, reached to $291.4 billion, adding $66.6 billion to the gap. Export of good and services increased by $25.7 billion to reach $1.03 trillion in the first quarter of 2022. However, country’s goods and services deficit was $79.6 billion in June, down $5.3 billion from $84.9 billion in May, revised- reflecting some sight of relief. On the other hand, annual inflation rate in the country hit 8.5%. Energy CPI surged by 32.9% in July 2022, inflating the cost of logistic and signs to disrupt supply chain whilst electricity cost upsurged by 15.2%, highest since Feb 2006. Apart from that, In July 2022, existing US home sales declined 5.9% to 4.81 million (seasonally adjusted annual rate), the lowest since May of 2020 and below market expectations of 4.89 million. As mortgage rate touches highest at 6%, sales for houses declined for a sixth consecutive month. Global energy crises to remain at focal point impacting the economic activity in the U.S, pushing consumers to spend less on the products and services and save more.
On the other hand, the worst is expected to be seen in the European countries, especially during 2022 winters. The energy and gas crises has already started grappling the region, wherein many Western European countries including Germany is looking for coal fired solutions to tackle the gas supply shortage created by Russian-Ukraine conflict.
Amidst global concerns, market players have started looking for safe investments by holding on to the new technology and product launches. Factors like currency translation, disruption in global supply chain, Anti-China sentiments brewing across the globe, slowdown in Chinese economy, inflated products prices, USD getting stronger every week, decreasing purchasing power and strict measures taken by central banks/institutions across the world to ensure less spending and more saving, could hit the demand for the product and service badly in near future.
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
Global Data Center Liquid Cooling Market to reach USD 8339.7 million by 2025.Global Data Center Liquid Cooling Market valued approximately USD 8339.7 million in 2016 is anticipated to grow with a healthy growth rate of more than 29.17% over the forecast period 2018-2025. Growing demand for sustainable cooling systems, advanced cooling technology and rising need for reasonable cooling solutions are the major factors which are driving the growth of the Global Data Center Liquid Cooling Market. However, any leakage in the liquid cooling system in the data center can be destructive for the systems & entire organization and this hinders the growth of the data center liquid cooling market. A Datacenter is basically a building comprising servers that stores information in form of data.
This information is analyzed to be used for a specific purpose, and it may solve important problems. Because of its importance, the data is maintained on the servers in data centers. The data collection on servers are growing, hence the temperature of servers is rising as well and higher temperature can affect components and that will result in breakdown. That’s why liquid cooling solutions are used to cool down the heat produced at the data centers. Since, the liquid has much higher heat absorption rate compared to air, so it can provide the same cooling with lower volume, liquid can be used in cooling high power density components directly and that reduces the need to cool down the data center, thus reduces overall cooling capacity required, besides this, the liquid cooling solutions need stacked racks and reduced spaces in the organization, which reduces the amount of floor space and these features drive the need for data center liquid cooling market.
The regional analysis of Global Data Center Liquid Cooling Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Liquid Cooling Solution:
*Indirect Liquid Cooling
*Direct Liquid Cooling
*Design and Consulting
*Installation and Deployment
*Support and Maintenance
By Data Center:
*Small and Medium- Size Data Center
*Enterprise Data Centers
*Large Data Centers
*Banking, Financial Services, and Insurance
*IT and Telecom
*Government and Defense
*Research and Academic
Rest of the World
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Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Asetek, Rittal GmbH & Co. Kg., Emerson Electric Co., Schneider Electric SE, IBM, Green Revolution Cooling Inc., Midas Green Technologies, LLC, Allied Control Ltd., Green Data Center LLP, Horizon Computing Solutions, STULZ, Vertiv, CoolIT Systems Inc, SILVERBACK MIGRATION SOLUTIONS, INC, LIQUIDCOOL SOLUTIONS, INC and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global Data Center Liquid Cooling Market in Market Study:
*Key Consulting Companies & Advisors
*Large, medium-sized, and small enterprises
*Value-Added Resellers (VARs)
*Third-party knowledge providers
TABLE OF CONTENTS
Chapter 1. Global Data Center Liquid Cooling Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.3. Market Estimation
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Million)
3.2. Key Trends
Chapter 4. Global Data Center Liquid Cooling Market Dynamics
4.1. Growth Prospects
4.2. Industry Analysis
4.2.1. Porterâ€™s 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Global Data Center Liquid Cooling Market, By Liquid Cooling Solution
5.1. Market Snapshot
5.2. Market Performance – Potential Model
5.3. Global Data Center Liquid Cooling Market, Sub Segment Analysis
5.3.1. Indirect Liquid Cooling
22.214.171.124. Market estimates & forecasts, 2015-2025 (USD Million)
126.96.36.199. Regional breakdown estimates & forecasts, 2015-2025 (USD Million)
188.8.131.52. Sub Segment breakdown estimates & forecasts, 2015-2025 (USD Million)
184.108.40.206.1 Rack-Based Liquid Cooling
220.127.116.11.2 RoW-Based Liquid Cooling
5.3.2. Direct Liquid Cooling
18.104.22.168. Market estimates & forecasts, 2015-2025 (USD Million)
22.214.171.124. Regional breakdown estimates & forecasts, 2015-2025 (USD Million)
126.96.36.199. Sub Segment breakdown estimates & forecasts, 2015-2025 (USD Million)
188.8.131.52.1 Single-Phase Immersion Cooling
184.108.40.206.2 Two-Phase Immersion Cooling
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