Global Data Center Liquid Cooling Market to register high demand rate by 2024
Zion Market Research, the market research group announced the analysis report titled ‘Data Center Liquid Cooling Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024’
Global Data Center Liquid Cooling Market: Overview
Data center liquid cooling is also known as liquid immersion cooling. The data center liquid cooling works on the key principle of technology based on liquid submersion. This technology consists of the server and other equipment related to IT inside a huge tank. Now, this tank consists of non-conductive coolants. These coolants absorb or rather dissolve the heat that is generated by this equipment. The heat is then circulated out of the system. The effective and uniform cooling of high thermal energy is the main reason to boost the global data center liquid cooling market.
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Global Data Center Liquid Cooling Market: Growth Factors
The global data center liquid cooling market will witness a towering growth owing to increasing use of innovative liquid cooling techniques. Most of the companies use seawater for cooling of their data centers. Hence, in future, the traditional tank used for cooling the equipment will be replaced by the ocean itself. Microsoft, a leading tycoon in the tech industry, recently conducted a test by inserting a pod-like structure in the sea water. Other factors that led to the increase in global data center liquid cooling market consists of increasing need to cool the devices, increased amount in the number of devices that were damaged due to overheating, and low cost for the overall process.
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Global Data Center Liquid Cooling Market: Segmentation
The global data center liquid cooling market is segmented into various types. Based on the type of cooling solutions, the global market is segmented as direct liquid cooling and indirect liquid cooling. On the basis of the type of service provided, the global data center liquid cooling market is segmented into installation and deployment, design and consulting, and support and maintenance. The global data center liquid cooling market is also divided by the type of data center into large data centers, enterprise data centers, and small and medium-sized data center. Based on industry verticals, the global market is segmented as IT and telecom, BFSI, healthcare, government and defense, retail, research and academic, manufacturing, and energy.
Global Data Center Liquid Cooling Market: Regional Analysis
The global data center liquid cooling market has spread all across the world. But the key areas to focus are North America, Asia-Pacific, Middle East & Africa (MEA), and South America. North America and South America are said to dominate the global data center liquid cooling market. Currently, the U.S. is the leading country for data center operations. The U.S. is said to be the whole and sole point of revenue generation for the global data center liquid cooling market in the near future.
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Global Data Center Liquid Cooling Market: Competitive Players
Owing to the local as well as global players, the race in the global data center liquid cooling market has become much tough than ever. Key players in the race include Midas Green Technologies LLC, IBM Corporation, Horizon Computing Solutions, Asetek, Emerson Electric Co., Green Revolution Cooling Inc., Allied Control Ltd., Schneider Electric SE, Rittal GmbH and Co. Kg., and Green Data Center LLP.
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