Data Center Liquid Cooling Market is Expected to Reach $39.96 Billion by 2033: BIS Research

In today's digital era, data centers serve as the backbone of the global economy, supporting various online services and cloud computing. However, the rapid growth in data processing and storage demands has presented a significant challenge: managing heat effectively. To tackle this issue, the data center liquid cooling market has emerged as a crucial sector in the technology industry. 

As the demand for data continues to increase, businesses and data center operators are turning to innovative liquid cooling technologies to improve performance, lower operating costs, and reduce environmental impact. 

Recently, BIS Research released a market report titled- "Data Center Liquid Cooling Market." The report analyzes the data center liquid cooling market and forecasts it to reach $39.96 billion by 2033 from $4.45 billion in 2023. It is expected to witness a CAGR of 24.53% during the forecast period 2023-2033.  

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USP and Key Highlights of the Report  

• A dedicated section focusing on the trends adopted by the key players operating in the data center liquid cooling market 
• Company profile of the companies operating in the ecosystem offering a holistic view of the data center liquid cooling market landscape.  
• Qualitative and quantitative analysis of the data center liquid cooling market 
• Supply chain and value chain analysis  

In-depth Market Analysis: The analysis offers a comprehensive understanding of the various regulations, consortia, associations, and government initiatives affecting liquid cooling manufacturers across various sectors, including data centers. The section on products provides insight into the different application and product categories of data center liquid cooling and their worldwide potential. 

Strategic Growth Initiatives: Offering insights into successful growth strategies such as mergers, acquisitions, and partnerships, the report can guide your organization in crafting compelling marketing and expansion strategies to solidify its market position.  

Competitive Landscape Analysis: By profiling key players and examining their strategies, the report gives a clear view of the competitive environment, enabling your organization to benchmark its practices and uncover strategic alliances or innovation opportunities.  

Identification of Untapped Markets: By exploring partnerships, agreements, and collaborations among key market players, the report illuminates untapped revenue pockets and emerging market opportunities, guiding your organization toward profitable ventures.    

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Data Center Liquid Cooling Market Analysis: Drivers, Challenges and Opportunities 

The demand for data centers continues to surge, driven by the exponential growth in data generation worldwide. The U.S. leads with a significant number of operational centers, with notable increases in capacity and absorption in recent years. 

Despite the promising outlook, high investment costs challenge the adoption of liquid cooling technologies, which could significantly enhance data center efficiency. 

However, there are opportunities to retrofit existing data centers, especially as older infrastructures seek upgrades to meet modern energy efficiency and performance demands. Retrofitting offers tangible benefits such as reduced cooling costs and electricity consumption, making it an attractive option for operators aiming to enhance efficiency. 

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Data Center Liquid Cooling Market Segments  

Segmentation 1: by End Use Industry 

• IT and Telecom 

• Banking, Financial Services, and Insurance (BFSI) 

• Government and Public Sector 

• Healthcare 

• Manufacturing 

• Retail 

• Others 

Segmentation 2: by Data Center Type 

• Hyperscale Data Center 

• Enterprise Data Center 

• Colocation Data Center 

• Others 

Segmentation 3: by Region 

• North America - U.S., Canada, and Mexico 

• Europe - Germany, France, Switzerland, Netherlands, Italy, Spain, and Rest-of Europe 

• China 

• U.K. 

• Asia-Pacific - Japan, India, Australia, Singapore, Malaysia, and Rest-of-Asia-Pacific 

• Rest-of-the-World 

Overview: From 2023 to 2033, the IT and telecom sector is poised to dominate the data center liquid cooling market, fueled by emerging technologies like 5G and IoT. BFSI anticipates the highest growth due to digitization. Segmented by data center type, including Hyperscale, Enterprise, and Colocation, North America, Europe, and Asia-Pacific are forecasted as key regions. Due to government regulations and industry expansion, Europe, North America, and Asia-Pacific are set to witness significant demand. Liquid cooling adoption is expanding globally, driven by innovation, climate challenges, energy efficiency mandates, and the surge in data from smartphones and IoT, stimulating market growth. 

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Key Players in the Data Center Liquid Cooling Market 

• Vertiv Group Corp. 

• GRC, Inc. 

• Iceotope 

• LiquidStack Holding B.V. 

• Submer 

• Coolcentric 

• Motivair Corporation 

• PEZY Computing Inc. 

• DCX Inc. 

• Asetek, Inc. 

• Chilldyne, Inc. 

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Other Related Reports from BIS Research  

Small Modular Reactor Market for Data Centers 

Data Center Refrigerant Market 

Edge Data Center Market 

Floating Data Center Market 

Data Center Dielectric Fluid Market 

About BIS Research 

BIS Research is a global B2B market intelligence and advisory firm focusing on deep technology and related emerging trends, which can disrupt the market dynamics in the near future. We publish over 200 market intelligence studies annually, focusing on several deep technology verticals.   

Our strategic market analysis emphasizes market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.    

BIS Research offers syndicate and custom studies and expert consultations to firms, providing them with specific and actionable insights on novel technology markets, business models, and competitive landscapes.   

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