Data center liquid immersion cooling is an innovative technology used for efficient cooling of data centers. It involves submerging servers, networking equipment and other hardware in specialized non-corrosive dielectric liquids for effective heat transfer and dissipation. This results in higher computing power availability, reduced energy costs, minimized carbon footprint, and maintenance of optimal working temperatures for sensitive data center components.
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:
One of the key drivers of the data center liquid immersion cooling market is the urgent need for increased data center energy efficiency. As digital transformation trends accelerate worldwide, the volume of data being generated and stored is rising exponentially. This has significantly increased cooling demands of large-scale data centers housing thousands of servers. Traditional air cooling methods struggle to efficiently dissipate the massive amount of heat released. Liquid immersion cooling provides up to a 90% reduction in energy consumed for cooling compared to air cooling. This makes it a coveted solution helping data center operators meet sustainability goals of slashing carbon footprint and electricity bills in a cost-effective manner.
SWOT Analysis
Strength: Data center liquid immersion cooling systems provide more efficient cooling with less energy consumption and less floor space requirement compared to traditional air cooling systems.
Weakness: High initial investment cost compared to air cooling systems act as a barrier for adoption among small data centers.
Opportunity: Growing need to reduce power usage effectiveness (PUE) and optimize data center energy efficiency offers significant growth opportunities.
Threats: Lack of technical expertise and standardization issues pose implementation challenges for immersion cooling adoption.
Key Takeaways
The global data center liquid immersion cooling market is expected to witness high growth. 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 reveals that North America currently dominates the market due to high density data center deployment and growing focus on reducing operational costs. The Asia Pacific region is expected to be the fastest growing market owing to the rising number of colocation data centers and increasing data center investments.
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. These players are focusing on new product development and strategic collaborations to gain Higher market share. For instance, Green Revolution Cooling Inc. partners with leading data center operators to deploy immersion cooling solutions globally.
*Note:
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it
