The global data center liquid cooling market is set to grow by 29%, driven largely by a growing need for eco-friendly data center cooling solutions, according to forecasts from MarketsandMarkets. According to the report, the worldwide data center liquid cooling size is estimated to grow from US$827.8 million in 2016 to US$2969.8 million by 2021.
The report revealed there is an increasing need for eco-friendly data center cooling solutions that can operate with low energy requirements.
This requires the adoption of direct and indirect liquid cooling for providing advanced and efficient solutions and services, acting as one of the drivers for the data center liquid cooling, it says.
“These liquid cooling solutions require large amounts of supporting infrastructure, including large supply of the liquid as well as vats to hold servers,” the report explains. “This incurs additional investments, which hinders end users to adopt these solutions, but proves to be cost-effective for some duration as liquid cooling solutions are highly energy-efficient.” The report found indirect liquid cooling solutions account for the largest market share during the forecast period.
“Direct liquid cooling solutions are in demand and are expected to grow, and obtain a higher market share in the future, as they provide advanced cooling for high density data centers that further helps in reducing the total energy consumption,” the report explains. Installation and deployment services will hold the largest market share during the forecast period, according to MarketsandMarkets, while the Asia Pacific region is projected to grow at the highest rate.
According to the report, North America has captured the largest market share in 2016 and the trend is expected to continue in the coming years.
“This region is an early adopter of this technology and has witnessed rapid adoption due to the availability of comprehensive solutions,” the report says.
Meanwhile, APAC's data center liquid cooling solutions are expected to witness exponential growth and projected to be the fastest-growing region for the global data center liquid cooling.
“This is mainly attributed to the growing requirement of liquid cooling data centers that can be scaled and customised according to user requirements,” the report explains.