Pune, India -- (SBWIRE) -- 05/11/2018 -- Global Data Center Liquid Cooling Market By Geography; Liquid Cooling Solution (Indirect Liquid Cooling, Direct Liquid Cooling); Service (Design & Consulting, Installation& Deployment, Support & Maintenance); Data Center Type (Large, Small & Medium Size, Enterprise); Vertical- Industry Trends and Forecast to 2024
The Global Data Center Liquid Cooling Market accounted for USD 844.7 million in 2016 growing at a CAGR of 30.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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TOP Competitors of Market:
- Asetek,
- Chilldyne, Inc.,
- LiquidCool Solutions,
- Rittal GmbH & Co. KG,
- Emerson Electric Co.,
- Schneider Electric,
- IBM Corporation,
- Green Revolution Cooling,
- Midas Green Technologies, LLC,
- Allied Control,
- Green Data Center LLP,
- SPLITTED-DESKTOP SYSTEMS,
- SILVERBACK MIGRATION SOLUTIONS, INC,
- CoolIT Systems Inc,
- Condair Group,
- Ebullient, Inc.,
- Coolcentric, Dynatron Corporation
Market Definition:-
The data center cooling is getting vital because of growing processing power of data centers that are resulting in more heat generation. Air-based cooling is facing problem to cool down data centers that has forced to search for an alternative because of this the liquid-based data center cooling has been introduced which is helpful in keeping mercury under control within the data infrastructure to avoid electronic components from getting damaged due to excessive heat generation. It has its wide application in banking, financial services, and insurance, IT and telecom, government and defense, healthcare, research and academic, retail, energy, manufacturing, and others.Increasing need for cost-effective cooling solutions and growing need for eco-friendly data center solutions may act as the major driver in the growth of data center liquid cooling market. On the other side, requirement of specialized infrastructure may hinder the market.
Major Market Drivers:
- Increasing server rack density
- Need of heat management solutions
- Increasing need for cost-effective cooling solutions
- Growing need for eco-friendly data center solutions
- Increasing power and cooling demand of modern equipment
- High heat load inside many data centers
- High maintenance requirements
- Requirement of specialized infrastructure
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