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Data Center Cooling Market Trends

Report ID: GMI423
Published Date: Apr 2024
Report Format: PDF

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Data Center Cooling Market Trends

The emphasis on energy efficiency and hybrid cooling solutions is propelling the data center cooling industry forward. Data center operators are prioritizing energy-efficient technologies to reduce costs and environmental impact. Hybrid cooling approaches, which combine traditional air cooling with innovative solutions like liquid cooling, offer a balance of efficiency and cost-effectiveness. This trend towards energy efficiency and hybrid cooling is driving market growth and meeting the evolving needs of modern data centers.

For instance, in January 2024, Aligned, a data center company, introduced DeltaFlow, a cutting-edge liquid cooling system tailored for high-density compute needs and supercomputers. This data center liquid cooling technology is engineered to efficiently cool densities reaching up to 300 kW per rack.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Data center cooling industry size was USD 15.9 billion in 2023 and is expected to register over 13.5% CAGR from 2024-2032 owing to the rise of cloud computing services and ongoing innovations in cooling technologies worldwide.

The solutions segment recorded USD 10.6 billion in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to its comprehensive approach, and offering a range of technologies like air conditioning, liquid cooling, and containment systems.

North America data center cooling industry held over 35% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to presence of a robust infrastructure and early adoption of advanced technologies in the region.

ABB Group, EVAPCO Inc., GEA Group Aktiengesellschaft, Hamon Group, Johnson Controls Inc., Nortek Air Solutions, LLC, Rittal GmbH & Co., KgSchneider Electric SE, Stulz GmbH, and Vertiv Co., are some of the major data center cooling companies worldwide.