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(MoneyNewsWire.Net, June 01, 2018 ) The Data center liquid cooling market is estimated to grow from USD 827.8 Million in 2016 to USD 2969.8 Million by 2021, at a high Compound Annual Growth Rate (CAGR) of 29.11% during the forecast period. Liquid cooling data center solutions are gaining a significant importance among organizations as they are scalable and universally designed. Liquid cooling data center concept uses mineral-based or chilled water coolants to address the rising temperatures within data centers and facilitates efficient heat removal. The enterprises are moving beyond the traditional concepts of air cooling for data centers to address rapid technology changes and today’s business needs, that is helping in the increasing adoption of liquid cooling approach.
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The report provides detailed insights into the global data center liquid cooling market, which is segmented by cooling solutions, services, data center type, industries, and regions. In the segment of cooling solutions, indirect liquid cooling holds a higher market share as it facilitates easy addition of cooling infrastructure and provides a smoother transition from traditional systems; whereas, direct liquid cooling solutions show great growth opportunities and is anticipated to overtake indirect liquid cooling market by the next five years. Data center direct liquid cooling solutions enable low costs and reliable cooling for a variety of data center needs. This technology has become popular amongst enterprises and is expected to decide the future of data centers. In terms of services, installation and deployment services are expected to dominate the market and contribute the largest market share; whereas, support and maintenance is set to grow at the highest CAGR during the forecast period. Growing investments in liquid cooling data centers across the world and the increasing adoption of these solutions are further fueling the growth of the market.
The report covers all the major aspects of the data center liquid cooling market and provides an in-depth analysis across the regions of North America, Europe, Asia-Pacific (APAC), the Middle East & Africa (MEA), and Latin America. The market in North America is expected to hold the largest share of the market. The APAC region is projected to have great opportunities in this market and would grow at the highest CAGR by 2021, due to the presence of various developing countries, growing number of data centers and an increasing adoption of liquid cooling data center technology.
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However, high investments in pre-existing infrastructure may act as the restraining factor for the market. Various vendors are coming up with innovative data center liquid cooling solutions and products due to the emerging demand for high energy-efficient data centers and reducing carbon footprints. Schneider Electric provides indirect type of data center liquid cooling solutions & services, and has decades of experience in data center and related infrastructure offerings. It has also adopted strategies as new product development and collaborations in this market. The other major vendors providing liquid cooling data center solutions and services are Asetek (Denmark), Rittal GmbH and Co. Kg. (Germany), Emerson Electric Co. (U.S.), IBM Corporation (U.S.), Midas Green Technologies LLC (U.S.), Allied Control Ltd. (Hong Kong), Green Data Center LLP (Malaysia), and Horizon Computing Solutions (France). These players adopted various strategies such as new product launches, partnerships, collaborations, and expansions to become competitive in the market.
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