Global Data Center Cooling Market will record over 13.5% CAGR from 2024 to 2032 , according to research by Global Market Insights.
Advancements in cooling technologies enhance efficiency and performance. Innovations such as liquid cooling, immersion cooling, and advanced air cooling systems enable data centers to manage increasing heat loads from high-density computing environments more effectively. These cutting-edge solutions not only improve energy efficiency but also reduce operational costs and environmental impact. Additionally, the integration of AI and IoT for real-time monitoring and optimization further enhances cooling precision and reliability.
To that end, in July 2024, Chilldyne, a provider of direct-to-chip liquid cooling solutions, released a data center liquid cooling starter kit designed to prepare facilities for AI-driven workloads. With high-density racks reaching up to 150 kW and potentially higher in the future, data center operators must equip themselves with next-generation cooling technology. This solution enables data centers to quickly adapt and efficiently cool the next-generation chips from NVIDIA, Intel, AMD, and other leading manufacturers.
As data centers expand and evolve, these technological advancements are crucial in meeting the growing demand for robust and sustainable cooling solutions, thus favoring data center cooling market growth.
The overall data center cooling industry is categorized based on component, cooling technique, end use, data center size, and region.
The service segment of the data center cooling market will register a noteworthy CAGR through 2032, owing to the increasing demand for efficient thermal management in high-density data centers. As data centers evolve to handle more complex and larger volumes of data, they generate more heat, necessitating advanced cooling solutions to maintain optimal performance and prevent overheating. Additionally, with an upsurge in edge computing, IoT devices, and cloud services, data centers are expanding their infrastructure, flourishing the need for effective cooling systems to ensure reliability, energy efficiency, and reduced operational costs.
The medium data center segment will possess a notable data center cooling market share by 2032, primarily because of the growth in digital transformation initiatives and cloud computing adoption among medium-sized enterprises. Medium data centers are expanding their proficiency to accommodate more servers and storage equipment, resulting in higher heat generation. Effective cooling solutions are essential to maintaining optimal operating conditions and ensuring the reliability and longevity of critical IT infrastructure. As medium-sized data centers strive for efficacy and sustainability, the adoption of advanced cooling technologies becomes vital to curb thermal obstacles and manage operational costs effectively.
APAC to Emerge as a Lucrative Market
Asia Pacific data center cooling market is escalating due to rapid digitalization and the proliferation of cloud services across industries. As businesses and governments in the Asia Pacific embrace digital transformation, the need for robust data infrastructure expands, leading to larger and more heat-intensive data centers. Asia Pacific’s climate variability necessitates efficient cooling solutions to maintain optimal server performance and reliability. With increasing investments in data center expansion and technology upgrades, there is a heightened focus on implementing energy-efficient cooling systems to mitigate operational costs and environmental impact.
Data Center Cooling Market Players:
Major players operating in the market are ABB Group, Airedale International Air Conditioning Ltd., EVAPCO Inc., GEA Group Aktiengesellschaft, Hamon Group, Johnson Controls Inc., Nortek Air Solutions, LLC, Rittal GmbH & Co. Kg, Schneider Electric SE, Stulz GmbH, Vertiv Co.
Source: https://www.gminsights.com/industry-analysis/data-center-cooling-market