Pune, India, September 13, 2021 (GLOBE NEWSWIRE) – The world data center liquid immersion cooling market is poised to gain momentum with the implementation of next-generation processors to support analytical programs, artificial intelligence (AI) and machine learning. Fortune Business Insights ™ provided this information in an upcoming study, titled “Data Center Liquid Immersion Cooling Market Size, Industry Share and Analysis, By Component (Solution, Services), By Data Center Type (Small and Medium Data Center, Large Data Center, enterprise data centers), by industry (BFSI, Government, Energy, Industry, Healthcare, IT & Telecommunications, Others) and regional forecast 2021-2028. The study further mentions that liquid immersion cooling solutions for data centers are able to increase efficiency by cooling multiple components. They are also very cost effective.
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How did we prepare this report?
We follow a comprehensive research methodology that primarily focuses on providing genuine and authentic information. We have adopted a data triangulation model which helps us immensely in offering accurate estimations and assessing market dynamics for liquid immersion cooling in data centers. In addition, we have access to several global and regional paid databases. These also help us collect data on market trends and drivers.
Drivers and constraints-
Increased demand for massive energy to support growth
The high demand for massive power for operation is expected to accelerate the growth of the data center liquid immersion cooling market in the coming years. New generation processors tend to generate a large amount of heat, which often necessitates the use of liquid immersion cooling systems. To enable computing in smaller spaces, liquid cooling solutions are needed, especially for high density computing. In addition, several companies are striving to develop unique liquid immersion cooling solutions for data centers to attract more customers. However, the lack of a skilled workforce to manage these solutions can hamper growth.
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North America to Dominate with Increased Number of Data Centers
Geographically, North America is expected to capture the highest data center liquid immersion cooling market share in the near future. The growing number of data centers in this region is expected to contribute to this growth. Coupled with this, the presence of many reputable solution providers in the region would also promote growth.
Asia-Pacific, on the other hand, is expected to show remarkable growth over the next few years. This growth is attributable to the expansion of the IT sector in developing countries. Apart from this, the growing demand for cloud computing in this region will also drive regional growth.
Some of the key questions this report answered:
- What targeted approaches and constraints are holding back the demand for the Data Center Liquid Immersion Cooling market?
- SWOT analysis of each key player defined with their profile and Porter’s five forces analysis to complete the same.
- What trends, challenges, and hurdles will impact the development and sizing of the global data center liquid immersion cooling market?
- A detailed market overview will help clients and businesses to strategize.
- Influencing factors driving demand and latest trends in the data center liquid immersion cooling market.
- Market forecast for the global market divided into segments such as region, product, application, end user, technology etc.
- What are the market growth dynamics or is the market carrying over the forecast period?
- Which region could harness the highest data center liquid immersion cooling market share in the next era?
- What category of application / end user or what type of product can look for incremental growth prospects?
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Key companies focus on partnerships and collaborations to compete with their rivals
The data center liquid immersion cooling market is highly fragmented with the presence of many companies. They mainly engage in the strategy of collaboration and partnership to develop new solutions. Some of the others are focused on getting new orders from reputable companies to compete in the market. Here are the two latest developments in the industry:
- november 2020: Crédit Agricole, a financial services company based in France, has started using the Asperitas immersion cooling system in its Mainvilliers data center. This will help reduce energy costs and the environmental impact of the data center. In addition, it is designed to support high energy density for new applications.
- november 2020: Lenovo has partnered with Iceotope to develop an integrated immersion-cooled micro data center for high performance computing (HPC). This will help deliver ThinkSystem SR670 servers.
A list of all major providers of liquid immersion cooling solutions for data centers present in the global market:
- Cooling Green Revolution
- Submer Technologies SL
- Iceotope technologies
- Midas Green Technologies
- Other key market players
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