Data Center Liquid Cooling Market to Surpass $3B by 2026
July 29, 2020 -- Compute-intensive applications, such as IoT and AI, are driving the requirement for high chip performance. These power-dense applications use Graphical Processing Units (GPUs) that require efficient cooling. A rapid rise in demand for these applications further increases the chip density, decreasing rack space. Liquids have a high magnitude of heat capacity than air. The heat-carrying capacity of liquids is around 3,500 times greater than that of air.
According to a new research report by Global Market Insights, Inc. Data Center Liquid Cooling Market size is set to surpass USD 3 billion by 2026,
Growing concerns over increasing energy consumption by the equipment are fueling the need for energy-efficient data center liquid cooling solutions. The rise in the energy consumed by data centers has prompted several government organizations to focus on Power Usage Effectiveness (PUE) and energy consumption reductions.
The Direct-to-Chip (D2C) cooling technology segment in the data center liquid cooling market will witness steady growth during the forecast timeline. The direct-to-chip data center liquid cooling technology eliminates the need for expensive chillers, resulting in the reduction of CapEx for operators.
Data center market players are focusing on ways to increase the density without compromising on the compactness of the infrastructure. Rack-based cooling systems operate inside the enclosure, eliminating the need for in-row cooling systems. In D2C liquid-cooled systems, the use of hot & cold aisle is eliminated, providing more space for IT infrastructure to be aligned in the desired way. Furthermore, the elimination of fans used in traditional air-cooled systems further increases the available space.
With a sharp rise in cloud data centers for high processing power applications, such as machine learning & AI, servers are required to function constantly with the highest possible speeds. Efficient thermal management becomes crucial in keeping data centers running smoothly with a minimal downtime. Reducing the energy usage and total cost of ownership has become a key factor for data center market players to manage massive data center infrastructures
Rapid cloud adoption and an increase in the number of internet services among enterprises operating in the U.S. and Canada are proliferating the data center liquid cooling market share for hyper-scale facilities. In January 2020, iland Internet Solutions, a cloud service provider of secure hosting of infrastructure, launched a new cloud region in Canada, with its new data center facility in Ontario. The development of the cloud computing & data center industry in the region will boost the market demand for advanced cooling solution.
The data center liquid cooling market is niche with established players dominating the industry value chain. Market players are collaborating and partnering with other stakeholders to offer innovative solutions for High-Performance Computing (HPC) and edge data centers. For instance, in November 2019, Asetek, Inc. expanded its liquid-cooled server product portfolio that specifically targeted applications such as AI and HPC. Based on Asetek liquid cooling technology, integrated rack systems from Supermicro will optimize the output by maximizing processor and interconnect performance. This will enable efficient cooling in high-density CPUs and GPUs.
Global Market Insights Inc. has a market report dedicated to CRT devices, available at: https://www.gminsights.com/industry-analysis/data-center-liquid-cooling-market
Source: Global Market Insights, Inc.