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The developing IT infrastructure and the increasing demand for noiseless cooling systems are driving the market for data centre liquid cooling system. This can be attributed to the growing importance of data centre infrastructure and the need to manage large quantities of data owing to the rapid digitalisation. In addition, the availability of cost-effective and clean cooling solutions that allow for green computing is expected to further propel the market growth. Furthermore, the rapid technological advancements and the adoption of advanced technological solutions such as artificial intelligence, machine learning, blockchain, and others are projected to support the market growth in the forecast period.
Several companies are competing and collaborating to escalate their market potential by introducing advanced solutions and systems, which are predicted to aid the market growth. For instance, in April 2021, Microsoft Corporation (NASDAQ: MSFT) declared that it is the first cloud provider that is running two phase immersion cooling in a production environment. This liquid immersion cooling enables flexibility, while being sustainable and cost-effective than the air-cooling system. Furthermore, Aspen Systems Inc. (NASDAQ: AZPN), one of the key industry players, offers Liquid Chiller Modules Series with products such as LCM 600, LCM 900, and LCM 1400. All these provide cooling with flexibility. These products can be used in a variety of industries including electronics. Such developments are expected to invigorate the data centre liquid cooling system industry in the forecast period.
Market Analysis by Type, Data Centre Type, End Use, and Region:
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The major players in the global data centre liquid cooling system market are Asetek, Inc., Schneider Electric, Submer Technologies SL., Green Revolution Cooling, Inc. (GRC), Munters Europe AB, and Aspen Systems Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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