Europe Data Center Liquid Cooling Market Trends: Future Demand, Share, Growth Opportunities, and Outlook 2036
The Europe Data Center Liquid Cooling Market is to generate significant revenue by the end of 2035. This growth is anticipated by rising investment in data centers. Investment in data centers will spread throughout Europe. In order to reduce latency for the expansion of 5G mobile edge, video streaming, and gaming services. For instance, the market for European data centers saw investments of around USD 7 billion in 2021. These investments are expected to have climbed to USD 11 billion by 2027.
Growing Utilization of GPU in AI Training to Promote Global Market Share of Data Center Liquid Cooling
The global data center liquid cooling market is estimated to grow majorly on account of the increased usage of GPU in AI training. The effects are felt throughout the enterprise’s servers as a result of growing adaptation to AI and big data. Traditional microprocessors did not process the information coming from data center GPUs in an efficient manner. Datacenter GPUs are used for data center applications, including information on Deep Learning Technologies, and enterprise-level performance, and have been developed to handle larger-scale projects. The increased use of GPU worldwide also leads to a rise in the consumption of data center air conditioning.
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Some of the major growth factors and challenges that are associated with the growth of the global data center liquid cooling market are:
Growth Drivers:
· Surge in the Prevalence of Digitalization
· Rising Adoption of Advanced Technologies
Challenges:
Compared to constructing air cooling systems, installing liquid cooling systems is more expensive, and the parts and accessories needed for liquid cooling have to be of a certain quality. Additionally, the setup of liquid cooling systems requires specialized equipment made of various pricey materials like bronze, cupronickel, or titanium, which raises the entire capital expense. The market for liquid cooling in data centers is expected to be constrained by expensive prices. Also, lack of standardization is one of the major factors anticipated to hamper the global market size of data center liquid cooling.
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By end user, the global data center liquid cooling market is segmented into BFSI, IT & telecom, government & defense, healthcare, retail, manufacturing, energy, research & academic. The IT & telecom segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. With the increase in operating costs and stricter safety regulations on environmental protection imposed by various governments, there has been an increasing demand for efficient chilling solutions in telecommunications and information technology. For this purpose, air conditioning systems are used in both indoor and outdoor shelters, electronic enclosures, or telecommunication cabinets.
This report also provides the existing competitive scenario of some of the key players of the global data center liquid cooling market which includes company profiling of Switch Datacenters, Baltimore Aircoil Company, Brentwood Industries Inc., Paharpur Cooling Towers Ltd., SPX Cooling Tech LLC., Airedale International Air Conditioning Ltd., and others.
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