- In June 2024, Perstorp, a prominent specialty chemicals company under PETRONAS Chemicals Group Berhad (PCG), partnered with Intel's Open IP Advanced Liquid Cooling team to develop a groundbreaking synthetic thermal management fluid tailored for immersion cooling in data centers. Utilizing Intel's SuperFluid technology, which innovatively employs air as a lubricant, this advanced solution significantly enhances cooling capabilities, increasing management capacity from 500 W to an impressive 800 W per chip
- In May 2024, STULZ Modular, a leading provider of modular data center solutions and a subsidiary of STULZ GmbH, collaborated with Asperitas to investigate the potential of liquid cooling technologies. This strategic partnership aims to leverage immersion cooling to optimize performance in high-density data center environments. Their focus is on a modular data center concept, incorporating innovative immersion cooling solutions that can be deployed in both indoor and outdoor installations
- In April 2024, Schneider Electric reaffirmed its commitment to India by announcing a significant investment of USD 438.4 million, establishing the country as a key manufacturing hub. The inauguration of a state-of-the-art facility in Bengaluru, initiated with an investment of USD 130 million, highlights the company’s goal to address the increasing demand for data center cooling solutions, catering to India's rapidly evolving data center ecosystem
- In March 2024, Daikin Applied introduced the Navigator WW water-cooled screw chiller, utilizing low-global warming potential (GWP) R-513A refrigerant, providing an eco-friendly cooling solution for customers. This innovative chiller enhances energy efficiency and can be paired with the optional Templifier TW water heater for effective heat recovery solutions, ensuring cost-effectiveness and sustainability for various cooling applications within data centers and industrial settings
- In February 2024, SK Enmove announced a Memorandum of Understanding (MOU) aimed at fostering cooperation on next-generation cooling solutions. This partnership involves collaboration with SK Telecom and Precision Liquid Cooling Iceotope Technologies, focusing on the development of innovative liquid cooling technologies. The initiative seeks to enhance the efficiency and sustainability of cooling solutions in various applications, addressing the growing demands for advanced thermal management in data centers
Frequently Asked Questions
The market is segmented based on Segmentation, By Component (Solutions and Services), Type of Cooling (Cold Plate Liquid Cooling, Immersion Liquid Cooling, and Spray Liquid Cooling), Data Center Types (Small and Mid-Sized Data Centers and Large Data Centers), Enterprise (BFSI, IT and Telecom, Media and Entertainment, Healthcare, Government and Defence, Retail, Research and Academic, and Others ), End-User (Cloud Providers, Colocation Providers, Enterprises, and Hyper scale Data Centres) – Industry Trends and Forecast to 2031
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The Global Data Center Liquid Cooling Market size was valued at USD 2.82 USD Billion in 2023.
The Global Data Center Liquid Cooling Market is projected to grow at a CAGR of 24.96% during the forecast period of 2024 to 2031.
The major players operating in the market include , ALFA LAVAL , Asetek , Asperitas , BlackBox , Boyd , Chilldyne , COOLIT SYSTEMS , DCX , Fujitsu , Green Revolution Cooling , Iceotope Technologies Limited , LiquidStack and Allied Control , Motivair Corporation , Nortek Air Solutions LLC , Rittal GmbH & Co. KG , Schneider Electric , Submer , Wiwynn Corporation , ZutaCore , JETCOOL Technologies ,.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
