Data Center Liquid Immersion Cooling Market Growth Accelerated by Energy Efficiency Improvements

 

Data Center Liquid Immersion Cooling Market

Data center liquid immersion cooling involves submerging servers and other critical hardware in a non-conductive coolant, usually a specially formulated dielectric fluid or fluorocarbon, to remove heat more effectively than with air cooling. This allows data centers to run servers at higher densities without overheating and reduces the energy needed for cooling. More and more companies are adopting this technology as it can reduce cooling-related energy costs by around 40-60%, allowing for more compact data centers which take up less space. The global data center liquid immersion cooling market is estimated to be valued at US$ 167.07 Mn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

 

Market Dynamics:

 

One of the key drivers for growth in this market is the rising demand for energy efficient cooling solutions from hyperscale data center operators aiming to reduce operating expenses. Data centers require huge amounts of power, with cooling accounting for around 40% of total energy consumed globally. Liquid immersion cooling is a far more effective method of removing excessive heat generated by servers packed tightly in data centers as compared to traditional air cooling techniques. This improved thermal management allows servers to operate at full capacity without overheating issues. The ability to house more servers in less physical space using liquid immersion cooling results in data centers occupying smaller footprints, which is another major driver for adoption. With growing digitization leading to rising data volumes, hyperscale cloud companies are building numerous new data centers to accommodate this growth in more sustainable, cost-effective ways.

 

SWOT Analysis

Strength: The data center liquid immersion cooling market offers higher efficiency and power density compared to traditional air cooling techniques. The technique can save up to 90% of the energy required for cooling servers and other devices. Immersion cooling also provides up to 50% higher power densities, allowing data centers to pack more computing power into less space. Immersion cooling eliminates concerns over failures in air circulation systems or hot spots developing, providing more reliable operations.

Weakness: Liquid immersion cooling techniques require a significant upfront capital investment compared to traditional air cooling. Retrofitting existing data center infrastructure can be complex and disrupt operations. Some immersion cooling solutions also require specialized container designs that drive up costs. Potential risks of leaks and spills could damage servers and disrupt operations.

Opportunity: Increasing construction of hyperscale data centers and demand for edge computing infrastructure will drive demand. More enterprises are embracing liquid cooling solutions to achieve higher power output needed for AI/ML workloads. Growth in 5G networks and IoT will spur the need to site edge data centers which are well-suited applications for immersion cooling. Continued development of less complex and compact immersion cooling designs can help overcome adoption barriers.

Threats: Higher electricity costs could hamper market growth if energy prices rise substantially. Technologies like direct liquid cooling of chips and two-phase immersion may emerge as substitutes if they prove more cost-effective. Rising environmental regulations on fluid usage represent installation challenges.

 

Key Takeaways

 

The Global Data Center Liquid Immersion Cooling Market Demad is expected to witness high growth. The market size is projected to reach US$ 167.07 Mn by 2024.

Regional Analysis: North America currently dominates the market due to high density of data centers and growing hyperscale infrastructure in the region led by the US. The Asia Pacific region is expected to be the fastest growing market for immersion cooling led by increasing investments in cloud and data center services in China, India, Japan and other countries.

 

Key players operating in the data center liquid immersion cooling market are Novo Nordisk A/S, Eli Lilly and Company, Sanofi S.A., Julphar Gulf Pharmaceutical Industries, Biocon Limited, Bioton S.A., Gan & Lee Pharmaceuticals, Ltd., Zhuhai United Laboratories Co., Ltd., Wanbang Biopharmaceuticals Co., Ltd., and Dongbao Enterprise Group Co., Ltd. Novo Nordisk and Eli Lilly are established players focusing on building specialized immersion cooled container and rack solutions. Newer players like Gan & Lee Pharmaceuticals are launching modular immersion systems targeting edge data centers applications. The market is also witnessing partnerships to develop optimized cooling solutions for GPU and CPU-heavy workloads.


Get More Insights Here

https://www.newswirestats.com/data-center-liquid-immersion-cooling-market-size-share-growth-outlook-2023/

Comments

Post a Comment

Popular posts from this blog

"Global Heparin Market: Current Trends and Future Prospects"

Image
  Heparin, a crucial anticoagulant, has been a mainstay in the pharmaceutical industry for many years. It plays a pivotal role in preventing and treating conditions such as deep vein thrombosis, pulmonary embolism, and various cardiovascular diseases. As we delve into the current state of the heparin market, we will explore the trends, challenges, and opportunities that shape this vital segment of the pharmaceutical industry. Market Overview: The global heparin market has experienced steady growth over the years, driven by an aging population, increasing cases of cardiovascular diseases, and a rising awareness of the importance of anticoagulants in healthcare. Heparin is available in various forms, including unfractionated heparin (UFH) and low molecular weight heparin (LMWH), each with its own set of applications and market dynamics. Trends: 1.      Rising Demand for LMWH : Low molecular weight heparin is gaining popularity due to its ease of administr...
Read more

"Advancements in Cystic Fibrosis Treatment: A Comprehensive Market Analysis"

Image
  The cystic fibrosis market has seen significant advancements and changes in recent years. Cystic fibrosis is a genetic disorder that affects the lungs and digestive system, leading to thick and sticky mucus production that can cause serious respiratory and digestive complications. The introduction of new therapies and treatments, such as CFTR modulators, has revolutionized the management of cystic fibrosis, offering hope and improved quality of life for patients. These drugs target the underlying genetic mutations responsible for the condition, helping to alleviate symptoms and slow disease progression. However, challenges remain in the cystic fibrosis market . Access to these ground-breaking therapies can be limited due to high costs, and ongoing research is needed to develop treatments for all genetic mutations associated with the disease. Additionally, the market continues to evolve as new therapies and innovations emerge. Collaborative efforts between pharmaceutical compani...
Read more

Botanical Packaging is Estimated to Witness High Growth Owing to Growing Environmental Concerns

Image
  Botanical Packaging Market Botanical packaging involves using various plant-based materials like corn starch, wheat starch, soy protein, bamboo, bagasse as raw materials for manufacturing boxes, cartons, bags and wrapping films for packaging applications. These biodegradable materials offer attractive sustainability advantages over traditional petroleum-based plastics. Botanical packaging finds widespread application in food, beverage, pharmaceutical, personal care and homecare industries for primary, secondary and tertiary packaging needs. The global botanical packaging Market is estimated to be valued at US$ 138.24 Bn in 2023 and is expected to exhibit a CAGR of 34% over the forecast period 2024 to 2031.   Market Dynamics: Growing environmental concerns about the menace of plastic pollution have been fuelling adoption of sustainable packaging alternatives globally. One of the key drivers for botanical packaging market is the stringent government policies and regulati...
Read more