Data center liquid cooling market: The major driver for the data center liquid cooling market is the increasing power and cooling demand of modern equipment

Market Overview:
Data center liquid cooling is also called as liquid immersion cooling. The data center liquid cooling works on the major principle of technology based on liquid submersion. This technology consists of server and other equipment related to IT inside a huge tank. Now, this tank consists of non-conductive coolants. These coolants absorb or rather dissolve the heat that is generated by these equipment. The heat is then circulated out of the system. The effective and uniform cooling of high thermal energy is the key reason to boost the global data center liquid cooling market. Data center liquid cooling is a very fast growing market with an average CAGR of 29.5% during the forecast period. As of 2018, the market was worth at 1.38 billion USD and is estimated to reach USD 5.03 billion by the year 2023.

Market drivers and restraints:
The key driver for the data center liquid cooling market is the rising power and cooling demand of modern equipment. Another driver driving the data center liquid cooling market is high heat load inside many data centers is making it hard to accommodate purchase of new equipment that is restricting the growth and limiting the expansion of the organizations.

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Report segmented as:
By type:
• Modular Liquid Cooling Units
• Door Units
• Integrated Rack-Based Liquid Cooling
• Liquid Cooling/Heat Exchangers for Hot Spots
• Device-Mounted Liquid Cooling

Geographical analysis:
The global data center liquid cooling market has been segmented all across the globe. But the major areas to focus are North America, Asia Pacific, Middle East & Africa (MEA), and South America. North America and South America are expected to lead the global data center liquid cooling market.

Important market players:
Key players in the market are Midas Green Technologies LLC, IBM Corporation, Horizon Computing Solutions, Asetek, Emerson Electric Co., Green Revolution Cooling Inc., Allied Control Ltd., Schneider Electric SE, Rittal GmbH and Co. Kg., and Green Data Center LLP.

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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

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