Slow adoption and electricity outages in the Asia-Pacific region are major challenges to the data center liquid cooling market
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The Asia-Pacific data center liquid cooling market (excluding China), valued at $873.3 million in 2023, is expected to reach $9.70 billion by 2033, exhibiting a robust CAGR of 27.23% during the forecast period 2023-2033. The expansion of the APAC data center liquid cooling industry is significantly influenced by the emergence of cutting-edge technologies and the growing demand for energy-efficient cooling solutions. Several key drivers are contributing to this market's expansion, including the increasing need for cooling solutions that are both energy-efficient and space-saving. Moreover, the pursuit of lower operating costs and enhanced overclocking capabilities is propelling the adoption of liquid cooling solutions in data centers. This report comes with 10% free customization, enabling you to add data that meets your specific business needs.
The introduction of emerging technologies such as artificial intelligence and blockchain, along with the evolving landscape of high-density computing, presents significant opportunities for manufacturers in the APAC data center liquid cooling sector. Liquid cooling technologies offer a pathway to achieve higher processing density within the same physical space by effectively dissipating heat, allowing data centers to maximize their processing power without the need for extensive changes to their physical infrastructure.
Market Introduction
The growing need for energy-efficient cooling solutions in response to the region's expanding digital infrastructure is driving the robust expansion of the Asia-Pacific (APAC) data center liquid cooling market. With the advent of cloud computing, IoT, AI, and 5G technologies, data creation is increasing and conventional air conditioning techniques are finding it harder to manage the heat produced by high-density data centers. The use of liquid cooling, which is well-known for its exceptional efficiency, is growing in popularity since it may dramatically cut operating costs, enhance performance, and consume less energy.Key players in this market include China, India, Japan, and South Korea; these nations are propelled by the country's rapid digitalization, the emergence of hyperscale data centers, and government programs supporting green technology. Immersion cooling and direct-to-chip cooling are two examples of liquid cooling methods that provide enhanced thermal management, making them essential for maintaining server performance and sustainability.
As liquid cooling technologies help lower carbon footprints and energy consumption, environmental restrictions and sustainability goals in the APAC area are further driving the adoption of these solutions. The APAC data center liquid cooling market is expected to increase significantly as a result of ongoing expenditures in data center infrastructure and an increasing emphasis on energy efficiency. This market is essential to the region's aspirations to undergo a digital transformation.
Market Segmentation
Segmentation 1: by End Use Industry
- IT and Telecom
- Banking, Financial Services, and Insurance (BFSI)
- Government and Public Sector
- Healthcare
- Manufacturing
- Retail
- Others
Segmentation 2: by Data Center Type
- Hyperscale Data Center
- Enterprise Data Center
- Colocation Data Center
- Others
Segmentation 3: by Country
- Japan
- India
- Australia
- Singapore
- South Korea
- Rest-of-Asia-Pacific
How can this report add value to an organization?
Product/Innovation Strategy: The product segment helps the reader understand the different application and product segments of APAC data center liquid cooling and their potential in APAC Region. Moreover, the study gives the reader a detailed understanding of the different regulations, consortiums and associations, and government programs impacting the liquid cooling manufacturers for various purposes, including data centers.Growth/Marketing Strategy: The Asia-Pacific data center liquid cooling market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been partnership, collaboration, and joint venture activities to strengthen their position in the APAC data center liquid cooling market.
Competitive Strategy: Key players in the Asia-Pacific data center liquid cooling market analyzed and profiled in the study involve liquid cooling providers, including market segments covered by distinct product kinds, applications served, and regional presence, as well as the influence of important market tactics employed. Moreover, a detailed competitive benchmarking of the players operating in the APAC data center liquid cooling market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.
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Table of Contents
Executive SummaryScope and Definition
1 Market: Industry Outlook
2 Regions
3 Markets-- Competitive Benchmarking & Company Profiles
4 Research Methodology
List of Figures
List of Tables
Executive Summary
The Asia-Pacific data center liquid cooling market (excluding China) is estimated to reach $ 2.60 billion in 2027, reveals the premium market intelligence study. The study also highlights that the market is set to witness a CAGR of 31.51% during the forecast period 2022-2027.The Asia-Pacific Data Center Liquid Cooling Market: Driver and Challenges
The increasing need to expand storage capacity has surfaced as a significant factor in setting up more data centers. As per Huawei, the worldwide data center demand is likely to grow by three to 10 times by 2030. Due to the growing electricity usage and increasing carbon emissions from data centers, the necessity for green data centers is expected to grow over the forecast period, thus driving the data center liquid cooling market in the Asia-Pacific region.Slow adoption and electricity outages in the Asia-Pacific region are major challenges to the data center liquid cooling market to develop in this region.
USPs of report
- Market share analysis based on product portfolio, recent developments, and regional spread
- Patent analysis
Analyst’s Perspective on Asia-Pacific data center liquid cooling market
The Principal Analyst states, 'The data center liquid cooling technologies are expected to be a great replacement of the conventional air based data center cooling techniques. Growing demand for sustainable technologies and ongoing policy changes such as Europe Green Deal which mandates European Data Centers to become Carbon neutral by 2030 are some of the key factors contributing the growth of this market. Although a promising technology for the industry, many data center operators are reluctant to change. This is majorly due to higher initial cost and lack of standardization'Key Questions Answered in the Report
- What is the estimated Asia-Pacific data center liquid cooling market size in terms of revenue for the forecast period 2022-2027, and what is the expected compound annual growth rate (CAGR) during the forecast period 2022-2027?
- What are the key trends, market drivers, and opportunities in the market pertaining to data center liquid cooling?
- What kinds of new strategies are being adopted by the existing market players to expand their market position in the industry?
- Which are the major patents filled in the space?
Companies Mentioned
- The key companies in the Asia-Pacific Data Center Liquid Cooling Market include:
- PEZY Computing Inc.
- Firmus Technologies Pty Ltd
- Shenzhen MicroBT Electronics Technology Co., Ltd
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 79 |
Published | October 2024 |
Forecast Period | 2023 - 2033 |
Estimated Market Value ( USD | $ 873.3 Million |
Forecasted Market Value ( USD | $ 9709 Million |
Compound Annual Growth Rate | 27.2% |
Regions Covered | Asia Pacific |
No. of Companies Mentioned | 4 |