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    Asia Pacific Data Center Liquid Cooling Market Forecast 2028 By End-use (Enterprise [BFSI, Retail & E-commerce, Government, Healthcare, Manufacturing, IT Enabled Services (ITeS)], Telecom Service Providers, Cloud Service Providers), By Component (Solution [Direct-to-Chip, Immersive {IT Chassis, Tub/Open Bath}], Services [Managed, Professional]), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share
    Published Date: July 2022   |   Report ID: GR2145   |   Delivery: PDF  Request Free Sample

    Asia Pacific Data Center Liquid Cooling Market size crossed USD 500 million in 2021 and is projected to exhibit a CAGR of 25% between 2022 and 2028.

    Asia Pacific Data Center Liquid Cooling Market, By Country

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    The demand for data center liquid cooling solutions from cloud service providers is expected to grow owing to the rising need for data centers to fulfill government concerns regarding customer data safety. For instance, data localization requirements from major data center operators to process, store, and analyze data within China's boundaries are mandated by China's Cybersecurity Law. This has prompted cloud service companies to set up data centers in the country to safely process enormous data. In March 2022, Microsoft Azure opened its fifth new data center in China to double the capacity of Microsoft's cloud portfolio for various industry verticals.

    Asia Pacific Data Center Liquid Cooling Market, By End-use

    The BFSI sector is progressively storing and processing sensitive consumer information, necessitating the need for robust liquid cooling solutions. The increasing use of online transaction activities and digital transfers supports will boost the market growth. For instance, in January 2022, Mastercard collaborated with Wakayama Prefecture to promote digitalization and contactless transaction networks for SMEs in Singapore. Mastercard is supporting the adoption of standard cashless payment solutions including contactless payments using smartphones and IC cards in Singapore. This factor will increase the demand for direct-to-chip cooling systems in data centers to keep a check on the energy consumption levels and provide peak performance for higher power or overclocked processors.

    Increasing government initiatives to promote digital healthcare solutions will provide impetus to the data center liquid cooling market, enabling regulated heat transfer in the IT infrastructure. For instance, in February 2022, the Government of India created an open platform to integrate the digital health ecosystem (ABDM) under the Ayushman Bharat Digital Health Mission. The platform comprises digital health provider & facility databases, additional health identities, a permission framework, and unified access to healthcare resources. The demand for data center liquid cooling solutions will further increase as the proper functioning of critical medical devices requires advanced heat management systems and services to ensure that machines do not shut down and operate even in high voltages & temperatures.

    Competitive Industry Landscape

    Prominent participants operating across the Asia Pacific data center liquid cooling market include The 3M Company, Alfa Laval AB, Asetek A/S, Bitfury Group Limited, Black Box Corporation, DCX The Liquid Cooling Company, Digital Realty Trust, Inc., Green Revolution Cooling (GRC), Inc., IBM Corporation, Mitsubishi Electric Corporation (Mitsubishi Group), Rittal GmbH & Co. KG, Schneider Electric SE, STULZ GmbH, and Vertiv, Co. The Companies are focusing on expanding their footprint by introducing advanced data center liquid cooling solutions that can reduce power consumption while increasing the performance of the IT equipment.


    Frequently Asked Question(FAQ) :

    How big is Asia Pacific data center liquid cooling market?
    The market size for data center liquid cooling in Asia Pacific was surpassed USD 500 million in 2021 and is predicted to register 25% CAGR during the forecast period of 2022-2028.
    Why are cloud service providers opting for data center liquid cooling solutions?
    Cloud service providers will capture a large share of the APAC industry by 2028 due to the growing demand for data centers to enhance customer data safety.
    How will the BFSI sector impact Asia Pacific data center liquid cooling industry growth?
    The market size for data center liquid cooling in Asia Pacific from the BFSI sector will record a strong growth rate through 2028 because the sector processes and stores massive volumes of customer information, which creates the need for robust liquid cooling solutions.
    Who are the top developers of data center liquid cooling solutions in the APAC region?
    Alfa Laval AB, 3M Company, Asetek A/S, Bitfury Group Limited, IBM Corporation, Schneider Electric SE, and Rittal GmbH & Co. KG, among many others, are the leading industry players.

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