The global data center cooling market forecast by investment is expected to grow at a CAGR of 5.64% during the period 2022-2027, according to a new report that has been added to ResearchAndMarkets.com's offering.
The report, "Global Data Center Cooling Market - Outlook & Forecast 2022-2027," reveals that the deployment of artificial intelligence and machine learning workloads has aided the growth of rack power density in data centers. As per a survey by the Uptime Institute, a majority of data center operators are designing their facilities to support over 20 kW per cabinet. These high-density environments lead to higher utilization of liquid immersion and direct-to-chip cooling techniques. The market has witnessed several innovations over the past years in cooling systems.
Innovation in the free cooling space, especially with the use of outside air to cool data centers without any on-site water requirement, will continue to aid the growth during the forecast period, the report says. Data center operators in Western Europe are mainly using free data center cooling solutions. Free cooling chillers with waterless cooling systems with indoor CRAC units are also gaining popularity among data centers
According to the report, other cooling units in the cooling system segment depend on the design of data center facilities. Humidifiers are used to identify the humidity of the data hall with the supply of cold air. Many data centers are being built with water-based cooling techniques and are likely to use on-site water treatment plants to conserve water. These plants, coupled with energy-efficient infrastructure, will provide additional water-saving opportunities. Thereby, cooling techniques are expected to grow at a steady pace during the forecast period.
The report also says that the market will witness “intense competition” across the globe as the construction of data centers grows, and data center operators are constantly looking out for energy-efficient and eco-friendly cooling systems. Vendors are partnering with modular data center developers and direct liquid cooling providers to grow their revenue, and this trend will continue during the forecast period.
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