Is Data Center Liquid Immersion Cooling Market Estimated To Witness High Growth Owing To Rising Demand For Power-efficient Cooling Solutions
Data center liquid immersion cooling The data center liquid immersion cooling market is estimated to be valued at US$ 167.70039 Mn or in 2023 and is expected to exhibit a CAGR of 26.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Data center liquid immersion cooling is a technique of immersing servers, networking equipment, and other heat-generating components in a non-conductive liquid such as mineral oil, synthetic hydrocarbon, or fluorocarbon liquid. This helps in more efficient heat dissipation as compared to air cooling. Data center operators are adopting liquid immersion cooling as it helps reduce cooling costs by around 20–40% compared to traditional air cooling. It also reduces the required data center footprint by around 80% as density can be increased significantly with liquid cooling. Market Dynamics: The data center liquid immersion cooling market is driven by rising demand for power-e...