Table of Content

Executive Summary
Scope and Definition
1 Market: Industry Outlook
1.1 Trends: Current and Future Impact Assessment
1.1.1 Trends Shaping Data Center Liquid Cooling Market
1.1.2 Efficient Cooling Systems
1.1.3 Renewable Energy for Data Centers
1.1.4 Rising Demand for Edge Computing
1.1.5 Increased Interest in High-Performance Gaming and Bitcoin Minning Applications
1.1.6 Increased Data Requirements
1.1.6.1 Increasing Rack Power Density - New Data Center Reality
1.1.6.2 5G Services to Drive Exponential Growth in Data Centers
1.1.7 Surge in Investments toward Data Center Cooling Innovations
1.1.8 Data Center Power Consumption Scenario
1.1.9 Other Industrial Trends
1.1.9.1 HPC Cluster Developments
1.1.9.2 Blockchain Initiatives
1.1.9.3 Super Computing
1.1.9.4 Impact of Server/Rack Density
1.2 Supply Chain Overview
1.3 Research and Development Review
1.3.1 Patent Filing Trend (by Country and Company)
1.4 Regulatory Landscape
1.4.1 Regulations
1.4.2 Guidelines/Standards
1.5 Stakeholder Analysis
1.5.1 End User and Buying Criteria
1.6 Case Study
1.6.1 Immersion Cooling Technology
1.6.1.1 Advancing Data Center Cooling Efficiency: The University of Leeds’ Adoption of Fully Immersed Liquid-Cooled Servers
1.6.1.2 PeaSoup Cloud: Pioneering Eco-Friendly Cloud Services with Immersion Cooling Technology
1.6.1.3 Transforming Data Centers: Enhanced Efficiency with GRC’s CarnotJet System
1.6.1.4 Revolutionizing Data Center Cooling: OVHcloud’s Single-Phase Immersion Technology
1.6.1.5 Empowering Scientific Advancements with Immersion Cooling: PIC’s Success Story
1.6.1.6 Advancing Data Center Cooling Efficiency: KAORI and MIVOLT’s Immersion Cooling Solution
1.6.1.7 Advancing Data Center Sustainability with Two-Phase Immersion Cooling
1.7 Startup Landscape
1.8 Market Dynamics: Overview
1.8.1 Market Drivers
1.8.1.1 Increasing Data Center Spending
1.8.1.2 Growing Need for Hyperscale Data Centers
1.8.1.3 Reduction in Operational Costs
1.8.2 Market Restraints
1.8.2.1 High Investment Costs
1.8.2.2 Alternative Technologies Existing in the Market
1.8.3 Market Opportunities
1.8.3.1 Retrofitting Opportunities
1.8.3.2 Heat Repurposing from Liquid-Cooled Data Centers
1.8.3.3 Growth in Penetration Rate of Internet and Cloud Services
1.9 Data Center Dielectric Fluid Market Outlook
1.9.1 Selection Criteria for Dielectric Fluid for Data Center Immersion Cooling
1.9.2 Comparative Analysis for Different Liquid Cooling Technologies
1.9.3 Comparative Analysis for Dielectric Fluids
1.9.3.1 Rising Dielectric Fluid Usage Amid the Emergence of Liquid Cooling Trends
1.9.3.1.1 Comparison between Air and Liquid Cooling Technology
1.9.3.1.2 Green Innovation in Dielectric Fluids: Plant-Based Cooling Solutions for Data Centers and Crypto Mining Facilities
1.1 Impact of PFAS Ban on the Europe Data Center Liquid Cooling Outlook
1.10.1 Advantages and Disadvantages of PFAS
1.11 Historical Analysis of Liquid Cooling Deployment across Global Data Centers, 2018-2023
1.12 New Data Center Trends toward Adoption of Liquid Cooling, 2024-2034
1.13 Impact of Rising Rack Density on Data Center Liquid Cooling
2 Regions
2.1 Regional Summary
2.2 Europe
2.2.1 Regional Overview
2.2.2 Driving Factors for Market Growth
2.2.3 Factors Challenging the Market
2.2.4 Application
2.2.5 Product
2.2.6 Germany
2.2.6.1 Application
2.2.6.2 Product
2.2.7 France
2.2.7.1 Application
2.2.7.2 Product
2.2.8 Switzerland
2.2.8.1 Application
2.2.8.2 Product
2.2.9 Netherlands
2.2.9.1 Application
2.2.9.2 Product
2.2.10 Italy
2.2.10.1 Application
2.2.10.2 Product
2.2.11 Spain
2.2.11.1 Application
2.2.11.2 Product
2.2.12 Rest-of-Europe
2.2.12.1 Application
2.2.12.2 Product
2.3 U.K.
2.3.1 Regional Overview
2.3.2 Driving Factors for Market Growth
2.3.3 Factors Challenging the Market
2.3.4 Application
2.3.5 Product
3 Competitive Benchmarking & Company Profiles
3.1 Strategic Initiatives, 2020-2024
3.2 Market Share
3.2.1 Share of Strategic Initiatives, 2020-2024
3.3 Company Profiles
3.3.1 Asetek, Inc.
3.3.1.1 Overview
3.3.1.2 Top Products/Product Portfolio
3.3.1.3 Top Competitors
3.3.1.4 Target Customers
3.3.1.5 Key Personnel
3.3.1.6 Analyst View
3.3.1.7 Market Share
3.3.2 Asperitas
3.3.2.1 Overview
3.3.2.2 Top Products/Product Portfolio
3.3.2.3 Top Competitors
3.3.2.4 Target Customers
3.3.2.5 Key Personnel
3.3.2.6 Analyst View
3.3.2.7 Market Share
3.3.3 DCX INC.
3.3.3.1 Overview
3.3.3.2 Top Products/Product Portfolio
3.3.3.3 Top Competitors
3.3.3.4 Target Customers
3.3.3.5 Key Personnel
3.3.3.6 Analyst View
3.3.3.7 Market Share
3.3.4 Iceotope
3.3.4.1 Overview
3.3.4.2 Top Products/Product Portfolio
3.3.4.3 Top Competitors
3.3.4.4 Target Customers
3.3.4.5 Key Personnel
3.3.4.6 Analyst View
3.3.4.7 Market Share
3.3.5 Submer
3.3.5.1 Overview
3.3.5.2 Top Products/Product Portfolio
3.3.5.3 Top Competitors
3.3.5.4 Target Customers
3.3.5.5 Key Personnel
3.3.5.6 Analyst View
3.3.5.7 Market Share
3.3.6 Rittal GmbH & Co. KG
3.3.6.1 Overview
3.3.6.2 Top Competitors
3.3.6.3 Target Customers
3.3.6.4 Key Personnel
3.3.6.5 Analyst View
3.3.7 Legrand
3.3.7.1 Overview
3.3.7.2 Top Competitors
3.3.7.3 Target Customers
3.3.7.4 Key Personnel
3.3.7.5 Analyst View
3.3.8 STULZ GMBH
3.3.8.1 Overview
3.3.8.2 Top Competitors
3.3.8.3 Target Customers
3.3.8.4 Key Personnel
3.3.8.5 Analyst View
3.3.9 Danfoss
3.3.9.1 Overview
3.3.9.2 Top Products/Product Portfolio
3.3.9.3 Top Competitors
3.3.9.4 Target Customers
3.3.9.5 Key Personnel
3.3.9.6 Analyst View
3.3.10 nVent
3.3.10.1 Overview
3.3.10.2 Top Products/Product Portfolio
3.3.10.3 Top Competitors
3.3.10.4 Target Customers
3.3.10.5 Key Personnel
3.3.10.6 Analyst View
3.3.11 ALFA LAVAL
3.3.11.1 Overview
3.3.11.2 Top Products/Product Portfolio
3.3.11.3 Top Competitors
3.3.11.4 Target Customers
3.3.11.5 Key Personnel
3.3.11.6 Analyst View
3.3.12 Kelvion Holding GmbH
3.3.12.1 Overview
3.3.12.2 Top Products/Product Portfolio
3.3.12.3 Top Competitors
3.3.12.4 Target Customers
3.3.12.5 Key Personnel
3.3.12.6 Analyst View
4 Research Methodology
4.1 Data Sources
4.1.1 Primary Data Sources
4.1.2 Secondary Data Sources
4.1.3 Data Triangulation
4.2 Market Estimation and Forecast
List of Figures
Figure 1: Data Center Liquid Cooling Market (by Region), $Million, 2023, 2027, and 2034
Figure 2: Europe Data Center Liquid Cooling Market (by End-Use Industry), $Million, 2023, 2027, and 2034
Figure 3: Europe Data Center Liquid Cooling Market (by Data Center), $Million, 2023, 2027, and 2034
Figure 4: Europe Data Center Liquid Cooling Market (by Solution), $Million, 2023, 2027, and 2034
Figure 5: Relative Change in Global Data Center Energy Use Drivers
Figure 6: Companies Using Renewable Sources of Energy, 2021
Figure 7: Estimated Share of Worldwide 5G Adoption (Excluding IoT)
Figure 8: Anticipated Energy Consumption (by Data Center), TWh, 2023
Figure 9: Power Flows in a Typical Data Center
Figure 10: Supply Chain and Risks within the Supply Chain
Figure 11: Patent Filed (by Country), January 2021-December 2024
Figure 12: Patent Filed (by Company), January 2021-December 2024
Figure 13: Information Technology (IT) Spending on Data Centers, $Billion, 2012-2023
Figure 14: Estimated World Population and Number of Smart Devices Using Internet, 2020-2025
Figure 15: Historical Analysis: Estimated Number of Liquid Cooling Deployed Data Centers Globally, 2018-2023
Figure 16: Future Market Analysis: Estimated Share of Liquid Cooling Deployment in Global Data Centers with AI Workload Impact, 2024-2034
Figure 17: Average Data Center Rack Density (kW/Rack), 2013-2025
Figure 18: Evolution of Rising Thermal Demands of Data Center Chips
Figure 19: Germany Data Center Liquid Cooling Market, $Million, 2023-2034
Figure 20: France Data Center Liquid Cooling Market, $Million, 2023-2034
Figure 21: Switzerland Data Center Liquid Cooling Market, $Million, 2023-2034
Figure 22: Netherlands Data Center Liquid Cooling Market, $Million, 2023-2034
Figure 23: Italy Data Center Liquid Cooling Market, $Million, 2023-2034
Figure 24: Spain Data Center Liquid Cooling Market, $Million, 2023-2034
Figure 25: Rest-of-Europe Data Center Liquid Cooling Market, $Million, 2023-2034
Figure 26: Data Triangulation
Figure 27: Top-Down and Bottom-Up Approach
Figure 28: Assumptions and Limitations
List of Tables
Table 1: Market Snapshot
Table 2: Data Center Liquid Cooling Market, Opportunities across Regions
Table 3: Recent Investments and Developments in Data Center Liquid Cooling Innovations
Table 4: Impact Analysis of Market Navigating Factors, 2023-2034
Table 5: Comprehensive Assessment of Different Types of Dielectric Fluids
Table 6: Comparison between Dielectric Fluids based on Physical Parameters
Table 7: Comparison of Rack Density in Conventional and AI Data Center Application
Table 8: Cooling Technology Used by Data Center Thermal Capacity
Table 9: Data Center Liquid Cooling Market (by Region), $Million, 2023-2034
Table 10: Europe Data Center Liquid Cooling Market (by End-Use Industry), $Million, 2023-2034
Table 11: Europe Data Center Liquid Cooling Market (by Data Center), $Million, 2023-2034
Table 12: Europe Data Center Liquid Cooling Market (by Solution), $Million, 2023-2034
Table 13: Germany Data Center Liquid Cooling Market (by End-Use Industry), $Million, 2023-2034
Table 14: Germany Data Center Liquid Cooling Market (by Data Center), $Million, 2023-2034
Table 15: Germany Data Center Liquid Cooling Market (by Solution), $Million, 2023-2034
Table 16: France Data Center Liquid Cooling Market (by End-Use Industry), $Million, 2023-2034
Table 17: France Data Center Liquid Cooling Market (by Data Center), $Million, 2023-2034
Table 18: France Data Center Liquid Cooling Market (by Solution), $Million, 2023-2034
Table 19: Switzerland Data Center Liquid Cooling Market (by End-Use Industry), $Million, 2023-2034
Table 20: Switzerland Data Center Liquid Cooling Market (by Data Center), $Million, 2023-2034
Table 21: Switzerland Data Center Liquid Cooling Market (by Solution), $Million, 2023-2034
Table 22: Netherlands Data Center Liquid Cooling Market (by End-Use Industry), $Million, 2023-2034
Table 23: Netherlands Data Center Liquid Cooling Market (by Data Center), $Million, 2023-2034
Table 24: Netherlands Data Center Liquid Cooling Market (by Solution), $Million, 2023-2034
Table 25: Italy Data Center Liquid Cooling Market (by End-Use Industry), $Million, 2023-2034
Table 26: Italy Data Center Liquid Cooling Market (by Data Center), $Million, 2023-2034
Table 27: Italy Data Center Liquid Cooling Market (by Solution), $Million, 2023-2034
Table 28: Spain Data Center Liquid Cooling Market (by End-Use Industry), $Million, 2023-2034
Table 29: Spain Data Center Liquid Cooling Market (by Data Center), $Million, 2023-2034
Table 30: Spain Data Center Liquid Cooling Market (by Solution), $Million, 2023-2034
Table 31: Rest-of-Europe Data Center Liquid Cooling Market (by End-Use Industry), $Million, 2023-2034
Table 32: Rest-of-Europe Data Center Liquid Cooling Market (by Data Center), $Million, 2023-2034
Table 33: Rest-of-Europe Data Center Liquid Cooling Market (by Solution), $Million, 2023-2034
Table 34: U.K. Data Center Liquid Cooling Market (by End-Use Industry), $Million, 2023-2034
Table 35: U.K. Data Center Liquid Cooling Market (by Data Center), $Million, 2023-2034
Table 36: U.K. Data Center Liquid Cooling Market (by Solution), $Million, 2023-2034