Liquid Cooling System Market: Global Industry Analysis and Forecast (2023-2029)

Liquid Cooling System Market size was valued at US$ 3.73 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 16.5% through 2023 to 2029, reaching nearly US$ 10.8 Bn.
Liquid Cooling System Market Overview:
Liquid cooling is a form of active thermal management system that removes thermal energy from electronic applications using a pumped liquid. A liquid cooling system has a higher thermal transfer efficiency than traditional cooling systems because to its high-power modules. Furthermore, the liquid cooling technology provides an effective cooling solution while also helping to reduce noise generated by higher processor units. To circulate the chilled liquid across electronic applications, you will need a circulating pump and connect hoses.To know about the Research Methodology:- Request Free Sample Report
Liquid Cooling System Market Dynamics:
The rising demand for liquid cooling systems from the gaming and IT industries is expected to drive market growth during the forecast period 2023-2029. Besides, the global market is being driven by the requirement for increased liquid cooling system-based data centres as a result of the large number of data being generated.

Due to an increase in demand for liquid cooling systems from Smartphone manufacturers throughout the world, the Liquid Cooling System Market is expected to grow significantly during the forecast period. Furthermore, technological advancements in the IT sector are expected to provide lucrative chances for the Liquid Cooling System Market to grow.

The significant maintenance costs associated with liquid cooling systems, on the other hand, are limiting market growth. During the forecast period, however, the development of portable liquid cooling systems for in-build server rooms and sectors with mild temperatures is expected to provide a lucrative potential for the Liquid Cooling System Market to grow.
Liquid Cooling System Market Segment Analysis:
Based on the Type, the market is segmented into Liquid heat exchanger system, and Compressor based system. Liquid heat exchanger system segment is expected to hold the largest market shares of xx% by 2029. This is due to the increased demand for liquid heat exchangers among SMEs and large businesses to transfer heat from a liquid loop to another fluid stream while maintaining a specific machine temperature.

Compressor based system segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2023-2029. This is due to increased use of compressor-based liquid cooling systems in the residential and commercial sectors. Many leading organisations across the world are stepping up their efforts to promote the use of compressor-based liquid cooling systems in the residential and retail sectors, resulting in a more flexible and secure environment.

Based on the End-User, the market is segmented into BFSI, Manufacturing, IT & Telecom, Media & Entertainment, Retail, Government & Defence, Healthcare, Energy, and Others. IT & Telecom and Media & Entertainment segments are expected to grow rapidly at a CAGR of xx% and xx% respectively during the forecast period 2023-2029. This is due to the rising demand for liquid cooling systems in IT & Telecom and Media & Entertainment industries as it offers plenty of benefits to the industries.
Liquid Cooling System Market Regional Insights:
North America is expected to dominate the Liquid Cooling System Market during the forecast period 2023-2029. North America is expected hold the largest market share of xx% by 2029. This is due to the presence of leading market players, as well as an increase in artificial intelligence-based applications across key industries in the North America region. These are the major factors that drive the growth of this region in the Liquid Cooling System Market during the forecast period 2023-2029.

Asia Pacific is expected to grow rapidly at a CAGR of xx% during the forecast period 2023-2029. This is due to increased industrialization and urbanisation in the Asia-Pacific region.

The objective of the report is to present a comprehensive analysis of the Global Liquid Cooling System Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Global Liquid Cooling System Market dynamic, structure by analyzing the market segments and project the Global Liquid Cooling System Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Liquid Cooling System Market make the report investor’s guide.
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Liquid Cooling System Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2017 to 2022
Market Size in 2022:
US $ 3.73 Bn.


Forecast Period 2023 to 2029 CAGR:
16.5%
Market Size in 2029:
US $ 10.8 Bn.


 Segments Covered:
by Component
• Solutions
• Services


by Type
• Liquid heat exchanger system
• Compressor based system


by End-User
• BFSI
• Manufacturing
• IT & Telecom
• Media & Entertainment
• Retail
• Government & Defense
• Healthcare
• Energy
• Others



Liquid Cooling System Market, by Region
• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)
Liquid Cooling System Market Key Players
• Allied Control Ltd.
• Asetek, Inc.
• Boyd Corporation
• CooIIT Systems, Inc.
• Emerson Electric Co.
• Green Revolution Cooling Inc.
• Laird Thermal Systems
• Midas Green Technologies LLC
• Rittal GmbH & Co. KG
• Schneider Electric SE
• Lytron
• Koolance
• Millerwelds
• Parker NA
• Watteredge

Frequently Asked Questions:

1. Which region has the largest share in Global Liquid Cooling System Market?
Ans: North America region held the highest share in 2022.

2. What is the growth rate of Global Liquid Cooling System Market?
Ans: The Global Liquid Cooling System Market is growing at a CAGR of 16.5% during forecasting period 2023-2029.

3. What is scope of the Global Liquid Cooling System Market report?
Ans: Global Liquid Cooling System Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Liquid Cooling System Market?
Ans: The important key players in the Global Liquid Cooling System Market are – Allied Control Ltd., Asetek, Inc., Boyd Corporation, CooIIT Systems, Inc., Emerson Electric Co., Green Revolution Cooling Inc., Laird Thermal Systems, Midas Green Technologies LLC, Rittal GmbH & Co. KG, Schneider Electric SE, Lytron, Koolance, Millerwelds, Parker NA, Watteredge

5. What is the study period of this Market?
Ans: The Global Liquid Cooling System Market is studied from 2022 to 2029.