Overview and Scope
Liquid cooling systems refer to a method used to lower the temperature of computer processor units (CPUs), and sometimes graphics processor units (GPUs). It is used to maintain the temperature of a computer system low by using water as a cooling medium.
Sizing and Forecast
The liquid cooling systems market size has grown exponentially in recent years. It will grow from $5.06 billion in 2023 to $6.08 billion in 2024 at a compound annual growth rate (CAGR) of 20.1%. The growth in the historic period can be attributed to strong economic growth in emerging markets, growth in the manufacturing industry, increased demand for electric vehicles and the rise in demand for high-performance computing (hpc) systems.
The liquid cooling systems market size is expected to see exponential growth in the next few years. It will grow to $12.86 billion in 2028 at a compound annual growth rate (CAGR) of 20.6%. The growth in the forecast period can be attributed to the emergence of new data centers, the rise in demand among smartphone manufacturers, government initiatives and the rising urbanization. Major trends in the forecast period include focus on direct water-cooling technology, the use of 3d technology, focus on self-contained liquid cooling systems, focus on product launches and strategic partnerships and collaborations.
Order your report now for swift delivery, visit the link:
https://www.thebusinessresearchcompany.com/report/liquid-cooling-systems-global-market-report
The liquid cooling systems market covered in this report is segmented –
1) By Type: Liquid Heat Exchanger Systems, Compressor-Based Systems
2) By Component: Solution, Service
3) By End-Users: BFSI (Banking, Financial Services, And Insurance), Manufacturing, IT And Telecom, Automotive, Retail, Government And Defense, Healthcare, Energy, Other End-Users
North America was the largest region in the liquid cooling systems market in 2023. The regions covered in the liquid cooling systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Intrigued to explore the contents? Secure your hands-on a free sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9538&type=smp
Major Driver Impacting Market Growth
The emergence of new data centers is a significant driver that will support the growth of the liquid cooling systems market in the forecast period. As the digital transformation and demand for cloud computing services continue to surge, data centers play a pivotal role in storing, managing, and processing vast amounts of data. However, data centers generate substantial heat from high-performance servers and networking equipment, necessitating efficient cooling solutions. Liquid cooling systems help data centers to handle high-power densities and provide superior heat dissipation. According to McKinsey, a global management consulting firm, in the USA, data center power consumption (which reflects the number of servers a data center can house) is forecast to grow by 10% a year until 2030, and the demand is expected to reach 35 gigawatts (GW) by 2030, up from 17 GW in 2022. Therefore, the emergence of new data centers is expected to drive the liquid cooling systems market going forward.
Key Industry Players
Major companies operating in the liquid cooling systems market report are Schneider Electric SE, Vertiv Holdings Co, Rittal GmbH & Co KG, Emerson Electric Co., Boyd Corporation,Asetek Inc, CoolIT Systems, Green Revolution Cooling Inc., Iceotope Technologies Limited, LiquidCool Solutions, Inc., Fujitsu, Antec Inc., Prime ABGB, Vedant Computers, EK Water Blocks, Thermaltake Technology Co., Ltd., FormulaMod, Bykski, ID-Cooling, Barrowch,Colorful Technology Company Limited, Stulz GmbH, XSPC, Phobya, Alphacool International GmbH, Laird Thermal Systems, DCX Liquid Cooling Systems, Kelvion, Baltimore Aircoil Company, RSC Group, Silent-Aire, AAON Inc, BasX, Corsair, NZXT, Swiftech, EVGA, Ascenty, ODATA, Terabyte, ChipArt, ACECO TI, UOL Diveo S.A., Saudi Fan Industries, Daxtech IT Solutions, Emitac Data Systems, Prologix Distribution, Arabian Thermal Aire Industries Co. Ltd, Gulf Data Hub, Liquidstack, Submer
The liquid cooling systems market report table of contents includes:
1. Executive Summary
2. Liquid Cooling Systems Market Characteristics
3. Liquid Cooling Systems Market Trends And Strategies
4. Liquid Cooling Systems Market – Macro Economic Scenario
………..
32. Global Liquid Cooling Systems Market Competitive Benchmarking
33. Global Liquid Cooling Systems Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Liquid Cooling Systems Market
35. Liquid Cooling Systems Market Future Outlook and Potential Analysis
36. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
