Report Overview

The global liquid cooling systems market is expected to grow by USD 6.73 billion at a CAGR of 10.0% during the forecast period of 2024-2032. The market is further to reach a value of USD 15.9 billion in 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Liquid Cooling Systems Market Size

The global liquid cooling systems market is expected to grow by USD 6.73 billion at a CAGR of 10.0% during the forecast period of 2024-2032. The market is further to reach a value of USD 15.9 billion in 2032.

 

Global Liquid Cooling Systems Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 6.73
Market Size 2032 USD Billion 15.9
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 10.0%
CAGR 2024-2032 - Market by Region Asia Pacific 10.8%
CAGR 2024-2032 - Market by Country India 12.4%
CAGR 2024-2032 - Market by Country Brazil 10.7%
CAGR 2024-2032 - Market by Product Type Compressor-based Systems (Recirculating Chillers) 10.9%
CAGR 2024-2032 - Market by End Use Data Centre 11.3%
Market Share by Country 2023 Italy 3.4%

 

Liquid Cooling Systems Market Report Snapshots

Liquid Cooling Systems Market Size

Liquid Cooling Systems Market Growth

Liquid Cooling Systems Market Trends

Liquid Cooling Systems Market Analysis

Liquid Cooling Systems Companies

Liquid Cooling Systems Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global liquid cooling systems market is projected to grow at a CAGR of 10% between 2024 and 2032.

The market is being driven by the rising market ownership of smartphones, which drives the demand for thermal management.

The market growth can be associated with the rising use of thermal management in engineering applications, such as nuclear reactors and micro equipment, among others.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major product types of liquid cooling systems are liquid heat exchanger systems and compressor-based systems (recirculating chillers).

The significant end uses of liquid cooling systems include healthcare, analytical equipment, industrial, data centre, telecommunication, automotive, and military.

The major players in the industry are Laird Thermal Systems, Inc., Boyd Corporation, Rittal GmbH & Co. KG., Asetek, Inc., Schneider Electric, Green Revolution Cooling, Inc., and Midas Green Technologies LLC, among others.

The global liquid cooling systems market reached a value of USD 6.73 billion in 2023.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 15.9 billion by 2032.

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