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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
Liquid Cooling Systems Market Regional Analysis
North America accounts for a major market share owing to the rapid electrification and urbanisation in the region which necessitates the demand for effective liquid cooling solutions. Growing research and developmental efforts in developing high-end liquid cooling system is also expected to contribute to the market growth.
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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124