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Global Liquid Cooling Systems Market to reach USD 12.99 billion by the end of 2030.

Global Liquid Cooling Systems Market Size study & Forecast, by Component (Solution, Services), by Type (Liquid Heat Exchanger Systems, Compressor-based Systems), by End User (BFSI, Manufacturing, IT & Telecom, Media & Entertainment, Retail, Government & Defense, Healthcare, Energy, and Others) and Regional Analysis, 2023-2030

Product Code: OIRIME-24022774
Publish Date: 10-09-2023
Page: 200

Global Liquid Cooling Systems Market is valued at approximately USD 3.67 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 17.1%over the forecast period 2023-2030. Liquid cooling systems, also known as liquid cooling or water cooling, are cooling solutions used in various electronic devices, such as computers and high-performance servers, to dissipate heat more efficiently than traditional air-cooling methods. These systems use a liquid, typically water or a specialized coolant, to transfer heat away from the heat-generating components and disperse it into the environment. The Liquid Cooling Systems market is expanding because of factors such as the increasing penetration of smartphones and the rising number of data centers. Moreover, expanding data center infrastructure increases the demand for efficient liquid cooling systems to manage the heat generated by high-density computing equipment, driving the growth of the Liquid Cooling Systems Market.

According to Statista in 2023, the Data Center market is estimated to generate a revenue of USD 342.10 billion worldwide. Additionally, as of 2022, there were 2,701 data centers in the United States, while Germany had 487 operational data centers. Furthermore, increasing penetration of smartphones influence the demand for efficient liquid cooling systems to manage heat generated by high-performance mobile devices, contributing to the growth of the Liquid Cooling Systems Market. According to Statista in 2022, the global smartphone penetration rate reached 68% and United States exhibited one of the highest rates of smartphone adoption worldwide, with 81.6% of its population using smartphones. In France, the smartphone penetration rate was even higher, reaching 82.6%. In addition, rising technological advancements in Liquid Cooling Systems and growing demand for high-performance computing would create a lucrative growth opportunity. However, the high maintenance cost and technical complexity stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Liquid Cooling Systems Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market during the forecast period owing to increasing number of established data centers in the region. Asia Pacific is the fastest growing region during the forecast period owing to the factors such as rapid industrialization and urbanization in the region.

Major market player included in this report are:
Allied Control Services, Inc.
Asetek, Inc.
Boyd Corporation
CooIIT Systems, Inc.
Emerson Electric Co.
Green Revolution Cooling Inc.
Air Care System & Solution India Pvt. Ltd.
MIDAS Immersion Cooling
Rittal GmbH & Co. KG
Schneider Electric SE

Recent Developments in the Market:
Ø In April 2023, ASUS has unveiled the third version of its ROG RYUJIN all-in-one CPU cooling, according to Asetek A/S. These CPU coolers make use of Asetek A/S’s cutting-edge liquid cooling technology, providing exceptional overclocking capability, noiseless operation, and cutting-edge aesthetics. The goal is to provide outstanding gaming experiences while also pushing performance to new heights.

Global Liquid Cooling Systems Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Component, Type, End-User, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
Solution
Services

By Type:
Liquid Heat Exchanger Systems
Compressor-based Systems

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

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Liquid Cooling Systems Market, by Region, 2020-2030 (USD Billion)
1.2.2. Liquid Cooling Systems Market, by Component, 2020-2030 (USD Billion)
1.2.3. Liquid Cooling Systems Market, by Type, 2020-2030 (USD Billion)
1.2.4. Liquid Cooling Systems Market, by End-User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Liquid Cooling Systems Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Liquid Cooling Systems Market Dynamics
3.1. Liquid Cooling Systems Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing penetration of smartphones
3.1.1.2. Rising number of Data Centers
3.1.2. Market Challenges
3.1.2.1. High maintenance cost
3.1.2.2. Technical complexity
3.1.3. Market Opportunities
3.1.3.1. Rising technological advancements in Liquid Cooling Systems
3.1.3.2. Growing demand for high-performance computing
Chapter 4. Global Liquid Cooling Systems Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Liquid Cooling Systems Market, by Component
5.1. Market Snapshot
5.2. Global Liquid Cooling Systems Market by Component, Performance – Potential Analysis
5.3. Global Liquid Cooling Systems Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. Liquid Cooling Systems Market, Sub Segment Analysis
5.4.1. Solution
5.4.2. Services
Chapter 6. Global Liquid Cooling Systems Market, by Type
6.1. Market Snapshot
6.2. Global Liquid Cooling Systems Market by Type, Performance – Potential Analysis
6.3. Global Liquid Cooling Systems Market Estimates & Forecasts by Type2020-2030 (USD Billion)
6.4. Liquid Cooling Systems Market, Sub Segment Analysis
6.4.1. Liquid Heat Exchanger Systems
6.4.2. Compressor-based Systems
Chapter 7. Global Liquid Cooling Systems Market, by End-User
7.1. Market Snapshot
7.2. Global Liquid Cooling Systems Market by End-User, Performance – Potential Analysis
7.3. Global Liquid Cooling Systems Market Estimates & Forecasts by End-User2020-2030 (USD Billion)
7.4. Liquid Cooling Systems Market, Sub Segment Analysis
7.4.1. BFSI
7.4.2. Manufacturing
7.4.3. IT & Telecom
7.4.4. Media & Entertainment
7.4.5. Retail
7.4.6. Government & Defense
7.4.7. Healthcare
7.4.8. Energy
7.4.9. Others
Chapter 8. Global Liquid Cooling Systems Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Liquid Cooling Systems Market, Regional Market Snapshot
8.4. North America Liquid Cooling Systems Market
8.4.1. U.S. Liquid Cooling Systems Market
8.4.1.1. Component breakdown estimates & forecasts, 2020-2030
8.4.1.2. Type breakdown estimates & forecasts, 2020-2030
8.4.1.3. End-User breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Liquid Cooling Systems Market
8.5. Europe Liquid Cooling Systems Market Snapshot
8.5.1. U.K. Liquid Cooling Systems Market
8.5.2. Germany Liquid Cooling Systems Market
8.5.3. France Liquid Cooling Systems Market
8.5.4. Spain Liquid Cooling Systems Market
8.5.5. Italy Liquid Cooling Systems Market
8.5.6. Rest of Europe Liquid Cooling Systems Market
8.6. Asia-Pacific Liquid Cooling Systems Market Snapshot
8.6.1. China Liquid Cooling Systems Market
8.6.2. India Liquid Cooling Systems Market
8.6.3. Japan Liquid Cooling Systems Market
8.6.4. Australia Liquid Cooling Systems Market
8.6.5. South Korea Liquid Cooling Systems Market
8.6.6. Rest of Asia Pacific Liquid Cooling Systems Market
8.7. Latin America Liquid Cooling Systems Market Snapshot
8.7.1. Brazil Liquid Cooling Systems Market
8.7.2. Mexico Liquid Cooling Systems Market
8.8. Middle East & Africa Liquid Cooling Systems Market
8.8.1. Saudi Arabia Liquid Cooling Systems Market
8.8.2. South Africa Liquid Cooling Systems Market
8.8.3. Rest of Middle East & Africa Liquid Cooling Systems Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Allied Control Services, Inc.
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Recent Developments
9.3.2. Asetek, Inc.
9.3.3. Boyd Corporation
9.3.4. CooIIT Systems, Inc.
9.3.5. Emerson Electric Co.
9.3.6. Green Revolution Cooling Inc.
9.3.7. Air Care System & Solution India Pvt. Ltd.
9.3.8. MIDAS Immersion Cooling
9.3.9. Rittal GmbH & Co. KG
9.3.10. Schneider Electric SE
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
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Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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