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:
- 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:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Component, Type, End-User, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- 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:
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:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
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