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The Liquid Cooling Systems Market Expected To Witness Significant Growth By 2032 || Schneider Electric SE, Boyd Corporation, Emerson Electric Co, Green Revolution Cooling Inc
Liquid Cooling Systems Market
Liquid Cooling Systems Market Size, Growth Rate, And Forecast
The global liquid cooling systems market size is expected to grow from $4.20 billion in 2022 to $5.03 billion in 2023 at a compound annual growth rate (CAGR) of 19.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global liquid cooling systems market is expected to grow to $10.35 billion in 2027 at a CAGR of 19.8%.
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Liquid Cooling Systems Market Drivers
The rise in demand for liquid cooling systems among smartphone manufacturers for thermal management is expected to propel the growth of the liquid cooling systems market going forward. A smartphone refers to a portable electronic gadget with a cellular network connection. The liquid cooling system in smartphones operates on the heat dissipation principle, a technology in which a heat pipe with the cooling liquid is already installed in the devices that converts the liquid inside it into vapor by absorbing the excess heat produced by the processor.
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Liquid Cooling Systems Market Segments
• By Type: Liquid Heat Exchanger Systems, Compressor-based Systems,
• By Component: Solution, Services,
• By End User: BFSI, Manufacturing, IT and Telecom, Media and Entertainment, Retail, Government and Defense, Healthcare, Energy, Other End User
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the liquid cooling systems market.
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Liquid Cooling Systems Market Key Players
Major competitors in the liquid cooling systems market are Schneider Electric SE, Boyd Corporation, Emerson Electric Co, Green Revolution Cooling Inc, CoolIT Systems, Lytron Inc, Rittal GmbH & Co, Asetek Inc.
The Business Research Company's "Global Liquid Cooling Systems Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Liquid Cooling Systems Market Include:
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
5. Liquid Cooling Systems Market Size And Growth
………………
27. Liquid Cooling Systems Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Liquid Cooling Systems Market
29. Liquid Cooling Systems Market Future Outlook and Potential Analysis
30. Appendix
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