Press release
Comprehensive Liquid Cooling Systems Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Liquid Cooling Systems
The rise of new data centers will act as a pivotal driver propelling the growth of the liquid cooling systems market within the projected timeline. Data centers are critical due to the ongoing digital transformation and escalating demand for cloud computing services as they are responsible for storing, managing, and processing massive data volumes. The high-performance servers and networking equipment within these data centers produce an immense amount of heat, necessitating the need for effective cooling methods. Liquid cooling systems provide optimal heat dissipation and cater to high-power densities, thus proving essential for data centers. McKinsey, a globally recognized management consulting firm, projects that data center power consumption in the USA, indicative of the server capacity, will witness a 10% annual increase until 2030. The demand is predicted to touch 35 gigawatts (GW) by 2030, a significant increase from 17 GW in 2022. Consequently, the rise of new data centers will contribute greatly towards expanding the liquid cooling systems market.
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What is the future CAGR of the liquid cooling systems market, and how will it impact industry expansion?
The size of the liquid cooling systems market has seen a fast-paced expansion in the past few years. The market is projected to rise from a valuation of $5.99 billion in 2024 to $7.15 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 19.3%. The augmentation during the historical timeline can be ascribed to robust economic development in budding markets, an upsurge in the manufacturing sector, an amplified call for electric cars, and growing need for high-performance computing (HPC) systems.
With substantial growth anticipated in the coming years, the market size of liquid cooling systems is forecasted to reach $15.26 billion in 2029, growing at a compound annual growth rate (CAGR) of 20.9%. This promising growth within the projection period can be traced back to factors including new data center developments, increased demand from smartphone manufacturers, governmental initiatives, and expanding urbanization. The forecast period is expected to witness significant trends such as the emphasis on direct water-cooling technology, the application of 3d technology, attention towards self-contained liquid cooling systems, alongside a concentration on product introductions, and strategic alliances and collaborations.
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What trends are poised to drive the future success of the liquid cooling systems market?
The rise of technological innovations has become a significant trend in the liquid cooling system market. Leading players in this market are focusing on developing advanced tech solutions to retain their market standing. For example, in February 2022, US-based performance materials and technology firm, Honeywell, unveiled its pioneering platform known as Solstice E-Cooling. This platform introduces liquid heat transfer agents that cool high-performance electronics more efficiently than traditional air and water-based methods. This avant-garde cooling technology, designed for electronics and data centers, employs a two-phase liquid cooling system to cool electrical applications while also minimizing environmental damage. Solstice E-Cooling offers more consistent, energy-efficient cooling, improved heat rejection, and reduced pumping power.
Which key market segments comprise the liquid cooling systems market and drive its revenue growth?
The liquid cooling systems market covered in this report is segmented -
1) By Type: Liquid Heat Exchanger Systems, Compressor-Based Systems
2) By Component: Solution, Service
3) By End-Users: BFSI (Banking, Financial Services, And Insurance), Manufacturing, IT And Telecom, Automotive, Retail, Government And Defense, Healthcare, Energy, Other End-Users
Subsegments:
1) By Liquid Heat Exchanger Systems: Plate Heat Exchangers, Shell and Tube Heat Exchangers, Fin Fan Coolers
2) By Compressor-Based Systems: Chiller Systems, Refrigerant-Based Liquid Cooling Systems, Heat Pump Systems
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What regions are at the forefront of liquid cooling systems market expansion?
North America was the largest region in the liquid cooling systems market in 2024. The regions covered in the liquid cooling systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the liquid cooling systems market?
Major companies operating in the liquid cooling systems market include Schneider Electric SE, Vertiv Holdings Co, Rittal GmbH & Co KG, Emerson Electric Co., Boyd Corporation,Asetek Inc, CoolIT Systems, Green Revolution Cooling Inc., Iceotope Technologies Limited, LiquidCool Solutions, Inc., Fujitsu, Antec Inc., Prime ABGB, Vedant Computers, EK Water Blocks, Thermaltake Technology Co., Ltd., FormulaMod, Bykski, ID-Cooling, Barrowch,Colorful Technology Company Limited, Stulz GmbH, XSPC, Phobya, Alphacool International GmbH, Laird Thermal Systems, DCX Liquid Cooling Systems, Kelvion, Baltimore Aircoil Company, RSC Group, Silent-Aire, AAON Inc, BasX, Corsair, NZXT, Swiftech, EVGA, Ascenty, ODATA, Terabyte, ChipArt, ACECO TI, UOL Diveo S.A., Saudi Fan Industries, Daxtech IT Solutions, Emitac Data Systems, Prologix Distribution, Arabian Thermal Aire Industries Co. Ltd, Gulf Data Hub, Liquidstack
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What Is Covered In The Liquid Cooling Systems Global Market Report?
• Market Size Forecast: Examine the liquid cooling systems market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the liquid cooling systems market for a structured understanding.
• Key Players Overview: Analyze major players in the liquid cooling systems market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the liquid cooling systems market.
• Segment Contributions: Evaluate how different segments drive overall growth in the liquid cooling systems market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the liquid cooling systems market.
• Industry Challenges: Identify potential risks and obstacles affecting the liquid cooling systems market.
• Competitive Landscape: Review strategic developments in the liquid cooling systems market, including expansions, agreements, and new product launches.
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