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Key Strategic Developments and Emerging Changes Shaping the Liquid Cooling Systems Market Landscape
Liquid Cooling Systems Market
Liquid Cooling Systems Market Size and Expected Growth by 2030
The liquid cooling systems market is projected to reach a valuation of $17.73 billion by 2030, expanding at an impressive compound annual growth rate (CAGR) of 20.3%. This rapid growth stems from several factors such as the rising demand for AI-accelerated computing, the expanding deployment of hyperscale data centers, advancements in energy-efficient cooling technologies, growing use of liquid cooling within industrial automation, and increased heat generation from compact electronics. Key trends shaping the market include greater adoption of high-performance cooling solutions for AI and data processing, integration of smart sensors and IoT for monitoring, development of automated and intelligent thermal management systems, and a shift towards sustainable, energy-efficient cooling technologies in high-density industrial and cloud environments.
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Leading Companies Powering the Liquid Cooling Systems Market
The liquid cooling systems market features several major players who lead innovation and market presence. Some of the top companies 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, 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., Daxtech IT Solutions, Emitac Data Systems, Prologix Distribution, Arabian Thermal Aire Industries Co. Ltd, Gulf Data Hub, and Liquidstack.
A notable transaction in the sector took place in July 2023 when US-based investment firm Kohlberg Kravis Roberts & Co. L.P. (KKR) acquired CoolIT Systems, a Canadian company specializing in liquid cooling technologies for high-performance computing and data centers. This deal aligns with KKR's strategy to back innovative technology firms focused on advanced cooling solutions, particularly in data center and high-performance computing markets.
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Technological Advancements Driving the Liquid Cooling Systems Market
Companies in the liquid cooling space are prioritizing innovations such as high-efficiency liquid cooling modules, compact microchannel cold plates, immersion cooling technologies, AI-integrated thermal management, and eco-friendly coolants. These developments aim to improve heat dissipation, reduce energy usage, and maintain competitive advantages in the market. For example, in February 2025, Vertiv, a US provider of critical digital infrastructure solutions, introduced "Vertiv Liquid Cooling Services." This comprehensive service portfolio supports design, installation, commissioning, fluid management, maintenance, and digital services tailored for high-density AI-driven compute environments. Its integrated liquid cooling systems work with IT racks and adjacent infrastructure to ensure optimized fluid loops, cleanliness, and the ability to deploy racks exceeding 30 kW with enhanced availability, efficiency, and sustainability.
Segment Breakdown Offering Detailed Market Insights of Liquid Cooling Systems
The liquid cooling systems market is divided into several key segments to provide a granular view of its structure. These include:
1) By Type: Liquid Heat Exchanger Systems and Compressor-Based Systems
2) By Component: Solution and Service
3) By End-Users: BFSI (Banking, Financial Services, and Insurance), Manufacturing, IT and Telecom, Automotive, Retail, Government and Defense, Healthcare, Energy, and Other End-Users.
Further subcategories under these segments include:
- Liquid Heat Exchanger Systems: Plate Heat Exchangers, Shell and Tube Heat Exchangers, and Fin Fan Coolers
- Compressor-Based Systems: Chiller Systems, Refrigerant-Based Liquid Cooling Systems, and Heat Pump Systems.
This segmentation helps stakeholders better understand the market dynamics, customer needs, and potential areas for growth across different industries and technologies.
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