Reports
Global Liquid Cooling Systems Market Size, Share, Forecast: By Product Type: Liquid Heat Exchanger Systems, Compressor-based Systems (Recirculating Chillers); By End Use; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Global Liquid Cooling Systems Market Outlook
The global liquid cooling systems market is expected to grow by USD 6.73 billion at a CAGR of 10.0% during the forecast period of 2024-2032.
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With the rapid technological advancements, smartphone manufacturers are transforming the products into pocket-fitting mini-computers. The increased penetration of the Internet of Things (IoT) and the rapid development of artificial intelligence (AI) technology are driving the growth of the global liquid cooling systems industry. Numerous industrial verticals such as food and drinks, healthcare, data centres, and telecommunications require control over liquid media for industrial activities within a specified temperature range, which is aiding the market growth.
Market Segmentation
The liquid cooling systems industry is segmented on the basis of its product type, company size, and end-use. Based on its product, the market can be divided into:
- Liquid Heat Exchanger Systems
- Liquid-to-air Systems
- Liquid-to-liquid Systems
- Compressor-based Systems (Recirculating Chillers)
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Based on its end-use, the industry can be segmented as:
- Healthcare
- Analytical Equipment
- Industrial
- Data Centre
- Telecommunication
- Automotive
- Military
The EMR report looks into the regional liquid cooling system markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Market Analysis
With the increasing penetration of smartphones, especially in emerging economies, the demand for thermal management has increased, leading to increased incorporation of liquid cooling alternatives in smartphones, which is driving the market growth. Also, there are increasing worries about thermal management in engineering applications such as nuclear reactors, industrial heat exchangers, micro equipment, and others, where liquid cooling systems can play a crucial role. Further, a strategic collaboration by major players with technological giants, healthcare industries, and data centres to provide customisable solutions to the consumers is further aiding the market for liquid cooling systems globally.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global liquid cooling systems market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Laird Thermal Systems
- Boyd Corporation
- Rittal GmbH and Co. Kg.
- Asetek A/S (FRA: A31)
- Schneider Electric SE (EPA: SU)
- Green Revolution Cooling Inc.
- Midas Green Technologies LLC
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Company Size, End Use, Region |
| Breakup by Product Type | Liquid Heat Exchanger Systems, Compressor-based Systems (Recirculating Chillers) |
| Breakup by End Use | Healthcare, Analytical Equipment, Industrial, Data Centre, Telecommunication, Automotive, Military |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Laird Thermal Systems, Boyd Corporation, Rittal GmbH and Co. Kg., Asetek A/S (FRA: A31), Schneider Electric SE (EPA: SU), Green Revolution Cooling Inc., Midas Green Technologies LLC, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Liquid Cooling Systems Market Analysis
8.1 Key Industry Highlights
8.2 Global Liquid Cooling Systems Historical Market (2018-2023)
8.3 Global Liquid Cooling Systems Market Forecast (2024-2032)
8.4 Global Liquid Cooling Systems Market by Product Type
8.4.1 Liquid Heat Exchanger Systems
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.1.2.1 Liquid-to-Air Systems
8.4.1.2.2 Liquid-to-Liquid Systems
8.4.2 Compressor-based Systems (Recirculating Chillers)
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Liquid Cooling Systems Market by End Use
8.5.1 Healthcare
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Analytical Equipment
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Industrial
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Data Centre
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Telecommunication
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Automotive
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Military
8.5.7.1 Historical Trend (2018-2023)
8.5.7.2 Forecast Trend (2024-2032)
8.6 Global Liquid Cooling Systems Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Liquid Cooling Systems Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Liquid Cooling Systems Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Liquid Cooling Systems Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Liquid Cooling Systems Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Liquid Cooling Systems Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Laird Thermal Systems, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Boyd Corporation
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Rittal GmbH & Co. KG
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Asetek, Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Schneider Electric
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Green Revolution Cooling, Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Midas Green Technologies LLC
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Liquid Cooling Systems Market: Key Industry Highlights, 2018 and 2032
2. Global Liquid Cooling Systems Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Global Liquid Cooling Systems Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Global Liquid Cooling Systems Historical Market: Breakup by End Use (USD Million), 2018-2023
5. Global Liquid Cooling Systems Market Forecast: Breakup by End Use (USD Million), 2024-2032
6. Global Liquid Cooling Systems Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Liquid Cooling Systems Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Liquid Cooling Systems Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Liquid Cooling Systems Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Liquid Cooling Systems Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Liquid Cooling Systems Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Liquid Cooling Systems Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Liquid Cooling Systems Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Liquid Cooling Systems Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Liquid Cooling Systems Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Liquid Cooling Systems Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Liquid Cooling Systems Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Liquid Cooling Systems Market Structure
Key Questions Answered in the Report
The global liquid cooling systems market is projected to grow at a CAGR of 10% between 2024 and 2032.
The market is being driven by the rising market ownership of smartphones, which drives the demand for thermal management.
The market growth can be associated with the rising use of thermal management in engineering applications, such as nuclear reactors and micro equipment, among others.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major product types of liquid cooling systems are liquid heat exchanger systems and compressor-based systems (recirculating chillers).
The significant end uses of liquid cooling systems include healthcare, analytical equipment, industrial, data centre, telecommunication, automotive, and military.
The major players in the industry are Laird Thermal Systems, Inc., Boyd Corporation, Rittal GmbH & Co. KG., Asetek, Inc., Schneider Electric, Green Revolution Cooling, Inc., and Midas Green Technologies LLC, among others.
Analyst Review
The global liquid cooling systems market is driven by the rising ownership of consumer electronics. Aided by the rising uses of liquid cooling systems in engineering applications, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 10%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product type, the liquid cooling systems industry can be categorised into liquid heat exchanger systems and compressor-based systems (recirculating chillers). On the basis of end use, the market can be divided into healthcare, analytical equipment, industrial, data centre, telecommunication, automotive, and military. The major regional markets for liquid cooling systems are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Laird Thermal Systems, Inc., Boyd Corporation, Rittal GmbH and Co. KG, Asetek, Inc., Schneider Electric, Green Revolution Cooling, Inc., and Midas Green Technologies LLC, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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