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Global Liquid Cooling Systems Market: By Product Type: Liquid Heat Exchanger Systems, Compressor-based Systems (Recirculating Chillers); By End Use; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments

Global Liquid Cooling Systems Market Outlook

The global liquid cooling systems market is expected to grow by USD 4.6 billion at a CAGR of 10% during the forecast period of 2023-2028.

 

Global Liquid Cooling Systems Market

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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:

 

Global Liquid Cooling Systems Market By Company Size

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  • Liquid Heat Exchanger Systems
    • Liquid-to-air Systems
    • Liquid-to-liquid Systems
  • Compressor-based Systems (Recirculating Chillers)

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.

 

Global Liquid Cooling Systems Market By Region

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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.

 

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 2022
Historical Period 2018-2022
Forecast Period 2023-2028
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    Industry Opportunities and Challenges
8    Global Liquid Cooling Systems Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Liquid Cooling Systems Historical Market (2018-2022) 
    8.3    Global Liquid Cooling Systems Market Forecast (2023-2028)
    8.4    Global Liquid Cooling Systems Market by Product Type
        8.4.1    Liquid Heat Exchanger Systems
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
                8.4.1.3.1    Liquid-to-Air Systems
                8.4.1.3.2    Liquid-to-Liquid Systems
        8.4.2    Compressor-based Systems (Recirculating Chillers)
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    8.5    Global Liquid Cooling Systems Market by End Use
        8.5.1    Healthcare
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Analytical Equipment
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Industrial
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Data Centre
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Telecommunication
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022)
            8.5.5.3    Forecast Trend (2023-2028)
        8.5.6    Automotive
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2018-2022)
            8.5.6.3    Forecast Trend (2023-2028)
        8.5.7    Military
            8.5.7.1    Market Share
            8.5.7.2    Historical Trend (2018-2022)
            8.5.7.3    Forecast Trend (2023-2028)
    8.6    Global Liquid Cooling Systems Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2022)
        9.1.2    Forecast Trend (2023-2028)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2022)
        9.2.2    Forecast Trend (2023-2028)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2022)
        9.3.2    Forecast Trend (2023-2028)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2022)
        9.4.2    Forecast Trend (2023-2028)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2022)
        9.5.2    Forecast Trend (2023-2028)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Laird Thermal Systems, Inc.
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Boyd Corporation
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Rittal GmbH & Co. KG
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Asetek, Inc.
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Schneider Electric
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Green Revolution Cooling, Inc.
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio
            11.2.6.3    Demographic Reach and Achievements
            11.2.6.4    Certifications
        11.2.7    Midas Green Technologies LLC
            11.2.7.1    Company Overview
            11.2.7.2    Product Portfolio
            11.2.7.3    Demographic Reach and Achievements
            11.2.7.4    Certifications
        11.2.8    Others
12    Industry Events and Developments


List of Key Figures and Tables

1.    Global Liquid Cooling Systems Market: Key Industry Highlights, 2018 and 2028
2.    Global Liquid Cooling Systems Historical Market: Breakup by Product Type (USD Million), 2018-2022
3.    Global Liquid Cooling Systems Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4.    Global Liquid Cooling Systems Historical Market: Breakup by End Use (USD Million), 2018-2022
5.    Global Liquid Cooling Systems Market Forecast: Breakup by End Use (USD Million), 2023-2028
6.    Global Liquid Cooling Systems Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Liquid Cooling Systems Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Liquid Cooling Systems Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Liquid Cooling Systems Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Liquid Cooling Systems Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Liquid Cooling Systems Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Liquid Cooling Systems Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Liquid Cooling Systems Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Liquid Cooling Systems Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Liquid Cooling Systems Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Liquid Cooling Systems Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Liquid Cooling Systems Market Forecast: Breakup by Country (USD Million), 2023-2028
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 2023 and 2028.

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 2023-2028, 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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