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Liquid Cooling Systems Market Trends

Report ID: GMI8022
Published Date: Feb 2024
Report Format: PDF

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Liquid Cooling Systems Market Trends

The increasing demand for powerful computing systems in various industries, such as data centers, gaming, and scientific research, the need for effective cooling solutions has grown. Liquid cooling systems are known for their ability to efficiently dissipate heat in high-performance environments has driven the demand for Liquid Cooling Systems. Liquid cooling systems are often more energy-efficient than traditional air-cooling solutions. As energy costs continue to rise and environmental concerns become more pronounced, companies are looking for ways to improve the efficiency of their data centers and other computing facilities, driving the adoption of liquid cooling systems.

Simultaneously, enthusiasts and gamers often engage in overclocking to push the performance limits of their hardware. Liquid cooling systems help maintain lower temperatures during overclocking, ensuring stability and longevity of the components. However, the growth of artificial intelligence (AI) applications and edge computing has increased the demand for powerful computing at the edge of networks. Liquid cooling systems play a crucial role in maintaining optimal temperatures for edge computing devices.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market valuation of the liquid cooling systems was reached USD 6 billion in 2023 and is anticipated to register a CAGR of over 6.2% through 2032, driven by the rise of cloud computing, big data, and the Internet of Things (IoT).

IT & telecom end-user segment held a market share of 27% in 2023 because liquid cooling systems are often used in data centers and high-performance computing environments to manage heat generated by servers and other hardware.

North America liquid cooling systems market held a revenue share of 30% in the year 2023 and is poised to grow rapidly through 2032, attributed to the expansion of electrification and rapid urbanization in the region.

Asetek Inc, Boyd Corporation, CoolIT Systems, Emerson Electric Co, Fujitsu, Green Revolution Cooling Inc, Lytron Inc, HUBER+SUHNER, MillerWelds, Koolance are some of the major industry contenders.