Global Liquid Cooling System Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at CAGR of XX % during forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Liquid cooling systems are increasingly being used for multiple applications like data centers, smartphones, and semiconductors, owing to their higher efficiency and overclocking capabilities as compared to air cooling systems. Furthermore, thanks to technological innovations in the IT industry, higher server density than usual is required, which can be achieved by using liquid cooling systems. The rising importance of liquid cooling in data center environments is expected to drive the global liquid cooling systems market from 2019 to 2027
However, the high costs of liquid cooling systems and the consumer preference for other cooling systems are expected to adversely impact the global liquid cooling systems market. Instead, the increasing popularity of immersion cooling systems is expected to drive the global liquid cooling systems market during the forecast period. This report covers a comprehensive overview, market shares, and growth opportunities of liquid cooling systems market by type, application, key manufacturers and key regions and countries.
Liquid heat exchanger system segment is expected to witness considerable CAGR of XX% during the forecast period. Liquid cooling systems are increasingly suitable for the center stage of indoor server rooms and industrial cooling systems in low-temperature areas. Liquid cooling systems are time and again much quieter, and they require less space than air cooling systems.
Region-wise, the Asia Pacific is expected to present prominent growth opportunities to the liquid cooling systems market, thanks to the presence of a large number of data centers in the region. Moreover, the outsourcing of IT services in economies in the region, like China, India, and Japan, is promoting the global liquid cooling systems market. In the developed regions of North America and Europe, technological advancements and a strong presence of a large number of IT companies play a major role in driving the sales of liquid cooling systems. This scenario has led to an immense increase in the demand for liquid cooling systems, because of high durability and reliability, which make them ideal for use in the cooling of servers.
A recent development in the market for the liquid cooling system: In 2018, Rittal GmbH & Co. KG introduced an innovative solution called LCP DX (i.e. liquid cooling package), which contains both, water as well as a refrigerant circuit to produce a cooling output that is in line with the outside temperature.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Liquid Cooling System Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Global Liquid Cooling System Market.
Scope of the Global Liquid Cooling System Market
Global Liquid Cooling System Market, By Type
- Liquid heat exchanger system
- Compressor based system
Global Liquid Cooling System Market, By End Use
- Analytical equipment
- Data Centers
Global Liquid Cooling System Market, By Region
- North America
- Asia Pacific
- Middle East and Africa
- South America
Key players operating in Global Liquid Cooling System Market
- Laird Thermal Systems,
- Boyd Corporation, Lytron Inc.,
- Rittal GmbH and Co. Kg.,
- Schneider Electric SE,
- Green Revolution Cooling Inc.,
- Midas Green Technologies LLC,
- Allied Control Ltd., and
- CoolIT Systems, Inc.
- Kristian Electric Ltd.
- Parker NA
- Aavid Niagara
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