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The increased need for liquid cooling systems for thermal management among smartphone makers is likely to stimulate innovation in liquid cooling system manufacturing, boosting the market over the forecast period.

The global liquid cooling systems market is expected to grow from $4.20 billion in 2022 to $5.03 billion in 2023 at a compound annual growth rate (CAGR) of 19.8%. The global liquid cooling systems market is expected to grow to $10.35 billion in 2027 at a CAGR of 19.8%.

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 Global Liquid Cooling Systems Market Segments Include:

• By Type: Liquid Heat Exchanger Systems, Compressor-based Systems,
• By Component: Solution, Services,
• By End User: BFSI, Manufacturing, IT and Telecom, Media and Entertainment, Retail, Government and Defense, Healthcare, Energy, Other End User
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global liquid cooling systems market in 2021.

Major Market Players in the liquid cooling systems market include Schneider Electric SE, Boyd Corporation, Emerson Electric Co, Green Revolution Cooling Inc, CoolIT Systems, Lytron Inc, Rittal GmbH & Co, Asetek Inc, HUBER+SUHNER.

In the liquid cooling system market, technological improvements have emerged as a prominent trend that is gaining traction. Major important players in the liquid cooling system market are creating sophisticated technologies in order to maintain their market position. For example, Honeywell, a performance materials and technology company based in the United States, launched Solstice E-Cooling in February 2022, a groundbreaking platform of liquid heat transfer agents that efficiently and effectively cool high-performance electronics in comparison to conventional techniques that use air and water. The novel cooling method for electronics and data centres employs two-phase liquid cooling to cool electrical applications while minimising environmental effect. Solstice E-Cooling offers more consistent and energy-efficient cooling, improved heat rejection, and lower pumping power.

The Liquid Cooling Systems Global Market Report 2023  provides a liquid cooling systems market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The liquid cooling systems market forecast analyzes liquid cooling systems market size, liquid cooling systems market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Liquid cooling systems are a way of cooling computer processor units (CPUs) and, in some cases, graphics processor units (GPUs). It is utilised to keep a computer system’s temperature low by using water as a cooling medium.

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