The liquid cooling systems market size crossed over USD 6 Billion in 2023 and is anticipated to register more than 6.2% CAGR between 2024 and 2032, driven by the rise of cloud computing, big data, and the Internet of Things (IoT).
Liquid Cooling Systems Market was valued at USD 6 Billion in 2023 and is likely to attain 6.2% CAGR from 2024 to 2032. The rise of cloud computing, big data, and the Internet of Things (IoT) has led to an increased demand for efficient and effective cooling solutions in data centers.
Cooling has therefore emerged as a viable solution. Put simply, data centre cooling is controlling the temperature inside the facility to reduce heat. From air cooling to liquid cooling, companies are utilising these new and improved solutions to keep equipment cool and therefore reduce energy waste.
The rise of cloud computing, big data, and the Internet of Things (IoT) has led to an increased demand for efficient and effective cooling solutions in data centers. Liquid cooling systems are seen as a more efficient alternative to traditional air-cooling methods, as they can dissipate heat more effectively which can drive market growth.
Based on end user, the IT & telecom sector dominated the 27% of the revenue share in 2023, owing to the liquid cooling systems are often used in data centers and high-performance computing environments to manage heat generated by servers and other hardware.
LiquidStack LiquidStack is an industry-leading cooling company with a successful track record of driving breakthrough innovations in cooling. It is currently one of the world’s most admired liquid cooling companies for AI, hyperscale, edge and high performance computing (HPC).