Cooling kits
are designed to cool specific system components to a significant
extent. A PC liquid cooling kit comprises components such as chiller,
water block, reservoir, as well as radiator, coolant, and conventional
collectors, which can be operated on heating and cooling modes. These
cooling kits can be customized by adding multiple components and
radiators, or as per end-user requirement. Liquid cooling kits are used
in personal computers for cooling of small and large systems with
multi-core processors and/or extremely over-clocked systems. Cooling
kits market is expected to grow during the forecast period owing to the
rapid growth of industrial and electronic industry.
Cooling Kit Market: Market Dynamics
Growth of the global cooling kit market
is primarily attributed to evolving lifestyle of consumers, growing
demand for personal computers, and increasing expenditure in the IT
industry. The global cooling kit market is segmented on the basis of
types of cooling such as liquid cooling and air cooling kit. Global
demand for liquid cooling kit is significantly higher due to its
high-performance and as it requires comparatively less installation
space. Hence, increasing demand for liquid cooling kit is driving
overall growth of the global market currently.
Furthermore, changing lifestyle
preferences, technological advancements, and changing environmental
conditions are major factors anticipated to drive growth of the global
cooling kit market.
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On the other hand, the major factor
restraining growth of the global cooling kit market is performance and
standard issues, which are related to space to set-up in systems, and
cooling speed. Cooling kit market growth faces a major restraint in
terms of cost. Industrial and IT industries are the major drivers of
cooling kit market but the high price of cooling kits result into a
hefty investment.
The cooling kit market has been segmented
into five regions: North America, Latin America, Europe, Asia Pacific,
and the Middle East & Africa. The global cooling kit market is
expected to register healthy CAGR during the forecast period. The market
in North America is expected to witness increase in the production
output of cooling kits over the forecast period. Also, demand for
cooling kits is high in the U.S. and Canada due to varying climatic
conditions and advanced lifestyle. The market in Asia Pacific is
expected to witness steady growth during the forecast period, attributed
to increasing growth of solar cooling, especially in China and India.
The Europe market is projected to register healthy revenue growth for
early adoption by the marketers.
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