Direct-to-chip Liquid Cooling Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034
Market Report I 2025-02-21 I 210 Pages I Global Market Insights
The Global Direct-To-Chip Liquid Cooling Market, valued at USD 1.85 billion in 2024, is on track to expand at a CAGR of 20.5% from 2025 to 2034 as enterprises increasingly prioritize high-performance computing, energy efficiency, and sustainable data center solutions. The rapid proliferation of artificial intelligence (AI), machine learning (ML), and cloud computing is driving an unprecedented surge in data processing demands, making conventional cooling methods less effective in managing the rising thermal loads of advanced processors. Organizations worldwide are shifting toward direct-to-chip liquid cooling solutions to enhance system reliability, prevent thermal throttling, and optimize power consumption. The growing emphasis on green data centers and carbon footprint reduction further accelerates adoption, positioning liquid cooling as an essential innovation in next-generation computing infrastructure.
As high-performance computing (HPC) environments push the boundaries of processing power, traditional air-based cooling struggles to keep pace with the heat dissipation needs of CPUs, GPUs, and memory modules. Direct-to-chip liquid cooling, which enables precise thermal management by transferring heat directly from the chip to a liquid coolant, is emerging as a game-changer in data center optimization. Cloud service providers, hyperscale data centers, and enterprises deploying AI-driven workloads are integrating liquid cooling technologies to maximize efficiency and minimize operational costs. The demand for real-time data analytics, high-density computing clusters, and 5G infrastructure deployment is further reinforcing the market's expansion.
Segmented by component cooling, the market encompasses GPU cooling,CPU cooling, memory cooling, ASIC cooling, and other component-specific solutions. The CPU cooling segment is projected to reach USD 3.9 billion by 2034, driven by the widespread adoption of AI and cloud-based applications that significantly increase processor power consumption. Advanced CPUs generate substantial heat loads, requiring cutting-edge thermal management solutions to maintain system stability and prevent performance degradation. Direct-to-chip liquid cooling delivers superior heat dissipation, ensuring sustained performance even under extreme computational workloads.
The market is also categorized by liquid coolant type, including water-based coolants, dielectric fluids, mineral oils, and engineered fluids. Water-based coolants, which held a 31.1% market share in 2024, are gaining traction due to their exceptional thermal conductivity and cost-effectiveness. As enterprises focus on sustainability, these coolants are becoming a preferred choice for reducing energy consumption while maintaining high-performance standards. Their superior heat transfer properties make them an ideal solution for modern data centers striving to balance efficiency and environmental responsibility.
North America is set to dominate the direct-to-chip liquid cooling market, with projections indicating a valuation of USD 3.6 billion by 2034. The region's rapid data center expansion, growing cloud computing ecosystem, and escalating demand for HPC solutions are driving widespread adoption. The United States, which held a commanding 78.4% market share in 2024, is witnessing soaring investments in data infrastructure, fueling the need for advanced cooling systems. With AI-driven applications and hyperscale cloud services pushing the limits of computing power, the demand for high-efficiency thermal management solutions continues to surge, reinforcing the U.S. market's leadership in the evolving data center landscape.
Report Content
Chapter 1 Methodology and Scope
1.1 Market scope and definitions
1.2 Research design
1.2.1 Research approach
1.2.2 Data collection methods
1.3 Base estimates and calculations
1.3.1 Base year calculation
1.3.2 Key trends for market estimation
1.4 Forecast model
1.5 Primary research and validation
1.5.1 Primary sources
1.5.2 Data mining sources
Chapter 2 Executive Summary
2.1 Industry 360synopsis
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.1.1 Rising demand for high-performance computing (HPC)
3.2.1.2 Increasing data center density
3.2.1.3 Increased focus on sustainability
3.2.1.4 Rising demand for high-performance computing
3.2.1.5 Growing focus on energy efficiency and sustainability in data centers
3.2.2 Industry pitfalls and challenges
3.2.2.1 High initial investment costs
3.2.2.2 Complexity of maintenance and operations
3.3 Growth potential analysis
3.4 Regulatory landscape
3.5 Technology landscape
3.6 Future market trends
3.7 Gap analysis
3.8 Porter's analysis
3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive analysis of major market players
4.4 Competitive positioning matrix
4.5 Strategy dashboard
Chapter 5 Market Estimates and Forecast, By Cooling Solution Type, 2021 - 2034 (USD Mn)
5.1 Key trends
5.2 Single-phase liquid cooling
5.3 Two-phase liquid cooling
Chapter 6 Market Estimates and Forecast, By Component Cooling, 2021 - 2034 (USD Mn)
6.1 Key trends
6.2 CPU cooling
6.3 GPU cooling
6.4 ASIC cooling
6.5 Memory cooling
6.6 Other component cooling
Chapter 7 Market Estimates and Forecast, By Liquid Coolant Type, 2021 - 2034 (USD Bn)
7.1 Key trends
7.2 Water-based coolants
7.3 Dielectric fluids
7.4 Mineral oils
7.5 Engineered fluids
Chapter 8 Market Estimates and Forecast, By Application, 2021 - 2034 (USD Bn)
8.1 Key trends
8.2 Servers
8.3 Workstations
8.4 Edge computing devices
8.5 Supercomputers
8.6 Gaming PCs
8.7 Others
Chapter 9 Market Estimates and Forecast, By End Use, 2021 - 2034 (USD Bn)
9.1 Key trends
9.2 Data centers
9.3 High-performance computing (HPC)
9.4 Artificial intelligence/machine learning systems
9.5 Gaming and eSports
9.6 Telecommunications
9.7 Financial services
9.8 Healthcare and life sciences
9.9 Oil and gas
9.10 Automotive (for electric vehicle batteries)
9.11 Aerospace and defense
9.12 Others
Chapter 10 Market Estimates and Forecast, By Region, 2021 - 2034 (USD Bn)
10.1 Key trends
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Spain
10.3.5 Italy
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 ANZ
10.4.5 South Korea
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.6 Middle East and Africa
10.6.1 Saudi Arabia
10.6.2 South Africa
10.6.3 UAE
Chapter 11 Company Profiles
11.1 Asetek
11.2 Alfa Laval
11.3 Castrol
11.4 Cisco Systems, Inc.
11.5 CoolIT Systems
11.6 DCX The Liquid Cooling Company
11.7 Danfoss A/S
11.8 DUG Technology
11.9 Equinix, Inc.
11.10 Fujitsu Limited
11.11 Green Revolution Cooling (GRC)
11.12 Huawei Technologies Co., Ltd.
11.13 Iceotope Technologies Ltd.
11.14 Inspur Systems
11.15 LiquidCool Solutions
11.16 LiquidStack
11.17 Rittal GmbH & Co. KG
11.18 Schneider Electric
11.19 STULZ GmbH
11.20 Submer Technologies
11.21 Super Micro Computer, Inc.
11.22 Vertiv Group Corp.
11.23 ZutaCore
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.