Selected research
Industry Growth & Trends
Global Liquid Cooling Thermal Module Industry Growth and Trends Forecast to 2032
Market perspective
The global Liquid Cooling Thermal Module market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
The North America market for Liquid Cooling Thermal Module is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Liquid Cooling Thermal Module is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Liquid Cooling Thermal Module is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global manufacturers of Liquid Cooling Thermal Module include SUNON, Blueocean, Meizhou Hongfuhan Technology, Tennmax, GrAndvance, evercyan, Fluentrop technology, Nextron Group and Vertiv, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report provides a structured, data-driven view of the global Liquid Cooling Thermal Module market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Liquid Cooling Thermal Module market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Liquid Cooling Thermal Module market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Liquid Cooling Thermal Module.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Liquid Cooling Thermal Module market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Liquid Cooling Thermal Module Market by Company
SUNON
Blueocean
Meizhou Hongfuhan Technology
Tennmax
GrAndvance
evercyan
Fluentrop technology
Nextron Group
Vertiv
Thermaltake
Alphacool
Bitspower
FRD
Auras
Forcecon
Liquid Cooling Thermal Module Segment by Type
Direct Liquid Cooling
Immersion Cooling
Liquid Cooling Thermal Module Segment by Application
Data Center
Finance
Manufacturing
Medical
Energy
Others
Liquid Cooling Thermal Module Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Liquid Cooling Thermal Module market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Liquid Cooling Thermal Module and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Liquid Cooling Thermal Module.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Liquid Cooling Thermal Module manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Liquid Cooling Thermal Module in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Direct Liquid Cooling
- Immersion Cooling
Applications
- Data Center
- Finance
- Manufacturing
- Medical
- Energy
- Others
Companies covered
- SUNON
- Blueocean
- Meizhou Hongfuhan Technology
- Tennmax
- GrAndvance
- evercyan
- Fluentrop technology
- Nextron Group
- Vertiv
- Thermaltake
- Alphacool
- Bitspower
- FRD
- Auras
- Forcecon
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Liquid Cooling Thermal Module Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Liquid Cooling Thermal Module Sales Estimates and Forecasts (2021-2032)
- 1.3 Liquid Cooling Thermal Module Market by Type
- 1.3.1 Direct Liquid Cooling
- 1.3.2 Immersion Cooling
- 1.4 Global Liquid Cooling Thermal Module Market Size by Type
- 1.4.1 Global Liquid Cooling Thermal Module Market Size Overview by Type (2021-2032)
- 1.4.2 Global Liquid Cooling Thermal Module Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Liquid Cooling Thermal Module Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Liquid Cooling Thermal Module Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Liquid Cooling Thermal Module Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Liquid Cooling Thermal Module Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Liquid Cooling Thermal Module Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Liquid Cooling Thermal Module Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Liquid Cooling Thermal Module Industry Trends
- 2.2 Liquid Cooling Thermal Module Industry Drivers
- 2.3 Liquid Cooling Thermal Module Industry Opportunities and Challenges
- 2.4 Liquid Cooling Thermal Module Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Liquid Cooling Thermal Module Revenue (2021-2026)
- 3.2 Global Top Players by Liquid Cooling Thermal Module Sales (2021-2026)
- 3.3 Global Top Players by Liquid Cooling Thermal Module Price (2021-2026)
- 3.4 Global Liquid Cooling Thermal Module Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Liquid Cooling Thermal Module Major Company Production Sites & Headquarters
- 3.6 Global Liquid Cooling Thermal Module Company, Product Type & Application
- 3.7 Global Liquid Cooling Thermal Module Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Liquid Cooling Thermal Module Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Liquid Cooling Thermal Module Players Market Share by Revenue in 2025
- 3.8.3 2025 Liquid Cooling Thermal Module Tier 1, Tier 2, and Tier 3
4 Liquid Cooling Thermal Module Regional Status and Outlook
- 4.1 Global Liquid Cooling Thermal Module Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Liquid Cooling Thermal Module Historic Market Size by Region
- 4.2.1 Global Liquid Cooling Thermal Module Sales in Volume by Region (2021-2026)
- 4.2.2 Global Liquid Cooling Thermal Module Sales in Value by Region (2021-2026)
- 4.2.3 Global Liquid Cooling Thermal Module Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Liquid Cooling Thermal Module Forecasted Market Size by Region
- 4.3.1 Global Liquid Cooling Thermal Module Sales in Volume by Region (2027-2032)
- 4.3.2 Global Liquid Cooling Thermal Module Sales in Value by Region (2027-2032)
- 4.3.3 Global Liquid Cooling Thermal Module Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Liquid Cooling Thermal Module by Application
- 5.1 Liquid Cooling Thermal Module Market by Application
- 5.1.1 Data Center
- 5.1.2 Finance
- 5.1.3 Manufacturing
- 5.1.4 Medical
- 5.1.5 Energy
- 5.1.6 Others
- 5.2 Global Liquid Cooling Thermal Module Market Size by Application
- 5.2.1 Global Liquid Cooling Thermal Module Market Size Overview by Application (2021-2032)
- 5.2.2 Global Liquid Cooling Thermal Module Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Liquid Cooling Thermal Module Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Liquid Cooling Thermal Module Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Liquid Cooling Thermal Module Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Liquid Cooling Thermal Module Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Liquid Cooling Thermal Module Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Liquid Cooling Thermal Module Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 SUNON
- 6.1.1 SUNON Company Information
- 6.1.2 SUNON Business Overview
- 6.1.3 SUNON Liquid Cooling Thermal Module Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 SUNON Liquid Cooling Thermal Module Product Portfolio
- 6.1.5 SUNON Recent Developments
- 6.2 Blueocean
- 6.2.1 Blueocean Company Information
- 6.2.2 Blueocean Business Overview
- 6.2.3 Blueocean Liquid Cooling Thermal Module Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Blueocean Liquid Cooling Thermal Module Product Portfolio
- 6.2.5 Blueocean Recent Developments
- 6.3 Meizhou Hongfuhan Technology
- 6.3.1 Meizhou Hongfuhan Technology Company Information
- 6.3.2 Meizhou Hongfuhan Technology Business Overview
- 6.3.3 Meizhou Hongfuhan Technology Liquid Cooling Thermal Module Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Meizhou Hongfuhan Technology Liquid Cooling Thermal Module Product Portfolio
- 6.3.5 Meizhou Hongfuhan Technology Recent Developments
- 6.4 Tennmax
- 6.4.1 Tennmax Company Information
- 6.4.2 Tennmax Business Overview
- 6.4.3 Tennmax Liquid Cooling Thermal Module Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Tennmax Liquid Cooling Thermal Module Product Portfolio
- 6.4.5 Tennmax Recent Developments
- 6.5 GrAndvance
- 6.5.1 GrAndvance Company Information
- 6.5.2 GrAndvance Business Overview
- 6.5.3 GrAndvance Liquid Cooling Thermal Module Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 GrAndvance Liquid Cooling Thermal Module Product Portfolio
- 6.5.5 GrAndvance Recent Developments
- 6.6 evercyan
- 6.6.1 evercyan Company Information
- 6.6.2 evercyan Business Overview
- 6.6.3 evercyan Liquid Cooling Thermal Module Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 evercyan Liquid Cooling Thermal Module Product Portfolio
- 6.6.5 evercyan Recent Developments
- 6.7 Fluentrop technology
- 6.7.1 Fluentrop technology Company Information
- 6.7.2 Fluentrop technology Business Overview
- 6.7.3 Fluentrop technology Liquid Cooling Thermal Module Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Fluentrop technology Liquid Cooling Thermal Module Product Portfolio
- 6.7.5 Fluentrop technology Recent Developments
- 6.8 Nextron Group
- 6.8.1 Nextron Group Company Information
- 6.8.2 Nextron Group Business Overview
- 6.8.3 Nextron Group Liquid Cooling Thermal Module Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Nextron Group Liquid Cooling Thermal Module Product Portfolio
- 6.8.5 Nextron Group Recent Developments
- 6.9 Vertiv
- 6.9.1 Vertiv Company Information
- 6.9.2 Vertiv Business Overview
- 6.9.3 Vertiv Liquid Cooling Thermal Module Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Vertiv Liquid Cooling Thermal Module Product Portfolio
- 6.9.5 Vertiv Recent Developments
- 6.10 Thermaltake
- 6.10.1 Thermaltake Company Information
- 6.10.2 Thermaltake Business Overview
- 6.10.3 Thermaltake Liquid Cooling Thermal Module Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Thermaltake Liquid Cooling Thermal Module Product Portfolio
- 6.10.5 Thermaltake Recent Developments
- 6.11 Alphacool
- 6.11.1 Alphacool Company Information
- 6.11.2 Alphacool Business Overview
- 6.11.3 Alphacool Liquid Cooling Thermal Module Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Alphacool Liquid Cooling Thermal Module Product Portfolio
- 6.11.5 Alphacool Recent Developments
- 6.12 Bitspower
- 6.12.1 Bitspower Company Information
- 6.12.2 Bitspower Business Overview
- 6.12.3 Bitspower Liquid Cooling Thermal Module Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Bitspower Liquid Cooling Thermal Module Product Portfolio
- 6.12.5 Bitspower Recent Developments
- 6.13 FRD
- 6.13.1 FRD Company Information
- 6.13.2 FRD Business Overview
- 6.13.3 FRD Liquid Cooling Thermal Module Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 FRD Liquid Cooling Thermal Module Product Portfolio
- 6.13.5 FRD Recent Developments
- 6.14 Auras
- 6.14.1 Auras Company Information
- 6.14.2 Auras Business Overview
- 6.14.3 Auras Liquid Cooling Thermal Module Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Auras Liquid Cooling Thermal Module Product Portfolio
- 6.14.5 Auras Recent Developments
- 6.15 Forcecon
- 6.15.1 Forcecon Company Information
- 6.15.2 Forcecon Business Overview
- 6.15.3 Forcecon Liquid Cooling Thermal Module Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Forcecon Liquid Cooling Thermal Module Product Portfolio
- 6.15.5 Forcecon Recent Developments
7 North America by Country
- 7.1 North America Liquid Cooling Thermal Module Sales by Country
- 7.1.1 North America Liquid Cooling Thermal Module Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Liquid Cooling Thermal Module Sales by Country (2021-2026)
- 7.1.3 North America Liquid Cooling Thermal Module Sales Forecast by Country (2027-2032)
- 7.2 North America Liquid Cooling Thermal Module Market Size by Country
- 7.2.1 North America Liquid Cooling Thermal Module Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Liquid Cooling Thermal Module Market Size by Country (2021-2026)
- 7.2.3 North America Liquid Cooling Thermal Module Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Liquid Cooling Thermal Module Sales by Country
- 8.1.1 Europe Liquid Cooling Thermal Module Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Liquid Cooling Thermal Module Sales by Country (2021-2026)
- 8.1.3 Europe Liquid Cooling Thermal Module Sales Forecast by Country (2027-2032)
- 8.2 Europe Liquid Cooling Thermal Module Market Size by Country
- 8.2.1 Europe Liquid Cooling Thermal Module Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Liquid Cooling Thermal Module Market Size by Country (2021-2026)
- 8.2.3 Europe Liquid Cooling Thermal Module Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Liquid Cooling Thermal Module Sales by Country
- 9.1.1 Asia-Pacific Liquid Cooling Thermal Module Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Liquid Cooling Thermal Module Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Liquid Cooling Thermal Module Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Liquid Cooling Thermal Module Market Size by Country
- 9.2.1 Asia-Pacific Liquid Cooling Thermal Module Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Liquid Cooling Thermal Module Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Liquid Cooling Thermal Module Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Liquid Cooling Thermal Module Sales by Country
- 10.1.1 South America Liquid Cooling Thermal Module Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Liquid Cooling Thermal Module Sales by Country (2021-2026)
- 10.1.3 South America Liquid Cooling Thermal Module Sales Forecast by Country (2027-2032)
- 10.2 South America Liquid Cooling Thermal Module Market Size by Country
- 10.2.1 South America Liquid Cooling Thermal Module Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Liquid Cooling Thermal Module Market Size by Country (2021-2026)
- 10.2.3 South America Liquid Cooling Thermal Module Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Liquid Cooling Thermal Module Sales by Country
- 11.1.1 Middle East and Africa Liquid Cooling Thermal Module Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Liquid Cooling Thermal Module Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Liquid Cooling Thermal Module Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Liquid Cooling Thermal Module Market Size by Country
- 11.2.1 Middle East and Africa Liquid Cooling Thermal Module Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Liquid Cooling Thermal Module Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Liquid Cooling Thermal Module Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Liquid Cooling Thermal Module Value Chain Analysis
- 12.1.1 Liquid Cooling Thermal Module Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Liquid Cooling Thermal Module Production Mode & Process
- 12.2 Liquid Cooling Thermal Module Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Liquid Cooling Thermal Module Distributors
- 12.2.3 Liquid Cooling Thermal Module Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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