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Cold Plates Market Trends

Report ID: GMI6160
Published Date: Jul 2023
Report Format: PDF

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Cold Plates Market Trends

Liquid cooling solutions including cold plates are in high demand in current times compared to traditional air-cooling methods. Liquid cooling provides excellent heat dissipation, enabling more effective cooling of high-power electronics and closely arranged components. Microchannel cold plates are gaining traction due to their compactness, lower weight, and reliable heat transfer. Additive manufacturing including techniques such as 3D printing is being increasingly used to produce intricate cold plate designs. The technology allows for rapid prototyping, customization, and the production of intricate cooling structures, improving the overall effectiveness of cold plates. Such cold plates feature complicated channels that assist improved cooling performance and are suitable for space-constrained applications.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of cold plates was valued at over USD 321 million in 2022 and is projected to reach USD 534 million by 2032 owing to the rising utilization of electronic devices.

The copper segment accounted for USD 186 million in 2022 and is gaining traction as copper is known for its high thermal conductivity, ensuring effective heat transfer from the heat source to the cooling medium.

U.S. dominated North America cold plates market with a revenue share of USD 141 million in 2022 and is predicted to grow at a lucrative pace by 2032, on account of increasing setup of data centers, and rising adoption of EVs.

Boyd Corporation, Lytron, Aavid Thermalloy, Wakefield-Vette, Heatron, Laird Thermal Systems, Delta T Corporation, Advanced Cooling Technologies, and Wieland Thermal Solutions.