Market Overview:
The global liquid cooling battery rack system market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy storage systems (ESS), uninterruptible power supply (UPS) and industrial applications, and rising concerns over data center cooling. The liquid cooling battery rack system market can be segmented on the basis of type into vertical and horizontal systems. The vertical system is expected to account for a larger share of the market due to its ability to cool batteries in a more efficient manner as compared to the horizontal system. On the basis of application, the market can be divided into ESS, UPS, industrial and seaborne applications, and defense applications. The ESS segment is projected to register highest growth during the forecast period owingto increasing demand from data centers acrossthe globe. Geographically,the globalliquid cooling battery racksystemmarket can be segmentedinto North America, Latin America, Europe Asia Pacificand Middle East & Africa .
Product Definition:
A liquid cooling battery rack system is a device that circulates a coolant through pipes embedded in the battery cells to keep them from overheating. This is important because if batteries overheat, they can catch fire or even explode.
Vertical:
Vertical is a type of rack system that has been used in server rooms for decades. It's primary function was to provide storage and organization for high-voltage equipment, which included the main power distribution unit (PDU), cooling systems, network gear, etc. In addition to housing all these essential components of a data center; verticals also offer easy access to everything at one convenient location.
Horizontal:
Horizontal battery rack system is used in liquid cooling the batteries. It helps to keep them cool and safe from any damage by keeping the high-voltage cables off the battery cells, protecting them from physical damage, and providing a stable platform for mounting.
The horizontal battery rack system includes: Battery monitor & Control Electronics (BMC) - provides monitoring functions such as charging voltage, temperature of each cell of every bank as well as overall health of batteries; it also controls.
Application Insights:
The market is segmented based on application into Electric, Steam and Gas (ESS), UPS, industrial, seaborne and defense. The electric segment dominated the global liquid cooling battery rack system market in 2017 owing to the growing demand for energy storage systems. The UPS application is projected to witness significant growth over the forecast period due to increasing demand from commercial sectors such as healthcare and telecoms among others.
The industry has witnessed a paradigm shift due to advancements in technology coupled with government initiatives that support adoption of renewable sources of energy such as solar power along with fossil fuel-based plants for backup purposes. This has resulted in increased focus on green power generation across various industries which will further boost product demand over the coming years.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to rising demand for energy storage systems in countries, such as China and India. In addition, increasing adoption of ESSs by various industries in countries like Japan and South Korea is anticipated to drive the regional market growth over the forecast period.
North America accounted for a significant share of revenue owing to early adoption of battery cooling technology by major end users across this region. Moreover, presence of key manufacturers with extensive distribution networks will help them maintain their dominance in this industry during future years also. Europe was estimated at USD X million in 2017 and is projected to grow at a CAGR close to 4% from 2018 until 2030 due high penetration rates attained by utilities sector across this region especially after implementation of strict regulatory norms regarding GHG emissions reduction targets set under Paris Agreement on Climate Change (PACC).
Growth Factors:
- Increasing demand for data centers: The global data center market is expected to grow at a CAGR of over 10% from 2016 to 2020. This is primarily due to the increasing demand for cloud-based services and big data analytics.
- Growing need for energy efficiency: Data centers account for 2% of global electricity consumption and this number is expected to grow in the future as more and more devices get connected to the internet. Liquid cooling systems are more energy efficient than air cooling systems, thus driving their adoption in data centers.
- Rising concerns over climate change: With growing awareness about climate change, there is an increasing focus on reducing greenhouse gas emissions from data centers. Liquid cooling systems have a lower carbon footprint than air cooling systems, making them a preferred choice among many organizations concerned about their environmental impact .
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Cooling Battery Rack System Market Research Report
By Type
Vertical, Horizontal
By Application
ESS, UPS, Industrial, Seaborne, Defense
By Companies
Kokam, CATL, technotrans AG, Praxis Automation Technology, Sterling PBES
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Cooling Battery Rack System Market Report Segments:
The global Liquid Cooling Battery Rack System market is segmented on the basis of:
Types
Vertical, Horizontal
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
ESS, UPS, Industrial, Seaborne, Defense
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kokam
- CATL
- technotrans AG
- Praxis Automation Technology
- Sterling PBES
Highlights of The Liquid Cooling Battery Rack System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vertical
- Horizontal
- By Application:
- ESS
- UPS
- Industrial
- Seaborne
- Defense
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Liquid Cooling Battery Rack System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A liquid cooling battery rack system is a way to cool down batteries in electronic devices. It uses a series of tubes to circulate water or other liquids around the batteries. This helps to keep them cooler and more efficient, which can extend their life.
Some of the major companies in the liquid cooling battery rack system market are Kokam, CATL, technotrans AG, Praxis Automation Technology, Sterling PBES.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Liquid Cooling Battery Rack System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Liquid Cooling Battery Rack System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Liquid Cooling Battery Rack System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Liquid Cooling Battery Rack System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Liquid Cooling Battery Rack System Market Size & Forecast, 2018-2028
4.5.1 Liquid Cooling Battery Rack System Market Size and Y-o-Y Growth
4.5.2 Liquid Cooling Battery Rack System Market Absolute $ Opportunity
Chapter 5 Global Liquid Cooling Battery Rack System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Liquid Cooling Battery Rack System Market Size Forecast by Type
5.2.1 Vertical
5.2.2 Horizontal
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Liquid Cooling Battery Rack System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Liquid Cooling Battery Rack System Market Size Forecast by Applications
6.2.1 ESS
6.2.2 UPS
6.2.3 Industrial
6.2.4 Seaborne
6.2.5 Defense
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Liquid Cooling Battery Rack System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Liquid Cooling Battery Rack System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Liquid Cooling Battery Rack System Analysis and Forecast
9.1 Introduction
9.2 North America Liquid Cooling Battery Rack System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Liquid Cooling Battery Rack System Market Size Forecast by Type
9.6.1 Vertical
9.6.2 Horizontal
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Liquid Cooling Battery Rack System Market Size Forecast by Applications
9.10.1 ESS
9.10.2 UPS
9.10.3 Industrial
9.10.4 Seaborne
9.10.5 Defense
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Liquid Cooling Battery Rack System Analysis and Forecast
10.1 Introduction
10.2 Europe Liquid Cooling Battery Rack System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Liquid Cooling Battery Rack System Market Size Forecast by Type
10.6.1 Vertical
10.6.2 Horizontal
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Liquid Cooling Battery Rack System Market Size Forecast by Applications
10.10.1 ESS
10.10.2 UPS
10.10.3 Industrial
10.10.4 Seaborne
10.10.5 Defense
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Liquid Cooling Battery Rack System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Liquid Cooling Battery Rack System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Liquid Cooling Battery Rack System Market Size Forecast by Type
11.6.1 Vertical
11.6.2 Horizontal
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Liquid Cooling Battery Rack System Market Size Forecast by Applications
11.10.1 ESS
11.10.2 UPS
11.10.3 Industrial
11.10.4 Seaborne
11.10.5 Defense
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Liquid Cooling Battery Rack System Analysis and Forecast
12.1 Introduction
12.2 Latin America Liquid Cooling Battery Rack System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Liquid Cooling Battery Rack System Market Size Forecast by Type
12.6.1 Vertical
12.6.2 Horizontal
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Liquid Cooling Battery Rack System Market Size Forecast by Applications
12.10.1 ESS
12.10.2 UPS
12.10.3 Industrial
12.10.4 Seaborne
12.10.5 Defense
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Liquid Cooling Battery Rack System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Liquid Cooling Battery Rack System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Liquid Cooling Battery Rack System Market Size Forecast by Type
13.6.1 Vertical
13.6.2 Horizontal
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Liquid Cooling Battery Rack System Market Size Forecast by Applications
13.10.1 ESS
13.10.2 UPS
13.10.3 Industrial
13.10.4 Seaborne
13.10.5 Defense
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Liquid Cooling Battery Rack System Market: Competitive Dashboard
14.2 Global Liquid Cooling Battery Rack System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kokam
14.3.2 CATL
14.3.3 technotrans AG
14.3.4 Praxis Automation Technology
14.3.5 Sterling PBES
