Global Liquid Cooling Market for Stationary Battery Energy Storage System (BESS) Market Size is valued at USD 4.3 billion in 2024 and is predicted to reach USD 30.2 billion by the year 2034 at a 21.8% CAGR during the forecast period for 2025-2034.
Liquid cooling for Stationary Battery Energy Storage Systems (BESS) uses liquid coolants (e.g., water, glycol) to regulate heat produced by batteries during charge-discharge cycles. In contrast to air cooling, liquid systems circulate coolant through channels or plates adjacent to battery cells, providing enhanced heat dissipation, temperature consistency, and safety. This is essential for stationary Battery Energy Storage Systems (BESS)—extensive lithium-ion or analogous battery configurations utilized for grid stabilization, renewable energy storage, and peak shaving—where elevated energy density and extended operation generate considerable heat loads.
The market for stationary battery energy storage systems (BESS) liquid cooling is expected to increase rapidly as the demand for renewable energy sources is rising and the growing deployment of grid-related energy storage systems. However, issues like expensive startup costs, difficult implementation, and worries about system upkeep and dependability still exist.
Nevertheless, the growing adoption of renewable energy sources and ongoing advancements in technology present substantial opportunities for innovation in this sector. Liquid cooling is poised to remain a critical enabler of large-scale energy storage systems, ensuring sustainability and reliability while driving future growth in the market.
Competitive Landscape
Some Major Key Players In The Liquid Cooling Market for Stationary Battery Energy Storage System (BESS) Market:
- VE Energy Co., Ltd.
- ShenZhen CEGN Co., Ltd.
- Sungrow Power Supply Co., Ltd.
- Vericom Global Solutions, Inc.
- Symtech Solar Group
- Shanghai Sermatec Energy Technology Co., Ltd.
- Narada Energy India Private Limited
- Xiamen Hithium Energy Storage Technology Co., Ltd.
- Chengdu Tecloman Energy Storage Technology Co., Ltd.
- Jiangsu Zhongtian Technology Co., Ltd. (ZTT Group)
- Beijing HyperStrong Technology Co., Ltd.
- Contemporary Amperex Technology Co., Limited (CATL)
- Fluence Energy, LLC
- Trina Solar Limited
- Xi'An JD Energy Co., Ltd.
- Other Market Players
Market Segmentation:
The Liquid Cooling Market for Stationary Battery Energy Storage Systems (BESS) market is segmented based on Application, Power Capacity, Cooling Type, Cooling Fluid Type, Battery Chemistry Type, and System Configuration Type. Accoridng to the Application, the market is segmented into Utility-Scale Energy Storage, Commercial and Industrial Energy Storage, Residential Energy Storage, Microgrids, and Others. By Power Capacity, the market is segmented into Small-Scale ESS (10 MW). By Cooling Type, the market is segmented into Active Liquid Cooling, Passive Liquid Cooling, and Hybrid Liquid Cooling Systems.
The Cooling Fluid Type segment comprises Water-Based Coolants, Glycol-Based Coolants, Oil-Based Coolants, Synthetic Fluids, and Others. By Battery Chemistry Type, the market is segmented into Lithium-Ion Batteries, Lead-Acid Batteries, and Others. By System Configuration Type, the market is segmented into Modular Cooling Systems, Centralized Cooling Systems, and Distributed Cooling Systems.
Based On The Application, The Utility-Scale Energy Storage Segment Is Accounted As A Major Contributor To The Liquid Cooling Market For Stationary Battery Energy Storage System (BESS) Market
The Utility-Scale Energy Storage category is expected to hold a major global market share in 2024, fueled by its growing proportion of energy storage capability. Efficient liquid cooling systems have been essential for temperature control and dependability since utility-scale BESS have large energy requirements and heat output. The need for sophisticated cooling technologies will increase as these projects grow, spurring innovation and facilitating the scalability of BESS solutions.
Active Liquid Cooling Segment To Witness Growth At A Rapid Rate
Active liquid cooling's exceptional capacity to handle high thermal loads in expansive installations positions it to dominate the stationary BESS market. Using pumps and heat exchangers, active cooling systems offer accurate temperature management as power capacity and battery density rise, improving dependability and prolonging battery life. In utility-scale projects with continuous heat generation, active liquid cooling performs better than air cooling in high-power applications. Active liquid cooling is the recommended option for safety and operational efficiency because companies like Volvo Energy have already put these systems into place, guaranteeing ideal thermal management in a range of environmental situations.
In The Region, The North America Liquid Cooling Market For Stationary Battery Energy Storage System (BESS) Market Holds A Significant Revenue Share
North America Liquid Cooling Market for Stationary Battery Energy Storage System (BESS) market is expected to register the highest market share in revenue in the near future, driven by its lofty goals and quick uptake of renewable energy. Renewable energy sources' sporadic nature emphasizes the necessity of effective, extensive energy storage. When it comes to handling temperature issues and guaranteeing system dependability, liquid-cooled BESS has proven essential. The need for sophisticated liquid cooling technology will increase throughout the region as investments in wind and solar projects increase.
In addition, Asia Pacific is projected to grow rapidly in the global Liquid Cooling Market for the Stationary Battery Energy Storage System (BESS) market, driven by the need for effective thermal management systems and the growing use of renewable energy sources. Since liquid cooling systems provide better heat dissipation than conventional air cooling techniques, they are crucial for preserving maximum performance and safety in large-scale energy storage applications. In utility-scale systems, where efficient heat management guarantees battery longevity and system dependability, this efficiency is especially important.
Recent Developments:
- In February 2025, Sungrow partnered with Sun Village to deploy 500MWh of BESS across Japan, aiming to enhance the country's renewable energy infrastructure. Sungrow enable to supply utility-scale and commercial and industrial (C&I) BESS equipment for Sun Village projects across Japan.
Liquid Cooling Market for Stationary Battery Energy Storage System (BESS) Market Report Scope:
Report Attribute |
Specifications |
Market Size Value In 2024 |
USD 4.3 Billion |
Revenue Forecast In 2034 |
USD 30.2 Billion |
Growth Rate CAGR |
CAGR of 21.8% from 2025 to 2034 |
Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2025 to 2034 |
Historic Year |
2021 to 2024 |
Forecast Year |
2025-2034 |
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
Segments Covered |
By Application, Power Capacity, Cooling Type, Cooling Fluid Type, Battery Chemistry Type, and System Configuration Type |
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
Competitive Landscape |
EVE Energy Co., Ltd.; ShenZhen CEGN Co., Ltd.; Sungrow Power Supply Co., Ltd.; Vericom Global Solutions, Inc.; Symtech Solar Group; Shanghai Sermatec Energy Technology Co., Ltd.; Narada Energy India Private Limited; Xiamen Hithium Energy Storage Technology Co., Ltd.; Chengdu Tecloman Energy Storage Technology Co., Ltd.; Jiangsu Zhongtian Technology Co., Ltd. (ZTT Group); Beijing HyperStrong Technology Co., Ltd.; Contemporary Amperex Technology Co., Limited (CATL); Fluence Energy, LLC; Trina Solar Limited; Xi'An JD Energy Co., Ltd.; Others. |
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |