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.
Some Major Key Players In The Liquid Cooling Market for Stationary Battery Energy Storage System (BESS) Market:
Liquid Cooling System Supplier
BESS Manufacturer
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.
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'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.
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.
|
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 |
Liquid Cooling System Suppliers (Boyd Thermal Division, Laird Thermal Systems, Miba (Miba FLEXcooler), PT HEATSINK, LiquidStack, Songz Shanghai, Longertek, Aotecar, GOALAND, XD THERMAL, Valeo, Modine Manufacturing, VE Energy Co., Ltd., Others), BESS Manufacturers (Beijing HyperStrong Technology Co., Ltd., Chengdu Tecloman Energy Storage Technology Co., Ltd., Contemporary Amperex Technology Co., Limited (CATL), Fluence Energy, LLC, Jiangsu Zhongtian Technology Co., Ltd. (ZTT Group), Narada Energy India Private Limited, Shanghai Sermatec Energy Technology Co., Ltd., Sungrow Power Supply Co., Ltd., Symtech Solar Group, Trina Solar Limited, Xiamen Hithium Energy Storage Technology Co., Ltd., 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. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Liquid Cooling Market for Stationary Battery Energy Storage System (BESS) Market Snapshot
Chapter 4. Global Liquid Cooling Market for Stationary Battery Energy Storage System (BESS) Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Porter's Five Forces Analysis
4.7. Incremental Opportunity Analysis (US$ MN), 2025-2034
4.8. Competitive Landscape & Market Share Analysis, By Key Player (2024)
4.9. Supply Chain Analysis
4.10. Global Battery Energy Storage System (BESS) Market, Value and Volume Analysis by Region
4.11. Use/impact of AI on Liquid Cooling Market for Stationary Battery Energy Storage System (BESS) Market Industry Trends
4.12. Global Liquid Cooling Market for Stationary Battery Energy Storage System (BESS) Market Penetration & Growth Prospect Mapping (US$ Mn), 2024-2034
Chapter 5. Liquid Cooling Market for Stationary Battery Energy Storage System Market Segmentation 1: By Application, Estimates & Trend Analysis
5.1. Market Share by Application, 2024 & 2034
5.2. Market Size Revenue (US$ Million) & Forecasts and Trend Analyses, 2021 to 2034 for the following Application:
5.2.1. Utility-Scale Energy Storage
5.2.2. Commercial and Industrial Energy Storage
5.2.3. Residential Energy Storage
5.2.4. Microgrids
5.2.5. Others
Chapter 6. Liquid Cooling Market for Stationary Battery Energy Storage System Market Segmentation 2: By Power Capacity, Estimates & Trend Analysis
6.1. Market Share by Power Capacity, 2024 & 2034
6.2. Market Size Revenue (US$ Million) & Forecasts and Trend Analyses, 2021 to 2034 for the following Power Capacity:
6.2.1. Small-Scale ESS (6.2.2. Medium-Scale ESS (1 MW–10 MW)
6.2.3. Large-Scale ESS (>10 MW)
Chapter 7. Liquid Cooling Market for Stationary Battery Energy Storage System Market Segmentation 3: By Cooling Type, Estimates & Trend Analysis
7.1. Market Share by Cooling Type, 2024 & 2034
7.2. Market Size Revenue (US$ Million) & Forecasts and Trend Analyses, 2021 to 2034 for the following Cooling Type:
7.2.1. Active Liquid Cooling
7.2.2. Passive Liquid Cooling
7.2.3. Hybrid Liquid Cooling Systems
Chapter 8. Liquid Cooling Market for Stationary Battery Energy Storage System Market Segmentation 4: By Cooling Fluid Type, Estimates & Trend Analysis
8.1. Market Share by Cooling Fluid Type, 2024 & 2034
8.2. Market Size Revenue (US$ Million) & Forecasts and Trend Analyses, 2021 to 2034 for the following Cooling Fluid Type:
8.2.1. Water-Based Coolants
8.2.2. Glycol-Based Coolants
8.2.3. Oil-Based Coolants
8.2.4. Synthetic Fluids
8.2.5. Others
Chapter 9. Liquid Cooling Market for Stationary Battery Energy Storage System Market Segmentation 5: By Battery Chemistry Type, Estimates & Trend Analysis
9.1. Market Share by Battery Chemistry Type, 2024 & 2034
9.2. Market Size Revenue (US$ Million) & Forecasts and Trend Analyses, 2021 to 2034 for the following Battery Chemistry Type:
9.2.1. Lithium-Ion Batteries
9.2.2. Lead-Acid Batteries
9.2.3. Others
Chapter 10. Liquid Cooling Market for Stationary Battery Energy Storage System Market Segmentation 6: By System Configuration Type, Estimates & Trend Analysis
10.1. Market Share by System Configuration Type, 2024 & 2034
10.2. Market Size Revenue (US$ Million) & Forecasts and Trend Analyses, 2021 to 2034 for the following System Configuration Type:
10.2.1. Modular Cooling Systems
10.2.2. Centralized Cooling Systems
10.2.3. Distributed Cooling Systems
Chapter 11. Liquid Cooling Market for Stationary Battery Energy Storage System Market Segmentation 7: Regional Estimates & Trend Analysis
11.1. Global Liquid Cooling Market for Stationary Battery Energy Storage System Market, Regional Snapshot 2024 & 2034
11.2. North America
11.2.1. North America Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
11.2.1.1. US
11.2.1.2. Canada
11.2.2. North America Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
11.2.3. North America Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Power Capacity, 2021-2034
11.2.4. North America Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Cooling Type, 2021-2034
11.2.5. North America Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Cooling Fluid Type, 2021-2034
11.2.6. North America Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Battery Chemistry Type, 2021-2034
11.2.7. North America Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by System Configuration Type, 2021-2034
11.3. Europe
11.3.1. Europe Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
11.3.1.1. Germany
11.3.1.2. U.K.
11.3.1.3. France
11.3.1.4. Italy
11.3.1.5. Spain
11.3.1.6. Rest of Europe
11.3.2. Europe Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
11.3.3. Europe Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Power Capacity, 2021-2034
11.3.4. Europe Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Cooling Type, 2021-2034
11.3.5. Europe Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Cooling Fluid Type, 2021-2034
11.3.6. Europe Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Battery Chemistry Type, 2021-2034
11.3.7. Europe Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by System Configuration Type, 2021-2034
11.4. Asia Pacific
11.4.1. Asia Pacific Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
11.4.1.1. India
11.4.1.2. China
11.4.1.3. Japan
11.4.1.4. Australia
11.4.1.5. South Korea
11.4.1.6. Hong Kong
11.4.1.7. Southeast Asia
11.4.1.8. Rest of Asia Pacific
11.4.2. Asia Pacific Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
11.4.3. Asia Pacific Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Power Capacity, 2021-2034
11.4.4. Asia Pacific Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Cooling Type, 2021-2034
11.4.5. Asia Pacific Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Cooling Fluid Type, 2021-2034
11.4.6. Asia Pacific Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Battery Chemistry Type, 2021-2034
11.4.7. Asia Pacific Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by System Configuration Type, 2021-2034
11.5. Latin America
11.5.1. Latin America Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
11.5.1.1. Brazil
11.5.1.2. Mexico
11.5.1.3. Rest of Latin America
11.5.2. Latin America Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
11.5.3. Latin America Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Power Capacity, 2021-2034
11.5.4. Latin America Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Cooling Type, 2021-2034
11.5.5. Latin America Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Cooling Fluid Type, 2021-2034
11.5.6. Latin America Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Battery Chemistry Type, 2021-2034
11.5.7. Latin America Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by System Configuration Type, 2021-2034
11.6. Middle East & Africa
11.6.1. Middle East & Africa Wind Turbine Rotor Blade Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
11.6.1.1. GCC Countries
11.6.1.2. Israel
11.6.1.3. South Africa
11.6.1.4. Rest of Middle East and Africa
11.6.2. Middle East & Africa Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
11.6.3. Middle East & Africa Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Power Capacity, 2021-2034
11.6.4. Middle East & Africa Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Cooling Type, 2021-2034
11.6.5. Middle East & Africa Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Cooling Fluid Type, 2021-2034
11.6.6. Middle East & Africa Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by Battery Chemistry Type, 2021-2034
11.6.7. Middle East & Africa Liquid Cooling Market for Stationary Battery Energy Storage System Market Revenue (US$ Million) Estimates and Forecasts by System Configuration Type, 2021-2034
Chapter 12. Competitive Landscape
12.1. Major Mergers and Acquisitions/Strategic Alliances
12.2. Company Profiles
12.2.1. EVE Energy Co., Ltd.
12.2.1.1. Business Overview
12.2.1.2. Key Application/Service Overview
12.2.1.3. Financial Performance
12.2.1.4. Geographical Presence
12.2.1.5. Recent Developments with Business Strategy
12.2.2. ShenZhen CEGN Co., Ltd.
12.2.3. SUNGROW
12.2.4. Vericom Global Solutions
12.2.5. Symtech Solar Group
12.2.6. Shanghai Sermatec Energy technology Co., Ltd.
12.2.7. Narada
12.2.8. Hithium Energy Storage Technology Co., Ltd
12.2.9. Chengdu Tecloman Energy Storage Technology Co., Ltd.
12.2.10. ZTT New Energy
12.2.11. Beijing HyperStrong Technology Co., LTD.
12.2.12. Contemporary Amperex Technology Co.
12.2.13. Fluence
12.2.14. Trinasolar
12.2.15. Xi'An JD Energy Co., Ltd.
Segmentation of Liquid Cooling Market for Stationary Battery Energy Storage System (BESS)-
Liquid Cooling Market for Stationary Battery Energy Storage System (BESS)By Application-
Liquid Cooling Market for Stationary Battery Energy Storage System (BESS)By Power Capacity-
Liquid Cooling Market for Stationary Battery Energy Storage System (BESS)By Cooling Type-
Liquid Cooling Market for Stationary Battery Energy Storage System (BESS)By Cooling Fluid Type-
Liquid Cooling Market for Stationary Battery Energy Storage System (BESS)Liquid Cooling Market for Stationary Battery Energy Storage System (BESS)By Battery Chemistry Type-
Liquid Cooling Market for Stationary Battery Energy Storage System (BESS)By System Configuration Type-
Liquid Cooling Market for Stationary Battery Energy Storage System (BESS)By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
