In recent years, the construction of domestic data centers has accelerated. According to data from the China Academy of Information and Communications Technology, in 2021, the number of racks in use in China's data centers will reach 5.2 million, an increase of more than 1 million from 2020. According to the Ministry of Industry and Information Technology's "Three-Year Action Plan for the Development of New Data Centers (2021-2023)", it is estimated that by the end of 2023, the national data center rack scale will maintain an average annual growth rate of around 20%. In 2023, the number of data centers in use in China will exceed 8 million.In 2021, the scale of China's data center market will exceed 150 billion yuan, and it is expected that the scale of China's data center market will exceed 190 billion yuan in 2022, showing a rapid growth trend.
It is estimated that the market size of China's liquid cooling data center will exceed 100 billion in 2025.According to the "White Paper on Liquid Cooling", considering that liquid cooling can replace traditional markets, including the air-cooled computer room air conditioner market, server market, and data center infrastructure (cabinet, CDU, cooling tower, etc.) market, it is estimated that in 2025, under conservative calculations The market size of China's liquid-cooled data center will reach 128.32 billion yuan, and optimistically, the market size of China's liquid-cooled data center will reach 133.03 billion yuan.

With its excellent cooling effect, immersion liquid cooling will rapidly increase its market share.According to the "White Paper on Liquid Cooling", conservatively speaking, the market size of China's cold-plate liquid-cooled data center will reach 75.71 billion yuan in 2025, and that of the immersion type will reach 52.61 billion yuan; optimistically, the market size of China's cold-plate liquid-cooled data center in 2025 will It will reach 78.49 billion yuan, and the immersion type will be 54.54 billion yuan.Among them, the market share of immersion liquid cooling data centers is growing rapidly due to its excellent cooling effect, and the proportion of immersion liquid cooling data centers will increase from about 18% in 2019 to about 40% in 2025.

The demand for data center liquid cooling in the Internet, finance, telecommunications and other fields will continue to increase.It is estimated that by 2025, the proportion of liquid-cooled data centers in the Internet industry will reach 24.0%, that of the financial industry will reach 25.0%, and that of the telecommunications industry will reach 23.0%.However, energy, biology, medical care, government affairs and other industries will accelerate their integration into the new business model of general data centers, and the overall scale has declined.It is estimated that in 2025, the proportion of liquid-cooled data centers in the energy industry will reach 10.5%, the financial industry will reach 8.5%, the telecommunications industry will reach 6.5%, and other businesses represented by government affairs will drop to 2.5%.

In addition to data centers, the rapid development of the electrochemical energy storage market in recent years is expected to drive demand for energy storage temperature control industries.According to CNESA data, as of the end of 2021, the cumulative installed capacity of my country's energy storage projects that have been put into operation is 46.1GW, accounting for 22% of the total global market, an increase of 30% year-on-year. Due to the large capacity and power of energy storage batteries, their heat dissipation requirements At the same time, problems such as battery heat generation and uneven temperature distribution are prone to occur inside the energy storage system. A high-quality temperature control system is particularly important for the life and safety of the battery system.