“政策+市场”驱动液冷产业扩张

Core Insights - The Ministry of Industry and Information Technology and six other departments have issued a plan to promote service-oriented manufacturing innovation from 2025 to 2028, emphasizing the construction of new information infrastructure and the integration of "5G + industrial internet" [1] - Liquid cooling technology is identified as a key component of AI computing infrastructure, transitioning from an optional technology to a necessary configuration, with significant growth expected in the industry [1][2] Industry Growth and Market Potential - The demand for high-performance computing in AI has surged, leading to rapid growth in the liquid cooling market, with China's liquid cooling server market projected to reach $2.37 billion in 2024, a 67% increase from 2023 [2] - By 2029, the market size for liquid cooling servers in China is expected to reach $16.2 billion, indicating a strong upward trend [2] Application and Commercialization - Liquid cooling technology is increasingly applied in high-performance computing, AI training, and large-scale data centers, particularly in AI servers with high-power GPUs and CPUs [3] - The commercial model for the liquid cooling industry includes hardware sales and service-oriented approaches, with significant procurement concentrated in the internet, telecommunications, and government sectors [3] Industry Chain Development - The liquid cooling industry chain has formed a complete matrix covering server manufacturing, temperature control in data centers, core components, and cooling materials, allowing companies to build differentiated competitive advantages [4] - Companies like Guangdong Liying Intelligent Manufacturing and Shenzhen New Zobang Technology are actively expanding their core business in response to favorable policies and increasing AI computing demands [4][5] Technological Advancements - Liquid cooling solutions can reduce energy consumption by 50% and achieve a Power Usage Effectiveness (PUE) of below 1.05, showcasing their efficiency [5] - Industry players are focusing on high-barrier segments, enhancing the purity of fluorinated liquids, and improving microchannel design and sealing technology to boost product competitiveness [5]