Core Insights - The global server cooling market is experiencing structural growth opportunities driven by increased AI server shipments and rapid penetration of liquid cooling technology, with projections indicating a market size of $17.6 billion by 2027 [1][3]. Market Growth Projections - The global server cooling market is expected to grow by 111% in 2025, 77% in 2026, and 26% in 2027, reaching $17.6 billion by 2027 [1][3]. - The AI training server cooling market is projected to expand from $1.5 billion in 2024 to $12.4 billion in 2027, with a compound annual growth rate (CAGR) of 101% [1][3]. Liquid Cooling Penetration - Liquid cooling penetration for AI training servers is forecasted to rise from 15% in 2024 to 80% by 2027, with significant differentiation in penetration rates across market segments [2][4]. - Full rack AI training servers have achieved 100% liquid cooling penetration, becoming a key market driver [2]. Market Dynamics - The liquid cooling segment is expected to grow from $1.2 billion in 2024 to $15.2 billion by 2027, while the air cooling market remains relatively stable [3][4]. - The market is anticipated to peak in growth rate in 2025 before gradually declining, yet still maintaining strong growth [3]. Segment Analysis - The AI training server cooling market is expected to dominate, with growth from $4.5 billion in 2025 to $12.4 billion in 2027, while the general/HPC and AI inference server cooling markets will see more moderate growth [4]. - Liquid cooling penetration in the AI training server market is projected to reach 80% by 2027, indicating a clear technological direction [4]. Innovation and Supplier Requirements - Innovative cooling designs are being developed to meet the increasing thermal demands of AI servers, with a focus on enhancing both the quantity and value of cooling components [5]. - Suppliers are required to enhance their customization capabilities, design responsiveness, and production capacity to support new product introductions [5]. Component Innovations - New cooling technologies include 3D printed cold plates and microchannel solutions, which improve heat exchange efficiency [6].