Electric Vehicle and Data Center Cooling Advancing with Liquid and Direct Techniques while Fire Protection Materials See Growth
• Thermal management of EV batteries is evolving from passive air cooling to liquid cooling using cold plates. Further integration like cell-to-pack designs are becoming more common, impacting thermal interface material (TIM) demand.
• Oil cooling of electric motors is overtaking water jacket cooling. Direct oil cooling of power electronics is also being explored but less likely to dominate soon.
• Fire protection materials demand in EVs will grow 13 times by 2033 over 2022 levels to mitigate fire risks. Aerogels are gaining adoption for their lightweight insulation.
• Data center liquid cooling uptake is rising to meet increasing computing power demand. Immersion cooling pilots are happening but still early stage.
• Some high-performance EVs are using immersion battery cooling but IDTechEx predicts it will remain limited to certain power-dense applications.