# Data Center Cold Plate Market > Data Center Cold Plate Market: USD 1.78 billion in 2026, USD 5.77 billion by 2035, a 17.35% CAGR from 2025, as 1,400 W AI chips move to liquid. Publisher: DC Market Insights Author: Amit Jain, DC Market Insights Published: 2026-10-29 Last updated: 2026-10-29 Next review: Apr 2027 Page: https://www.dcmarketinsights.com/report/data-center-cold-plate-market ## Key takeaways - Accelerator Power Climbs from 700 W to 1,400 W and Toward 2,000 W - Jet Impingement and Split-Flow Plates Take Share from Plain Skived Fins - Copper at USD 14,850 per Tonne and a 50% United States Copper Tariff - Memory, VRM and Switch Plates: USD 116.45 million to USD 1.10 billion **Frequently Asked Questions** **What is the size of the Data Center Cold Plate Market in 2026?** USD 1.78 billion in 2026, up 53.12% from USD 1.16 billion in 2025, according to DC Market Insights estimates. The market is projected to reach USD 5.77 billion by 2035, a CAGR of 17.35% from 2025. **What will the data center cold plate market be worth in 2030?** USD 4.12 billion in 2030 in the base case, 3.54 times the 2025 value, after 28.76% a year from 2025. Growth then slows to 6.95% a year to 2035 as new liquid-cooled capacity levels off. **How is the cold plate market structured in 2030?** In 2030 single-phase plates hold 93.5% of value, microchannel and skived fin designs 72.0%, copper 84.0%, GPU and accelerator plates 66.0% and hyperscale data centers 52.0% (DC Market Insights estimates). **What is the difference between single-phase and two-phase cold plates?** Single-phase plates pass water or water-glycol that warms without boiling; two-phase plates boil a dielectric refrigerant inside the plate. Two-phase plates grow from 3.5% of 2025 spend to 10.0% in 2035, 30.34% a year. **How do cold plates fit with CDUs and manifolds in a liquid loop?** The cold plate takes heat from the chip; in-rack manifolds and quick disconnects carry coolant to it, and the coolant distribution unit (CDU) passes the heat to facility water. In 2025 cold plates were USD 1.16 billion against USD 1.58 billion for CDUs in the liquid cooling model. **How much cold plate content goes into each kW of IT capacity?** About USD 261 per kW of new liquid-cooled IT capacity in 2025, down from about USD 323 in 2020, settling near USD 252 by 2035 as two-phase, jet impingement and memory plates add value (DC Market Insights estimates). **Which chips use the most cold plate value?** GPU and accelerator plates, with USD 791.89 million or 68.0% of 2025 spend. Memory plates grow fastest at 27.27% a year as fully liquid-cooled trays put plates on every hot part. **Which region leads the data center cold plate market?** North America, with USD 521.72 million or 44.8% of 2025 spend. Middle East and Africa grows fastest at 20.37% a year, and India is the fastest large country at 23.36% a year. **Who are the leading data center cold plate makers?** AVC, Auras, Cooler Master, Boyd Thermal (Eaton) and CoolIT Systems (Ecolab) hold about 45% of 2025 value (DC Market Insights estimate). Eaton paid USD 9.55 billion for Boyd Thermal and Ecolab USD 4.75 billion for CoolIT in 2026. **Why do data center cold plate market estimates differ?** USD 1.78 billion in 2026 is the DC Market Insights value of the plate alone. Counting the in-rack hardware around it gives USD 2.01 billion for 2025, and the whole direct-to-chip loop with manifolds, hoses and CDUs is about 3.08 times the plate value. ## Dataset | Series | Value | Unit | | --- | --- | --- | | Market size 2025 | 1,160 | USD million | | Revenue CAGR | 17.35 | % | | Market size 2035 | 5,770 | USD million | ## Frequently asked questions ### What is the size of the Data Center Cold Plate Market in 2026? USD 1.78 billion in 2026, up 53.12% from USD 1.16 billion in 2025, according to DC Market Insights estimates. The market is projected to reach USD 5.77 billion by 2035, a CAGR of 17.35% from 2025. ### What will the data center cold plate market be worth in 2030? USD 4.12 billion in 2030 in the base case, 3.54 times the 2025 value, after 28.76% a year from 2025. Growth then slows to 6.95% a year to 2035 as new liquid-cooled capacity levels off. ### How is the cold plate market structured in 2030? In 2030 single-phase plates hold 93.5% of value, microchannel and skived fin designs 72.0%, copper 84.0%, GPU and accelerator plates 66.0% and hyperscale data centers 52.0% (DC Market Insights estimates). ### What is the difference between single-phase and two-phase cold plates? Single-phase plates pass water or water-glycol that warms without boiling; two-phase plates boil a dielectric refrigerant inside the plate. Two-phase plates grow from 3.5% of 2025 spend to 10.0% in 2035, 30.34% a year. ### How do cold plates fit with CDUs and manifolds in a liquid loop? The cold plate takes heat from the chip; in-rack manifolds and quick disconnects carry coolant to it, and the coolant distribution unit (CDU) passes the heat to facility water. In 2025 cold plates were USD 1.16 billion against USD 1.58 billion for CDUs in the liquid cooling model. ### How much cold plate content goes into each kW of IT capacity? About USD 261 per kW of new liquid-cooled IT capacity in 2025, down from about USD 323 in 2020, settling near USD 252 by 2035 as two-phase, jet impingement and memory plates add value (DC Market Insights estimates). ### Which chips use the most cold plate value? GPU and accelerator plates, with USD 791.89 million or 68.0% of 2025 spend. Memory plates grow fastest at 27.27% a year as fully liquid-cooled trays put plates on every hot part. ### Which region leads the data center cold plate market? North America, with USD 521.72 million or 44.8% of 2025 spend. Middle East and Africa grows fastest at 20.37% a year, and India is the fastest large country at 23.36% a year. ### Who are the leading data center cold plate makers? AVC, Auras, Cooler Master, Boyd Thermal (Eaton) and CoolIT Systems (Ecolab) hold about 45% of 2025 value (DC Market Insights estimate). Eaton paid USD 9.55 billion for Boyd Thermal and Ecolab USD 4.75 billion for CoolIT in 2026. ### Why do data center cold plate market estimates differ? USD 1.78 billion in 2026 is the DC Market Insights value of the plate alone. Counting the in-rack hardware around it gives USD 2.01 billion for 2025, and the whole direct-to-chip loop with manifolds, hoses and CDUs is about 3.08 times the plate value. ## How to cite Data Center Market Research & Consulting | DC Market Insights, "Data Center Cold Plate Market", updated 2026-10-29, https://www.dcmarketinsights.com/report/data-center-cold-plate-market