The global Liquid-cooled Charging Cable Market size was valued at US$ 567.80 million in 2024 and is projected to reach US$ 1.89 billion by 2032, at a CAGR of 16.33% during the forecast period 2025–2032.
https://semiconductorinsight.com/download-sample-report/?product_id=103205
Liquid-cooled charging cables are advanced EV charging solutions that use circulating coolant to dissipate heat generated during high-power charging sessions. These specialized cables enable faster charging rates while maintaining optimal temperatures, preventing overheating and improving safety. The technology primarily supports DC fast charging stations (350kW+) and ultra-fast charging infrastructure above 500kW capacity. The market growth is driven by accelerating EV adoption globally and increasing demand for reduced charging times. While North America currently leads in deployment with 38% market share, AsiaPacific is witnessing the fastest growth due to China’s aggressive EV infrastructure expansion. Key industry players like Phoenix Contact and Tesla are investing heavily in liquid-cooled cable R&D to support next-generation charging networks.
Rapid Expansion of EV Infrastructure to Accelerate Liquid-cooled Charging Cable Adoption
Technological Advancements in EV Batteries Driving Higher Power Requirements
➤ The Combined Charging System (CCS) standard now supports up to 500 kW charging power, with specifications specifically accommodating liquid-cooled cable implementations.
The North American market for liquid-cooled charging cables is witnessing rapid growth, primarily driven by government-backed EV infrastructure projects and stringent efficiency standards. With the U.S. Inflation Reduction Act allocating $7.5 billion for EV charging networks and OEMs like Tesla expanding their Supercharger networks, demand for high-power liquid-cooled solutions is surging. The region shows particular preference for above 500KW cables due to compatibility with ultra-fast charging stations. However, complex certification processes from organizations like UL and SAE slightly slow adoption rates compared to other regions.
Europe represents the most technologically advanced market for liquid-cooled charging cables, with Germany and Nordic countries leading adoption. The EU’s Alternative Fuels Infrastructure Regulation (AFIR) mandates ultra-fast chargers every 60 km along major highways by 2025, creating massive demand. European manufacturers like Phoenix Contact and LEONI dominate the DC charger cable segment, particularly for the 350-450KW charging systems being rolled out across motorway networks. Strict IEC and EN certification requirements ensure high product standards but increase time-to-market.
As the largest and fastest-growing market, Asia-Pacific accounts for over 50% of global liquid-cooled cable demand. China’s aggressive EV adoption targets and extensive charging network deployment (with over 1.7 million public chargers installed as of 2023) drive unprecedented demand. Local players like LS Cable and Sumitomo benefit from government subsidies favoring domestic suppliers. While Japan and South Korea focus on premium solutions, Southeast Asian markets show preference for cost-effective 200-350KW systems. The region also leads in developing next-generation liquid cooling technologies to reduce cable diameter and weight.
The South American market remains in early development phase, though Brazil and Chile are emerging as regional hotspots. While EV adoption grows steadily (projected 30% CAGR through 2030), infrastructure development lacks coordination. Most installed chargers utilize air-cooled cables, with liquid-cooled models reserved for premium commercial fleets and mining applications. Import dependency on North American and European cable suppliers creates pricing challenges, though local joint ventures are beginning to establish manufacturing capabilities in Brazil’s growing automotive sector.
This region presents a high-potential but uneven landscape for liquid-cooled charging cables. The UAE and Saudi Arabia lead adoption through ambitious smart city projects and oil-to-electric mobility transitions, with Dubai targeting 30% municipal EV fleet by 2030. However, lack of standardized regulations and extreme climate conditions pose unique technical challenges. Most installations currently utilize mid-range 150-250KW liquid-cooled systems, though projects like Saudi’s NEOM city are specifying cutting-edge 500KW+ solutions. African markets show promise in South Africa and Morocco but face financing hurdles for high-end charging infrastructure.
•Below 500KW
•Subtypes: 50-200KW, 200-350KW, 350-500KW
•Above 500KW
•AC Charger
•DC Charger
•Subtypes: CCS, CHAdeMO, Tesla Supercharger
•Phoenix Contact (Germany)
•OMG EV Cable (U.K.)
•BRUGG eConnect (Switzerland)
•LEONI AG (Germany)
•ITT Cannon (U.S.)
•Huber+Suhner (Switzerland)
•LS Cable & System (South Korea)
•Kempower (Finland)
•Aein-cable (Germany)
•Southwire (U.S.)
•Tesla (U.S.)
•Aptiv (Ireland)
