Immersion Cooling Market to Gain Huge Growth at 22.6% CAGR During the Forecast Period 2022-2030

Posted on 2023-01-11 by researchinsights in Industrial // 0 Comments

San Francisco, California , USA, Jan 12, 2023 — /EPR Network/ —

Immersion Cooling Industry Overview

The global immersion cooling market size was estimated at USD 165.8 million in 2021 and is expected to expand at a compounded annual growth rate (CAGR) of 22.6% from 2022 to 2030.

The increasing demand for cost-efficient and energy-efficient cooling solutions from data centers is expected to drive growth. Strict lockdowns enforced by global governments in the wake of the COVID-19 pandemic in 2020 hampered industry expansion. The lockdowns also impacted data centers, wherein data center consolidation was put on hold. Moving servers, closing buildings, and constructing a new location were all more difficult in the COVID-19 universe. Data centers showed growth in demand, owing mostly to the global workforce working from home and an increase in e-commerce.

Gather more insights about the market drivers, restrains and growth of the Global Immersion Cooling Market

The immersion cooling market in the U.S. is undergoing a shift owing to the COVID-19 pandemic as players in this space undertook capacity expansion to meet the increasing demand for the product from data centers. The COVID-19 crisis spurred the spread of e-commerce to new enterprises, customers, and product categories. Furthermore, the rising need for IoT capabilities and cloud computing infrastructure in the U.S. is likely to fuel demand for data centers, particularly hyper-scale data centers.

The market exhibits the presence of several global as well as regional players. Several proprietary immersion cooling solutions are available in the industry and various manufacturers retrofit off-the-shelf Information Technology Equipment (ITE) to make it compatible with their technology. In addition, manufacturers offer customized solutions to their clients as per requirements.

The increasing demand for IoT functionality and cloud computing infrastructure is expected to drive the demand for data centers, especially hyper-scale data centers. Hyperscale data centers enable digital platforms to store and transfer data efficiently. As compared to modern data centers, hyper-scale facilities have high-volume traffic as well as the capability to handle heavy computing workloads.

Although systems are very efficient in removing heat from IT equipment, the capital costs associated with additional components and hardware modification are high, which can act as a challenge to the overall industry growth. In addition, servicing of systems is expected to present new challenges for Managed Service Providers (MSPs) and data center service partners.

Browse through Grand View Research’s Advanced Interior Materials Industry Research Reports.

Point Of Use Water Treatment Systems Market – The global point of use water treatment systems market size was valued at USD 11.6 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 19.0% from 2022 to 2030.
Microencapsulation Market – The global microencapsulation market size was valued at USD 10.9 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.3% during the forecast period.

Immersion Cooling Market Segmentation

Grand View Research has segmented the global immersion cooling market based on product, application, cooling liquid, and region:

Immersion Cooling Product Outlook (Revenue, USD Million, 2017 – 2030)
- Single-phase
- Two-phase
Immersion Cooling Application Outlook (Revenue, USD Million, 2017 – 2030)
- High-performance Computing
- Edge Computing
- Cryptocurrency Mining
- Artificial Intelligence
- Others
Immersion Cooling Liquid Outlook (Revenue, USD Million, 2017 – 2030)
- Mineral Oil
- Fluorocarbon-based Fluids
- Deionized Water
- Others
Immersion Cooling Regional Outlook (Revenue, USD Million, 2017 – 2030)
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa (MEA)

Key Companies profiled:

Some prominent players in the global Immersion Cooling market include

Fujitsu Limited
Dug Technology
Green Revolution Cooling Inc.
Submer
Liquid Stack
Midas Green Technologies
Asperitas
DCX- The Liquid Cooling Company
LiquidCool Solutions
ExaScaler Inc.

Order a free sample PDF of the Immersion Cooling Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Matched content

Editor’s pick