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- Factors like shift towards more energy-efficient and sustainable cooling solutions, increasing adoption in high-density data centers, advancements in cooling technology, & growing interest from industries utilizing high-performance computing such as AI, blockchain, and big data analytics are the key trends driving the immersion cooling market.
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The global immersion cooling market size was estimated at USD 197.0 million in 2022 and is anticipated to grow at a compounded annual growth rate (CAGR) of 22.6% from 2023 to 2030. The increasing demand for cost-efficient and energy-efficient cooling solutions from data centers is expected to drive growth
- The global immersion cooling market, in terms of revenue, is expected to grow at a compound annual growth rate of 22.6% from 2023 to 2030 to reach...
- North America dominated the immersion cooling market with a revenue share of 35.8% in 2022 owing to the presence of the intelligent building, growi...
- Some of the key players operating in the immersion cooling market include Green Revolution Cooling Inc., Submer, Fujitsu Limited, Midas Green Techn...
- The key factors that are driving the immersion cooling market include an increase in global IP traffic and the demand for supercomputers and hyper-...
- Immersion Cooling Market Dynamics
- Immersion Cooling: Ecosystem
- Key Market Players
Driver: Adoption of cryptocurrency mining & blockchain
The adoption of cryptocurrency mining and blockchain technologies is expected to drive the immersion cooling market's growth. Cryptocurrency mining, which involves solving complex algorithms and generating significant heat, can benefit from immersion cooling's ability to maintain optimal temperatures and reduce energy costs.. This has led to a renewed interest and investments in crypto mining, with immersion cooling offering advantages such as increased efficiency, hardware longevity, and imp...
Restraint: Susceptible to leakage
Susceptibility to leakage is indeed a restraint of the immersion cooling market. While immersion cooling systems offer advantages such as reduced water usage and improved heat dissipation, they are not immune to leakage issues, which can affect their performance and reliability. This challenge is particularly notable in the case of fluorocarbon immersion coolants, which, despite being nonflammable and thermally stable, are still susceptible to leakage. The lack of knowledge on immersion cooli...
Opportunity: Adoption of low-density data servers
The adoption of low-density data servers presents an opportunity for the immersion cooling market. As data center operators seek more compact and efficient cooling solutions, the use of low-density servers can complement the benefits of immersion cooling. By allowing for higher hardware density and reduced physical footprint in data centers, low-density servers align with the scalability and space-saving advantages offered by immersion cooling. This combination can lead to significant energy...
Based on the type, the Single phase is projected to grow at the highest CAGR during the forecast period.
Single-phase is anticipated to grow at the highest CAGR based on the type. The growth of the single-phase immersion cooling market can be attributed to its simplicity, efficiency in heat dissipation, energy-saving capabilities, and scalability. As the demand for high-performance computing continues to rise across various sectors, the advantages of single-phase immersion cooling make it a compelling choice for organizations seeking effective and sustainable cooling solutions for their increasi...
Based on Application, the Artificial Intelligence segment is projected to grow at the highest CAGR during the forecast period.
The increasing demand for high-performance computing (HPC) in AI applications is a key driver. AI models, such as intense learning models, are becoming more complex and computationally intensive, leading to higher power densities and increased heat generation. Immersion cooling provides an efficient solution for managing the heat produced by powerful GPUs and TPUs used in AI model training, allowing optimal performance without the risk of thermal throttling.
Based on cooling fluids, the synthetic fuels segment is projected to grow at the highest CAGR during the forecast period.
The versatility of synthetic fluids in immersion cooling systems is another factor fueling market expansion. These fluids can be customized to suit different cooling requirements and hardware configurations, providing a flexible and adaptable solution for various industries. As technology advances, developing synthetic fluids with improved properties, such as higher thermal conductivity and excellent stability, further enhances their applicability in diverse immersion cooling settings.
Some of the key players in the market include LiquidStack (Netherlands), Fujitsu (Japan), Green Revolution Cooling Inc (US), Submer (Spain), Asperitas (Netherlands), Midas Green Technologies (US), Iceotope Technologies Ltd (US), LiquidCool Solutions (US), and DUG Technology (Australia). Read More: Immersion Cooling Companies
Data Center Immersion Cooling market was valued at USD 1.1 billion in 2023 and is estimated to register a CAGR of over 17% between 2024 & 2032. The market growth is driven by the technological advancements and a growing emphasis on energy efficiency. To get key market trends.
- USD 4.8 Billion
- 2024 to 2032
- 2023
- 2021-2023
The market for immersion cooling is anticipated to be driven by rising server rack density and chip density, new use cases such as challenging edge computing conditions, and demand to cut energy consumption during data center cooling.
- 2022 to 2032
- USD million for Value, Tons for Volume
- 2017 to 2021
The immersion cooling market size in 2023 was worth USD 0.83 billion and will be worth USD 4.48 billion by 2030, growing at a CAGR of 27.3%, during the forecast period of 2023-24. The burgeoning demand for high-performance computing, driven by data-intensive applications, is fueling the rapid growth of the immersion cooling market.
Dec 13, 2023 · The Immersion Cooling Market is witnessing a surge in product innovations and advancements, driven by a mix of global and regional players. Various proprietary immersion cooling solutions are...
Global Immersion Cooling Market Size, Share, Trends, Report: By Service: Design and Consulting, Installation and Deployment, Support and Maintenance; By Product Type: Single-Phase Immersion Cooling System, Two-Phase Immersion Cooling System; By Cooling Fluid; By Application; Regional Analysis; Competitive Landscape; 2024-2032. Home.
