The global Immersion Cooling Market is expected to foresee significant growth. Asia Pacific to lead the growth!
- Vikas Kumar
- November 19, 2022
- ENERGY & POWER, NEWS
- Immersion Cooling Market, Immersion Cooling Market forecast, Immersion Cooling Market Growth, Immersion Cooling Market news, Immersion Cooling Market Share, Immersion Cooling Market Size, Immersion Cooling Market Trend
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The Immersion Cooling Market is expected to grow at a CAGR of around 22% from 2021-2027. The rise of the data economy is fundamentally changing the way life-led and the highly integrated world is pushing businesses to operate at an ever-increasing pace. Also, almost every aspect of human daily lives depends on smart devices, homes, cities, and autonomous vehicles which rely on what is happening inside data centers. However, these centers come at a tremendous cost in energy consumption, water use, footprint, and more. Therefore, this rises the need for faster, smarter, more energy-efficient, and more sustainable data centers. By transitioning data centers from traditional cooling methods to immersion cooling, businesses can better prepare for the unprecedented performance requirements of the future while managing costs and the impact on our natural resources.
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Based on type, the immersion cooling market is classified into single-phase immersion cooling and two-phase immersion cooling. The single-phase immersion cooling segment caters substantial share of the market. As it is an inexpensive, efficient, and simple cooling technique, wherein sub-systems, electrical components, and devices are fully immersed in the single-phase dielectric heat transfer fluid. The single-phase system stays in the liquid state during the entire cooling process.
Based on the cooling fluid, the immersion cooling market is categorized into mineral oil, synthetic and fluorocarbon-based, and others. The mineral oil segment caters to an extensive share of the market and is expected to grow at an influential rate in the forecasted period as well. The ability of mineral oil to be combined from various sources and batches allows for greater flexibility during deployment and operations. Moreover, mineral oil delivers better efficiency, which further simplifies facility design when compared to typical air conditioning systems, resulting in cost savings.
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For a better understanding of the market adoption of the Immersion Cooling industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, and Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), of World. North America is anticipated to grow at a substantial CAGR during the forecast period. This is mainly attributed to the due to the presence of a large number of data centers in the region, along with the rising popularity of such cooling methods for data centers, especially in the United States. Moreover, Companies are rigorously investing in data centers to meet the growing demand from respective operations. For instance, in April 2021, Microsoft announced the installation of a new liquid immersion cooling infrastructure at a data center in Washington, saving water and lowering energy costs.
Some of the major players operating in the market Green Revolution Cooling Inc., Submer, Fujitsu Limited, Midas Green Technologies, Dug Technology, Asperitas, TAS, AMAX Engineering Corporation, Liquid Stack, DCX- The Liquid Cooling Company.
Global Immersion Cooling Market Segmentation
Market Insight, by Type
• Single Phase Immersion Cooling
• Two-Phase Immersion Cooling
Market Insight, by Cooling Fluid
- Mineral Oil
Market Insight, by Application
- High-performance Computing
- Artificial Intelligence
- Edge Computing
- Cryptocurrency Mining
Market Insight, by Region
- North America
- United States
- Rest of North America
- The United Kingdom
- Rest of Europe
- Rest of Asia-Pacific
- Rest of the World
Top Company Profiles
• Green Revolution Cooling Inc.
• Fujitsu Limited
• Midas Green Technologies
• Dug Technology
• AMAX Engineering Corporation
• Liquid Stack
• DCX- The Liquid Cooling Company