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  • Immersion Cooling Market Analysis | 2022-2028

    Immersion Cooling Market Analysis | 2022-2028

    Immersion Cooling Market Analysis | 2022-2028
    Report code - SRCE195 Delivery - 2 Weeks
    Immersion Cooling Market Growth, Size, Share, Trend, Forecast, & Industry Analysis: 20 See more...

    Market Insights

    "The global immersion cooling market is likely to grow from USD 317.1 million in 2022 to USD 1173.75 million by 2028 at an impressive CAGR of 24.37% during the forecast period of 2022-2028."

    Immersion cooling is a cooling practice in which IT components and other electronics are submerged in a coolant which is a thermally conductive dielectric liquid.

    High-density power consumption, an increasing number of hyper-scale data centers, and the need for an effective and energy-efficient immersion cooling solution are likely to drive the growth of the immersion cooling market during the forecast period.

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    Segment Analysis

    Cooling System Trends

    "The single-phase immersion cooling system segment accounted for the largest market share."

    Based on the cooling system type, the market is segmented as single–phase immersion cooling system and two-phase immersion cooling system. Single–phase immersion cooling system held the larger share of more than 70% of the market in 2021 and are expected to grow at a higher CAGR during the forecast period. Coolant in this type of immersion cooling system remains always in liquid form as it never boils or freezes.

    Application Trends

    "The high-performance computing segment accounted for the largest market share."

    Based on the application type, the immersion cooling market is segmented as high-performance computing, edge computing, cryptocurrency mining, and others. The high-performance computing segment governed the market accounting more than 30% market share in 2021, whereas cryptocurrency mining is estimated to be the fastest-growing segment during the forecast period.

    Cooling Fluid Trends

    "The mineral oil segment accounted for the largest market share."

    Based on the cooling fluid type, the market is segmented as mineral oil, synthetic oil, and fluorocarbon-based, and others. Mineral oil held the largest share of more than 40% of the market in 2021, as it is less costly and is an energy-efficient cooling solution.

    Regional Insights

    "North America accounted for the largest market share."

    In terms of regions, North America is the largest market, whereas Asia-Pacific is the fastest-growing market for immersion cooling systems. North America accounted for more than 35% market share in 2021. The high demand is because of its increasing use in high-performance computing, cryptocurrency mining, edge computing, artificial intelligence, and cloud computing.


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    Key Players

    Some of the major players in the immersion cooling market are:

    • Allied Control Ltd
    • Asperitas
    • DCX The Liquid Cooling Company
    • DownUnder GeoSolutions Pty Ltd
    • Fujitsu Limited
    • Green Revolution Cooling Inc
    • Iceotope Technologies Limited
    • LiquidCool Solutions
    • Midas Green Technologies
    • Submer Technologies.

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

    What deliverables will you get in this report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth analysis of the Immersion Cooling Market

    How lucrative is the future?

    Market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional and country level historical data and forecasts

    Which are the most attractive market segments?

    Market segment analysis and forecast

    Which are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirement?

    10% free customization

     

    The immersion cooling market is segmented into the following categories:

    By Cooling System Type:

    • Single-Phase
    • Two-Phase

    By Application Type:

    • High-Performance Computing
    • Edge Computing
    • Cryptocurrency Mining
    • Others
      • (By Application Type: Cloud Computing and Enterprise Computing)

    By Cooling Fluid Type:

    • Mineral Oils
    • Synthetic Oils
    • Fluorocarbon-based Fluids
    • Others 
      • (Cooling Fluid Type: Vegetable Oil, Bio-oils, and Deionized Water)

    By Region:

    • North America (Country Analysis: the USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Immersion Cooling Market Report Overview

    Market Size in 2028

    USD 1173.75 million

    Market Size in 2022

    USD 317.1 million

    CAGR (2021-2026)

    24.37%

    Base Year of Study

    2021

    Trend Period

    2016-2020

    Forecast Period

    2022-2028

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    Immersion Cooling is a cooling practice in which IT components and other electronics are submerged in a coolant which is a thermally conductive dielectric liquid.

    Allied Control Ltd, Asperitas, DCX The Liquid Cooling Company, DownUnder GeoSolutions Pty Ltd, Fujitsu Limited, Green Revolution Cooling Inc, Iceotope Technologies Limited, LiquidCool Solutions, Midas Green Technologies, and Submer Technologies are among the key players in the Immersion Cooling Market.

    North America is expected to be the largest immersion cooling market during the next five years.

    Cryptocurrency mining is estimated to be the fastest-growing application segment in the coming years.

    High-density power consumption, increasing number of hyper-scale data centers, and the need for an effective and energy-efficient immersion cooling solution are among the factors driving the growth of immersion cooling market.

    Singlephase immersion cooling system is expected to grow at a higher CAGR in the immersion cooling market over the next five years.

    The immersion cooling market is expected to witness an impressive growth of 24.37% CAGR in the foreseeable future.

    Distributors, suppliers, manufacturers, logistics organizations, and government bodies.