Immersion Cooling Market Share, Size, Demand, Growth Analysis & Key Players by Forecast

 The report "Immersion Cooling Market by Type (Single-Phase, Two-Phase), Application (High Performance Computing, Edge Computing, Cryptocurrency Mining), Cooling Fluid (Synthetic Oil, Mineral Oil), Component (Solutions, Services), and Region - Global Forecast to 2031", is projected to grow from USD 0.4 billion in 2023 to USD 2.1 billion by 2031, at a CAGR of 24.1% from 2023 to 2031. The market is witnessing robust growth worldwide due to growing application of immersion cooling technologies for high performance computing and cryptocurrency mining.

Browse in-depth TOC on "Immersion Cooling Market"
179 – Tables
50 – Figures
247 – Pages

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Key Players

LiquidStack (Netherlands), Green Revolution Cooling Inc (US), Submer (Spain), Iceotope Technologies Ltd (US), DCX - The Liquid Cooling Company (Poland), Engineered Fluids (US) and TIEMMERS (Netherlands), TMGcore, Inc. (US), GIGA-BYTE Technology Co., Ltd. (Taiwan), Wiwynn (Taiwan), Hypertec (Canada), TAS (US), and Delta Power Solutions (Taiwan) are the key players in immersion cooling market.

Submer is a company that provides immersion cooling solutions for data centers and other IT infrastructure and related hardware. The company is based in Spain and is known for developing innovative products designed to be effective and easy-to-operate liquid immersion cooling solutions. Summer uses inorganic and organic growth strategies to cater to more prominent end-users and gain more market share in the immersion cooling market. In June 2021, Submer announced its partnership with ASA Computers, a leading IT solution provider that delivers innovative systems-to-rack solutions.

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Asperitas is a high-tech company based in the Netherlands specializing in global immersion cooling solutions for sustainable and high-density data centers. The company is known for its AIC24 solution, a self-contained unit designed for high-density CPU and GPU immersion cooling. Asperitas’ immersion cooling technology, called Immersed Computing, utilizes natural convection for high-density data centers, enabling sustainability and high performance.

LiquidStack is one of the leaders in liquid immersion cooling for data centers, telecommunications, and blockchain systems. The company provides innovative and sustainable liquid cooling solutions with high performance, compactness, and energy efficiency. The company’s immersion cooling technology is designed to overcome the cooling crisis through unmatched heat rejection and efficiency. In September 2023, LiquidStack announced the launch of its new prefabricated modular solutions, MicroModular and MegaModular, which are compact, high-density, and designed for the most rugged environments.

By type, single phase immersion cooling is estimated to hold the most significant share of the global immersion cooling market.

By type, single phase immersion cooling is estimated to dominate the immersion cooling market globally. Scalability is one of the key factors influencing the adoption of single-phase immersion cooling. The modular nature of these systems allows for flexible and scalable deployment, making them suitable for both large-scale data centers and smaller edge computing environments. This adaptability is particularly crucial as organizations seek solutions that can efficiently cool diverse hardware configurations while accommodating future expansion and changes in computing infrastructure.

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High Performance Computing is estimated to hold the most significant share of the global immersion cooling market by application.

By application, the high-performance computing segment is projected to dominate the global immersion cooling market during the forecast period. The increasing density of computing hardware, with the rise of more powerful processors and accelerators, poses a challenge for conventional cooling solutions. Immersion cooling addresses this challenge by providing a uniform and effective cooling solution across densely packed hardware configurations. This factor is to surge the demand for immersion cooling technology in high performance computing.

North America regional segment accounted for the largest share of the Immersion Cooling market.

The geographical and climatic diversity across North America has also influenced the adoption of immersion cooling. In regions with higher ambient temperatures, traditional air-based cooling methods can be less effective and more energy-intensive. Immersion cooling, with its ability to provide uniform and efficient cooling regardless of external temperatures, presents itself as a viable solution for data centers operating in various climates, contributing to its widespread acceptance.

The report provides insights on the following pointers: 

  • Market Penetration:Comprehensive information on the product portfolios of the top players in the Immersion Cooling market. 
  • Product Development/Innovation:Detailed insights on the upcoming technologies, R&D activities, and product launches in the market. 
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market. 
  • Market Development:Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies. 
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Immersion Cooling market.

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Table of Contents:

  • Executive Summary
  • Scope/opportunities of the Immersion Cooling Market Report
  • Research Methodology
  • Immersion Cooling Market Landscape
  • SWOT Analysis
  • Market Sizing
  • Immersion Cooling Market Segmentation
  • Customer Landscape
  • Regional Landscape
  • Business Decision Framework
  • Drivers And Challenges
  • Immersion Cooling Market Key Trends
  • Players Landscape
  • Players Analysis

Why Choose MNM?

  • Authentic Method: To ensure high-level data integrity, accurate analysis, and impeccable forecasts
  • Agile Approach: A faster and efficient way to cater to the needs with continuous iteration
  • Targeted Market View: Targeted market view to provide pertinent information and save time of readers
  • Analyst Support: For complete satisfaction of our customers
  • Customization: Customization of the report’s scope as needed to meet your requirements in full

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