Immersion Cooling Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos

 

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.

The Immersion Cooling Market is expected to grow at a steady rate of around 22% in the forecasted period. It is mainly owing to 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.

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According to UnivDatos Market Insights (UMI)’ research report “Global Immersion Cooling Market”, the market is expected to witness robust growth during the forecast period (2021-2028).

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 application, the immersion cooling market is segmented into high-performance computing, artificial intelligence, edge computing, cryptocurrency mining, and others. The cryptocurrency mining segment caters considerable share of the market. It is mainly due to the increase in cryptocurrency miners, blockchain technology is expanding more quickly. The energy required for cryptocurrency mining depends on the hardware requirements and network hash rate, which increases the amount of power used by the servers and components that heat the data centers.

North America to witness extensive growth

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, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest 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 many 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.

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According to UnivDatos Market Insights (UMI)’, the key players with a considerable market share in the Immersion Cooling market are 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” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.        

Market Segmentation:

1.      By Type (Single-Phase Immersion Cooling and Two-Phase Immersion Cooling)

2.      By Cooling Fluid (Mineral Oil, Synthetic and Fluorocarbon-Based, and Others)

3.      By Application (High-Performance Computing, Artificial Intelligence, Edge Computing, Cryptocurrency Mining, and Others)

4.      By Region (North America, Europe, Asia-Pacific, Rest of the World)

5.      By Company (Green Revolution Cooling Inc., Submer, Fujitsu Limited, Midas Green Technologies, Dug Technology, Asperitas, TAS, AMAX Engineering Corporation, Liquid Stack, DCX- The Liquid Cooling Company)

Key questions answered in the study:

1.      What are the current and future trends of the global Immersion Cooling industry?

2.      How the industry has been evolving in terms of type, cooling fluid, and application?

3.      How the competition has been shaping across the countries followed by their comparative factorial indexing?

4.      What are the key growth drivers and challenges for the global Immersion Cooling industry?

5.      What is the customer orientation, purchase behavior, and expectations from the global outage management system’ suppliers across various region and countries?