Home Press Releases Immersion Cooling Market Size Worth $990.6 Million by 2030 | CAGR: 22.0%

Immersion Cooling Market Size Worth $990.6 Million by 2030 | CAGR: 22.0%

The global immersion cooling market size is expected to reach USD 990.6 million by 2030, according to a new study by Polaris Market Research. The report “Immersion Cooling Market Share, Size, Trends, Industry Analysis Report, By Application; By Type (Single-Phase, Two-Phase), By Cooling Fluid (Mineral Oil, Synthetic Fluids, Fluorocarbon-based Fluids, Others); By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The inclination toward the digital economy, coupled with the growing need for cost- and energy-efficient chilling solutions from data centers, are the chief driving factors for the market growth worldwide. In addition, the emergence of Artificial Intelligence (AI) and the Internet of Things (IoT) in the IT sector and rising pressure to decrease energy consumption during data center chilling are further offering various growth prospects to the industry development.

 

Furthermore, increasing inclination towards the shifting focus to the public and private cloud by multiple data centers, growing investments in the R&D activities, and continuous technological developments are further surging the industry demand in the coming years.

 

The mineral oil segment is dominating the global industry based on the chilling fluid. The mineral oil is clear and, has a high boiling point, and also offers better efficiency cost-effectiveness compared to the traditional air-conditioning systems. In comparison, the fluorocarbon-based fluids segment shows the highest growth rate in the global market over the projected period.

 

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The fluorocarbon-based fluids offer vapor pressure and high chemical & thermal stability. They are highly used for chilling liquids to maintain the temperatures of the IT equipment. Thereby, these factors are fuelling the segment growth over the forecast period.

 

The emergence of the blockchain, AI, telecom, high-performance electronics, and various other technologies is the chief driving factor for market growth. Accordingly, immersion chilling is gaining massive popularity among these technologies involving higher power processing units like Tensor Processing Unit (TPU) and graphics processing units (GPU). The immersion chilling technology is suitable for such power processing units that do not affect the environment.

 

Moreover, blockchain-based applications and high-frequency trading systems generate computationally intensive loads, which fuels the higher penetration of CPUs and GPUs. Thereby, these factors are spurring the demand for immersion chilling to reduce data center power consumption and PUE.

 

Market participants such as DCX – The Liquid Cooling Company, Dug Technology, Asperitas, Engineered Fluids, ExaScaler Inc., Fujitsu Ltd., Iceotope Technologies Ltd, Green Revolution Cooling Inc., Liquid Stack, Midas Green Technologies, LiquidCool Solutions, SixtyOneC Technology Corporation, TIEMMERS, Submer, and TK-SVYAZ are some of the key players operating in the global market. For instance, in June 2021, Schneider Electric introduced the liquid-cooled “EcoStruxure Modular Data Center.”

 

Polaris market research has segmented the immersion cooling market report on the basis of application, type, cooling fluid, and region:

 

Immersion Cooling, Application Outlook (Revenue – USD Million, 2018 – 2030)

  • High-performance Computing
  • Artificial Intelligence
  • Edge Computing
  • Cryptocurrency Mining
  • Others

Immersion Cooling, Type Outlook (Revenue – USD Million, 2018 – 2030)

  • Single-Phase Immersion
  • Two-Phase Immersion

Immersion Cooling, Cooling fluid Outlook (Revenue – USD Million, 2018 – 2030)

  • Mineral Oil
  • Synthetic Fluids
  • Fluorocarbon-based Fluids
  • Other

Immersion Cooling, Regional Outlook (Revenue – USD Million, 2018 – 2030)

  • North America
    • U.S.
    • Canada
  • Europe
    • France
    • Germany
    • UK
    • Italy
    • Netherlands
    • Russia
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Malaysia
    • South Korea
    • Indonesia
  • Latin America
    • Mexico
    • Brazil
    • Argentina
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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