Immersion Cooling Market by Cooling Fluid (Fluorocarbon-Based Inert Fluids, Mineral Oil, Synthetic Oil), Type (Single-Phase Immersion Cooling, Two-Phase Immersion Cooling), Application - Global Forecast 2023-2030
The Immersion Cooling Market size was estimated at USD 403.81 million in 2022 and expected to reach USD 492.92 million in 2023, at a CAGR 22.19% to reach USD 2,007.43 million by 2030.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Immersion Cooling Market.
- Based on Cooling Fluid, market is studied across Fluorocarbon-Based Inert Fluids, Mineral Oil, and Synthetic Oil. The Synthetic Oil commanded largest market share of 59.95% in 2022, followed by Mineral Oil.
- Based on Type, market is studied across Single-Phase Immersion Cooling and Two-Phase Immersion Cooling. The Single-Phase Immersion Cooling commanded largest market share of 79.11% in 2022, followed by Two-Phase Immersion Cooling.
- Based on Application, market is studied across Artificial Intelligence, Cryptocurrency Mining, Edge Computing, and High-Performance Computing. The High-Performance Computing commanded largest market share of 51.97% in 2022, followed by Artificial Intelligence.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 36.55% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Immersion Cooling Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Immersion Cooling Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Immersion Cooling Market, highlighting leading vendors and their innovative profiles. These include 3M Company, AMAX Engineering Corporation, ASA Computers, Inc., Asperitas, Bitfury Group Limited, Boston Limited, Boyd Corporation, DCX INC., DUG Technology, E3 NV, LLC, Engineered Fluids, Exxon Mobil Corporation, FUCHS LUBRICANTS CO., Fujitsu Limited, GIGA-BYTE Technology Co., Ltd., Green Revolution Cooling Inc., Iceotope Technologies Limited, JULABO GmbH, Kaori Heat Treatment Co., Ltd., LiquidCool Solutions, Inc., LiquidStack Holding B.V., Lubrizol Corporation, MIDAS Immersion Cooling System, Royal Dutch Shell PLC, SixtyOneC, Submer Technologies, Teimmers, The Dow Chemical Company, and Wiwynn Corporation.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Immersion Cooling Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Immersion Cooling Market?
- What is the competitive strategic window for identifying opportunities in the Immersion Cooling Market?
- What are the latest technology trends and regulatory frameworks in the Immersion Cooling Market?
- What is the market share of the leading vendors in the Immersion Cooling Market?
- Which modes and strategic moves are suitable for entering the Immersion Cooling Market?
Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Immersion Cooling Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Increasing IP Traffic and the Demand for Supercomputers and Hyperscale Data Centers
- 5.1.1.2. Growing Data Centre Infrastructure Investments, and Rising Power Consumption
- 5.1.1.3. Triggering Demand for Immersion Cooling as the Next Technology for Data Cooling
- 5.1.2. Restraints
- 5.1.2.1. High Cost of Implementation
- 5.1.3. Opportunities
- 5.1.3.1. Rising Need for Efficient Utilization of Space and Power
- 5.1.3.2. Implementation of Compute-Intensive Applications such as AI, Machine Learning, and IoT
- 5.1.4. Challenges
- 5.1.4.1. Additional Modifications Required for Adoption and Issues Related to Coolant Disposal
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Immersion Cooling Market, by Cooling Fluid
- 6.1. Introduction
- 6.2. Fluorocarbon-Based Inert Fluids
- 6.3. Mineral Oil
- 6.4. Synthetic Oil
- 7. Immersion Cooling Market, by Type
- 7.1. Introduction
- 7.2. Single-Phase Immersion Cooling
- 7.3. Two-Phase Immersion Cooling
- 8. Immersion Cooling Market, by Application
- 8.1. Introduction
- 8.2. Artificial Intelligence
- 8.3. Cryptocurrency Mining
- 8.4. Edge Computing
- 8.5. High-Performance Computing
- 9. Americas Immersion Cooling Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Immersion Cooling Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Immersion Cooling Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Agreement, Collaboration, & Partnership
- 12.3.1.1. Lubrizol and iXora Partner to Provide State-of-the-art Immersion Cooling Systems in Data Centers
- 12.3.2. New Product Launch & Enhancement
- 12.3.2.1. Minerbase Launches Intelligent Crypto Immersion Cooling Data Center, D Series, Setting New Industry Standards
- 12.3.2.2. Dow Launches New DOWSIL Immersion Cooling Technology to Improve Sustainability and Efficiency of Data Centers
- 12.3.3. Investment & Funding
- 12.3.3.1. Precision Immersion Cooling Specialist, Iceotope Technologies, Secures Euro 30 million Funding from Global Syndicate Led by Impact Investor ABC Impact
- 12.3.3.2. Intel Invests USD 700 Million in Immersion Liquid Cooling Solutions
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. 3M Company
- 13.1.2. AMAX Engineering Corporation
- 13.1.3. ASA Computers, Inc.
- 13.1.4. Asperitas
- 13.1.5. Bitfury Group Limited
- 13.1.6. Boston Limited
- 13.1.7. Boyd Corporation
- 13.1.8. DCX INC.
- 13.1.9. DUG Technology
- 13.1.10. E3 NV, LLC
- 13.1.11. Engineered Fluids
- 13.1.12. Exxon Mobil Corporation
- 13.1.13. FUCHS LUBRICANTS CO.
- 13.1.14. Fujitsu Limited
- 13.1.15. GIGA-BYTE Technology Co., Ltd.
- 13.1.16. Green Revolution Cooling Inc.
- 13.1.17. Iceotope Technologies Limited
- 13.1.18. JULABO GmbH
- 13.1.19. Kaori Heat Treatment Co., Ltd.
- 13.1.20. LiquidCool Solutions, Inc.
- 13.1.21. LiquidStack Holding B.V.
- 13.1.22. Lubrizol Corporation
- 13.1.23. MIDAS Immersion Cooling System
- 13.1.24. Royal Dutch Shell PLC
- 13.1.25. SixtyOneC
- 13.1.26. Submer Technologies
- 13.1.27. Teimmers
- 13.1.28. The Dow Chemical Company
- 13.1.29. Wiwynn Corporation
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook