Immersion Cooling Market by Cooling Fluid (Fluorocarbon-Based Inert Fluids, Mineral Oil, Synthetic Oil), Type (Single-Phase Immersion Cooling, Two-Phase Immersion Cooling), System, Application - Global Forecast 2024-2030

Immersion Cooling Market by Cooling Fluid (Fluorocarbon-Based Inert Fluids, Mineral Oil, Synthetic Oil), Type (Single-Phase Immersion Cooling, Two-Phase Immersion Cooling), System, Application - Global Forecast 2024-2030


The Immersion Cooling Market size was estimated at USD 3.87 billion in 2023 and expected to reach USD 4.68 billion in 2024, at a CAGR 21.84% to reach USD 15.43 billion by 2030.

Global Immersion Cooling Market Immersion cooling is a cost-effective and energy-efficient cooling solution for data centers. It immerses computer components in a dielectric fluid, which acts as an efficient thermal conductor and effectively removes heat from the components. This cooling method can reduce operational costs significantly, eliminating the need for air conditioning systems or expensive chilled water solutions. Additionally, immersion cooling can potentially increase system availability by reducing the risk of system failure due to overheating. Eventually, this approach to cooling helps improve overall system performance and reliability by providing more consistent temperatures across all components. Increasing data center demand due to the rise of cloud computing and big data analytics, focus on reducing energy costs, rising adoption of modular data centers, and growing environmental concerns are major factors driving the market growth. In addition, technological advancements such as improved thermal performance and developments in non-conductive fluids are expected to further drive the market’s growth over the forecast period.Regional InsightsThe geographical scenario of the immersion cooling market is globally diverse, with many global countries having a presence in the industry. While the American market is currently the significant market owing to an early adoption of newer technologies across the North American countries including U.S., Canada. Data center investors across the region are increasingly investing in liquid immersion and direct-to-chip cooling solutions and the importance of edge data centers has been aided by the emergence of 5G networks worldwide, and the United States is among the earliest adopters of the technology. Many operators in the United States, such as EdgePresence, EdgeMicro, and American Towers, started investing in these centers, offering a drive to the Market growth. Asia Pacific is expected to become the fastest growing region over the next few years. This growth can be attributed to increasing investments in data centers and technological advancements in this region. Additionally, Europe also has a significant role in the global market, with major players such as IBM, Dell, HP and others offering their services in this region. Furthermore, Japan and India are increasingly adopting immersion cooling technology due to its advantages over traditional cooling methods. As such, companies operating within these countries have great potential for growth in the near future.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Immersion Cooling Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Immersion Cooling Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

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.

Market Segmentation & Coverage

This research report categorizes the Immersion Cooling Market to forecast the revenues and analyze trends in each of the following sub-markets:

Cooling Fluid
Fluorocarbon-Based Inert Fluids

Mineral Oil

Synthetic Oil

Type
Single-Phase Immersion Cooling

Two-Phase Immersion Cooling

System
Hardware
Coolant Distribution Units

Dielectric Coolants

Heat Exchangers

Immersion Tanks

Pumps

Server Racks & Enclosures

Software
Computational Fluid Dynamics Software

Control Systems Software

Data Center Infrastructure Management

Monitoring and Alerting Software

Thermal Management Software

Application
Artificial Intelligence

Cryptocurrency Mining

Edge Computing

High-Performance Computing

Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Immersion Cooling Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Immersion Cooling Market?
3. What are the technology trends and regulatory frameworks in the Immersion Cooling Market?
4. What is the market share of the leading vendors in the Immersion Cooling Market?
5. 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 High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
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 System
8.1. Introduction
8.2. Hardware
8.3.1. Coolant Distribution Units
8.3.2. Dielectric Coolants
8.3.3. Heat Exchangers
8.3.4. Immersion Tanks
8.3.5. Pumps
8.3.6. Server Racks & Enclosures
8.3. Software
8.4.1. Computational Fluid Dynamics Software
8.4.2. Control Systems Software
8.4.3. Data Center Infrastructure Management
8.4.4. Monitoring and Alerting Software
8.4.5. Thermal Management Software
9. Immersion Cooling Market, by Application
9.1. Introduction
9.2. Artificial Intelligence
9.3. Cryptocurrency Mining
9.4. Edge Computing
9.5. High-Performance Computing
10. Americas Immersion Cooling Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Immersion Cooling Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.
10. South Korea
11.
11. Taiwan
11.
12. Thailand
11.
13. Vietnam
12. Europe, Middle East & Africa Immersion Cooling Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.
10. Nigeria
12.
11. Norway
12.
12. Poland
12.
13. Qatar
12.
14. Russia
12.
15. Saudi Arabia
12.
16. South Africa
12.
17. Spain
12.
18. Sweden
12.
19. Switzerland
12.
20. Turkey
12.
21. United Arab Emirates
12.
22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
13.3.1. Agreement, Collaboration, & Partnership
13.3.1.1. Lubrizol and iXora Partner to Provide State-of-the-art Immersion Cooling Systems in Data Centers
13.3.2. New Product Launch & Enhancement
13.3.2.1. Minerbase Launches Intelligent Crypto Immersion Cooling Data Center, D Series, Setting New Industry Standards
13.3.2.2. Dow Launches New DOWSIL Immersion Cooling Technology to Improve Sustainability and Efficiency of Data Centers
13.3.3. Investment & Funding
13.3.3.1. Precision Immersion Cooling Specialist, Iceotope Technologies, Secures Euro 30 million Funding from Global Syndicate Led by Impact Investor ABC Impact
13.3.3.2. Intel Invests USD
700 Million in Immersion Liquid Cooling Solutions
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. 3M Company
14.1.2. AMAX Engineering Corporation
14.1.3. ASA Computers, Inc.
14.1.4. Asperitas
14.1.5. Bitfury Group Limited
14.1.6. Boston Limited
14.1.7. Boyd Corporation
14.1.8. DCX INC.
14.1.9. DUG Technology
14.1.
10. E3 NV, LLC
14.1.
11. Engineered Fluids
14.1.
12. Exxon Mobil Corporation
14.1.
13. FUCHS LUBRICANTS CO.
14.1.
14. Fujitsu Limited
14.1.
15. GIGA-BYTE Technology Co., Ltd.
14.1.
16. Green Revolution Cooling Inc.
14.1.
17. Iceotope Technologies Limited
14.1.
18. JULABO GmbH
14.1.
19. Kaori Heat Treatment Co., Ltd.
14.1.
20. LiquidCool Solutions, Inc.
14.1.
21. LiquidStack Holding B.V.
14.1.
22. Lubrizol Corporation
14.1.
23. MIDAS Immersion Cooling System
14.1.
24. Royal Dutch Shell PLC
14.1.
25. SixtyOneC
14.1.
26. Submer Technologies
14.1.
27. Teimmers
14.1.
28. The Dow Chemical Company
14.1.
29. Wiwynn Corporation
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. IMMERSION COOLING MARKET RESEARCH PROCESS
FIGURE 2. IMMERSION COOLING MARKET SIZE, 2023 VS 2030
FIGURE 3. IMMERSION COOLING MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. IMMERSION COOLING MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. IMMERSION COOLING MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. IMMERSION COOLING MARKET DYNAMICS
FIGURE 7. IMMERSION COOLING MARKET SIZE, BY COOLING FLUID, 2023 VS 2030 (%)
FIGURE 8. IMMERSION COOLING MARKET SIZE, BY COOLING FLUID, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. IMMERSION COOLING MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 10. IMMERSION COOLING MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. IMMERSION COOLING MARKET SIZE, BY SYSTEM, 2023 VS 2030 (%)
FIGURE 12. IMMERSION COOLING MARKET SIZE, BY SYSTEM, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS IMMERSION COOLING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS IMMERSION COOLING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES IMMERSION COOLING MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES IMMERSION COOLING MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC IMMERSION COOLING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC IMMERSION COOLING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA IMMERSION COOLING MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA IMMERSION COOLING MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. IMMERSION COOLING MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. IMMERSION COOLING MARKET SHARE, BY KEY PLAYER, 2023

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