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Immersion Cooling Market Overview, Segment Analysis, Growth Drivers and Demand Forecast Report 2022-2030

09-23-2022 08:18 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Immersion Cooling Market Overview, Segment Analysis, Growth

Immersion cooling allows the transfer of heat source from the working fluid. This working fluid is non-conductive in nature and restricted to only four families of fluids. It includes deionized water, fluorocarbon-based fluids, mineral oil, and synthetic fluids.

Immersion cooling can be described as the practice of submerging computer components in a thermally, instead of electrically, conductive liquid. It is a method used regularly for cooling large power distribution components, such as transformers. This method is gaining popularity across the world with innovative data centers.

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The IT servers and hardware cooled by utilizing this method do not need fans and the heat exchange between the cool water circuit and warm coolant is usually caused by the heat exchanger. Several supercomputers with a massive density such as Cray-2, and CrayT90 require large liquid-to-chilled liquid heat exchangers for the removal of heat.

In 2021, the immersion cooling industry contributes $258.6 million, and it is predicted to generate $1,855.1 million in 2030, advancing at a rate of 24.5% in the coming future. The rising penetration of the data centers, rapid usage of cloud services, and large amounts of data generation are the major factors for industry propulsion.

The single-phase category holds a substantial share of the immersion cooling industry, accounting for 70%. It is led by the numerous benefits of the techniques. For instance, single-phase immersion cooling systems are easy to operate, energy-efficient, affordable, and have low-maintenance costs with an average life span of 15 years. All such factors contribute to the higher demand for data centers.

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The major companies operating in the industry are Fujitsu Limited, DUG Technology (Australia) Pty Ltd., LiquidStack B.V., LiquidCool Solutions, ExaScaler Inc., Submer Technologies SL, and Iceotope Technologies Ltd.

Therefore, the large amounts of data generation led by the growing number of smartphone users, and internet penetration boosts the demand for immersion cooling.

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About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

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