Immersion Cooling Market To Propel at a Rate of About 25% by 2030

The total revenue of the immersion cooling market was about $259 million in 2021, and it will grow at a mammoth rate of around 25% by the end of this decade, to reach over $1,855 million by 2030. The increase in the count of data centers, producing large amounts of data, and the rapid use of cloud services are the main factors driving the growth of the market.

The single-phase category had a larger share, of approximately 70% revenue in the immersion cooling market in 2021. This is credited to the numerous benefits presented to users by this technique. For example, single-phase immersion cooling systems are energy efficient, simpler to function, lucrative, have low costs of maintenance, and coolant life of 1.5 decades. Consequently, the requirement for these systems in data centers is considerably higher, this is the reason that this category is the market leader.

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APAC immersion cooling market will grow at the fastest rate, proceeding at a growth rate of above 25%, in the coming years, as a result of the wide acceptance of edge-computing technologies in various nations like the Peoples Republic, Japan, and India. Furthermore, the increasing manufacturing and finance industries will further drive the requirement for data centers, requiring more cooling. Furthermore, advancing blockchain and crypto mining also support the demand for immersion cooling in the region.

Major players operating in the immersion cooling market are:
1- Fujitsu Limited
2- DUG Technology (Australia) Pty Ltd.
3- Green Revolution Cooling Inc.
4- Submer Technologies SL
5- LiquidStack B.V.
6- LiquidCool Solutions
7- Asperitas
8- ExaScaler Inc.
9- Iceotope Technologies Limited.

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Market Segmentation by Product
• Single-Phase
• Two-Phase
Market Segmentation by Application
• Blockchain
• High-Performance Computing
• Data Center
• Others
Market Segmentation by Liquid Type
• Mineral Oils
• Fluorocarbon-Based Fluids
• Deionized Water
• Others
Market Segmentation by Region
• North America Immersion Cooling Market
o By product
o By application
o By liquid type
o By country - U.S. and Canada
• Europe Immersion Cooling Market
o By product
o By application
o By liquid type
o By country - France, Germany, Italy, Spain, U.K., and Rest of Europe
• Asia-Pacific (APAC) Immersion Cooling Market
o By product
o By application
o By liquid type
o By country - China, India, Japan, Australia, South Korea, and Rest of APAC
• Latin America (LATAM) Immersion Cooling Market
o By product
o By application
o By liquid type
o By country - Brazil, Mexico, and Rest of LATAM
• Middle East and Africa (MEA) Immersion Cooling Market
o By product
o By application
o By liquid type
o By country - Saudi Arabia, South Africa, and Rest of MEA

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This release was published on openPR.