MarkNtel Advisors has recently published a research report titled, Global Immersion Cooling Market, according to which the market is likely to witness a CAGR of around 24% during the forecast period, 2024-30. Our company is known for assessing business performance, product portfolios, operational segments, and developments, providing stakeholders with precise market projections and estimates through a rigorous research process.
The report has accredited such expansion of the market to the burgeoning need for cost-effective & energy-efficient cooling solutions within data centers as a result of the surge in e-commerce activities globally. With high-density computing solutions getting incorporated into data centers, immersion cooling is in higher demand due to its superior cooling efficiency & thermal management capabilities, making data centers leverage more servers without requiring extra space.
Our Report on the Global Immersion Cooling Market Offers Insights into The Following Segments
Clients seeking to invest in this market must be fully aware of its lucrative segments in order to leverage maximum gain. Keeping this in mind, our analyst has categorized the market into numerous segments based on several factors. Our report covers each sub-segment and also identifies the one that holds the largest share or has dominated the market in the historical period.
- By Type (Single-Phase, Dual-Phase)
- By Application (High Performance Computing, Edge Computing, Cryptocurrency Mining, Artificial Intelligence)
- By Cooling Fluid (Mineral Oil, Synthetic Oil, Fluorocarbon Based), and Other
Mineral Oils are anticipated to acquire the highest market share during 2024-30, garnering maximum attention from the end-users as these oils exhibit remarkable heat retention capacity, acting as a thermal insulator and ensuring proper device functionality when submerged. The demand for mineral oil keeps aggravating because of their ability to offer a cost-effective, energy-efficient cooling solution and improve deployment and operational adaptability.
Other than such categorization, our reports also locate the geographical areas that are either dominating the market in terms of size or volume or seem promising for the future. Based on demographics, consumer behavior, market supply and demand, and how the market performed in the past few years, the regional growth of the market among regions such as North America, Middle-East and Africa, South America, Europe, and Asia-Pacific is being projected for the year 2024-30.
North America is projected to lead the market with a substantial market share during the forecast period. This can be attributed to the massive investments made by the data centers in advanced high-performance computing servers in a bid to align with the rapidly expanding digital economy. Several US operators, including EdgePresence, EdgeMicro, and American Towers, have begun investing in these centers. These systems demand effective cooling solutions due to the increased heat output from these systems, further elevating the market growth across North America.
Green Revolution Cooling Inc. launched Next-Gen Immersion Cooled Data Centers in the Middle East & Africa
The report identifies the major players within the market and comprehensively analyses their business approach, patterns, advancements, and factory setup to predict their market presence for the next five years.
With the right set of data and actionable insights, our research report provides a holistic overview of the market, facilitating investors or stakeholders to put a strong foothold in the Immersion Cooling market. The major players profiled in the research report, along with their net worth and valuation in USD, are, Fujitsu Limited, Green Revolution Cooling Inc., Submer Technologies, Midas Green Technologies, Allied Control Ltd., Exascaler Inc., Qcooling, Liquidcool Solutions Inc., Iceotope Technologies Ltd., DCX- the liquid cooling company, and others.
In October 2023, GRC (Green Revolution Cooling) Inc., one of the leading players in single-phase immersion cooling for data centers, launched Next-Gen Immersion Cooled Data Centers in the Middle East & Africa. This innovative venture results from a collaboration between GRC, Dell Technologies, and DCV Industries.
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