Immersion Cooling Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research has published a new report on the global immersion cooling market, providing a detailed analysis of key market dynamics, trends, opportunities, and constraints. The report offers exclusive facts and figures on the anticipated growth of the market from 2023 to 2030.

The immersion cooling market is projected to grow at a CAGR of 22.8%, reaching a value of US$1,631.8 Mn by the close of 2030, up from US$387.5 Mn in 2023.

Key Insights

Immersion Cooling Market Size (2023E): US$ 387.5 Million
Projected Market Value (2030F): US$ 1,631.8 Million
Global Market Growth Rate (CAGR 2023 to 2030): 22.8%
Historical Market Growth Rate (CAGR 2018 to 2022): 18.7%

Immersion Cooling Market - Report Scope

Immersion cooling is a cool way to make data centers work better. Instead of using air, it puts computer parts in a special liquid to absorb heat, making them run better and last longer. This helps save energy and space. The market for immersion cooling is growing a lot from 2023 to 2030 because it's great for heavy computing tasks like AI and machine learning. It's also eco-friendly, which is important. The technology is not just for data centers; it can be used for other things like edge computing and 5G. This cool way of cooling is catching on fast as people realize it's better for the environment and makes computers work smarter.

Market Growth Drivers for Immersion Cooling:

The immersion cooling market is growing because of the high demand for powerful computing, like AI and ML. Regular cooling systems can't handle the heat from strong servers, but immersion cooling can. This helps servers work better for data-heavy tasks. Another reason for the market's growth is the focus on being eco-friendly and using less energy. Immersion cooling is better for the environment than traditional cooling methods, making it a smart choice for companies aiming to be more sustainable. So, as technology advances and environmental concerns grow, immersion cooling becomes a key solution for making powerful computers work well while being energy-efficient.

Market Restraints

Immersion cooling faces a risk from supply chain disruptions due to its reliance on specialized fluids and equipment. Economic uncertainties, geopolitical tensions, or pandemics can impact the production and delivery of key components.

Additionally, the lack of standardized technologies poses a challenge. Without industry-wide standards, integrating cooling solutions from different vendors becomes difficult, potentially slowing market growth. Collaborative efforts are needed to establish clear standards for immersion cooling, ensuring consistent performance and broad market acceptance.

Market Opportunities

A great opportunity for more revenue in the immersion cooling market is to focus on edge computing. Immersion cooling works well for edge computing by saving space and cooling efficiently. Companies can make specialized solutions for edge computing, capturing a growing market and boosting overall earnings.

Investing in research and development for industry-specific immersion cooling solutions is another lucrative opportunity. Tailoring solutions for sectors like telecommunications, healthcare, and finance, considering their unique needs, can open up new streams of revenue.

Key Questions Answered in Report:

Which region is expected to dominate the market share in the forecast period?
What are the key factors driving the demand for immersion cooling during the forecast period?
How will ongoing trends affect the global immersion cooling market?
Who are the major participants in the market?
What are the key strategies employed by leading players to enhance their positions in this market landscape?

Competitive Intelligence and Business Strategy

Top companies like LiquidStack, Midaas Green Technologies, LiquidCool Solutions, ExaScaler Inc., and GIGA BYTE technology Co. Ltd. are essential in the immersion cooling market. Competitive intelligence, analyzing data about competitors, is crucial for success. It helps companies understand market trends and make informed decisions.

A strong business strategy is vital, involving market segmentation, product differentiation, and cost leadership. Success comes from strategic decisions like product development and partnerships to capture emerging opportunities. Companies focus on sustainability by providing eco-friendly cooling solutions and innovating in fluid technologies.

Key Companies Profiled:

LiquidStack
Midaas Green Technologies
LiquidCool Solutions
ExaScaler Inc
GIGA BYTE technology Co Ltd.
Delta Power Solutions
Shell Plc
Engineered Fluids
GRC Cooling
Iceotope Technologies Ltd
Green Revolution Cooling Inc

Immersion Cooling Market Research Segmentation

Single phase immersion cooling systems are dominant for their simplicity and adaptability, while two phase systems are the fastest-growing for high-performance computing. Synthetic fluids, especially fluorocarbon-based, lead the cooling fluid segment.

AI is the top application due to its intense data processing needs, while edge computing is the fastest-growing for decentralized data processing. Europe leads the market with a focus on sustainability, while South Asia and Oceania are the fastest-growing regions, driven by rapid digitalization and high demand for computing technologies.

By Type:

Single Phase
Two Phase

By Cooling Fluid:

Mineral Oil
Synthetic Fluids
Fluorocarbon based fluids
Others

By Application:

Artificial Intelligence
High-Performance Computing
Edge Computing
Cryptocurrency Mining
Others

By Region:

North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33590

1. Executive Summary

1.1. Immersion Cooling Market Snapshot, 2023 and 2030
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Type Lifecycle Analysis
2.4. Immersion Cooling Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Immersion Cooling Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Immersion Cooling Market Outlook:Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Type, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
  - 3.3.3.1. Single Phase
  - 3.3.3.2. Two Phase
3.4. Market Attractiveness Analysis: Type
3.5. Immersion Cooling Market Outlook:Cooling Fluid
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Cooling Fluid, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Cooling Fluid, 2023 - 2030
  - 3.5.3.1. Mineral Oil
  - 3.5.3.2. Synthetic Fluids
  - 3.5.3.3. Fluorocarbon based fluids
  - 3.5.3.4. Others
3.6. Market Attractiveness Analysis: Cooling Fluid
3.7. Immersion Cooling Market Outlook:Application
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Application, 2018 - 2022
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
  - 3.7.3.1. Artificial Intelligence
  - 3.7.3.2. High-Performance Computing
  - 3.7.3.3. Edge Computing
  - 3.7.3.4. Cryptocurrency Mining
  - 3.7.3.5. Others
3.8. Market Attractiveness Analysis: Application

4. Immersion Cooling Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Immersion Cooling Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Type
- 5.3.3. By Cooling Fluid
- 5.3.4. By Application
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 5.5.1. Single Phase
- 5.5.2. Two Phase
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Cooling Fluid, 2023 - 2030
- 5.6.1. Mineral Oil
- 5.6.2. Synthetic Fluids
- 5.6.3. Fluorocarbon based fluids
- 5.6.4. Others
5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 5.7.1. Artificial Intelligence
- 5.7.2. High-Performance Computing
- 5.7.3. Edge Computing
- 5.7.4. Cryptocurrency Mining
- 5.7.5. Others
5.8. Market Attractiveness Analysis

6. Europe Immersion Cooling Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Type
- 6.3.3. By Cooling Fluid
- 6.3.4. By Application
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. T rkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 6.5.1. Single Phase
- 6.5.2. Two Phase
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Cooling Fluid, 2023 - 2030
- 6.6.1. Mineral Oil
- 6.6.2. Synthetic Fluids
- 6.6.3. Fluorocarbon based fluids
- 6.6.4. Others
6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 6.7.1. Artificial Intelligence
- 6.7.2. High-Performance Computing
- 6.7.3. Edge Computing
- 6.7.4. Cryptocurrency Mining
- 6.7.5. Others
6.8. Market Attractiveness Analysis

7. East Asia Immersion Cooling Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Type
- 7.3.3. By Cooling Fluid
- 7.3.4. By Application
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 7.5.1. Single Phase
- 7.5.2. Two Phase
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Cooling Fluid, 2023 - 2030
- 7.6.1. Mineral Oil
- 7.6.2. Synthetic Fluids
- 7.6.3. Fluorocarbon based fluids
- 7.6.4. Others
7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 7.7.1. Artificial Intelligence
- 7.7.2. High-Performance Computing
- 7.7.3. Edge Computing
- 7.7.4. Cryptocurrency Mining
- 7.7.5. Others
7.8. Market Attractiveness Analysis

8. South Asia & Oceania Immersion Cooling Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Type
- 8.3.3. By Cooling Fluid
- 8.3.4. By Application
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 8.5.1. Single Phase
- 8.5.2. Two Phase
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Cooling Fluid, 2023 - 2030
- 8.6.1. Mineral Oil
- 8.6.2. Synthetic Fluids
- 8.6.3. Fluorocarbon based fluids
- 8.6.4. Others
8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 8.7.1. Artificial Intelligence
- 8.7.2. High-Performance Computing
- 8.7.3. Edge Computing
- 8.7.4. Cryptocurrency Mining
- 8.7.5. Others
8.8. Market Attractiveness Analysis

9. Latin America Immersion Cooling Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Type
- 9.3.3. By Cooling Fluid
- 9.3.4. By Application
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 9.5.1. Single Phase
- 9.5.2. Two Phase
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Cooling Fluid, 2023 - 2030
- 9.6.1. Mineral Oil
- 9.6.2. Synthetic Fluids
- 9.6.3. Fluorocarbon based fluids
- 9.6.4. Others
9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 9.7.1. Artificial Intelligence
- 9.7.2. High-Performance Computing
- 9.7.3. Edge Computing
- 9.7.4. Cryptocurrency Mining
- 9.7.5. Others
9.8. Market Attractiveness Analysis

10. Middle East & Africa Immersion Cooling Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Type
- 10.3.3. By Cooling Fluid
- 10.3.4. By Application
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 10.5.1. Single Phase
- 10.5.2. Two Phase
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Cooling Fluid, 2023 - 2030
- 10.6.1. Mineral Oil
- 10.6.2. Synthetic Fluids
- 10.6.3. Fluorocarbon based fluids
- 10.6.4. Others
10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 10.7.1. Artificial Intelligence
- 10.7.2. High-Performance Computing
- 10.7.3. Edge Computing
- 10.7.4. Cryptocurrency Mining
- 10.7.5. Others
10.8. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Two Phase
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. LiquidStack
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. Midaas Green Technologies
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. LiquidCool Solutions
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. ExaScaler Inc
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. GIGA BYTE technology Co Ltd.
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. Delta Power Solutions
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Shell Plc
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. Engineered Fluids
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. GRC Cooling
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. Iceotope Technologies Ltd
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Product
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy
- 11.3.11. Green Revolution Cooling Inc
  - 11.3.11.1. Overview
  - 11.3.11.2. Segments and Product
  - 11.3.11.3. Key Financials
  - 11.3.11.4. Market Developments
  - 11.3.11.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations