Immersion Cooling Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the global immersion cooling market. The report provides a detailed assessment of key market dynamics, including drivers, trends, opportunities, and challenges, offering insights into the market structure. This research publication includes exclusive data and statistics projecting the growth trajectory of the immersion cooling market from 2024 to 2031.

Key Insights:

Immersion Cooling Market Size (2024E): USD 460.9 million
Projected Market Value (2031F): USD 1908.0 million
Global Market Growth Rate (CAGR 2024 to 2031): 22.5%

Immersion Cooling Market - Report Scope:

Immersion cooling plays a crucial role in the cooling of data centers and high-performance computing (HPC) facilities by submerging IT components in dielectric fluid or coolant. This method enhances cooling efficiency, reduces energy consumption, and enables higher density computing. The immersion cooling market serves a diverse clientele including data centers, HPC facilities, cryptocurrency mining operations, and other industrial applications, utilizing different immersion cooling technologies such as single-phase and two-phase immersion cooling.

Market Growth Drivers:

The global immersion cooling market is driven by several factors. Increasing demand for energy-efficient data center cooling solutions, coupled with rising adoption of HPC systems across various industries, fuels market growth. Immersion cooling offers advantages over traditional air-cooling methods, including better thermal management, noise reduction, and space optimization, thereby driving its adoption. Technological advancements in coolant formulations and immersion cooling system designs further contribute to market expansion.

Market Restraints:

Despite promising growth prospects, the immersion cooling market faces challenges such as initial high capital investment, limited awareness among end-users, and concerns regarding compatibility with existing IT infrastructure. Additionally, regulatory compliance and safety standards related to coolant disposal and system maintenance pose operational challenges for market players.

Market Opportunities:

The immersion cooling market presents significant growth opportunities driven by ongoing innovations in cooling technologies, increasing investments in data center infrastructure, and the growing trend towards sustainable computing solutions. The expansion of cloud computing, artificial intelligence (AI), and big data analytics applications also augments demand for efficient cooling solutions, positioning immersion cooling providers to capitalize on emerging market needs.

Strategic partnerships, investments in research and development, and the introduction of customized immersion cooling solutions tailored to diverse industry requirements are critical for market players to maintain competitiveness and foster market leadership.

Key Questions Answered in the Report:

What are the primary factors propelling the growth of the immersion cooling market globally?
Which technologies and applications are driving adoption of immersion cooling across different industries?
How are technological advancements reshaping the competitive landscape of the immersion cooling market?
Who are the key players contributing to the immersion cooling market, and what strategies are they employing to sustain market relevance?
What are the emerging trends and future prospects in the global immersion cooling market?

Competitive Intelligence and Business Strategy:

Leading players in the global immersion cooling market, such as LiquidStack,Midaas Green Technologies,LiquidCool Solutions focus on innovation, product differentiation, and strategic collaborations to gain a competitive edge. These companies invest in R&D to develop advanced cooling solutions, expand their geographical presence, and enhance customer support services. Partnerships with data center operators, HPC providers, and technology integrators are instrumental in driving market penetration and technology adoption.

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

By Type:

Single Phase
Two Phase

By Cooling Fluid:

Mineral Oil
Synthetic Fluids
Fluorocarbon based fluids

By Application:

Artificial Intelligence
High-Performance Computing
Edge Computing
Cryptocurrency Mining

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, 2024-2031
1.2. Market Opportunity Assessment, 2024-2031, 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 (2019-2023) and Forecast (2024-2031)

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, 2019-2023
- 3.2.2. Current Market Size Forecast, 2024-2031
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, 2019-2023
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2024-2031
  - 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, 2019-2023
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Cooling Fluid, 2024-2031
  - 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, 2019-2023
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2024-2031
  - 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, 2019-2023
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2024-2031
- 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 (2019-2023) and Forecast (2024-2031)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 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, 2024-2031
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2024-2031
- 5.5.1. Single Phase
- 5.5.2. Two Phase
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Cooling Fluid, 2024-2031
- 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, 2024-2031
- 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 (2019-2023) and Forecast (2024-2031)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 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, 2024-2031
- 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. Turkey
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2024-2031
- 6.5.1. Single Phase
- 6.5.2. Two Phase
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Cooling Fluid, 2024-2031
- 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, 2024-2031
- 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 (2019-2023) and Forecast (2024-2031)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 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, 2024-2031
- 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, 2024-2031
- 7.5.1. Single Phase
- 7.5.2. Two Phase
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Cooling Fluid, 2024-2031
- 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, 2024-2031
- 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 (2019-2023) and Forecast (2024-2031)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 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, 2024-2031
- 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, 2024-2031
- 8.5.1. Single Phase
- 8.5.2. Two Phase
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Cooling Fluid, 2024-2031
- 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, 2024-2031
- 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 (2019-2023) and Forecast (2024-2031)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 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, 2024-2031
- 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, 2024-2031
- 9.5.1. Single Phase
- 9.5.2. Two Phase
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Cooling Fluid, 2024-2031
- 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, 2024-2031
- 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 (2019-2023) and Forecast (2024-2031)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 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, 2024-2031
- 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, 2024-2031
- 10.5.1. Single Phase
- 10.5.2. Two Phase
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Cooling Fluid, 2024-2031
- 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, 2024-2031
- 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, 2024
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