Immersion cooling market is anticipated to grow at a significant CAGR of 24.1% during the forecast period (2024-2031). Immersion cooling has grown more and more popular since it is scalable, sustainable, and energy-efficient. It satisfies environmental requirements, lowers energy consumption, and meets the objectives of high-density computing. The demand for small, effective cooling solutions is driven by increasing markets and technological developments, ensuring a sustainable and effective cooling system.
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The increasing demand for efficient cooling solutions in data centers due to the growing volume of data and computing needs drives the market growth. For instance, in June 2024, Asperitas launched Direct Forced Convection Immersion Cooling, a technology designed to enable scale, power, and reliability across multiple workloads, including HPC and AI. The technology offers advanced performance in the immersion cooling, enabling scale-up and a cooling capacity beyond 3.6kW per U. It ensures high power density components are precision cooled with low power overhead, allowing data centers to stack more powerful servers in a smaller footprint without overheating.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Immersion Cooling Market by Product Type
- Single-phase
- Two-phase
Global Immersion Cooling Market by Application
- High-performance Computing
- Edge Computing
- Cryptocurrency Mining
- Artificial Intelligence
- Others (Telecommunications, and Military and Defense)
Global Immersion Cooling Market by Cooling Liquid
- Hydrocarbons based Fluids (Mineral Oil and Synthetic Oil)
- Fluorocarbon-based Fluids
- Deionoized Water
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Cargill, Inc.
- Castrol Limited
- Inc.
- Engineered Fluids, Inc.
- Fuchs Lubricants China Ltd.
- GIGA-BYTE Technology Co., Ltd.
- Green Revolution Cooling,Inc.
- LiquidStack Holding B.V.
- Modine Manufacturing Company
- Prasa Infocom & Power Solutions Pvt. Ltd.
- STULZ GMBH
- Submer Technologies & Submer Inc.
- The Chemours Company
- Valvoline Global Operations
- Vertiv Group Corp.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global immersion cooling market. Based on the availability of data, information related to new products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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