The global Immersion Cooling Market was estimated to be at $251.0 million in 2021, which is expected to grow with a CAGR of 36.3% and reach $1,605.5 million by 2027. The growth in the global immersion cooling market is expected to be driven by increased water scarcity and boosting the number of colocation and hyper data centers.
Market Lifecycle Stage
The immersion cooling market is in a growth phase. Cooling is a standard part of data center operations as servers and networking devices constantly run 24/7, which increases the core temperature, which if not controlled, can lead to data center outage. Reduce water scarcity, climate actions, sustainable urban infrastructure, and recycle and reusability are some of the SDGs that are expected to drive innovations and improvements toward the adoption of liquid cooling technologies. Therefore, growing number of data centers are resulting in a boost in the utilization of immersion cooling techniques.
Impact
• Immersion cooling highly impacts thermal managements techniques with the use of dielectric coolants which can be potentially used on high-density data centres. This dielectric liquid permits deploying CPU and GPU clusters much closer collectively, i.e., in high-density configurations, while protecting crucial elements from thermal and environmental risks.
• Immersion cooling bridges the gap between traditional and future data centres. It not only improves the data infrastructure system efficiency but also cuts by a huge margin the amount of energy consumed. This leads to reduced energy bills and carbon footprint.
Impact of COVID-19
Due to the COVID-19 pandemic, the revenues have gone down slightly in 2020 and may resume an uptrend gradually from 2021. Therefore, immersion cooling companies have adopted strategies to come back positively from this crisis, and therefore, the global immersion cooling market is anticipated to bounce back more robustly in the future. This is due to an increase in data usage by 34% from the pre-pandemic times.
Market Segmentation:
Segmentation 1: by Application
o Blockchain
o High-Performance Computing
o Data Center
Segmentation 2: by Technology
o Single-Phase Immersion Cooling System
o Two-Phase Immersion Cooling System
The single-phase immersion cooling is estimated to grow at the highest growth rate during the period 2022 to 2027. This type of immersion cooling technology always remains in liquid form as it never changes its state from liquid to gas.
Segmentation 3: by Region
o North America - U.S., Canada, and Mexico
o Europe - Germany, France, Spain, Netherlands, and Rest-of-Europe
o China
o U.K.
o Asia-Pacific and Japan - Taiwan, India, Japan, Australia, Singapore, and Rest-of-Asia-Pacific and Japan
o Rest-of-the-World- Middle East and Africa and South America
North America generated the highest revenue of $92.0 million in 2021. The region is experiencing an immense increase in the operational applications of immersion cooling such as data centers and edge computing systems. Therefore, the technology is being challenged by other alternatives in the cooling segment. The Asia-Pacific region is anticipated to grow at a faster rate.
Request Sample - https://bisresearch.com/requestsample?id=1286&type=download
How This Report Can Add Value to End Users
Product/Innovation Strategy: The study provides the reader a detailed understanding of the different immersion cooling-based products by application (blockchain, high-performance computing, and data center), and by technology (single-phase immersion cooling system and two-phase immersion cooling system).
Growth/Marketing Strategy: The global immersion cooling market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. The favored strategy for the companies has been partnerships, collaborations, mergers, acquisitions, and joint ventures to strengthen their positions in the immersion cooling market. For instance, in August 2021, Lubrizol and Submer partnered to offer holistic, tailored immersion cooling solutions for the expanding data center infrastructure market.
BIS Research Offerings - https://bisresearch.com/our-offerings/subscriptions
You May Also Like -
Article source: https://article-realm.com/article/Finance/26216-Immersion-Cooling-Market-Industry-Trends-Share-Size-and-Forecast-2022-2027-BIS-Research.html
Reviews
Comments
Most Recent Articles
- Sep 13, 2024 Why SIP in ELSS is a Win-Win for Tax Saving and Wealth Creation by sandeepkumar
- Sep 12, 2024 How Does the Portfolio Overlap Tool Work in Top Mutual Fund Software in India? by Wealth Elite
- Sep 5, 2024 Wealth management versus financial planning by Anna Paquin
- Sep 2, 2024 How Does the Compare Funds Feature in Mutual Fund Software Work? by Wealth Elite
- Aug 29, 2024 How Mutual Fund Software for IFA Helps in Selecting the Right Mutual Fund for Investors? by Wealth Elite
Most Viewed Articles
- 11085 hits How to Start an Invention Idea by Edwin Poul
- 9064 hits How to Download and Install Facebook Messenger on Firestick by Hope Mikaelson
- 2615 hits Brief discussion about Water by kavin prasath
- 2114 hits Importance of Proofreading While You Write an Assignment by clara
- 1891 hits Sleeping Pillow Market by Trisha Kumari
Popular Articles
In today’s competitive world, one must be knowledgeable about the latest online business that works effectively through seo services....
77367 Views
Are you caught in between seo companies introduced by a friend, researched by you, or advertised by a particular site? If that is the...
32686 Views
Walmart is being sued by a customer alleging racial discrimination. The customer who has filed a lawsuit against the retailer claims that it...
13708 Views
If you have an idea for a new product, you can start by performing a patent search. This will help you decide whether your idea could become the...
11085 Views
Statistics
Members | |
---|---|
Members: | 15316 |
Publishing | |
---|---|
Articles: | 63,054 |
Categories: | 202 |
Online | |
---|---|
Active Users: | 52 |
Members: | 0 |
Guests: | 52 |
Bots: | 1312 |
Visits last 24h (live): | 1855 |
Visits last 24h (bots): | 25781 |