출판 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2022년10월
액침 냉각(Immersion Cooling) 시장 : 유형 (단상 및 2상), 용도 (고성능 컴퓨팅, 에지 컴퓨팅, 가상 통화 마이닝), 냉각액, 구성 요소 (솔루션, 서비스), 지역별 – 2030 년까지의 세계 예측
Immersion Cooling Market by Type (Single-Phase and Two-Phase), Application (High-Performance Computing, Edge Computing, Cryptocurrency Mining), Cooling Fluid, Components (Solutions, Services), and Geography – Global Forecast to 2030
| 페이지수 | 235 |
| 도표수 | 209 |
| 구성 | 영문조사보고서 |
| 가격 |
The immersion cooling market is projected to grow from USD 302 million in 2022 to USD 1,710 million by 2030, at a CAGR of 24.2% from 2021 to 2026. Growing number of data centers for applications such as edge computing, cloud computing and cryptocurrency mining brings need for cost-effective and eco-friendly cooling solutions which is expected to drive immersion cooling market.
Advancements in technologies such as artificial intelligence, Internet of Things (IoT), cryptocurrency mining, machine learning, and increased computing power and performance requirements have led to increased server density.
액침 냉각 시장은 2021년부터 2026년까지 24.2%의 CAGR로 2022년 3억 200만 달러에서 2030년 17억 1000만 달러로 성장할 것으로 예상됩니다. 액침 냉각 시장을 주도할 것으로 예상되는 비용 효율적이고 친환경적인 냉각 솔루션이 필요합니다.
인공 지능, 사물 인터넷(IoT), 암호화폐 채굴, 기계 학습, 컴퓨팅 성능 및 성능 요구 사항 증가와 같은 기술의 발전으로 인해 서버 밀도가 높아졌습니다.
This increased server density causes an upsurge in the amount of heat generated in data centers. However, increased retrofitting costs of existing infrastructure, coupled with the requirement for new specialized infrastructure, act as restraints for the growth of the immersion cooling market.
“Single-phase type segment is projected to lead the immersion cooling market during the forecast period.”
Based on type, the single-phase immersion cooling is estimated to grow at the highest CAGR during the forecasted period. In single-phase immersion cooling, the cooling fluid will not changes phase and will remains in a liquid form. The cooling fluid gets pumped to a heat exchanger where heat is transferred to a cooler water circuit. Due to this, there are no chances of the cooling fluid getting evaporated. However, in two-phase immersion cooling technique the cooling liquid will change phase and convert to vapor after absorbing the heat. This is expected to drive the single-phase type segment during the forecast period.
“High-performance computing has the second-largest market share, based on application segment immersion cooling market.”
Based on application, the second largest share is attributed to the high-performance computing segment. This market share can be attributed to the adoption of HPC (High Performance Computing) in various industry applications and organisations focusing on expanding their critical applications. This has resulted in increased server rack densities, resulting in making conventional cooling systems less effective. This has encouraged HPC customers to switch from traditional cooling methods and adopt innovative and sustainable cooling solutions such as immersion cooling solutions.
Fluorocarbon-based Fluids, based on cooling fluid segment is projected to have second largest market share in the immersion cooling market.”
Based on cooling fluid segment, Fluorocarbon-based Fluids segment has the second largest market share. Fluorocarbon-based fluids are electrically insulated and are mainly used for cooling electronics. These fluids are extremely inert, non-reactive, and do not conduct electricity. These characteristics are said to drive the segment in the immersion cooling market.
Solutions segment is projected to have the largest market share in the immersion cooling market.”
Based on components, solutions segment has the largest market share in the forecast period. Based on components the market is segmented into two segments namely, services and solutions. Solutions segment include different components of immersion cooling systems such as tanks, compressors, tubing, and heat exchangers. Various vendors offer these components used to build immersion cooling systems. These components are used for building customized immersion cooling systems. This is said to fuel the segment in the market.
“Asia Pacific is projected to grow the highest CAGR in the immersion cooling market during the forecast period.”
Asia Pacific is projected to grow at the highest CAGR in the immersion cooling market from 2022 to 2030. The increasing use of technologies such as high-performance computing, artificial intelligence, edge computing, cloud computing, and cryptocurrency mining in countries such as, China, Japan, India, and South Korea is driving the segment. These technologies has resulted in increased the server rack and chip density. This has driven demand for energy for data center cooling. The market is projected to grow rapidly in the Asia Pacific region, owing to the increased demand for immersion cooling from cryptocurrency miners in the region.
Profile break-up of primary participants for the report:
• By Company Type: Tier 1 – 20%, Tier 2 – 55%, and Tier 3 – 25%
• By Designation: C-level Executives – 50%, Directors – 25%, and Others – 25%
• By Region: Asia Pacific – 10%, Europe – 20%, North America – 60%, the Middle East & Africa- 5%, and South America – 5%
Furthermore, as a part of the qualitative analysis of the immersion cooling market, the research provides a comprehensive review of drivers, restraints, opportunities, and challenges influencing the growth of the market across the globe. It also discusses competitive strategies adopted by the leading market players such as LiquidStack (Netherlands), Fujitsu (Japan), Green Revolution Cooling Inc (US), Submer (Spain), Asperitas (Netherlands), Midas Green Technologies (US), Iceotope Technologies Ltd (US), LiquidCool Solutions (US), DUG Technology (Australia), DCX – The Liquid Cooling Company (Poland), ExaScaler Inc (Japan), SixtyOneC Technology Corporation (Canada), Engineered Fluids (US), TIEMMERS (Netherlands), TMGcore, Inc. (US), GIGA-BYTE Technology Co., Ltd. (Taiwan), Wiwynn (Taiwan), Hypertec (Canada), TAS (US), and Delta Power Solutions (Taiwan).
Research Coverage:
The report defines, segments, and projects the size of the immersion cooling market based on application, type, cooling fluid, components and region. It strategically profiles the key players and comprehensively analyzes their market share and core competencies. It also tracks and analyzes competitive developments such as expansions, product launches, partnerships, collaborations, agreements, and joint ventures undertaken by them in the market.
The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the automotive immersion cooling market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.
Reasons to Buy the Report:
The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the immersion cooling market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses, and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
목차
1 INTRODUCTION 30
1.1 STUDY OBJECTIVES 30
1.2 MARKET DEFINITION 30
1.3 INCLUSIONS AND EXCLUSIONS 30
TABLE 1 IMMERSION COOLING MARKET, BY TYPE: INCLUSIONS AND EXCLUSIONS 30
TABLE 2 IMMERSION COOLING MARKET, BY COOLING FLUID: INCLUSIONS AND EXCLUSIONS 31
TABLE 3 IMMERSION COOLING MARKET, BY COMPONENT: INCLUSIONS AND EXCLUSIONS 31
TABLE 4 IMMERSION COOLING MARKET, BY APPLICATION: INCLUSIONS AND EXCLUSIONS 31
TABLE 5 IMMERSION COOLING MARKET, BY REGION: INCLUSIONS AND EXCLUSIONS 32
1.4 MARKET SCOPE 32
1.4.1 IMMERSION COOLING MARKET SEGMENTATION 32
1.4.2 REGIONS COVERED 33
1.4.3 YEARS CONSIDERED 33
1.5 CURRENCY 34
1.6 STAKEHOLDERS 34
1.7 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH DATA 36
FIGURE 1 IMMERSION COOLING MARKET: RESEARCH DESIGN 36
2.1.1 SECONDARY DATA 37
2.1.1.1 Key data from secondary sources 37
2.1.2 PRIMARY DATA 37
2.1.2.1 Key data from primary sources 38
2.1.2.2 Key industry insights 38
2.1.2.3 Breakdown of primary interviews 39
2.1.2.4 Primary participants 39
2.2 MARKET SIZE ESTIMATION 40
2.2.1 BOTTOM-UP APPROACH 40
FIGURE 2 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 40
2.2.2 TOP-DOWN APPROACH 40
FIGURE 3 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 40
2.3 CALCULATION OF BASE MARKET SIZE 41
2.3.1 SUPPLY-SIDE APPROACH 41
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE) 41
2.3.2 DEMAND-SIDE APPROACH 42
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2—BOTTOM-UP (DEMAND SIDE) 42
2.4 DATA TRIANGULATION 42
FIGURE 6 IMMERSION COOLING MARKET: DATA TRIANGULATION 43
2.5 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST 43
TABLE 6 FACTOR ANALYSIS 44
2.6 ASSUMPTIONS 45
2.7 RISK ASSESSMENT 45
TABLE 7 LIMITATIONS AND ASSOCIATED RISKS 45
3 EXECUTIVE SUMMARY 46
TABLE 8 IMMERSION COOLING MARKET SNAPSHOT, 2022 & 2030 47
FIGURE 7 CRYPTOCURRENCY MINING SEGMENT ACCOUNTED FOR LARGEST SHARE OF IMMERSION COOLING MARKET IN 2021 48
FIGURE 8 SYNTHETIC FLUIDS SEGMENT ACCOUNTED FOR LARGEST SHARE OF IMMERSION COOLING MARKET IN 2021 48
FIGURE 9 SINGLE-PHASE IMMERSION COOLING SEGMENT LED IMMERSION COOLING MARKET IN 2021 49
FIGURE 10 SOLUTIONS SEGMENT LED IMMERSION COOLING MARKET IN 2021 49
FIGURE 11 NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF IMMERSION COOLING MARKET 50
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN IMMERSION COOLING MARKET 51
FIGURE 12 ADOPTION IN CRYPTOCURRENCY MINING AND GROWING SERVER DENSITY DRIVING GROWTH 51
4.2 IMMERSION COOLING MARKET, BY REGION 51
FIGURE 13 ASIA PACIFIC IMMERSION COOLING MARKET PROJECTED TO WITNESS HIGHEST CAGR FROM 2022 TO 2030 51
4.3 NORTH AMERICA IMMERSION COOLING MARKET, BY APPLICATION AND COUNTRY 52
FIGURE 14 CRYPTOCURRENCY MINING ACCOUNTED FOR LARGEST SHARE OF NORTH AMERICA IMMERSION COOLING MARKET 52
4.4 IMMERSION COOLING MARKET, BY MAJOR COUNTRIES 53
FIGURE 15 IMMERSION COOLING MARKET IN CHINA PROJECTED TO WITNESS HIGHEST CAGR FROM 2022 TO 2030 53
5 MARKET OVERVIEW 54
5.1 INTRODUCTION 54
FIGURE 16 IMMERSION COOLING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 54
5.1.1 DRIVERS 55
5.1.1.1 Adoption in cryptocurrency mining & blockchain 55
FIGURE 17 FUNDS RAISED BY CRYPTOCURRENCY DATA AND INFRASTRUCTURE STARTUPS, 2014–2019 55
5.1.1.2 Growing density of servers 56
FIGURE 18 AVERAGE SERVER RACK DENSITY, 2016–2020 56
5.1.1.3 Growing need for eco-friendly data center cooling solutions 56
TABLE 9 CARBON FOOTPRINT OF AIR-COOLING VERSUS IMMERSION-COOLING FOR DATA CENTERS 57
5.1.1.4 Rising need for cost-effective cooling solutions 57
TABLE 10 AIR-COOLING VERSUS IMMERSION-COOLING FOR DATA CENTERS 58
5.1.1.5 Increasing demand for compact and noise-free solutions 58
TABLE 11 COMPARATIVE NOISE LEVEL 58
5.1.2 RESTRAINTS 59
5.1.2.1 Susceptibility to leakage 59
5.1.2.2 Air cooling remains dominant cooling technology 59
5.1.3 OPPORTUNITIES 59
5.1.3.1 Adoption in low-density data centers 59
5.1.3.2 Emergence of AI, high-performance electronics, telecom, and other technologies 60
5.1.3.3 Development of cooling solutions for deployment in harsh environments 60
TABLE 12 WATER CONSUMPTION IN AIR-COOLING VERSUS IMMERSION-COOLING FOR DATA CENTERS 60
5.1.3.4 High-density cooling requirements 61
5.1.4 CHALLENGES 61
5.1.4.1 High investments in existing infrastructure 61
5.1.4.2 Retrofitting immersion cooling solutions in large and medium-scale data centers 61
5.2 PORTER’S FIVE FORCES ANALYSIS 61
FIGURE 19 IMMERSION COOLING MARKET: PORTER’S FIVE FORCES ANALYSIS 62
TABLE 13 IMMERSION COOLING MARKET: PORTER’S FIVE FORCES ANALYSIS 62
5.2.1 BARGAINING POWER OF SUPPLIERS 63
5.2.2 BARGAINING POWER OF BUYERS 63
5.2.3 THREAT OF SUBSTITUTES 64
5.2.4 THREAT OF NEW ENTRANTS 64
5.2.5 INTENSITY OF COMPETITIVE RIVALRY 64
5.3 KEY STAKEHOLDERS & BUYING CRITERIA 65
5.3.1 KEY STAKEHOLDERS IN BUYING PROCESS 65
FIGURE 20 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP THREE APPLICATIONS 65
5.3.1.1 Buying criteria for cryptocurrency mining 65
5.3.2 BUYING CRITERIA 66
TABLE 14 KEY BUYING CRITERIA 66
FIGURE 21 KEY BUYING CRITERIA FOR TOP 3 APPLICATIONS 66
6 INDUSTRY TRENDS 68
6.1 EVOLUTION OF IMMERSION COOLING 68
FIGURE 22 EVOLUTION OF DATA CENTER COOLING AND IMMERSION COOLING 69
6.2 IMMERSION COOLING MARKET: ECOSYSTEM 70
FIGURE 23 ECOSYSTEM/MARKET MAPPING: IMMERSION COOLING 70
TABLE 15 IMMERSION COOLING MARKET: ECOSYSTEM 70
6.3 PATENTS ANALYSIS 72
6.3.1 INTRODUCTION 72
6.3.2 METHODOLOGY 72
6.3.3 DOCUMENT TYPE 72
FIGURE 24 NUMBER OF GRANTED PATENTS, PATENT APPLICATIONS, AND LIMITED PATENTS 72
FIGURE 25 PUBLICATION TRENDS (2011–2022) 73
6.3.4 INSIGHTS 73
FIGURE 26 TOP JURISDICTIONS FOR IMMERSION COOLING SOLUTIONS 73
FIGURE 27 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS 74
TABLE 16 LIST OF PATENTS PERTAINING TO IMMERSION COOLING MARKET, 2017–2021 74
TABLE 17 TOP 10 PATENT OWNERS IN LAST 10 YEARS 75
6.4 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 75
FIGURE 28 REVENUE SHIFT FOR IMMERSION COOLING SOLUTIONS IN DATA CENTER APPLICATIONS 76
6.5 REGULATORY LANDSCAPE 76
6.5.1 OPEN COMPUTE PROJECT (OCP) – QUALITY & SAFETY REQUIREMENTS FOR IMMERSION COOLING TECHNOLOGY 76
6.5.2 OPEN COMPUTE PROJECT (OCP) – DIELECTRIC COOLING FLUID REQUIREMENTS FOR DATA CENTER APPLICATIONS 78
TABLE 18 DIELECTRIC COOLING FLUID SPECIFICATIONS 78
TABLE 19 DIELECTRIC COOLING FLUID MINIMUM REQUIREMENTS 79
TABLE 20 HYDROCARBON FLUIDS QUALITY MANAGEMENT TABLE 80
TABLE 21 FLUOROCARBON FLUIDS QUALITY MANAGEMENT TABLE 80
6.5.3 IMMERSION COOLING TECHNOLOGY – COUNTRY/REGIONAL REGULATIONS 81
6.5.3.1 US 81
6.5.3.2 Europe 81
6.5.3.3 China 82
6.5.3.4 Japan 82
6.5.3.5 India 83
TABLE 22 APPROACHES IN INDIAN CONTEXT 83
6.6 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 84
6.6.1 INTRODUCTION 84
6.6.1.1 American National Standards Institute 84
6.6.1.2 American Society of Heating, Refrigerating, and Air-Conditioning Engineers 84
6.6.1.3 Institute for Energy and Transport of Joint Research Center of European Commission 84
6.6.1.4 Distributed Management Task Force 84
6.6.1.5 Telecommunication Industry Association 84
6.6.1.6 National Electrical Manufacturers Association 84
6.6.1.7 Canadian Standards Association Group 85
6.6.1.8 Underwriters Laboratory 85
6.6.1.9 United States Department of Energy 85
6.6.1.10 US Environmental Protection Agency 85
6.6.1.11 Statement on Standards for Attestation Engagements No. 16 85
6.6.1.12 International Standards Compliance 85
6.7 KEY CONFERENCES & EVENTS – 2022 & 2023 85
TABLE 23 IMMERSION COOLING MARKET: CONFERENCES & EVENTS (2022 & 2023) 85
6.8 CASE STUDY ANALYSIS 86
6.8.1 ASPERITAS AND ITRENEW PARTNER TO BRING SUSTAINABLE, PLUG-AND-PLAY DATA CENTER SOLUTION FULL CIRCLE 86
6.8.2 DUG REDUCED ENERGY SPENDING IN DATA CENTER BY ADOPTING GRC’S IMMERSION COOLING TECHNOLOGY 87
6.8.3 MICROSOFT CHOSE IMMERSION COOLING TECHNOLOGY BY LIQUIDSTACK FOR ITS CLOUD SERVERS 87
6.8.4 BITFURY GROUP ENHANCES DATA CENTER COOLING EFFICIENCY USING 3M’S ENGINEERED FLUIDS 87
6.8.5 MACQUARIE TELECOM GROUP TO DEPLOY SUBMER’S IMMERSION COOLING SOLUTIONS AT ITS DATA CENTERS 88
6.8.6 NTT DATA CORPORATION TO ADOPT LIQUIDSTACK’S TWO-PHASE IMMERSION COOLING SOLUTIONS AT ITS DATA CENTERS 88
6.9 TECHNOLOGY ANALYSIS 88
6.9.1 OVERVIEW 88
FIGURE 29 TYPES OF IMMERSION COOLING SOLUTIONS 88
6.9.2 SINGLE-PHASE 89
6.9.2.1 IT chassis 89
6.9.2.2 Tub/Open bath 89
6.9.3 TWO-PHASE 89
6.9.3.1 Tub/open bath 89
6.9.4 HYBRID 89
6.10 VALUE CHAIN ANALYSIS 90
FIGURE 30 IMMERSION COOLING MARKET: VALUE CHAIN ANALYSIS 90
6.11 ADVANTAGES OF IMMERSION COOLING 91
6.11.1 LOW COST 91
TABLE 24 COMPARISON OF DIFFERENT COOLING TECHNIQUES 92
6.11.2 LESS INFRASTRUCTURE 92
6.11.3 EASY INSTALLATION AND MAINTENANCE 92
6.11.4 ENVIRONMENTALLY FRIENDLY 92
6.12 MARKETING CHANNELS USED BY IMMERSION COOLING SOLUTION PROVIDERS: COMPARATIVE ANALYSIS 93
6.12.1 B2B MARKETING CHANNELS – COMPARATIVE ANALYSIS 93
TABLE 25 DETAILS OF DIFFERENT DISTRIBUTION CHANNELS 93
6.13 PARTNERS OF IMMERSION COOLING COMPANIES 95
6.13.1 PARTNERSHIPS 95
TABLE 26 LIST OF PARTNER COMPANIES OF MAJOR IMMERSION COOLING SOLUTION PROVIDERS 95
6.14 TOTAL COST OF OWNERSHIP 98
TABLE 27 AVERAGE PRICING, COOLING FLUID (USD/LITER) 98
7 IMMERSION COOLING MARKET, BY APPLICATION 99
7.1 INTRODUCTION 100
FIGURE 31 IMMERSION COOLING MARKET, BY APPLICATION, 2022 & 2030 (USD MILLION) 100
TABLE 28 IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 100
TABLE 29 IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 101
7.2 HIGH-PERFORMANCE COMPUTING 101
7.2.1 NEED FOR HIGH-EFFICIENCY COOLING TO DRIVE MARKET 101
TABLE 30 IMMERSION COOLING MARKET SIZE IN HIGH-PERFORMANCE COMPUTING, BY REGION, 2017–2021 (USD MILLION) 102
TABLE 31 IMMERSION COOLING MARKET SIZE IN HIGH-PERFORMANCE COMPUTING, BY REGION, 2022–2030 (USD MILLION) 102
7.3 EDGE COMPUTING 102
7.3.1 EDGE COMPUTING GAINING TRACTION IN OIL & GAS, DEFENSE, AND TELECOM INDUSTRIES 102
TABLE 32 IMMERSION COOLING MARKET SIZE IN EDGE COMPUTING, BY REGION, 2017–2021 (USD MILLION) 103
TABLE 33 IMMERSION COOLING MARKET SIZE IN EDGE COMPUTING, BY REGION, 2022–2030 (USD MILLION) 103
7.4 ARTIFICIAL INTELLIGENCE 103
7.4.1 DIGITAL TRANSFORMATION OF COMPANIES EXPECTED TO DRIVE AI APPLICATION SEGMENT 103
TABLE 34 IMMERSION COOLING MARKET SIZE IN ARTIFICIAL INTELLIGENCE, BY REGION, 2017–2021 (USD MILLION) 104
TABLE 35 IMMERSION COOLING MARKET SIZE IN ARTIFICIAL INTELLIGENCE, BY REGION, 2022–2030 (USD MILLION) 104
7.5 CRYPTOCURRENCY MINING 105
7.5.1 IMMERSION COOLING MARKET TO WITNESS HIGHEST GROWTH IN CRYPTOCURRENCY MINING APPLICATION 105
TABLE 36 IMMERSION COOLING MARKET SIZE IN CRYPTOCURRENCY MINING, BY REGION, 2017–2021 (USD MILLION) 105
TABLE 37 IMMERSION COOLING MARKET SIZE IN CRYPTOCURRENCY MINING, BY REGION, 2022–2030 (USD MILLION) 106
7.6 OTHERS 106
TABLE 38 IMMERSION COOLING MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2017–2021 (USD MILLION) 106
TABLE 39 IMMERSION COOLING MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2022–2030 (USD MILLION) 107
8 IMMERSION COOLING MARKET, BY TYPE 108
8.1 INTRODUCTION 109
FIGURE 32 IMMERSION COOLING MARKET, BY TYPE, 2022 & 2030 (USD MILLION) 109
TABLE 40 IMMERSION COOLING MARKET SIZE, BY TYPE, 2017–2021 (USD MILLION) 109
TABLE 41 IMMERSION COOLING MARKET SIZE, BY TYPE, 2022–2030 (USD MILLION) 109
8.2 SINGLE-PHASE IMMERSION COOLING 110
8.2.1 OFFERS EFFICIENT COOLING AND LOW MAINTENANCE 110
TABLE 42 SINGLE-PHASE IMMERSION COOLING MARKET SIZE, BY REGION, 2017–2021 (USD MILLION) 110
TABLE 43 SINGLE-PHASE IMMERSION COOLING MARKET SIZE, BY REGION, 2022–2030 (USD MILLION) 111
8.3 TWO-PHASE IMMERSION COOLING 111
8.3.1 FLUID LOSS REMAINS PRIMARY CONCERN IN TWO-PHASE IMMERSION COOLING SYSTEMS 111
TABLE 44 TWO-PHASE IMMERSION COOLING MARKET SIZE, BY REGION, 2017–2021 (USD MILLION) 112
TABLE 45 TWO-PHASE IMMERSION COOLING MARKET SIZE, BY REGION, 2022–2030 (USD MILLION) 112
9 IMMERSION COOLING MARKET, BY COMPONENT 113
9.1 INTRODUCTION 114
FIGURE 33 IMMERSION COOLING MARKET, BY COMPONENT, 2022 & 2030 (USD MILLION) 114
TABLE 46 IMMERSION COOLING MARKET SIZE, BY COMPONENT, 2017–2021 (USD MILLION) 114
TABLE 47 IMMERSION COOLING MARKET SIZE, BY COMPONENT, 2022–2030 (USD MILLION) 114
9.2 SOLUTIONS 115
9.2.1 GROWING DEMAND FOR HIGH-DENSITY SERVER COOLING EXPECTED TO DRIVE MARKET 115
TABLE 48 SOLUTIONS: IMMERSION COOLING MARKET SIZE, BY REGION, 2017–2021 (USD MILLION) 115
TABLE 49 SOLUTIONS: IMMERSION COOLING MARKET SIZE, BY REGION, 2022–2030 (USD MILLION) 115
9.3 SERVICES 116
9.3.1 ASIA PACIFIC TO WITNESS HIGHEST GROWTH IN SERVICES SEGMENT 116
TABLE 50 SERVICES: IMMERSION COOLING MARKET SIZE, BY REGION, 2017–2021 (USD MILLION) 116
TABLE 51 SERVICES: IMMERSION COOLING MARKET SIZE, BY REGION, 2022–2030 (USD MILLION) 116
10 IMMERSION COOLING MARKET, BY COOLING FLUID 117
10.1 INTRODUCTION 118
FIGURE 34 IMMERSION COOLING MARKET, BY COOLING FLUID, 2022 & 2030 (USD MILLION) 118
TABLE 52 IMMERSION COOLING MARKET SIZE, BY COOLING FLUID, 2017–2021 (USD MILLION) 118
TABLE 53 IMMERSION COOLING MARKET SIZE, BY COOLING FLUID, 2022–2030 (USD MILLION) 119
10.2 MINERAL OIL 119
10.2.1 LIMITED USAGE RESTRICTS MARKET GROWTH 119
TABLE 54 MINERAL OIL: IMMERSION COOLING MARKET SIZE, BY REGION, 2017–2021 (USD MILLION) 119
TABLE 55 MINERAL OIL: IMMERSION COOLING MARKET SIZE, BY REGION, 2022–2030 (USD MILLION) 120
10.3 FLUOROCARBON-BASED FLUIDS 120
10.3.1 FLUOROCARBON-BASED FLUIDS INCREASINGLY USED IN HIGH-PERFORMANCE LIQUID COOLING APPLICATIONS 120
TABLE 56 FLUOROCARBON-BASED FLUIDS: IMMERSION COOLING MARKET SIZE, BY REGION, 2017–2021 (USD MILLION) 120
TABLE 57 FLUOROCARBON-BASED FLUIDS: IMMERSION COOLING MARKET SIZE, BY REGION, 2022–2030 (USD MILLION) 121
10.4 SYNTHETIC FLUIDS 121
10.4.1 LOW CORROSION & LOW FLAMMABILITY FUELING DEMAND 121
TABLE 58 SYNTHETIC FLUIDS: IMMERSION COOLING MARKET SIZE, BY REGION, 2017–2021 (USD MILLION) 122
TABLE 59 SYNTHETIC FLUIDS: IMMERSION COOLING MARKET SIZE, BY REGION, 2022–2030 (USD MILLION) 122
10.5 OTHERS 122
TABLE 60 OTHER FLUIDS: IMMERSION COOLING MARKET SIZE, BY REGION, 2017–2021 (USD MILLION) 123
TABLE 61 OTHER FLUIDS: IMMERSION COOLING MARKET SIZE, BY REGION, 2022–2030 (USD MILLION) 123
11 IMMERSION COOLING MARKET, BY REGION 124
11.1 INTRODUCTION 125
FIGURE 35 IMMERSION COOLING MARKET IN CHINA PROJECTED TO WITNESS HIGHEST CAGR FROM 2022 TO 2030 125
TABLE 62 IMMERSION COOLING MARKET SIZE, BY REGION, 2017–2021 (USD MILLION) 126
TABLE 63 IMMERSION COOLING MARKET SIZE, BY REGION, 2022–2030 (USD MILLION) 126
11.2 ASIA PACIFIC 126
FIGURE 36 ASIA PACIFIC: IMMERSION COOLING MARKET SNAPSHOT 127
TABLE 64 ASIA PACIFIC: IMMERSION COOLING MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION) 128
TABLE 65 ASIA PACIFIC: IMMERSION COOLING MARKET SIZE, BY COUNTRY, 2022–2030 (USD MILLION) 128
TABLE 66 ASIA PACIFIC: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 129
TABLE 67 ASIA PACIFIC: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 129
TABLE 68 ASIA PACIFIC: IMMERSION COOLING MARKET SIZE, BY TYPE, 2017–2021 (USD MILLION) 129
TABLE 69 ASIA PACIFIC: IMMERSION COOLING MARKET SIZE, BY TYPE, 2022–2030 (USD MILLION) 130
TABLE 70 ASIA PACIFIC: IMMERSION COOLING MARKET SIZE, BY COOLING FLUID, 2017–2021 (USD MILLION) 130
TABLE 71 ASIA PACIFIC: IMMERSION COOLING MARKET SIZE, BY COOLING FLUID, 2022–2030 (USD MILLION) 130
TABLE 72 ASIA PACIFIC: IMMERSION COOLING MARKET SIZE, BY COMPONENT, 2017–2021 (USD MILLION) 131
TABLE 73 ASIA PACIFIC: IMMERSION COOLING MARKET SIZE, BY COMPONENT, 2022–2030 (USD MILLION) 131
11.2.1 CHINA 131
11.2.1.1 Growing number of data centers to drive demand in China 131
TABLE 74 CHINA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 132
TABLE 75 CHINA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 132
11.2.2 INDIA 132
11.2.2.1 Surging demand from data centers to drive market for immersion cooling 132
TABLE 76 INDIA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 133
TABLE 77 INDIA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 133
11.2.3 JAPAN 133
11.2.3.1 Redesigning of existing data center facilities to drive market 133
TABLE 78 JAPAN: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 134
TABLE 79 JAPAN: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 134
11.2.4 SOUTH KOREA 134
11.2.4.1 Advancements in AI, cryptocurrency mining, and cloud computing expected to drive immersion cooling market 134
TABLE 80 SOUTH KOREA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 135
TABLE 81 SOUTH KOREA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 135
11.2.5 THAILAND 136
11.2.5.1 Expansion of digital hardware infrastructure to offer opportunities in immersion cooling market 136
TABLE 82 THAILAND: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 136
TABLE 83 THAILAND: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 136
11.2.6 MALAYSIA 137
11.2.6.1 Cloud services expected to drive market in Malaysia 137
TABLE 84 MALAYSIA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 137
TABLE 85 MALAYSIA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 137
11.2.7 REST OF ASIA PACIFIC 138
TABLE 86 REST OF ASIA PACIFIC: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 138
TABLE 87 REST OF ASIA PACIFIC: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 138
11.3 EUROPE 139
FIGURE 37 EUROPE: IMMERSION COOLING MARKET SNAPSHOT 140
TABLE 88 EUROPE: IMMERSION COOLING MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION) 141
TABLE 89 EUROPE: IMMERSION COOLING MARKET SIZE, BY COUNTRY, 2022–2030 (USD MILLION) 141
TABLE 90 EUROPE: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 141
TABLE 91 EUROPE: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 142
TABLE 92 EUROPE: IMMERSION COOLING MARKET SIZE, BY TYPE, 2017–2021 (USD MILLION) 142
TABLE 93 EUROPE: IMMERSION COOLING MARKET SIZE, BY TYPE, 2022–2030 (USD MILLION) 142
TABLE 94 EUROPE: IMMERSION COOLING MARKET SIZE, BY COOLING FLUID, 2017–2021 (USD MILLION) 143
TABLE 95 EUROPE: IMMERSION COOLING MARKET SIZE, BY COOLING FLUID, 2022–2030 (USD MILLION) 143
TABLE 96 EUROPE: IMMERSION COOLING MARKET SIZE, BY COMPONENT, 2017–2021 (USD MILLION) 143
TABLE 97 EUROPE: IMMERSION COOLING MARKET SIZE, BY COMPONENT, 2022–2030 (USD MILLION) 144
11.3.1 GERMANY 144
11.3.1.1 Attractive investment climate to drive immersion cooling market 144
TABLE 98 GERMANY: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 144
TABLE 99 GERMANY: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 145
11.3.2 FRANCE 145
11.3.2.1 Country witnessing growing demand for immersion cooling from cloud providers 145
TABLE 100 FRANCE: IMMERSION COOLING MARKET, SIZE BY APPLICATION, 2017–2021 (USD MILLION) 146
TABLE 101 FRANCE: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 146
11.3.3 NETHERLANDS 146
11.3.3.1 Companies using green energy for data centers to fuel adoption of immersion cooling 146
TABLE 102 NETHERLANDS: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 147
TABLE 103 NETHERLANDS: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 147
11.3.4 UK 148
11.3.4.1 New requirements set by European parliament for servers and data centers to drive market 148
TABLE 104 UK: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 148
TABLE 105 UK: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 148
11.3.5 RUSSIA 149
11.3.5.1 Growing demand for computing resources and data storage systems to drive market 149
TABLE 106 RUSSIA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 149
TABLE 107 RUSSIA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 150
11.3.6 SPAIN 150
11.3.6.1 Growth in cloud computing to drive immersion cooling market 150
TABLE 108 SPAIN: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 150
TABLE 109 SPAIN: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 151
11.3.7 REST OF EUROPE 151
TABLE 110 REST OF EUROPE: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 151
TABLE 111 REST OF EUROPE: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 152
11.4 NORTH AMERICA 152
FIGURE 38 NORTH AMERICA: IMMERSION COOLING MARKET SNAPSHOT 153
TABLE 112 NORTH AMERICA: IMMERSION COOLING MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION) 153
TABLE 113 NORTH AMERICA: IMMERSION COOLING MARKET SIZE, BY COUNTRY, 2022–2030 (USD MILLION) 154
TABLE 114 NORTH AMERICA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 154
TABLE 115 NORTH AMERICA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 154
TABLE 116 NORTH AMERICA: IMMERSION COOLING MARKET SIZE, BY TYPE, 2017–2021 (USD MILLION) 155
TABLE 117 NORTH AMERICA: IMMERSION COOLING MARKET SIZE, BY TYPE, 2022–2030 (USD MILLION) 155
TABLE 118 NORTH AMERICA: IMMERSION COOLING MARKET SIZE, BY COOLING FLUID, 2017–2021 (USD MILLION) 155
TABLE 119 NORTH AMERICA: IMMERSION COOLING MARKET SIZE, BY COOLING FLUID, 2022–2030 (USD MILLION) 156
TABLE 120 NORTH AMERICA: IMMERSION COOLING MARKET SIZE, BY COMPONENT, 2017–2021 (USD MILLION) 156
TABLE 121 NORTH AMERICA: IMMERSION COOLING MARKET SIZE, BY COMPONENT, 2022–2030 (USD MILLION) 156
11.4.1 US 156
11.4.1.1 Surging demand from cryptocurrency providers to drive market growth 156
TABLE 122 US: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 157
TABLE 123 US: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 157
11.4.2 CANADA 158
11.4.2.1 Increasing digitalization and huge data generation to drive adoption of immersion cooling solutions 158
TABLE 124 CANADA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 158
TABLE 125 CANADA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 159
11.4.3 MEXICO 159
11.4.3.1 Arrival of cloud, big data, Internet of Things, and automation technologies to drive market 159
TABLE 126 MEXICO: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 159
TABLE 127 MEXICO: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 160
11.5 MIDDLE EAST & AFRICA 160
TABLE 128 MIDDLE EAST & AFRICA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 161
TABLE 129 MIDDLE EAST & AFRICA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 161
TABLE 130 MIDDLE EAST & AFRICA: IMMERSION COOLING MARKET SIZE, BY TYPE, 2017–2021 (USD MILLION) 161
TABLE 131 MIDDLE EAST & AFRICA: IMMERSION COOLING MARKET SIZE, BY TYPE, 2022–2030 (USD MILLION) 162
TABLE 132 MIDDLE EAST & AFRICA: IMMERSION COOLING MARKET SIZE, BY COOLING FLUID, 2017–2021 (USD MILLION) 162
TABLE 133 MIDDLE EAST & AFRICA: IMMERSION COOLING MARKET SIZE, BY COOLING FLUID, 2022–2030 (USD MILLION) 162
TABLE 134 MIDDLE EAST & AFRICA: IMMERSION COOLING MARKET SIZE, BY COMPONENT, 2017–2021 (USD MILLION) 163
TABLE 135 MIDDLE EAST & AFRICA: IMMERSION COOLING MARKET SIZE, BY COMPONENT, 2022–2030 (USD MILLION) 163
11.6 SOUTH AMERICA 163
TABLE 136 SOUTH AMERICA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2017–2021 (USD MILLION) 164
TABLE 137 SOUTH AMERICA: IMMERSION COOLING MARKET SIZE, BY APPLICATION, 2022–2030 (USD MILLION) 164
TABLE 138 SOUTH AMERICA: IMMERSION COOLING MARKET SIZE, BY TYPE, 2017–2021 (USD MILLION) 164
TABLE 139 SOUTH AMERICA: IMMERSION COOLING MARKET SIZE, BY TYPE, 2022–2030 (USD MILLION) 165
TABLE 140 SOUTH AMERICA: IMMERSION COOLING MARKET SIZE, BY COOLING FLUID 2017–2021 (USD MILLION) 165
TABLE 141 SOUTH AMERICA: IMMERSION COOLING MARKET SIZE, BY COOLING FLUID, 2022–2030 (USD MILLION) 165
TABLE 142 SOUTH AMERICA: IMMERSION COOLING MARKET SIZE, BY COMPONENT, 2017–2021 (USD MILLION) 166
TABLE 143 SOUTH AMERICA: IMMERSION COOLING MARKET SIZE, BY COMPONENT, 2022–2030 (USD MILLION) 166
12 COMPETITIVE LANDSCAPE 167
12.1 KEY PLAYERS’ STRATEGIES/RIGHT TO WIN 167
12.1.1 OVERVIEW OF STRATEGIES ADOPTED BY IMMERSION COOLING VENDORS 167
12.2 MARKET RANKING OF KEY PLAYERS 169
FIGURE 39 RANKING OF IMMERSION COOLING PROVIDERS IN 2021 169
12.3 COMPANY EVALUATION QUADRANT 171
12.3.1 STARS 171
12.3.2 PERVASIVE PLAYERS 171
12.3.3 EMERGING LEADERS 171
12.3.4 PARTICIPANTS 171
FIGURE 40 COMPETITIVE LANDSCAPE MAPPING: IMMERSION COOLING MARKET 172
12.4 COMPETITIVE BENCHMARKING 173
12.4.1 PRODUCT FOOTPRINT 173
12.4.2 APPLICATION FOOTPRINT 174
12.4.3 REGIONAL FOOTPRINT 175
12.4.4 PRODUCT OFFERING FOOTPRINT 176
12.5 SME MATRIX, 2021 177
12.5.1 PROGRESSIVE COMPANIES 177
12.5.2 DYNAMIC COMPANIES 177
12.5.3 RESPONSIVE COMPANIES 177
12.5.4 STARTING BLOCKS 177
FIGURE 41 COMPETITIVE LEADERSHIP MAPPING OF EMERGING COMPANIES 178
12.6 COMPETITIVE SCENARIO AND TRENDS 179
12.6.1 PRODUCT LAUNCHES 179
12.6.2 DEALS 181
12.6.3 OTHERS 187
13 COMPANY PROFILES 189
(Business overview, Products offered, Recent Developments, MNM view)*
13.1 KEY COMPANIES 189
13.1.1 GREEN REVOLUTION COOLING INC. 189
TABLE 144 GREEN REVOLUTION COOLING INC.: COMPANY OVERVIEW 189
13.1.2 SUBMER 193
TABLE 145 SUBMER: COMPANY OVERVIEW 193
13.1.3 ASPERITAS 198
TABLE 146 ASPERITAS: COMPANY OVERVIEW 198
13.1.4 LIQUIDSTACK 203
TABLE 147 LIQUIDSTACK: COMPANY OVERVIEW 203
13.1.5 MIDAS GREEN TECHNOLOGIES 206
TABLE 148 MIDAS GREEN TECHNOLOGIES: COMPANY OVERVIEW 206
13.1.6 FUJITSU 209
TABLE 149 FUJITSU: COMPANY OVERVIEW 209
FIGURE 42 FUJITSU LIMITED: COMPANY SNAPSHOT 210
13.1.7 ICEOTOPE TECHNOLOGIES LIMITED 212
TABLE 150 ICEOTOPE TECHNOLOGIES LIMITED: COMPANY OVERVIEW 212
13.1.8 LIQUIDCOOL SOLUTIONS 215
TABLE 151 LIQUIDCOOL SOLUTIONS: COMPANY OVERVIEW 215
13.1.9 DUG TECHNOLOGY 217
TABLE 152 DUG TECHNOLOGY: COMPANY OVERVIEW 217
FIGURE 43 DUG TECHNOLOGY: COMPANY SNAPSHOT 218
13.1.10 DCX – THE LIQUID COOLING COMPANY 220
TABLE 153 DCX – THE LIQUID COOLING COMPANY: COMPANY OVERVIEW 220
13.1.11 EXASCALER INC. 222
TABLE 154 EXASCALER INC.: COMPANY OVERVIEW 222
13.1.12 SIXTYONEC TECHNOLOGY CORPORATION 223
TABLE 155 SIXTYONEC TECHNOLOGY CORPORATION: COMPANY OVERVIEW 223
13.1.13 ENGINEERED FLUIDS 224
TABLE 156 ENGINEERED FLUIDS: COMPANY OVERVIEW 224
13.1.14 TEIMMERS 225
TABLE 157 TEIMMERS: COMPANY OVERVIEW 225
13.1.15 TMGCORE, INC. 226
TABLE 158 TMGCORE, INC.: COMPANY OVERVIEW 226
13.1.16 GIGA-BYTE TECHNOLOGY CO., LTD. 228
TABLE 159 GIGA-BYTE TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 228
FIGURE 44 GIGA-BYTE TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT 228
13.1.17 WIWYNN 230
TABLE 160 WIWYNN: COMPANY OVERVIEW 230
FIGURE 45 WIWYNN: COMPANY SNAPSHOT 230
13.1.18 HYPERTEC 231
TABLE 161 HYPERTEC: COMPANY OVERVIEW 231
13.1.19 TAS 232
TABLE 162 TAS: COMPANY OVERVIEW 232
13.1.20 DELTA POWER SOLUTIONS 233
TABLE 163 DELTA POWER SOLUTIONS: COMPANY OVERVIEW 233
FIGURE 46 DELTA POWER SOLUTIONS: COMPANY SNAPSHOT 233
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
14 APPENDIX 235
14.1 DISCUSSION GUIDE 235
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 238
14.3 CUSTOMIZATION OPTIONS 240
14.4 RELATED REPORTS 240
14.5 AUTHOR DETAILS 241
