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Global Immersion Cooling Markets, 2021-2022 & 2027 – Increased Adoption of Blockchain Technologies and Rising Demand for Crypto Mining Present Opportunities

DUBLIN, June 21, 2022 /PRNewswire/ — The report “Immersion Cooling Market – A Global and Regional Analysis: Focus on Application, Product and Country Analysis – Analysis and Forecast, 2022-2027” has been added to from ResearchAndMarkets.com offer.

The global immersion cooling market has been estimated 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 of the global immersion cooling market is expected to be driven by increased water scarcity and increasing number of colocation centers and hyper data centers.

Market life cycle stage

The immersion cooling market is growing. Cooling is an integral part of data center operations, as servers and network devices are constantly running 24/7, increasing the core temperature, which, if left unchecked, can lead to a data center outage.

Reducing water scarcity, climate actions, sustainable urban infrastructure, recycling and reuse are some of the SDGs that are expected to drive innovations and improvements towards the adoption of liquid cooling technologies. Therefore, the increasing number of data centers leads to an increase in the use of immersion cooling techniques.

Immersion cooling has a strong impact on thermal management techniques with the use of dielectric heat transfer fluids potentially usable in high-density data centers. This dielectric liquid allows CPU and GPU clusters to be deployed much closer collectively, i.e. in high-density configurations, while protecting crucial elements from thermal and environmental hazards.

Immersion cooling bridges the gap between traditional and future data centers. This not only improves the efficiency of the data infrastructure system, but also significantly reduces the amount of power consumed. This translates into lower energy bills and lower carbon footprints.

Impact of COVID-19

Due to the COVID-19 pandemic, revenue declined slightly in 2020 and may gradually resume an upward trend from 2021. Therefore, immersion cooling companies have adopted strategies to emerge positively from this crisis , and hence, the global immersion cooling market is expected to rebound more vigorously in the future. This is due to a 34% increase in data usage compared to the pre-pandemic period.

Market segmentation

Single phase immersion cooling is estimated to experience 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.

North America generated the highest turnover of $92.0 million in 2021. The region is seeing an immense increase in operational applications of immersion cooling such as data centers and edge computing systems. Therefore, the technology is challenged by other alternatives in the cooling segment. Asia Pacific the region is expected to grow at a faster rate.

How this report can add value

Growth/Marketing Strategy: The Global Immersion Cooling Market has witnessed major development by the major players operating in the market such as business expansion, partnership, collaboration and joint venture. The preferred strategy for companies has been partnerships, collaborations, mergers, acquisitions and joint ventures to strengthen their positions in the immersion cooling market.

For example, in August 2021Lubrizol and Submer have partnered to offer holistic and customized immersion cooling solutions for the expanding data center infrastructure market.

Recent developments in the global immersion cooling market

  • In January 2022, Green Revolution Cooling has worked with Intel to reduce the environmental impact of digital infrastructure. This will lead customers to develop and implement advanced immersion cooling techniques in future data centers.
  • In March 2021, Submer and SYNNEX Corporation have joined forces. Under the agreement, Submer’s line of liquid cooling and edge-ready solutions will be manufactured in the United States and distributed by SYNNEX.
  • In September 2018Fujitsu has launched a liquid immersion cooling system that will help reduce total cost of ownership.
  • In March 2021LiquidStack, launched in stealth mode with new deployments in vital sectors such as high performance computing (HPC), cloud services, artificial intelligence (AI), edge and telecommunications, and funded by strategic partner Wiwynn in under a Series A funding round.

Main topics covered:

1 Market
1.1 Industry Outlook
1.1.1 Market definition
1.1.2 Case study
1.1.2.1 Presentation
1.1.2.2 Cost Comparison of Various Cooling Technologies
1.1.2.3 Immersion cooling may be a better alternative method
1.1.3 Key Startups in Global Immersion Cooling Market
1.1.4 Impact of COVID-19 on the Global Immersion Cooling Market
1.2 Commercial dynamics
1.2.1 Commercial factors
1.2.1.1 Growing need for sustainable cooling solutions
1.2.1.1.1 Increase government initiatives for carbon neutral and energy efficient data centers
1.2.1.1.2 Need to limit water use due to increasing water scarcity
1.2.1.1.3 Growing number of green and smart city projects
1.2.1.2 Reduction of operational costs
1.2.1.2.1 Extends the life of equipment and materials
1.2.1.2.2 Resource saving technology
1.2.1.2.3 Reduction of floor space required for data centers
1.2.2 Business challenges
1.2.2.1 Existing alternative technologies on the market
1.2.2.2 Additional costs in the event of system failures and fluid leaks
1.2.2.2.1 Liquid leaks increase costs
1.2.2.2.2 Immersion cooling systems are susceptible to failure
1.2.2.2.3 Equipment and materials must be pre-designed and modified
1.2.2.3 Lack of standardization
1.2.3 Business strategies
1.2.3.1 Product development and innovation
1.2.3.2 Business expansion
1.2.4 Business Strategies
1.2.4.1 Mergers and acquisitions
1.2.4.2 Partnerships, collaborations and joint ventures
1.2.4.3 Others
1.2.5 Business opportunities
1.2.5.1 Modernization opportunities
1.2.5.1.1 Increase the efficiency of existing data centers
1.2.5.1.2 Conversion of old buildings into data centers
1.2.5.2 Increase in demand for data centers
1.2.5.2.1 Need for edge, colocation and large-scale data center
1.2.5.2.2 Growth in the penetration rate of Internet and cloud services
1.2.5.2.3 Increasing Rack Density
1.2.5.3 Increased Adoption of Blockchain Technologies and Growing Demand for Crypto Mining

2 Application
2.1 Global Immersion Cooling Market – By Application
2.1.1 Blockchain
2.1.2 High Performance Computing
2.1.3 Data Center
2.1.3.1 Hyperscale Center
2.1.3.2 Company
2.1.3.3 Colocation Data Center
2.1.3.4 Others
2.2 Global Immersion Cooling Market Demand Analysis (by Application)

3 Product
3.1 Global Immersion Cooling Market – By Technology
3.1.1 Single-phase immersion cooling system
3.1.2 Two-phase immersion cooling system
3.2 Global Immersion Cooling Market Demand Analysis (by Technology)
3.3 Patent Analysis
3.3.1 Patent Analysis (by Patent Purpose)
3.3.2 Patent Analysis (by Patent Office)
3.3.3 Patent Analysis (by Organization)
3.3.4 Patent Analysis – Single Phase Immersion Cooling (by Organizations)
3.3.5 Patent Analysis – 2-Stage Immersion Cooling (by Organizations)

4 Region
4.1 Global Immersion Cooling Prospects
4.1.1 Global Data Centers
4.1.2 Global Cryptocurrency Mining

5 List of key companies

6 Research methodology
6.1 Data sources
6.1.1 Primary data sources
6.1.2 Secondary data sources
6.1.3 Data triangulation
6.2 Market Estimate and Forecast
6.2.1 Data prediction and modeling factors

For more information about this report visit https://www.researchandmarkets.com/r/w79d10

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