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The Immersion Cooling Market in Data Centers is expected to reach USD 0.63 billion in 2023 and grow at a CAGR of 24.42% to reach USD 1.88 billion by 2028. Fujitsu Limited, Green Revolution Cooling Inc., Submer Technologies SL, Liquid Stack Inc., Asperitas Company are the major companies.
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#Global Single-Phase Immersion Cooling System Market Size#Share#Trends#Growth#Industry Analysis By Type(Less than 100 KW#100-200 KW#Great than 200 KW)#By Application( Data Center#High Performance Computing#Edge Application#Others)#Key Players#Revenue#Future Development & Forecast 2023-2032
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Immersion Cooling Market Shares, Strategy, and Forecasts, Worldwide Report 2030
The global immersion cooling market was valued at approximately USD 197.0 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 22.6% from 2023 to 2030. The primary factor driving this growth is the increasing demand for cost-effective and energy-efficient cooling solutions, particularly from data centers. These facilities are seeking ways to optimize their operations, and immersion cooling offers a promising solution. However, the industry's growth faced a temporary slowdown due to the strict lockdowns imposed by governments worldwide in response to the COVID-19 pandemic in 2020. These lockdowns disrupted operations in various sectors, including data centers, where key activities like server relocation, building closures, and new site construction were delayed or halted. Despite these challenges, data centers saw an increase in demand during the pandemic, largely driven by the shift to remote work and the growing prevalence of e-commerce.
In the United States, the immersion cooling market is experiencing a transformation, particularly as a result of the COVID-19 pandemic. Companies involved in immersion cooling have expanded their capacities to meet the growing demand from data centers. The pandemic accelerated the spread of e-commerce across various sectors, bringing new enterprises, customers, and product categories into the fold. Additionally, the increasing demand for Internet of Things (IoT) capabilities and the expansion of cloud computing infrastructure in the U.S. are expected to fuel demand for data centers, particularly large-scale, or hyperscale, data centers.
The market is characterized by a mix of global and regional players, offering a variety of proprietary immersion cooling solutions. Many manufacturers adapt off-the-shelf Information Technology Equipment (ITE) to be compatible with their specific immersion cooling technologies. Additionally, these manufacturers often provide customized solutions tailored to the specific needs of their clients.
Gather more insights about the market drivers, restrains and growth of the Immersion Cooling Market
Product Segmentation Insights:
The single-phase immersion cooling system dominated the market in 2022, accounting for 70.7% of the global revenue share. This dominance can be attributed to several factors, including the relatively low cost of tanks and coolant, the high dielectric strength, minimal environmental impact, high heat capacity of the coolant, and high biodegradability associated with single-phase systems. In a single-phase immersion cooling system, electrical components, subsystems, and devices are fully submerged in a dielectric heat transfer fluid that remains in a liquid state throughout the cooling process. This method is known for being cost-effective, efficient, and straightforward to implement.
On the other hand, demand for two-phase immersion cooling systems is expected to grow at a CAGR of 23.0% over the forecast period. This growth is driven by the system's improved reliability, high energy efficiency, deployment flexibility, and reduced maintenance requirements. Two-phase systems are particularly well-suited for hyperscale data centers due to their power use effectiveness (PUE) of 1.01, which is 5% lower than that of single-phase systems.
However, two-phase systems come with certain challenges. As the coolant transitions to a gaseous phase during the cooling process, the system requires significant pressure, leading to the need for more complex designs with enhanced safety features. This increases both the operational and maintenance costs. Furthermore, the fluorinated fluids used in two-phase systems are more expensive than the coolants used in single-phase systems, and replacing these fluids due to losses further adds to the cost.
Order a free sample PDF of the Immersion Cooling Market Intelligence Study, published by Grand View Research.
#Immersion Cooling Industry#Immersion Cooling Market Research#Immersion Cooling Market Overview#Immersion Cooling Market Size
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Immersion Cooling Market set to Witness Rapid Growth by 2030
The global immersion cooling market was valued at approximately USD 197.0 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 22.6% from 2023 to 2030. The primary factor driving this growth is the increasing demand for cost-effective and energy-efficient cooling solutions, particularly from data centers. These facilities are seeking ways to optimize their operations, and immersion cooling offers a promising solution. However, the industry's growth faced a temporary slowdown due to the strict lockdowns imposed by governments worldwide in response to the COVID-19 pandemic in 2020. These lockdowns disrupted operations in various sectors, including data centers, where key activities like server relocation, building closures, and new site construction were delayed or halted. Despite these challenges, data centers saw an increase in demand during the pandemic, largely driven by the shift to remote work and the growing prevalence of e-commerce.
In the United States, the immersion cooling market is experiencing a transformation, particularly as a result of the COVID-19 pandemic. Companies involved in immersion cooling have expanded their capacities to meet the growing demand from data centers. The pandemic accelerated the spread of e-commerce across various sectors, bringing new enterprises, customers, and product categories into the fold. Additionally, the increasing demand for Internet of Things (IoT) capabilities and the expansion of cloud computing infrastructure in the U.S. are expected to fuel demand for data centers, particularly large-scale, or hyperscale, data centers.
The market is characterized by a mix of global and regional players, offering a variety of proprietary immersion cooling solutions. Many manufacturers adapt off-the-shelf Information Technology Equipment (ITE) to be compatible with their specific immersion cooling technologies. Additionally, these manufacturers often provide customized solutions tailored to the specific needs of their clients.
Gather more insights about the market drivers, restrains and growth of the Immersion Cooling Market
Product Segmentation Insights:
The single-phase immersion cooling system dominated the market in 2022, accounting for 70.7% of the global revenue share. This dominance can be attributed to several factors, including the relatively low cost of tanks and coolant, the high dielectric strength, minimal environmental impact, high heat capacity of the coolant, and high biodegradability associated with single-phase systems. In a single-phase immersion cooling system, electrical components, subsystems, and devices are fully submerged in a dielectric heat transfer fluid that remains in a liquid state throughout the cooling process. This method is known for being cost-effective, efficient, and straightforward to implement.
On the other hand, demand for two-phase immersion cooling systems is expected to grow at a CAGR of 23.0% over the forecast period. This growth is driven by the system's improved reliability, high energy efficiency, deployment flexibility, and reduced maintenance requirements. Two-phase systems are particularly well-suited for hyperscale data centers due to their power use effectiveness (PUE) of 1.01, which is 5% lower than that of single-phase systems.
However, two-phase systems come with certain challenges. As the coolant transitions to a gaseous phase during the cooling process, the system requires significant pressure, leading to the need for more complex designs with enhanced safety features. This increases both the operational and maintenance costs. Furthermore, the fluorinated fluids used in two-phase systems are more expensive than the coolants used in single-phase systems, and replacing these fluids due to losses further adds to the cost.
Order a free sample PDF of the Immersion Cooling Market Intelligence Study, published by Grand View Research.
#Immersion Cooling Industry#Immersion Cooling Market Research#Immersion Cooling Market Overview#Immersion Cooling Market Size
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Data Center Cooling Market Share, Size, Analysis, Growth, Industry Statistics and Forecast 2034
The Data Center Cooling Market is experiencing significant growth, driven by the increasing demand for energy-efficient cooling solutions in data centers. As the digital world continues to expand, the demand for more data storage and processing power has led to the construction of large-scale data centers worldwide. These facilities require efficient cooling systems to maintain optimal performance and prevent overheating of critical equipment.
The size of the worldwide data center cooling market was estimated at USD 15,541.8 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 15.0% from 2023 to 2033 to reach USD 32,308.7 million. The technologies and solutions used to keep data centers at the ideal temperature and humidity levels are referred to as data center cooling in the industry. Preventing IT equipment overheating and preserving a steady and effective operating environment for servers and other gear are the two main objectives of data center cooling.
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Data Center Cooling Market Drivers
Rising Adoption of Cloud Computing: The growing shift toward cloud-based services has increased the number of data centers, boosting the demand for efficient cooling solutions.
Big Data and IoT: The proliferation of big data, the Internet of Things (IoT), and AI-driven applications are contributing to an increased need for high-density data centers that require advanced cooling systems.
Energy Efficiency Mandates: Governments and regulatory bodies are pushing for energy-efficient data centers due to concerns about high power consumption and carbon emissions.
Key Technologies in Data Center Cooling
Liquid Cooling: This method involves the use of liquids to absorb and dissipate heat. Liquid cooling is more energy-efficient than traditional air cooling and is gaining traction, particularly in high-performance computing environments.
Air-based Cooling: Despite the growing interest in liquid cooling, traditional air-based cooling systems such as CRAC (Computer Room Air Conditioning) and CRAH (Computer Room Air Handler) units remain popular due to their established infrastructure and ease of implementation.
Chiller-less Data Center Cooling: This method eliminates the need for chillers, providing a more eco-friendly cooling solution by leveraging free cooling (cooling using outside air).
Data Center Cooling Market Challenges
High Energy Consumption: Data centers are notorious for consuming vast amounts of energy, and cooling systems contribute significantly to this. Finding solutions that reduce energy consumption without sacrificing cooling efficiency remains a challenge.
Environmental Concerns: As global data centers expand, the environmental impact of their energy use is under scrutiny. Cooling systems that reduce carbon footprints are in high demand.
Initial Setup Costs: Advanced cooling systems, especially liquid cooling technologies, come with higher initial costs. This may be a deterrent for smaller data centers or those in regions with less financial flexibility.
Trends Shaping the Market
Sustainability and Green Data Centers: Companies are increasingly prioritizing sustainable data center practices, including the adoption of renewable energy sources and eco-friendly cooling solutions like liquid immersion cooling.
AI-Driven Cooling Systems: AI and machine learning are being integrated into cooling systems to optimize performance by predicting temperature changes and adjusting cooling requirements in real-time, improving efficiency and reducing operational costs.
Edge Data Centers: The rise of edge computing, where data is processed closer to the user rather than in centralized data centers, is creating demand for cooling systems designed for smaller, decentralized facilities.
Key companies profiled in this research study are,
• Schneider Electric SE
• Vertiv Co.
• Stulz GmbH
• Rittal GmbH & Co. KG
• Airedale International Air Conditioning Ltd
• Mitsubishi Electric Corporation
• Asetek A/S
• Submer Technologies SL
• Black Box Corporation
• Climaveneta S.p.A.
• Delta Electronics, Inc.
• Huawei Technologies Co., Ltd.
• Fujitsu Limited
• Hitachi, Ltd.
• Nortek Air Solutions, LLC
Data Center Cooling Market Segmentation,
By Component:
• Solution
• Services
By Industry Vertical:
• BFSI
• Manufacturing
• IT & Telecom
• Media & Entertainment
• Government & Defense
• Healthcare
• Energy
• Others
Regional Analysis of the Data Center Cooling Market
North America Market Overview:
North America dominates the data center cooling market, accounting for the largest market share. This region is home to numerous hyperscale data centers and cloud service providers such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud. The U.S. is the largest contributor in this region due to its high data center density.
Europe Market Overview:
Europe is another significant market for data center cooling, driven by stringent government regulations related to energy efficiency and sustainability. Countries such as Germany, the U.K., and the Netherlands have a high concentration of data centers.
Asia-Pacific Market Overview:
Asia-Pacific is experiencing the fastest growth in the data center cooling market, driven by the expansion of cloud computing, the growing digital economy, and the rising number of internet users. Countries such as China, India, Japan, and Singapore are witnessing a surge in data center construction.
Conclusion
Each region in the data center cooling market is influenced by unique factors, such as the level of digital transformation, government regulations, and climate conditions. While North America and Europe are leaders in adopting energy-efficient cooling technologies, Asia-Pacific is emerging as the fastest-growing market due to rapid digitalization and data center construction. The Middle East & Africa, with its challenging climatic conditions, and Latin America, with its growing IT infrastructure, present significant opportunities for the adoption of innovative and sustainable cooling solutions.
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Data Center Liquid Immersion Cooling Market Growth: Anticipating a CAGR of 26.6% Through 2030
Data Center Liquid Immersion Cooling Market was valued at USD 640.94 Million in 2023 and is expected to reach USD 3340.83 Million by 2030, exhibiting a CAGR of 26.6 % during the forecast period (2024-2030)
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Immersion Cooling Market Key Companies, Growth and Forecast Report, 2030
The global immersion cooling market size was estimated at USD 197.0 million in 2022 and is anticipated to grow at a compounded annual growth rate (CAGR) of 22.6% from 2023 to 2030.
The increasing demand for cost-efficient and energy-efficient cooling solutions from data centers is expected to drive growth.Strict lockdowns enforced by global governments in the wake of the COVID-19 pandemic in 2020 hampered industry expansion. The lockdowns also impacted data centers, wherein data center consolidation was put on hold. Moving servers, closing buildings, and constructing a new location were all more difficult in the COVID-19 universe. Data centers showed growth in demand, owing mostly to the global workforce working from home and an increase in e-commerce.
The immersion cooling market in the U.S. is undergoing a shift owing to the COVID-19 pandemic as players in this space undertook capacity expansion to meet the increasing demand for the product from data centers. The COVID-19 crisis spurred the spread of e-commerce to new enterprises, customers, and product categories. Furthermore, the rising need for IoT capabilities and cloud computing infrastructure in the U.S. is likely to fuel demand for data centers, particularly hyper-scale data centers.
Gather more insights about the market drivers, restrains and growth of the Immersion Cooling Market
Immersion Cooling Market Report Highlights
• Artificial intelligence is expected to grow at a CAGR of 26.3% from 2023 to 2030. Development and mass deployment of deep learning by Facebook, Microsoft, Google Amazon, and others are expected to boost market demand
• The demand for fluorocarbon-based fluids is anticipated to witness growth at a CAGR of 24.4%, owing to its high chemical & thermal stability, high dielectric strength, and relatively high vapor pressure aid the easy adoption for maintaining temperatures of equipment
• North America accounted for 35.8% of the global revenue share in 2022 owing to the presence of large-scale data centers, 5G network adoption, intelligent building, and building automation vendors in the region
• In January 2022, Intel has collaborated with Green Revolution Cooling (GRC) to develop and execute improved systems for future data centers in collaboration with data center clients
• Companies that provide immersion cooling are working on growing their global business footprints. For example, Submer announced a relationship with SYNNEX Corporation in March 2021 to increase its presence in the U.S.
Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.
• The global spherical silicon carbide market size was estimated at USD 3.68 billion in 2023 and is projected to grow at a CAGR of 11.0% from 2024 to 2030.
• The global railing market size was estimated at USD 51.52 billion in 2023 and is expected to grow at a CAGR of 5.0% from 2024 to 2030.
Immersion Cooling Market Segmentation
Grand View Research has segmented the global immersion cooling market based on product, application, cooling liquid, and region:
Immersion Cooling Product Outlook (Revenue, USD Million; 2018 - 2030)
• Single-Phase
• Two-Phase
Immersion Cooling Application Outlook (Revenue, USD Million; 2018 - 2030)
• High-performance Computing
• Edge Computing
• Cryptocurrency Mining
• Artificial Intelligence
• Others
Immersion Cooling Cooling Liquid Outlook (Revenue, USD Million; 2018 - 2030)
• Mineral Oil
• Fluorocarbon-based Fluids
• Deionized Water
• Others
Immersion Cooling Regional Outlook (Revenue, USD Million; 2018 - 2030)
• North America
o U.S.
o Canada
• Europe
o Germany
o Italy
o France
o UK
o Netherlands
o Russia
• Asia Pacific
o China
o India
o Japan
o Australia
• Central & South America
o Brazil
o Argentina
• Middle East & Africa
o Saudi Arabia
o South Africa
Order a free sample PDF of the Immersion Cooling Market Intelligence Study, published by Grand View Research.
#Immersion Cooling Market#Immersion Cooling Market size#Immersion Cooling Market share#Immersion Cooling Market analysis#Immersion Cooling Industry
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Data Center Liquid Cooling Market worth $21.3 billion by 2030
The report "Data Center Liquid Cooling Market by Component (Solution and Services), End User (Cloud Providers, Colocation Providers, Enterprises, and Hyperscale Data Centers), Data Center Type, Type of Cooling, Enterprise, and Region - Global Forecast to 2030", is projected to grow from USD 4.9 billion in 2024 to USD 21.3 billion by 2030, at a CAGR of 27.6% during the forecast period. The data center liquid cooling market has been increasing as a result of greater data center densities, as well as the need for energy efficiency and cost savings, improvements in cooling technology, and strict regulatory standards. Furthermore, a need for high-performance computer systems and state subsidies for energy-saving technologies also facilitate the adoption process.
Download pdf- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=84374345
By component, the services segment is estimated to be the fastest-growing data center liquid cooling segment from 2024 to 2030.
From 2024 to 2030, it is anticipated that the services part of the data center liquid cooling market will be the quickest expanding sector. Service providers for data center liquid cooling offer system integration services that incorporate liquid cooling technology into the IT infrastructure of the data center. By helping data center operators to install and maintain effective liquid cooling solutions, service segments guarantee the dependability, efficacy, and efficiency of the cooling structure within the data center setting.
By data center type, the small and mid-sized data center segment is estimated to be the fastest-growing segment of the data center liquid cooling market from 2024 to 2030.
By size segment of the data center liquid cooling market, small and mid-sized data center is projected to be the fastest-growing segment from 2024 to 2030. Small and midsize data centers deploy more complex IT hardware such as high-performance servers, storage systems, and networking devices; they also increase power density. Larger heat loads produced by these systems may make it hard for conventional air-cooling techniques to cope up with. An efficient way of managing increasing needs for heat dissipation may be done using liquid cooling that ensures high performance and reliability of equipment.
By end user, the hyperscale data center segment is estimated to be the fastest-growing segment of the data center liquid cooling market from 2024 to 2030.
By end-user segment, leading user influenced data center liquid cooling systems market specifically hyperscale data centers are expected to be the fastest growing segment from 2024 up to 2030. A lot of servers and IT devices occupy a relatively small space in a hyperscale data center. It falls within this compact architecture that great amounts of heat are generated and need to be dissipated properly. Compared with traditional air-cooling methods, liquid cooling offers better heat dissipation capabilities. Liquid cooling systems work more effectively by coming into direct contact with heated elements thereby absorbing their energy in order to maintain optimal operational temperatures as well as preventing thermal bottlenecks.
By enterprise, the BFSI segment is estimated to be the fastest-growing data center liquid cooling segment from 2024 to 2030.
The BFSI segment of the data center liquid cooling market is anticipated to see the highest growth from 2024 to 2030. BFSI sector employs intricate financial algorithms and data-driven applications that require great processing capabilities. Therefore, highly scalable servers, storage devices, as well as networking gear are employed generating immense heat. Liquid cooling is gaining ground in order for these operations that consume a lot of computing power to effectively manage their heat removal needs and ensure maximum performance while avoiding temperature-related issues.
By type of cooling, the immersion liquid cooling segment is estimated to be the fastest-growing data center liquid cooling segment from 2024 to 2030.
Immersion Liquid Cooling is expected to be the fastest-growing segment in the data center liquid cooling market according to the types of cooling. Immersion liquid cooling is comparatively more energy efficient than air cooling methods. A dielectric liquid can be used to instantly submerge IT equipment thus expediting heat transfer away from them and evading air conditioning systems and fans which consume a lot of energy. Consequently, this results in greater savings on electricity costs for the data center, less power usage as well as lower operating expenditures.
Asia Pacific is estimated to be the fastest-growing region in the data center liquid cooling market during the forecast period.
The data center liquid cooling market is expected to grow fastest in Asia Pacific during the forecast period. In the region, there is an increasing trend of data center investments as a result of several factors including rapid uptake of cloud computing, increasing amount of data-sensitive businesses and speedy digital transformation. The raising importance laced with data centers has made effective cooling techniques such as liquid cooling technologies become necessary. The data center liquid cooling market in Asia Pacific will experience growth driven by efficient cooling solutions aimed at improving Power Usage Effectiveness (PUE).
Rittal GmbH & Co. KG (Germany), Vertiv Group Corp. (US), Green Revolution Cooling Inc. (GRC) (US), Submer (Spain), Schneider Electric (France), Liquid Stack Holding B.V(US), Iceotope Precision Liquid Cooling (UK), COOLIT SYSTEMS (Canada), DUG Technology (Australia), DCX Liquid Cooling Systems (Poland), Delta Power Solutions (Taiwan), Wiwynn (Taiwan), LiquidCool Solutions, Inc. (US), Midas Immersion Cooling (US), BOYD (US), Kaori Heat Treatment Co,. Ltd (Taiwan), Chilldyne, Inc. (US), Asperitas (Netherlands), and STULZ GMBH (Germany) are the key players in data center liquid cooling market.
#DataCenterCooling#LiquidCooling#DataCenterSolutions#GreenDataCenters#SustainableCooling#EnergyEfficiency#DataCenterTechnology#CoolingSolutions#DataCenterTrends#CloudInfrastructure#DataCenterInnovation#CoolingTechnology#DataCenterEfficiency#FutureOfDataCenters#ITInfrastructure#ServerCooling#DataCenterOptimization#DataCenterManagement#HighPerformanceComputing#EcoFriendlyCooling
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Immersion Liquid Cooling Energy Storage System Market Insights and Forecasting Trends Review 2024 - 2032
The Immersion Liquid Cooling Energy Storage System market is gaining traction as industries and consumers alike seek innovative solutions to enhance energy efficiency and manage thermal regulation. This article explores the key components, trends, challenges, and future prospects of this burgeoning market.
The Immersion Liquid Cooling Energy Storage System market presents exciting opportunities for innovation and growth. As industries continue to prioritize energy efficiency and sustainability.
Understanding Immersion Liquid Cooling
What is Immersion Liquid Cooling?
Immersion liquid cooling is a method used to cool electronic components by submerging them in a thermally conductive liquid. Unlike traditional air cooling methods, which rely on airflow to dissipate heat, immersion cooling allows for direct contact with the cooling medium, significantly improving thermal management.
Benefits of Immersion Liquid Cooling
Enhanced Efficiency: This method can effectively manage higher heat loads, making it ideal for high-performance computing environments.
Space Savings: Immersion cooling systems typically occupy less physical space than traditional cooling systems.
Environmental Benefits: Immersion cooling can reduce energy consumption, as it often operates at lower temperatures, leading to less reliance on energy-intensive air conditioning.
Market Overview
Current Market Landscape
The Immersion Liquid Cooling Energy Storage System market is currently experiencing significant growth due to the increasing demand for energy-efficient solutions in data centers, renewable energy systems, and electric vehicle charging infrastructure.
Key Market Drivers
Growing Data Center Needs: The rise in cloud computing and big data analytics has led to increased heat generation in data centers, prompting the need for efficient cooling solutions.
Renewable Energy Adoption: With the surge in renewable energy installations, efficient energy storage systems, including immersion cooling, are essential to managing energy supply and demand.
Electric Vehicle Growth: As electric vehicle adoption increases, efficient battery cooling systems become vital for enhancing performance and longevity.
Market Segmentation
By Technology
Direct Immersion Cooling: Directly immerses components in liquid.
Indirect Immersion Cooling: Uses a heat exchanger to transfer heat from the liquid to the cooling medium.
By End-User
Data Centers
Renewable Energy Systems
Electric Vehicles
Industrial Applications
By Geography
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Challenges Facing the Market
High Initial Costs
One of the primary barriers to adoption is the significant upfront investment required for immersion cooling systems compared to traditional methods.
Limited Awareness
Many organizations remain unaware of the benefits of immersion cooling, leading to slow adoption rates.
Regulatory Hurdles
Certain regions have strict regulations regarding the use of specific cooling liquids, which can limit market growth.
Future Outlook
Emerging Trends
Integration with AI and IoT: The future of immersion cooling systems will likely involve integration with artificial intelligence and Internet of Things technologies for optimized performance and predictive maintenance.
Sustainability Focus: As companies increasingly commit to sustainability, eco-friendly cooling liquids and systems will gain popularity.
Market Projections
The Immersion Liquid Cooling Energy Storage System market is expected to grow substantially over the next five years, driven by advancements in technology and increasing awareness of the benefits associated with immersion cooling.
Conclusion
The Immersion Liquid Cooling Energy Storage System market presents exciting opportunities for innovation and growth. As industries continue to prioritize energy efficiency and sustainability, immersion cooling is poised to play a pivotal role in the future of energy storage and thermal management solutions. Stakeholders must remain aware of evolving trends, regulatory changes, and technological advancements to capitalize on this dynamic market landscape.
#Immersion Liquid Cooling Energy Storage System Market Size#Immersion Liquid Cooling Energy Storage System Market Trend#Immersion Liquid Cooling Energy Storage System Market Growth
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Immersion Cooling 2023 Industry Size, Status, Analysis and Forecast 2030
Immersion Cooling Industry Overview
The global immersion cooling market size was estimated at USD 197.0 million in 2022 and is anticipated to grow at a compounded annual growth rate (CAGR) of 22.6% from 2023 to 2030.
The increasing demand for cost-efficient and energy-efficient cooling solutions from data centers is expected to drive growth. Strict lockdowns enforced by global governments in the wake of the COVID-19 pandemic in 2020 hampered industry expansion. The lockdowns also impacted data centers, wherein data center consolidation was put on hold. Moving servers, closing buildings, and constructing a new location were all more difficult in the COVID-19 universe. Data centers showed growth in demand, owing mostly to the global workforce working from home and an increase in e-commerce.
Gather more insights about the market drivers, restrains and growth of the Immersion Cooling Market
The immersion cooling market in the U.S. is undergoing a shift owing to the COVID-19 pandemic as players in this space undertook capacity expansion to meet the increasing demand for the product from data centers. The COVID-19 crisis spurred the spread of e-commerce to new enterprises, customers, and product categories. Furthermore, the rising need for IoT capabilities and cloud computing infrastructure in the U.S. is likely to fuel demand for data centers, particularly hyper-scale data centers.
The market exhibits the presence of several global as well as regional players. Several proprietary immersion cooling solutions are available in the industry and various manufacturers retrofit off-the-shelf Information Technology Equipment (ITE) to make it compatible with their technology. In addition, manufacturers offer customized solutions to their clients as per requirements.
The increasing demand for IoT functionality and cloud computing infrastructure is expected to drive the demand for data centers, especially hyper-scale data centers. Hyperscale data centers enable digital platforms to store and transfer data efficiently. As compared to modern data centers, hyper-scale facilities have high-volume traffic as well as the capability to handle heavy computing workloads.
Although systems are very efficient in removing heat from IT equipment, the capital costs associated with additional components and hardware modification are high, which can act as a challenge to the overall industry growth. In addition, servicing of systems is expected to present new challenges for Managed Service Providers (MSPs) and data center service partners.
Immersion Cooling Market Segmentation
Grand View Research has segmented the global immersion cooling market report on the basis of product, application, cooling liquid, and region:
Product Outlook (Revenue, USD Million; 2018 - 2030)
Single-Phase
Two-Phase
Application Outlook (Revenue, USD Million; 2018 - 2030)
High-performance Computing
Edge Computing
Cryptocurrency Mining
Artificial Intelligence
Others
Cooling Liquid Outlook (Revenue, USD Million; 2018 - 2030)
Mineral Oil
Fluorocarbon-based Fluids
Deionized Water
Others
Regional Outlook (Revenue, USD Million; 2018 - 2030)
North America
US
Canada
Europe
Germany
Italy
France
UK
Netherlands
Russia
Asia Pacific
China
India
Japan
Australia
Central & South America
Brazil
Argentina
Middle East & Africa
Saudi Arabia
South Africa
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The global power quality measurement equipment market size was estimated at USD 35.6 billion in 2023 and is projected to grow at a CAGR of 3.5% from 2024 to 2030.
The global automotive steel wheels market size was estimated at USD 14.94 billion in 2023 and is forecasted to grow at a CAGR of 2.5% from 2024 to 2030.
Key Companies & Market Share Insights
The immersion cooling market is highly competitive with major companies striving for industry leadership. Key players emphasize integration across the value chain to strengthen their market positions. Strategies employed by companies include collaborations, partnerships, and new product development to enhance their industry positions. Companies such as Green Revolution Cooling and Asperitas have partnered to create awareness about systems in the industry space.
Strategies help the companies in enhancing their industry share and providing to the changing technological demand of various end-use industries such as data centers and IT companies. For instance, in March 2021, Liquid Stack collaborated with Wiwyn to advance the IT infrastructure designed for 2-phase immersion cooling. Some prominent players in the global immersion cooling market include:
Fujitsu Limited
Dug Technology
Green Revolution Cooling Inc.
Submer
Liquid Stack
Midas Green Technologies
Asperitas
DCX- The Liquid Cooling Company
LiquidCool Solutions
ExaScaler Inc.
Order a free sample PDF of the Immersion Cooling Market Intelligence Study, published by Grand View Research.
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South Africa Immersion Cooling Market Insight, Outlook, Forecast 2023-2030
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated South Africa Immersion Cooling Market size by value at USD 6.1 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects South Africa Immersion Cooling Market size to expand at a CAGR of 14.8% reaching a value of USD 14 million by 2030. The Immersion Cooling Market in South Africa is propelled by the rapid growth of data centers driven by increasingly high demand for digital services. Immersion cooling, known for its efficiency and cost-effectiveness, offers substantial energy savings of up to 95% compared to conventional methods. It improves server density and reliability while reducing maintenance and operational downtime. The use of biodegradable coolants supports environmental sustainability objectives, making immersion cooling a favored option in contemporary data center operations. Ongoing technological advancements further enhance its appeal, positioning immersion cooling as a pivotal solution in South Africa's dynamic data center industry.
Opportunity - Growing awareness about benefits of immersion cooling
In response to the escalating demand for efficient data center solutions, Engineered Fluids Africa has introduced a groundbreaking immersion cooling technology in South Africa. Its innovative approach involves submerging server components in a proprietary dielectric coolant, effectively dissipating heat and overcoming the limitations of traditional air conditioning systems. The launch is said to address critical issues, such as system downtime, equipment damage, and excessive energy consumption associated with conventional cooling methods. Engineered Fluids Africa's immersion cooling solution offers compelling advantages, including up to 95% energy savings, increased computing density, reduced maintenance costs, and enhanced reliability. As data centers play an increasingly pivotal role in modern technology, this advancement heralds a significant step towards sustainable and efficient cooling practices. Engineered Fluids Africa's initiative underscores a growing awareness of immersion cooling's transformative potential in enhancing operational efficiency and environmental sustainability within the data center industry.
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Mineral Oil Segment Holds Largest Share in the Market by Cooling Fluid
South Africa Immersion Cooling Market, on the basis of cooling fluid, consists of Mineral Oil, Synthetic Fluids, Fluorocarbon-based Fluids, and other (Vegetable Oil, Bio-Oil, Silicon Oil, and Deionized Water) segments. Among them, the mineral oil segment accounts for the highest share in South Africa Immersion Cooling Market by cooling fluid. End users prefer mineral oils due to their cost-effectiveness and energy efficiency in cooling solutions. With a heat retention capacity approximately 1,000 times greater than air, mineral oils significantly reduce cooling energy needs. Serving as a thermal insulator, mineral oil maintains optimal device performance when used for immersion cooling, driving increased demand for such systems. Moreover, the ability to blend mineral oils from various sources enhances deployment flexibility and operational adaptability.
Impact of Escalating Geopolitical Tensions on South Africa Immersion Cooling Market
South Africa Immersion Cooling Market may face significant challenges from intensifying geopolitical tensions across the world. Conflicts among countries may disrupt supply chains, hinder international technology transfers, and increase costs through tariffs or trade restrictions. Geopolitical instability can create uncertainties in foreign investments and partnerships crucial for technology advancement and market expansion. The risk of supply chain disruptions and regulatory changes adds operational challenges, potentially slowing down infrastructure projects and adoption rates of advanced cooling technologies like immersion cooling. Thus, maintaining stability and fostering favorable international relations becomes crucial for sustaining growth and innovations in South Africa Immersion Cooling Market amidst geopolitical uncertainties.
Competitive Landscape
South Africa Immersion Cooling Market is fragmented, with numerous players serving the market. The key players dominating South Africa Immersion Cooling Market include Stulz GmbH, Rittal GMBH & Co, Schneider Electric SE, Vertiv Group Corp, Mitsubishi Electric Hydronics & IT Cooling Systems SpA, Johnson Controls International PLC, Fujitsu General Limited, Airedale International Air Conditioning, and Shell Immersion Cooling. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
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ICYMI: U.S. Hyperscale Data Center Market Industry Outlook & Forecast 2024-2029: AI & HPC Applications Drive Liquid Immersion & Direct-To-Chip Cooling - ResearchAndMarkets.com http://dlvr.it/TB1DG5
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Europe Immersion Cooling Market: Unlocking Efficiency and Sustainability in Data Centers with Immersion Cooling Technologies
Introduction:Immersion cooling is an innovative thermal management technique that involves submerging electronic components, such as servers and computing equipment, in a thermally conductive dielectric liquid. This method effectively dissipates heat, enhancing the efficiency and performance of high-density data centers. As the demand for cloud services, artificial intelligence, and big data analytics grows, immersion cooling emerges as a sustainable and cost-effective solution for managing the escalating heat loads in modern data centers. Major Vendors: ➲ Asperitas, ➲ DCX — The Liquid Cooling Company, ➲ DUG Technology, ➲ Engineered Fluids, ➲ Green Revolution Cooling Inc, ➲ LiquidStack Holding B.V., ➲ Schneider Electric, Submer, ➲ TEIMMERS, ➲ GlobalConnect, ➲ Cordis, Grundfos, ➲ Submer, ➲ and others Rising Demand for High-Performance Computing (HPC) The Europe Immersion Cooling Market is poised for significant growth due to the increasing demand for high-performance computing (HPC) solutions across various industries. As organizations strive to handle complex computations and process massive amounts of data, traditional air-cooling methods are becoming inefficient and costly. Immersion cooling technology provides an innovative solution by submerging IT components directly into a non-conductive liquid, enhancing cooling efficiency and reducing energy consumption. Research Methodology:This report is based on a robust research methodology that combines primary and secondary research. Primary research includes interviews with industry experts, key stakeholders, and market participants, providing firsthand insights into market dynamics. Secondary research involves a thorough review of industry reports, white papers, academic journals, and reputable news sources. The data collected is analyzed using quantitative and qualitative methods to ensure accuracy and reliability. Market size estimations, growth projections, and trend analyses are derived from a comprehensive analysis of historical data, current market conditions, and prospects. The Report Offers:✤ Market Overview: A detailed overview of the Europe Immersion Cooling Market, including market size, growth trends, and key drivers.✤ Technology Insights: In-depth analysis of immersion cooling technologies, their applications, and benefits.✤ Market Segmentation: Comprehensive segmentation by type, application, and region, providing a granular view of the market.✤ Competitive Landscape: Analysis of the competitive landscape, including profiles of leading companies, their market strategies, and recent developments.✤ Market Forecasts: Accurate market forecasts for the next five years, highlighting growth opportunities and potential challenges.✤ Regulatory Insights: Information on regulatory frameworks and standards influencing the market.✤ Investment Opportunities: Identification of potential investment opportunities and key areas for market expansion. Recent Developments: In March 2023, DCX unveiled the PRO10 Immersion Mining System, introducing a groundbreaking system architecture specifically designed for scale-out crypto mining. Compared to the industry standard, the new DCX High-Density Immersion Containers offer a remarkable 70% improvement in heat transfer performance, 2.5 times higher power density, and double the capacity for hosting miners. Conclusion: The Europe Immersion Cooling Market is poised for significant growth, driven by the increasing demand for efficient and sustainable data center cooling solutions. This report provides a comprehensive analysis of market trends, technologies, and competitive dynamics, equipping stakeholders with the knowledge needed to navigate the evolving landscape. By accessing this report, you gain valuable insights that will help you make informed decisions and leverage the opportunities in the immersion cooling market to achieve long-term success.
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Liquid Cooling Technology: The Green Revolution in Smart Computing Centers
In the throes of the digital revolution, every technological advancement in smart computing centers is reshaping the pulse of our times. Leading this green revolution is liquid cooling technology. A recent article from China IDC Circle titled “Are Smart Computing Centers Becoming Inseparable from Liquid Cooling?” highlights the pivotal role of liquid cooling technology in the development of these centers.
The article points out that with the rapid advancement of artificial intelligence, the power consumption of AI chips is climbing incessantly. Traditional air cooling methods are becoming inadequate for dissipating the heat generated by these high-power chips. Liquid cooling technology, with its high efficiency and environmental benefits, has emerged as the optimal cooling solution for smart computing centers. Nvidia’s founder, Jensen Huang, has even predicted that liquid cooling will be the next major trend in AI computational power.
Liquid cooling technology comes in two types: cold plate and immersion cooling. The cold plate method, with its high maturity and cost-effectiveness, dominates the Chinese market. Although immersion cooling requires a higher initial investment, its long-term operational costs are lower, and it significantly reduces the Power Usage Effectiveness (PUE) of data centers, making it a crucial tool for building green data centers.
Forecasts by KeyTech Consulting paint a promising picture for the future of liquid cooling technology. By 2027, the market size for liquid cooling is expected to reach 102 billion yuan, with an astounding compound annual growth rate (CAGR) of 59%. This figure not only signifies the market’s high regard for liquid cooling technology but also affirms its remarkable contributions to energy conservation and efficiency improvement.
The widespread adoption of liquid cooling technology is pivotal not only for the green transformation of smart computing centers but also as a robust response to the global data center energy consumption challenge. In the context of ever-increasing AI computational power demands, liquid cooling technology, with its superior thermal performance and cost efficiency, emerges as the optimal solution to the problems of “computing power heat” and “cooling anxiety.”
Tech giants, both domestic and international, such as Google, Microsoft, and their counterparts in China like Alibaba, China Mobile, China Telecom, and China Unicom, are actively exploring this space. The application of liquid cooling technology is rapidly permeating every corner of smart computing centers. This is not just a technical innovation but a profound transformation of traditional data center operation models.
The development of liquid cooling technology unveils the boundless potential of future smart computing centers. It is poised to lead data centers towards a greener, more efficient future and inject new momentum into the sustainable development of the digital economy. As this green revolution spearheaded by liquid cooling technology unfolds, it will fundamentally transform our world.
Choosing a domain that reflects this innovative edge is crucial for businesses aspiring to thrive in the digital era. Opting for concise and impactful domain names, such as .COM or .TOP, can significantly enhance brand presence and recognition. These domain choices are not only about maintaining professionalism but also staying ahead in an increasingly digital-centric market landscape. Let’s eagerly anticipate how this green revolution will shape our future.
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Data Centre Liquid Cooling Market, Market Size, Market Share, Key Players | BIS Research
In the ever-evolving landscape of technology, data centers play a pivotal role in supporting the digital infrastructure that powers our connected world. As the demand for higher processing power, energy efficiency, and optimal performance continues to surge, the Data Centre Liquid Cooling market has emerged as a key player in revolutionizing the way data centers manage their thermal challenges.
The global data center liquid cooling market, valued at $4,457.2 million in 2023, is expected to reach $39,961.3 million by 2033, exhibiting a robust CAGR of 24.53% during the forecast period 2023-2033. The growth in the global data center liquid cooling market is expected to be driven by increased data center spending and reduction in operational costs for data centers.
Market Overview:
Liquid cooling solutions are revolutionizing data centers by efficiently dissipating heat generated by high-performance servers and equipment. This market is driven by a compelling need for energy-efficient and sustainable cooling methods to optimize data center operations.The market's expansion is influenced by a multitude of significant factors. These include the escalating worldwide need for energy-efficient and robust data center cooling solutions, increasing penetration of the internet, cloud computing, and technologies such as AI, IoT, and big data.
Market Dynamics:
Rising Power Density in Data Centers:
The increasing power density of modern data center equipment, including high-performance computing (HPC) clusters and artificial intelligence (AI) servers, has intensified the demand for more efficient cooling solutions.
Energy Efficiency Concerns:
With sustainability becoming a priority in the tech industry, data center operators are actively seeking energy-efficient solutions
Performance Optimization:
Liquid cooling enables better thermal management, allowing servers to operate at optimal temperatures. This, in turn, enhances the overall performance and lifespan of the hardware, contributing to improved reliability and reduced downtime.
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Market Segmentation:
Cooling Type:
Direct-to-Chip Liquid Cooling
Immersion Cooling
Regional Analysis:
The market for Data Centre Liquid Cooling is geographically diverse, with North America, Europe, Asia-Pacific, and other regions experiencing varying levels of adoption. Factors such as climate, energy costs, and infrastructure development play a crucial role in shaping regional trends.
Competitive Landscape
Key players in the Data Centre Liquid Cooling market include:
Asetek
Rittal GmbH & Co. KG
Schneider Electric SE
CoolIT Systems Inc.
Vertiv Group Corp
Green Revolution Cooling
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Future Outlook:
The Data Centre Liquid Cooling market is poised for sustained growth as data centers continue to evolve in response to technological advancements. Future developments are expected to focus on innovations in cooling technologies, increased energy efficiency, and the integration of liquid cooling into diverse data center architectures.
Conclusion
As the digital era progresses, the Data Centre Liquid Cooling market stands at the forefront of transformative technologies, addressing the critical need for efficient thermal management in data centers. With a strong emphasis on sustainability, performance optimization, and technological innovation, the market is set to shape the future of data center infrastructure, ensuring a seamless and sustainable digital experience.
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