Immersion Cooling Market is Anticipated To Grow At A CAGR Of 28.9% During The Forecast Period 2023-2032 | Key Players: Fujitsu Limited, Green Revolution Cooling Inc., Submer Technologies
The Global Immersion Cooling Market 2032 Industry Report is a professional and in-depth study on the current state of the Immersion Cooling Market by QMI. The Immersion Cooling Market is supposed to demonstrate a considerable growth during the forecast period of 2023-2032. The company profiles of all the key players and brands that are dominating the market have been given in this report. Their moves like product launches, joint ventures, mergers and acquisitions and the respective effect on the sales, import, export, revenue and CAGR values have been studied completely in the report.
Immersion cooling method is mainly used for various applications such as high-performance computing, edge computing, artificial intelligence and cryptocurrency mining due to the growing demand for energy-efficient and effective data centers cooling. Besides this, superior performance along with lower maintenance costs, small space required and, no environmental footprint propelled the growth of the immersion cooling market. The immersion cooling system has better performance and cost-effectiveness as to that of the current conventional cooling system.
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Impact Factors of Immersion Cooling Market:
• Less operational spaces and lower maintenance costs and no environmental footprint
• Superior performance than the conventional cooling system
• High initial capital investment
Recent Developments of Immersion Cooling Market:
• In March 2019, GRC announced that it is working with TechDatato to provide support and warranties for worldwide customers, using GRC’s immersion cooling systems.
• In October 2018, Asperitas and 2CRSI, major manufacturers of high-performance servers, entered into a partnership for immersed computing to develop new cutting-edge server solutions for immersed computing to be offered to customers with high-performance requirements.
• In July 2017, Iceotope Technologies Limited launched the EdgeStation. It is designed to meet the growing demand for the Internet of Things (IoT) and Industry 4.0
• In June 2017, Facebook announced that it will lay a 200-mile cable to the new data centers in Mexico, which are likely to boost the market growth over the forecast period.
• In 2018, Kolos constructed the largest data center (of 600,000-square meters, with 1,000 MW of computing power) in the world in Ballangen, Norway. The data center is expected to scale up about two gigawatts of consumable renewable power, which is more than the generation capacity of any other data center in the world. This will drive the demand for immersion cooling effectively.
Segmentations Covered in the Report:
Detailed segmentation by area (country), business, type, and application are included in the Immersion Cooling market research analysis. The research offers comprehensive details on new products, regional investments, and market investments. The Immersion Cooling market research report also monitors emerging technologies and trends. The most recent market dynamics, including motivating and inhibiting factors, as well as business news like mergers and acquisitions and investments, are also included in the study. This analysis of current market trends from 2023 to 2032 is provided for each of the sub-segments.
Market Segmentation:
By Type (Single-Phase, Two-Phase),
By Fluid Type (Fluorocarbon-based Fluids, Mineral Oil, Synthetic Oil),
By Application (High-performance Computing, Edge Computing, Artificial Intelligence, Cryptocurrency Mining)
The Key Players in this Market are: Fujitsu Limited, Green Revolution Cooling Inc., Submer Technologies, Allied Control Ltd, Asperitas, Midas Green Technologies, Iceotope Technologies Limited, DCX – The Liquid Cooling Company, LiquidCool Solutions, DownUnderGeoSolutions Pty Ltd., ExaScaler Inc.
Regional Overview:
North America (The US, Canada, and Mexico)
Asia-Pacific (Japan, China, India, South Korea, Indonesia, Australia, Rest of Asia Pacific)
Europe (Germany, UK, Italy, Russia, Spain, The Netherlands France, Rest of Europe)
South America (Brazil, Argentina, Columbia, Rest of South America)
Middle East & Africa (United Arab Emirates, Saudi Arabia, South Africa, Rest of Middle East & Africa)
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Reasons for Buying Immersion Cooling Market Report:
– This report gives a forward-looking prospect of various factors driving or restraining market growth.
– It renders an in-depth analysis for changing competitive dynamics.
– It presents a detailed analysis of changing competition dynamics and puts you ahead of competitors.
– It gives a ten-year forecast evaluated on the basis of how the market is predicted to grow.
– It assists in making informed business decisions by performing a pin-point analysis of market segments and by having complete insights of the Immersion Cooling Market.
– This report helps the readers understand key product segments and their future.
– From 2015 to 2023, All Recent Developments have been covered in this Report.
The Research study can answer the following Key questions:
- What will be the progress rate of the Immersion Cooling Market for the conjecture period, 2032?
- What are the prominent factors driving the Immersion Cooling Market across different regions?
- Who are the major vendors dominating the Immersion Cooling industry and what are their winning strategies?
- What will be the market scope for the estimated period?
- What are the major trends shaping the expansion of the industry in the coming years?
- What are the challenges faced by the Immersion Cooling Market?
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