Immersion Cooling Fluids Market Size, Share, Company Profiles Review, Recent Developments And Forecast 2029
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Immersion Cooling Fluids Market was valued at USD 1.69 Billion in 2022, and it is expected to reach USD 2.92 Billion by 2029, exhibiting a CAGR of 8.1 % during the forecast period (2023-2029)
Immersion Cooling Fluids Market Overview:
The Immersion Cooling Fluids market study provides a detailed picture of competition, including market share and company profiles of the major competitors in the global industry. The scope of the research includes a comprehensive examination of the Immersion Cooling Fluids Market Size, as well as the reasons for variations in the industry's growth in various locations.
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Market Scope:
This research study makes extensive use of secondary sources, directories, and databases, such as annual reports, press releases, journals, company websites, and databases, to locate and collect material suitable for this study.
Segmentation:
by Cooling Fluid
Mineral Oil
Synthetic Fluids
Fluorocarbon-based Fluids
Others
Based on Cooling Fluid, mineral oil dominated the segment in 2021 and is expected to dominate the Immersion Cooling market during the forecast period. Mineral oil is a by-product of the refining of crude oil to produce gasoline and other petroleum products. These mineral oil kinds are mostly constituted of alkanes and cycloalkanes and are often provided by oil refineries with no further processing, qualifications, or quality control. When compared to traditional air conditioning systems, mineral oil is more efficient, which simplifies facility design and results in cost savings. Mineral oil is used as a single-phase dielectric because of its high boiling point and because it is transparent and oily.
by Product
Single-phase
Two-phase
Based on Product, single-phase immersion cooling type is expected to witness the fastest growth at the highest CAGR and dominate the Immersion Cooling market during the forecast period. Servers or other information technology (IT) components are installed vertically in a coolant bath of a hydrocarbon-based dielectric fluid with qualities comparable to mineral oil in single-phase immersion cooling system technology. Because the coolants do not evaporate when heated, they deteriorate after ten to fifteen years. As a result, the single-phase immersion cooling system is both cost-effective and extremely dependable, and it is expected to grow at a quicker rate in the future. Single-phase immersion cooling will continue to grow in popularity since it is less expensive to install and uses less energy. Demand for single immersion cooling will increase as customers become more aware of the tradeoffs between single-phase and two-phase immersion.
by Industry
BFSI
Government
Energy
Manufacturing
Healthcare
IT& Telecommunication
Others
by Application
High-performance Computing
Edge Computing
Cryptocurrency Mining
Artificial Intelligence
Others
Based on Application, the high-performance computing application is dominating the global immersion cooling market as it requires relatively intensive computing resources such as artificial intelligence (AI) and machine learning (ML). Investment in high-density data centres and high-performance computing applications is expanding. Furthermore, as technology advances, faster microprocessors will become accessible each year, and low-cost HPC systems with a few processors will deliver capability hitherto reserved for pricey vector computers or MPP systems. As a result, high-performance computers are no longer restricted to specific architectures, but instead contribute to the high end of a continuum of fast desktop systems and servers.
- Global Immersion Cooling Fluids Market: Research Methodology
- Global Immersion Cooling Fluids Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Immersion Cooling Fluids Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Immersion Cooling Fluids Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Immersion Cooling Fluids Market Segmentation
- Global Immersion Cooling Fluids Market, by Type (2023-2029)
- Global Immersion Cooling Fluids Market, by Product (2023-2029)
- Global Immersion Cooling Fluids Market, by Application (2023-2029)
- Global Immersion Cooling Fluids Market, by End-User (2023-2029)
- Regional Immersion Cooling Fluids Market(2023-2029)
- Regional Immersion Cooling Fluids Market, by Type (2023-2029)
- Regional Immersion Cooling Fluids Market, by Product (2023-2029)
- Regional Immersion Cooling Fluids Market, by Application (2023-2029)
- Regional Immersion Cooling Fluids Market, by End-User (2023-2029)
- Regional Immersion Cooling Fluids Market, by Country (2023-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Players:
1. Alfa Laval AB(Sweden)
2. Liquid Stack Inc. (United States)
3. Asetek AS (United States)
4. Asperitas Company(Netherlands)
5. Chilldyne Inc. (Canada)
6. CoolIT Systems Inc. (Canada)
7. Fujitsu Limited (Japan)
8. Mikros Technologies (United States)
9. Kaori Heat Treatment Co. Ltd (Taiwan)
10.Lenovo group Limited (Hong Kong)
11.Liquid Cool Solutions (United States)
12.Midas Green Technologies (United States)
13.Iceotope Technologies Ltd (United Kingdom)
14.USystems Ltd (United Kingdom)
15.Rittal GmbH & Co. KG(Germany)
16.Schneider Electric (France)
17.Submer Technologies (Spain)
18.Vertiv Co. (United States)
19.Wakefield-Vette Inc. (United States)
20.Wiwynn Corporation (Taiwan)
Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Immersion Cooling Fluids market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Immersion Cooling Fluids Market: The report also includes a detailed analysis of COVID-19 on the Immersion Cooling Fluids market Share.
Key Questions Answered in the Immersion Cooling Fluids Market Report are:
- Which sub-segment had the largest share in the Immersion Cooling Fluids market?
- How is the competitive landscape of the Immersion Cooling Fluids market in 2023?
- Which are the key drivers impacting the Immersion Cooling Fluids market growth?
- Which region holds the maximum share in the Immersion Cooling Fluids market?
- What will be the CAGR of the Immersion Cooling Fluids market during the forecast period (2023-2029)?
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