Increasing volume of data, the burgeoning applications of immersion cooling across varied segments and surging adoption of advance technology such as IoT, AI, VR may result in the expansion of server rack density and storage devices. Thus, this is further anticipated to generate the demand for immersion cooling system in the forecasted period.
According to MarkNtel Advisors’ research report titled “Global Immersion Cooling Market Analysis, 2020”, the Global Immersion Cooling market is anticipated to grow at a CAGR of around 24% during 2020-25. Immersion cooling systems are highly efficient, low energy consumption devices, that have been gaining increasing attention from the application segments such as high-performance computing, edge computing, cryptocurrency mining, etc.
However, the Immersion Cooling market is facing the challenge due to its high capital investment cost and the requirement for designing specialized infrastructure for the installation of the systems. But due to technological advancement in the designing and specification, the market players is producing a compact, highly efficient advanced immersion cooling system, which is expected to overcome the limitations in the near future.
On the basis of the type of immersion cooling, the single-phase market segment held the dominant position globally during 2019. The low-cost operational advantage of the single-phase category over the dual-phase product type is expected to further maintain the leading position by the segment.
Synthetic Fuel Type to Experience Highest Growth Rate
Based on the fuel type, the mineral oil and synthetic oil segment held a significant market share in 2019. Mineral oil has several competitive advantages over the alternative options, due to which it becomes a preferred choice among the end users. Mineral oil is the low cost, widely available and highly-efficient fuel type. Its best suited for the immersion cooling process owing to its great thermal insulation capacity.
The low-cost advantage of the mineral-oil as a cooling agent is the leading factor leading to the dominance by the product. However, the synthetic immersion cooling fuel type segment is anticipated to attain the highest CAGR growth during 2020-25, owing to rising acceptance for synthetic oil products by the major operators in the immersion cooling industry.
According to MarkNtel Advisors’, some the of key competitors operating in the Global Immersion Cooling market include Fujitsu Limited, Green Revolution Cooling Inc., Submer Technologies, Midas Green Technologies, Allied Control Ltd., Exascaler Inc., and Qcooling.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on Global Immersion Cooling Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecasted up-to 2025.
Q. What are the units or denomination for measuring market value in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Global Immersion Cooling Market during 2020-25?
A. The growth rate of Global Immersion Cooling Market during 2020-25 is forecast to be around 24%.
Q. Which region would grab the highest market share during 2020-25?
A. It is forecast that Asia-Pacific will dominate the market with majority market share, with market size registering considerably higher CAGR.
Q. Who are the key competitors or players operating in Global Immersion Cooling Market?
A. Fujitsu Limited, Green Revolution Cooling Inc., Submer Technologies, Midas Green Technologies, Allied Control Ltd., Exascaler Inc., Qcooling are few of the leading players in the Global Immersion Cooling Market.
Q. Does the report scope cover Global Immersion cooling type wise market statistics also?
A. Yes, the scope of the report encompass detailed Global Immersion cooling type wise statistics such as market size, market segmentation based on various subcategories.
Q. Which immersion cooling type would emerge as an opportunity area for players in Global Immersion Cooling Market?
A. On the basis of the type of Immersion cooling, the single-phase market segment held the dominating position globally. The low-cost operational advantage of the single-phase category over the dual-phase product type is expected to further maintain the leading position by the segment.
Q. Which immersion cooling fluid would emerge as an opportunity area for players in Global Immersion Cooling Market?
A. Based on the fuel type, the mineral oil and synthetic oil segment held a significant market share. Mineral oil has several competitive advantages over the alternative options, due to which it becomes a preferred choice among the end-users.
