Immersion Cooling Market in Data Centers Poised for Rapid Growth, Expected to Reach USD 2.52 Billion by 2029


Posted September 20, 2024 by mordor

According to Mordor Intelligence, the Data Center Immersion Cooling Market is projected to grow from USD 0.79 billion in 2024 to USD 2.52 billion by 2029, with a CAGR of 26.15%.

 
Market Insights: As data centers continue to expand globally to accommodate the exponential growth in cloud computing, artificial intelligence, and data analytics, the need for efficient cooling systems has become paramount. Immersion cooling, a cutting-edge technology that involves submerging IT hardware in a thermally conductive, dielectric liquid, has emerged as a preferred solution to significantly reduce energy consumption, operational costs, and environmental impact.

Key Market Drivers:

Exponential Data Growth: The massive increase in global data generation from emerging technologies like IoT, edge computing, and AI is pushing the boundaries of traditional air-cooling systems. Immersion cooling offers a superior alternative capable of handling higher densities while ensuring optimal performance.

Energy Efficiency & Sustainability: As data center operators strive to meet stricter environmental regulations and reduce energy costs, immersion cooling has gained traction due to its ability to lower power usage effectiveness (PUE) and carbon emissions. This technology allows data centers to run more sustainably while saving on energy and cooling expenses.

Technological Advancements: Innovations in liquid cooling systems and dielectric fluids have improved the performance and scalability of immersion cooling, making it a viable option for hyperscale and edge data centers.

Regional Growth and Trends: North America is expected to lead the market due to the presence of major hyperscale data centers and the early adoption of innovative cooling technologies. Meanwhile, the Asia-Pacific region is anticipated to witness the fastest growth rate, driven by increasing data center investments, rapid digitalization, and the rise of data-intensive industries.

Key Players: Leading companies such as Submer Technologies, Green Revolution Cooling (GRC), Asperitas, Iceotope, and Midas Green Technologies are at the forefront of innovation in immersion cooling. These key players are expanding their portfolios to provide advanced solutions that cater to the growing demand for high-performance, energy-efficient cooling in data centers.

Conclusion: The Immersion Cooling Market in Data Centers is poised for exponential growth, becoming an essential technology to meet the rising thermal demands of modern computing infrastructure. With market projections reaching USD 2.52 billion by 2029, immersion cooling is set to play a pivotal role in shaping the future of sustainable and high-performance data centers worldwide.

For more detailed insights and in-depth market analysis, access the full report by Mordor Intelligence.

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Issued By Mordor Intelligence
Country India
Categories Reports , Research , Technology
Tags data center immersion cooling market , data center immersion cooling market size , data center immersion cooling market share , data center immersion cooling market trends , data center immersion cooling market growth , data center immersion cooling market report , data center immersion cooling industry
Last Updated September 20, 2024