Immersion Cooling Market

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency Considered
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 31)
    4.1 Attractive Opportunities in Immersion Cooling Market
    4.2 Immersion Cooling Market, By Region
    4.3 Asia Pacific Immersion Cooling Market,  By Application and Country
    4.4 Immersion Cooling Market, By Major Countries

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Segmentation
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Density of Server Racks
                    5.3.1.2 Increasing Need for Cost-Effective Cooling Solutions
                    5.3.1.3 Growing Need for Eco-Friendly Data Center Cooling Solutions
           5.3.2 Restraints
                    5.3.2.1 Requirement of Additional and Specialized Infrastructure
                    5.3.2.2 Lack of Recognition From End Users
           5.3.3 Opportunities
                    5.3.3.1 Adoption in Low-Density Data Centers
                    5.3.3.2 Development of Cooling Solutions for Deployment in  Harsh Environments
           5.3.4 Challenges
                    5.3.4.1 High Investments in Existing Infrastructure
    5.4 Porter’s Five Forces Analysis
           5.4.1 Bargaining Power of Suppliers
           5.4.2 Bargaining Power of Buyers
           5.4.3 Threat of Substitutes
           5.4.4 Threat of New Entrants
           5.4.5 Intensity of Competitive Rivalry

6 Industry Trends (Page No. - 42)
    6.1 Evolution
    6.2 Technological Trends and Standards
           6.2.1 Introduction
           6.2.2 Standards and Guidelines for Data Center Cooling
                    6.2.2.1 American National Standards Institute
                    6.2.2.2 American Society of Heating, Refrigerating, and  Air-Conditioning Engineers
                    6.2.2.3 Institute for Energy and Transport of the Joint Research Center of the European Commission
                    6.2.2.4 Distributed Management Task Force
                    6.2.2.5 Telecommunication Industry Association
                    6.2.2.6 National Electrical Manufacturers Association
                    6.2.2.7 Canadian Standards Association Group
                    6.2.2.8 Underwriters Laboratory
                    6.2.2.9 Factory Mutual Approved
                    6.2.2.10 United States Department of Energy
                    6.2.2.11 United States Environmental Protection Agency
                    6.2.2.12 Statement on Standards for Attestation Engagements No.16
                    6.2.2.13 International Standards Compliance

7 Immersion Cooling Market, By Application (Page No. - 46)
    7.1 Introduction
    7.2 High Performance Computing
           7.2.1 High Performance Computing is the Largest  Application Segment
    7.3 Edge Computing
           7.3.1 Edge Computing Application Segment is Gaining Traction From Oil & Gas, Defense and Telecom Industries
    7.4 Artificial Intelligence
           7.4.1 Recent Development Such as Autonomous Cars, Video  Game, and Speech Recognition is Expected to Drive  the Ai Application Segment
    7.5 Cryptocurrency Mining
           7.5.1 Cryptocurrency Mining Application Segment is Projected to Grow at the Highest CAGR
    7.6 Others

8 Immersion Cooling Market, By Type (Page No. - 53)
    8.1 Introduction
    8.2 Single-Phase Immersion Cooling
           8.2.1 Single-Phase Immersion Cooling is the Largest and Fastest Growing Type Segment
    8.3 Two-Phase Immersion Cooling
           8.3.1 Two-Phase Immersion Cooling is Expensive as Compared  to Single Phase

9 Immersion Cooling Market, By Cooling Fluid Type (Page No. - 57)
    9.1 Introduction
    9.2 Mineral Oil
           9.2.1 Mineral Oil Cooling Fluid Type Accounted for the Second Highest Share in the Global Immersion Cooling Market
    9.3 Fluorocarbon-Based Fluid
           9.3.1 Fluorocarbon-Based Fluid are Gaining Traction  and are Being Used in High Performance Computing Liquid  Cooling Applications
    9.4 Synthetic Oil
           9.4.1 Synthetic Oil Fluid Type Segment Accounted for A Major Share in the Global Immersion Cooling Market
    9.5 Others

10 Immersion Cooling Market, By Region (Page No. - 63)
     10.1 Introduction
     10.2 Asia Pacific
             10.2.1 China
                        10.2.1.1 China is the Fastest-Growing Market for Immersion  Cooling Globally
             10.2.2 India
                        10.2.2.1 India is the Second-Fastest-Growing Market for Immersion Cooling in Asia Pacific
             10.2.3 Japan
                        10.2.3.1 Japan Accounted for the Second-Largest Share of the Asia Pacific Immersion Cooling Market
             10.2.4 South Korea
                        10.2.4.1 High Demand From Cryptocurrency Mining and High Performance Computing Application Segments is Expected to Drive the South Korean Immersion Cooling Market
             10.2.5 Thailand
                        10.2.5.1 High Demand From the Cryptocurrency Mining Application Segment is Expected to Drive the Thailand Immersion  Cooling Market
             10.2.6 Malaysia
                        10.2.6.1 High Demand for Data Center Services is Expected to Drive the Immersion Cooling Market in Malaysia
             10.2.7 Rest of Asia Pacific
     10.3 North America
             10.3.1 US
                        10.3.1.1 US Accounted for the Largest Share of the Global Immersion Cooling Market
             10.3.2 Canada
                        10.3.2.1 High Demand From Cryptocurrency Mining and High Performance Computing Application Segments is Expected to Drive the Canadian Immersion Cooling Market
             10.3.3 Mexico
                        10.3.3.1 High Growth in the Data Center Industry is Expected to Drive the Immersion Cooling Market in Mexico
     10.4 Europe
             10.4.1 UK
                        10.4.1.1 UK Dominated the Immersion Cooling Market in the  European Region
             10.4.2 Germany
                        10.4.2.1 Germany Accounted for the Second-Largest Share of the European Immersion Cooling Market
             10.4.3 France
                        10.4.3.1 France Accounted for the Third-Largest Share of the European Immersion Cooling Market
             10.4.4 Netherlands
                        10.4.4.1 Rise in the Data Center Market is Expected to Drive the Market for Immersion Cooling in the Netherlands
             10.4.5 Russia
                        10.4.5.1 High Demand From the Cryptocurrency Mining Application Segment is Expected to Drive the Russian Immersion  Cooling Market
             10.4.6 Spain
                        10.4.6.1 High Growth in the Data Center Market is Expected to Drive the Immersion Cooling Market in Spain
             10.4.7 Rest of Europe
     10.5 Middle East & Africa
     10.6 South America

11 Competitive Landscape (Page No. - 90)
     11.1 Introduction
     11.2 Competitive Landscape Mapping
             11.2.1 Visionary Leaders
             11.2.2 Innovators
             11.2.3 Dynamic Differentiators
             11.2.4 Emerging Companies
     11.3 Competitive Benchmarking
             11.3.1 Strength of Product Portfolio
             11.3.2 Business Strategy Excellence
     11.4 Overview
     11.5 Competitive Situations & Trends
             11.5.1 Product Launches
             11.5.2 Partnerships
             11.5.3 Collaborations
             11.5.4 Expansions
     11.6 Market Share Analysis

12 Company Profile (Page No. - 100)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)* 
     12.1 Fujitsu Limited
     12.2 Green Revolution Cooling Inc.
     12.3 Submer Technologies
     12.4 Allied Control Ltd.
     12.5 Asperitas
     12.6 Midas Green Technologies
     12.7 Iceotope Technologies Limited
     12.8 Liquidcool Solutions, Inc.
     12.9 Downunder Geosolutions Pty Ltd
     12.10 DCX – the Liquid Cooling Company
     12.11 Liqit.Io
     12.12 Exascaler Inc.
     12.13 Qcooling
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies. 

13 Appendix (Page No. - 121)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets  Subscription Portal
     13.3 Available Customizations
     13.4 Related Reports
     13.5 Author Details

List of Tables (61 Tables)

Table 1 Global Immersion Cooling Market: Assumptions
Table 2 Immersion Cooling Market Snapshot
Table 3 Immersion Cooling Market, By Cooling Fluid Type
Table 4 Immersion Cooling Market, By Type
Table 5 Power Usage for Air-Cooled Versus Immersion-Cooled Data Centers
Table 6 Power Usage for Air-Cooled Versus Immersion-Cooled Data Centers With 1 Mw of Technical Load
Table 7 Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 8 Immersion Cooling Market in High Performance Computing, By Region, 2017–2024 (USD Million)
Table 9 Immersion Cooling Market in Edge Computing, By Region, 2017–2024 (USD Million)
Table 10 Immersion Cooling Market in Artificial Intelligence, By Region, 2017–2024 (USD Million)
Table 11 Immersion Cooling Market in Cryptocurrency Mining, By Region, 2017–2024 (USD Million)
Table 12 Immersion Cooling Market in Other Applications, By Region, 2017–2024 (USD Million)
Table 13 Immersion Cooling Market, By Type, 2017–2024 (USD Million)
Table 14 Single-Phase Immersion Cooling Market, By Region, 2017–2024 (USD Million)
Table 15 Two-Phase Immersion Cooling Market, By Region, 2017–2024 (USD Million)
Table 16 Immersion Cooling Market, By Cooling Fluid Type, 2017–2024 (USD Million)
Table 17 Mineral Oil Immersion Cooling Market, By Region, 2017–2024 (USD Million)
Table 18 Fluorocarbon-Based Fluid Immersion Cooling Market, By Region, 2017–2024 (USD Million)
Table 19 Synthetic Oil Immersion Cooling Market, By Region, 2017–2024 (USD Million)
Table 20 Other Fluids Immersion Cooling Market, By Region, 2017–2024 (USD Million)
Table 21 Immersion Cooling Market, By Region, 2017–2024 (USD Million)
Table 22 Asia Pacific Immersion Cooling Market, By Country, 2017–2024 (USD Million)
Table 23 Asia Pacific Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 24 Asia Pacific Immersion Cooling Market, By Type, 2017–2024 (USD Million)
Table 25 Asia Pacific Immersion Cooling Market, By Cooling Fluid Type, 2017–2024 (USD Million)
Table 26 China Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 27 India Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 28 Japan Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 29 South Korea Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 30 Thailand Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 31 Malaysia Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 32 Rest of Asia Pacific Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 33 North America Immersion Cooling Market, By Country, 2017–2024 (USD Million)
Table 34 North America Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 35 North America Immersion Cooling Market, By Type, 2017–2024 (USD Million)
Table 36 North America Immersion Cooling Market, By Cooling Fluid Type, 2017–2024 (USD Million)
Table 37 US Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 38 Canada Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 39 Mexico Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 40 Europe Immersion Cooling Market, By Country, 2017–2024 (USD Million)
Table 41 Europe Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 42 Europe Immersion Cooling Market, By Type, 2017–2024 (USD Million)
Table 43 Europe Immersion Cooling Market, By Cooling Fluid Type, 2017–2024 (USD Million)
Table 44 UK Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 45 Germany Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 46 France Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 47 Netherlands Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 48 Russia Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 49 Spain Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 50 Rest of Europe Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 51 Middle East & Africa Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 52 Middle East & Africa Immersion Cooling Market, By Type, 2017–2024 (USD Million)
Table 53 Middle East & Africa Immersion Cooling Market, By Cooling Fluid Type, 2017–2024 (USD Million)
Table 54 South America Immersion Cooling Market, By Application, 2017–2024 (USD Million)
Table 55 South America Immersion Cooling Market, By Type, 2017–2024 (USD Million)
Table 56 South America Immersion Cooling Market, By Cooling Fluid Type, 2017–2024 (USD Million)
Table 57 Product Launches, 2017–2019
Table 58 Partnerships, 2014–2019
Table 59 Collaborations, 2014–2019
Table 60 Expansions, 2014–2019
Table 61 Company, Type of Cooling, Type of Cooling Fluid and Type of Infrastructure Mapping

List of Figures (33 Figures)

Figure 1 Immersion Cooling Market: Research Design
Figure 2 Breakdown of Primary Interviews, By Company, Designation & Region
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 North America is Estimated to Account for the Largest Share of Immersion Cooling Market in 2019
Figure 6 High Performance Computing Segment is Estimated to Account for the Largest Share of Immersion Cooling Market in 2019
Figure 7 Synthetic Oil Segment is Estimated to Account for the Largest Share of Immersion Cooling Market in 2019
Figure 8 Immersion Cooling Market, By Type, 2019
Figure 9 Increasing Server Rack Density is Expected to Drive Growth of Immersion Cooling Market From 2019 to 2024
Figure 10 Asia Pacific Immersion Cooling Market is Projected to Grow at the Highest CAGR From 2019 to 2024
Figure 11 High Performance Computing Segment and China are Estimated to Account for the Largest Shares of Asia Pacific Immersion Cooling Market in 2019
Figure 12 Immersion Cooling Market in China is Projected to Grow at the Highest CAGR From 2019 to 2024
Figure 13 Immersion Cooling Market, By Region
Figure 14 Immersion Cooling Market: Drivers, Restraints, Opportunities, and Challenges
Figure 15 Porter’s Five Forces Analysis
Figure 16 Evolution of Data Center Cooling and Immersion Cooling
Figure 17 Immersion Cooling Market, By Application, 2019 & 2024 (USD Million)
Figure 18 Immersion Cooling Market, By Type, 2019 & 2024 (USD Million)
Figure 19 Immersion Cooling Market, By Cooling Fluid Type, 2019 & 2024 (USD Million)
Figure 20 China Immersion Cooling Market is Projected to Grow at the Highest CAGR From 2019 to 2024
Figure 21 Asia Pacific Immersion Cooling Market Snapshot
Figure 22 North America Immersion Cooling Market Snapshot
Figure 23 Europe Immersion Cooling Market Snapshot
Figure 24 Competitive Landscape Mapping
Figure 25 Key Growth Strategies Adopted By Companies in the Immersion Cooling Market Between 2016 and 2019
Figure 26 Immersion Cooling Market Ranking, By Company, 2018
Figure 27 Fujitsu Limited: Company Snapshot
Figure 28 Fujitsu Limited: SWOT Analysis
Figure 29 Green Revolution Cooling Inc.: SWOT Analysis
Figure 30 Submer Technologies: SWOT Analysis
Figure 31 Allied Control Ltd.: SWOT Analysis
Figure 32 Asperitas: SWOT Analysis
Figure 33 Midas Green Technologies: SWOT Analysis

The study involved 4 major activities in estimating the current size of the immersion cooling market. Exhaustive secondary research was undertaken to collect information on the immersion cooling market, its peer markets, and its parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the immersion cooling value chain through primary research. Both, top-down and bottom-up approaches were employed to estimate the overall size of the market. Thereafter, market breakdown and data triangulation procedures were used to estimate the sizes of different segments and subsegments of the immersion cooling market.

Secondary Research

As a part of the secondary research process, various secondary sources, such as Hoovers, Bloomberg, BusinessWeek, and Dun & Bradstreet were referred to identify and collect information for this study on the immersion cooling market. Secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, and articles by recognized authors, authenticated directories, and databases.

Secondary research was mainly conducted to obtain key information about the supply chain of the industry, the monetary chain of the market, the total pool of players, and market classification and segmentation according to industry trends to the bottom-most level, regional markets, and key developments undertaken from both, market- and technology oriented perspectives.

Primary Research

As a part of the primary research process, various primary sources from both, supply and demand sides were interviewed to obtain qualitative and quantitative information for this report on the immersion cooling market. Primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the immersion cooling market. Primary sources from the demand side included directors, marketing heads, and purchase managers from various end-use industries. Following is the breakdown of the primary respondents.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both, top-down and bottom-up approaches were used to estimate and validate the total size of the immersion cooling market. These methods were also used extensively to estimate the size of various segments and subsegments of the market. The research methodology used to estimate the market size includes the following:

• The key players in the industry and markets were identified through extensive secondary research.
• The supply chain of the industry and the market size, in terms of value, were determined through primary and secondary research processes.
• All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall size from the market size estimation process explained above, the total market was split into several segments and subsegments. Data triangulation and market breakdown procedures were used, wherever applicable to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. The data was triangulated by studying various factors and trends from both, the demand and supply sides. In addition to this, the market size was validated using both, top-down and bottom-up approaches.

Objectives of the Report

• To define, describe, and forecast the immersion cooling market based on application, type, type of cooling fluid, and region
• To forecast the size of the market and its segments with respect to 5 main regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and South America, along with their respective key countries
• To provide detailed information regarding major factors, such as drivers, restraints, opportunities, and challenges influencing the growth of the market
• To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contribution to the total market
• To analyze opportunities in the market for stakeholders and provide a detailed competitive landscape for market leaders
• To strategically profile key players and comprehensively analyze their market shares and core competencies
• To track and analyze competitive developments, such as expansions, new product developments, acquisitions, and joint ventures in the immersion cooling market

The following customization options are available for the report:

• Further breakdown of the Asia Pacific and Europe immersion cooling markets
• Product matrix, which gives a detailed comparison of the product portfolio of each company
• Detailed analysis and profiles of additional market players (up to 3)