The immersion cooling market is projected to grow from USD 243 million in 2021
to USD 700 million by 2026, at a CAGR of 23.6% from 2021 to 2026. Immersion cooling solutions not only cool data centers but also
reduce the cooling energy consumption by 80%, subsequently reducing the overall
power consumption by data centers and leading to a low carbon footprint. These
advantages are expected to increase the demand for immersion cooling solutions
across the world.
Browse 126 market data Tables and 41 Figures
spread through 197 Pages and in-depth TOC on "Immersion Cooling Market by Type (Single-Phase
and Two-Phase), Application (High-Performance Computing, Edge Computing,
Cryptocurrency Mining), Cooling Fluid (Mineral Oil, Synthetic,
Fluorocarbon-Based), and Geography – Global Forecast to 2026"
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Partnership and
collaboration are two prominent strategies prevailing in the immersion cooling
market. Green Revolution Cooling Inc. (US), Submer Technologies (Spain), LiquidStack
(Netherlands) Asperitas (Netherlands), Midas Green Technologies (US), Iceotope
Technologies Limited (UK), DownUnder GeoSolutions Pty Ltd. (Australia), and LiquidCool
Solutions (US) are some of the leading players operating that have adopted these
strategies to enhance their position in the market. For instance, in June 2021,
Submer announced its latest partnership with ASA Computers, a leading IT
solution provider that has been delivering innovative systems to rack solutions
across the globe for over 30 years. The agreement was forged out of a need to
provide an alternative solution for the data center industry in decreasing
energy usage and costs, increasing compute density, capacity (Power, Cooling,
Space), reducing operating and capital expenses, and more.
Green Revolution
Cooling Inc. is one of the world’s leading providers of submersion cooling
solutions that provide data center cooling by submerging server racks in synthetic
oil-based coolants. The company has largely focused on the development of new
products and services strategy to cater to a diverse clientele. Green Revolution
Cooling has invested in developing new and innovative products that are
cost-effective and safe to handle. For instance, the company’s innovative data
center cooling solution, CarnotJet System, utilizes a specialized coolant,
ElectroSafe, that is non-toxic and easy to handle. In 2014, the company was
awarded for its IT innovation and was recognized as one of the most progressive
companies in the category of data centers and green IT. Moreover, it was
awarded the Green Enterprise IT award in the facility product development
category. Green Revolution Cooling focuses on developing cost-effective,
easy-to-use products by integrating innovations that help it achieve customer
satisfaction and propel the growth of the company.
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Submer focuses
heavily on developing innovative products designed to take advantage of the
effective and easy-to-operate liquid immersion cooling technology. For
instance, the company has developed products and tested multiple phases of its
immersion cooling solutions that have received engineering sign-off for its
Submer Phase 1 SmartPod. The Submer Phase 1 SmartPod is the first commercial
unit deployed at BitNAP, a leading data center and colocation services provider
in Spain. The company’s focus on both inorganic and organic growth strategies
is anticipated to help reach a larger audience and provide the necessary
exposure for its products. This strategic move is expected to help the company
gain traction and a leading market position in the immersion cooling market.
The company has recently partnered with Arrow Electronics to provide highly
efficient, high-density computing to enterprise customers in EMEA (Europe, the
Middle East, and Africa).
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