Single-Phase Immersion Cooling is the Largest and Fastest Growing Type Immersion Cooling Market

The Immersion Cooling Market is projected to grow from USD 177 million in 2019 to USD 501 million by 2024, at a CAGR of 23.2% from 2019 to 2024. The increasing server rack density & chip density, new IT use cases, such as harsh edge computing environments, and pressure to reduce energy consumption in data center cooling is expected to drive the immersion cooling market.

Browse 61 market data Tables and 33 Figures spread through 127 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 Type (Mineral Oil, Synthetic Oil, Fluorocarbon Based), Geography - Global Forecast to 2024".

Submer Technologies is launching advanced products by providing liquid immersion cooling solutions in Europe and North America. In January 2019, Submer Technologies became a full member of the ETP4HPC, the European Technology Platform for High Performance Computing (HPC). ETP4HPC is an industry-led think-tank composed of European HPC technology stakeholders whose main task is to define research priorities and action plans in the area of HPC technology provision (such as the provision of supercomputing systems). This partnership will enhance the recognition of Submer in the European market.

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The high performance computing segment is projected to lead the immersion cooling market during the forecast period

Based on application, the High Performance Computing (HPC) segment of the immersion cooling market is projected to grow at a higher CAGR during the forecast period. The adoption of HPC is gaining traction, as enterprises across various industry verticals are focusing on scaling-up their complex applications. HPC enables scientists and engineers to solve complex, compute-intensive problems.

Some of the benefits of HPC include high network performance, fast storage, large volume of memory, and very high compute capabilities. Thus, HPC enables organizations to develop new, innovative products and services to maintain a competitive edge in the market. The costs and logistics of conventional cooling become more challenging as server racks become denser thermally. These difficulties are faced in HPC where the systems can be twice or thrice denser. This encourages HPC customers to switch from traditional cooling methods to immersion cooling solutions, thus, driving the growth of the market during the forecast period.

The immersion cooling market in the Asia Pacific is projected to grow at the highest CAGR during the forecast period

The immersion cooling market in the Asia Pacific is projected to grow at the highest CAGR from 2019 to 2024. China, India, Japan, and South Korea are key countries contributing to the increased demand for immersion cooling in this region. The increasing adoption of immersion cooling in applications, such as high performance computing, cryptocurrency mining, edge computing, especially in China, Japan and India is expected to drive the immersion cooling market in the Asia Pacific region during the forecast period.

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Dual Chamber Syringe Filling Machine Market Size,Insights, and Forecast 2025

The Global Dual Chamber Syringe (DCS) Filling Machine Market size is projected to grow from USD 258 million in 2020 to USD 381 million by 2025, at a CAGR of 8.2% between 2020 and 2025. The growth is attributed to the growing biopharmaceutical industry, increasing production of lyophilized drugs and advancement in filling machine technologies. Browse 102 market data Tables and 29 Figures spread through 113 Pages and in-depth TOC on "Dual Chamber Syringe (DCS) Filling Machine Market by Type (Automatic, Semi-Automatic and Manual), Application (Industrial Pharmacy and Hospital Pharmacy), and Region – Global Forecast To 2025". Syntegon Technology is one of the leading providers of packaging and processing technology. In 2019, Bosch (Germany) sold one of its subsidiaries, Bosch Packaging Technology, to CVC Capital Partners (Luxembourg) and was renamed as Syntegon Technology. The company manufactures products for four different segments, namely, pharma, biopharma & fine ...

Agricultural chemicals application segment of solvents market is projected to grow at the highest CAGR by 2025

The Solvents Market is projected to grow from USD 21.8 billion in 2020 to USD 30.0 billion by 2025, at a CAGR of 6.6% during the forecast period. The decline in crude oil prices and disruption in the supply chain impacted the market. The major drivers for the market is high demand for conventional solvents from applications such as home care, personal care, and pharmaceuticals amidst COVID-19. Key players in the solvents market include Royal Dutch Shell Plc. (Netherlands), Eastman Chemical Company (US), BASF SE (Germany), ExxonMobil Corporation (US), LyondellBasell Industries Holdings B.V. (Netherlands), Ashland Global Holdings Inc. (US), Huntsman Corporation (US), Celanese Corporation (US), Honeywell International Inc. (US), and INEOS Group AG (UK). These players have adopted various growth strategies, such as expansions, acquisitions, new product launches, agreements, and joint ventures, to strengthen their presence and increase their shares in the solvents market. The ag...

Digitally Printed Wallpaper Market Statistics, Trends, Growth and Demand Report 2022- 2027

The global digitally printed wallpaper market size in 2022 is estimated at USD 4.7 billion and is projected to reach USD 13.1 billion by 2027, at a CAGR of 22.4% from 2022 to 2027. The major drivers for the market include an growth in urbanization and increasing construction activities. However, rivalry from paint & coating producers limits the market growth. Moreover, the ever-increasing growth in commercial and marketing sectors is projected to boost the market for digitally printed wallpaper. Browse 162 market data Tables and 28 Figures spread through 152 Pages and in-depth TOC on "Digitally Printed Wallpaper Market by Printing Technology (Inkjet, Electrophotography), Substrate (Nonwoven, Vinyl, Paper), End-Use Sector (Non-Residential, Residential, Automotive & Transportation) and Region - Global Forecast to 2027 " Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=81489419 Key companies such as A.S. Création T...

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