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.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=107040948

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.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact MarketsandMarkets™:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com

Who are the key manufacturers in the Ammonia Refrigerants Market?

The ammonia refrigerants market is projected to reach USD 86.5 million by 2030, at a CAGR of 5.7% from USD 55.5 million in 2022. Ammonia is one of the most efficient refrigerants available and has a wide range of uses at different temperature and capacity. In addition to being natural the use of ammonia opens up the possibility of reduced energy consumption and secures long-term costs efficiency and sustainability. Ammonia is most commonly used for air conditioning systems and refrigeration systems. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=254343156 Market Dynamics Driver: Eco-friendly aspect to drive the market One of the biggest advantages of ammonia gas as the refrigerant is that it is safe to the environment and does not cause any depletion of the ozone layer. Due to this it won’t have to be replaced with any alternative refrigerants as is the case with number of chlorofluorocarbons (CFCs). Ammonia is the oldest of all the refri...

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 ...

Polyamide Composite Market Foreseen to Grow Exponentially by 2027

The polyamide composite market is projected to reach USD XX million by 2027, at a CAGR of XX% from USD XX million in 2022. One of the major factors contributing to the growth of the polyamide composite market is the increased demand for lightweight automobiles. Also, the rise in electrical and electronics industry is driving the polyamide composite market. Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=118470735 Driver: Increasing demand from the transportation industry to drive polyamide composites demand Polyamide composites are used in the production of a variety of automotive components, rail coaches, and heavy vehicles. These materials are lightweight and contribute to vehicle weight reduction, which reduces CO2 emissions and improves fuel efficiency, allowing automotive manufacturers to meet CAFÉ emission standards (54.5 mpg by 2025) and other fuel norms mandated by environmental agencies. One of the driving factors driving the therm...

Research Industry Expert

Search This Blog