Immersion Cooling Market by Type, Application, Cooling Fluid, Components, and Geography - Global For (Business Opportunities - Advertising Service)
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Immersion Cooling Market by Type, Application, Cooling Fluid, Components, and Geography - Global For | |
The Immersion Cooling Market is projected to grow from USD 302 million in 2022 to USD 1,710 million by 2030, at a CAGR of 24.2% from 2021 to 2026. Growing number of data centers for applications such as edge computing, cloud computing and cryptocurrency mining brings need for cost-effective and eco-friendly cooling solutions which is expected to drive immersion cooling market. Advancements in technologies such as artificial intelligence, Internet of Things (IoT), cryptocurrency mining, machine learning, and increased computing power and performance requirements have led to increased server density. This increased server density causes an upsurge in the amount of heat generated in data centers. However, increased retrofitting costs of existing infrastructure, coupled with the requirement for new specialized infrastructure, act as restraints for the growth of the immersion cooling market. Based on type, the single-phase immersion cooling is estimated to grow at the highest CAGR during the forecasted period. In single-phase immersion cooling, the cooling fluid will not changes phase and will remains in a liquid form. The cooling fluid gets pumped to a heat exchanger where heat is transferred to a cooler water circuit. Due to this, there are no chances of the cooling fluid getting evaporated. However, in two-phase immersion cooling technique the cooling liquid will change phase and convert to vapor after absorbing the heat. This is expected to drive the single-phase type segment during the forecast period. | |
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| Target State: Maharashtra Target City : Navi Mumbai Last Update : 19 October 2022 1:53 PM Number of Views: 33 | Item Owner : vidhya Contact Email: Contact Phone: (None) |
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2023-03-30 (0.494 sec)