
Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Trending Now
The global immersion cooling market reached a value of more than USD 295.40 Million in 2024. The market is estimated to grow at a CAGR of 22.60% in the forecast period of 2025 and 2034 to reach above USD 2266.29 Million by 2034. The growing use of immersion cooling systems in data centers to combat rising energy consumption and heat management concerns is one of the major growth drivers of the market. Operators seeking more air cooling options are increasingly choosing advanced immersion cooling solutions over conventional systems as they significantly improve energy efficiency, improve heat reuse and align with regulatory policies. With the rise of big data, artificial intelligence (AI), 5G, and cloud computing, data centers' power consumption and processing demands increased, making efficient cooling even more important.
Base Year
Historical Year
Forecast Year
Value in USD Million
2025-2034
Immersion Cooling Market Outlook
*this image is indicative*
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Global Immersion Cooling Market Report Summary | Description | Value |
Base Year | USD Million | 2024 |
Historical Period | USD Million | 2018-2024 |
Forecast Period | USD Million | 2025-2034 |
Market Size 2024 | USD Million | 295.40 |
Market Size 2034 | USD Million | 2266.29 |
CAGR 2018-2024 | Percentage | XX% |
CAGR 2025-2034 | Percentage | 22.60% |
CAGR 2025-2034 - Market by Region | Asia Pacific | 26.1% |
CAGR 2025-2034 - Market by Country | India | 29.9% |
CAGR 2025-2034 - Market by Country | China | 25.0% |
CAGR 2025-2034 - Market by Product Type | Two-Phase Immersion Cooling System | 24.9% |
CAGR 2025-2034 - Market by Application | Artificial Intelligence | 25.5% |
Market Share by Country 2024 | France | 3.1% |
New cooling solutions like immersion cooling increase energy efficiency through improved thermal management, particularly with high-performance equipment like GPUs. Immersion cooling is also used to handle emerging technologies like AI, 5G, big data, cloud computing, edge computing and the Internet of Things (IoT), which increase the strain on data centers. Liquid submersion cooling systems are widely considered as a critical aspect in decreasing data centers' carbon footprint, maintaining the standards regulated by the International Energy Agency (IEA). As innovative data centers develop into high-tech facilities, immersion cooling systems will continue to be at the forefront of the quest for sustainability and maximizing processing power while using the least amount of energy.
The increasing usage of immersion cooling for cryptocurrency mining, especially Bitcoin mining, is one of the most important industry trends. However, one major problem with the growth of Bitcoin mining operations is the heat generated by mining equipment. Immersion cooling technology is one of the most widely used substitutes for conventional air-cooling techniques in order to lessen thermal stress on mining equipment. Air cooling systems lower heat generation, increases efficiency with energy consumption, and prolongs the life of mining equipment by immersing it in unique solutions. Immersion cooling is important because mining cryptocurrencies like Bitcoin produces a lot of heat. Since it allows miners to increase productivity, miners can get rid of thermal problems, and cut downtime, immersion cooling is a highly sought-after option in the industry.
Driven by laws and the desire to preserve energy, one of the main developments in immersion cooling industry is its increasing contribution to making data centers more sustainable through lower energy use. Organizations like the European Commission are implementing regulations like the Energy Efficiency Directive to lower the amount of energy used by data centers, which account for a sizeable amount of the world's energy usage. Immersion cooling systems that efficiently control heat are emerging as a key technological advancement to satisfy these requirements from regulatory bodies. Innovative cooling solutions can help data centers save energy and improve sustainability. Waste heat reuse is another benefit of immersion cooling that reduces energy consumption. Data center operators are growing increasingly eager to reduce operating costs while adhering to environmental regulations. As regulations become more strict, immersion cooling solutions are becoming a vital component of data centers' toolkit for reducing their carbon footprint and bringing about a more sustainable future.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The two main product categories into which the immersion cooling market can be divided are single-phase and two-phase systems. Each offers unique benefits for use in various contexts. Of the two, single-phase immersion cooling is more frequently utilized. To transmit heat from the hardware without causing a phase shift, it uses a dielectric fluid. As it is simpler to use, less expensive, and requires less maintenance, this kind of system is typically used in data centers and cryptocurrency mining locations where equipment produces excessive heat. The fluid continuously circulates throughout the system, absorbing heat and transferring it through a heat exchanger to keep the components at the right temperatures. Single-phase systems are attractive to users who seek scalable and efficient offerings with relatively moderate operating complexity.
Two-phase immersion cooling systems provide even better levels of thermal management by harnessing a phase-change liquid as the heat source absorbs heat away from the components. As the fluid evaporates and the vapor condenses back into liquid and is reused, the heat produced by the hardware is released. Since, two-phase systems can frequently disperse higher heat loads than single-phase systems, they are best suited for high-performance computer applications like artificial intelligence (AI), massive data processing, and high-frequency trading. Although two-phase immersion cooling is more costly and more difficult to install and maintain, it offers better cooling performance, lowers power consumption, and streamlines waste heat recovery. As the need for green, energy-efficient technology grows, two-phase immersion cooling is being used in applications where efficient temperature management is required, especially in hyperscale data centers and edge computing.
Due to its ability to efficiently manage the massive amounts of heat generated by next-generation hardware, immersion cooling is being increasingly used in high-performance computing (HPC) settings. HPC machines are usually deployed in complicated simulations, research work, and big data processing, demanding maximum processing power. If not adequately controlled, high-performance server heat causes thermal throttling and performance loss. Immersion cooling provides a cost-effective alternative by immersing the equipment in dielectric fluids, which effectively absorb and dissipate heat to maintain optimal operating temperatures. HPC systems can operate at their maximum capacity without overheating, leading to even better performance and dependability. This makes them ideal for sectors that involve massive data, simulations, and complex computing procedures.
Immersion cooling is also widely used in edge computing, where real-time decision-making and latency reduction require small-scale computation at the site. Traditional cooling techniques like air conditioning are ineffective for edge computing since it frequently necessitates the deployment of multiple small, dispersed servers in various settings. Immersion cooling is the ideal choice for edge computing because it is easily scaled, fits into smaller form factors, and distributes heat more effectively. As immersion cooling uses less electricity, it is a great way to meet the increasing demands of the Internet of Things (IoT) and other edge devices. Other high-demand power systems, like artificial intelligence and cryptocurrency mining, where downtime must be minimized and processing efficiency maximized, can also be affordably cooled with immersion cooling technology.
Choosing the right cooling fluid has a big impact on the efficiency, safety, and performance of immersion cooling. Mineral oil has been a fairly common cooling fluid in immersion cooling systems due to its affordability and accessibility. Since mineral oil is a great heat conductor and non-toxic, many data center managers and bitcoin miners use it. In addition, mineral oil is chemically stable and has a long service life without degrading too much. However, mineral oil has some drawbacks, such as flammability and problems with handling and disposal, which may make it less desirable for use in some high-risk applications. Nevertheless, it continues to be the preferred option for less demanding applications where cost is an issue.
The fluorocarbon-based fluids provide a superior immersion cooling solution, particularly in more demanding settings like edge computing or high-performance computing. Fluids such as perfluorocyclopropane (C3HF5) and related substances, are chemically inert, non-flammable, and have superior thermal properties, they are perfect for applications needing enhanced performance and safety. Fluorocarbon fluids can function throughout a broad temperature range and offer superior heat dissipation qualities compared to mineral oil.
Artificial or synthetic liquids designed to have particular thermal and electrical characteristics are becoming increasingly common in immersion cooling systems. They offer adjustable qualities including improved heat transfer and decreased flammability, but they are usually more costly than mineral oil and fluorocarbon liquids.
Deionised water is also utilized in immersion cooling, especially when a more effective and environmentally friendly alternative is needed. Water has high heat transfer characteristics but needs special caution due to its conductivity. Deionized water is also utilized in situations where sustainability and performance are crucial, but it needs special containment systems to prevent corrosion and electrical short circuiting.
North America Immersion Cooling Market Trends
Due to rising demands for energy efficiency and environmental sustainability, the immersion cooling industry in North America is expanding quickly. Immersion cooling is being used by data centers to meet strict standards and lessen their carbon footprint. As concerns about energy usage grow, businesses are looking for cooling technology that can improve performance while significantly lowering operational costs. Additionally, the rise of new technologies like edge computing, big data, and artificial intelligence (AI) in North America is driving the need for more effective cooling systems. Immersion cooling has improved heat management, enabling high-performance computing without the risk of thermal throttling. Additionally, the region's emphasis on waste heat use is a significant market trend as immersion cooling makes it easier to efficiently use excess heat for other purposes. All of these factors, combined with improvements in coolant and system designs, are driving the rapid growth of the North American immersion cooling market.
U.S. Immersion Cooling Market Trends
The U.S. immersion cooling market is taking off at full speed as its alignment with developing sustainability objectives and energy-efficient tech gains momentum. As data centers in the States expand to meet the demands of growing cloud computing, artificial intelligence, and big data processing, conventional air cooling techniques are falling behind and giving more weight to alternative, more sophisticated technologies like immersion cooling. This is especially relevant in the technology sector, as businesses strive to lower operating expenses and increase energy efficiency in order to meet legal requirements and organizational goals. Furthermore, the demand for cleaner technology that aids in the installation of immersion cooling systems is being supported by government policies and initiatives like those run by the Department of Energy. Another noteworthy development in the U.S. market is the rise in demand from bitcoin mining firms. As mining operations grow, controlling the heat produced by high-power mining equipment becomes increasingly important. In addition to extending hardware life and saving energy, immersion cooling is giving miners a practical and affordable solution to heat-related problems.
Europe Immersion Cooling Market Trends
The European immersion cooling industry is growing quickly due to stringent environmental restrictions and progressive approaches to green technology solutions. The Energy Efficiency Directive and the European Union's Green Deal have forced data centers and IT corporations to implement energy-efficient cooling systems in an attempt to lessen their carbon footprint. Immersion cooling's capacity to reduce waste heat and boost energy efficiency makes it a good fit for these environmental objectives.
The growing need for high-performance computing in fields like scientific simulation, blockchain, and artificial intelligence is another motivator for market growth. With sectors needing more intensive cooling solutions, immersion cooling systems are viewed as a perfect method for dealing with the heat that is produced. Furthermore, maximizing space utilization while lowering operational costs is a growing priority for data centers in Europe. The small design of immersion cooling systems, which permits greater space utilization, may be one of the best options for operators looking to maximize data center capacity without sacrificing sustainability criteria.
Asia Pacific Immersion Cooling Market Trends
The Asia Pacific immersion cooling market is expanding rapidly due to the growing digital revolution and the rising need for high-performance computers across a range of business verticals. The Asia-Pacific area is driving the adoption of new-age cooling systems due to its technological prowess, especially in nations like China, Japan, South Korea, and India. The surge in data output in Asia Pacific has increased need for energy-efficient, sustainable data center solutions. Because of their better heat management and reduced energy consumption, immersion cooling systems are being used more and more to support high-use scenarios like big data center operations and artificial intelligence, machine learning, and big data computing. The region is seeing a tremendous surge in cryptocurrency mining as nations like China and India grow as hubs. Immersion cooling is being used in heat-producing cryptocurrency mining operations to increase output, lower cooling expenses, and prolong the life of mining machinery. This tendency is also being fueled by the region's growing use of digital currency and blockchain technologies.
The Asia Pacific region's strong emphasis on sustainability and achieving climate change goals is also driving the need for effective cooling technology. The use of immersion cooling systems is also being fueled by laws and policies that encourage the development of green technology and the reduction of carbon emissions. Additionally, the growing edge computing infrastructure in South Korea and Japan is driving need for effective, scalable, and efficient cooling solutions. To satisfy these demands, immersion cooling effectively manages heat in small-scale, decentralized edge data centers.
CAGR 2025-2034 - Market by | Country |
India | 29.9% |
China | 25.0% |
UK | 24.8% |
USA | 24.2% |
Germany | 22.4% |
Canada | XX% |
France | XX% |
Italy | XX% |
Japan | 15.6% |
Australia | XX% |
Saudi Arabia | XX% |
Brazil | XX% |
Mexico | XX% |
The report gives a detailed analysis of the following key players in the global immersion cooling market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
Green Revolution Cooling, Inc., a top immersion cooling firm and provider of effective liquid cooling solutions for data centers and high-performance computing, was founded in 2009 and is headquartered in Austin, Texas, United States. Its proprietary method can save operating expenses, improve sustainability, and use less energy.
Founded in 1935 in Kawasaki, Japan, Fujitsu Limited is a world leader in technology and the company that first popularized immersion cooling in high-performance computing systems. In corporate and high-density data centers, its emphasis on green technology and innovation promotes high performance and low power consumption.
High-performance computing and immersion cooling solutions for data centers are the main areas of concentration for DUG Technology, which was founded in 2003 and has its headquarters in Perth, Australia. The goal of DUG's state-of-the-art cooling solutions is to support more sustainable initiatives while optimizing energy efficiency and performance for the mining, oil, and gas sectors.
Submer Technologies SL, which was founded in 2015 and has its headquarters in Barcelona, Spain, is known for providing cutting-edge immersion cooling solutions for edge computing and data centers. Their solutions put an emphasis on energy efficiency, sustainability, and lowering operating costs, which positions them as leaders in the rapidly growing worldwide immersion cooling sector.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
December 2024
India's first domestically produced single-phase liquid immersion cooling solutions have been introduced by Refroid technology Pvt. Ltd. (Refroid), a pioneer in cutting-edge industrial and comfort cooling technology. This ground-breaking invention puts Refroid at the forefront of environmentally friendly data center developments and meets the urgent need for energy-efficient cooling at a time of unheard-of data expansion.
October 2024
A range of single-phase immersion cooling fluids was unveiled by HF Sinclair's Lubricants & Specialties division. A line of dielectric heat management fluids called INNOVATE was created using patented, ultra-pure, Highly Refined Alkanes (HRA) technology. HRA provides broad compatibility with materials needed for immersed computation applications, while enabling remarkable heat transfer capabilities. The fluids' exceptional oxidative stability ensures dependable and steady performance while in use.
October 2024
Perstorp, a fully owned subsidiary of PETRONAS Chemicals Group Berhad (PCG), a leading global inventor in specialty chemicals, presented SynmerseTM DC, a high-performing cooling solution built on a synthetic fluid that is easily biodegradable. For data center immersion cooling solutions, this product provides improved cooling efficiency, decreased fluid maintenance, and increased operating safety. Additionally, it lowers the power required for cooling due to its superior thermal management and heat transfer efficiency.
June 2024
At MWC Shanghai 2024, ZTE Corporation, a world-renowned supplier of integrated information and communication technology solutions, revealed IceTank, their newest immersion cooling server. Specifically created for AI and high-performance computing data center scenarios that need for effective heat dissipation, it will showcase ZTE's most recent accomplishments in sustainable development and green energy-saving technological innovation.
The study on the immersion cooling market delivers detailed analysis on region and country-level perspective depending on specific contemporary industry trends. It considers various segments, such as service, product, application, and cooling liquid. By assessing all these segments, this report presents a thorough discussion of market drivers, regulations, and emerging opportunities observed in the market.
Service Outlook (Revenue, Million, 2025-2034)
Product Outlook (Revenue, Million, 2025-2034)
Cooling Fluid Outlook (Revenue, Million, 2025-2034)
Application Outlook (Revenue, Million, 2025-2034)
Region Outlook (Revenue, Million, 2025-2034)
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The current size of immersion cooling market is USD 295.40 Million.
The market is estimated to grow at a CAGR of 22.60% between 2025 and 2034.
The global immersion cooling market is expected to reach a value of USD 2266.29 Million by 2034.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include the investments in high-performance computing, the rising awareness regarding the benefits of immersion cooling, and the increasing penetration of artificial intelligence in medium and large enterprises.
The growing investments in crypto currency mining, the increasing R&D activities, and the rising demand for immersion cooling in high-performance computing are expected to propel the growth of the industry.
Design and consulting, installation and deployment, and support and maintenance are the different services of immersion cooling.
Single-phase immersion cooling system and two-phase immersion cooling system are the major product types of immersion cooling.
Mineral oil, fluorocarbon-based fluids, synthetic fluids, and deionised water, among others, are the various cooling fluids of immersion cooling.
High-performance computing, edge computing, cryptocurrency mining, and artificial intelligence, among others, are the significant applications of immersion cooling.
The key players considered in the market report are Green Revolution Cooling, Inc., Fujitsu Limited, DUG Technology, Submer Technologies SL, Asperitas BV, Midas Green Technologies, LiquidStack Holding B.V., Aecorsis BV, DCX POLSKA SP. Z O.O., LiquidCool Solutions, and STULZ GMBH, among others.
The major type of immersion cooling technology used in the global market is single phase immersion cooling.
The market for immersion cooling is expected to expand significantly over the forecast period due to rising use of high-performance computing, sustainability and environmental concerns, and increased need for energy-efficient solutions.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Service |
|
Breakup by Product |
|
Breakup by Cooling Fluid |
|
Breakup by Application |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share