The Global Immersion Cooling Market is expected to grow at a compound annual growth rate of 22.90% in the forecast period of 2020 to 2027 and is likely to reach USD 865.48 million by 2027. The rise in the demand of the immersion cooling for keeping the computer systems cool as the immersion cooling help in cutting the energy consumption and dropping carbon dioxide emissions is a significant factor driving the market growth rate.
Likewise, the high adoption in low density data centers and development of cooling solutions for use in harsh environments will produce lucrative opportunities for the growth of the immersion cooling market.
According to Data Bridge Market Research the market for immersion cooling is expected to gain growth because of the increase in the need for cost-effective cooling solutions. Also the rise in the need for eco-friendly data center cooling solutions and rise in global IP traffic and the demand for supercomputers are also expected to fuel the demand of the immersion cooling market over the forecast period of 2020 to 2027. Whereas, the need of additional and specialized infrastructure and lack of recognition from various end users are expected to hinder the growth of the immersion cooling market in the aforementioned forecast period.
Now the question is which are the other regions that immersion cooling market is targeting? Data Bridge Market Research has estimated large growth in the Asia-Pacific due to high demand for data centers, increase in the number of AI application and rise in the power consumption.
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Immersion cooling market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of immersion cooling companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-immersion-cooling-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Immersion Cooling Market – Industry Trends and Forecast to 2027