Immersion Cooling Market A Global and Regional Analysis Table of Content
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Country Analysis Analysis and Forecast: 2022-2027
May 2022
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IMMERSION COOLING MARKET
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Table of Content Executive Summary .......................................................................... 16 Scope of the Study ........................................................................... 22 1.
Market ....................................................................................... 24 1.1
Industry Outlook .............................................................................................. 25
1.1.1 Market Definition ......................................................................................... 25 1.1.2 Case Study ................................................................................................... 27 1.1.2.1
Introduction ........................................................................................................ 27
1.1.2.2
Cost Comparison of Various Cooling Technologies .......................................... 31
1.1.2.3
Immersion Cooling Can Be a Better Alternative Method ................................... 31
1.1.3 Key Start-ups in the Global Immersion Cooling Market ........................... 32 1.1.4 Impact of COVID-19 on the Global Immersion Cooling Market ............... 33 1.2
Business Dynamics ......................................................................................... 34
1.2.1 Business Drivers ......................................................................................... 34 1.2.1.1
Increasing Need for Sustainable Cooling Solutions ........................................... 34
1.2.1.1.1
Increasing Government Initiatives for Carbon Neutral and Energy-Efficient Data Centers ........................................................................................................... 35
1.2.1.1.2
Need to Curb Water Usage due to Increasing Water Scarcity ................................ 36
1.2.1.1.3
Growing Number of Green and Smart City Projects ................................................ 37
Reduction in Operational Costs ......................................................................... 39
1.2.1.2.1
Extends Life of Equipment and Hardware ............................................................... 39
1.2.1.2.2
Resource Saving Technology .................................................................................. 40
1.2.1.2.3
Reduction of Floor Space Needed by Data Centers................................................ 40
1.2.2 Business Challenges .................................................................................. 41 1.2.2.1
Alternative Technologies Existing in the Market ................................................ 41
1.2.2.2
Additional Costs in Case of System Failures and Fluid Leakages .................... 42
1.2.2.2.1
Fluid Leakages Add to Costs ................................................................................... 43
1.2.2.2.2
Immersion Cooling Systems are Susceptible to Breakdowns ................................. 43 3
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1.2.1.2
1.2.2.2.3
1.2.2.3
Equipment and Hardware Need to be Pre-Designed and Modified......................... 43
Lack of Standardization ..................................................................................... 43
1.2.3 Business Strategies .................................................................................... 43 1.2.3.1
Product Development and Innovation ................................................................ 44
1.2.3.2
Business Expansion .......................................................................................... 45
1.2.4 Corporate Strategies ................................................................................... 46 1.2.4.1
Mergers and Acquisitions .................................................................................. 46
1.2.4.2
Partnerships, Collaborations, and Joint Ventures .............................................. 46
1.2.4.3
Others ................................................................................................................ 47
1.2.5 Business Opportunities .............................................................................. 48 1.2.5.1
Retrofitting Opportunities ................................................................................... 48
1.2.5.1.1
Increasing Efficiency of Existing Data Centers ........................................................ 48
1.2.5.1.2
Conversion of Old Buildings to Data Centers .......................................................... 49
1.2.5.2
Increasing Demand for Data Centers ................................................................ 50
1.2.5.2.1
Need for Edge, Colocation, and Hyperscale Data Center ....................................... 50
1.2.5.2.2
Growth in Penetration Rate of Internet and Cloud Services .................................... 51
1.2.5.2.3
Increased Rack Density ........................................................................................... 52
1.2.5.3
Increased Adoption of Blockchain Technologies and Growing Demand for Crypto Mining..................................................................................................... 52
2.
Application ................................................................................ 54 2.1
Global Immersion Cooling Market - by Application ...................................... 55
2.1.1 Blockchain ................................................................................................... 55
2.1.3 Data Center .................................................................................................. 56 2.1.3.1
Hyperscale Center ............................................................................................. 56
2.1.3.2
Enterprise .......................................................................................................... 57
2.1.3.3
Colocation Data Center ..................................................................................... 57
2.1.3.4
Others ................................................................................................................ 58
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2.1.2 High-Performance Computing.................................................................... 56
2.2
Demand Analysis of the Global Immersion Cooling Market (by Application) ...................................................................................................... 59
3.
Product...................................................................................... 60 3.1
Global Immersion Cooling Market - by Technology ..................................... 61
3.1.1 Single-Phase Immersion Cooling System ................................................. 61 3.1.2 Two-Phase Immersion Cooling System .................................................... 62 3.2
Demand Analysis of the Global Immersion Cooling Market (by Technology) ..................................................................................................... 64
3.3
Patent Analysis ................................................................................................ 64
3.3.1 Patent Analysis (by Patent Objective) ....................................................... 65 3.3.2 Patent Analysis (by Patent Office) ............................................................. 66 3.3.3 Patent Analysis (by Organization) ............................................................. 66 3.3.4 Patent
Analysis-Single-Phase
Immersion
Cooling
(by
Organizations) ............................................................................................. 67 3.3.5 Patent Analysis-2-Phase Immersion Cooling (by Organizations) ........... 67
4.
Region ....................................................................................... 68 4.1
Global Immersion Cooling Outlook ................................................................ 70
4.1.1 Global Data Centers .................................................................................... 70 4.1.2 Global Crypto Currency Mining.................................................................. 72 4.2
North America .................................................................................................. 74
4.2.1.1
Business Challenges ......................................................................................... 74
4.2.1.2
Business Drivers ................................................................................................ 74
4.2.2 Application ................................................................................................... 75 4.2.2.1
North America Immersion Cooling Market (by Application), $Million, 20212027 ................................................................................................................... 75
4.2.3 Product ......................................................................................................... 75
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4.2.1 Market ........................................................................................................... 74
4.2.3.1
North America Immersion Cooling Market (by Product), $Million, 20212027 ................................................................................................................... 75
4.2.4 North America (by Country) ....................................................................... 76 4.2.4.1
U.S. .................................................................................................................... 76
4.2.4.1.1
Market ...................................................................................................................... 76
4.2.4.1.1.1 Buyer Attributes ................................................................................................ 76 4.2.4.1.1.2 Key Immersion Cooling Providers in the U.S. .................................................. 77 4.2.4.1.1.3 Business Challenges ........................................................................................ 77 4.2.4.1.1.4 Business Drivers ............................................................................................... 77
4.2.4.2
Canada .............................................................................................................. 77
4.2.4.2.1
Market ...................................................................................................................... 77
4.2.4.2.1.1 Buyer Attributes ................................................................................................ 77 4.2.4.2.1.2 Key Immersion Cooling Providers in Canada ................................................... 78 4.2.4.2.1.3 Business Challenges ........................................................................................ 78 4.2.4.2.1.4 Business Drivers ............................................................................................... 78
4.2.4.3
Mexico ............................................................................................................... 78
4.2.4.3.1
Market ...................................................................................................................... 79
4.2.4.3.1.1 Buyer Attributes ................................................................................................ 79 4.2.4.3.1.2 Key Immersion Cooling Providers in Mexico .................................................... 79 4.2.4.3.1.3 Business Challenges ........................................................................................ 79 4.2.4.3.1.4 Business Drivers ............................................................................................... 79
4.3
Europe .............................................................................................................. 81
4.3.1.1
Business Challenges ......................................................................................... 81
4.3.1.2
Business Drivers ................................................................................................ 81
4.3.2 Application ................................................................................................... 82 4.3.2.1
Europe Immersion Cooling Market (by Application), $Million, 2021-2027 ......... 82
4.3.3 Product ......................................................................................................... 82 4.3.3.1
Europe Immersion Cooling Market (by Product), $Million, 2021-2027 .............. 82
4.3.4 Europe (by Country) .................................................................................... 83 6 All rights reserved at BIS Research Inc.
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4.3.1 Market ........................................................................................................... 81
4.3.4.1
Germany ............................................................................................................ 83
4.3.4.1.1
Market ...................................................................................................................... 84
4.3.4.1.1.1 Buyer Attributes ................................................................................................ 84 4.3.4.1.1.2 Key Immersion Cooling Providers in Germany ................................................ 84 4.3.4.1.1.3 Business Challenges ........................................................................................ 84 4.3.4.1.1.4 Business Drivers ............................................................................................... 85
4.3.4.2
France................................................................................................................ 85
4.3.4.2.1
Market ...................................................................................................................... 86
4.3.4.2.1.1 Buyer Attributes ................................................................................................ 86 4.3.4.2.1.2 Key Immersion Cooling Providers in France .................................................... 86 4.3.4.2.1.3 Business Challenges ........................................................................................ 86 4.3.4.2.1.4 Business Drivers ............................................................................................... 86
4.3.4.3
Spain.................................................................................................................. 86
4.3.4.3.1
Market ...................................................................................................................... 87
4.3.4.3.1.1 Buyer Attributes ................................................................................................ 87 4.3.4.3.1.2 Key Immersion Cooling Providers in Spain ...................................................... 87 4.3.4.3.1.3 Business Challenges ........................................................................................ 87 4.3.4.3.1.4 Business Drivers ............................................................................................... 87
4.3.4.4
Netherlands ....................................................................................................... 88
4.3.4.4.1
Market ...................................................................................................................... 88
4.3.4.4.1.1 Buyer Attributes ................................................................................................ 88 4.3.4.4.1.2 Key Immersion Cooling Providers in the Netherlands ...................................... 88 4.3.4.4.1.3 Business Challenges ........................................................................................ 89
4.3.4.5
Rest-of-Europe .................................................................................................. 89
4.3.4.5.1
Market ...................................................................................................................... 90
4.3.4.5.1.1 Buyer Attributes ................................................................................................ 90 4.3.4.5.1.2 Key Immersion Cooling Providers in Rest-of-Europe ....................................... 90 4.3.4.5.1.3 Business Challenges ........................................................................................ 90 4.3.4.5.1.4 Business Drivers ............................................................................................... 90
4.4
U.K. ................................................................................................................... 92 7
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4.3.4.4.1.4 Business Drivers ............................................................................................... 89
4.4.1 Market ........................................................................................................... 93 4.4.1.1
Buyer Attributes ................................................................................................. 93
4.4.1.2
Key Immersion Cooling Providers in the U.K. .................................................... 93
4.4.1.3
Business Challenges ......................................................................................... 93
4.4.1.4
Business Drivers ................................................................................................ 93
4.4.2 Application ................................................................................................... 94 4.4.2.1
U.K. Immersion Cooling Market (by Application), $Million, 2021-2027 .............. 94
4.4.3 Product ......................................................................................................... 94 4.4.3.1
4.5
U.K. Immersion Cooling Market (by Product), $Million, 2021-2027 ................... 94
China ................................................................................................................. 96
4.5.1 Market ........................................................................................................... 97 4.5.1.1
Buyer Attributes ................................................................................................. 97
4.5.1.2
Key Immersion Cooling Providers in China ....................................................... 97
4.5.1.3
Business Challenges ......................................................................................... 97
4.5.1.4
Business Drivers ................................................................................................ 97
4.5.2 Application ................................................................................................... 98 4.5.2.1
China Immersion Cooling Market (by Application), $Million, 2021-2027 ........... 98
4.5.3 Product ......................................................................................................... 98 4.5.3.1
4.6
China Immersion Cooling Market (by Product), $Million, 2021-2027 ................ 98
Asia-Pacific and Japan .................................................................................. 100
4.6.1.1
Business Challenges ....................................................................................... 101
4.6.1.2
Business Drivers .............................................................................................. 101
4.6.2 Application ................................................................................................. 101 4.6.2.1
Asia-Pacific and Japan Immersion Cooling Market (by Application), $Million, 2021-2027 ......................................................................................... 101
4.6.3 Product ....................................................................................................... 102 4.6.3.1
Asia-Pacific and Japan Immersion Cooling Market (by Product), $Million, 2021-2027........................................................................................................ 102 8
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4.6.1 Market ......................................................................................................... 101
4.6.4 Asia-Pacific and Japan (by Country) ....................................................... 102 4.6.4.1
India ................................................................................................................. 102
4.6.4.1.1
Market .................................................................................................................... 103
4.6.4.1.1.1 Buyer Attributes .............................................................................................. 103 4.6.4.1.1.2 Key Immersion Cooling Providers in India...................................................... 103 4.6.4.1.1.3 Business Challenges ...................................................................................... 104 4.6.4.1.1.4 Business Drivers ............................................................................................. 104
4.6.4.2
Taiwan ............................................................................................................. 104
4.6.4.2.1
Market .................................................................................................................... 104
4.6.4.2.1.1 Buyer Attributes .............................................................................................. 104 4.6.4.2.1.2 Key Immersion Cooling Providers in Taiwan .................................................. 105 4.6.4.2.1.3 Business Challenges ...................................................................................... 105 4.6.4.2.1.4 Business Drivers ............................................................................................. 105
4.6.4.3
Singapore ........................................................................................................ 105
4.6.4.3.1
Market .................................................................................................................... 106
4.6.4.3.1.1 Buyer Attributes .............................................................................................. 106 4.6.4.3.1.2 Key Immersion Cooling Providers in Singapore ............................................. 106 4.6.4.3.1.3 Business Challenges ...................................................................................... 106 4.6.4.3.1.4 Business Drivers ............................................................................................. 106
4.6.4.4
Japan ............................................................................................................... 107
4.6.4.4.1
Market .................................................................................................................... 107
4.6.4.4.1.1 Buyer Attributes .............................................................................................. 107 4.6.4.4.1.2 Key Immersion Cooling Providers in Japan.................................................... 108
4.6.4.4.1.4 Business Drivers ............................................................................................. 108
4.6.4.5
Australia ........................................................................................................... 108
4.6.4.5.1
Market .................................................................................................................... 109
4.6.4.5.1.1 Buyer Attributes .............................................................................................. 109 4.6.4.5.1.2 Key Immersion Cooling Providers in Australia ............................................... 109 4.6.4.5.1.3 Business Challenges ...................................................................................... 109 4.6.4.5.1.4 Business Drivers ............................................................................................. 109 9 All rights reserved at BIS Research Inc.
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4.6.4.4.1.3 Business Challenges ...................................................................................... 108
4.6.4.6
Rest-of-Asia-Pacific and Japan ....................................................................... 110
4.6.4.6.1
Market .................................................................................................................... 110
4.6.4.6.1.1 Buyer Attributes .............................................................................................. 110 4.6.4.6.1.2 Key Immersion Cooling Providers in Rest-of-Asia-Pacific and Japan ............ 110 4.6.4.6.1.3 Business Challenges ...................................................................................... 110 4.6.4.6.1.4 Business Drivers ............................................................................................. 111
4.7
Rest-of-the-World .......................................................................................... 113
4.7.1 Market ......................................................................................................... 113 4.7.1.1
Buyer Attributes ............................................................................................... 113
4.7.1.2
Business Challenges ....................................................................................... 113
4.7.1.3
Business Drivers .............................................................................................. 114
4.7.2 Application ................................................................................................. 114 4.7.2.1
Rest-of-the-World Immersion Cooling Market (by Application), $Million, 2021-2027........................................................................................................ 114
4.7.3 Product ....................................................................................................... 114 4.7.3.1
Rest-of-the-World Immersion Cooling Market (by Product), $Million, 20212027 ................................................................................................................. 114
4.7.4 Rest-of-the-World (by Country) ................................................................ 115 4.7.4.1
Middle East and Africa ..................................................................................... 115
4.7.4.1.1
Market .................................................................................................................... 116
4.7.4.1.1.1 Buyer Attributes .............................................................................................. 116 4.7.4.1.1.2 Key Immersion Cooling Providers in Middle East and Africa ......................... 116 4.7.4.1.1.3 Business Challenges ...................................................................................... 116
4.7.4.2
South America ................................................................................................. 117
4.7.4.2.1
Market .................................................................................................................... 117
4.7.4.2.1.1 Buyer Attributes .............................................................................................. 117 4.7.4.2.1.2 Key Immersion Cooling Providers in South America ...................................... 117 4.7.4.2.1.3 Business Challenges ...................................................................................... 117 4.7.4.2.1.4 Business Drivers ............................................................................................. 118 10 All rights reserved at BIS Research Inc.
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4.7.4.1.1.4 Business Drivers ............................................................................................. 116
5.
List of Key Companies ............................................................. 119
6.
Research Methodology ............................................................. 122 6.1
Data Sources .................................................................................................. 122
6.1.1 Primary Data Sources ............................................................................... 122 6.1.2 Secondary Data Sources .......................................................................... 122 6.1.3 Data Triangulation ..................................................................................... 123 6.2
Market Estimation and Forecast ................................................................... 124
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6.2.1 Factors for Data Prediction and Modelling ............................................. 124
List of Figures Figure 1:
Global Immersion Cooling Market, $Million, 2021-2027
Figure 2:
Market Drivers and Challenges in the Global Immersion Cooling Market
Figure 3:
Global Immersion Cooling Market (by Technology), $Million, 2021-2027
Figure 4:
Global Immersion Cooling Market (by Application), $Million, 2021-2027
Figure 5:
Global Immersion Cooling Market (by Region), $Million, 2021
Figure 6:
Immersion Cooling Market Coverage
Figure 7:
Monthly Expenditures by Data Centers on Cooling Servers
Figure 8:
Key Performance Indicators for Data Centers
Figure 9:
Power Usage Efficiency Comparison
Figure 10: Requirements for Retrofitting a Data Center Figure 11: Water Consumption by Leading Cloud Service Providers Figure 12: Share of Key Market Strategies and Developments, 2019-2022 Figure 13: Product Development and Innovation (by Company), 2019-2022 Figure 14: Business Expansion (by Company), 2019-2022 Figure 15: Partnerships, Collaborations, and Joint Ventures (by Company), 2019-2022 Figure 16: Estimated World Population and Number of Smart Devices Connected to the Internet, 2022-2025 Figure 17: Number of Cryptocurrencies Worldwide, 2013-2022 Figure 18: Single-Phase Immersion Cooling System Diagram Figure 19: Two-Phase Immersion Cooling System Diagram Figure 20: Year-Wise Patents Filed or Granted for Data Center Liquid Cooling January 2017-April 2022 Figure 21: Patents by Patent Objective 2017- April 2022 Figure 22: Patent Analysis, (by Patent Office), January 2017-April 2022 Figure 23: Patent Analysis, (by Organization), January 2017-April 2022 Figure 24: Patent Analysis, (by Organization), January 2017-April 2022
Figure 26: Number of Data Centers, January 2022 Figure 27: Data Triangulation Figure 28: Top-Down and Bottom-Up Approach Figure 29: Assumptions and Limitations
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Figure 25: Internet Penetration Rate, (by Region), 2021
List of Tables Table 1:
Data Center Retrofitting Project Lifecycle Stages
Table 2:
Cost Comparison and Payback Periods of Different Cooling Methods, $, April 2022
Table 3:
Key Start-ups and their Role in the Global Immersion Cooling Market
Table 4:
Recent Developments in Major Smart Cities Globally
Table 5:
Recent Developments by Leading Companies Toward Data Center Cooling, 2019-2022
Table 6:
Global Immersion Cooling Market (by Application), $Million, 2021-2027
Table 7:
Comparison between Hydrocarbon Cooling Liquid and Fluorocarbon Cooling Liquid
Table 8:
Comparison between Single-Phase and Two-Phase Immersion Cooling Systems
Table 9:
Global Immersion Cooling Market (by Technology), $Million, 2021 -2027
Table 10: Immersion Cooling Market (by Region), $Million, 2021-2027 Table 11: North America Immersion Cooling Market (by Application), $Million, 2021-2027 Table 12: North America Immersion Cooling Market (by Technology), $Million, 2021-2027 Table 13: North America Immersion Cooling Market (by Country), $Million, 2021-2027 Table 14: Europe Immersion Cooling Market (by Application), $Million, 2021-2027 Table 15: Europe Immersion Cooling Market (by Technology), $Million, 2021-2027 Table 16: Europe Immersion Cooling Market (by Country), $Million, 2021-2027 Table 17: U.K. Immersion Cooling Market (by Application), $Million, 2021-2027 Table 18: U.K. Immersion Cooling Market (by Technology), $Million, 2021-2027 Table 19: China Immersion Cooling Market (by Application), $Million, 2021-2027 Table 20: China Immersion Cooling Market (by Technology), $Million, 2021-2027 Table 21: Asia-Pacific and Japan Immersion Cooling Market (by Application), $Million, 2021-2027 Table 22: Asia-Pacific and Japan Immersion Cooling Market (by Technology), $Million, 2021-2027 Table 23: Asia-Pacific and Japan Immersion Cooling Market (by Country), $Million, 2021-2027 Table 24: Rest-of-the-World Immersion Cooling Market (by Application), $Million, 2021-2027
Table 26: Rest-of-the-World Immersion Cooling Market (by Country), $Million, 2021-2027 Table 27: Key Companies and their Products in the Global Immersion Cooling Market
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Table 25: Rest-of-the-World Immersion Cooling Market (by Technology), $Million, 2021-2027
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