Home » Information and Communications Technology » Technology & Media » Data Center Immersion Cooling Market

Data Center Immersion Cooling Market By Offering (Solution, Service); By Cooling Technique (Single-phase Cooling, Two-phase Cooling); By Cooling Fluid (Mineral Oil, Synthetic Fluid, Fluorocarbons-based Fluid); By Organization Size (SME, Large Enterprises); By Application (Hyperscale, Supercomputing, Enterprise HPC, Cryptocurrency, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Price: $4699

Published: | Report ID: 115743 | Report Format : Excel, PDF

Market Overview:

The Data Center Immersion Cooling market size was valued at USD 691.01 million in 2018, increased to USD 1,487.18 million in 2024, and is anticipated to reach USD 6,447.73 million by 2032, at a CAGR of 18.77% during the forecast period.

REPORT ATTRIBUTE DETAILS
Historical Period 2020-2023
Base Year 2024
Forecast Period 2025-2032
Data Center Immersion Cooling Market Size 2024 USD 1,487.18 million
Data Center Immersion Cooling Market, CAGR 18.77%
Data Center Immersion Cooling Market Size 2032 USD 6,447.73 million

 

The Data Center Immersion Cooling market is led by key players such as Asperitas, Bitfury Group, DCX Liquid Cooling Company, Fujitsu, Green Revolution Cooling, Inspur, LiquidCool Solutions, Midas Immersion Cooling, Submer, and Vertiv. These companies are driving innovation through advanced fluid technologies, modular system designs, and strategic partnerships to address rising demand for energy-efficient cooling. North America dominates the global market, accounting for 43.4% of the total revenue in 2024, supported by widespread adoption of hyperscale data centers and early integration of next-generation cooling technologies. Asia Pacific follows as the fastest-growing region, driven by data center expansion and digital transformation.\

Market Insights

  • The Data Center Immersion Cooling market was valued at USD 1,487.18 million in 2024 and is projected to reach USD 6,447.73 million by 2032, growing at a CAGR of 18.77% during the forecast period.
  • Growth is driven by rising demand for high-performance computing, increasing power density in data centers, and the need for energy-efficient cooling solutions, particularly in hyperscale and enterprise-level facilities.
  • Market trends include the rapid adoption of single-phase cooling systems, dominating with over 60% share, and growing preference for mineral oil-based fluids due to affordability and performance reliability.
  • Competitive players such as Asperitas, Submer, Vertiv, and Fujitsu are advancing through product innovation and strategic partnerships, while new entrants like DCX Liquid Cooling and Midas target niche segments like cryptocurrency mining.
  • North America leads with 43.4% market share in 2024, followed by Europe at 27.6% and Asia Pacific at 21.0%, the latter also being the fastest-growing region due to rapid digital expansion.

Design Element 2

Access crucial information at unmatched prices!

Request your sample report today & start making informed decisions powered by Credence Research!

Download Sample

CTA Design Element 3

Market Segmentation Analysis:

By Component

In the Data Center Immersion Cooling market, the solution segment holds the dominant market share, accounting for over 65% of the total revenue in 2024. This dominance is driven by the increasing deployment of comprehensive cooling systems that include tanks, power distribution units, and integrated monitoring software. As data centers grow in size and density, operators prefer end-to-end immersion cooling solutions that offer high efficiency, reduced energy consumption, and simplified management. The service segment is also gaining momentum due to the rising demand for maintenance, installation, and system optimization support.

  • For instance, Submer Technologies has deployed over 1,500 SmartPodX units globally, offering modular immersion cooling systems that integrate real-time monitoring, leak prevention, and smart power distribution in one solution.

By Cooling Technique:

The single-phase cooling technique leads the market, contributing more than 60% of the market share in 2024. Its prominence stems from lower operational complexity, safety advantages, and cost-effective implementation compared to two-phase systems. Single-phase cooling involves non-volatile dielectric fluids, which remain in a liquid state and reduce risks of leakage and evaporation. This technique is widely adopted in enterprise and hyperscale data centers seeking reliable and scalable cooling methods. The two-phase cooling segment is expanding steadily, driven by its higher heat removal efficiency and suitability for high-performance computing environments.

  • For instance, Green Revolution Cooling has implemented over 200 deployments using single-phase cooling, each achieving an average PUE of 1.03 across enterprise-level data centers.

By Cooling Fluid:

Among the cooling fluid types, mineral oil dominates the market, representing approximately 50% of the revenue share in 2024. Its widespread adoption is attributed to its low cost, chemical stability, and availability for use in single-phase immersion cooling systems. Mineral oil offers reliable thermal performance and electrical insulation, making it a preferred choice for large-scale deployments. Meanwhile, synthetic fluids and fluorocarbons-based fluids are gaining traction due to their enhanced heat transfer capabilities and compatibility with both cooling techniques, particularly in high-performance and mission-critical data centers.

Market Overview

Rising Demand for High-Performance Computing (HPC):

The increasing adoption of high-performance computing in applications such as AI, machine learning, and big data analytics is significantly driving the need for efficient cooling technologies. Immersion cooling enables superior thermal management of dense computing systems by directly submerging hardware in non-conductive liquids, reducing heat more effectively than traditional air cooling. As HPC workloads demand greater processing power and generate more heat, data center operators are turning to immersion cooling to ensure system reliability and energy efficiency.

  • For instance, Fujitsu’s HPC systems running PRIMEHPC FX700 have integrated immersion cooling in AI research labs, achieving thermal performance efficiency for systems running over 384 cores per node without traditional air circulation.

Energy Efficiency and Sustainability Goals:

Global focus on reducing carbon footprints and meeting sustainability targets has accelerated the demand for immersion cooling solutions. These systems drastically lower power consumption by eliminating the need for fans and complex air-conditioning infrastructure. The resulting reduction in power usage effectiveness (PUE) supports data centers in meeting environmental regulations and sustainability goals. With rising energy costs and stricter emissions standards, immersion cooling is emerging as a preferred technology to achieve operational efficiency and green certification.

  • For instance, Asperitas has helped clients reduce energy usage by 50,000 kWh annually per deployment by integrating its AIC24 immersion cooling solution, aligning data center operations with ISO 50001 energy efficiency targets.

Rapid Expansion of Hyperscale and Edge Data Centers:

The proliferation of hyperscale and edge data centers worldwide is fueling the adoption of advanced cooling solutions. Hyperscale facilities, which house thousands of servers, generate substantial heat and require scalable, efficient cooling systems. Immersion cooling provides the thermal reliability and space-saving benefits essential for these deployments. Similarly, edge data centers located in constrained environments benefit from immersion cooling’s silent, compact design. This trend is expected to continue as digital transformation drives demand for low-latency data processing across diverse geographies.

Key Trends & Opportunities

Emergence of Two-Phase Cooling for HPC Applications:

Two-phase immersion cooling is gaining traction in high-density computing environments due to its exceptional thermal efficiency. This technique involves fluids that evaporate and condense within a closed system, offering enhanced heat dissipation capabilities. While more complex and costly, it is increasingly viewed as a viable option for mission-critical applications like supercomputing and AI training. Ongoing advancements in fluid technology and system design are expected to make two-phase cooling more commercially viable, opening up new opportunities in performance-intensive sectors.

  • For instance, 3M has developed Novec engineered fluids specifically for two-phase immersion cooling, capable of handling thermal loads exceeding 300 watts per chip in AI training clusters used by major tech firms.

Growing Adoption Across Cryptocurrency Mining Facilities:

Cryptocurrency mining operations are rapidly adopting immersion cooling to manage the intense heat generated by ASICs and GPUs. With rising electricity costs and competitive mining margins, operators are turning to this technology for its ability to enhance hardware lifespan, improve energy efficiency, and reduce noise levels. The trend is especially prominent in regions where environmental regulations are pushing mining firms to reduce energy consumption. As digital currencies remain in demand, immersion cooling presents a key opportunity in this niche but expanding segment.

  • For instance, Bitfury has implemented immersion cooling in its mining farms across Georgia, achieving thermal stability that extended ASIC operational lifetime by over 35%, while also cutting acoustic output by more than 20 decibels.

Key Challenges

High Initial Capital Investment:

One of the major barriers to widespread adoption of immersion cooling is the high upfront cost of system installation. This includes custom tanks, fluid procurement, and retrofitting existing data center infrastructure. For small and medium enterprises with limited budgets, these costs can be prohibitive despite long-term energy savings. Convincing stakeholders to invest in new technologies without immediate ROI remains a key hurdle, slowing adoption across less capital-intensive sectors.

Compatibility and Standardization Issues:

Immersion cooling systems often require customized designs to accommodate different server configurations and components. Lack of industry-wide standards poses integration challenges for data center operators. Concerns over material compatibility, fluid degradation, and maintenance practices further complicate deployment. Without standardized equipment and protocols, vendors and operators face increased engineering efforts and operational risk, which can discourage mass-scale implementation.

Limited Awareness and Technical Expertise:

Despite its advantages, immersion cooling remains relatively unfamiliar to many data center operators and IT managers. Limited industry knowledge and lack of hands-on expertise can result in hesitance toward adoption. Furthermore, specialized training is needed to manage, monitor, and maintain these systems effectively. The slow diffusion of knowledge and skills across the sector remains a challenge, especially in emerging markets where conventional cooling is still dominant.

Regional Analysis

North America:

North America held the largest share in the Data Center Immersion Cooling market, accounting for approximately 43.4% of the global revenue in 2024, with a market value of USD 645.16 million, up from USD 302.90 million in 2018. The region is projected to reach USD 2,804.83 million by 2032, growing at a CAGR of 18.8%. This growth is fueled by the rising deployment of hyperscale data centers and early adoption of advanced cooling technologies in the U.S. and Canada. Strong investments in AI, cloud services, and sustainability initiatives continue to drive market expansion across the region.

Europe:

Europe represented around 27.6% of the global market in 2024, with revenues rising from USD 197.86 million in 2018 to USD 410.63 million in 2024. The market is expected to grow at a CAGR of 17.9%, reaching USD 1,677.14 million by 2032. The region’s growth is supported by strong regulatory pressures to reduce energy consumption in data centers and the push for green IT infrastructure. Countries like Germany, the UK, and the Netherlands are key contributors due to their robust data center ecosystems and investments in sustainable digital transformation.

Asia Pacific:

Asia Pacific is the fastest-growing region in the Data Center Immersion Cooling market, with a CAGR of 20.6%. The market grew from USD 134.21 million in 2018 to USD 312.85 million in 2024, and is projected to reach USD 1,534.59 million by 2032, capturing a 21.0% share in 2024. Rapid digitization, increased investments in hyperscale infrastructure, and expanding demand for high-performance computing in China, India, and Japan are key drivers. Additionally, rising electricity costs and space constraints are accelerating the adoption of more energy-efficient cooling methods across the region.

Latin America:

Latin America held a modest 4.6% share of the global Data Center Immersion Cooling market in 2024, with revenue rising from USD 31.95 million in 2018 to USD 67.88 million. The market is expected to reach USD 259.73 million by 2032, growing at a CAGR of 16.9%. Increasing digitalization in countries such as Brazil, Mexico, and Chile, along with rising adoption of cloud-based services, is supporting data center expansion. Though infrastructure challenges remain, the push for modernizing IT ecosystems and improving energy efficiency presents opportunities for immersion cooling adoption in the region.

Middle East:

In 2024, the Middle East accounted for 2.1% of the global Data Center Immersion Cooling market, with revenue rising from USD 15.98 million in 2018 to USD 30.81 million. The market is projected to grow at a CAGR of 15.6%, reaching USD 107.78 million by 2032. The region’s growth is primarily driven by increasing investments in digital infrastructure, particularly in the UAE and Saudi Arabia. As governments pursue smart city initiatives and cloud service providers expand their footprint, demand for efficient and space-optimized cooling solutions is expected to grow steadily.

Africa:

Africa represented the smallest share of the market in 2024, accounting for approximately 1.3%, with revenue increasing from USD 8.11 million in 2018 to USD 19.86 million. The market is forecasted to reach USD 63.66 million by 2032, expanding at a CAGR of 14.3%. Growth in the region is largely fueled by digital infrastructure development in countries like South Africa, Nigeria, and Kenya. Although adoption is at a nascent stage due to limited awareness and high capital costs, the rising demand for local data processing and cloud services is gradually opening opportunities for immersion cooling deployment.

Market Segmentations:

By Component

  • Solution
  • Service

By Cooling Technique

  • Single-phase cooling
  • Two-phase cooling

By Cooling Fluid

  • Mineral oil
  • Synthetic fluid
  • Fluorocarbons-based fluid

By Organization Size

  • SME
  • Large enterprises

By Application

  • Hyperscale
  • Supercomputing
  • Enterprise HPC
  • Cryptocurrency
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

Competitive Landscape

The competitive landscape of the Data Center Immersion Cooling market is characterized by a mix of established technology firms and specialized cooling solution providers striving to gain market share through innovation and strategic partnerships. Key players such as Asperitas, Submer, and Green Revolution Cooling lead the market with proprietary immersion cooling technologies designed to meet the growing demand for energy efficiency and thermal management in high-density data centers. Companies like Fujitsu and Vertiv leverage their global presence and infrastructure expertise to deliver scalable and integrated cooling systems. Emerging players such as DCX Liquid Cooling and Midas Immersion Cooling are gaining traction through cost-effective solutions tailored for cryptocurrency mining and small-scale deployments. Strategic initiatives such as product development, mergers, and R&D investments are central to competitive positioning. As demand intensifies across hyperscale, enterprise, and edge environments, market participants are focused on enhancing fluid efficiency, system compatibility, and deployment flexibility to cater to a broad customer base.

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Key Player Analysis

  • Asperitas
  • Bitfury Group
  • DCX Liquid Cooling Company
  • Fujitsu
  • Green Revolution Cooling
  • Inspur
  • LiquidCool Solutions
  • Midas Immersion Cooling
  • Submer
  • Vertiv

Recent Developments

  • In October 2024, Submer received a total of USD 55.5 million to expand immersion cooling technologies that power AI manufacturing and AI data centers. This investment will enable the company to grow and come up with more green cooling technology.
  • In October 2024, Zero Two and Submer announced a collaboration, which would fast-track the expansion of AI development in the UAE by use of immersion cooling processes. This partnership improves the effectiveness and viability of Middle East data centers.
  • In September 2024, LiquidStack raised a further USD 20 million, a total amount of USD 35 million of Serious B funding through Tiger Global. The money will be utilized to increase production capacity and to offer more product lines in immersion cooling AI data centers worldwide.
  • In September 2024, Stellium Datacenters joined forces with Submer and ExxonMobil on an Open Compute Project. The partnership combines the immersion cooling practices at Submer and ExxonMobil DC 3235 Super cooling fluid in a bid to improve the efficiency.
  • In August 2024, Baltimore Aircoil Company (BAC) announced a global exclusive licensing agreement with DUG Technology of immersion-cooling technology. The collaboration supports the changing cooling requirements that are prompted by augmented heat loads of AI and machine learning deployments.

Market Concentration & Characteristics

The Data Center Immersion Cooling Market exhibits a moderately concentrated structure, with a mix of global technology leaders and specialized providers competing for market share. Key players such as Asperitas, Submer, Green Revolution Cooling, and Vertiv lead with proprietary technologies and strong project portfolios. It is characterized by high entry barriers due to the capital-intensive nature of infrastructure development and the need for specialized engineering capabilities. The market favors companies with robust R&D, established partnerships with data center operators, and fluid technology expertise. Competitive differentiation centers on cooling efficiency, system compatibility, deployment flexibility, and sustainability performance. Firms offering scalable, modular systems and low-maintenance designs hold a competitive advantage. Demand concentrates in regions with high-density data centers, particularly North America and Asia Pacific, where hyperscale development and digital transformation initiatives drive growth. It responds to energy efficiency mandates and the operational challenges of high-performance computing. Buyers prioritize long-term cost savings, thermal reliability, and environmental compliance when selecting vendors.

Report Coverage

The research report offers an in-depth analysis based on Component, Cooling Technique, Cooling Fluid, Organization Size, Application and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

  1. The market will continue to expand rapidly driven by demand for efficient thermal management in high-density data centers.
  2. Single-phase immersion cooling will maintain its dominance due to lower complexity and operational stability.
  3. Two-phase cooling will gain momentum in high-performance computing and supercomputing environments.
  4. Hyperscale and edge data centers will remain key adopters of immersion cooling technologies.
  5. North America will retain the largest market share, while Asia Pacific will emerge as the fastest-growing region.
  6. Companies will focus on developing eco-friendly and high-performance cooling fluids to meet regulatory standards.
  7. Strategic collaborations between cooling technology providers and data center operators will intensify.
  8. Modular and scalable immersion cooling systems will gain popularity for ease of deployment and cost efficiency.
  9. Increased emphasis on sustainability and energy efficiency will drive greater adoption across regions.
  10. The market will see growing investments in R&D to enhance system compatibility and reduce fluid degradation.

CHAPTER NO. 1: GENESIS OF THE MARKET     

1.1 Market Prelude – Introduction & Scope

1.2 The Big Picture – Objectives & Vision

1.3 Strategic Edge – Unique Value Proposition

1.4 Stakeholder Compass – Key Beneficiaries

CHAPTER NO. 2: EXECUTIVE LENS

2.1 Pulse of the Industry – Market Snapshot

2.2 Growth Arc – Revenue Projections (USD Million)

2.3. Premium Insights – Based on Primary Interviews

CHAPTER NO. 3: DATA CENTER IMMERSION COOLING MARKET FORCES & INDUSTRY PULSE

3.1 Foundations of Change – Market Overview
3.2 Catalysts of Expansion – Key Market Drivers
3.2.1 Momentum Boosters – Growth Triggers
3.2.2 Innovation Fuel – Disruptive Technologies
3.3 Headwinds & Crosswinds – Market Restraints
3.3.1 Regulatory Tides – Compliance Challenges
3.3.2 Economic Frictions – Inflationary Pressures
3.4 Untapped Horizons – Growth Potential & Opportunities
3.5 Strategic Navigation – Industry Frameworks
3.5.1 Market Equilibrium – Porter’s Five Forces
3.5.2 Ecosystem Dynamics – Value Chain Analysis
3.5.3 Macro Forces – PESTEL Breakdown

3.6 Price Trend Analysis

    3.6.1 Regional Price Trend
3.6.2 Price Trend by product

CHAPTER NO. 4: KEY INVESTMENT EPICENTER         

4.1 Regional Goldmines – High-Growth Geographies

4.2 Product Frontiers – Lucrative Product Categories

4.3 Application Sweet Spots – Emerging Demand Segments

CHAPTER NO. 5: REVENUE TRAJECTORY & WEALTH MAPPING

5.1 Momentum Metrics – Forecast & Growth Curves

5.2 Regional Revenue Footprint – Market Share Insights

5.3 Segmental Wealth Flow – Component & Cooling Technique Revenue

CHAPTER NO. 6:       TRADE & COMMERCE ANALYSIS

6.1.      Import Analysis by Region

6.1.1.    Global Data Center Immersion Cooling Market Import Revenue By Region

6.2.      Export Analysis by Region

6.2.1.    Global Data Center Immersion Cooling Market Export Revenue By Region

CHAPTER NO. 7: COMPETITION ANALYSIS       

7.1.      Company Market Share Analysis

7.1.1.    Global Data Center Immersion Cooling Market: Company Market Share

7.2.      Global Data Center Immersion Cooling Market Company Revenue Market Share

7.3.      Strategic Developments

7.3.1.    Acquisitions & Mergers

7.3.2.    New Product Launch

7.3.3.    Regional Expansion

7.4.      Competitive Dashboard

7.5.    Company Assessment Metrics, 2024

CHAPTER NO. 8: DATA CENTER IMMERSION COOLING MARKET – BY COMPONENT SEGMENT ANALYSIS

8.1.      Data Center Immersion Cooling Market Overview by Component Segment

8.1.1.    Data Center Immersion Cooling Market Revenue Share By Component

8.2.      Solution

8.3.      Service

CHAPTER NO. 9: DATA CENTER IMMERSION COOLING MARKET – BY COOLING TECHNIQUE SEGMENT ANALYSIS    

9.1.      Data Center Immersion Cooling Market Overview by Cooling Technique Segment

9.1.1.    Data Center Immersion Cooling Market Revenue Share By Cooling Technique

9.2.      Single phase cooling

9.3.      Two-phase cooling

CHAPTER NO. 10: DATA CENTER IMMERSION COOLING MARKET – BY COOLING FLUID SEGMENT ANALYSIS   

10.1.     Data Center Immersion Cooling Market Overview by Cooling Fluid Segment

10.1.1.  Data Center Immersion Cooling Market Revenue Share By Cooling Fluid

10.2.     Mineral oil

10.3.     Synthetic fluid

10.4.     Fluorocarbons-based fluid

CHAPTER NO. 11:     DATA CENTER IMMERSION COOLING MARKET – BY ORGANIZATION SIZE SEGMENT ANALYSIS      

11.1.     Data Center Immersion Cooling Market Overview by Organization Size Segment

11.1.1.  Data Center Immersion Cooling Market Revenue Share By Organization Size

11.2.     SME

11.3.     Large enterprises

CHAPTER NO. 12: DATA CENTER IMMERSION COOLING MARKET – BY APPLICATION SEGMENT ANALYSIS

12.1.     Data Center Immersion Cooling Market Overview by Application Segment

12.1.1.  Data Center Immersion Cooling Market Revenue Share By Application

12.2.     Hyperscale

12.3.     Supercomputing

12.4.     Enterprise HPC

12.5.     Cryptocurrency

12.6.     Others

CHAPTER NO. 13: DATA CENTER IMMERSION COOLING MARKET – REGIONAL ANALYSIS        

13.1.     Data Center Immersion Cooling Market Overview by Region Segment

13.1.1.  Global Data Center Immersion Cooling Market Revenue Share By Region

13.1.2.  Regions

13.1.3.  Global Data Center Immersion Cooling Market Revenue By Region

13.1.4.  Component

13.1.5.  Global Data Center Immersion Cooling Market Revenue By Component

13.1.6.  Cooling Technique

13.1.7.  Global Data Center Immersion Cooling Market Revenue By Cooling Technique

13.1.8.  Cooling Fluid

13.1.9.  Global Data Center Immersion Cooling Market Revenue By Cooling Fluid

13.1.10. Organization Size

13.1.12. Global Data Center Immersion Cooling Market Revenue By Organization Size

13.1.13. Application

13.1.14. Global Data Center Immersion Cooling Market Revenue By Application

CHAPTER NO. 14:     NORTH AMERICA DATA CENTER IMMERSION COOLING MARKET – COUNTRY ANALYSIS 

14.1.     North America Data Center Immersion Cooling Market Overview by Country Segment

14.1.1.  North America Data Center Immersion Cooling Market Revenue Share By Region

14.2.     North America

14.2.1.  North America Data Center Immersion Cooling Market Revenue By Country

14.2.2.  Component

14.2.3.  North America Data Center Immersion Cooling Market Revenue By Component

14.2.4.  Cooling Technique

14.2.5.  North America Data Center Immersion Cooling Market Revenue By Cooling Technique

14.2.6.  Cooling Fluid

14.2.7.  North America Data Center Immersion Cooling Market Revenue By Cooling Fluid

14.2.8.  Organization Size

14.2.9.  North America Data Center Immersion Cooling Market Revenue By Organization Size

14.2.10. Application

14.2.11. North America Data Center Immersion Cooling Market Revenue By Application

14.3.     U.S.

14.4.     Canada

14.5.     Mexico

CHAPTER NO. 15:     EUROPE DATA CENTER IMMERSION COOLING MARKET – COUNTRY ANALYSIS       

15.1.     Europe Data Center Immersion Cooling Market Overview by Country Segment

15.1.1.  Europe Data Center Immersion Cooling Market Revenue Share By Region

15.2.     Europe

15.2.1.  Europe Data Center Immersion Cooling Market Revenue By Country

15.2.2.  Component

15.2.3.  Europe Data Center Immersion Cooling Market Revenue By Component

15.2.4.  Cooling Technique

15.2.5.  Europe Data Center Immersion Cooling Market Revenue By Cooling Technique

15.2.6.  Cooling Fluid

15.2.7.  Europe Data Center Immersion Cooling Market Revenue By Cooling Fluid

15.2.8.  Organization Size

15.2.9.  Europe Data Center Immersion Cooling Market Revenue By Organization Size

15.2.10. Application

15.2.11. Europe Data Center Immersion Cooling Market Revenue By Application

15.3.     UK

15.4.     France

15.5.     Germany

15.6.     Italy

15.7.     Spain

15.8.     Russia

15.9.   Rest of Europe

CHAPTER NO. 16:     ASIA PACIFIC DATA CENTER IMMERSION COOLING MARKET – COUNTRY ANALYSIS

16.1.     Asia Pacific Data Center Immersion Cooling Market Overview by Country Segment

16.1.1.  Asia Pacific Data Center Immersion Cooling Market Revenue Share By Region

16.2.     Asia Pacific

16.2.1.  Asia Pacific Data Center Immersion Cooling Market Revenue By Country

16.2.2.  Component

16.2.3.  Asia Pacific Data Center Immersion Cooling Market Revenue By Component

16.2.4.  Cooling Technique

16.2.5.  Asia Pacific Data Center Immersion Cooling Market Revenue By Cooling Technique

16.2.6.  Cooling Fluid

16.2.7.  Asia Pacific Data Center Immersion Cooling Market Revenue By Cooling Fluid

16.2.8.  Organization Size

16.2.9.  Asia Pacific Data Center Immersion Cooling Market Revenue By Organization Size

16.2.10. Application

16.2.11. Asia Pacific Data Center Immersion Cooling Market Revenue By Application

16.3.     China

16.4.     Japan

16.5.     South Korea

16.6.     India

16.7.     Australia

16.8.     Southeast Asia

16.9.     Rest of Asia Pacific

CHAPTER NO. 17:     LATIN AMERICA DATA CENTER IMMERSION COOLING MARKET – COUNTRY ANALYSIS

17.1.     Latin America Data Center Immersion Cooling Market Overview by Country Segment

17.1.1.  Latin America Data Center Immersion Cooling Market Revenue Share By Region

17.2.     Latin America

17.2.1.  Latin America Data Center Immersion Cooling Market Revenue By Country

17.2.2.  Component

17.2.3.  Latin America Data Center Immersion Cooling Market Revenue By Component

17.2.4.  Cooling Technique

17.2.5.  Latin America Data Center Immersion Cooling Market Revenue By Cooling Technique

17.2.6.  Cooling Fluid

17.2.7.  Latin America Data Center Immersion Cooling Market Revenue By Cooling Fluid

17.2.8.  Organization Size

17.2.9.  Latin America Data Center Immersion Cooling Market Revenue By Organization Size

17.2.10. Application

17.2.11. Latin America Data Center Immersion Cooling Market Revenue By Application

17.3.     Brazil

17.4.     Argentina

17.5.     Rest of Latin America

CHAPTER NO. 18:     MIDDLE EAST DATA CENTER IMMERSION COOLING MARKET – COUNTRY ANALYSIS

18.1.     Middle East Data Center Immersion Cooling Market Overview by Country Segment

18.1.1.  Middle East Data Center Immersion Cooling Market Revenue Share By Region

18.2.     Middle East

18.2.1.  Middle East Data Center Immersion Cooling Market Revenue By Country

18.2.2.  Component

18.2.3.  Middle East Data Center Immersion Cooling Market Revenue By Component

18.2.4.  Cooling Technique

18.2.5.  Middle East Data Center Immersion Cooling Market Revenue By Cooling Technique

18.2.6.  Cooling Fluid

18.2.7.  Middle East Data Center Immersion Cooling Market Revenue By Cooling Fluid

18.2.8.  Organization Size

18.2.9.  Middle East Data Center Immersion Cooling Market Revenue By Organization Size

18.2.10. Application

18.2.11. Middle East Data Center Immersion Cooling Market Revenue By Application

18.3.     GCC Countries

18.4.     Israel

18.5.     Turkey

18.6.     Rest of Middle East

CHAPTER NO. 19: AFRICA DATA CENTER IMMERSION COOLING MARKET – COUNTRY ANALYSIS         

19.1.     Africa Data Center Immersion Cooling Market Overview by Country Segment

19.1.1.  Africa Data Center Immersion Cooling Market Revenue Share By Region

19.2.     Africa

19.2.1.  Africa Data Center Immersion Cooling Market Revenue By Country

19.2.2.  Component

19.2.3.  Africa Data Center Immersion Cooling Market Revenue By Component

19.2.4.  Cooling Technique

19.2.5.  Africa Data Center Immersion Cooling Market Revenue By Cooling Technique

19.2.6.  Cooling Fluid

19.2.7.  Africa Data Center Immersion Cooling Market Revenue By Cooling Fluid

19.2.8.  Organization Size

19.2.9.  Africa Data Center Immersion Cooling Market Revenue By Organization Size

19.2.10. Application

19.2.11. Africa Data Center Immersion Cooling Market Revenue By Application

19.3.     South Africa

19.4.     Egypt

19.5.     Rest of Africa

CHAPTER NO. 20: COMPANY PROFILES 

20.1.     Asperitas

20.1.1.  Company Overview

20.1.2.  Product Portfolio

20.1.3.  Financial Overview

20.1.4.  Recent Developments

20.1.5.  Growth Strategy

20.1.6.  SWOT Analysis

20.2.     Bitfury Group

20.3.     DCX Liquid Cooling Company

20.4.     Fujitsu

20.5.     Green Revolution Cooling

20.6.     Inspur

20.7.     LiquidCool Solutions

20.8.     Midas Immersion Cooling

20.9.     Submer

20.10.   Vertiv

Frequently Asked Questions

What is the current market size for Data Center Immersion Cooling, and what is its projected size in 2032?

The Data Center Immersion Cooling market size stood at USD 1,487.18 million in 2024 and is projected to reach USD 6,447.73 million by 2032, reflecting strong growth driven by high-performance computing and energy-efficient infrastructure demand.

What are the primary factors fueling the growth of the Data Center Immersion Cooling market?

Key growth drivers include the rising demand for high-performance computing (HPC), increasing power density in data centers, and a global push toward energy-efficient, sustainable cooling systems to meet environmental goals.

Who are the leading companies in the Data Center Immersion Cooling market?

Major players include Asperitas, Bitfury Group, DCX Liquid Cooling Company, Fujitsu, Green Revolution Cooling, Inspur, LiquidCool Solutions, Midas Immersion Cooling, Submer, and Vertiv, all of which are actively innovating and expanding their solution portfolios.

Which region commanded the largest share of the Data Center Immersion Cooling market in 2024?

North America led the global market in 2024, accounting for 43.4% of total revenue, supported by hyperscale adoption, AI-driven infrastructure, and early implementation of advanced cooling technologies.

About Author

Sushant Phapale

Sushant Phapale

ICT & Automation Expert

Sushant is an expert in ICT, automation, and electronics with a passion for innovation and market trends.

View Profile

Gunakesh Parmar

Reviewed By
Gunakesh Parmar

Research Consultant

With over 15 years of dedicated experience in market research since 2009, specializes in delivering actionable insights from data.

View Profile

Next-Gen Data Center ASIC Market

Published:
Report ID: 110561

Data Centre Security Market

Published:
Report ID: 110687

Cloud Database Market

Published:
Report ID: 109265

Data Center ASIC Market

Published:
Report ID: 109410

Big Data in Healthcare Market

Published:
Report ID: 108737

Marine Big Data Market

Published:
Report ID: 108618

Australia and New Zealand Data Centre Construction Market

Published:
Report ID: 48217

Mini Data Center Market

Published:
Report ID: 57702

Time Series Databases Software Market

Published:
Report ID: 103218

Stationary Catalytic Systems Market

Published:
Report ID: 115653

Packaged Air Conditioning System Market

Published:
Report ID: 115460

Carbon Pricing Software Market

Published:
Report ID: 115395

Thin Client Market

Published:
Report ID: 115386

Thermostat Market

Published:
Report ID: 115377

Access Control Reader Market

Published:
Report ID: 115251

Immersive Analytics Market

Published:
Report ID: 115021

Digital Diabetes Management Market

Published:
Report ID: 114987

Diabetes Management Apps Market

Published:
Report ID: 114981

AC Microgrid Market

Published:
Report ID: 114955

Omni-channel Retail Solutions Market

Published:
Report ID: 114578

Industry 5.0 Market

Published:
Report ID: 114262

Purchase Options

The report comes as a view-only PDF document, optimized for individual clients. This version is recommended for personal digital use and does not allow printing.
$4699

To meet the needs of modern corporate teams, our report comes in two formats: a printable PDF and a data-rich Excel sheet. This package is optimized for internal analysis and multi-location access, making it an excellent choice for organizations with distributed workforce.
$5699

The report will be delivered in printable PDF format along with the report’s data Excel sheet. This license offers 100 Free Analyst hours where the client can utilize Credence Research Inc.’s research team. It is highly recommended for organizations seeking to execute short, customized research projects related to the scope of the purchased report.
$12699

Credence Staff 3

WILLIAM, North America

Support Staff at Credence Research

KEITH PHILLIPS, Europe

Lee - CR Sales Staff

LEE VALLANCE, Asia Pacific

Kieran Jameson

KIERAN JAMESON, Australia

Smallform of Sample request

Report delivery within 24 to 48 hours

What people say?-

User Review

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –


support

24/7 Research Support


– Research Methodology –

Going beyond the basics: advanced techniques in research methodology

Pepshi, LG, Nestle
Motorola, Honeywell, Johnson and johnson
LG Chem, SIEMENS, Pfizer
Unilever, Samsonite, QIAGEN

Request Sample