Europe Immersion Cooling Market by Liquid Type (De-ionized Water, Mineral Oil, Fluorocarbon-Based Fluids, Synthetic Fluids), By Cooling Type (Single Phase Cooling, Two Phase Cooling), By Application, By Project Phase (Greenfield Project, Brownfield Project) and Region - Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprints by MarketDigits - Forecast 2024-2032

Industry : Chemicals & Materials | Pages : 182 Pages | Published On : Apr 2024

         
     
The Europe Immersion Cooling Market is Valued USD 173.38 Million in 2024 and projected to reach USD 717.8 Million by 2030, growing at a CAGR of 22.5% During the Forecast period of 2024-2032.

Market Overview

The Europe immersion cooling market has experienced substantial growth in recent years, driven by the increasing demand for efficient and sustainable data center cooling solutions. The primary driver of this growth is the rising energy consumption and heat generation in data centers due to the proliferation of high-performance computing applications. The market is witnessing a rising trend of increased server density within data centers, characterized by a higher concentration of servers per unit of space. Notably, the average server density per rack has more than tripled between 2013 and 2023, propelled by advancements in server hardware and the demand for immersive cooling technologies.

The main catalyst for the adoption of immersion cooling technology is its superior thermal efficiency when compared to traditional air-cooling systems. Immersion cooling entails submerging IT hardware components directly into dielectric fluids, facilitating more efficient heat dissipation. This enhanced efficiency translates into reduced energy consumption, leading to cost savings for data center operators. Furthermore, the technology's capacity to extend hardware lifespan by minimizing thermal stress further drives its widespread adoption. The Europe immersion cooling market is positioned for robust expansion driven by the imperative for energy-efficient and sustainable cooling solutions in data centers. Despite existing challenges, ongoing technological advancements, combined with a growing focus on environmental sustainability, create a conducive environment for the uptake of immersion cooling technology. While Western Europe currently dominates the market, Eastern Europe presents itself as a promising growth region, offering fresh opportunities for industry participants. With key market players investing in innovation and strategic partnerships, the Europe immersion cooling market is poised to undergo transformative developments in the forthcoming years

Europe Immersion Cooling Market Size

Graph
ReportDetails
Market Size ValueUSD 173.38 Million in 2024
Market Size ValueUSD 717.8 Million by 2030
CAGR22.5%
Forecast Period2024-2032
Base Year 2023
Historic Data2020
Segments Coveredxxxx
Geographics CoveredNorth America, Latin America, Europe, Asia-Pacific, Middle East & Africa

Major vendors in the Europe Immersion Cooling market: Asperitas, DCX - The Liquid Cooling Company, DUG Technology, Engineered Fluids, Green Revolution Cooling Inc, LiquidStack Holding B.V., Schneider Electric, Submer, TEIMMERS, GlobalConnect, Cordis, Grundfos, Submer, others

Tripling of Average Server Density per Pack

The Europe Immersion Cooling Market experiences a significant boost from the trend of substantially increased server density, with the average number of servers per rack more than tripling in recent times. As the demand for high-performance computing intensifies across various industries, data centers are pressed to optimize space utilization and enhance processing power within confined environments. Immersion cooling proves instrumental in accommodating this surge in server density, allowing for the efficient cooling of densely populated racks. The technology's ability to manage the heightened heat output from a greater number of servers per rack aligns seamlessly with the industry's pursuit of maximizing computational capabilities while minimizing the physical footprint of data centers. In present-day data center configurations, specific server racks are utilizing power levels reaching 16 kilowatts, signifying a notable increase in energy consumption. This escalation is particularly notable in high-performance computing setups, which are becoming more prevalent for tasks related to artificial intelligence. In these sophisticated computing environments, the power demand can surge even higher, reaching up to 50 kilowatts. This emphasizes the growing need for robust and efficient cooling solutions, such as immersion cooling, to manage the escalating heat generated by these high-density and power-intensive server configurations. This driver underscores the pivotal role of immersion cooling in facilitating the ongoing evolution toward more compact, energy-efficient, and powerful data center infrastructures.

Market Dynamics

Drivers:

  • Tripling of Average Server Density Per Rack
  • Focus on Environmental Sustainability and Carbon Footprint Reduction

Opportunities:

  • Rising Demand for High-Performance Computing (HPC)
  • Green Data Center Initiatives

Rising Demand for High-Performance Computing (HPC)

The Europe Immersion Cooling Market is poised for significant growth due to the increasing demand for high-performance computing (HPC) solutions across various industries. As organizations strive to handle complex computations and process massive amounts of data, traditional air-cooling methods are becoming inefficient and costly. Immersion cooling technology provides an innovative solution by submerging IT components directly into a non-conductive liquid, enhancing cooling efficiency and reducing energy consumption. With the proliferation of data-intensive applications in areas such as artificial intelligence, scientific research, and financial modelling, the demand for HPC solutions is expected to surge, creating a robust market opportunity for immersion cooling solutions.

The Data Center Segments is anticipated to hold the Largest Market Share during the Forecast Period

In the Europe Immersion Cooling market , the application segment comprises various categories among which data centres segment is the dominating segment. The dominance of the data centers segment in the Europe immersion cooling market is attributed to several key factors. There has been a rapid surge in data generation and storage needs, fueled by the widespread adoption of technologies such as cloud computing, big data analytics, and Internet of Things (IoT) applications. This heightened demand necessitates the establishment and expansion of data centers throughout Europe, thereby increasing the demand for efficient cooling solutions. Additionally, the intensive computing tasks associated with these technologies result in substantial heat generation, posing challenges for traditional air-cooling systems. Immersion cooling presents a more effective alternative by submerging IT hardware components directly into dielectric fluids, which enhances heat dissipation and temperature regulation. Furthermore, stringent regulations and industry standards about energy efficiency and environmental sustainability compel data centre operators to seek out innovative cooling technologies like immersion cooling to meet compliance requirements.


Segmentations Analysis of Europe Immersion Cooling Market: -

  • By Liquid Type
    • De-ionized Water
    • Mineral Oil
    • Fluorocarbon-Based Fluids
    • Synthetic Fluids
  • By Cooling Type
    • Single Phase Cooling
    • Two Phase Cooling
  • By Application
    • Data Centers
      • Enterprise Data Centers
      • Managed Services Data Centers
      • Colocation Data Centers
      • Cloud Data Centers
    • Edge Computing
    • Cryptocurrency Mining
    • Others
  • Project Phase
    • Greenfield Project
    • Brownfield Project
  • By Region
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • BENELUX
      • CIS & Russia
      • Nordics
      • Austria
      • Poland
      • Rest of Europe

Recent Developments

  • In March 2023, DCX unveiled the PRO10 Immersion Mining System, introducing a groundbreaking system architecture specifically designed for scale-out crypto mining. Compared to the industry standard, the new DCX High-Density Immersion Containers offer a remarkable 70% improvement in heat transfer performance, 2.5 times higher power density, and double the capacity for hosting miners.

Europe Immersion Cooling Market Report Gives Answers to the Following Key Questions:

  • What will be the Europe Immersion Cooling Market’s Trends & growth rate? What analysis has been done of the prices, sales, and volume of the top producers of the Europe Immersion Cooling market?
  • What are the main forces behind the Europe Immersion Cooling market? Which companies dominate the Europe Immersion Cooling market?
  • Which companies dominate the Europe Immersion Cooling market? Which business possibilities, dangers, and tactics did they embrace in the market?
  • What are the Europe Immersion Cooling industry's suppliers' opportunities and dangers in the Europe Immersion Cooling market?
  • What is the Europe Immersion Cooling industry's regional sales, income, and pricing analysis? In the Europe Immersion Cooling market, who are the distributors, traders, and resellers?
  • What are the main reasons for various trades that are anticipated to have astounding expansion over the Europe Immersion Cooling market?
  • What are the main areas for various industries that are anticipated to observe an astounding expansion in the Europe Immersion Cooling market?
  • What is the dominant revenue-generating regions for the Europe Immersion Cooling market, as well as regional growth trends?
  • By the end of the forecast period, what will the market size and growth rate be?
  • What are the main Europe Immersion Cooling market trends that are influencing the market's expansion?
  • Which key product categories dominate the Europe Immersion Cooling market? What are the Europe Immersion Cooling market’s main applications?
  • In the coming years, which Europe Immersion Cooling market technology will dominate the market?

Reason to purchase this Europe Immersion Cooling market Report:

  • Determine prospective investment areas based on a detailed trend analysis of the global Europe Immersion Cooling market over the next years.
  • Gain an in-depth understanding of the underlying factors driving demand for different Europe Immersion Cooling market segments in the top spending countries across the world and identify the opportunities each offers.
  • Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others.
  • Identify the major channels that are driving the global Europe Immersion Cooling market, providing a clear picture of future opportunities that can be tapped, resulting in revenue expansion.
  • Channelize resources by focusing on the ongoing programs that are being undertaken by the different countries within the global Europe Immersion Cooling market.
  • Make correct business decisions based on a thorough analysis of the total competitive landscape of the sector with detailed profiles of the top Europe Immersion Cooling market providers worldwide, including information about their products, alliances, recent contract wins, and financial analysis wherever available.

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Table and Figures

Methodology:

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Furthermore, our methodology incorporates technology-based research techniques, such as data mining, text analytics, and predictive modelling, to uncover hidden patterns, correlations, and trends within the data. This data-driven approach enhances the accuracy and reliability of our analysis, enabling us to make informed and actionable recommendations.

In addition, our analysts bring their industry expertise and domain knowledge to bear on the research process. Their deep understanding of market dynamics, emerging trends, and future prospects allows for insightful interpretation of the data and identification of strategic opportunities.

To ensure the highest level of quality and reliability, our research process undergoes rigorous validation and verification. This includes cross-referencing and triangulation of data from multiple sources, as well as peer reviews and expert consultations.

The result of our 360° Research Methodology is a comprehensive and robust research report that empowers you to make well-informed business decisions. It provides a panoramic view of the industry landscape, helping you navigate challenges, seize opportunities, and stay ahead of the competition.

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