Global Immersion Cooling Market Size & Outlook, 2022-2030

The immersion cooling industry worldwide is expected to reach a projected revenue of US$ 1,006.5 million by 2030. A compound annual growth rate of 22.6% is expected of the worldwide immersion cooling industry from 2023 to 2030.
Revenue, 2022 (US$M)
$197.0
Forecast, 2030 (US$M)
$1,006.5
CAGR, 2023 - 2030
22.6%
Report Coverage
Worldwide

Global immersion cooling market highlights

  • The global immersion cooling market generated a revenue of USD 197.0 million in 2022 and is expected to reach USD 1,006.5 million by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 22.6% by 2030.
  • In terms of segment, single-phase accounted for a revenue of USD 139.3 million in 2022.
  • Two-phase is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2022.
  • Country-wise, Japan is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 197.0 million
Market revenue in 2030USD 1,006.5 million
Growth rate22.6% (CAGR from 2022 to 2030)
Largest segmentSingle-phase
Fastest growing segmentTwo-phase
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSingle-phase, Two-phase

Other key industry trends

  • In terms of revenue, the North America accounted for 35.8% of the global immersion cooling market in 2022.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Japan is the fastest growing regional market and is projected to reach USD 14.7 million by 2030.

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Immersion Cooling Market Companies

Name Profile # Employees HQ Website

Global immersion cooling market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to immersion cooling market will help companies and investors design strategic landscapes.


Single-phase was the largest segment with a revenue share of 70.71% in 2022. Horizon Databook has segmented the Global immersion cooling market based on single-phase, two-phase covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Immersion Cooling Product Outlook (Revenue, USD Million, 2018-2030)
    • Single-phase
    • Two-phase
  • Global Immersion Cooling Application Outlook (Revenue, USD Million, 2018-2030)
    • High-performance Computing
    • Edge Computing
    • Cryptocurrency Mining
    • Artificial Intelligence
    • Others
  • Global Immersion Cooling Cooling Liquid Outlook (Revenue, USD Million, 2018-2030)
    • Mineral Oil (Hydrocarbons & Synthetically manufactured)
    • Fluorocarbon-based Fluids (inc synthetic)
    • Deionoized Water
    • Others

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Target buyers of Global immersion cooling market databook

  • Our clientele includes a mix of immersion cooling market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global immersion cooling market , including forecasts for subscribers. This global databook contains high-level insights into Global immersion cooling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global immersion cooling market size, by regions, 2018-2030 (US$M)

Top 10 countries: Immersion cooling market size, 2022 (US$M)

Global immersion cooling market share, by product, 2022 & 2030 (%, US$M)

Immersion cooling market: Opportunity assessment by country

Global immersion cooling market, by region, 2022 (US$M)

Global immersion cooling market size, by regions, 2018-2030 (US$M)

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