Canada Immersion Cooling Market Size & Outlook, 2022-2030
Canada immersion cooling market, 2018-2030 (US$M)
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Canada immersion cooling market highlights
- The Canada immersion cooling market generated a revenue of USD 14.5 million in 2022 and is expected to reach USD 75.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 22.9% from 2023 to 2030.
- In terms of segment, single-phase was the largest revenue generating product in 2022.
- Two-phase is the most lucrative product segment registering the fastest growth during the forecast period.
Immersion cooling market data book summary
| Market revenue in 2022 | USD 14.5 million |
| Market revenue in 2030 | USD 75.4 million |
| Growth rate | 22.9% (CAGR from 2022 to 2030) |
| Largest segment | Single-phase |
| Fastest growing segment | Two-phase |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single-phase, Two-phase |
| Key market players worldwide | Fujitsu Ltd, DUG Technology Ltd Ordinary Shares, Haniel, Easy Life Laundry |
Other key industry trends
- In terms of revenue, Canada accounted for 7.3% of the global immersion cooling market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. immersion cooling market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 75.4 million by 2030.
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Immersion Cooling Market Scope
Immersion Cooling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 70.34% in 2022. Horizon Databook has segmented the Canada immersion cooling market based on single-phase, two-phase covering the revenue growth of each sub-segment from 2018 to 2030.
However, the outbreak of the COVID-19 severely impacted its economic growth. According to the Organization for Economic Co-operation and Development (OECD), due to the COVID-19 pandemic, the country’s GDP declined by 5.4% in 2020 but is anticipated to grow by 3.5% in 2021.
Canada is one of the large-scale user of immersion cooling technologies globally and is committed to continuous advancements of these technologies. There is increasing pressure from local and federal government agencies, environmentalists, and the general public, for organizations to implement green initiatives.
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Target buyers of Canada immersion cooling market databook
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Our clientele includes a mix of immersion cooling market companies, investment firms, advisory firms & academic institutions.
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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 country-level data and insights on the Canada immersion cooling market , including forecasts for subscribers. This country databook contains high-level insights into Canada immersion cooling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada immersion cooling market size, by product, 2018-2030 (US$M)
Canada Immersion Cooling Market Outlook Share, 2022 & 2030 (US$M)
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