China Immersion Cooling Market Size & Outlook, 2022-2030
China immersion cooling market, 2018-2030 (US$M)
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China immersion cooling market highlights
- The China immersion cooling market generated a revenue of USD 36.7 million in 2022 and is expected to reach USD 245.9 million by 2030.
- The China market is expected to grow at a CAGR of 26.8% 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 36.7 million |
| Market revenue in 2030 | USD 245.9 million |
| Growth rate | 26.8% (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, China accounted for 18.6% 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 Asia Pacific, China immersion cooling market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 245.9 million by 2030.
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Immersion Cooling Market Scope
Immersion Cooling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 71.66% in 2022. Horizon Databook has segmented the China immersion cooling market based on single-phase, two-phase covering the revenue growth of each sub-segment from 2018 to 2030.
Major industries contributing to the country’s economic growth include manufacturing, mining, energy, and agriculture. According to the World Bank, the GDP growth in China contracted to 2.3% in 2020. The economic growth in China was impacted by the deepening U.S.–China trade tensions as well as the outbreak of COVID-19 in 2020.
It is anticipated that GDP growth in 2021 will be 8.4% and 5.6% in 2022. China was the epicenter of the COVID-19 pandemic, however it has shown recovery in the last few months, supported by investment in infrastructure.
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Target buyers of China 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China immersion cooling market , including forecasts for subscribers. This country databook contains high-level insights into China immersion cooling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China immersion cooling market size, by product, 2018-2030 (US$M)
China Immersion Cooling Market Outlook Share, 2022 & 2030 (US$M)
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