India Immersion Cooling Market Size & Outlook, 2022-2030

The immersion cooling market in India is expected to reach a projected revenue of US$ 24.9 million by 2030. A compound annual growth rate of 26.1% is expected of India immersion cooling market from 2023 to 2030.
Revenue, 2022 (US$M)
$3.9
Forecast, 2030 (US$M)
$24.9
CAGR, 2023 - 2030
26.1%
Report Coverage
India

India immersion cooling market highlights

  • The India immersion cooling market generated a revenue of USD 3.9 million in 2022 and is expected to reach USD 24.9 million by 2030.
  • The India market is expected to grow at a CAGR of 26.1% 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 2022USD 3.9 million
Market revenue in 2030USD 24.9 million
Growth rate26.1% (CAGR from 2022 to 2030)
Largest segmentSingle-phase
Fastest growing segmentTwo-phase
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSingle-phase, Two-phase
Key market players worldwideFujitsu Ltd, DUG Technology Ltd Ordinary Shares, Haniel, Easy Life Laundry


Other key industry trends

  • In terms of revenue, India accounted for 2.0% 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 Companies

Name Profile # Employees HQ Website

India 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 71.79% in 2022. Horizon Databook has segmented the India immersion cooling market based on single-phase, two-phase covering the revenue growth of each sub-segment from 2018 to 2030.


However, outbreak of the COVID-19 in the country has severely impacted its economic growth. According to the OECD, India’s GDP is likely to decline by 10% in the financial year 2020–21, however, it is projected to grow by around 8% and 5% in FY 2021–22 and FY 2022–23, respectively.

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Target buyers of India 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.).
  • 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 India immersion cooling market , including forecasts for subscribers. This country databook contains high-level insights into India immersion cooling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India immersion cooling market size, by product, 2018-2030 (US$M)

India Immersion Cooling Market Outlook Share, 2022 & 2030 (US$M)

India immersion cooling market size, by product, 2018-2030 (US$M)

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