Immersion Cooling Market is anticipated to reach USD 3.1 billion by 2035

Core Insights - The global immersion cooling market is projected to grow from USD 1.4 billion in 2024 to USD 3.1 billion by 2035, with a compound annual growth rate (CAGR) of 26.1% from 2025 to 2035 [1][3] - Immersion cooling enhances cooling efficiency, allowing for higher power densities and lower operating costs in electronic systems, making it increasingly popular in high-performance computing (HPC) environments [1][2] Market Drivers - The technology improves the performance and reliability of electronic components by maintaining a constant surrounding temperature, thus preventing hot spots and thermal fluctuations [3] - The rising adoption of HPC systems across various industries, including data centers, cryptocurrency mining, and artificial intelligence, is driving the demand for immersion cooling solutions [3][5] Market Segmentation - The market is segmented by type into single-phase and two-phase immersion cooling systems [6] - Applications include high-performance computing, edge computing, cryptocurrency mining, and artificial intelligence [6] - Cooling fluids used in immersion cooling include mineral oil, synthetic fluids, and fluorocarbon-based fluids [6] Key Players - Major companies in the immersion cooling market include Fujitsu Limited, Green Revolution Cooling Inc., Submer, Allied Control, and Midas Green Technologies, among others [8]