Immersion Cooling Industry Size, Share, Demand & Growth by 2032
The global immersion cooling industry is expected to reach a valuation of US$ 2,547.9 Million by 2032 , with the demand growing at an astounding CAGR of 21.7% from 2022 to 2032 . Scaling up from a value of US$ 297.8 Million in 2021, the target market is likely to reach an estimated US$ 357.3 Million in 2022. Escalation in levels of data output and data processing all over the world is projected to fuel the growth of the immersion cooling market. Strict carbon emission control regulations coupled with a demand for high density and computation requirements will bolster the growth of the target market during the forecast period. IT infrastructures generate high levels of energy and it is immensely important to lessen or stop the heat from the components. These two factors work together to drive the demand for the immersion cooling market. Immersion cooling enhances the productivity of data centers. Thus, the rising popularity of the target market has resulted in its acquisition