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Industry Research
Immersion Cooling in Data Centers Industry Research Report 2026
Market perspective
The global Immersion Cooling in Data Centers market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Immersion Cooling in Data Centers market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Immersion Cooling in Data Centers market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Immersion Cooling in Data Centers market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Immersion Cooling in Data Centers include Vertiv Group Corporation, Dcx the Liquid Cooling Company, Schneider Electric, Midas Immersion Cooling, Liquidcool Solutions, Exascalar Inc, Fujitsu, Asperitas and Grc Green Revolution Cooling, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Immersion Cooling in Data Centers market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Immersion Cooling in Data Centers.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Immersion Cooling in Data Centers Market by Company
Vertiv Group Corporation
Dcx the Liquid Cooling Company
Schneider Electric
Midas Immersion Cooling
Liquidcool Solutions
Exascalar Inc
Fujitsu
Asperitas
Grc Green Revolution Cooling
Iceotope Technologies Limited
Dug Technology
Liquidstack
Wiwynn
Stulz GmbH
Usystems Limited
Submer
Immersion Cooling in Data Centers Segment by Type
Phase Change Immersion Liquid Cooling
Single-Phase Immersion Liquid Cooling
Immersion Cooling in Data Centers Segment by Application
Data Center
Others
Immersion Cooling in Data Centers Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Immersion Cooling in Data Centers market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Immersion Cooling in Data Centers and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Immersion Cooling in Data Centers.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Immersion Cooling in Data Centers companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Phase Change Immersion Liquid Cooling
- Single-Phase Immersion Liquid Cooling
Applications
- Data Center
- Others
Companies covered
- Vertiv Group Corporation
- Dcx the Liquid Cooling Company
- Schneider Electric
- Midas Immersion Cooling
- Liquidcool Solutions
- Exascalar Inc
- Fujitsu
- Asperitas
- Grc Green Revolution Cooling
- Iceotope Technologies Limited
- Dug Technology
- Liquidstack
- Wiwynn
- Stulz GmbH
- Usystems Limited
- Submer
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Immersion Cooling in Data Centers by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Phase Change Immersion Liquid Cooling
- 2.2.3 Single-Phase Immersion Liquid Cooling
- 2.3 Immersion Cooling in Data Centers by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Data Center
- 2.3.3 Others
- 2.4 Assumptions and Limitations
3 Immersion Cooling in Data Centers Breakdown Data by Type
- 3.1 Global Immersion Cooling in Data Centers Historic Market Size by Type (2021-2026)
- 3.2 Global Immersion Cooling in Data Centers Forecasted Market Size by Type (2027-2032)
4 Immersion Cooling in Data Centers Breakdown Data by Application
- 4.1 Global Immersion Cooling in Data Centers Historic Market Size by Application (2021-2026)
- 4.2 Global Immersion Cooling in Data Centers Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Immersion Cooling in Data Centers Market Perspective (2021-2032)
- 5.2 Global Immersion Cooling in Data Centers Growth Trends by Region
- 5.2.1 Global Immersion Cooling in Data Centers Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Immersion Cooling in Data Centers Historic Market Size by Region (2021-2026)
- 5.2.3 Immersion Cooling in Data Centers Forecasted Market Size by Region (2027-2032)
- 5.3 Immersion Cooling in Data Centers Market Dynamics
- 5.3.1 Immersion Cooling in Data Centers Industry Trends
- 5.3.2 Immersion Cooling in Data Centers Market Drivers
- 5.3.3 Immersion Cooling in Data Centers Market Challenges
- 5.3.4 Immersion Cooling in Data Centers Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Immersion Cooling in Data Centers Players by Revenue
- 6.1.1 Global Top Immersion Cooling in Data Centers Players by Revenue (2021-2026)
- 6.1.2 Global Immersion Cooling in Data Centers Revenue Market Share by Players (2021-2026)
- 6.2 Global Immersion Cooling in Data Centers Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Immersion Cooling in Data Centers Head Office and Area Served
- 6.4 Global Immersion Cooling in Data Centers Players, Product Type & Application
- 6.5 Global Immersion Cooling in Data Centers Manufacturers Established Date
- 6.6 Global Immersion Cooling in Data Centers Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Immersion Cooling in Data Centers Market Size (2021-2032)
- 7.2 North America Immersion Cooling in Data Centers Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Immersion Cooling in Data Centers Market Size by Country (2021-2026)
- 7.4 North America Immersion Cooling in Data Centers Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Immersion Cooling in Data Centers Market Size (2021-2032)
- 8.2 Europe Immersion Cooling in Data Centers Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Immersion Cooling in Data Centers Market Size by Country (2021-2026)
- 8.4 Europe Immersion Cooling in Data Centers Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Immersion Cooling in Data Centers Market Size (2021-2032)
- 9.2 Asia-Pacific Immersion Cooling in Data Centers Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Immersion Cooling in Data Centers Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Immersion Cooling in Data Centers Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Immersion Cooling in Data Centers Market Size (2021-2032)
- 10.2 South America Immersion Cooling in Data Centers Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Immersion Cooling in Data Centers Market Size by Country (2021-2026)
- 10.4 South America Immersion Cooling in Data Centers Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Immersion Cooling in Data Centers Market Size (2021-2032)
- 11.2 Middle East & Africa Immersion Cooling in Data Centers Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Immersion Cooling in Data Centers Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Immersion Cooling in Data Centers Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 Vertiv Group Corporation
- 12.1.1 Vertiv Group Corporation Company Information
- 12.1.2 Vertiv Group Corporation Business Overview
- 12.1.3 Vertiv Group Corporation Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.1.4 Vertiv Group Corporation Immersion Cooling in Data Centers Product Portfolio
- 12.1.5 Vertiv Group Corporation Recent Developments
- 12.2 Dcx the Liquid Cooling Company
- 12.2.1 Dcx the Liquid Cooling Company Company Information
- 12.2.2 Dcx the Liquid Cooling Company Business Overview
- 12.2.3 Dcx the Liquid Cooling Company Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.2.4 Dcx the Liquid Cooling Company Immersion Cooling in Data Centers Product Portfolio
- 12.2.5 Dcx the Liquid Cooling Company Recent Developments
- 12.3 Schneider Electric
- 12.3.1 Schneider Electric Company Information
- 12.3.2 Schneider Electric Business Overview
- 12.3.3 Schneider Electric Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.3.4 Schneider Electric Immersion Cooling in Data Centers Product Portfolio
- 12.3.5 Schneider Electric Recent Developments
- 12.4 Midas Immersion Cooling
- 12.4.1 Midas Immersion Cooling Company Information
- 12.4.2 Midas Immersion Cooling Business Overview
- 12.4.3 Midas Immersion Cooling Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.4.4 Midas Immersion Cooling Immersion Cooling in Data Centers Product Portfolio
- 12.4.5 Midas Immersion Cooling Recent Developments
- 12.5 Liquidcool Solutions
- 12.5.1 Liquidcool Solutions Company Information
- 12.5.2 Liquidcool Solutions Business Overview
- 12.5.3 Liquidcool Solutions Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.5.4 Liquidcool Solutions Immersion Cooling in Data Centers Product Portfolio
- 12.5.5 Liquidcool Solutions Recent Developments
- 12.6 Exascalar Inc
- 12.6.1 Exascalar Inc Company Information
- 12.6.2 Exascalar Inc Business Overview
- 12.6.3 Exascalar Inc Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.6.4 Exascalar Inc Immersion Cooling in Data Centers Product Portfolio
- 12.6.5 Exascalar Inc Recent Developments
- 12.7 Fujitsu
- 12.7.1 Fujitsu Company Information
- 12.7.2 Fujitsu Business Overview
- 12.7.3 Fujitsu Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.7.4 Fujitsu Immersion Cooling in Data Centers Product Portfolio
- 12.7.5 Fujitsu Recent Developments
- 12.8 Asperitas
- 12.8.1 Asperitas Company Information
- 12.8.2 Asperitas Business Overview
- 12.8.3 Asperitas Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.8.4 Asperitas Immersion Cooling in Data Centers Product Portfolio
- 12.8.5 Asperitas Recent Developments
- 12.9 Grc Green Revolution Cooling
- 12.9.1 Grc Green Revolution Cooling Company Information
- 12.9.2 Grc Green Revolution Cooling Business Overview
- 12.9.3 Grc Green Revolution Cooling Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.9.4 Grc Green Revolution Cooling Immersion Cooling in Data Centers Product Portfolio
- 12.9.5 Grc Green Revolution Cooling Recent Developments
- 12.10 Iceotope Technologies Limited
- 12.10.1 Iceotope Technologies Limited Company Information
- 12.10.2 Iceotope Technologies Limited Business Overview
- 12.10.3 Iceotope Technologies Limited Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.10.4 Iceotope Technologies Limited Immersion Cooling in Data Centers Product Portfolio
- 12.10.5 Iceotope Technologies Limited Recent Developments
- 12.11 Dug Technology
- 12.11.1 Dug Technology Company Information
- 12.11.2 Dug Technology Business Overview
- 12.11.3 Dug Technology Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.11.4 Dug Technology Immersion Cooling in Data Centers Product Portfolio
- 12.11.5 Dug Technology Recent Developments
- 12.12 Liquidstack
- 12.12.1 Liquidstack Company Information
- 12.12.2 Liquidstack Business Overview
- 12.12.3 Liquidstack Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.12.4 Liquidstack Immersion Cooling in Data Centers Product Portfolio
- 12.12.5 Liquidstack Recent Developments
- 12.13 Wiwynn
- 12.13.1 Wiwynn Company Information
- 12.13.2 Wiwynn Business Overview
- 12.13.3 Wiwynn Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.13.4 Wiwynn Immersion Cooling in Data Centers Product Portfolio
- 12.13.5 Wiwynn Recent Developments
- 12.14 Stulz GmbH
- 12.14.1 Stulz GmbH Company Information
- 12.14.2 Stulz GmbH Business Overview
- 12.14.3 Stulz GmbH Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.14.4 Stulz GmbH Immersion Cooling in Data Centers Product Portfolio
- 12.14.5 Stulz GmbH Recent Developments
- 12.15 Usystems Limited
- 12.15.1 Usystems Limited Company Information
- 12.15.2 Usystems Limited Business Overview
- 12.15.3 Usystems Limited Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.15.4 Usystems Limited Immersion Cooling in Data Centers Product Portfolio
- 12.15.5 Usystems Limited Recent Developments
- 12.16 Submer
- 12.16.1 Submer Company Information
- 12.16.2 Submer Business Overview
- 12.16.3 Submer Revenue in Immersion Cooling in Data Centers Business (2021-2026)
- 12.16.4 Submer Immersion Cooling in Data Centers Product Portfolio
- 12.16.5 Submer Recent Developments
13 Report Conclusion
14 Disclaimer
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