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    Immersion Coolers Market

    ID: MRFR/E&P/10423-CR
    128 Pages
    Anshula Mandaokar
    July 2023

    Immersion Coolers Market Research Report Information By Cooling Capacity (10-20kW, 21-50kW, 51-80kW and 80-120kW and 121-150kW), By Type (low temperature and high temperature), By Application (Manufacturing Industry, Food Industry, Consumer Industry and Other) By Sales Channel (Manufacturer/Distributor/Service provider and aftermarket) and By Region - Global Forecast to 2030

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    Immersion Coolers Market Research Report—Global Forecast till 2030 Infographic
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    Immersion Coolers Market Summary

    The Global Immersion Coolers Market is projected to grow from 2.89 USD Billion in 2024 to 6.26 USD Billion by 2035.

    Key Market Trends & Highlights

    Immersion Coolers Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 7.3 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 6.26 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 2.89 USD Billion, reflecting a solid foundation for future expansion.
    • Growing adoption of advanced cooling technologies due to increasing demand for energy-efficient solutions is a major market driver.

    Market Size & Forecast

    2024 Market Size 2.89 (USD Million)
    2035 Market Size 6.26 (USD Million)
    CAGR (2025-2035) 7.3%

    Major Players

    Thermo Fisher Scientific, VWR International, LLC, Daikin Industries, Ltd, JULABO GmbH, Peter Huber Kältemaschinenbau AG, SP Scientific, Polyscience, Northern Brewer, Analis, Lister GmbH

    Immersion Coolers Market Trends

      • Increasing Demand For Temperature Control In Various End-use Industries and Growing Need For Efficient And Effective Cooling Solutions to fuel the Immersion Coolers market

    Temperature control is an essential aspect of various industries, and the need for accurate and consistent temperature control has increased with the advancements in technology and research. Immersion coolers play a crucial role in ensuring temperature control in various end-use industries, such as biotechnology, pharmaceuticals, healthcare, and chemical industries. In the biotechnology industry, temperature control is crucial for maintaining the viability of biological samples and reagents. Immersion coolers provide precise temperature control, which is necessary for maintaining the integrity of biological samples, including DNA, RNA, and proteins.

    These samples are often sensitive to temperature changes, and even a slight variation in temperature can lead to denaturation, degradation, or loss of activity. Hence, the use of immersion coolers is necessary to prevent damage to these samples during storage and transport. In the pharmaceutical industry, temperature control is critical for ensuring the stability and efficacy of drugs. Many drugs are sensitive to temperature changes and can degrade or lose their potency if exposed to high or low temperatures. Immersion coolers help maintain a consistent and controlled temperature during the manufacturing and storage of drugs, ensuring their stability and efficacy.

    In the healthcare industry, temperature control is essential for the preservation of medical specimens, blood, and vaccines. These items are highly sensitive to temperature changes, and maintaining their integrity is crucial for accurate diagnosis and treatment. Immersion coolers are widely used in healthcare settings to store and transport medical specimens and blood products at a consistent and controlled temperature. In the chemical industry, temperature control is necessary for the synthesis and processing of various chemicals.

    Immersion coolers provide precise temperature control, which is crucial for controlling the rate of chemical reactions, preventing thermal runaway, and ensuring the quality and consistency of the end product.

    Efficient and effective cooling solutions are necessary to prevent damage to equipment and samples during research and development processes. Immersion coolers play a critical role in ensuring the efficient and effective cooling of equipment and samples, which is driving their demand in various end-use industries. In research and development processes, many samples and equipment require cooling to prevent thermal damage and maintain their integrity. Immersion coolers offer an effective solution for cooling samples and equipment, as they provide direct and efficient cooling without requiring a complex refrigeration system.

    They are designed to circulate cooling fluid around the equipment or sample, which provides rapid and effective cooling.

    In addition to their cooling capabilities, immersion coolers also offer other benefits, such as ease of use, portability, and low maintenance requirements. They are often compact and lightweight, which makes them easy to transport and use in different locations. They also have a user-friendly interface, which allows for easy control and monitoring of the cooling process.

    The Global Immersion Coolers Market is poised for growth as industries increasingly prioritize energy efficiency and sustainable cooling solutions in their operations.

    U.S. Department of Energy

    Immersion Coolers Market Drivers

    Market Growth Projections

    The Global Immersion Coolers Market Industry is poised for substantial growth, with projections indicating a market size of 2.89 USD Billion in 2024 and an anticipated increase to 6.26 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 7.3% from 2025 to 2035. The increasing adoption of immersion coolers across various sectors, driven by technological advancements and rising demand for efficient cooling solutions, supports these projections. As industries continue to prioritize energy efficiency and sustainability, the immersion coolers market is likely to expand, reflecting the evolving landscape of cooling technologies.

    Emerging Markets and Urbanization

    Emerging markets and urbanization are key drivers of the Global Immersion Coolers Market Industry. As urban populations grow, the demand for efficient cooling solutions in residential and commercial sectors increases. Developing countries are witnessing a rise in food processing industries and retail chains, which require reliable cooling systems. This urbanization trend leads to higher consumption of perishable goods, further driving the need for immersion coolers. The market's expansion in these regions is anticipated to be substantial, as businesses seek to enhance their operational capabilities and meet the demands of a growing urban population.

    Growth in Food and Beverage Sector

    The food and beverage sector significantly influences the Global Immersion Coolers Market Industry, as the need for precise temperature control is paramount in this industry. Immersion coolers are widely utilized for chilling beverages, preserving food quality, and ensuring compliance with safety regulations. The increasing consumption of perishable goods and ready-to-eat meals drives the demand for effective cooling solutions. As the sector expands, particularly in developing regions, the market for immersion coolers is expected to grow at a CAGR of 7.3% from 2025 to 2035. This growth underscores the importance of immersion coolers in maintaining product integrity and enhancing shelf life.

    Rising Demand for Efficient Cooling Solutions

    The Global Immersion Coolers Market Industry experiences a surge in demand for efficient cooling solutions across various sectors, including food and beverage, pharmaceuticals, and electronics. This demand is driven by the need for improved temperature control and energy efficiency. For instance, immersion coolers provide superior thermal management, which is essential for preserving product quality. As industries increasingly prioritize sustainability, the adoption of immersion coolers is likely to rise. The market is projected to reach 2.89 USD Billion in 2024, indicating a robust growth trajectory as businesses seek to enhance operational efficiency and reduce energy consumption.

    Regulatory Compliance and Food Safety Standards

    Regulatory compliance and stringent food safety standards significantly impact the Global Immersion Coolers Market Industry. Governments worldwide enforce regulations that mandate specific temperature controls for food storage and transportation. Immersion coolers are essential in meeting these requirements, ensuring that food products remain safe for consumption. The increasing focus on food safety and quality assurance drives the adoption of advanced cooling technologies. As regulations evolve, businesses are likely to invest in immersion coolers to comply with these standards, thereby propelling market growth. This trend is expected to contribute to the market's expansion, aligning with the projected growth trajectory.

    Technological Advancements in Cooling Technologies

    Technological advancements play a pivotal role in shaping the Global Immersion Coolers Market Industry. Innovations such as advanced refrigerants, smart monitoring systems, and enhanced insulation materials contribute to the efficiency and effectiveness of immersion coolers. These technologies not only improve cooling performance but also reduce environmental impact. For example, the integration of IoT in cooling systems allows for real-time monitoring and optimization, which can lead to significant energy savings. As these technologies evolve, they are expected to drive market growth, with projections indicating a market size of 6.26 USD Billion by 2035, reflecting the ongoing transformation in cooling solutions.

    Market Segment Insights

    Immersion Coolers by Cooling Capacity Insights

    Based on the cooling capacity, the market has been segmented into 10-20kW, 21-50kW, 51-80kW, 80-120kW and 121-150kW. Among them, above 10-20kW segment dominated the Immersion Coolers Market with a value of USD 834.57 million in 2022; with an expected CAGR of 6.35 % during the forecast period. The 10-20kW segment is suitable for small-scale applications that require low cooling capacity. These immersion coolers are designed to cool small motors, electronics, and other similar equipment. They are typically compact, portable, and easy to install, making them ideal for smaller operations that require simple cooling solutions.

    Immersion Coolers by Type Insights

    Based on type, the immersion coolers market has segmented into low temperature and high temperature. Low temperature immersion coolers segment dominated the Immersion Coolers Market with a value of USD 1,873.22 million in 2022; with an expected CAGR of 6.51 % during the forecast period. The low-temperature cooling segment is suitable for industrial applications that require cooling of equipment and processes to temperatures below ambient temperature, typically below 0°C. This type of cooling is often used in scientific research, medical and pharmaceutical industries, and other applications that require precise temperature control.

    Immersion coolers in this segment are designed to handle a range of cooling requirements, from small-scale applications to large industrial processes. They can use different types of cooling fluids, such as water or specialized coolants, and can provide precise temperature control for highly sensitive equipment and processes.

    Immersion Coolers by application Insights

    Based on the application, the market has been segmented into manufacturing industry, food industry, consumer industry and other. Among them, manufacturing industry segment dominated the Immersion Coolers Market with a value of USD 887.29 million in 2022; with expected CAGR of 6.35 % during the forecast period. The manufacturing industry segment includes a range of applications that require cooling for different industrial processes and equipment. This segment includes industries such as chemical manufacturing, metalworking, and pharmaceutical manufacturing.

    Immersion coolers in this segment are designed to provide precise temperature control for various industrial processes, from cooling of chemicals to maintaining optimal temperatures for metalworking processes.

    Immersion Coolers by Sales Channel Insights

    Based on the sales channel, the market has been segmented into manufacturer/distributor/service provider and aftermarket. Among them, manufacturer/distributor/service provider segment dominated the Immersion Coolers Market with a value of USD 1,973.26 million in 2022; with an expected CAGR of 6.67 % during the forecast period. The manufacturer/distributor/service provider segment includes immersion cooler manufacturers and distributors who sell their products directly to customers or through authorized resellers. This segment also includes service providers who offer installation, maintenance, and repair services for immersion coolers.

    Manufacturers in this segment typically have their own distribution channels and often have a dedicated sales force to promote their products. Distributors in this segment typically carry multiple brands of immersion coolers and sell them to customers through a network of resellers. Service providers in this segment offer a range of services to help customers maintain and repair their immersion coolers.

    Get more detailed insights about Immersion Coolers Market Research Report—Global Forecast till 2030

    Regional Insights

    Region-wise Immersion Coolers Market has been divided into North America, Europe, Asia-Pacific, Rest of the World. North America held the largest market share of 31.65% in 2022. North America is one of the leading markets for immersion coolers, driven by the presence of a wide range of industries that require effective cooling solutions. The region is home to several established players in the immersion cooler market and a large number of SMEs that offer innovative solutions. The North America immersion coolers market is highly competitive, with several key players including Julabo, Lauda-Brinkmann, and Thermo Fisher Scientific dominating the market.

    These companies offer a wide range of immersion cooling solutions and have a strong presence in the region.

    The market is expected to grow significantly in the coming years, driven by factors such as the increasing adoption of industrial automation, growing demand for energy-efficient cooling solutions, and the rising trend of R&D investments.

    North America is expected to continue to dominate the immersion coolers market due to the presence of major players and increasing adoption of the technology in various industries. However, the market growth may be hindered by factors such as the high cost of immersion cooling solutions and the availability of alternative cooling technologies.

    Key Players and Competitive Insights

    Major market players are spending a lot of money on R&D to increase their product lines, which will help the Immersion Coolers Market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Immersion Coolers Market industry must offer cost-effective products to expand and survive in an increasingly competitive and rising market environment.

    One of the primary business strategies adopted by manufacturers in the global Immersion Coolers industry to benefit clients and expand the Immersion Coolers market sector is to manufacture locally to reduce operating costs. The market for Immersion Coolers is recognized as being extremely competitive and fragmented. The market for Immersion Coolers offers considerable potential opportunities for domestic and unorganised companies. Some of the key players operating in the Immersion Coolers Market are Thermo Fisher Scientific, VWR International, LLC, Daikin Industries, Ltd, JULABO GmbH, Peter Huber Kältemaschinenbau AG, Sp Scientific, Polyscience, Northern Brewer, Analis and Lister Gmbh.

    To increase their global reach and client base, key firms are concentrating on acquisitions and product innovation.

    JULABO GmbH manufactures temperature control devices. The company offers refrigerated and heating circulators, recirculating coolers, and water baths used for research, science and industry. It focuses on modern production technologies and high quality for outstanding products and services. Through its subsidiaries and also with the cooperation with distribution and service partners around the world it serves customers worldwide ensuring the best service.

    VWR International, LLCis a leading global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. Its portfolio is used in virtually every stage of the most important research, development and production activities in the industries. The Company offers products such as biosafety cabinets, cleaning systems, gloves, swabs and wipers, environmental monitoring, labeling, and documentation. VWR International operates worldwide.

    Key Companies in the Immersion Coolers Market market include

    Industry Developments

    November 2021JULABO GmbH has completed acquisition of GAF from Saxony, the medium-sized company that carried additional expertise in electronics and automation to the company.

    June 2019JULABO GmbH has launched CORIO CP. This CORIO circulators have been developed with pioneering technologies for these laboratories and are manufactured to the highest quality standards in Germany. With the new CP models, the CORIO family has added powerful heating immersion circulators, refrigerated circulators, and heating circulators.

    Future Outlook

    Immersion Coolers Market Future Outlook

    The Immersion Coolers Market is projected to grow at a 7.3% CAGR from 2024 to 2035, driven by technological advancements, increasing demand for energy-efficient solutions, and expanding applications across various industries.

    New opportunities lie in:

    • Develop smart immersion coolers with IoT integration for real-time monitoring and efficiency optimization.
    • Explore partnerships with renewable energy firms to enhance sustainability in cooler manufacturing.
    • Invest in R&D for advanced materials that improve thermal efficiency and reduce costs.

    By 2035, the Immersion Coolers Market is poised for robust growth, reflecting evolving consumer needs and technological innovations.

    Market Segmentation

    Immersion Coolers Type Outlook

    • Low Temperature
    • High Temperature

    Immersion Coolers Regional Outlook

    • US
    • Canada

    Immersion Coolers Application Outlook

    • Manufacturing Industry
    • Food Industry
    • Consumer Industry
    • Other

    Immersion Coolers Sales Channel Outlook

    • Manufacturer/Distributor/Service Provider
    • Aftermarket

    Immersion Coolers Cooling Capacity Outlook

    • 10-20kW
    • 21-50kW
    • 51-80kW
    • 80-120kW
    • 121-150kW

    Report Scope

    Report Attribute/Metric Details
    Market Size 2022 USD 2,611.97 million
    Market Size 2023 USD 2,778.09 million
    Market Size 2030 USD 4,462.98 million
    Compound Annual Growth Rate (CAGR) 7.01% (2023-2030)
    Base Year 2022
    Forecast Period 2023-2030
    Historical Data 2019 & 2021
    Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Segments Covered cooling capacity, type, application, sales channel and region
    Geographies Covered North America, Europe, Asia Pacific, Rest of the World
    Countries Covered The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, Saudi Arabia, UAE, Argentina,
    Key Companies Profiled Thermo Fisher Scientific (United States), VWR International, LLC (United States), Daikin Industries, Ltd (Japan), JULABO GmbH (Germany), Peter Huber Kältemaschinenbau AG (Germany), SP Scientific (United States), Polyscience (United States), Northern Brewer (United States), Analis (Belgium) and Lister GmbH (Germany)
    Key Market Opportunities Advancements In Technology, Such As The Development Of Portable Immersion Coolers With User-friendly Interfaces
    Key Market Dynamics Increasing Demand For Temperature Control In Various End-use Industries, Such As Biotechnology, Pharmaceuticals, Healthcare, And Chemical IndustriesGrowing Need For Efficient And Effective Cooling Solutions To Prevent Damage To Equipment And Samples During Research And Development Processes

    Market Highlights

    Author
    Anshula Mandaokar
    Team Lead - Research

    Anshula Mandaokar holds an academic degree in Chemical Engineering and has been contributing to the field for more than 5 years. She has expertise in Market Research and Business Consulting and serves as a Team Lead for a reputed Market Research firm under the Chemicals and Materials domain spectrum. She has worked on multiple projects, generating explicit results in a quick turnaround time. Her understanding of data interpretation justifies her role as a leader.

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    FAQs

    How much is the Immersion Coolers Market?

    Immersion cooling market size was expected US$ 2,611.97 Mn by 2022

    What is the growth rate of the Immersion Coolers Market?

    global Immersion Coolers Market is Expected to Grow at a 7.01% CAGR bya 2030.

    Which region held the largest market share in the Immersion Coolers Market?

    North-America is the largest market regions for Immersion Cooler industry.

    Who are the key players in the Immersion Coolers Market?

    Thermo Fisher Scientific (United States), VWR International, LLC (United States), Daikin Industries, Ltd (Japan), JULABO GmbH (Germany), Peter Huber Kältemaschinenbau AG (Germany), SP Scientific (United States), Polyscience (United States), Northern Brewer (United States), Analis (Belgium) and Lister GmbH (Germany) are the major top players of Immersion Cooler market.

    What cooling capacity led the Immersion Coolers Market?

    10-20 kW is the cooling capacity majorly used in Immersion Coolers Market.

    Which Type had the largest market share in the Immersion Coolers Market?

    Low Temperature Segment has largest market area in Immersion Coolers Market.

    Which Application type had the largest market share in the Immersion Coolers Market?

    In Manufacturing Industry the Immersion Coolers Market applications are majorly covered.

    Which Sale Channel had the largest market share in the Immersion Coolers Market?

    Manufacturer/Distributor/Service Provider are the major Sale Channels.

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    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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