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Immersion Cooling Market to grow by USD 988 Million (2024-2028), driven by rising data center investments, Report on how AI drives market transformation – Technavio

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NEW YORK, Dec. 4, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global immersion cooling market  size is estimated to grow by USD 988 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  28.62%  during the forecast period. Increasing investments in data centers is driving market growth, with a trend towards emergence of advanced technologies. However, lack of demand and awareness  poses a challenge. Key market players include Aecorsis BV, Bitfury Group Ltd., Comfort Systems USA Inc., DCX The Liquid Cooling Co., Delta Electronics Inc., DUG Technology Ltd., Engineered Fluids Inc., Furukawa Electric Co. Ltd., Gigabyte Technology Co. Ltd., Green Revolution Cooling Inc., Iceotope Technologies Ltd., LiquidCool Solutions, LiquidStack B.V., Midas Immersion Cooling, PEZY Computing KK, SixtyOneC, Submer Technologies SL, TEIMMERS, TMGcore Inc., and Wiwynn Corp..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Single-phase immersion cooling and Two-phase immersion cooling), Application (High-performance computing, Edge computing, and Cryptocurrency mining), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

Aecorsis BV, Bitfury Group Ltd., Comfort Systems USA Inc., DCX The Liquid Cooling Co., Delta Electronics Inc., DUG Technology Ltd., Engineered Fluids Inc., Furukawa Electric Co. Ltd., Gigabyte Technology Co. Ltd., Green Revolution Cooling Inc., Iceotope Technologies Ltd., LiquidCool Solutions, LiquidStack B.V., Midas Immersion Cooling, PEZY Computing KK, SixtyOneC, Submer Technologies SL, TEIMMERS, TMGcore Inc., and Wiwynn Corp.

Key Market Trends Fueling Growth

The Immersion Cooling Market is experiencing significant growth due to the trend towards energy-efficient solutions for data centers. This cooling method offers cost advantages by reducing operational expenditures through lower energy consumption. With the increase in complex algorithms, heat generation is a major concern for data centers, particularly in cryptocurrency mining and blockchain technologies. Immersion cooling maintains optimal temperatures, saving energy costs and increasing efficiency, leading to improved mining power and hardware longevity. Leakage and water usage are concerns, but immersion cooling offers improved performance and reliability. Data center operators seek energy savings and reduced maintenance costs, making immersion cooling an attractive infrastructure solution. The market includes tanks, pumps, and heat exchangers, with single-phase systems offering simplicity and energy-saving capabilities. The Artificial Intelligence segment, including high-performance computing, AI applications, and intense learning models, benefits from immersion cooling’s power density handling and thermal conductivity. The Synthetic fuels segment offers versatility and customization for various hardware configurations. Industry dynamics, including digital transformation, cloud services, and AI-driven applications, require low-energy solutions. Immersion cooling’s cooling fluids, such as synthetic fuels, offer stability and compatibility with various hardware components. Data center infrastructure, digital solutions, and electronics industries are adopting immersion cooling for its energy efficiency and IoT capabilities. The market’s scalability and compatibility with various industries, from hospitals and schools to heavy electronics devices, make it a valuable solution for the global workforce and e-commerce sector. Government policies and stringent laws are driving the demand for low-energy solutions, and immersion cooling is a viable alternative to traditional air conditioning systems. The market’s future lies in its ability to adapt to changing lifestyle trends and capital costs, making it a valuable investment for Managed Service Providers. 

The adoption of advanced technologies like machine learning, artificial intelligence, and blockchain is on the rise, requiring more powerful hardware such as tensor processing units (TPUs) and graphics processing units (GPUs). These hardware accelerators generate high thermal loads and can cause power usage in a rack during new workloads. Traditional air-cooling methods struggle to manage these high-density workloads effectively. As densities increase beyond 25-30 kW per rack, immersion cooling has become an increasingly popular solution for managing these workloads efficiently. This cooling method submerges the IT equipment in a non-conductive liquid, allowing for direct contact between the cooling liquid and the components, resulting in more efficient cooling and higher power density. Several service providers are offering immersion cooling solutions tailored to high-density workloads, making it an attractive option for businesses seeking to optimize their data center operations. 

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Market Challenges

The Immersion Cooling Market is experiencing significant growth due to the increasing demand for energy-efficient solutions in data centers. With the rise of energy-intensive applications such as cryptocurrency mining and blockchain technologies, the need for lower energy consumption and optimal temperatures becomes crucial. Data center operators are turning to immersion cooling to reduce energy costs and increase efficiency, leading to longer hardware lifetimes and improved mining power. However, challenges such as leakage, water usage, and heat dissipation must be addressed. The market caters to various sectors, including high-performance computing, artificial intelligence, and healthcare, offering versatility and customization through single-phase systems and cooling fluids. The simplicity and energy-saving capabilities of immersion cooling make it an attractive option for digital transformation, cloud services, and IoT functionality. The market’s scalability and ability to handle intense learning models and power densities make it a valuable investment for managed service providers and industries undergoing capital costs and hardware modification. The future of immersion cooling lies in its ability to adapt to changing industry dynamics, stringent laws, and the growing demand for low-energy solutions in home technologies.ImmerSION cooling systems have gained attention in the IT industry for enhancing infrastructure performance in data centers. Although it’s a developing technology, its impact on conventional IT facilities is minimal due to concerns about potential malfunctions from submerging electronic components in dielectric liquids. Skepticism persists among data center operators. However, immersion cooling has proven beneficial for high-performance computing, cryptocurrency mining, artificial intelligence, machine learning, and data mining applications. Despite these advantages, the adoption rate remains limited due to the perceived risks.

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Segment Overview 

This immersion cooling market report extensively covers market segmentation by

Type 1.1 Single-phase immersion cooling1.2 Two-phase immersion coolingApplication 2.1 High-performance computing2.2 Edge computing2.3 Cryptocurrency miningGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Single-phase immersion cooling-  The single-phase immersion cooling market witnessed significant growth in 2020, with this cooling method leading the market. In single-phase immersion cooling, IT components and systems are submerged in a hydrocarbon-based dielectric fluid, which absorbs the heat produced and is circulated around a chassis or tank to dissipate it. The coolant, a Newtonian fluid, remains in the liquid phase and is circulated using inexpensive, off-the-shelf hoses, pumps, and pipes. Cooling is achieved through standard dry coolers, radiators, or heat exchangers. Single-phase immersion cooling offers simplicity, easier operations, upfront affordability, and lower maintenance. The technology’s cost-effectiveness and energy efficiency are driving its demand, which is expected to continue rising. As consumers become more aware of the tradeoffs between two-phase and single-phase immersion, the demand for single-phase immersion cooling is projected to increase substantially during the forecast period. The single-phase immersion cooling segment’s substantial growth rate underscores its potential as a leading cooling solution in the data center industry.

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Research Analysis

The Immersion Cooling market is witnessing significant growth due to the increasing demand for energy-efficient solutions in various sectors. Immersion cooling offers cost advantages by reducing operational expenditures through lower energy consumption. This cooling technology is gaining popularity in data centers, especially those used for cryptocurrency mining and blockchain technologies, which generate large amounts of heat. The IoT capabilities of immersion cooling make it an ideal solution for cloud computing infrastructure in hyper-scale data centers. The global workforce’s increasing reliance on digital solutions for work and personal use is driving the demand for immersion cooling. The technology’s ability to cool IT components directly, including complex algorithms, is a significant advantage. The industry dynamics are influenced by the changing lifestyle, stringent laws, and the growing importance of capital costs. Hardware modification and Managed Service Providers are also contributing to the market’s growth. Single-phase immersion cooling systems are gaining traction in industries such as schools, electronics, and industry dynamics. The technology’s ability to reduce energy consumption and capital costs makes it an attractive option for various sectors, including e-commerce and IT components.

Market Research Overview

The Immersion Cooling Market is experiencing significant growth due to the increasing demand for energy-efficient solutions in various sectors. Immersion cooling offers cost advantages by reducing operational expenditures through lower energy consumption. This cooling technology is particularly beneficial for data centers, cryptocurrency mining, and blockchain technologies that generate vast amounts of heat. By maintaining optimal temperatures, energy costs are minimized, leading to increased efficiency and improved mining power. Immersion cooling also ensures hardware longevity and reliability, making it an attractive option for data center operators. However, concerns around leakage and water usage remain, necessitating the development of synthetic fuels and other heat dissipation solutions. The market is witnessing innovation in areas such as single-phase systems, artificial intelligence, and high-performance computing. Immersion cooling solutions are being adopted in various industries, including hospitals, schools, and digital solutions, as part of the digital transformation and cloud services. The market dynamics are influenced by factors such as changing lifestyle, stringent laws, and the shift towards low-energy solutions. The versatility and customization offered by immersion cooling make it a popular choice for managing service providers and hardware configurations. Key components of immersion cooling systems include tanks, pumps, heat exchangers, and cooling fluids. The market for cooling fluids is segmented into fluorinated fluids, mineral oil, and synthetic fuels. The market is expected to grow significantly in the coming years due to its energy-saving capabilities, scalability, and simplicity. Immigration cooling solutions are also being explored for use in edge computing and migrating policy institutes. The market is expected to continue its growth trajectory, driven by the increasing demand for energy efficiency and the need to manage the thermal throttling of high-performance IT components.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeSingle-phase Immersion CoolingTwo-phase Immersion CoolingApplicationHigh-performance ComputingEdge ComputingCryptocurrency MiningGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Wistron Celebrates Grand Opening of First U.S. Smart Factory Marking Milestone in Global Smart Manufacturing Strategy

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FORT WORTH, Texas, July 21, 2026 /PRNewswire/ — Wistron Corporation (“Wistron”) celebrated the grand opening of its D1 AI smart facility in Fort Worth, Texas, the site where the first NVIDIA GB300 Grace Blackwell Ultra Superchip was built and mass-produced in the United States. The US$ 700 million facility, spanning approximately 324,000 square foot, was officially unveiled during a ceremony led by Wistron Chairman Simon Lin and NVIDIA Founder and CEO Jensen Huang. Jessica Rogers, Director of the Economic Development Department for the City of Fort Worth, and Alexander Tah-ray Yui, Taiwan’s Representative to the United States, were among the government officials and business leaders who attended, marking a milestone in the expansion of Wistron’s global footprint and advanced manufacturing capabilities.

This is a key hub in Wistron’s global AI infrastructure manufacturing network. The facility runs on NVIDIA accelerated computing and integrates NVIDIA’s Nemotron and Cosmos open frontier models and Omniverse and Metropolis libraries, using digital twin technology to optimize factory design, production workflows, and operational efficiency. It is Wistron’s first U.S.-based manufacturing facility, established to serve customers locally and produce NVIDIA’s most advanced and cutting-edge products. Wistron Chairman Simon Lin said “The operation here is not typical manufacturing. It is new, very comprehensive, and high-tech. Right now we produce the NVIDIA GB300 Grace Blackwell Ultra Superchip, and beyond, we are also going to produce the NVIDIA Vera Rubin Superchip here. In the next couple of years, this location will be one of the most important, as we build AI infrastructure here in the United States. I think this is the reason we say that there will be the next chapter, and we are going to empower AI from Texas.”

Responding to Customer Needs: Texas, the Newest Global Manufacturing Hub
At this pivotal moment for global AI infrastructure, Wistron is drawing on decades of global manufacturing experience to expand its footprint in Texas, a state with a well-established ecosystem for logistics, talent recruitment, and advanced manufacturing. The new D1 facility produces the NVIDIA GB300 Grace Blackwell Ultra Superchip and soon, the NVIDIA Vera Rubin Superchip — critical to powering the next generation of AI computing. The new Fort Worth facility strengthens a critical upstream layer of the AI infrastructure supply chain by expanding domestic capacity to assemble and test NVIDIA AI systems. These servers can be integrated into NVIDIA DSX infrastructure, with DSX providing the common architecture and technologies needed to deploy and operate energy-efficient AI factories at scale.

One-Stop Operational Ecosystem Strengthens U.S. AI Supply Chain Resilience
Behind every breakthrough in AI computing lies the manufacturing capability to scale it. Wistron is expanding its AI server production capabilities from Taiwan to the United States, guided by a vision of precision, efficiency, and sustainability. This reflects a broader industry shift: AI leadership is determined not only by technological breakthroughs, but also by the operational capability to transform innovation into high-volume production with consistent quality, supply chain resilience, and predictable delivery. By establishing AI infrastructure manufacturing capacity in the United States, Wistron is building a one-stop operational ecosystem spanning manufacturing and after-sales service — shortening delivery timelines and customer support cycles, strengthening supply chain resilience, and laying the foundation for long-term competitive advantage as AI infrastructure continues to scale.

Partnering with NVIDIA to Pioneer a New Model for Smart Manufacturing and Energy Optimization
As the era of physical AI begins, Wistron is extending its smart manufacturing capabilities to the United States, creating a new model for AI infrastructure production built on digital manufacturing, energy optimization, and local operations. Jensen Huang said: “The largest infrastructure buildout in history is underway. Demand for AI factories—the engine of this next industrial revolution—is incredible, and they must be produced everywhere. Together, NVIDIA and Wistron are restoring US advanced manufacturing capacity in Texas, creating skilled jobs and strengthening America’s AI supply chain.” As demand for advanced manufacturing grows in Texas, smarter planning of production loads and energy use will give the plant greater control and flexibility over its electricity needs.

Turning Global Experience into Scalable AI Infrastructure
Simon Lin stressed that the speed the AI era demands comes with its own responsibility. “In the AI era, the pressure of speed is also a form of responsibility,” Lin said. “We don’t just need to build fast; we need to build right.”

The Fort Worth plant will serve as the core engine of Wistron’s U.S. manufacturing operations, the company said, connecting its global production network with ecosystem partners as it scales advanced AI manufacturing. Wistron said that the investment reflects efforts to deepen its technical capabilities, strengthen the resilience and efficiency of global supply chains, and support the next phase of AI infrastructure development.

About Wistron:
Wistron Corporation is a leading global technology service provider delivering advanced ICT products, AI infrastructure, and manufacturing solutions to technology brands worldwide. With more than 63,000 employees across North America, Europe, and Asia, Wistron continues to expand its AI, cloud, and advanced manufacturing capabilities to support the next generation of intelligent computing. For more information about Wistron, please visit the official website at www.wistron.com. Additional information about the event is available on the event website.

Media Contact:
Joyce WL Chou
joyce_wl_chou@wistron.com

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SOURCE Wistron Corporation

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NSG Bio Accelerates Breakthrough Biotech Innovation in Singapore

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New initiative under NSG Bio Tomorrow will support promising startups developing next-generation approaches in respiratory and neonatal care

SINGAPORE, July 22, 2026 /PRNewswire/ — The NSG Bio Tomorrow initiative aims at supporting emerging life sciences startups working on complex challenges in respiratory and neonatal care.

Launched through the support of Chiesi Group, The Impulse initiative will provide a selected startup with one year of NSG Bio membership and access to a dedicated laboratory bench at NSG Bio Singapore. The initiative is designed to help early-stage biotech companies move from promising science toward stronger proof-of-concept work in a fully equipped research environment.

The initiative comes at a time when the biotech industry is increasingly looking for faster, more connected ways to move high-potential science from the lab toward real-world patient impact. For startups, access to infrastructure is only one part of the challenge. Equally important are the right networks, industry visibility, technical environment, and opportunities to engage with partners who understand the path from early discovery to clinical relevance.

The programme will focus on startups developing innovative biotechnological solutions with potential relevance to chronic respiratory diseases and neonatal conditions. Areas of interest include cell therapies, gene therapies, gene-editing technologies, regenerative tissue engineering, engineered or programmable living systems, lung-targeted delivery platforms, preventive approaches, and small-molecule-based approaches.

The selected startup will gain access to NSG Bio’s laboratory infrastructure, shared workspaces, meeting facilities, and wider community of biotech entrepreneurs, researchers, scientific leaders, and industry partners. The support is intended to help the company advance key research milestones while becoming part of Singapore’s growing life-science innovation ecosystem.

For NSG Bio, the initiative is part of NSG Bio Tomorrow, its ecosystem-building arm created to expand the company’s role beyond facilities and real estate. While NSG Bio is known for providing high-quality laboratory and office infrastructure for biotech companies, NSG Bio Tomorrow focuses on building the programmes, partnerships, and opportunities that help startups grow.

“Biotech companies need more than lab space. They need access, momentum, and the right ecosystem around them,” said Hasyim Sim, Co-Founder and Chief Operating Officer, NSG Bio. “Through NSG Bio Tomorrow, we are building initiatives that help promising startups connect with partners, unlock opportunities, and move their science forward. This initiative reflects exactly the kind of role we want to play in the biotech ecosystem.”

“Chiesi is committed to supporting innovation that can make a meaningful difference for patients, and we work with entrepreneurs, researchers and partners to advance meaningful ideas,” said Fabrizio Conicella, Vice President, Center of Open Innovation & Competence at Chiesi Group. “By supporting this NSG Bio Tomorrow initiative, we want to create an opportunity for early-stage innovators to access the infrastructure and ecosystem support needed to develop impactful science in respiratory and neonatal care.”

NSG Bio Tomorrow programme also reinforces Singapore’s position as a growing hub for biotech innovation in Asia, where startups, research institutions, investors, and industry partners are increasingly coming together to support the next generation of healthcare companies.

Applications open on 22 July 2026 at 09:00 a.m. SGT. Finalists will be invited to present at a virtual pitch event, after which the selected startup will be announced.

About NSG Bio

NSG Bio is Singapore’s leading provider of BSL-2 certified co-working laboratory and office spaces, supporting life-science companies from early research through growth. Through its facilities, community, and ecosystem initiatives, NSG Bio enables biotech innovators to accelerate research, access networks, and build companies that address critical healthcare challenges.

About NSG Bio Tomorrow

NSG Bio Tomorrow is NSG Bio’s ecosystem-building arm, created to support the next generation of biotech innovation through partnerships, programmes, community initiatives, and opportunities that extend beyond physical laboratory infrastructure. Its mission is to strengthen the biotech industry by connecting startups with the resources, expertise, and networks they need to thrive.

About Chiesi Group 

Chiesi is a research-oriented international biopharmaceutical group that develops and markets innovative therapeutic solutions in respiratory health, rare diseases, and specialty care. The company’s mission is to improve people’s quality of life and act responsibly towards both the community and the environment. As a certified B Corp since 2019, Chiesi is part of a global community of businesses that meet high standards of social and environmental impact. 

With 90 years of experience, Chiesi is headquartered in Parma (Italy), with 31 affiliates worldwide, and counts more than 7,900 employees. The Group’s research and development centre in Parma works alongside 6 other important R&D hubs in France, the US, Canada, China, the UK, and Sweden. For further information please visit https://www.chiesi.com/en/home 

Media Contact
Giridharan
Laboratory Manager
NSG Bio
giridharan@nsgbio.com
87797175

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SOURCE NSG Bio

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House Judiciary Committee Passes Bill that Would Prevent Future Immigration Crises: Swift Action Needed by Full House, Says FAIR

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WASHINGTON, July 21, 2026 /PRNewswire/ — Today, the House Judiciary Committee passed an updated version of H.R. 2, the landmark border security bill from last congressional session. The bill now awaits consideration by the full House of Representatives. The Federation for American Immigration Reform (FAIR) urges Speaker Mike Johnson to schedule a final floor vote as soon as possible.

The Secure Border Act systematically closes the loopholes that allowed the Biden administration to unleash the largest and most damaging wave of illegal immigration in American history. Enactment of this legislation would prevent future anti-borders administrations from shirking their responsibilities to secure our borders and enforce our immigration laws; asserting unlimited discretion to parole inadmissible aliens to enter the country; or releasing millions of illegal aliens into the country, rather than detaining them or returning them to the country from which they entered.

“We congratulate the Judiciary Committee for its swift action on this critical legislation,” said Dale Wilcox, executive director and general counsel of FAIR. “Ending border chaos and rampant illegal immigration was a key reason that Republicans regained control of the White House and both chambers of Congress in the last election. The clock is ticking on the 119th Congress, and Republicans only have a short time to deliver on the promises they made to voters in 2024, before the midterms.

“Right now, our immigration laws are being enforced in the interests of the American people. As the last administration demonstrated, enforcement of those laws is not guaranteed unless Congress acts to prevent similar abuse in the future. Now is the time for decisive action in the House, where this bill can be passed with a simple majority vote, and an opportunity for Senate Majority Leader John Thune to put every member of that body on record before voters go to the polls in the fall,” Wilcox concluded.

Hayley Hill, hhill@fairus.org 202-328-7004

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SOURCE Federation for American Immigration Reform (FAIR)

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