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Fujitsu Limited and 3M company held significant market share of over 9% market share in 2023. These companies are expanding their market presence through strategic partnerships and innovative solutions. Collaborations with established cooling technology firms grant access to state-of-the-art immersion cooling solutions, expanding their reach across various customer segments. These partnerships facilitate the provision of comprehensive immersion cooling options, encompassing both single-phase and two-phase systems, thus catering to a wide array of data center requirements and solidifying their position in the market.
Furthermore, enterprises are making substantial investments in research and development to advance immersion cooling technology. This includes the introduction of novel cooling fluids with enhanced thermal characteristics and the creation of modular immersion cooling systems for seamless integration into current data center infrastructures. Such dedication to innovation enriches their product portfolios and positions them as frontrunners in the fast-evolving data center immersion cooling industry, driving market expansion.
Major players operating in the market are: