Thailand Data Center Cooling Market XX CAGR Growth Analysis 2025-2033

Key Insights

The Thailand data center cooling market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 7.30% from 2025 to 2033. This expansion is fueled by several key drivers. The burgeoning IT and telecommunication sector in Thailand is a primary catalyst, demanding advanced cooling solutions to manage the increasing heat generated by high-density server deployments. Furthermore, the BFSI (Banking, Financial Services, and Insurance) sector's growing reliance on digital infrastructure and the government's initiatives to promote digital transformation are significantly contributing to market growth. The rising adoption of cloud computing and the increasing popularity of big data analytics further amplify the need for efficient and reliable data center cooling systems. While the market faces challenges such as high initial investment costs for advanced cooling technologies and potential power outages, the overall growth trajectory remains positive due to the aforementioned drivers. The market is segmented by cooling technology (air-based, liquid-based, evaporative) and end-user (IT & Telecommunication, BFSI, Government, Media & Entertainment, Others). Leading players like Mitsubishi Heavy Industries, Danfoss, Johnson Controls, Hitachi, Emerson Electric, Schneider Electric, Fujitsu General, Stulz, and Vertiv are actively competing in this dynamic market, constantly innovating to meet the evolving needs of data center operators in Thailand. The forecast period (2025-2033) presents substantial opportunities for market participants, with a projected significant expansion in market size driven by consistent technological advancements and rising demand for data center services.

The competitive landscape is characterized by a mix of both established global players and local providers. The presence of international companies reflects the global nature of the data center industry and the need for advanced cooling solutions. However, local players often possess a strong understanding of the regional market dynamics, offering specialized services and cost-effective solutions. The market is expected to see increased adoption of energy-efficient cooling technologies, such as liquid cooling and evaporative cooling, to address concerns about sustainability and operational costs. Government regulations aimed at promoting energy efficiency and reducing carbon emissions are likely to further drive this trend. The ongoing growth of the digital economy in Thailand, supported by infrastructure investments, ensures the continued expansion of the data center market and its cooling segment in the years to come.

Thailand Data Center Cooling Market Research Report - Market Size, Growth & Forecast

Thailand Data Center Cooling Market: A Comprehensive Report (2019-2033)

This comprehensive report provides a detailed analysis of the Thailand data center cooling market, encompassing market dynamics, growth trends, key players, and future opportunities. The study period spans from 2019 to 2033, with 2025 serving as the base and estimated year. The report offers invaluable insights for industry professionals, investors, and stakeholders seeking to navigate this rapidly evolving market. Market size is presented in million units.

Thailand Data Center Cooling Market Dynamics & Structure

The Thailand data center cooling market is characterized by moderate concentration, with key players such as Mitsubishi Heavy Industries Limited, Danfoss A/S, Johnson Controls International PLC, Hitachi Ltd, Emerson Electric Co, Schneider Electric SE, Fujitsu General Limited, Stulz GmbH, and Vertiv Group Corp vying for market share. Technological innovation, particularly in liquid and immersion cooling, is a significant driver. Stringent government regulations concerning energy efficiency are shaping market dynamics, while the increasing adoption of cloud computing and the growth of data-intensive industries like BFSI and IT & Telecommunication are fueling demand. The market also experiences competitive pressures from alternative cooling technologies and faces challenges related to high initial investment costs for advanced cooling solutions.

Market Concentration: Moderately concentrated, with the top 5 players holding approximately xx% market share in 2025.
Technological Innovation: Rapid advancements in liquid cooling and immersion cooling are driving market growth.
Regulatory Framework: Government initiatives promoting energy efficiency are influencing technology adoption.
Competitive Product Substitutes: Air-based cooling systems continue to compete with newer liquid and evaporative solutions.
End-User Demographics: IT & Telecommunication, BFSI, and Government sectors dominate market demand.
M&A Trends: A moderate number of M&A deals, averaging xx per year during the historical period (2019-2024).

Thailand Data Center Cooling Market Growth Trends & Insights

The Thailand data center cooling market experienced robust growth during the historical period (2019-2024), with a CAGR of xx%. This growth is primarily driven by the increasing adoption of data centers across various sectors. The market size is projected to reach xx million units in 2025, and further expansion is anticipated during the forecast period (2025-2033), reaching xx million units by 2033, driven by factors such as increasing digitalization, growing adoption of cloud computing services, and the expansion of the IT and telecommunications sectors. Technological disruptions, such as the introduction of immersion cooling, are expected to significantly influence market adoption rates. Consumer behavior is shifting towards more sustainable and energy-efficient cooling solutions, creating opportunities for innovative providers.

Dominant Regions, Countries, or Segments in Thailand Data Center Cooling Market

Bangkok and other major urban centers in Thailand are dominating the data center cooling market due to the high concentration of data centers and IT infrastructure. The IT & Telecommunication sector is the leading end-user segment, followed by BFSI and Government. Within cooling technologies, air-based cooling currently holds the largest market share, but liquid-based cooling is experiencing the fastest growth due to its higher efficiency and suitability for high-density data centers.

Key Drivers:
- Strong economic growth in Thailand fueling investment in IT infrastructure.
- Government policies supporting digital transformation and data center development.
- Expanding telecommunications infrastructure.
Dominance Factors:
- High concentration of data centers in Bangkok.
- Strong demand from the IT & Telecommunication sector.
- Rapid growth of liquid-based cooling technologies.

Thailand Data Center Cooling Market Product Landscape

The Thailand data center cooling market offers a diverse range of products, from traditional air-based cooling systems to advanced liquid-based and immersion cooling solutions. Recent innovations focus on improving energy efficiency, reducing water consumption, and enhancing cooling capacity. Key features include improved heat transfer mechanisms, advanced control systems, and modular designs for greater flexibility and scalability. The unique selling propositions often revolve around energy savings, reduced environmental impact, and improved reliability.

Key Drivers, Barriers & Challenges in Thailand Data Center Cooling Market

Key Drivers:

Growing demand for data centers driven by digitalization and cloud adoption.
Government initiatives promoting energy efficiency and sustainable technologies.
Advancements in cooling technologies offering improved performance and reduced costs.

Key Challenges & Restraints:

High initial investment costs for advanced cooling systems can hinder adoption.
Limited skilled workforce for installation and maintenance of sophisticated technologies.
Potential supply chain disruptions impacting availability and cost of components.

Emerging Opportunities in Thailand Data Center Cooling Market

Growing demand for energy-efficient cooling solutions in response to environmental concerns.
Expansion of data centers in secondary cities and regions presents untapped market potential.
Adoption of advanced cooling technologies like immersion cooling for high-performance computing.

Growth Accelerators in the Thailand Data Center Cooling Market Industry

The Thailand data center cooling market's long-term growth is fueled by technological advancements, strategic partnerships between cooling technology providers and data center operators, and expansion into new geographic areas and market segments. Government support for data center infrastructure and green initiatives, coupled with increasing digitalization across various sectors, will accelerate market growth over the forecast period.

Key Players Shaping the Thailand Data Center Cooling Market

Notable Milestones in Thailand Data Center Cooling Market Sector

May 2022: Intel's USD 700 million investment in liquid and immersion cooling R&D and the launch of an immersion-cooled reference design significantly boosted the market's focus on sustainable cooling technologies.
March 2023: Interactive's launch of its Immersion Data Center Cooling solution, utilizing Vertiv's Green Revolution cooling tanks, highlights the growing adoption of advanced cooling solutions for high-performance computing.

In-Depth Thailand Data Center Cooling Market Outlook

The future of the Thailand data center cooling market is bright, driven by continued digital transformation, government support for data center infrastructure, and the emergence of innovative cooling technologies like immersion cooling. Strategic partnerships and investments in R&D will play a crucial role in shaping the market landscape. Companies focusing on sustainable and energy-efficient solutions are poised to capture significant market share in the years to come.

Thailand Data Center Cooling Market Segmentation

1. Cooling Technology
- 1.1. Air-based Cooling
  - 1.1.1. Chiller and Economizer
  - 1.1.2. CRAH
  - 1.1.3. Cooling
  - 1.1.4. Other Air-based Cooling Technologies
- 1.2. Liquid-based Cooling
  - 1.2.1. Immersion Cooling
  - 1.2.2. Direct-to-chip Cooling
  - 1.2.3. Rear-door Heat Exchanger
2. Type
- 2.1. Hyperscalers (Owned and Leased)
- 2.2. Enterprise (On-premise)
- 2.3. Colocation
3. End-user Industry
- 3.1. IT and Telecom
- 3.2. Retail and Consumer Goods
- 3.3. Healthcare
- 3.4. Media and Entertainment
- 3.5. Federal and Institutional Agencies
- 3.6. Other End-user Industries

Thailand Data Center Cooling Market Segmentation By Geography

1. Thailand

Thailand Data Center Cooling Market Regional Share

Thailand Data Center Cooling Market REPORT HIGHLIGHTS

Aspects	Details
Study Period	2019-2033
Base Year	2024
Estimated Year	2025
Forecast Period	2025-2033
Historical Period	2019-2024
Growth Rate	CAGR of 7.30% from 2019-2033
Segmentation	By Cooling Technology Air-based Cooling Chiller and Economizer CRAH Cooling Other Air-based Cooling Technologies Liquid-based Cooling Immersion Cooling Direct-to-chip Cooling Rear-door Heat Exchanger By Type Hyperscalers (Owned and Leased) Enterprise (On-premise) Colocation By End-user Industry IT and Telecom Retail and Consumer Goods Healthcare Media and Entertainment Federal and Institutional Agencies Other End-user Industries By Geography Thailand

1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
- 2.1. Introduction
3. Market Dynamics
- 3.1. Introduction
- - 3.2. Market Drivers
  - - 3.2.1. Development of IT Infrastructure in the Region; Emergence of Green Data Centers
- - 3.3. Market Restrains
  - - 3.3.1 Costs
    - 3.3.2 Adaptability Requirements
    - 3.3.3 and Power Outages
- - 3.4. Market Trends
  - - 3.4.1. Liquid-based Cooling is The Fastest Growing Segment
4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
5. Thailand Data Center Cooling Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Cooling Technology
  - 5.1.1. Air-based Cooling
    - 5.1.1.1. Chiller and Economizer
    - 5.1.1.2. CRAH
    - 5.1.1.3. Cooling
    - 5.1.1.4. Other Air-based Cooling Technologies
  - 5.1.2. Liquid-based Cooling
    - 5.1.2.1. Immersion Cooling
    - 5.1.2.2. Direct-to-chip Cooling
    - 5.1.2.3. Rear-door Heat Exchanger
- 5.2. Market Analysis, Insights and Forecast - by Type
  - 5.2.1. Hyperscalers (Owned and Leased)
  - 5.2.2. Enterprise (On-premise)
  - 5.2.3. Colocation
- 5.3. Market Analysis, Insights and Forecast - by End-user Industry
  - 5.3.1. IT and Telecom
  - 5.3.2. Retail and Consumer Goods
  - 5.3.3. Healthcare
  - 5.3.4. Media and Entertainment
  - 5.3.5. Federal and Institutional Agencies
  - 5.3.6. Other End-user Industries
- 5.4. Market Analysis, Insights and Forecast - by Region
  - 5.4.1. Thailand
6. Competitive Analysis
- 6.1. Market Share Analysis 2024
- - 6.2. Company Profiles
  - - 6.2.1 Mitsubishi Heavy Industries Limited
      6.2.1.1. Overview
      6.2.1.2. Products
      6.2.1.3. SWOT Analysis
      6.2.1.4. Recent Developments
      6.2.1.5. Financials (Based on Availability)
    - 6.2.2 Danfoss A/S*List Not Exhaustive
      6.2.2.1. Overview
      6.2.2.2. Products
      6.2.2.3. SWOT Analysis
      6.2.2.4. Recent Developments
      6.2.2.5. Financials (Based on Availability)
    - 6.2.3 Johnson Controls International PLC
      6.2.3.1. Overview
      6.2.3.2. Products
      6.2.3.3. SWOT Analysis
      6.2.3.4. Recent Developments
      6.2.3.5. Financials (Based on Availability)
    - 6.2.4 Hitachi Ltd
      6.2.4.1. Overview
      6.2.4.2. Products
      6.2.4.3. SWOT Analysis
      6.2.4.4. Recent Developments
      6.2.4.5. Financials (Based on Availability)
    - 6.2.5 Emerson Electric Co
      6.2.5.1. Overview
      6.2.5.2. Products
      6.2.5.3. SWOT Analysis
      6.2.5.4. Recent Developments
      6.2.5.5. Financials (Based on Availability)
    - 6.2.6 Schneider Electric SE
      6.2.6.1. Overview
      6.2.6.2. Products
      6.2.6.3. SWOT Analysis
      6.2.6.4. Recent Developments
      6.2.6.5. Financials (Based on Availability)
    - 6.2.7 Fujitsu General Limited
      6.2.7.1. Overview
      6.2.7.2. Products
      6.2.7.3. SWOT Analysis
      6.2.7.4. Recent Developments
      6.2.7.5. Financials (Based on Availability)
    - 6.2.8 Stulz GmbH
      6.2.8.1. Overview
      6.2.8.2. Products
      6.2.8.3. SWOT Analysis
      6.2.8.4. Recent Developments
      6.2.8.5. Financials (Based on Availability)
    - 6.2.9 Vertiv Group Corp
      6.2.9.1. Overview
      6.2.9.2. Products
      6.2.9.3. SWOT Analysis
      6.2.9.4. Recent Developments
      6.2.9.5. Financials (Based on Availability)

List of Figures

Figure 1: Thailand Data Center Cooling Market Revenue Breakdown (Million, %) by Product 2024 & 2032
Figure 2: Thailand Data Center Cooling Market Share (%) by Company 2024

List of Tables

Table 1: Thailand Data Center Cooling Market Revenue Million Forecast, by Region 2019 & 2032
Table 2: Thailand Data Center Cooling Market Revenue Million Forecast, by Cooling Technology 2019 & 2032
Table 3: Thailand Data Center Cooling Market Revenue Million Forecast, by Type 2019 & 2032
Table 4: Thailand Data Center Cooling Market Revenue Million Forecast, by End-user Industry 2019 & 2032
Table 5: Thailand Data Center Cooling Market Revenue Million Forecast, by Region 2019 & 2032
Table 6: Thailand Data Center Cooling Market Revenue Million Forecast, by Country 2019 & 2032
Table 7: Thailand Data Center Cooling Market Revenue Million Forecast, by Cooling Technology 2019 & 2032
Table 8: Thailand Data Center Cooling Market Revenue Million Forecast, by Type 2019 & 2032
Table 9: Thailand Data Center Cooling Market Revenue Million Forecast, by End-user Industry 2019 & 2032
Table 10: Thailand Data Center Cooling Market Revenue Million Forecast, by Country 2019 & 2032

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Thailand Data Center Cooling Market?

The projected CAGR is approximately 7.30%.

2. Which companies are prominent players in the Thailand Data Center Cooling Market?

Key companies in the market include Mitsubishi Heavy Industries Limited, Danfoss A/S*List Not Exhaustive, Johnson Controls International PLC, Hitachi Ltd, Emerson Electric Co, Schneider Electric SE, Fujitsu General Limited, Stulz GmbH, Vertiv Group Corp.

3. What are the main segments of the Thailand Data Center Cooling Market?

The market segments include Cooling Technology, Type, End-user Industry.

4. Can you provide details about the market size?

The market size is estimated to be USD XX Million as of 2022.

5. What are some drivers contributing to market growth?

Development of IT Infrastructure in the Region; Emergence of Green Data Centers.

6. What are the notable trends driving market growth?

Liquid-based Cooling is The Fastest Growing Segment.

7. Are there any restraints impacting market growth?

Costs. Adaptability Requirements. and Power Outages.

8. Can you provide examples of recent developments in the market?

March 2023: Interactive, a leading managed service provider (MSP), unveiled its groundbreaking Immersion Data Center Cooling solution aimed at enhancing high-performance computing (HPC) capabilities for its valued clientele. Collaborating closely with digital infrastructure provider Vertiv, Interactive has integrated cutting-edge Green Revolution cooling tanks into its system. These tanks utilize a single-phase, non-conductive coolant renowned for its electrical component safety, boasting an impressive heat transfer capacity that surpasses that of air by a staggering 1200 times.

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in Million.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Thailand Data Center Cooling Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Thailand Data Center Cooling Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Thailand Data Center Cooling Market?

To stay informed about further developments, trends, and reports in the Thailand Data Center Cooling Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

Web Analytics
Survey Reports
Research Institute
Latest Research Reports
Opinion Leaders

Secondary Research

Annual Reports
White Paper
Latest Press Release
Industry Association
Paid Database
Investor Presentations

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.