Thailand Data Center Cooling Market Report: Trends and Forecasts 2025-2033

Key Insights

The Thailand data center cooling market is experiencing robust growth, driven by the increasing adoption of cloud computing, the proliferation of data-intensive applications, and the expanding digital economy within the country. A 7.30% CAGR from 2019-2033 indicates a significant upward trajectory. Key segments driving this expansion include IT & Telecommunication, BFSI (Banking, Financial Services, and Insurance), and the Government sector, all heavily reliant on reliable and efficient data center operations. The market's segmentation by cooling technology reveals a diverse landscape, with air-based cooling currently dominating, followed by liquid-based and evaporative cooling solutions. As energy efficiency becomes a paramount concern, the adoption of liquid-based and evaporative cooling technologies is projected to increase considerably over the forecast period (2025-2033). This shift is fueled by the need to reduce operational costs and minimize the environmental impact of data centers. Leading players like Mitsubishi Heavy Industries, Danfoss, Johnson Controls, and Hitachi are actively competing to capitalize on this growth, offering a range of advanced cooling solutions tailored to the specific needs of the Thai market. While specific market size figures for 2025 and beyond aren't provided, reasonable estimation using the 7.3% CAGR and considering industry averages for similar markets suggests substantial expansion, possibly reaching hundreds of millions of USD in the coming years. Factors such as government initiatives promoting digital infrastructure and increasing foreign investment in the Thai technology sector are further bolstering market expansion.

The restraints on market growth primarily involve the high initial investment costs associated with implementing advanced cooling systems and the potential challenges of maintaining these systems in the tropical climate of Thailand. However, long-term cost savings due to improved energy efficiency and reduced downtime are expected to offset initial investment barriers. Furthermore, the rising awareness of sustainable practices within the data center industry is driving demand for energy-efficient solutions, paving the way for sustainable growth of the market. The competitive landscape is characterized by both global and regional players, resulting in a dynamic market with continuous innovation in cooling technologies and service offerings. This competition will likely further enhance market growth by making advanced cooling solutions more accessible and affordable.

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 an in-depth analysis of the Thailand data center cooling market, offering invaluable insights for industry stakeholders, investors, and strategists. The report covers the period from 2019 to 2033, with 2025 as the base year and a forecast period spanning 2025-2033. Expect detailed analysis across key segments, including cooling technologies (air-based, liquid-based, evaporative) and end-users (IT & Telecommunication, BFSI, Government, Media & Entertainment, and Others). The report meticulously examines market size, growth drivers, challenges, competitive dynamics, and future projections, enabling informed decision-making in this rapidly evolving market. The total market value in 2025 is estimated at xx Million USD.

Thailand Data Center Cooling Market Market Structure & Competitive Dynamics

The Thailand data center cooling market exhibits a moderately concentrated structure, with several key players holding significant market share. The market is characterized by a dynamic innovation ecosystem driven by the need for energy-efficient and sustainable cooling solutions. Regulatory frameworks, particularly those focused on energy consumption and environmental sustainability, significantly influence market growth. Product substitution, particularly the shift towards liquid and immersion cooling technologies, is a key trend. Mergers and acquisitions (M&A) activities are relatively frequent, with deal values ranging from xx Million USD to xx Million USD in recent years.

Market Concentration: The top five players hold an estimated xx% market share.
Innovation Ecosystem: Strong focus on R&D for advanced cooling technologies.
Regulatory Landscape: Emphasis on energy efficiency and environmental compliance.
Product Substitution: Growing adoption of liquid and immersion cooling.
M&A Activity: Significant consolidation observed in recent years with deals valued at xx Million USD to xx Million USD.

End-user trends, particularly the rapid growth of the IT & Telecommunication sector, drive demand for high-capacity, reliable cooling solutions.

Thailand Data Center Cooling Market Industry Trends & Insights

The Thailand data center cooling market is experiencing robust growth, fueled by the increasing adoption of cloud computing, big data analytics, and the expanding digital economy. The market's Compound Annual Growth Rate (CAGR) during the forecast period (2025-2033) is projected to be xx%, driven by several factors. Technological disruptions, such as the emergence of immersion cooling and advanced liquid cooling techniques, are reshaping the competitive landscape. Consumer preferences are shifting towards sustainable and energy-efficient solutions, further influencing market dynamics. Market penetration of liquid-based cooling systems is expected to increase from xx% in 2025 to xx% by 2033. This is partly driven by increasing energy costs and stringent environmental regulations.

Thailand Data Center Cooling Market Growth

Dominant Markets & Segments in Thailand Data Center Cooling Market

The IT & Telecommunication sector currently dominates the Thailand data center cooling market, accounting for xx% of the total market value in 2025. Bangkok and other major metropolitan areas are the key regional hubs.

Dominant Segments:

End-User: IT & Telecommunication (Key Drivers: Rapid growth of data centers, increasing data traffic)
Cooling Technology: Air-based cooling (Key Drivers: Cost-effectiveness, established technology) but with growing adoption of liquid-based cooling (Key Drivers: Higher efficiency, suitability for high-density computing).

Regional Dominance: Bangkok and other major urban centers demonstrate the highest demand, driven by concentrated data center infrastructure and robust economic activity. Government initiatives promoting digital infrastructure further contribute to regional dominance.

Thailand Data Center Cooling Market Product Innovations

Recent product innovations include the introduction of immersion cooling systems and advanced liquid cooling technologies. These advancements offer significantly higher cooling efficiency and reduced energy consumption compared to traditional air-based cooling methods. This aligns with the growing market demand for sustainable and environmentally friendly data center solutions. Several companies are focusing on developing compact and modular designs to optimize space utilization and reduce installation costs.

Report Segmentation & Scope

The report segments the market by cooling technology (Air-based Cooling, Liquid-based Cooling, Evaporative Cooling) and end-user (IT & Telecommunication, BFSI, Government, Media & Entertainment, Other End-Users). Each segment is analyzed in detail, providing insights into market size, growth projections, and competitive dynamics. Growth projections vary across segments, with liquid-based cooling exhibiting the highest growth potential due to its superior energy efficiency and suitability for high-density computing environments. Competitive dynamics are shaped by factors like technological innovation, pricing strategies, and partnerships.

Key Drivers of Thailand Data Center Cooling Market Growth

The market's growth is primarily driven by the rapid expansion of data centers, fueled by the increasing adoption of cloud computing and big data analytics. Government initiatives promoting digital infrastructure and investments in advanced technologies further contribute to market growth. The increasing demand for energy-efficient cooling solutions, driven by rising energy costs and environmental concerns, is a significant factor.

Challenges in the Thailand Data Center Cooling Market Sector

Challenges include the high initial investment costs associated with advanced cooling technologies like immersion cooling. Supply chain disruptions can impact the availability of components, potentially leading to delays in project implementation. Competitive pressures from established players and the emergence of new entrants create a dynamic market environment.

Leading Players in the Thailand Data Center Cooling Market Market

Key Developments in Thailand Data Center Cooling Market Sector

May 2022: Intel invested USD 700 Million in liquid and immersion cooling technology research, releasing a new immersion-cooled reference design. This significantly boosts the market's focus on sustainable, high-performance cooling.
March 2023: Interactive launched an immersion data center cooling solution using Vertiv's Green Revolution cooling tanks, showcasing the practical application of advanced technologies and highlighting a 1200x improvement in heat transfer compared to air cooling. This signifies a pivotal moment in the market's adoption of advanced cooling methods.

Strategic Thailand Data Center Cooling Market Outlook

The Thailand data center cooling market presents significant growth potential over the forecast period. Strategic opportunities exist for companies focusing on energy-efficient and sustainable solutions, including liquid and immersion cooling technologies. Partnerships and collaborations will be crucial for driving innovation and market penetration. The increasing demand from various sectors, coupled with government support for digital infrastructure, points towards a positive market outlook.

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.