Who are the key players in Thailand Data Center Construction Market?

Aurecon Group Pty Ltd., AECOM Thailand Limited, Acme Associates., Syntec Construction and Central Pattana PCL are the major companies operating in the Thailand Data Center Construction Market. Read More

What years does this Thailand Data Center Construction Market cover, and what was the market size in 2023?

In 2023, the Thailand Data Center Construction Market size was estimated at USD 0.73 billion. The report covers the Thailand Data Center Construction Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Thailand Data Center Construction Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Thailand Data Center Construction Market Size

Market Size of Thailand Data Center Construction Industry

Thailand Data Center Construction Market Summary

Study Period	2019 - 2029
Base Year For Estimation	2023
Market Size (2024)	USD 0.8 Billion
Market Size (2030)	USD 1.30 Billion
CAGR (2024 - 2030)	9.05 %
Market Concentration	Medium
Major Players *Disclaimer: Major Players sorted in no particular order

Thailand Data Center Construction Market Analysis

The Thailand Data Center Construction Market size is estimated at USD 0.8 billion in 2024, and is expected to reach USD 1.30 billion by 2030, growing at a CAGR of 9.05% during the forecast period (2024-2030).

Given Bangkok's strategic location, it stands as a pivotal hub, linking investors to burgeoning opportunities spurred by escalating border trade and the region's swift economic expansion. Bolstered by Thailand's promising renewable energy landscape and a steadfast commitment to sustainability, the number of facilities is poised for a notable uptick in the coming years.

The upcoming IT load capacity in the region is expected to reach 290 MW by 2030, which is projected to positively impact the demand for data center racks during the forecast period.
The construction of raised floor area for data centers in the region is expected to reach 10,72,812 sq. ft by 2030 for under construction raised floor space.
The region's total number of racks to be installed is expected to reach 53k units by 2030. Bangkok is expected to house the maximum number of racks.
There are close to 8 submarine cable systems connecting Thailand, and many are under construction. One such submarine cable that is estimated to start service in Q1 2025 is Southeast Asia-Japan Cable 2 (SJC2), which stretches over 10,500 kilometers with landing points from Songkhla, Thailand.

Thailand Data Center Construction Industry Segmentation

Data center construction combines physical processes used to construct a data center facility. It chains construction standards with data center operational environment requirements.

The data center construction market in Thailand is segmented by infrastructure (electrical infrastructure (power distribution solution (PDU, transfer switches, switchgear, power panels and components, and other power distribution solutions)), power backup solution (UPS, generators), service – design & consulting, integration, support & maintenance)), mechanical infrastructure (cooling systems (immersion cooling, direct-to-chip cooling, rear door heat exchanger, in-row and in-rack cooling)), racks, and other mechanical infrastructure)), and general construction)), tier type (tier 1 and 2, tier 3, and tier 4), and end user (banking, financial services and insurance, IT and telecommunications, government and defense, healthcare, and other end user). The market sizes and forecasts are provided in USD value for all the above segments.

Market Segmentation - By Infrastructure

Market Segmentation - By Electrical Infrastructure

Power Distribution Solution

PDU - Basic & Smart - Metered & Switched solutions

Transfer Switches
	Static
	Automatic (ATS)

Switchgear
	Low-Voltage
	Medium-Voltage

Power Panels and Components

Thailand Data Center Construction Market Size Summary

The Thailand Data Center Construction Market is poised for significant growth, driven by the country's strategic position and economic expansion. Bangkok, as a central hub, offers unique advantages such as exemptions on import duties for raw materials and machinery, and its connectivity through air and sea freight. The collaboration between Cisco Systems Inc. and Thailand aims to enhance digitalization, focusing on local enterprise acceleration, technological innovation, and national infrastructure digitization. Additionally, the Digital Economy Promotion Agency's initiatives to boost the digital economy and smart city development further contribute to market expansion. The increasing reliance on data centers is also fueled by the rise of mobile health applications and smart technologies in the healthcare sector, creating new opportunities for market vendors.

The market is characterized by a concentration of medium and small-sized data centers, with Bangkok hosting the majority. The ongoing construction of facilities by companies like True Internet Data Center Co. Ltd and Nautilus Data Technologies is expected to bolster the segment's growth. The market is fairly consolidated, with major players such as Arup Group, Delta Electronics (Thailand), and Gulf Energy Development Public Company Limited holding significant shares. Recent investments, including those by Evolution Data Centers and NTT Ltd, highlight the growing demand for data centers, particularly for cloud providers. These developments, alongside strategic partnerships and joint ventures, are anticipated to create substantial opportunities for vendors in the Thai data center construction market.

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Thailand Data Center Construction Market Size - Table of Contents

1. MARKET SEGMENTATION
1. 1.1 Market Segmentation - By Infrastructure
  1. 1.1.1 Market Segmentation - By Electrical Infrastructure
    1. 1.1.1.1 Power Distribution Solution
      1. 1.1.1.1.1 PDU - Basic & Smart - Metered & Switched solutions
      2. 1.1.1.1.2 Transfer Switches
        
        1.1.1.1.2.1 Static
        
        1.1.1.1.2.2 Automatic (ATS)
      3. 1.1.1.1.3 Switchgear
        
        1.1.1.1.3.1 Low-Voltage
        
        1.1.1.1.3.2 Medium-Voltage
      4. 1.1.1.1.4 Power Panels and Components
      5. 1.1.1.1.5 Other Power Distribution Solutions
    2. 1.1.1.2 Power Backup Solutions
      1. 1.1.1.2.1 UPS
      2. 1.1.1.2.2 Generators
    3. 1.1.1.3 Service - Design & Consulting, Integration, Support & Maintenance
  2. 1.1.2 Market Segmentation - By Mechanical Infrastructure
    1. 1.1.2.1 Cooling Systems
      1. 1.1.2.1.1 Immersion Cooling
      2. 1.1.2.1.2 Direct-To-Chip Cooling
      3. 1.1.2.1.3 Rear Door Heat Exchanger
      4. 1.1.2.1.4 In-Row and In-Rack Cooling
    2. 1.1.2.2 Racks
    3. 1.1.2.3 Other Mechanical Infrastructure
  3. 1.1.3 General Construction
2. 1.2 Market Segmentation - By Tier Type
  1. 1.2.1 Tier 2 and 2
  2. 1.2.2 Tier 3
  3. 1.2.3 Tier 4
3. 1.3 Market Segmentation - By End User
  1. 1.3.1 Banking, Financial Services, and Insurance
  2. 1.3.2 IT and Telecommunications
  3. 1.3.3 Government and Defense
  4. 1.3.4 Healthcare
  5. 1.3.5 Other End Users

Thailand Data Center Construction Market Size FAQs

How big is the Thailand Data Center Construction Market?

The Thailand Data Center Construction Market size is expected to reach USD 0.8 billion in 2024 and grow at a CAGR of 9.05% to reach USD 1.30 billion by 2030.