Thailand Data Center Cooling Market Size (2024 - 2029)

The Thailand Data Center Cooling Market is poised for growth, driven by the increasing demand for cloud computing among small and medium enterprises, stringent government regulations on local data security, and rising investments from domestic players. This growth is reflected in the expanding market size, with significant developments in IT load capacity, construction of raised floor areas, and the installation of racks, particularly concentrated in Bangkok. Additionally, the country's strategic position with multiple submarine cable systems enhances its connectivity, further supporting the market's expansion.

Market Size of Thailand Data Center Cooling Industry

Thailand Data Center Cooling Market Summary
Study Period 2018 - 2030
Base Year For Estimation 2023
Market Size (2024) USD 26.07 Million
Market Size (2030) USD 51.40 Million
CAGR (2024 - 2030) 11.98 %
Market Concentration Medium

Major Players

Thailand Data Center Cooling Market Major Players

*Disclaimer: Major Players sorted in no particular order

Thailand Data Center Cooling Market Analysis

The Thailand Data Center Cooling Market size is estimated at USD 26.07 million in 2024, and is expected to reach USD 51.40 million by 2030, growing at a CAGR of 11.98% during the forecast period (2024-2030).

The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in Thailand.

  • The IT load capacity of the Thai data center cooling market is expected to reach 260 MW by 2030. The country's construction of raised floor area is expected to increase to 0.6 million sq. ft by 2030.
  • The country's total number of racks to be installed is expected to reach 31.5 thousand units by 2030. Bangkok is expected to house the maximum number of racks by 2030. The average temperatures are 26.3 °C in the north and 27.5 °C in the south and coast.
  • There are close to 12 submarine cable systems connecting Thailand, and many are under construction. One such submarine cable that started service in 2024 is SEA-H2X, which stretches over 5,000 km with landing points in Songkhla, Thailand.

Thailand Data Center Cooling Industry Segmentation

Data center cooling is a set of techniques and technologies to maintain optimal operating temperatures in data center environments. It is critical as data center facilities house many computer servers and network equipment that generate heat during operation. Efficient cooling systems are used to dissipate this heat and prevent the equipment from overheating, ensuring continued reliable operation of the data center. Various methods, such as air conditioning, liquid cooling, and hot/cold aisle containment, are commonly used to control temperature and humidity in data centers.

The Thai data center cooling market is segmented by technology (air-based cooling [chiller and economizer, CRAH, cooling towers, and other air-based cooling technologies] and liquid-based cooling [immersion cooling, direct-to-chip cooling, and rear-door heat exchanger]), type of data center (hyperscaler, enterprise, and colocation), and end-user industry (IT and telecom, retail and consumer goods, healthcare, media and entertainment, federal and institutional agencies, and other end-user industries). The report offers market sizes and forecasts in value (USD) for all the above segments.

By Cooling Technology
Air-based Cooling
Chiller and Economizer
CRAH
Cooling Tower (Covers Direct, Indirect, and Two-Stage 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
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Thailand Data Center Cooling Market Size Summary

The Thailand data center cooling market is experiencing significant growth, driven by the increasing demand for cloud computing, government regulations on data security, and substantial investments by local players. The country's digital infrastructure is expanding rapidly, with Bangkok expected to host the majority of data center racks. Despite the challenges posed by Thailand's hot and humid climate, the market is adopting advanced cooling technologies such as direct expansion and liquid cooling systems to maintain optimal server temperatures. These technologies are crucial for supporting the rising IT load capacity and the growing number of data centers across the region. The market is also benefiting from the development of submarine cable systems, which enhance connectivity and support the burgeoning digital economy.

The competitive landscape of the Thailand data center cooling market is marked by the presence of major players like Stulz GmbH, Schneider Electric SE, and Vertiv Group Corp., who are leading the charge in adopting sustainable and efficient cooling solutions. Recent advancements include the use of environmentally friendly refrigerants and innovative cooling technologies, such as immersion cooling, which significantly improve energy efficiency. The Thai government's initiatives to foster digital transformation, including partnerships with international tech companies and investments in 5G and AI, are further propelling the demand for data center facilities. As the ICT sector continues to expand, the need for advanced cooling solutions in data centers is expected to grow, ensuring the sustainability and efficiency of digital infrastructure in Thailand.

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Thailand Data Center Cooling Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Key Cost Considerations for Cooling

      1. 1.2.1 Analysis of the Key Cost Overheads Related to DC Operations with an Eye on DC Cooling

      2. 1.2.2 Comparative Study of the Cost and Operational Considerations Related to Each Cooling Technology Based on Key Factors such as Design Complexity, PUE, Advantages, Drawbacks, and Extent of Utilization of Natural Weather Conditions

      3. 1.2.3 Key Innovations and Developments in Data Center Cooling

      4. 1.2.4 Key Energy Efficiency Practices Adopted in Data Centers

  2. 2. INDONESIA DATA CENTER MARKET SEGMENTATION

    1. 2.1 By Cooling Technology

      1. 2.1.1 Air-based Cooling

        1. 2.1.1.1 Chiller and Economizer

        2. 2.1.1.2 CRAH

        3. 2.1.1.3 Cooling Tower (Covers Direct, Indirect, and Two-Stage Cooling)

        4. 2.1.1.4 Other Air-based Cooling Technologies

      2. 2.1.2 Liquid-based Cooling

        1. 2.1.2.1 Immersion Cooling

        2. 2.1.2.2 Direct-to-chip Cooling

        3. 2.1.2.3 Rear-door Heat Exchanger

    2. 2.2 By Type

      1. 2.2.1 Hyperscalers (Owned and Leased)

      2. 2.2.2 Enterprise (On-premise)

      3. 2.2.3 Colocation

    3. 2.3 By End-user Industry

      1. 2.3.1 IT and Telecom

      2. 2.3.2 Retail and Consumer Goods

      3. 2.3.3 Healthcare

      4. 2.3.4 Media and Entertainment

      5. 2.3.5 Federal and Institutional Agencies

      6. 2.3.6 Other End-user Industries

Thailand Data Center Cooling Market Size FAQs

The Thailand Data Center Cooling Market size is expected to reach USD 26.07 million in 2024 and grow at a CAGR of 11.98% to reach USD 51.40 million by 2030.

In 2024, the Thailand Data Center Cooling Market size is expected to reach USD 26.07 million.

Thailand Data Center Cooling Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2030)