Thailand Data Center Power Market Size (2024 - 2029)

Thailand Data Center Power Market Analysis

The Thailand Data Center Power Market size is estimated at USD 413.20 million in 2024, and is expected to reach USD 701.80 million by 2029, growing at a CAGR of 10.53% during the forecast period (2024-2029).

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 the country.

• Under Construction IT Load Capacity: The IT load capacity of the Thai data center market is expected to grow steadily and reach 269.9 MW by 2029.
• Under Construction Raised Floor Space: The country's total raised floor area is expected to reach 0.6 million sq. ft by 2029.
• Planned Racks: The country's total number of installed racks may reach 31,469 units by 2029. Bangkok is expected to house the maximum number of racks by 2029.
• DC Facilities: Bangkok is well-positioned to connect investors to new opportunities arising from the increasing border trade and the region’s rapid economic growth. With the huge potential of renewable advantage and a focus on sustainability, the number of facilities is expected to increase during the forecast period.
• Leading Market Player: STT GDC Pte Ltd (having the same 20 MW IT load) is built to support the growing demand for digital infrastructure due to the rising consumption of rich media and the digital transformation of business and government enterprises. It is certified with LEED GOLD TIA-942 Rated-3, UTI TCDD TIER III, and other certificates.
• The government considers power-saving measures such as subsidies to increase energy efficiency or productivity and moves toward a low-carbon system to solve the electricity problem and crisis. In support of the above policy and to reduce energy consumption, key market players are focusing on introducing efficient power management systems such as PDUs, busways, and UPS for the purpose of controlling unnecessary expenditures in data centers, which is expected to fuel market growth.

Thailand Data Center Power Industry Segmentation

Data center power refers to the power infrastructure, including electrical components and electrical distribution systems, that provide the power necessary to operate and support the devices and servers within the data center. It includes various components and technologies designed to ensure a reliable, uninterruptible power supply for data center IT equipment, including uninterruptible power supplies (UPS), power distribution units (PDU), backup generators, and other power management solutions tailored to the specific needs of data centers. Data center operators achieve data center redundancy through duplicated components to maintain uninterrupted operations in the event of failure of some components and to maintain uptime during maintenance.

The Thai data center power market is segmented by power infrastructure (electrical solution {UPS system, generators, power distribution solutions [PDU, switchgear, critical power distribution, transfer switches, remote power panels, other power distribution solutions]}, and service) and end user (IT and telecommunication, BFSI, government, media and entertainment, and other end users). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.