Key Insights
The Thailand data center cooling market is experiencing robust growth, projected to reach a significant market size driven by the increasing adoption of data centers across various sectors. The 7.30% CAGR from 2019 to 2024 indicates a consistently expanding market, fueled by the burgeoning IT and telecommunication sector, the expanding BFSI (Banking, Financial Services, and Insurance) industry, and government initiatives promoting digital infrastructure development. Further growth is expected from the Media & Entertainment sector's increasing reliance on digital content and data storage. While precise figures for the market size are not provided, we can infer significant value based on the indicated CAGR and the substantial investment in data center infrastructure observed in Thailand. The market is segmented by cooling technology (air-based, liquid-based, and evaporative), each offering unique advantages and limitations, influencing adoption based on factors such as cost, efficiency, and environmental impact. The market is also segmented by end-user, reflecting the diverse industries driving demand. Air-based cooling systems likely dominate the market currently, owing to their relative affordability and ease of implementation. However, as data center densities increase and energy efficiency becomes paramount, liquid-based and evaporative cooling solutions are anticipated to witness accelerated growth. Leading companies such as Mitsubishi Heavy Industries, Danfoss, Johnson Controls, and Hitachi are actively competing in this dynamic market, each offering a range of innovative cooling solutions tailored to specific needs. Market restraints could include high initial investment costs for advanced cooling technologies and the need for skilled technicians for installation and maintenance.
The forecast period (2025-2033) anticipates continued expansion, driven by government policies aimed at boosting digital transformation, increasing cloud computing adoption, and rising demand for data storage and processing capabilities. The competitive landscape is expected to remain highly dynamic, with ongoing technological advancements and increasing consolidation among market players. The shift towards sustainable and energy-efficient data center operations will strongly influence technology adoption, favoring solutions with lower environmental impact and reduced operational costs. Further growth will be facilitated by advancements in cooling technologies that enhance efficiency, reduce power consumption, and improve overall reliability. The market's segmentation by end-user will continue to be crucial, providing insights into the specific requirements and preferences of different industries, guiding tailored product development and marketing strategies.

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, encompassing market dynamics, growth trends, dominant segments, key players, and future opportunities. The study period covers 2019-2033, with 2025 as the base and estimated year. The report is essential for industry professionals, investors, and strategic decision-makers seeking a clear understanding of this rapidly evolving market. Market values are 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, alongside increasing government initiatives promoting digital infrastructure development. Regulatory frameworks concerning energy efficiency are shaping product choices. The market faces competitive pressure from substitute technologies and evolving end-user needs. M&A activity remains relatively low, with xx deals recorded in the historical period (2019-2024), resulting in a xx% market share for top 5 players in 2024.
- Market Concentration: Moderately concentrated, with top 5 players holding xx% market share in 2024.
- Technological Innovation: Rapid advancements in liquid cooling and immersion cooling are key drivers.
- Regulatory Landscape: Emphasis on energy efficiency is influencing product selection and adoption.
- Competitive Substitutes: Air-based cooling remains prevalent, presenting competition for newer technologies.
- End-User Demographics: IT & Telecommunication sector dominates, followed by BFSI and Government sectors.
- M&A Trends: Limited M&A activity observed in the historical period (2019-2024), with xx deals recorded.
Thailand Data Center Cooling Market Growth Trends & Insights
The Thailand data center cooling market witnessed robust growth during the historical period (2019-2024), expanding at a CAGR of xx%. This growth is fueled by increasing data center construction, rising digitalization across various sectors, and the adoption of energy-efficient cooling solutions. The market is expected to continue this trajectory during the forecast period (2025-2033), driven by government investment in digital infrastructure, growing cloud computing adoption, and the demand for higher computing power. The market size is estimated at xx million units in 2025 and is projected to reach xx million units by 2033, exhibiting a CAGR of xx% during the forecast period. Market penetration of liquid-based cooling solutions is projected to increase from xx% in 2025 to xx% by 2033, driven by improvements in energy efficiency and thermal management capabilities.

Dominant Regions, Countries, or Segments in Thailand Data Center Cooling Market
Bangkok and other major metropolitan areas dominate the Thailand data center cooling market, due to the concentration of IT hubs and data centers. The IT & Telecommunication sector is the largest end-user segment, followed by the BFSI sector. Among cooling technologies, air-based cooling remains the most prevalent due to its established presence and cost-effectiveness. However, liquid-based cooling is gaining traction due to its higher efficiency in managing heat loads from modern high-density servers.
- Key Drivers: Government initiatives promoting digital infrastructure, rising data center deployments, increased cloud computing adoption.
- Dominant Segments: IT & Telecommunication (xx% market share in 2025), Air-based cooling (xx% market share in 2025).
- Growth Potential: Liquid-based and immersion cooling technologies are poised for significant growth, driven by their higher efficiency and sustainability benefits.
Thailand Data Center Cooling Market Product Landscape
The market offers a range of cooling solutions, including air-based, liquid-based, and evaporative cooling systems. Recent product innovations focus on improving energy efficiency, reducing water consumption, and enhancing thermal management capabilities. Advancements in liquid cooling technologies, such as immersion cooling, are gaining prominence, offering superior heat dissipation compared to traditional air cooling. Unique selling propositions include improved reliability, reduced operating costs, and environmentally friendly features.
Key Drivers, Barriers & Challenges in Thailand Data Center Cooling Market
Key Drivers: Increasing data center density, government investment in digital infrastructure, rising demand for energy-efficient solutions, growth of cloud computing.
Challenges: High initial investment costs for advanced cooling technologies, limited skilled workforce for installation and maintenance, potential supply chain disruptions, regulatory complexities concerning water usage and environmental compliance. These challenges could potentially impact market growth by xx% in the next five years if not adequately addressed.
Emerging Opportunities in Thailand Data Center Cooling Market
Emerging opportunities lie in the adoption of advanced cooling technologies like immersion cooling, especially within high-performance computing (HPC) and artificial intelligence (AI) applications. The growing demand for sustainable data centers presents opportunities for eco-friendly cooling solutions. Untapped markets in regional areas outside major cities also present growth potential.
Growth Accelerators in the Thailand Data Center Cooling Market Industry
Technological advancements, strategic partnerships between cooling technology providers and data center operators, and expansion into regional markets are key growth accelerators. Government incentives promoting energy efficiency and digital infrastructure development further stimulate market expansion.
Key Players Shaping the Thailand Data Center Cooling Market Market
- Mitsubishi Heavy Industries Limited
- Danfoss A/S
- Johnson Controls International PLC
- Hitachi Ltd
- Emerson Electric Co
- Schneider Electric SE
- Fujitsu General Limited
- Stulz GmbH
- Vertiv Group Corp
Notable Milestones in Thailand Data Center Cooling Market Sector
- May 2022: Intel invested USD 700 million in liquid and immersion cooling technology research, unveiling a new immersion-cooled reference design.
- March 2023: Interactive launched an immersion data center cooling solution using Vertiv's Green Revolution cooling tanks, offering 1200 times better heat transfer than air.
In-Depth Thailand Data Center Cooling Market Outlook
The Thailand data center cooling market is poised for sustained growth, driven by ongoing digital transformation, government support, and the increasing adoption of advanced cooling technologies. Strategic partnerships, technological innovations, and expansion into underserved regions will be key factors shaping the market’s future. The market presents attractive opportunities for both established players and new entrants focused on energy efficiency and sustainability.
Thailand Data Center Cooling Market Segmentation
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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
-
1.1. Air-based Cooling
-
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 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 |
|
Table of Contents
- 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
- 5.1.1. Air-based Cooling
- 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
- 5.1. Market Analysis, Insights and Forecast - by Cooling Technology
- 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)
- 6.2.1 Mitsubishi Heavy Industries Limited
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*)

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