Vietnam Data Centre Cooling Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)

Vietnam Data Centre Cooling Market Growth

The data centre market in Vietnam is anticipated to reach USD 1.26 billion by 2030, with a compound annual growth rate of 10.8%. Meanwhile, the global data centre market is projected to reach nearly USD 321 billion by 2024, growing at an average annual rate of approximately 7.3%. Furthermore, the Asia-Pacific region is fuelling 19% of data centre growth, with significant expansion in both primary and secondary markets. This growth leads to high heat generated by electronic components within a data centre, necessitating the need for data centre cooling.

As per the Vietnam data centre cooling market analysis, the rapid increase in data volume, fuelled by the rising popularity of digital services, social media, and video streaming, is causing data centre capacities to grow. To address this surge in data traffic, effective cooling systems are needed to handle the heat produced by densely packed computing hardware.

The importance of data centres and data centre cooling in Vietnam is increasing due to the rapid growth in data production and the implementation of data localisation laws. The demand for data centres has exceeded supply, with estimates suggesting that Vietnam needs at least five new 2,000-rack data centres annually. The previously approved National Data Centre Project aims to address this need by developing a national data centre to store government data., leading to the expansion of Vietnam data centre cooling market size. As Vietnam progresses towards digitalising its public sector, the volume of data to be stored securely will increase significantly. Therefore, the data centre must meet the highest technology and security standards. The government anticipates completing the entire project construction by 2025, followed by the deployment of in-depth data analysis from 2026 to support the development of policy mechanisms and national development strategy.

Key Trends and Developments

Vietnam Data Centre Cooling Market Trends

The market is witnessing substantial growth, driven by several pivotal trends. A major factor contributing to this expansion is the rise of cloud computing and digital services across various sectors, which has resulted in the establishment of additional data centers. This surge in data center infrastructure creates a demand for effective and scalable cooling solutions to ensure optimal performance and mitigate the risk of overheating, leading to the expansion of Vietnam data centre cooling market size.

Additionally, there is an increasing emphasis on energy efficiency and sustainability, influencing the market dynamics. Many data centers are now implementing eco-friendly cooling technologies aimed at minimising energy consumption and reducing operational expenses. Innovations in liquid cooling systems and airflow management are becoming increasingly favored for their capacity to improve cooling efficiency while decreasing power consumption.

Vietnam Data Centre Cooling Industry Segmentation

Vietnam Data Centre Cooling Market Share

Based on the data centre size, the market is segmented into large data centre, medium data centre, and small data centre. Medium data centres are projected to dominate the market, representing 15.1% of the CAGR in the market, leading to the Vietnam data centre cooling market development. Medium data centers generally accommodate between 500 and 1,000 servers, delivering both storage and computational capabilities for small to mid-sized enterprises. They ensure a dependable infrastructure for data storage, cloud services, and IT operations, effectively balancing cost, efficiency, and scalability to support the growth of businesses.

Leading Companies in the Vietnam Data Centre Cooling Market

The market players are focusing on the adoption of sustainable and green cooling solutions to improve Vietnam data centre cooling market outlook.

Schneider Electric SE

Schneider Electric SE, established in 1836 and based in Rueil-Malmaison, France, is a leader in energy management and automation solutions. The company provides a diverse array of products related to industrial automation, electrical distribution, and infrastructure for data centres.

Vertiv Group Corp.

Vertiv Group Corp., founded in 2016 and located in Columbus, Ohio, specialises in essential digital ...

STULZ GMBH

STULZ GMBH, founded in 1947 and headquartered in Hamburg, Germany, focuses on air conditioning and c...

Daikin Industries, Ltd.

Daikin Industries, Ltd., established in 1924 and headquartered in Osaka, Japan, is a prominent globa...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Another major player in the market is AERMEC S.P.A. among others.