Controlling the temperature and humidity levels in buildings that hold computer servers and networking equipment requires effective data center cooling. Since these systems produce a lot of heat when operating, efficient cooling solutions are required to avoid overheating, which can result in hardware malfunctions and decreased performance. Liquid cooling, evaporative cooling, and air conditioning are common cooling techniques. Water or coolant is used in liquid cooling systems to absorb heat directly from components, whereas air cooling circulates cold air through raised floors or overhead ducts.
Vietnam Data Centre Cooling Market Driving Factors and Challenges
Drivers: The cooling market is driven by the expansion of data centers and a strong desire to construct more energy-efficient ones. The growing global adoption of cloud computing, artificial intelligence, and the Internet of Things is increasing demand for data centers worldwide and contributing to the need for cutting-edge cooling solutions. Cooling technologies, such as liquid cooling systems and AI-powered optimization tools, eventually contribute to data centers' environmental sustainability by lowering overall CAPEX or energy usage. Demand for effective cooling solutions in data centers has increased due to growing data generation and storage, propelling market share during the projection period.
Furthermore, Data center cooling is booming in Vietnam, and as the need for data storage keeps increasing, both domestic and international businesses are seeking to build more DCs in Southeast Asian nations. One important factor is the 2022 introduction of a new data localization regulation in Vietnam, which boosted DC investment activity. Effective control of thermal loads in electronic enclosures and telecom facilities is crucial, and this could raise the need for significant cooling solutions.
Challenges: There are various challenges that the Vietnam data center cooling market must overcome in order to expand and operate effectively. Data centers' quick growth, which frequently surpasses the construction of supporting infrastructure, is a significant problem since it results in insufficient cooling options for newly constructed facilities. Furthermore, Vietnam's increasing humidity and heat make operations challenging and call for sophisticated, very expensive cooling systems to keep things running at their best. Effective cooling system implementation and maintenance may be hampered by a shortage of skilled workers who are educated in contemporary cooling methods and technologies.
Impact of COVID-19 on Vietnam Data Centre Cooling Market
Vietnam's data center cooling industry was greatly impacted by the COVID-19 pandemic, which presented both new opportunities and difficulties. First, the infection slowed down construction and installation projects, disrupted supply networks, and delayed data center advancements. As a result of many ongoing projects encountering significant challenges because of staffing and transportation constraints, the market for cooling solutions temporarily shrank.
However, the increase in remote work and digital services during the pandemic increased demand for data processing and storage capacity.
Vietnam Data Centre Cooling Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players are; Alfa Laval AB, Emerson Electric Co., Fujitsu General Limited, GIGA-BYTE Technology Co. Ltd, Johnson Controls Inc., Legrand SA, Schneider Electric SE, Vertiv Group Corp., Others.
Vietnam Data Centre Cooling Market Segmentation:
By Cooling Technology: Based on the Cooling Technology, Vietnam Data Centre Cooling Market is segmented as; Air-based Cooling, Liquid -based Cooling.
By Type of Data Centre: Based on the Type of Data Centre, Vietnam Data Centre Cooling Market is segmented as; Hyperscale, Enterprise, Colocation.
By End User: Based on the End User, Vietnam Data Centre Cooling Market is segmented as; IT and Telecom, Retail and Consumer Goods, Healthcare, Media and Entertainment, Federal and Institutional Agencies, Other.
By Region: This research also includes data for Eastern region, Western region, Southern region, Northern region.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.