Executive summary

The Vietnam Data Center Cooling Market size was valued at USD 57.58 million in 2020 to USD 119.88 million in 2025 and is anticipated to reach USD 556.67 million by 2035, at a CAGR of 16.52% during the forecast period.

Strong market growth is driven by rising deployment of high-density workloads, advanced cooling adoption, and rapid expansion of hyperscale and colocation facilities. Operators shift to liquid cooling, precision systems, and AI-driven thermal control to manage heavier heat loads. Innovation in energy-efficient systems strengthens long-term value for investors. Businesses prioritize cooling upgrades to secure performance stability and support complex digital applications across sectors.

Northern Vietnam leads due to major hyperscale clusters and strong connectivity infrastructure. Southern provinces expand quickly as enterprise and retail sectors scale digital footprints. Central Vietnam emerges as a developing zone due to increasing land availability and supportive local policies. Each region diversifies growth by attracting new cooling investments aligned with rising cloud, telecom, and data-driven demands.

Market Drivers

Rising Demand for High-Density Workloads and Efficient Cooling Technologies

The Vietnam Data Center Cooling Market gains momentum from stronger AI and cloud needs. High-density racks push operators to adopt liquid and precision cooling. Many facilities replace legacy systems to reduce heat stress in new workloads. Investors treat Vietnam as a strategic point for regional computing growth. Businesses expand capacity to support fast digital adoption in major cities. It strengthens the role of efficient cooling across new builds. Operators deploy advanced systems to maintain stable rack performance. The trend shapes long-term infrastructure spending across the country. Cooling vendors target Vietnam due to predictable demand growth.

• For example, Viettel’s Hoa Lac Data Center in Hanoi operates with a reported PUE of 1.4–1.45 and uses renewable energy for 30% of its power supply. The facility is Vietnam’s largest, supporting over 2,400 racks with a total capacity of 30 MW. HSBC confirmed the site’s eligibility for sustainable financing based on its green infrastructure commitments.

Growing Focus on Energy Efficiency and Green Cooling Innovation

Energy rules push data centers to adopt efficient cooling designs. Operators shift toward modular chillers and low-power cooling lines. Many projects now test AI-driven controls to cut energy use. Green goals increase interest in systems with strong power savings. The market supports new eco-friendly cooling models in hyperscale sites. It opens space for advanced innovation across the supply chain. Businesses view efficient cooling as a direct cost advantage. Investors show confidence in Vietnam due to stable energy planning. Operators treat green cooling as a core design requirement.

• For example, FPT Telecom operates the Fornix HCM01 data center in Ho Chi Minh City, which is built to meet Tier III standards and serves large enterprise and cloud clients. The facility has been featured in national tech events such as FPT Techday, where the company highlighted its data-center expansion and digital infrastructure capabilities. These updates reflect ongoing improvements in reliability and operational performance.

Shift Toward Large-Scale Hyperscale and Colocation Expansion Across Key Cities

Hyperscale demand grows in Hanoi and Ho Chi Minh City. Colocation firms upgrade cooling to support dense compute zones. It strengthens the Vietnam Data Center Cooling Market as new builds scale. Many sites deploy liquid cooling lines for AI and GPU workloads. Enterprises trust facilities that manage heat with stable redundancy. Investors back large projects due to strong long-term returns. New digital rules encourage higher cooling standards. Vietnam attracts global players seeking safe expansion zones. Cooling adoption rises as more workloads shift to cloud.

Rapid Digitalization Across Telecom, BFSI, and Retail Sectors

Telecom networks expand edge locations that need stable cooling. BFSI sites deploy precision cooling to secure sensitive platforms. Retail platforms depend on reliable cooling to support online operations. Many firms upgrade IT rooms to avoid heat-related failures. It drives steady use of advanced cooling systems. Businesses view cooling as a core part of their digital plans. Investors monitor thermal stability as a sign of site quality. Sector growth supports new projects across major provinces. Cooling adoption stays strong across regulated industries.

Market Trends

Growing Deployment of Liquid and Immersion Cooling for AI Workloads

AI demand pushes facilities to adopt liquid and immersion cooling. Operators redesign racks to support higher heat outputs. Many sites test immersion tanks for dense GPU clusters. The trend builds new interest in coolant-based designs. It supports stable load cycles in advanced compute zones. Businesses rely on these systems to avoid heat spikes. The Vietnam Data Center Cooling Market shifts toward high-density cooling lines. Investors track immersion trials as firms scale AI workloads. Adoption grows fastest in hyperscale environments.

Rising Use of Modular Cooling Units in New Data Center Builds

Developers adopt modular units to cut build time. Many sites install prefabricated cooling blocks for faster setup. Operators trust modular units for predictable performance control. The trend supports flexible expansion in crowded cities. It reduces energy waste with targeted airflow direction. Businesses prefer compact units in dense zones. Investors back modular growth due to low deployment risk. Modular cooling gains traction across mid-sized projects. It supports scalable growth models.

Integration of Smart Monitoring and AI-Based Cooling Control

Facilities deploy sensors to track airflow and heat trends. AI tools adjust cooling output to avoid energy waste. Operators use dashboards to monitor real-time thermal conditions. Many sites improve uptime through automated cooling cycles. The trend supports stronger reliability in digital services. Businesses treat smart cooling as a growth enabler. Investors view data-driven cooling as a safe choice. Smart upgrades reshape operational planning across sites. It aligns cooling with dynamic workloads.

Shift Toward Low-Water and Sustainable Cooling Systems

Facilities prioritize low-water systems to manage climate concerns. Many projects integrate air-cooled chillers to reduce water use. Operators favor sustainable units with stronger energy control. The trend supports new green certifications across sites. Businesses link cooling decisions to long-term climate plans. Investors monitor sustainable cooling lines for portfolio gains. Green models improve brand trust in key industries. It strengthens the push toward eco-friendly data center growth. Adoption accelerates in new urban projects.

Market Challenges

High Infrastructure Costs and Limited Availability of Skilled Technical Talent

High capital needs limit adoption of advanced cooling lines. Many firms delay upgrades due to cost pressure. Operators struggle to hire skilled thermal engineers. The Vietnam Data Center Cooling Market needs more trained specialists. Frequent skill gaps slow complex cooling deployments. Businesses depend on foreign partners for advanced setup. Investors track these limits before funding large builds. It raises challenges for sites managing dense workloads. Growth needs stronger training efforts.

Power Supply Constraints and Regulatory Complexity Across Key Provinces

Power rules vary across major regions. Many sites face delays due to approval cycles. Operators manage heat stress during power constraints. The market faces hurdles due to grid reliability issues. Complex rules slow cooling expansion in crowded zones. Investors monitor policy changes to plan spending. High heat loads create further planning pain points. It limits the pace of cooling modernization. Many firms request simpler approval processes.

Market Opportunities

Expansion of Hyperscale and Edge Data Centers Across Vietnam
Hyperscale demand brings new cooling opportunities across major cities. Edge builds push need for compact cooling units. Many sites adopt liquid cooling to manage high heat loads. Operators invest in scalable cooling designs for long-term use. The Vietnam Data Center Cooling Market benefits from this shift. Businesses value reliable thermal control for digital platforms. Investors gain new entry points across provinces. It builds stronger interest in advanced cooling innovation. Growth expands with every new compute zone.

Rising Demand for Green Cooling and Low-Energy Designs

Green rules create demand for efficient systems. Many sites adopt eco-friendly cooling units to save energy. Operators use AI to control airflow with low power use. Businesses prefer green-certified facilities for corporate goals. The market supports new sustainable cooling solutions. Investors prioritize low-energy lines for stable returns. It strengthens focus on innovation in cooling methods. Demand rises fastest in new urban hubs. Growth aligns with national sustainability goals.

Market Segmentation

By Component

The Vietnam Data Center Cooling Market shows strong dominance of solution-based deployments. Cooling solutions hold the highest share due to wide use in hyperscale, edge, and enterprise sites. Services expand steadily as operators need support for integration and maintenance. Many firms rely on deployment services during capacity upgrades. Consulting grows due to rising demand for cooling optimization. Investors treat solution segments as safe assets due to steady growth. Adoption stays strong across regulated industries. Cooling services create value through long-term contracts. Demand rises as systems scale nationwide.

By Data Center Cooling Solution

Precision air conditioners lead due to strong use in controlled environments. Many hyperscale and enterprise sites depend on precise temperature control. Chillers maintain a solid share due to stable thermal output. Liquid cooling grows fastest in AI-heavy projects. Air handling units support large layouts across major cities. The Vietnam Data Center Cooling Market gains traction as systems modernize. Operators favor solutions that support dense workloads. Growth remains strong in multi-tenant facilities. Demand rises as complexity increases across builds.

By Service

Installation and deployment services lead due to high project activity. Many new builds require full integration support. Maintenance holds strong share due to heavy use of chilled systems. Support and consulting grow as operators improve reliability. The Vietnam Data Center Cooling Market benefits from these service layers. Businesses rely on service partners for uptime. Investors trust service-led models for stable revenue. Many firms seek tailored service bundles. Growth expands in new hyperscale clusters.

By Enterprise Size

Large enterprises dominate due to major digital transformation efforts. Many prefer advanced cooling to manage dense workloads. SMEs increase adoption as cloud use grows. It supports stable growth across smaller server rooms. The Vietnam Data Center Cooling Market expands with both groups. Large firms deploy high-power units across multiple racks. SMEs choose modular cooling for cost control. Many projects scale with rising regional demand. Growth remains strong in digital-first sectors.

By Floor Type

Raised floors hold strong share due to structured cooling layouts. Many sites rely on raised floors to optimize airflow. Non-raised floors grow in modern builds with newer layouts. The Vietnam Data Center Cooling Market supports both formats. Operators choose raised floors in legacy and enterprise sites. Edge sites adopt non-raised floors for compact designs. Many developers blend both for flexible builds. Growth aligns with new project designs. Cooling integration depends on site structure.

By Containment

Hot aisle containment leads in advanced facilities due to strong efficiency. Cold aisle containment holds steady share across older builds. Raised floors without containment remain common in small setups. The Vietnam Data Center Cooling Market shifts toward strong containment planning. Many hyperscale sites deploy HAC to control heat leakage. CAC stays relevant across mid-sized rooms. Operators upgrade containment for better airflow. Many firms add containment during expansion cycles. Efficiency goals shape new deployments.

By Structure

Room-based cooling dominates due to wide adoption in older sites. Row-based cooling grows due to strong efficiency control. Rack-based cooling expands fastest in AI and GPU-heavy workloads. The Vietnam Data Center Cooling Market adapts to dense compute zones. Many developers test rack-based systems for heavy heat loads. Row-based units provide structured temperature control. Room cooling remains cost-effective for large halls. Growth spreads across all formats. Adoption aligns with project scale.

By Application

Hyperscale data centers lead due to massive compute demand. Colocation sites maintain strong share across major cities. Enterprise data centers adopt precision cooling for stable loads. Edge sites grow due to telecom expansion. The Vietnam Data Center Cooling Market supports all applications. Many firms upgrade cooling for long-term reliability. Hyperscale growth drives new liquid cooling lines. Enterprise upgrades remain steady across sectors. Edge builds attract new investment.

By End-user

Telecom leads due to strong 5G and edge growth. IT firms follow with heavy digital workloads. Retail and BFSI adopt stable cooling for critical platforms. Healthcare grows due to sensitive data needs. Energy sites depend on cooling for industrial systems. The Vietnam Data Center Cooling Market supports diverse industries. Many firms upgrade to meet heat demands. Growth spreads across all major verticals. Cooling remains core to digital continuity.

Regional Insights

Northern Vietnam – 55% Share

Northern Vietnam holds the largest share at 55%. Strong hyperscale and colocation growth drives cooling demand. The region hosts major cloud clusters and enterprise hubs. Many developers choose Hanoi due to stable connectivity. The Vietnam Data Center Cooling Market gains strength in this zone. It benefits from better power access and skilled labor. Many investors treat the region as a primary hub. Growth stays stable across large facilities.

• For instance, Boyd Corporation announced in September 2025 the expansion of its Bac Ninh manufacturing facility in Northern Vietnam, doubling its capacity to 800,000 square feet for liquid cooling solutions tailored for AI data centers. This upgrade supports advanced direct-to-chip cooling, allowing hyperscale facilities in the region to handle increased power and thermal density for demanding cloud workloads.

Southern Vietnam – 35% Share

Southern Vietnam maintains a 35% share backed by strong enterprise activity. Ho Chi Minh City hosts many private data centers. Retail and BFSI clusters drive cooling needs. The zone attracts investors due to strong economic growth. The Vietnam Data Center Cooling Market expands with business demand. Many sites adopt modular cooling for dense layouts. Growth rises with digital service expansion. Cooling upgrades increase across mid-sized facilities.

• For example, in July 2024, CMC Corporation invested USD 12.5 million to establish CMC AI Digital Infrastructure (CMC ADI) in the Tan Thuan Export Processing Zone. The new subsidiary focuses on developing and operating hyperscale data centers to support Vietnam’s growing digital economy. Public announcements highlight CMC’s plan to accelerate large-scale infrastructure growth through this dedicated data-center platform.

Central Vietnam – 10% Share

Central Vietnam holds a 10% share due to emerging activity. Da Nang hosts new edge and enterprise sites. Many operators select the zone for land availability. The Vietnam Data Center Cooling Market grows with government support. It gains attention from firms seeking low-cost expansion. Digital adoption rises across industries in the region. Growth remains steady in upcoming projects. Cooling adoption increases across new builds.

Competitive Insights

• Daikin Industries Ltd.
• Mitsubishi Electric Corporation
• Carrier
• Johnson Controls International plc
• Danfoss
• Vertiv Group Corp.
• Schneider Electric
• STULZ GmbH
• Rittal GmbH & Co. KG
• CoolIT Systems

The Vietnam Data Center Cooling Market features strong competition among global HVAC leaders and advanced cooling specialists. Vertiv and Schneider Electric hold solid positions due to integrated cooling portfolios tailored for hyperscale and colocation needs. Daikin, Mitsubishi Electric, and Carrier strengthen their presence through energy-efficient chillers and high-performance CRAC systems. Danfoss expands influence through component innovation that supports liquid and hybrid cooling. STULZ and Rittal provide precision cooling systems that appeal to enterprise and telecom operators. CoolIT Systems gains traction with liquid cooling solutions for AI and GPU-dense racks. The market rewards firms that deliver low-energy performance, quick deployment, and stable thermal control. It encourages ongoing innovation as operators scale capacity and handle higher rack densities across major regions.

Recent Developments

• In November 2025, Daikin Applied announced the acquisition of Chilldyne, a leader in negative pressure liquid cooling for data centers, solidifying Daikin’s commitment to advanced cooling technologies for hyperscale and AI data centers.
• In November 2025, Mitsubishi Electric Corporation entered into a memorandum of understanding with Hon Hai Precision Industry Co., Ltd. (Foxconn) to establish a global alliance for AI data center solutions, aiming to supply advanced cooling systems and intelligent infrastructure for hyperscale environments.
• In September 2025, Boyd announced the expansion of its manufacturing facility in Bac Ninh, Vietnam, doubling its space to 800,000 square feet to boost production of liquid cooling solutions for data centers, especially those leveraging artificial intelligence. This development is aimed at addressing the growing demand for advanced cooling systems capable of handling high thermal density and compute loads.
• In February 2025, Carrier Global Corporation formed an investment and technology partnership with ZutaCore, an innovator in two-phase direct-to-chip liquid cooling. The collaboration focuses on developing high-performance cooling solutions targeted at AI and high-density computing workloads, establishing a foundation for sustainable, waterless cooling in new-generation data centers.