Mitsubishi Electric has renamed its Thai subsidiary, Siam Compressor Industry Co., Ltd., to Mitsubishi Electric Siam Compressor Industry Co., Ltd. effective April 1.
The subsidiary develops, manufactures and sells compressors for air conditioning and refrigeration equipment.
In addition to supplying Mitsubishi Electric group companies, Siam Compressor Industry provides a wide range of compressors to other air conditioning equipment manufacturers in Thailand and other countries.
In line with the name change, products manufactured and sold by Siam Compressor Industry will adopt the Mitsubishi Electric brand.
Through this initiative, the company expects to enhance its global recognition and strengthen its ability to attract talented personnel.
Mitsubishi Electric Siam Compressor Industry will target the growing demand for compressors used in air conditioning and refrigeration equipment in diverse applications, including data centres, a market forecasted to experience significant growth.
Nearly 100 GW of new data centres will be added between 2026 and 2030, doubling global capacity, according to JLL research.
By 2030, AI could represent half of all workloads with inference becoming the primary driver. The sector is also experiencing an infrastructure investment supercycle requiring up to $3 trillion by 2030.
“Roughly 100 GW of new capacity is anticipated to come online between 2026 and 2030, equating to $1.2 trillion in real estate asset value creation,” JLL said.
By expanding its subsidiary’s global business, Mitsubishi Electric expects to accelerate its overall growth in the air conditioning and refrigeration systems business.