How big is the Hong Kong Data Center Power Market?

The Hong Kong Data Center Power Market size is expected to reach USD 311.70 million in 2024 and grow at a CAGR of 7.20% to reach USD 446.90 million by 2029. Read More

What is the current Hong Kong Data Center Power Market size?

In 2024, the Hong Kong Data Center Power Market size is expected to reach USD 311.70 million. Read More

Who are the key players in Hong Kong Data Center Power Market?

Cummins Inc., Eaton Corporation., Legrand Group, Vertiv Group Corp. and Schneider Electric SE are the major companies operating in the Hong Kong Data Center Power Market. Read More

What years does this Hong Kong Data Center Power Market cover, and what was the market size in 2023?

In 2023, the Hong Kong Data Center Power Market size was estimated at USD 289.26 million. The report covers the Hong Kong Data Center Power Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Hong Kong Data Center Power Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Hong Kong Data Center Power Market Size & Share Analysis - Industry Research Report

Hong Kong Data Center Power Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Hong Kong Data Center Power Market Report is Segmented by Power Infrastructure (Electrical Solutions (UPS Systems, Generators, Power Distribution Solutions [PDU, Switchgear, Critical Power Distribution, Transfer Switches, Remote Power Panels, and Others], and Service) and End User (IT & Telecommunication, BFSI, Government, Media & Entertainment, and Other End-Users). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Hong Kong Data Center Power Industry Overview

The upcoming DC construction projects in Hong Kong are anticipated to increase the demand for the data center power market in the coming years. The data center power market in the country is moderately consolidated with some players in the market, including Cummins Inc., Eaton Corporation, Legrand Group, Vertiv Group Corp., and Schneider Electric SE. These major players, with a prominent market share, focus on expanding their regional customer base.

January 2024: Vertiv announced plans to double its manufacturing capacity for busway, switchgear, and integrated modular solutions (IMS) by 2025. The expansion plans include increasing utilization and footprint in the United Arab Emirates, Ireland, South Carolina (United States), Mexico, Slovakia, and Northern Ireland.
December 2023: Eaton announced the launch of its new Rack PDU G4 (4th generation) that provides high security and business continuity data center. It also combines with C39 outlets that securely connect both C14 and C20 power cords, backed by a locking mechanism and a built-in high retention system that secures the power cord.