Australia Data Center Cooling Market Size (2024 - 2029)

Australia Data Center Cooling Market Analysis

The Australia Data Center Cooling Market size is estimated at USD 288.18 million in 2024, and is expected to reach USD 620.73 million by 2030, growing at a CAGR of 13.64% during the forecast period (2024-2030).

• The increasing demand for cloud computing among SMEs, government regulations for local data security, and growing investment by domestic players are some of the major factors driving the demand for data centers in the country.
• The upcoming IT load capacity of the Australian data center cooling market is expected to reach more than 2,000 MW by the end of this year. The country's construction of raised floor area is expected to increase above 10 million sq. ft by 2030.
• The country's total number of racks to be installed is expected to reach above 5,70,000 units by 2030. Melbourne, Perth, and Sydney are expected to house the maximum number of racks by 2030. The average annual temperature observed in Australia was between 20 °C to 24 °C. DC cooling is processed in the DC facilities depending on climatic conditions.
• There are close to 23 submarine cable systems connecting Australia, and many are under construction. In May 2024, SubCo enhanced the planned capacity of its upcoming SMAP subsea cable system in Australia. Initially unveiled in 2023, the cable is on track to go live in Q1 2026, linking major Australian cities such as Sydney, Melbourne, Adelaide, and Perth. Additionally, SubCo revealed a boost in the fiber capacity of the 5,000 km cable. Initially conceived as a 12-fiber pair system, SMAP is revamped to a 16-fiber pair configuration, marking a 33% surge in its overall capacity.

Australia Data Center Cooling Industry Segmentation

Data center cooling is a system that helps maintain optimal operating temperatures in data center environments. It is critical, as data center facilities house many computer servers and network equipment that generate heat during operation. Efficient cooling systems are used to dissipate this heat and prevent equipment from overheating, ensuring continued reliable operation of the data center. Methods such as air conditioning, liquid cooling, and hot/cold aisle containment are commonly used to control temperature and humidity in data centers.

The Australian data center cooling market is segmented by technology (air-based cooling [chiller and economizer, CRAH, cooling towers, and other air-based cooling technologies] and liquid-based cooling [immersion cooling, direct-to-chip cooling, and rear-door heat exchanger]), type of data center (hyperscale, enterprise, and colocation), and end-user industry (it and telecom, retail and consumer goods, healthcare, media and entertainment, federal and institutional agencies, and other end-user industries). The report offers market sizes and forecasts in terms of value (USD) for the above segments.