Hong Kong Data Center Cooling Market Size (2024 - 2029)

Hong Kong Data Center Cooling Market Analysis

The Hong Kong Data Center Cooling Market size is estimated at USD 129 million in 2024, and is expected to reach USD 349.10 million by 2030, growing at a CAGR of 18.05% during the forecast period (2024-2030).

• Summers in Hong Kong are hot, humid, and prone to occasional thunderstorms. Average temperatures range from 28 to 33 °C, with high humidity. For a city like Hong Kong, liquid cooling is an inevitable option that should be accepted as an industry standard.
• The upcoming IT load capacity of the Hong Kong data center cooling market is expected to reach around 1.8 thousand MW by 2030. The country's construction of raised floor area is expected to increase by more than 6.4 million sq. ft by 2030.
• The country's total number of racks to be installed is expected to reach above 315 thousand units by 2030. Tseung Kwan O is expected to house the maximum number of racks by 2030.
• There are close to 2 submarine cable systems connecting Hong Kong, and many are under construction. One such submarine cable that is estimated to start service in 2025 is Asia Cable Link ALC, which stretches over 6,000 kilometers with landing points from Hong Kong.

Hong Kong 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 Hong Kong 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.