Market Share of Hong Kong Data Center Power Industry
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.
Hong Kong Data Center Power Market Leaders
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Cummins Inc.
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Eaton Corporation.
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Legrand Group
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Vertiv Group Corp.
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Schneider Electric SE
*Disclaimer: Major Players sorted in no particular order
