Data Center Construction Market Outlook to 2027 – AECOM, Holder Construction, Rittal GmbH, Tripp Lite, Turner, The Whiting-Turner Contracting, and Schneider Electric. SE

Global Data Center Construction market is expected to grow from US$ 45.1 Billion in 2018 to US$ 89.9 Billion by 2027 at a CAGR of 8.4% between 2019 and 2027. 

The data center construction market in Ireland is witnessing a very high growth, with several major companies targeting the country to build their data centers. The country is well located to fulfill the needs of IT as well as internet industry economically, geographically and culturally. One of the major reason driving the demand for data center construction in Ireland is the economic and political climate of the country, which offers cost savings to businesses.

The Irish government is highly focused on data center construction in the country and offers tax-incentives to the companies building their data centers in Ireland. Also, the corporate tax in Ireland is 12.5%, which is much lower than the other European countries. Furthermore, the country has an ideal climate for data center cooling, with the average temperature of 16 degrees Celsius during the hottest month. This offers energy savings to the data centers operating in the country. Moreover, Ireland is focusing to obtain 40% of its power generation through renewable sources of energy by 2020.

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The List of Companies

1. Dpr construction, Inc.
2. Fujitsu Limited
3. AECOM
4. Holder Construction Company
5. Rittal GmbH & Co. KG
6. Tripp Lite
7. Turner Construction
8. The Whiting-Turner Contracting Company
9. Schneider Electric SE
10. Hitachi Vantara Corporation

The rapidly increasing number of internet users has led to an increase in data traffic and also, the General Data Protection Regulation of the European Union has propelled the demand for data center construction in Europe. Amongst all major European countries, Ireland is anticipated to witness highest growth in the Europe’s Data Center Construction market attributed to the low corporate tax of the country as well as favorable climatic and political conditions.

The Europe Data Center Construction market has been segmented by Design Type into electrical design; mechanical design, and general construction. The electrical design market is further sub-segmented into UPS, Generators, PDU, Transfer Switchgears, and others. Furthermore, mechanical design market is sub-segmented into HVAC, and other cooling equipment. The electrical design under design type segment had accounted for the largest share of the Europe Data Center Construction market in 2016. However, it is expected to lose its dominance to general construction, which is growing at a CAGR of 10.7% between 2017 and 2025.

In the geography segment, UK had the largest share of the Europe Data Center Construction market in 2016 and Ireland is anticipated to grow at the highest CAGR between 2017 and 2025. The geographic segments included in this report are UK, Germany, the Netherlands, Ireland, Denmark, France, and Belgium.

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The Europe Data Center Construction market is constantly increasing with the increasing data traffic and the introduction of General Data Protection Regulation by the European Commission. The continuous growth of the market is attributed to the increasing investments by US based companies in the European market.

The report aims to provide an overview of the global data Center construction market with detailed market segmentation. Also, it analyzes the current market scenario of data centre construction market and forecasts the market till 2027. The report covers market dynamics affecting the data Center construction market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the data Center construction market with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the data Center construction market along with their market strategies. The report also provides value chain along with the SWOT analysis for all company profiled in the report.

North America is one of the dominant regions in data Center construction market which is contributing highest revenue globally due to the presence of a large number of players and industry verticals. The US and Canada are contributing towards a high share in the data Center construction market. Moreover, Mexico is projected to be the fastest growing region in the data Center construction market in the North American Region.

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Reason to Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Data Center Construction Market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in Data Center Construction Market, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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Posted by on Thursday July 11 2019, 1:36 PM EDT. All trademarks acknowledged. Filed under Business & Financial Services, Business Services, Featured Press Release, Manufacturing, Manufacturing & Construction, Software & Services, Technology Hardware & Equipment, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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