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U.S. Data Center Construction Market to Witness 4% CAGR From 2016-2020

U.S. Data Center Construction Market to Witness 4% CAGR From 2016-2020

The U.S. market for data center construction has been examined in a thorough market research report added recently to the rapidly expanding research report collection of MarketResearchReports.biz. The report, titled “Data Center Construction Market in US 2016,” gives a comprehensive overview of the present state of the market and forecasts the future status of the crucial segments of the market over the period 2016-2020.

The report states that the market will expand at a steady 4% over the report’s forecast period. The rising business demands for data storage facilities and cloud-based services is a major driver for the U.S. data center construction market. The global data center construction market earns a dominant share in revenues from the U.S. market as the country has a large number of data centers, including colocation services. Moreover, many global organizations have their bases in the U.S. and are constructing data centers to meet the expanding needs of enterprises to store and manage crucial central data.

Owing to the considerable amount of power used in data centers, the demand for data centers that consume less power has been on the rise in the past few years in the U.S. This heightened demand for ‘green’ data centers has been a significant driver for the U.S. data center construction market in the past few years. Green data centers emphasize on utilizing concepts such as use of low-emissions materials for construction purposes, evaporative cooling, and recycling of waste materials.

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On the basis of electrical construction, the market for U.S. data center construction has been segmented into UPS, generators, energy storage equipment, and transfer switches and switchgear. Of these, the segment of UPS accounted for a dominant share in the market in 2015 and is expected to rise to US$1,690 mn by 2020. As power disruptions may harm data center equipment such as storage and servers, the demand for UPS, as a way to enable power backup, has significantly increased across the data center market in the U.S. The high demand will aid the growth of this segment over the report’s forecast period.

The market for data center construction in the U.S. has been segmented according to mechanical construction into racks and cooling solutions. Of these, the segment of construction for data center cooling solutions is projected to reach a valuation of US$990 mn by 2020.

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The report states that the data center construction market in the U.S. is highly competitive and features over 4,000 operational data centers across the country. Most companies have established long-term coalitions with enterprises for the construction, maintenance, and renovation of their data centers.

Some of the key vendors in the market are DPR Construction, Corgan Associates, Gensler, Fluor, Holder Construction Group, Jacobs Engineering Group, Syska Hennessy Group, HDR Architecture, and Turner Construction. Other prominent vendors in the U.S. data center construction market include Carlson Design Construct, Clune Construction, Structure Tone, AECOM, Fortis Construction, Pepper Construction, McGough, HITT Contracting, Hensel Phelps, and JE Dunn Construction.

 

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