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Data Center Mechanical Construction Market Trends

  • Report ID: GMI11846
  • Published Date: Oct 2024
  • Report Format: PDF

Data Center Mechanical Construction Market Trends

The demand for precision air conditioning units is rising with the growth of high-density data centers. These units are critical for maintaining stable environmental conditions, driving market growth through innovations in temperature and humidity control. Moreover, the shift towards energy-efficient cooling solutions is boosting the adoption of face mounted plenum fans with EC motors. These fans are increasingly used for their ability to reduce energy consumption and operational costs, supporting market growth. In addition, the need for precise temperature and humidity control in data centers is elevating the demand for CRAC units. The market is growing as innovations in fan arrays and airflow management enhance the performance and efficiency of these systems.
 

Building and running a data center requires a large financial investment. This includes costs for land, construction, equipment, cooling systems, power infrastructure, and security. The high upfront capital needed can be a barrier for investors and operators. This expense includes purchasing and installing servers, storage systems, cooling units, and power backup systems. Data centers also have long payback periods, taking time to recover the initial investments through revenue. This financial burden can deter new entrants and affect the viability of data center projects. Beyond initial costs, data centers face ongoing expenses for power, maintenance, staffing, and upgrades. High operational costs can impact profitability and make budget management challenging.
 

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The global market size for data center mechanical construction was valued at USD 77.3 billion in 2023 and is projected to reach USD 147.8 billion by 2032, driven by a CAGR of 7.5% from 2024 to 2032.

The data center mechanical construction industry from large-scale data center segment accounted for over 45% of the market share in 2023 and is expected to grow significantly, driven by the expansion of hyperscale data centers by major IT and telecom companies.

The U.S. accounted for over 65% of the market share in North America in 2023, driven by strong demand for cloud services and digital transformation initiatives.

Major players in the industry include AECOM, NTT Facilities, Turner & Townsend, DPR Construction, Obayashi Corporation, DSCO Group, Jacobs Engineering, Mace Group, Kajima Corporation, and Skanska.

Data Center Mechanical Construction Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 200
  • Countries covered: 22
  • Pages: 180
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