Report : Europe Data Center Construction Market to 2027 - Regional Analysis and Forecasts by Type of Construction (General Construction, Mechanical Design, Electrical Design), Tier Standard (Tier 1 & Tier 2, Tier 3, and Tier 4), and Industry Vertical (BFSI, Government, Technology, Telecom, Media & Entertainment, Retail, Healthcare, and Others)
The availability of low temperature coupled with favorable government regulation to boost the growth of Europe data center construction market
Latest market study on “Data Center Construction Market to 2027 – Europe Analysis and Forecast by Type of Construction (General Construction, Mechanical Design, Electrical Design), Tier Standard (Tier 1 & Tier 2, Tier 3, and Tier 4), and Industry Vertical (BFSI, Government, Technology, Telecom, Media & Entertainment, Retail, Healthcare, and Others), and Country”, The Europe Data Center Construction Market revenue accounted for US$ 11.0 Bn in 2018 and is expected to grow at a CAGR of 7.6% during the forecast period 2019 – 2027, to account to US$ 20.1 Bn by 2027. The report includes a key understanding of the driving factors of this growth and also highlights the prominent players in the market and their developments.
Ireland is known as the data center capital of Europe. Some of the major factors attracting investment to Ireland are ideal climatic condition, uninterrupted power supply, excellent infrastructure network, low cost land area, and access to green/renewable energy power. All these factors contribute to Ireland’s success in attracting significant international investment. Also, Ireland target to produce 40% of its power requirement through renewable source of energy. Apart from this, other factors contributing in market growth to a large extend are its highly educated and skilled workforce and high speed low latency links to the US, UK, and EU. Ireland has attracted many major data center projects, most of them are located in Dublin. Some of the major cloud service providers have established data centers and operational bases in Ireland including Google, Amazon, Facebook and Apple. As a result, data center construction market is expected to witness a huge opportunity with its rise in the Ireland region.
Data center construction mainly comprises of three important aspects; electrical, mechanical, and general construction. Electrical construction among these holds largest market share in terms of revenue driven by concerns regarding the uninterrupted power supply with almost negligible chances of downtime. Large power consumption being prime targets for energy efficient design measures with money saving and less electricity use, therefore, high investment in made by companies in electrical designing. UPS, Generator, PDU, Transfer Switchgear are basic components required for electrical designing. In conjunction with the increasing amount of power requirement in data centers, it is also becoming more crucial to build a solid back-up to protect the equipment and the personnel. These critical requirements along with the various benefits that data center electrical design would serve as an opportunity for organizations to make huge investment in electrical equipment’s in data center construction and further strengthen its market.
Europe Data Canter Construction Market - Country Breakdown by Revenue, 2018
The report segments the Europe Data Center Construction Market as follows:
Europe Data Canter Construction Market – By Type of Construction
Europe Data Canter Construction Market – By Tier Standard
Europe Data Canter Construction Market – By Industry Vertical
Europe Data Canter Construction Market – By Geography
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