North America Data Center Construction Market Forecast to 2030 - Regional Analysis - by Types of Construction, Tier Standards, and Industry Verticals

Description

List of Tables

The North America data center construction market was valued at US$ 89,006.54 million in 2022 and is expected to reach US$ 1,65,421.01 million by 2030; it is estimated to register at a CAGR of 8.1% from 2022 to 2030.

Increasing Adoption of Green Data Centers Fuels North America Data Center Construction Market

A green data center is designed to achieve maximum energy efficiency and decrease the environmental impact. As a result, strategies to reduce carbon footprint are used within the data centers, including the use of low-emission building materials, minimizing carbon footprints, water and waste recycling, and making use of alternative energy technologies. These alternative technologies include heat pumps, photovoltaic, and evaporative cooling. To achieve energy efficiency and control operations costs, several companies, such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud are already implementing measures to reduce electricity and water usage in the data centers. Microsoft has made significant investments in renewable energy to power its data centers. The company has also implemented innovative cooling technologies, such as underwater data centers and modular data center designs, to improve energy efficiency and reduce water usage. Furthermore, these companies are installing water-saving cooling devices and energy-efficient equipment in addition to making essential changes in the data center's design. Although the construction of a green data center is initially expensive, it offers savings on operations, power, and maintenance in the long run. Also, green data centers offer a healthy work environment for the employees. Various companies are launching new green data centers. The increasing adoption of green data centers is anticipated to fuel the North America data center construction market in the coming years.

North America Data Center Construction Market Overview

The data center construction market in North America witnessed continued growth in 2023 which was majorly attributed to the substantial rise in demand and blockchain from cloud providers. In the US, Texas, Austin, North California, and certain areas of San Antonio registered relatively higher cloud activity. However, the overall absorption and demand for data centers in the US and other prominent countries have been derived from the trends of the previous year.

The data center construction market in North America is increasing significantly. For instance, in October 2023, JE Dunn resumed construction on a US$ 800 million Meta data center project in Temple, Texas. Similarly, in April 2023, Equinix announced plans for the construction of a new data center in Montreal, Canada. Also, in November 2023, Vertiv introduced Vertiv SmartMod Max CW, a prefabricated modular data center designed to address the growing demand for rapid deployment of computing across North America. Thus, the data center construction market in North America is growing with the increasing number of data center launches.

North America Data Center Construction Market Revenue and Forecast to 2030 (US$ Million)

North America Data Center Construction Market Segmentation

The North America data center construction market is segmented based on types of construction , tier standards , industry verticals , and country.

Based on types of construction, the North America data center construction market is segmented into general construction, electrical design, and mechanical design. The electrical design segment held the largest share in 2022.

In terms of tier standards, the North America data center construction market is segmented into tier 1 & tier 2, tier 3, and tier 4. The tier 3 segment held the largest share in 2022.

By industry verticals, the North America data center construction market is segmented into IT & telecommunication, BFSI, government, education, manufacturing, retail, transportation, media & entertainment, and others. The IT & telecommunication segment held the largest share in 2022.

Based on country, the North America data center construction market is categorized into the US, Canada, and Mexico. The US dominated the North America data center construction market in 2022.

Rittal GmbH & Co KG, Schneider Electric SE, DPR Construction Inc, STO Building Group Inc, AECOM, HOLDER CONSTRUCTION COMPANY, Turner Construction Co, and Eaton Corp Plc are some of the leading companies operating in the North America data center construction market.

Product Code: TIPRE00005735

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. North America Data Center Construction Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain

5. North America Data Center Construction Market - Key Market Dynamics

5.1 North America Data Center Construction Market - Key Market Dynamics
- 5.1.1 Rise in Launch of New Edge Data Centers
- 5.1.2 Rapid Expansion of IoT Services
- 5.1.3 Surge in Data Center Construction Activities
5.2 Market Restraints
- 5.2.1 Rise in Cost of Infrastructure Development
- 5.2.2 Complexities in Data Center Infrastructure and its Establishment
5.3 Market Opportunities
- 5.3.1 Increasing Implementation of Hyperscalers and Colocation
- 5.3.2 Growing Construction of Tier 4 Data Centers
5.4 Future Trends
- 5.4.1 Increasing Adoption of Green Data Centers
5.5 Impact of Drivers and Restraints:

6. Data Center Construction Market - North America Analysis

6.1 North America Data Center Construction Market Revenue (US$ Million), 2020-2030
6.2 North America Data Center Construction Market Forecast Analysis

7. North America Data Center Construction Market Analysis - by Type of Construction

7.1 Electrical Construction
- 7.1.1 Overview
- 7.1.2 Electrical Construction: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)
7.2 General Construction
- 7.2.1 Overview
- 7.2.2 General Construction: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)
7.3 Mechanical Construction
- 7.3.1 Overview
- 7.3.2 Mechanical Construction: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)

8. North America Data Center Construction Market Analysis - by Tier Standard

8.1 Tier 3
- 8.1.1 Overview
- 8.1.2 Tier 3: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)
8.2 Tier 4
- 8.2.1 Overview
- 8.2.2 Tier 4: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)
8.3 Tier 1 and Tier 2
- 8.3.1 Overview
- 8.3.2 Tier 1 and Tier 2: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)

9. North America Data Center Construction Market Analysis - by Industry Vertical

9.1 IT and Telecommunication
- 9.1.1 Overview
- 9.1.2 IT and Telecommunication: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)
9.2 BFSI
- 9.2.1 Overview
- 9.2.2 BFSI: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)
9.3 Media and Entertainment
- 9.3.1 Overview
- 9.3.2 Media and Entertainment: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Retail
- 9.4.1 Overview
- 9.4.2 Retail: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)
9.5 Manufacturing
- 9.5.1 Overview
- 9.5.2 Manufacturing: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)
9.6 Government
- 9.6.1 Overview
- 9.6.2 Government: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)
9.7 Transportation
- 9.7.1 Overview
- 9.7.2 Transportation: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)
9.8 Others
- 9.8.1 Overview
- 9.8.2 Others: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)

10. North America Data Center Construction Market -Country Analysis

10.1 North America
- 10.1.1 North America: Data Center Construction Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.1 North America: Data Center Construction Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.2 United States: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.1.1.2.1 United States: Data Center Construction Market Breakdown, by Type of Construction
    - 10.1.1.2.2 United States: Data Center Construction Market Breakdown, by Tier Standard
    - 10.1.1.2.3 United States: Data Center Construction Market Breakdown, by Industry Vertical
  - 10.1.1.3 Canada: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.1.1.3.1 Canada: Data Center Construction Market Breakdown, by Type of Construction
    - 10.1.1.3.2 Canada: Data Center Construction Market Breakdown, by Tier Standard
    - 10.1.1.3.3 Canada: Data Center Construction Market Breakdown, by Industry Vertical
  - 10.1.1.4 Mexico: Data Center Construction Market - Revenue and Forecast to 2030 (US$ Million)
    - 10.1.1.4.1 Mexico: Data Center Construction Market Breakdown, by Type of Construction
    - 10.1.1.4.2 Mexico: Data Center Construction Market Breakdown, by Tier Standard
    - 10.1.1.4.3 Mexico: Data Center Construction Market Breakdown, by Industry Vertical

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Market Initiative

13. Company Profiles

13.1 Rittal GmbH & Co KG
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Schneider Electric SE
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 DPR Construction Inc
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 STO Building Group Inc
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 AECOM
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 HOLDER CONSTRUCTION COMPANY
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 Turner Construction Co
- 13.7.1 1.8.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 Eaton Corp Plc
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments

14. Appendix

14.1 About The Insight Partners