Press release

Global Data Center Mechanical Construction Market 2019-2023 | 11% CAGR Projection Over the Next Five Years | Technavio

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The global data center mechanical construction market is expected to
post a CAGR of close to 11% during the period 2019-2023, according to
the latest market research report by Technavio.
However, the market’s growth momentum will decelerate, owing to a
decrease in the year over year growth.

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Technavio has published a new market research report on the global data center mechanical constructi ...

Technavio has published a new market research report on the global data center mechanical construction market from 2019-2023. (Graphic: Business Wire)

A key factor driving the growth of the global data center mechanical
construction market is the growing investments in the data center
construction industry. Factors including the increasing implementation
of automation across industries, developments in networking
communication technologies, and rising investments in the HMI
technologies are driving significant investments in the data centers
across the globe. Companies are compelled to build their data centers or
lease data center space from colocation service providers due to the
growing demand from different end-users. The increasing demand for data
center racks, server rail kit, cooling solutions, and others is expected
to drive the data center mechanical construction market growth during
the forecast period.

As per Technavio, the growing interest in green data centers will have a
positive impact on the market and contribute to its growth significantly
over the forecast period. This global
data center mechanical construction market 2019-2023
research
report also analyzes other significant trends and market drivers that
will affect market growth over 2019-2023.

Global data center mechanical construction
market: Growing interest in green data centers

Data center operations revolve around power consumption and carbon
emissions concerns, particularly in the developed economies, including
the US. The growing power consumption concerns further necessitate the
purchase of renewable energy sources while emphasizing the use of
energy-efficient infrastructure for data center operations. This has
encouraged various colocation vendors to use renewable energy sources to
power their data centers while reducing their electricity cost and
carbon footprint. Thus, growing concerns regarding carbon footprint will
fuel the demand for data center mechanical construction solutions in the
forthcoming years.

“Easy access to renewable energy sources has been encouraging the
construction of green data centers. Countries, including Sweden and the
Netherlands, are planning strategies for using natural resources as the
key source of power, in turn, reducing their dependency on coal and
petroleum products. As a result, the growing interest in green data
centers will foster the growth of the data center mechanical
construction market in the upcoming years,”
says a senior research
analyst at Technavio.

Global data center mechanical construction
market: Segmentation analysis

This market research report segments the global data center mechanical
construction market by product (cooling solutions, rack, server rail
kit, and others) and geographic regions (North America, Europe, APAC,
South America, and MEA).

North America led the market in 2018, followed by Europe, APAC, South
America, and MEA respectively. The market growth in North America can be
attributed to the increasing number of data center establishments in the
region. These data centers will also require massive investments in IT
infrastructure and power and cooling solutions.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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