Sweden Occupies a Significant Market Share of Nordic Data Center Construction Market | Arizton

Sweden Data Center Construction Market to Worth $1.5 Billion by 2023

The data center construction market in Nordic is anticipated to reach values of approximately $6 billion by 2023, growing at a CAGR of more than 8% during 2018-2023.

Arizton’s recent market research report on the data center construction market in Nordic identifies ABB, Eaton, Rittal, Schneider Electric, STULZ, Vertiv, AECOM, DPR Construction, HDR Architecture, MACE Group, Mercury Engineering, NCC, and Skanska as the leading vendors that are likely to dominate the market during the forecast period. This research report provides detailed analysis of market segmentation by electrical construction (UPS systems, generators, transfer switch and switchgear, rack PDU, and other electrical infrastructure), by mechanical construction (cooling systems, rack, and other infrastructure), by general construction (building development, installation and commissioning, services, building design, physical security, and DCIM), and by country (Denmark, Finland, Iceland, Norway, and Sweden).

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The data center construction market in Nordic is divided into four major segments that consist of electricidal construction, mechanical construction, general construction, and country.

Sweden to grow at the fastest CAGR in the data center construction market in Nordic during forecast period

The data center construction market in Nordic by country is segmented into Denmark, Finland, Iceland, Norway, and Sweden.

Sweden occupied a significant market share in 2017, growing at a CAGR of over 13% during the forecast period.

The increasing investments by Equinix, Interxion, Hydro66, Multigrid, Boderlight, H&M, Fortlax, Amazon Web Service, ArticSite, EcoDataCenter, The Future of Mining, and GothNet is one of the major factors attributing to the growth of the Sweden region in the data center construction market in Nordic. The Swedish government has reduced the electricity tax rate by 97% enabling local and global providers to construct new facilities in this country. The adoption of cloud-based application for the business operational purpose by several established companies will create new opportunities for colocation providers in the data center construction market in Nordic. The abundance of renewable energy sources, low-cost electricity, and initiatives to encourage district heating will transform the market in Sweden during the forecast period. For instance, Sweden Data Parks enables cheaper OPEX by reducing the cooling cost of data center development to almost zero in exchange for supplying waste heat to nearby households.

Rack PDUs to grow at a significant CAGR in the data center construction market in Nordic during forecast period

The electrical infrastructure segment in the data center construction market in Nordic is categorized into UPS systems, generators, transfer switch and switchgear, rack PDU, and other electrical infrastructure.

Rack PDU is the fastest growing segment of the market at a CAGR of around 10% during the forecast period.

The rapid innovations in rack PDUs that resolves the issue of power consumption and outages will revolutionize the data center construction market in Nordic. The vendors are designing and launching rack PDUs are designed with 2N redundancy specifically for facilities of Tier 3 standard to attract new consumers and boost market share in the Nordic region. The construction of large and mega facilities installed with metered, monitored, or switched PDU, enabling facilities operators to remotely monitor power supply in the IT infrastructure will transform the data center construction market in Nordic. The advanced rack PDUs offer low maintenance and high flexibility in operations, resulting in higher productivity of facilities in the region. The increase in rack density will augment the development of the data center construction market in Nordic over the next few years.

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DCIM segment to grow at an impressive in the data center construction market in Nordic during forecast period

The data center construction market in Nordic by general construction into building development, installation and commissioning, services, building design, physical security, and DCIM. DCIM to dominate a significant market share in 2017, growing at a CAGR of more than 15% during the forecast period. The extensive use of DCIM solutions for asset management through the inventory of assets and lifecycles and maintenance requirement is propelling the growth of the data center construction market in Nordic. These solutions provide control power consumption, improve efficiency, and increase operational capabilities. The facilities operators also prefer solutions that monitor critical elements of the facility, including power, cooling, and IT infrastructure. The integration of DCIM solutions with IT service management solution (ITSM) such as BMC and ServiceNow will revolutionize the data center construction market in Nordic.

The other prominent players in the data center construction market in Nordic are Airedale Air Conditioning, Alfa Laval, Caterpillar, Condair Group, Cummins, GE, HPE, Huawei, MTU On Site Energy, Socomec Group, Systemair, Swegon, Arup Group, AFEC International, Bravida, COWI, Dornan, ENACO, Etix Everywhere, Flexenclosure, Fortis Construction, Granlund, MTH GROUP, Ramboll, Royal HaskoningDHV, SRV Group, and Sweco.

The complete overview of the latest market research report on Nordic data center construction market by Arizton is now available.

The report also offers a detailed study of major trends, drivers, challenges, and also provides the market size and forecast for major geographical regions and key countries.

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