The US Data Center Construction Market Investment to Reach $47.72 Billion by 2029 - Arizton

According to Arizton's latest research report, the U.S. data center construction market is growing at a CAGR of 11.69% during 2023-2029. 

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The US data center construction market is witnessing robust growth, fueled by surging demand for data storage and processing capabilities. Major players across tech, real estate, and infrastructure sectors are investing significantly in building and upgrading data centers. This demand surge is propelled by ongoing digital transformation and expanding adoption of cloud and edge computing. With businesses increasingly relying on data centers to power technologies like 5G, IoT, and AI, investment in this sector is poised to escalate further.

Key hubs have emerged for data center development, with Northern Virginia leading the pack as the renowned "Data Center Alley," thanks to its proximity to Washington D.C., and superior connectivity. Silicon Valley retains its prominence due to its tech-focused ecosystem. Dallas-Fort Worth has emerged as a significant hub in the Southwest US, offering cost-effective solutions and strategic geographic positioning. Meanwhile, Chicago is a considerable data center hub, benefiting from its central location and robust network connectivity. These locations are expected to remain pivotal in driving the growth and expansion of the US data center construction market.

Market Segmentation Insight

Core & Shell Development to Contribute the Largest Market Share
The US data center construction market by core and shell development will reach over $9 billion by 2029.
The Northeastern region will likely witness a surge in brownfield projects due to location constraints. The cost of core & shell development increased in 2023 compared to 2022. Silicon Valley, New Jersey, and Chicago were the top locations where the cost was higher than other cities such as Northern Virginia, Phoenix, and Atlanta.

Air-based Cooling Techniques to Occupy the Major Share in the Market
The US data center construction market by air-based cooling will reach $3.60 billion by 2029.
Air cooling techniques have long been instrumental in data center cooling, including traditional Computer Room Air Conditioning (CRAC) units and free-cooling solutions. While liquid-based cooling solutions have been prevalent, free-cooling methods have gained traction recently, especially in the US market. Chilled water systems remain common, particularly in water-based cooling setups. There's a growing trend toward waterless cooling systems featuring indoor CRAC units, particularly among data centers utilizing free cooling chillers. Innovations focusing on using outside air for cooling, without onsite water requirements, are expected to drive market growth further.
Air-based cooling technologies are widely deployed and understood, forming the backbone of data center cooling strategies. Data center personnel are familiar with air cooling systems and adept at maintenance, benefiting from extensive industry experience. Maintaining these systems is streamlined due to established industrial practices, ensuring efficient and reliable cooling for data center equipment.

Boom in M&A & Joint Venture Activities Uplifting the Market Growth
The US data center market has experienced a significant surge in mergers and acquisitions (M&A) as well as joint ventures (JVs) in recent years. This growth in demand can largely be attributed to the expansion in cloud and edge computing as well as the increased reliance on digital infrastructure for data storage and processing capabilities.
In March 2023, Amazon acquired a former insulation factory in Santa Clara, California, by paying over $237 million. The factory is likely to be converted into a data center.
In May 2023, Gigapower, LLC, a joint venture between AT&T and BlackRock, was formed to offer fiber broadband services to internet service providers and businesses in various parts of the US.
American Real Estate Partners (AREP) and Harrison Street Real Estate formed a new joint venture (JV) of around $1 billion to develop and build a powered shell campus in Northern Virginia.

The Report Includes the Investment in the Following Areas: 

Facility Type

Hyperscale Data Centers

Colocation Data Centers

Enterprise Data Centers

Infrastructure

Electrical Infrastructure

Mechanical Infrastructure

General Construction

Electrical Infrastructure

UPS Systems

Generators

Transfer Switches & Switchgear

PDUs

Other Electrical Infrastructure

Mechanical Infrastructure

Cooling Systems

Racks

Other Mechanical Infrastructure

Cooling Systems

CRAC & CRAH Units

Chiller Units

Cooling Towers, Condensers, & Dry Coolers

Economizer & Evaporative Coolers

Other Cooling Units

Cooling Techniques

Air-based Cooling

Liquid-based Cooling

General Construction

Core & Shell Development

Installation & Commissioning Services

Engineering & Building Design

Fire Detection & Suppression

Physical Security

DCIM/ BMS Solutions

Tier Standards

Tier I & II

Tier III

Tier IV

Geography

United States

Southeastern U.S.

Virginia

Georgia

Tennessee

Florida

Alabama

Other States

Midwestern U.S.

Ohio

Illinois

Nebraska

Missouri

Iowa

Other States

Southwestern U.S.

Texas

Arizona

Other States

Western U.S.

California

Nevada

Utah

Oregon

Other States

Northeastern U.S.

New Jersey

Pennsylvania

New York

Connecticut

Other States

Competitive Landscape

Key Data Center Support Infrastructure Providers

ABB

Caterpillar

Cummins

Delta Electronics

Eaton

Legrand

Rolls-Royce

Schneider Electric

STULZ

Vertiv

Key Data Center Contractors

AECOM

Arup

Corgan

DPR Construction

Fortis Construction

Holder Construction

Jacobs

Rogers-O'Brien Construction

Syska Hennessy Group

Turner Construction

Key Data Center Investors

Apple

Amazon Web Services (AWS)

CyrusOne

DataBank

Digital Realty

Equinix

Google

Meta (Facebook)

Microsoft

NTT DATA

Other Data Center Support Infrastructure Providers

Airedale

Alfa Laval

Asetek

Bloom Energy

Carrier

Condair

Cormant

Cyber Power Systems

Enlogic

FNT Software

Generac Power Systems

Green Revolution Cooling (GRC)

HITEC Power Protection

Johnson Controls

KOHLER

KyotoCooling

Mitsubishi Electric

Natron Energy

NetZoom

Nlyte Software

Rittal

Siemens

Trane (Ingersoll Rand)

Tripp Lite

Yanmar (HIMOINSA)

ZincFive

Other Data Center Contractors

AlfaTech

BlueScope Construction

Brasfield & Gorrie

CallisonRTKL

Clark Construction Group

Climatec

Clune Construction

EMCOR Group

EYP MCF

Fitzpatrick Architects

Fluor Corporation

Gensler

Gilbane Building Company

HDR

HITT Contracting

Hoffman Construction

JE Dunn Construction

JHET Architects

kW Engineering

WSP (kW Mission Critical Engineering)

Linesight

M+W Group (Exyte)

Morrison Hershfield

Mortenson

Rosendin

Salute Mission Critical

Sheehan Nagle Hartray Architects

Skanska

Southland Industries

Sturgeon Electric Company

Structure Tone

The Mulhern Group

The Walsh Group

The Weitz Company

TRINITY Group Construction

Other Data Center Investors

Aligned Data Centers

American Tower

AUBix

CloudHQ

Cologix

Compass Datacenters

COPT Data Center Solutions

CoreSite

DartPoints

DC BLOX

Edge Centres

EdgeConneX

EdgePresence

EdgeCore Digital Infrastructure

Element Critical

Evoque

Flexential

fifteenfortyseven Critical Systems Realty (1547)

H5 Data Centers

HostDime

Iron Mountain

Netrality Data Centers

Novva Data Centers

PowerHouse Data Centers

Prime Data Centers

QTS Realty Trust

Sabey Data Centers

Skybox Datacenters

Stream Data Centers

STACK Infrastructure

Switch

T5 Data Centers

TierPoint

Vantage Data Centers

Vapor IO

Yondr

365 Data Centers

New Entrants

Corscale Data Centers

Crane Data Centers

Edged Energy

NE Edge

Quantum Loophole

Rowan Digital Infrastructure

The US Data Center Construction Market Report Encompasses Crucial Data, Including:           
CAGR (Compound Annual Growth Rate) during the forecast period: This metric provides insights into the annual growth rate of the US data center construction market over the specified time frame.           
Detailed information on growth drivers: The report offers in-depth information on the factors that will propel the US data center construction market growth from 2023 to 2029. This includes an analysis of various market influences.           
Precise estimation of market size: Accurate assessments of the US data center construction market size and its contribution and focusing on key market segments.           
Predictions about upcoming trends and changes in consumer behavior: The report offers insights into anticipated trends and shifts in consumer behavior that are likely to impact the US data center construction market, helping businesses prepare for future market dynamics.           
Geographical market growth: The report covers the development of the data center construction market across the US.
Competitive landscape analysis: A thorough examination of the market's competitive landscape is presented, including detailed information about companies operating in the US data center construction market. This includes an overview of key players, their market share, strategies, and key developments.           
Analysis of growth challenges: The report includes a comprehensive analysis of factors that may pose challenges to the growth of companies in the US data center construction market, providing a well-rounded view of the market dynamics.      

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Key Questions Answered in the Report:  

What are the key trends in the U.S. data center construction market?

What is the growth rate of the U.S. data center construction market?

How big is the U.S. data center construction market?

What is the estimated market size in terms of area in the U.S. data center construction market by 2029?

How many MW of power capacity is expected to reach the U.S. data center construction market by 2029?

Get the Detailed TOC @ https://www.arizton.com/market-reports/united-states-data-center-construction-market-2024

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