Market Demand : Data center Construction Market in US Grow at a CAGR of 4.38% by Revenue During the Period 2017-2020

ALBANY, NY, May 29, 2017 : The construction of a data center encompasses design, architecture, installation of electrical and mechanical systems, and general building works.
The US is a suitable location for data center construction due to benefits such as low electricity cost, high network connectivity, tax incentives, ease of business operations, and availability of resources.
With the increase in data center construction in the US, investments in network connectivity are expected to grow for continued operational support. State governments are offering tax incentives for enterprises planning to establish a data center presence. In addition, they are reducing electricity prices for these businesses and promoting the use of renewable energy. Therefore, the generation of renewables, for both commercial and consumer use, is growing to support green initiatives.

Technavios analysts forecast the data center construction market in the US to grow at a CAGR of 4.38% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the data center construction market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from the building of new data centers (including modular data center facilities) and the renovation of data centers.

The market is divided into the following segments based on electrical construction:
UPS
Energy storage equipment
Generators
Transfer switches and switchgear

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Technavio's report, Data Center Construction Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Corgan Associates
DPR Construction
Fluor
Gensler
HDR
Holder Construction
Jacobs
Syska Hennessy Group
Turner Construction Company

Other prominent vendors
AECOM
AKF Group
Balfour Beatty
Carlson Design Construct
Clune Construction
Fortis Construction
Gilbane
Hensel Phelps
HITT Contracting
Integrated Design Group
JE Dunn Construction
McGough
Merrick & Company
Mortenson Construction
Page Southerland Page
Pepper Construction
PTS
Skanska
Structure Tone
URS Corporation

Market driver
Growth of IoT
For a full, detailed list, view our report

Market challenge
Containerized data centers
For a full, detailed list, view our report

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Market trend
Green data centers
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.