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The Latin America data center construction market is projected to grow at a CAGR of around 7% during the forecast period.NEW YORK, Sept. 2, 2019 /PRNewswire/ -- The Latin America data center construction market is projected to grow at a CAGR of around 7% during the forecast period. The growing number of greenfield and modular facilities projects is likely to continue in the market over the next few years. The modular construction will add significant revenue to the market during the forecast period. Besides, the need for the skilled workforce with expertise in the construction and operation of facilities is likely to grow in the Latin America data center construction market. Due to increased uptime and efficacy, the adoption of tier III standards comprising N+1 redundancy will gain propulsion, thus driving the Latin America data center construction market. The growth of cooling system markets depends on the construction of data centers, type of adopted systems, redundancy, cost, and growth of rack power density. The growing construction of data centers in Latin America will increase the adoption of 45U, 47U, and 48U rack units. The market will also witness increased containment-based design with up to 20 racks. Further, piping units, pump systems, and valves used during the construction of facilities are major revenue generators for the other infrastructure segment. Over 85% of certified data centers are Tier III types. Most facilities in Brazil, Colombia, Chile, Argentina, Mexico, and Peru are Tier III certified. However, several facilities are being constructed as colocation data centers. Most new facilities are designed as per Tier III standards with a minimum of N+1 redundancy; however, flexible design can help them to be reconfigured up to 2N+1 redundancy as and when the demand arises. The increased investment by hyperscale developers and the adoption of modular data centers of tier IV standards are expected to boost the Latin America data center construction market. Market Segmentation by General Construction • Building Development • Installation and Commissioning Services • Building Design • Physical Security • DCIM Market Segmentation by Electrical Infrastructure • UPS System • Generators • Transfer Switches and Switch Gear • Rack PDUs • Others Market Segmentation by Mechanical Infrastructure • CRAC & CRAH Units • Chiller Units • Cooling Tower and Dry Coolers • Economizer and Evaporative Coolers • Other Units Market Segmentation by Tier Standards • Tier I &II • Tier III • Tier IV Latin America Data Center Construction Market: Geography The data center construction market in Brazil is expected to attract high investments from colocation providers during the forecast period. For instance, The national innovation and technology funding agency FINEP (Funding Authority for Studies and Projects) will allocate $670 million to Brazilian Smart Industry projects. Thus, the increased investment will boost the Latin America data center construction market. Colombia is widely gaining momentum in the data center construction market due to the availability of infrastructure and tax incentives. Further, the increased number of mobile devices and access to the internet will likely to add a greater number of facilities during the forecast period. The growing demand for cloud-based services, internet of things (IoT) and big data analytics has significantly contributed to the growth of the data center market in Chile. Also, substantial investment from big cloud providers such as Google in Chile will bring new job opportunities in the country, thereby boosting the Latin America data center construction market. The investment in improving the digital economy is expected to drive the market among the rest of the countries in Latin America. Key Profiled Countries • Brazil • Colombia • Chile • Rest of Latin America o Argentina o Ecuador o Peru o Venezuela o Uruguay o Nicaragua o Paraguay o Mexico o Bolivia o Honduras o The Caribbean Key Vendor Analysis The Latin America data center construction market is continuing to grow in terms of greenfield and modular data center construction projects. The market is witnessing the increased growth in the region, with high adoption of efficient and modular data center infrastructure solutions. The strong presence of vendors across all three categories - electrical infrastructure, mechanical infrastructure, and general construction - is expected to boost the Latin America data center construction market during the forecast period. Key Construction Vendors • AECOM • ConstuctoraSudamericana S.A. • Flexenclosure • Aceco TI • ZFB Group Key Infrastructure Providers • ABB • Eaton • Rittal • KINOLT (Euro-Diesel) • Schneider Electric • STULZ • Vertiv Key Data Center Investors • Ascenty • Equinix • ODATA • Tigo (MALLICOM) Prominent Construction Contractors • Fluor Corporation • Holder Construction • Jacobs • Mortenson Construction Prominent Infrastructure Providers • Active Power • AIRSYS • Alfa Laval • Assa Abloy • Axis Communications • Bosch Security Systems • Caterpillar • Cisco • Cummins • Daikin Applied • Delta Group • Generac Power System • Honeywell International • Intel DCM • Legrand • Mitsubishi • Munters • Nortek Humidity • Panduit • Siemens Prominent Data Center Investors • EdgeConnex • GTD Group • Telefonica Key market insights include 1. The analysis of Latin America data center construction market provides market size and growth rate for the forecast period 2018-2024. 2. It offers comprehensive insights on current industry trends, trend forecast, and growth drivers about the Latin America data center construction market. 3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities. 4. It offers a complete overview of market segments and the regional outlook for Latin America data center construction market. 5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage. Read the full report: https://www.reportlinker.com/p05353180/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001
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