The Nordic data center construction market is expected to grow at a CAGR of over 1% during the period 2019-2025
NEW YORK, June 17, 2020 /PRNewswire/ -- In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Nordic Data Center Construction Market Report
In Nordic, the market is completely dominated by greenfield development. In these projects, building development is carried out by major construction contractors in coordination with design and infrastructure providers and service operators. The involvement of sub-contractors is high as they have strong expertise in building structures in a particular location. Denmark continues to dominate with hyperscale greenfield development. These data center projects provide high revenue opportunities for general contractors. Local sub-contractors are also expected to witness continuous growth in their revenues during the forecast period. With the increased construction of hyperscale facilities, the demand for skilled professionals is likely to grow in the country. The growth in greenfield hyperscale facilities will generate more revenue for installation and commission service providers in Nordic.
The Tier I & Tier II data center market is expected to register a negative CAGR during the forecast period. The number of Tier I and Tier II facilities has reduced significantly over the past five years because of the increasing awareness of the use of redundant infrastructure. UPS and PDU systems in Tier II data centers are equipped with minimum N+N redundancy. A majority of under-developed projects across the Nordic region fall under the Tier III category. This trend is likely to continue during the forecast period. Many operators are expected to move to the Tier IV category based on the growth in rack power capacity and critical applications. In Finland and Iceland, there are three data centers that are Uptime Institute Certified under the Tier III category.
Segmentation by Electrical Infrastructure
• Transfer Switches & Switchgears
• Rack PDUs
• Other Electrical Infrastructure
Segmentation by Mechanical Infrastructure
• Cooling Systems
o CRAC & CRAH Units
o Cooling Towers & Dry Coolers
o Other Units
• Other Mechanical Infrastructure
Segmentation by General Construction
• Building Development
• Installation & Commissioning Services
• Building Designs
• Physical Security
Segmentation by Tier Standards
• Tier I & Tier II
• Tier III
• Tier IV
Insights by Geography
Facebook investments in its Odense Data Center Facility in Denmark is followed by Google broke ground on its first Denmark data center, which is likely to be functional by 2021. In terms of colocation providers, Bulk Infrastructure invested in its DK01 Campus along with investments from DigiPlex, GlobalConnect, and Interxion are investing in the data center market in Denmark. In Norway, Microsoft and Equinor contributed to the investment along with Green Mountain with investments in facilities such as DC2 Telemark and Telemark & Stavanger Data Center. In 2019, Stockholm was the major investment destination Sweden that includes seven facility development activities with an estimated investment of over $350 million. Hyperscale renewable procurement is growing YOY in the region. For instance, Google has signed a 12-year contract with a power company in Norway to supply 160 MW of wind energy to power its data centers in Europe. The country has ample renewable energy sources to support large facilities.
Segmentation by Geography
• Finland & Iceland
Insights by Vendors
The Nordic data center construction market is witnessing a steady growth in terms of greenfield and modular data center construction, with the high adoption of efficient and modular data center infrastructure solutions. The market has evolved over the years with multiple innovations focused on reducing power and water consumption and decreasing carbon dioxide emissions. Schneider Electric, Eaton, Rittal, Vertiv, and ABB are leading vendors in the electrical infrastructure market. Vendors are also partnering with modular data center developers and direct liquid cooling providers to increase revenues. This trend is likely to continue during the forecast period.
Prominent Support Infrastructure Providers
• Airedale Air Conditioning
• Alfa Laval
• Bosch Security Systems (Robert Bosch)
• Delta Group
• KINOLT (Euro-Diesel)
• Hitech Power Protection
• KOHLER (SDMO)
• Piller Power Systems
• Riello UPS
• MTU On Site Energy (Rolls-Royce Power Systems AG)
• Schneider Electric
• Socomec Group
• Trane (Ingersoll Rand)
Prominent Construction Contractors
• Arup Group
• DPR Construction
• Etix Everywhere (VANTAGE DATA CENTER)
• Fortis Construction
• HDR Architecture
• Mace Group
• Mercury Engineering
• MTH GROUP
• Royal HaskoningDHV
• SRV Group
Prominent Data Center Investors
• BorderLight AB (GoGreenHost)
• Bulf Infrastructure
• Green Mountain AS
Key Questions Answered
1. What is the Nordic data center construction market size and growth forecast?
2. What are the factors impacting the growth of the Nordic data center construction market forecast?
3. What are the leading drivers, trends, and restraints in the Nordic data center construction market?
4. Who are the leading vendors and what are their market shares?
5. What impact the COVID-19 Pandemic have on the market?
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