(MENAFN- GlobeNewsWire - Nasdaq) Dublin, July 02, 2024 (GLOBE NEWSWIRE) -- The "Western Europe Data Center construction market - industry Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering. The Western Europe Data Center Construction Market was valued at USD 9.01 Billion in 2023, and is expected to reach USD 14.41 Billion by 2029, rising at a CAGR of 8.14%.
The increasing demand for data centers nationwide will provide significant opportunities for construction contractors to generate revenue. Some well-known construction contractors in the Western Europe data center construction market include AECOM, AEON Engineering, Arup, Basler & Hofmann, Bouygues Construction, Callaghan Engineering, Cap Ingelec, Collen, DPR Construction, Future-tech, Mercury, PM Group, Turner & Townsend, Winthrop Engineering and Contracting, and many more.
Major players Colt Data Centre Services (COLT DCS), CyrusOne, DATA4, Digital Realty, Echelon Data Centers, Equinix, Global Switch, Iron Mountain, NTT Global Data Centers, Orange Business Services, Vantage Data Centers, Yondr, and others have made substantial investments in the Western Europe data center construction market. Microsoft, Meta (Facebook), and Google are the major hyperscale operators investing in the Western Europe data center construction market.
The Climate Neutral Data Center Pact has significantly improved the sustainability of Western European data centers. By 2030, all signatories commit to powering their facilities with renewable energy. By October 2022, over 100 companies had signed the Climate Neutral Data Center Pact, representing over 90% of European data center capacity.
Western Europe is the top choice for hyperscale facility development due to free and air-based cooling availability. This advantage helps reduce power consumption in these regions. Data center investors are increasingly choosing locations like Spain, Portugal, Greece, and others with abundant renewable energy and reasonable land prices. Industry leaders like Microsoft, Meta, and Google are at the forefront of developing sustainable hyperscale facilities. Colocation data center developers also contribute by adopting initiatives like HVO, sustainable construction materials, and green facades.
Significant growth has been made in greenfield and modular data center developments. The modular data center developments are increasing as construction methods are deemed inefficient due to labor shortages, budget constraints, and construction delays in certain countries across the region. The increased demand for modular solutions from data center operators is increasing the revenue of modular data center solutions providers such as Vertiv, Dell Technologies, and HPE, among others.
The government's interest in promoting data center investments through land for development, renewable energy procurement, and reducing electricity tariffs will drive the colocation market in Europe during the forecast period.
KEY TRENDS
Rising AI Wave Boost Data Center Investment
Continuous growth in AI propels an increased need for data centers and supports the growth of the Western Europe data center construction industry. Cutting-edge technologies increase demand for advanced data storage and processing facilities. Western Europe experienced a surge in establishing and expanding data centers to accommodate the escalating demand. Data centers are pivotal in supporting the infrastructure for developing and deploying AI solutions. Due to the rising use of AI, Western Europe's growing data center industry positively impacts the economy, generating job opportunities and fostering innovation in the technology sector.
Utilizing Advanced Cooling Technologies
Growing sustainability efforts drive data centers to adopt innovative cooling methods. Large operators focus on reducing power use with approaches like tropical testbeds and underwater centers. Data centers use diverse cooling methods, such as free cooling and underwater centers, demonstrating a commitment to cost-effective, eco-friendly operations. Liquid immersion cooling, using dielectric oil, proves cost-effective for managing heat from high-performance servers. "Direct-to-chip cooling enhances efficiency by directly cooling chips, addressing the sustainability challenges of traditional water cooling. Immersion cooling solutions, including Direct-to-Chip Cooling, aim to overcome sustainability challenges tied to water consumption in traditional cooling methods, making operations more eco-friendly and efficient.
Chip-Level Security in Data Centers
Data centers are increasingly focusing on improving security at the core level through chip-level security - a trend highlighting a growing commitment to enhanced safeguards. This involves implementing advanced security measures directly at the chip level to address threats more effectively and strengthen overall resilience. Chip-level security emphasizes hardware-based protections, using microarchitecture features to strengthen data centers against evolving cyber threats. This trend marks a move toward comprehensive security integration, with chip-level measures as a foundational layer for a robust security posture in data center environments.
SEGMENTATION INSIGHTS
Embracing modular power infrastructure in data centers is poised to yield long-term cost savings. These systems boast higher efficiency, require less maintenance, and save space. Monitoring's importance is on the rise, fueled by the uptake of real-time monitoring software featuring automation and AI capabilities. This technology predicts maintenance needs, identifies component failures, and executes automatic switchovers for uninterrupted operations. Cooling techniques in regions with favorable climates are on the upswing, including using evaporative coolers to cool data centers efficiently. Anticipate data centers to adopt innovative designs like district heating as part of their evolution. Beyond the initial setup, data centers focus on enhancing physical security. They are utilizing real-time data center infrastructure management systems (DCIM) for continuous monitoring and management of facilities.
KEY QUESTIONS ANSWERED
What is the growth rate of the Western Europe data center construction market? What is the estimated market size in terms of area in the Western Europe data center construction market by 2029? How big is the Western Europe data center construction market? What are the key trends in the Western Europe data center construction industry? How many MW of power capacity is expected to reach the Western Europe data center construction market by 2029?
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 406 |
| Forecast Period | 2023 - 2029 |
| Estimated Market Value (USD) in 2023 | $9.01 Billion |
| Forecasted Market Value (USD) by 2029 | $14.41 Billion |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Europe |
Market Overview
Historical vs Present Market Scenario Data Center Construction Cost Across Western Europe Data Center Design Certifications Uptime Institute Tier Standards Leed Certification Tia 942 Certification
Market Opportunities & Trends
Rising AI Wave Boost Data Center Investment Utilizing Advanced Cooling Technologies Surge in Industrial Electricity Rates Rising Expansion of District Heating Systems Chip-Level Security in Data Centers
Market Growth Enablers
Integration of Ocp and Hyperscale Infrastructure Solutions Expansion of 5G Services Leading to Edge Data Center Investments Data Localization Laws by Western European Countries Green Initiatives in Western Europe
Market Restraints
Supply Chain Disruptions Hampering Market Growth Shortage of Skilled Data Center Professionals Location Challenges for Data Center Development
VENDOR LANDSCAPE
Prominent Support Infrastructure Providers
3M ABB Airedale International Air Conditioning Alfa Laval Carrier Caterpillar Condair Climaveneta Cummins D'HONDT THERMAL SOLUTIONS Daikin Applied Delta Electronics Eaton ebm-papst EMICON INNOVATION AND COMFORT Enrogen FlaktGroup Grundfos Guntner GESAB HiRef HITEC Power Protection Honeywell Johnson Controls KOHLER-SDMO KyotoCooling Legrand Mitsubishi Electric Munters Nlyte Software (Carrier Global Corporation) Perkins Engines Piller Power Systems Riello Elettronica (Riello UPS) Rittal Rolls-Royce Schneider Electric Siemens Socomec STULZ Trane (Ingersoll Rand) Vertiv ZIEHL-ABEGG
Prominent Construction Contractors
AECOM AEON Engineering APL Data Center ARC:MC Ariatta ARSMAGNA Artelia Arup Atkins Basler & Hofmann BENTHEM CROUWEL ARCHITECTS Bouygues Construction Cap Ingelec Collen Deerns DPR Construction Eiffage EYP MCF Ferrovial Future-tech ICT Facilities IDOM ISG JCA Engineering JERLAURE Kirby Group Engineering Linesight LPI Group M+W Group (EXYTE) Mercury NORMA Engineering PM Group PQC Quark RED Engineering Design Reid Brewin Architects Royal HaskoningDHV Skanska SPIE UK Starching STO Building Group STS Group studioNWA TPF Ingenierie TTSP Turner & Townsend Winthrop Technologies
Prominent Data Center Investors
AtlasEdge Aruba China Mobile Colt Data Centre Services (COLT DCS) CyrusOne DATA4 Digital Realty Echelon Data Centres EdgeConneX (EQT Infrastructure) Equinix Euclyde Data Centers Meta (Facebook) Global Switch Google Iron Mountain (IO) KDDI (Telehouse) LCL Data Centers Microsoft Nautilus Data Technologies NDC-GARBE Data Centers Europe NTT Global Data Centers Orange Business Services Proximity Data Centres Pure Data Centres T5 Data Centers Telecom Italia Sparkle Vantage Data Centers VIRTUS Data Centres (ST Telemedia Global Data Centres) Yondr
New Entrants
CloudHQ Form8tion Data Centers (Thor Equities) Global Technical Realty Goodman Mainova WebHouse Nation Data Center (NDC)
SEGMENTATION
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 and CRAH Units Chillers Units Cooling Towers, Condensers, and Dry Coolers Economizers & 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 & Tier II Tier III Tier IV
Geography
UK Germany France Netherlands Ireland Switzerland Italy Spain Belgium Portugal Other Western European Countries
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Western European Data Center Construction Market
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