Nordic Data Center Market Outlook and Forecast 2019-2024 - Growing Construction of Cryptocurrency Data Centers

DUBLIN, Oct. 28, 2019 /PRNewswire/ -- The "Data Center Market in Nordic - Industry Outlook and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The Nordic data center market is expected to grow at a CAGR of over 7% during the period 2018-2024. The availability of land to develop data centers is an active driver for the growth of the Nordic data center market.

Hyperscale operators and colocation providers are establishing data centers in the Nordic region to the decrease the electricity cost. Hydro and wind powers are the major renewable energy sources in the Nordic region. Strong support from the local government and energy producers is a significant boost for the operators in the region. The operators are also procuring renewable energy.

Nordic Data Center Market: Segmentation

This research report includes detailed market segmentation by electrical infrastructure, mechanical infrastructure, cooling systems, general construction, tier standards, and geography. The use of lithium-ion UPS systems will continue to grow among data center operators in the region as they help to reduce the OPEX through low maintenance cost.

Vendors are continually coming up with innovative UPS solutions that increase efficiency and reduce cost. Large and mega datacenters in Nordic are likely to procure UPS systems of over 750 kVA, whereas small and medium facilities are installing UPS systems with less than 500 kVA capacity.The adoption of generators in the Nordic data center market is likely to decline during the forecast period as the popularity of carbon-neutral facilities is growing.

To facilitate free cooling in data centers, the use of direct/indirect evaporative coolers and air/water-side economizers will continue to grow in the Nordic region. The Nordic data center market is likely to witness the adoption of Open 19 rack architecture and related IT infrastructure designs. It is expected that 42U and 48U racks will be major revenue contributors to the Nordic data center market.

The market for CRAC and CRAH units in the Nordic data center market is expected to grow steadily during the forecast period as several data centers are installing direct evaporative coolers, which do not use CRAC or CRAH systems. The chiller market in the Nordic region is expected to be low due to the extensive use of free cooling systems. Further, the adoption of free cooling chillers with smart technology is growing as they enable operations based on outside temperatures and use limited water for cooling.

Although the Nordic region has a strong presence of infrastructure vendors, the dependency on engineering firms that operate at the regional or global level is high in the market. The increase in the investment in hyperscale facilities in the Nordic region is likely to generate the demand for local engineering expertise. Further, the increase in greenfield facilities will generate high revenue for installation and commission service providers in the Nordic region.

The Nordic data center market by Tier I and Tier II is expected to decline during the forecast period. However, Tier III facilities are likely to grow during the forecast period in the Nordic region. Denmark and Norway have five and six facilities, respectively, which are certified by the Uptime Institute. Many operators are expected to move to the Tier IV category based on the growth in the rack power density and critical applications. Nordic countries are witnessing increased hyperscale investments from Google, Facebook, Microsoft, and AWS.

Key Vendor Analysis

The Nordic data center market is witnessing steady growth, with the high adoption of efficient and modular infrastructure solutions. The market has evolved over the years with multiple innovations focused on reducing power and water consumption and decreasing carbon dioxide emissions.

Moreover, the Nordic data center market has a strong presence of vendors across all three categories: electrical infrastructure, mechanical infrastructure, and general construction. Hyperscale data centers are likely to adopt lithium-ion batteries, natural gas generators, and intelligent PDUs during the forecast period. Infrastructure vendors are expected to offer innovative products during the forecast period, especially those products that help to reduce power wastage and improve efficiency.

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation

6 Market at a Glance

7 Introduction
7.1 Growth of Internet
7.2 Electricity Prices
7.3 Submarine Cable
7.4 Data Center Site Selection Criteria

8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Increasing Demand for Cloud Computing
8.1.2 Growing Hyperscale Colocation Investment
8.1.3 Availability of Renewable Energy Sources
8.1.4 Free-Cooling Facilitates Operating Data Centers at Low PUE
8.1.5 Tax Incentives and Availability of Data Center Site
8.2 Market Growth Restraints
8.2.1 Lack of Skilled Workforce
8.2.2 Procurement Cost of Efficient Infrastructure
8.2.3 Physical Security Constraints
8.3 Market Opportunities and Trends
8.3.1 Increasing Popularity of District Heating Concept
8.3.2 Growing Construction of Cryptocurrency Data Centers
8.3.3 Purchase of Land to Increase Hyperscale Investment
8.3.4 Modular Data Center Deployment Will Increase

9 Data Center Market in Nordic
9.1 Market Overview
9.2 Market Size & Forecast
9.3 Five Forces Analysis

10 Market By Infrastructure
10.1 Market Snapshot & Growth Engine
10.2 Electrical Infrastructure
10.3 Mechanical Infrastructure
10.4 General Construction

11 Electrical Infrastructure
11.1 Market Segment Snapshot and Growth Engine
11.2 Uninterruptible Power Supply (UPS)
11.3 Generators
11.4 Transfer Switches and Switchgear
11.5 Rack Power Distribution Unit (PDU)
11.6 Other Electrical Infrastructure

12 Mechanical Infrastructure
12.1 Market Segment Snapshot and Growth Engine
12.2 Cooling Systems
12.3 Racks
12.4 Other Infrastructure

13 Cooling Systems
13.1 Market Segment Snapshot & Growth Engine
13.2 CRAC AND CRAH Units
13.3 Chiller Units
13.4 Cooling Towers and Dry Coolers
13.5 Economizers and Evaporative Coolers
13.6 Other Cooling Units

14 Cooling Technique
14.1 Market Segment Snapshot & Growth Engine
14.2 Air-Based Cooling Techniques
14.3 Water-Based Cooling Techniques

15 General Construction
15.1 Market Segment Snapshot & Growth Engine
15.2 Building Development
15.3 Installation and Commissioning Services
15.4 Building Design
15.5 Physical Security
15.6 Data Center Infrastructure Management (DCIM)

16 By Tier Standards
16.1 Market segment Snapshot & Growth Engine
16.1.1 Overview of Tier Standards
16.2 Tier I & II
16.3 Tier III
16.4 Tier IV

17 By Geography

Companies Profiled

Key Data Center Construction Contractors

• Aecom
• DPR Construction
• HDR Architecture
• MACE Group
• Mercury Engineering
• NCC
• Skanska

Key Data Center Infrastructure Providers

• ABB
• Eaton
• Rittal
• Schneider Electric
• Stulz
• Vertiv

Key Data Center Investors

• Amazon Web Service
• Equinix
• Facebook
• Hydro66
• Interxion
• Microsoft

Other Prominent Construction Contractors

• Arup Group
• AFEC International
• Bravida
• COWI
• Dornan
• Enaco
• Etix Everywhere
• Flexenclosure
• Granlund
• Kirby Group
• MTH Group
• Ramboll
• Red Engineering
• Royal Haskoningdhv
• SRV Group
• SWECO

Other Prominent Infrastructure Providers

• Airedale Air Conditioning
• Alfa Laval
• Caterpillar
• Condair Group
• Cummins
• General Electric (GE)
• Hewlett Packard Enterprise (HPE)
• HUAWEI
• MTU Onsite Energy (Rolls-Royce Power Systems AG)
• Socomec
• Systemair AB
• Swegon
• Legrand
• KINOLT (EURO-DIESEL)

Other Prominent Data Center Investors

• Advania Data Centers
• Bahnhof
• Basefarm (Orange Group)
• Digiplex
• Fortlax
• Multigrid
• TIETO

For more information about this report visit https://www.researchandmarkets.com/r/fydwg4

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