(MoneyNewsWire.Net, May 07, 2016 ) Description-
About Data Center Construction Market in the US 2016-2020
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.
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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
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.
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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
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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