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Data Center Mechanical Construction Market size is set to grow by USD 18.12 billion from 2024-2028, Growing investments in data center construction boost the market, Technavio

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NEW YORK, July 12, 2024 /PRNewswire/ — The global data center mechanical construction market size is estimated to grow by USD 18.12 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  14.76%  during the forecast period. Growing investments in data center construction is driving market growth, with a trend towards growing investment in hyperscale data centers. However, focus on data center consolidation  poses a challenge. Key market players include ABB Ltd., Asetek, Black Box Corp, Coolit Systems, Delta Electronics Inc., Eaton Corp. Plc, Equinix Inc., Friedhelm Loh Stiftung and Co. KG, Green Revolution Cooling Inc., International Business Machines Corp., King Slide Works Co. Ltd., Legrand SA, LiquidStack B.V., Munters Group AB, NetRack Enclosures Pvt. Ltd., Schneider Electric SE, STULZ GmbH, Submer Technologies SL, Super Micro Computer Inc., and Vertiv Holdings Co..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Data Center Mechanical Construction Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 14.76%

Market growth 2024-2028

USD 18123.3 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

12.55

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 47%

Key countries

US, China, UK, Australia, and Japan

Key companies profiled

ABB Ltd., Asetek, Black Box Corp, Coolit Systems, Delta Electronics Inc., Eaton Corp. Plc, Equinix Inc., Friedhelm Loh Stiftung and Co. KG, Green Revolution Cooling Inc., International Business Machines Corp., King Slide Works Co. Ltd., Legrand SA, LiquidStack B.V., Munters Group AB, NetRack Enclosures Pvt. Ltd., Schneider Electric SE, STULZ GmbH, Submer Technologies SL, Super Micro Computer Inc., and Vertiv Holdings Co.

Market Driver

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Market Challenges

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Segment Overview 

This data center mechanical construction market report extensively covers market segmentation by  

Product 1.1 Cooling solutions1.2 Rack1.3 Server rail kit1.4 OthersGeography 2.1 North America2.2 Europe2.3 APAC2.4 South America2.5 Middle East and Africa

1.1 Cooling solutions-  The Data Center Mechanical Construction Market is experiencing significant growth, driven by the expanding needs of hyperscale facilities operated by public cloud providers. This market encompasses networking equipment, colocation services, and the IT infrastructure segment, including Tier 3 and Tier 4 facilities. IT and telecom companies are at the forefront of data center construction, focusing on data storage and processing capabilities, edge computing, and 5G technology integration. Construction companies and engineering firms play crucial roles in site selection, architectural design, electrical installations, and mechanical installations. Compliance with redundancy, uptime, and mission-critical application requirements is paramount. Skilled labor is essential for complex infrastructure needs, including prefabricated components, digital transformation initiatives, and cloud services. Sustainability and energy efficiency are key considerations, with renewable energy sources and efficient cooling systems increasingly adopted. Construction projects require project management expertise, adherence to compliance standards, and a focus on security. Electrical and mechanical infrastructure are integral to these facilities, serving mission-critical applications in healthcare, finance, and other industries.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Data Center Mechanical Construction Market is experiencing significant growth due to the increasing demand for data storage, processing capabilities, and digital transformation initiatives. Edge computing and 5G technology are driving the need for smaller, decentralized data centers. Security is a top priority, leading to the adoption of prefabricated components and modular design. Construction companies and engineering firms are partnering to deliver IT projects, from site selection and architectural design to electrical and mechanical installations. Sustainability is a key consideration, with hyperscale facilities and public cloud providers investing in renewable energy and energy-efficient systems. The IT infrastructure segment, including Tier 3 and Tier 4 data centers, is expected to dominate the market. Networking equipment, colocation services, and cloud services are also significant contributors. Project management, including project delivery methods and risk management, is crucial for successful data center construction. The market is also witnessing the integration of IT and telecom, with the convergence of data centers and communication networks. Overall, the Data Center Mechanical Construction Market is a dynamic and evolving industry, driven by technological advancements and the growing demand for digital services.

Market Research Overview

The Data Center Mechanical Construction Market encompasses the design, engineering, and construction of data storage facilities, including data centers and edge computing sites. With the surge in digital transformation initiatives, cloud services, and 5G technology, the market is experiencing significant growth. Construction companies and engineering firms collaborate on site selection, architectural design, electrical and mechanical installations, and project management. Complex infrastructure requirements demand efficient cooling systems, renewable energy sources, and sustainable designs. Skilled labor is essential for compliance with redundancy, uptime, and mission-critical application standards. Hyperscale data centers, colocation facilities, and multi-tenant facilities require capital investment in IT infrastructure, power distribution, and cooling solutions. Major industries, such as healthcare and finance, rely on data centers for their electrical and mechanical infrastructure, including generators, transfer switches, switchgears, and networking equipment. The IT infrastructure segment, including Tier 3 and Tier 4 data centers, is a significant contributor to the market’s growth. The market also caters to public cloud providers, hyperscale facilities, and IT projects, with a focus on energy efficiency, sustainability, and compliance standards.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductCooling SolutionsRackServer Rail KitOthersGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Mullen & Mullen Law Firm Launches the Mullen & Mullen Music Project

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Supporting Local Independent Music Venues and Artists

DALLAS, Sept. 23, 2024 /PRNewswire/ — Dallas based Mullen & Mullen Law Firm proudly announces the launch of the Mullen & Mullen Music Project, a dynamic initiative created in partnership with Spune Productions. The collaboration is designed to celebrate and rejuvenate the North Texas music scene by offering a platform for both emerging and established artists. The initiative kicked off with a Concert Series at local independent music venues.

Supporting Local Talent and Venues
Running from August to April, the Mullen & Mullen Music Project will feature 12 concerts at some of North Texas’s most cherished venues. The series kicked off on August 6th with a performance by Ben Nichols of Lucero at Club Dada. The Quaker City Night Hawks made their triumphant return at Tulips FTW on August 30th after a touring hiatus. The Quaker City Night Hawks concert was filmed on professional grade video cameras installed at the venue by the Music Project and live-edited by the firm’s videographer Sean Pollaro – himself a musician. The new cameras at Tulips FTW will serve as a wonderful content creation tool for local artists.

Enhancing the Music Experience
The Music Project has allowed participating venues to expedite substantial upgrades already underway. Ferris Wheelers Live has enhanced its suites and stage while embarking on an ambitious Ferris Wheel lighting project. Club Dada has upgraded its outdoor patio stage, and Tulips FTW installed the beforementioned state-of-the-art video and streaming system, enabling artists to record music and stream live performances. Each venue will also feature new murals designed and created by local artists.

A Community-Centered Initiative
Shane Mullen, Managing Attorney at Mullen & Mullen Law Firm, shared the firm’s vision: “The trust and loyalty of the North Texas community have been the foundation of our success. This project is our way of giving back by enriching the local cultural landscape and supporting the artists and venues that make our region unique.”

Corey Pond, General Manager of Spune Productions, added: “This initiative addresses the challenges faced by the indie music scene, providing more opportunities for local artists and supporting our cherished venues. It underscores the power of community, collaboration, and the enduring spirit of local music.”

Join Us in Celebrating Local Music
Over the coming months, experience the vibrant revival of North Texas’s music scene with us. Together, let’s strengthen our community while supporting local artists and independent venues. This is our backyard – let’s make it rock!

For more information, visit: https://www.mullenandmullen.com/music/

About Mullen & Mullen Law Firm:
Mullen & Mullen Law Firm has been privileged to represent injured North Texans for over 41 years. The firm is consistently recognized by TopVerdict for obtaining some of the largest personal injury settlements in the entire state of Texas. In the last 4 years, Mullen & Mullen made the “Top 50” list 44 times and the “Top 100” list 70 times. The firm offers the services of two investigators and an award-winning videographer. Website: https://www.mullenandmullen.com 

About Spune Productions:
Spune Productions is an independent leader in curating and delivering distinctive music events across Texas. Committed to enhancing communities, Spune specializes in creating impactful experiences that resonate with audiences and reflect clients’ brands. From intimate gatherings to large-scale spectacles, Spune Productions tailors each event to amplify stories through the transformative power of music. Website: https://spune.com/

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SOURCE Mullen & Mullen Law Firm

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Corteva to Participate in BMO Ag-Apalooza

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INDIANAPOLIS, Sept. 23, 2024 /PRNewswire/ — Corteva, Inc. (NYSE: CTVA) announces that Chief Executive Officer, Chuck Magro, will speak at the 2024 BMO Ag-Apalooza event at 12:00 p.m. Eastern Time on Tuesday, September 24, 2024.

Remarks will be webcast live. The webcast can be accessed through the Corteva Investor Relations website. A replay of the presentation will be available 24 hours after the presentation ends and will be accessible until October 24, 2024.

About Corteva
Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company that combines industry-leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world’s most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the Company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com.

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SOURCE Corteva, Inc.

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SEEDING JUSTICE MAKES COMMITMENT TO ENVIRONMENTAL JUSTICE AND ECONOMIC DEVELOPMENT FOR OREGON AND PACIFIC NORTHWEST COMMUNITIES IMPACTED BY MULTIPLE CLIMATE BURDENS ON A GLOBAL STAGE AT THE CLINTON GLOBAL INITIATIVE TODAY

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PORTLAND, Ore., Sept. 23, 2024 /PRNewswire/ — Seeding Justice’s Executive Director, Se-ah-dom Edmo, joins global leaders in expanding the nonprofit organization’s commitment to an inclusive green economy focusing on clean energy initiatives created by and for impacted communities.

Click here to watch Seeding Justice’s commitment video and learn more.

What:

Clinton Global Initiative

Who:

Se-ah-dom Edmo, Executive Director, Seeding Justice

When:

September 23, 2024

Where:

New York City, New York

Seeding Justice is a nonprofit organization founded in 1976 and is the region’s largest funder of grassroots organizing and community-led grantmaking.

We focus our work on frontline communities and use community guidance and leadership to help fund the most critical causes, including a new fund to support a community-centered, clean energy future.

Since 2020, our Community Fund program has granted nearly $34 million to communities across the state through Funds like the Reproductive Health Equity Fund and the Child Care Capacity Building Fund. Seeding Justice is also the founding funder of Oregon Worker Relief, the largest program of its kind in the state, and has supported the dispersal of more than $180 million through the Fund, which helps immigrant Oregonians make ends meet.

View original content to download multimedia:https://www.prnewswire.com/news-releases/seeding-justice-makes-commitment-to-environmental-justice-and-economic-development-for-oregon-and-pacific-northwest-communities-impacted-by-multiple-climate-burdens-on-a-global-stage-at-the-clinton-global-initiative-today-302256239.html

SOURCE Seeding Justice

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