Data Center Market in Nordic - Industry Outlook and Forecast 2019-2024

292 pages

12 tables

2 charts

4 region

1 countries

3 company

6 segments

Purchase Options

$4000.00
$4500.00
$5500.00
$2000.00

Have a question?

Please get in touch with our team in case of any queries

+1-312-235-2040

NORDIC DATA CENTER CONSTRUCTION MARKET SIZE TO CROSS $2.2 BILLION BY 2025, GROWING AT A CAGR OF 1.5% DURING THE FORECAST PERIOD

This research report on the Nordic data center market covers sizing and forecast, share, industry trends, growth drivers, and vendor analysis. The study includes insights on the segmentation by electrical infrastructure (UPS, generators, rack power distribution units, transfer switches & switchgears, and other), mechanical infrastructure (cooling systems, racks, and other mechanical infrastructure), cooling systems (CRAC & CRAH, chiller units, cooling towers & dry coolers, economizers& evaporative coolers, and other cooling units), cooling technique (air-based cooling technique and liquid-based cooling technique), general construction (building development, installation & commissioning services, building design, physical security, DCIM), tier standards (Tier I&II, Tier III, and Tier IV), and geography (Iceland, Sweden, Denmark, and Finland).
Customize this Report

This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize

NORDIC DATA CENTER MARKET REPORT SCOPE

REPORT ATTRIBUTEDETAILS
Market SizeUSD 4.38 Billion (2024)
CAGROver 7% (2018-2024)
Base Year2018
Forecast Year2020 - 2024
Market Segmentselectrical infrastructure (UPS, generators, rack power distribution units, transfer switches & switchgears, and other), mechanical infrastructure (cooling systems, racks, and other mechanical infrastructure), cooling systems (CRAC & CRAH, chiller units, cooling towers & dry coolers, economizers& evaporative coolers, and other cooling units), cooling technique (air-based cooling technique and liquid-based cooling technique), general construction (building development, installation & commissioning services, building design, physical security, DCIM), tier standards (Tier I&II, Tier III, and Tier IV)
Geographic AnalysisIceland, Sweden, Denmark, and Finland
Countries CoveredIceland,Denmark,Sweden,Finland,
Interested in this Report?

Download a Sample!

INDUSTRY INSIGHTS

The district heating concept is gaining popularity among facility operators and local governments in the Nordic region. This concept involves the distribution of the heat generated in a centralized data center location through a network of insulated pipes for domestic heating purposes. The facility operators are increasingly using the heat generated from servers to heat district homes during winters. Thus, the concept is likely to grow among the investors in the region during the forecast period. Stockholm Data Parks is likely to supply waste heat to several households in Stockholm.

Hyperscale operators and colocation providers are establishing facilities in the Nordic region to the decrease in the electricity cost. Hydro and wind powers are the major renewable energy sources in the region. In 2018, over 90% of the established facilities were powered through renewable energy sources. 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. Norway is leading the race in terms of renewable energy capacity production, followed by Sweden and Finland. The availability of land to develop data centers is an active driver for the growth of the market. 

The Nordic data center market is expected to grow at a CAGR of over 7% during the period 2018−2024.

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.

INSIGHTS BY ELECTRICAL INFRASTRUCTURE

The use of lithium-ion UPS systems will continue to grow among facility 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 facilities 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 is likely to decline during the forecast period as the popularity of carbon-neutral facilities is growing. Also, the grid supply stability in the region, especially in Denmark, is high, thereby reducing the adoption of generators systems.

With the increased construction of facilities, the market for transfer switches and switchgear is expected to grow during the forecast period. The growing data center rack density will increase the adoption of three-phase rack PDUs rather than single-phase PDUs during the forecast period. 

INSIGHTS BY MECHANICAL INFRASTRUCTURE

To facilitate free cooling in data center facilities, the use of direct/indirect evaporative coolers and air/water-side economizers will continue to grow in the Nordic region. 42U rack units are the most commonly used. 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 market. Ductworks are the major revenue generators in the other mechanical infrastructure segment. The adoption of direct/in-direct free cooling technique is aiding the market growth of ductworks.

INSIGHTS BY COOLING SYSTEMS

The market for CRAC and CRAH units in the Nordic data center market is expected to grow steadily during the forecast period as several facilities are installing direct evaporative coolers, which do not use CRAC or CRAH systems. However, a majority of datacenters, which use water-based cooling technique, install multiple CRAC and CRAH units in data halls and containment designs.

The chiller market 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.

The abundance of free cooling resources is expected to lead the growth of indirect evaporative cooling systems during the forecast period. Vendors are offering a variety of modern cooling systems that use cold air outside for cooling.

INSIGHTS BY GENERAL CONSTRUCTION

In the Nordic data center market, processes such as site selection and preparation are carried out by local municipalities in partnership with energy producer, grid, and fiber operators. Although the region has a strong presence of infrastructure vendors, the dependency on engineering firms that operate at the regional or global level is high. The increase in the investment in hyperscale facilities 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 region.

Colocation data center and managed service providers in the Nordic region are expected to comply with regulations and certifications. Designing a facility with prescribed rules provides high reliability, scalability, and flexibility in operations along with efficiency and resilience. The importance of physical security systems, along with relevant securities, is growing among service providers. In the future, the data center market is likely to witness the increased use of robot monitoring systems in the facility with sensors and video surveillance. 

INSIGHTS BY TIER STANDARDS

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. 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.

INSIGHTS BY GEOGRAPHY

The adoption of cloud-based services in Denmark is growing significantly. Denmark is an ideal location because it has the closest proximity to other European countries and robust fiber connectivity inside the country. The increasing number of several submarine fiber cable projects from Denmark that connects with other European countries such as the UK, Germany, the Netherlands, France, and the US is growing. The increased construction of hyperscale data center facilities in Denmark is expected to lead the growth of intelligent and efficient power infrastructure solutions during the forecast period.

The availability of 100% renewable energy sources is helping Iceland to emerge as the most favorable location for development in the Nordic region. The increasing interest in cryptocurrency miners is leading to the development in Finland. The demand for hybrid infrastructure services and the establishment of the cloud data center by Microsoft is likely to boost the market. The installation of cloud services in the country is expected to reach over 80% by 2024.

Sweden has been witnessing significant data center investment. The availability of renewable energy and the presence of favorable climatic condition are a few of the major factors that attract new investments in the country. The adoption of cloud-based services is also growing in the region, with over 60% of the enterprises using cloud-based applications for their business operations.

 Key Countries Profiled

  • Iceland
  • Denmark
  • Sweden
  • Finland

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 market has a strong presence of vendors across all three categories: electrical infrastructure, mechanical infrastructure, and general construction. Hyperscale service providers 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.

Prominent Construction Contractors 

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

Prominent Infrastructure Providers

  • ABB
  • Eaton
  • Rittal
  • Schneider Electric
  • STULZ
  • Vertiv

Prominent Investors 

  • Amazon Web Service (AWS)
  • Equinix
  • Facebook
  • Hydro66
  • Interxion
  • Microsoft

Other Prominent Construction Contractors

  • AFEC International
  • Arup Group
  • Bravida
  • COWI
  • Dornan
  • ENACO
  • Etix Everywhere
  • Flex Enclosure
  • Granlund
  • Kirby Group
  • MTH GROUP
  • Ramboll
  • Red Engineering
  • Royal Haskoning DHV
  • SRV Group
  • Sweco

Other Prominent Infrastructure Providers

  • Airedale Air Conditioning
  • Alfa Laval
  • Caterpillar
  • Condair Group
  • Cummins
  • General Electric (GE)
  • Hewlett Packard Enterprise (HPE)
  • Huawei
  • KINOLT
  • Legrand
  • MTU On-Site Energy (Rolls-Royce Power Systems Ag)
  • Socomec Group
  • Systemair
  • Swegon

Other Prominent Investors

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

The Nordic Data Center market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:

Market Segmentation by Electrical Infrastructure

  • UPS
  • Generators
  • Rack Power Distribution units
  • Transfer Switches and Switchgears
  • Others

Market Segmentation by Mechanical Infrastructure

  • Cooling Systems
  • Racks
  • Other Mechanical Infrastructure

Market Segmentation by Cooling Systems

  • CRAC & CRAH
  • Chiller Units
  • Cooling Towers & Dry Coolers
  • Economizer & Evaporative Coolers
  • Other Cooling Units

Market Segmentation by General Construction

  • Building Development
  • Installation & Commissioning Services
  • Building Design
  • Physical Security
  • Data Center Infrastructure Management(DCIM)

Market Segmentation by Tier Standard

  • Tier I and Tier II
  • Tier III
  • Tier IV

Market Segmentation by Geography

  • Iceland
  • Sweden
  • Denmark
  • Finland

Frequently Asked Questions

What is the market size and CAGR of the Nordic Data Center Market?

Nordic data center market size to reach USD 4.38 billion by 2024 growing at a cagr of over 7% during the forecast period.

What factors are driving the Nordic Data Center Market?

The district heating concept is gaining popularity among facility operators and local governments in the Nordic region. This concept involves the distribution of the heat generated in a centralized data center location through a network of insulated pipes for domestic heating purposes.

Who are the prominent Infrastructure Providers in the Nordic Data Center Market?

ABB,Eaton,Rittal,Schneider Electric,STULZ,Vertiv.

The Nordic data center market is expected to grow at a CAGR of over 7% during the period 2018−2024.

The following factors are likely to contribute to the growth of the Nordic data center market during the forecast period:

  • Increased Demand for Cloud Computing
  • Growth in Hyperscale Colocation Investment
  • Availability of Renewable Energy Sources
  • Construction of Cryptocurrency Data Centers
  • Increase in Modular Data Center Deployment

Base Year:                  2018

Forecast Year:           2019–2024

The report considers the present scenario of the Nordic data center market during the forecast period and its market dynamics for the period 2018−2024. It covers a detailed overview of several market growth enablers, restraints, and trends. The report profiles and examines leading companies and several other prominent companies operating in the market. 

Prominent Construction Contractors 

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

Prominent Infrastructure Providers

  • ABB
  • Eaton
  • Rittal
  • Schneider Electric
  • STULZ
  • Vertiv

Prominent Investors 

  • Amazon Web Service (AWS)
  • Equinix
  • Facebook
  • Hydro66
  • Interxion
  • Microsoft

Other Prominent Construction Contractors

  • AFEC International
  • Arup Group
  • Bravida
  • COWI
  • Dornan
  • ENACO
  • Etix Everywhere
  • Flex Enclosure
  • Granlund
  • Kirby Group
  • MTH GROUP
  • Ramboll
  • Red Engineering
  • Royal Haskoning DHV
  • SRV Group
  • Sweco

Other Prominent Infrastructure Providers

  • Airedale Air Conditioning
  • Alfa Laval
  • Caterpillar
  • Condair Group
  • Cummins
  • General Electric (GE)
  • Hewlett Packard Enterprise (HPE)
  • Huawei
  • KINOLT
  • Legrand
  • MTU On-Site Energy (Rolls-Royce Power Systems Ag)
  • Socomec Group
  • Systemair
  • Swegon

Other Prominent Investors

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

Market Segmentation by Electrical Infrastructure

  • UPS
  • Generators
  • Rack Power Distribution units
  • Transfer Switches and Switchgears
  • Others

Market Segmentation by Mechanical Infrastructure

  • Cooling Systems
  • Racks
  • Other Mechanical Infrastructure

Market Segmentation by Cooling Systems

  • CRAC & CRAH
  • Chiller Units
  • Cooling Towers & Dry Coolers
  • Economizer & Evaporative Coolers
  • Other Cooling Units

Market Segmentation by General Construction

  • Building Development
  • Installation & Commissioning Services
  • Building Design
  • Physical Security
  • Data Center Infrastructure Management(DCIM)

Market Segmentation by Tier Standard

  • Tier I and Tier II
  • Tier III
  • Tier IV

Market Segmentation by Geography

  • Iceland
  • Sweden
  • Denmark
  • Finland

List of Exhibits 

Exhibit 1               Segmentation of Data Center Market in Nordic

Exhibit 2               Key Geographies Definition

Exhibit 3               Market Size Calculation Approach 2018

Exhibit 4               Internet Growth in Nordics 2018

Exhibit 5               Pricing of Data Center Electricity in the Nordic Region (per kWh)

Exhibit 6               Data Center Site Selection Criteria and Weightage in Nordic Regions

Exhibit 7               Impact of Increasing Demand for Cloud Computing

Exhibit 8               Impact of Growing Hyperscale Colocation Providers Investment

Exhibit 9               Impact of Availability of Renewable Energy Sources

Exhibit 10             Impact of Free Cooling Facilitates Operating Data Centers at Low PUE

Exhibit 11             Impact of Tax Incentives and Availability of Data Center Site

Exhibit 12             Impact of Lack of Skilled Workforce

Exhibit 13             Impact of Procurement Cost of Efficient Infrastructure

Exhibit 14             Impact of Physical Security Constraints

Exhibit 15             Impact of Increasing Popularity of District Heating Concept

Exhibit 16             Impact of Growing Construction of Cryptocurrency Data Centers

Exhibit 17             Impact of Purchase of Land on Hyperscale Investment

Exhibit 18             Impact of Modular Data Center Deployment Will Increase

Exhibit 19             Nordic Data Center Market 2018–2024 ($ billion)

Exhibit 20             Nordic Data Center Market by Area 2018–2024 (Million Square Feet)

Exhibit 21             Nordic Data Center Market by Power Capacity 2018–2024 (MW)

Exhibit 22             Five Force Analysis 2018

Exhibit 23             Incremental Growth by Application 2018-2024

Exhibit 24             Nordic Data Center Market by Infrastructure

Exhibit 25             Market by Electrical Infrastructure in Nordic 2018–2024 ($ million)

Exhibit 26             Market in Nordic by Mechanical Infrastructure 2018–2024 ($ million)

Exhibit 27             Market in Nordic by General Construction 2018–2024 ($ million)

Exhibit 28             Incremental Growth by Electrical Infrastructure 2018-2024

Exhibit 29             UPS Market in Nordic 2018−2024 ($ million)

Exhibit 30             Data Center Generator Market in Nordic 2018−2024 ($ million)

Exhibit 31             Transfer Switches and Switchgears Market in Nordic 2018−2024 ($ million)

Exhibit 32             Rack PDU Market in Nordic 2018−2024 ($ million)

Exhibit 33             Market in Nordic by Other Electrical Infrastructure 2018−2024 ($ million)

Exhibit 34             Incremental Growth by Mechanical Infrastructure 2018-2024

Exhibit 35             Cooling Systems Market in Nordic 2018–2024 ($ million)

Exhibit 36             Nordic Data Center Market by Racks 2018–2024 ($ million)

Exhibit 37             Market in Nordic by Other Mechanical Infrastructure 2018–2024 ($ million)

Exhibit 38             Incremental Growth by Cooling Systems 2018-2024

Exhibit 39             Market in Nordic by CRAC and CRAH Units 2018–2024 ($ million)

Exhibit 40             Market in Nordic by Chiller Units 2018–2024 ($ million)

Exhibit 41             Market in Nordic by Cooling Towers and Dry Coolers 2018–2024 ($ million)

Exhibit 42             Market by Economizers and Evaporative Coolers 2018–2024 ($ million)

Exhibit 43             Market by Other Cooling Units 2018–2024 ($ million)

Exhibit 44             Incremental Growth by Cooling Techniques 2018-2024

Exhibit 45             Market in Nordic by Air-based Cooling Techniques 2018−2024 ($ million)

Exhibit 46             Market in Nordic by Water-based Cooling Technique 2018–2024 ($ million)

Exhibit 47             Incremental Growth by General Construction 2018-2024

Exhibit 48             Market in Nordic by Building Development 2018–2024 ($ million)

Exhibit 49             Market in Nordic by Installation and Commissioning Services 2018–2024 ($ million)

Exhibit 50             Data Center Construction in Nordic Market by Building Design 2018–2024 ($ million)

Exhibit 51             Market in Nordic by Physical Security 2018–2024 ($ million)

Exhibit 52             Market in Nordic by DCIM 2018–2024 ($ million)

Exhibit 53             Incremental Growth by Tier Standards 2018–2024

Exhibit 54             Market in Nordic by Tier I and Tier II Facilities 2018–2024 ($ million)

Exhibit 55             Market in Nordic by Tier III Facilities 2018–2024 ($ million)

Exhibit 56             Market in Nordic by Tier IV Facilities 2018−2024 ($ million)

Exhibit 57             Investment Incremental Growth by Geography 2018-2024

Exhibit 58             Area Investment Incremental Growth by Geography 2018-2024 (Million Square Feet)

Exhibit 59             Power Capacity Incremental Growth by Geography 2018-2024 (MW)

Exhibit 60             Market in Denmark 2018─2024 ($ million)

Exhibit 61             Market in Denmark by Area 2018─2024 (Million Square Feet)

Exhibit 62             Market in Denmark by Power Capacity 2018─2024 (MW)

Exhibit 63             Market in Denmark by Electrical Construction 2018─2024 ($million)

Exhibit 64             Market by Electrical Construction in Denmark 2018─2024 ($ million)

Exhibit 65             Market in Denmark by Mechanical Construction 2018─2024 ($ million)

Exhibit 66             Market by Mechanical Construction in Denmark 2018─2024 ($ million)

Exhibit 67             Market in Denmark by General Construction 2018─2024 ($ million)

Exhibit 68             Market by General Construction in Denmark 2018─2024 ($ million)

Exhibit 69             Market in Finland 2018─2024 ($ million)

Exhibit 70             Market in Finland by Area 2018─2024 (Million Square Feet)

Exhibit 71             Market in Finland by Power Capacity 2018─2024 (MW)

Exhibit 72             Market in Finland by Electrical Construction 2018─2024 ($million)

Exhibit 73             Market by Electrical Construction in Finland 2018─2024 ($ million)

Exhibit 74             Market in Finland by Mechanical Construction 2018─2024 ($ million)

Exhibit 75             Market by Mechanical Construction in Finland 2018─2024 ($ million)

Exhibit 76             Market in Finland by General Construction 2018─2024 ($ million)

Exhibit 77             Market by General construction in Finland 2018─2024 ($ million)

Exhibit 78             Market in Iceland 2018─2024 ($ million)

Exhibit 79             Market in Iceland by Area 2018─2024 (Million Square Feet)

Exhibit 80             Market in Iceland by Power Capacity 2018─2024 (MW)

Exhibit 81             Market in Iceland by Electrical Construction 2018─2024 ($million)

Exhibit 82             Market by Electrical Construction in Iceland 2018─2024 ($ million)

Exhibit 83             Market in Iceland by Mechanical Construction 2018─2024 ($ million)

Exhibit 84             Market by Mechanical Construction in Iceland 2018─2024 ($ million)

Exhibit 85             Market in Iceland by General Construction 2018─2024 ($ million)

Exhibit 86             Market by General construction in Iceland 2018─2024 ($ million)

Exhibit 87             Market in Norway 2018─2024 ($ million)

Exhibit 88             Market in Norway by Area 2018─2024 (Million Square Feet)

Exhibit 89             Market in Norway by Power Capacity 2018─2024 (MW)

Exhibit 90             Market in Norway by Electrical Construction 2018─2024 ($million)

Exhibit 91             Market by Electrical Construction in Norway 2018─2024 ($ million)

Exhibit 92             Market in Norway by Mechanical Construction 2018─2024 ($ million)

Exhibit 93             Market by Mechanical Construction in Norway 2018─2024 ($ million)

Exhibit 94             Market in Norway by General Construction 2018─2024 ($ million)

Exhibit 95             Market by General Construction in Norway by Services 2018─2024 ($ million)

Exhibit 96             Market in Sweden 2018─2024 ($ million)

Exhibit 97             Market in Sweden by Area 2018─2024 (Million Square Feet)

Exhibit 98             Market in Sweden by Power Capacity 2018─2024 (MW)

Exhibit 99             Market in Sweden by Electrical Infrastructure 2018─2024 ($million)

Exhibit 100          Market by Electrical Infrastructure in Sweden 2018─2024 ($ million)

Exhibit 101          Market in Sweden by Mechanical Infrastructure 2018─2024 ($ million)

Exhibit 102          Market by Mechanical Infrastructure in Sweden 2018─2024 ($ million)

Exhibit 103          Market in Sweden by General Construction 2018─2024 ($ million)

Exhibit 104          Market by General Construction in Sweden 2018─2024 ($ million)

               

List of Tables    

Table 1                  Key Caveats

Table 2                  Currency Conversion 2013−2018

Table 3                  ABB: Key Product Offerings

Table 4                  Eaton: Key Product Offering

Table 5                  Rittal: Key Product Offerings

Table 6                  Schneider Electric: Key Product Offerings

Table 7                  STULZ: Key Product Offerings

Table 8                  Vertiv: Key Product Offerings

Table 9                  Data Center Market in Nordic 2018─2024

Table 10               Nordic Data Center Market by Infrastructure 2018–2024 ($ billion)

Table 11               Market in Nordic by Electrical Infrastructure 2018–2024 ($ million)

Table 12               Nordic Data Center Market by Mechanical Infrastructure 2018─2024 ($ million)

Table 13               Market in Nordic by Cooling Systems 2018─2024 ($ million)

Table 14               Market in Nordic by Cooling Techniques 2018─2024 ($ million)

Table 15               Market in Nordic by General Construction 2018─2024 ($ million)

Table 16               Nordic Data Center Market by Tier Standards 2018─2024 ($ million)

Table 17               Market in Nordic by Regions 2018─2024 ($ million)

Table 18               Market in Nordic by Area 2018─2024 ($ million)

Table 19               Market in Nordic by Power Capacity 2018─2024 (MW)

Table 20               Market in Denmark 2018─2024

Table 21               Market in Denmark by Infrastructure 2018─2024 ($ million)

Table 22               Market in Denmark by Electrical Infrastructure 2018─2024 ($ million)

Table 23               Market in Denmark by Mechanical Infrastructure 2018─2024 ($ million)

Table 24               Market in Denmark by General Construction 2018─2024 ($ million)

Table 25               Market in Finland 2018─2024

Table 26               Market in Finland by Infrastructure 2018─2024 ($ million)

Table 27               Market in Finland by Electrical Infrastructure 2018─2024 ($ million)

Table 28               Market in Finland by Mechanical Infrastructure 2018─2024 ($ million)

Table 29               Market in Finland by General Construction 2018─2024 ($ million)

Table 30               Market in Iceland 2018─2024

Table 31               Market in Iceland by Infrastructure 2018─2024 ($ million)

Table 32               Market in Iceland by Electrical Infrastructure 2018─2024 ($ million)

Table 33               Market in Iceland by Mechanical Infrastructure 2018─2024 ($ million)

Table 34               Market in Iceland by General Construction 2018─2024 ($ million)

Table 35               Market in Norway 2018─2024

Table 36               Market in Norway by Infrastructure 2018─2024 ($ million)

Table 37               Market in Norway by Electrical Infrastructure 2018─2024 ($ million)

Table 38               Market in Norway by Mechanical Infrastructure 2018─2024 ($ million)

Table 39               Market in Norway by General Construction 2018─2024 ($ million)

Table 40               Market in Sweden 2018─2024

Table 41               Market in Sweden by Infrastructure 2018─2024 ($ million)

Table 42               Market in Sweden by Electrical Infrastructure 2018─2024 ($ million)

Table 43               Market in Sweden by Mechanical Infrastructure 2018─2024 ($ million)

Table 44               Market in Sweden by General Construction 2018─2024 ($ million)

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

4.4.1      Market Segmentation by Infrastructure

4.4.2      Market Segmentation by Electrical Infrastructure

4.4.3      Market Segmentation by Mechanical Infrastructure

4.4.4      Market Segmentation by Cooling Systems

4.4.5      Market Segmentation by General Construction

4.4.6      Market Segmentation by Tier Standards

4.4.7      Market Segmentation by Geography

 

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      Concept 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

9.3.1      Threat of New Entrants

9.3.2      Bargaining Power of Suppliers

9.3.3      Bargaining Power of Buyers

9.3.4      Threat of Substitutes

9.3.5      Competitive Rivalry

 

10           Nordic Data Center Market by Infrastructure

10.1        Market Snapshot & Growth Engine

10.1.1    Market Overview

10.2        Electrical Infrastructure

10.2.1    Market Overview

10.2.2    Market Size & Forecast

10.3        Mechanical Infrastructure

10.3.1    Market Overview

10.3.2    Market Size & Forecast

10.4        General Construction

10.4.1    Market Overview

10.4.2    Market Size & Forecast

 

11           Nordic Data Center Market by Electrical Infrastructure

11.1        Market Segment Snapshot and Growth Engine

11.2        Uninterruptible Power Supply (UPS)

11.2.1    Market Overview

11.2.2    Market Size & Forecast

11.3        Generators

11.3.1    Market Overview

11.3.2    Market Size & Forecast

11.4        Transfer Switches and Switchgear

11.4.1    Market Overview

11.4.2    Market Size & Forecast

11.5        Rack Power Distribution Unit (PDU)

11.5.1    Market Overview

11.5.2    Market Size & Forecast

11.6        Other Electrical Infrastructure

11.6.1    Market Overview

11.6.2    Market Size & Forecast

 

12           Nordic Data Center Market by Mechanical Infrastructure

12.1        Market Segment Snapshot and Growth Engine

12.2        Cooling Systems

12.2.1    Market Overview

12.2.2    Market Size & Forecast

12.3        Racks

12.3.1    Market Overview

12.3.2    Market Size & Forecast

12.4        Other Infrastructure

12.4.1    Market Overview

12.4.2    Market Size & Forecast

 

13           Nordic Data Center Market by Cooling Systems

13.1        Market Segment Snapshot & Growth Engine

13.2        CRAC AND CRAH Units

13.2.1    Market Overview

13.2.2    Market Size & Forecast

13.3        Chiller Units

13.3.1    Market Overview

13.3.2    Market Size & Forecast

13.4        Cooling Towers and Dry Coolers

13.4.1    Market Overview

13.4.2    Market Size & Forecast

13.5        Economizers and Evaporative Coolers

13.5.1    Market Overview

13.5.2    Market Size & Forecast

13.6        Other Cooling Units

13.6.1    Market Overview

13.6.2    Market Size & Forecast

 

14           Nordic Data Center Market by Cooling Technique

14.1        Market Segment Snapshot & Growth Engine

14.2        Air-Based Cooling Techniques

14.2.1    Market Size & Forecast

14.3        Water-Based Cooling Techniques

14.3.1    Market Size & Forecast

 

15           Nordic Data Center Market by General Construction

15.1        Market Segment Snapshot & Growth Engine

15.2        Building Development

15.2.1    Market Overview

15.2.2    Market Size & Forecast

15.3        Installation and Commissioning Services

15.3.1    Market Overview

15.3.2    Market Size & Forecast

15.4        Building Design

15.4.1    Market Overview

15.4.2    Market Size & Forecast

15.5        Physical Security

15.5.1    Market Overview

15.5.2    Market Size & Forecast

15.6        Data Center Infrastructure Management (DCIM)

15.6.1    Market Overview

15.6.2    Market Size & Forecast

 

16           Nordic Data Center Market by Tier Standards

16.1        Market segment Snapshot & Growth Engine

16.1.1    Overview of Tier Standards

16.2        Tier I & II

16.2.1    Market Overview

16.2.2    Market Size & Forecast

16.3        Tier III

16.3.1    Market Overview

16.3.2    Market Size & Forecast

16.4        Tier IV

16.4.1    Market Overview

16.4.2    Market Size & Forecast

 

17           Nordic Data Center Market by Geography

17.1        Market Snapshot & Growth Engine

17.2        Regional Snapshot & Growth Engine by Area

17.3        Regional Snapshot & Growth Engine by Power Capacity

 

18           Denmark

18.1        Market Overview

18.2        Market Size & Forecast by Investment

18.3        Market Size & Forecast by Area

18.4        Market Size & Forecast by Power Capacity

18.5        Market by Infrastructure

18.5.1    Electrical Infrastructure: Market Size & Forecast

18.5.2    Mechanical Infrastructure: Market Size & Forecast

18.5.3    General Construction: Market Size & Forecast

 

19           Finland

19.1        Market Overview

19.2        Market Size & Forecast by Investment

19.3        Market Size & Forecast by Area

19.4        Market Size & Forecast by Power Capacity

19.5        Market Size & Forecast by Infrastructure

19.5.1    Electrical Infrastructure: Market Size & Forecast

19.5.2    Mechanical Infrastructure: Market Size & Forecast

19.5.3    General Construction: Market Size & Forecast

 

20           Iceland

20.1        Market Overview

20.2        Market Size & Forecast by Investment

20.3        Market Size & Forecast by Area

20.4        Market Size & Forecast by Power Capacity

20.5        Market Size & Forecast by Infrastructure

20.5.1    Electrical Infrastructure: Market Size & Forecast

20.5.2    Mechanical Infrastructure: Market Size & Forecast

20.5.3    General Construction: Market Size & Forecast

 

21           Norway

21.1        Market Overview

21.2        Market Size & Forecast by Investment

21.3        Market Size & Forecast by Area

21.4        Market Size & Forecast by Power Capacity

21.5        Market Size & Forecast by Infrastructure

21.5.1    Electrical Infrastructure: Market Size & Forecast

21.5.2    Mechanical Infrastructure: Market Size & Forecast

21.5.3    General Construction: Market Size & Forecast

 

22           Sweden

22.1        Market Overview

22.2        Market Size & Forecast by Investment

22.3        Market Size & Forecast by Area

22.4        Market Size & Forecast by Power Capacity

22.5        Market by Infrastructure

22.5.1    Electrical Infrastructure: Market Size & Forecast

22.5.2    Mechanical Infrastructure: Market Size & Forecast

22.5.3    General Construction: Market Size & Forecast

 

23           Competitive Scenario

23.1        Electrical Infrastructure

23.2        Mechanical Infrastructure

23.3        General Construction

 

24           Key Data Center Construction Contractor

24.1        Aecom

24.1.1    Business Overview

24.1.2    Service offerings

24.2        DPR Construction

24.2.1    Business Overview

24.2.2    Service Offerings

24.3        HDR Architecture

24.3.1    Business Overview

24.3.2    Service Offerings

24.4        MACE Group

24.4.1    Business Overview

24.4.2    Service Offerings

24.5        Mercury Engineering

24.5.1    Business Overview

24.5.2    Service Offerings

24.6        NCC

24.6.1    Business Overview

24.6.2    Service Offerings

24.7        Skanska

24.7.1    Business Overview

24.7.2    Service Offerings

 

25           Key Data Center Infrastructure Provider

25.1        ABB

25.1.1    Business Overview

25.1.2    Product offerings

25.1.3    Key News

25.2        Eaton

25.2.1    Business Overview

25.2.2    Product Offerings

25.2.3    Key News

25.3        Rittal

25.3.1    Business Overview

25.3.2    Product Offerings

25.3.3    Key News

25.4        Schneider Electric

25.4.1    Business Overview

25.4.2    Product Offerings

25.4.3    Key News

25.5        Stulz

25.5.1    Business Overview

25.5.2    Product Offerings

25.5.3    Key News

25.6        Vertiv

25.6.1    Business Overview

25.6.2    Product Offerings

25.6.3    Key News

 

26           Key Data Center Investors

26.1        Amazon Web Service

26.1.1    Business Overview

26.1.2    Services Offering

26.1.3    Key News

26.2        Equinix

26.2.1    Business Overview

26.2.2    Service Offerings

26.3        Facebook

26.3.1    Business Overview

26.3.2    Service Offerings

26.3.3    Key News

26.4        Hydro66

26.4.1    Business Overview

26.4.2    Service Offerings

26.4.3    Key news

26.5        Interxion

26.5.1    Business Overview

26.5.2    Service Offerings

26.5.3    Key News

26.6        Microsoft

26.6.1    Business Overview

26.6.2    Product and Service Offerings

 

27           Other Prominent Construction Contractor

27.1        Arup Group

27.1.1    Business Overview

27.1.2    Service Offerings

27.2        AFEC International

27.2.1    Business Overview

27.2.2    Service Offerings

27.3        Bravida

27.3.1    Business Overview

27.3.2    Service Offerings

27.4        COWI

27.4.1    Business Overview

27.4.2    Service Offerings

27.5        Dornan

27.5.1    Business Overview

27.5.2    Service Offerings

27.6        Enaco

27.6.1    Business Overview

27.6.2    Service Offerings

27.7        Etix Everywhere

27.7.1    Business Overview

27.7.2    Products and Service Offerings

27.8        Flexenclosure

27.8.1    Business Overview

27.8.2    Products and Service Offerings

27.9        Granlund

27.9.1    Business Overview

27.9.2    Service Offerings

27.10     Kirby Group

27.10.1  Business overview

27.10.2  Service Offerings

27.11     MTH Group

27.11.1  Business Overview

27.11.2  Service Offerings

27.12     Ramboll

27.12.1  Business Overview

27.12.2  Service Offerings

27.13     Red Engineering

27.13.1  Business Overview

27.13.2  Service Offerings

27.14     Royal Haskoningdhv

27.14.1  Business Overview

27.14.2  Service Offerings

27.15     SRV Group

27.15.1  Business Overview

27.15.2  Service Offerings

27.16     SWECO

27.16.1  Business Overview

27.16.2  Service Offerings

 

28           Other Prominent Infrastructure Provider

28.1        Airedale Air Conditioning

28.1.1    Business Overview

28.1.2    Product Offerings

28.2        Alfa Laval

28.2.1    Business Overview

28.2.2    Product Offerings

28.3        Caterpillar

28.3.1    Business Overview

28.3.2    Product Offerings

28.3.3    Key News

28.4        Condair Group

28.4.1    Business Overview

28.4.2    Product Offerings

28.5        Cummins

28.5.1    Business Overview

28.5.2    Product Offerings

28.5.3    Key News

28.6        General Electric (GE)

28.6.1    Business Overview

28.6.2    Product Offerings

28.7        Hewlett Packard Enterprise (HPE)

28.7.1    Business Overview

28.7.2    Product Offerings

28.8        HUAWEI

28.8.1    Business Overview

28.8.2    Product Offerings

28.9        MTU Onsite Energy (Rolls-Royce Power Systems AG)

28.9.1    Business Overview

28.9.2    Product Offerings

28.10     Socomec

28.10.1  Business Overview

28.10.2  Product Offerings

28.11     Systemair AB

28.11.1  Business Overview

28.11.2  Product Offerings

28.12     Swegon

28.12.1  Business Overview

28.12.2  Product Offerings

28.13     Legrand

28.13.1  Business Overview

28.13.2  Product Offerings

28.14     KINOLT (EURO-DIESEL)

28.14.1  Business Overview

28.14.2  Product Offerings

 

29           Other Prominent Data Center Investors

29.1        Advania Data Centers

29.1.1    Business Overview

29.1.2    Service Offerings

29.2        Bahnhof

29.2.1    Business Overview

29.2.2    Service Offerings

29.3        Basefarm (Orange Group)

29.3.1    Business Overview

29.3.2    Service Offerings

29.3.3    Key News

29.4        Digiplex

29.4.1    Business Overview

29.4.2    Service Offerings

29.4.3    Key News

29.5        Fortlax

29.5.1    Business Overview

29.5.2    Service Offerings

29.5.3    Key News

29.6        Multigrid

29.6.1    Business Overview

29.6.2    Service Offerings

29.7        TIETO

29.7.1    Business Overview

29.7.2    Service Offerings

 

30           Report Summary

30.1        Key Takeaways

30.2        Strategic Recommendations

30.3        Quantitative Summary

30.3.1    Overall Market Size

30.3.2    Market by Infrastructure

30.3.3    Market by Electrical Infrastructure

30.3.4    Market by Mechanical Infrastructure

30.3.5    Market by Cooling Systems

30.3.6    Market by Cooling Techniques

30.3.7    Market by General Construction

30.3.8    Market by Tier Standards

30.3.9    Regional Market by Investments

30.3.10  Regional Market by Area

30.3.11  Regional Market by Power Capacity

30.3.12  Denmark Data Center Market

30.3.13  Denmark by Infrastructure

30.3.14  Denmark by Electrical Infrastructure

30.3.15  Denmark by Mechanical Infrastructure

30.3.16  Denmark by General Construction

30.3.17  Data Center Market in Finland

30.3.18  Finland by Infrastructure

30.3.19  Finland by Electrical Infrastructure

30.3.20  Finland by Mechanical Infrastructure

30.3.21  Finland by General Construction

30.3.22  Data Center Market in Iceland

30.3.23  Iceland by Infrastructure

30.3.24  Iceland by Electrical Infrastructure

30.3.25  Iceland by Mechanical Infrastructure

30.3.26  Iceland by General Construction

30.3.27  Data Center Market In Norway

30.3.28  Norway by Infrastructure

30.3.29  Norway by Electrical Infrastructure

30.3.30  Norway by Mechanical Infrastructure

30.3.31  Norway by General Construction

30.3.32  Data Center Market In Sweden

30.3.33  Sweden by Infrastructure

30.3.34  Sweden by Electrical Infrastructure

30.3.35  Sweden by Mechanical Infrastructure

30.3.36  Sweden by General Construction

 

31           Appendix

31.1        Abbreviations

               

 

Select a license type that suits your business needs

Single User Licence

$4000.00
  • Report accessible by one user only
  • Free 10% or 3 days of customization
  • Free post-sale service assistance
  • Continuous support through email

5 User Licence

$4500.00
  • Report accessible by 5 users within the organization
  • Free 15% or 4.5 days of customization
  • Continuous support through email and telephone
  • Free analyst hour
  • Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge

Corporate Licence

$5500.00
  • Free Datasheet worth $1500
  • Report accessible by the entire organization
  • Free 20% or 6 days of customization
  • Free post-sale service assistance
  • Continuous support through email and telephone
  • Direct access to lead analysts
  • Free analyst hour
  • Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge

Datasheet Licence

$2000.00
  • Report accessible by 1 user only
  • Free 15% or 32 hours of customization
  • Free post-sale service assistance
  • Direct access to lead analysts

Frequently Asked Questions

What is the market size and CAGR of the Nordic Data Center Market?

Nordic data center market size to reach USD 4.38 billion by 2024 growing at a cagr of over 7% during the forecast period.

What factors are driving the Nordic Data Center Market?

The district heating concept is gaining popularity among facility operators and local governments in the Nordic region. This concept involves the distribution of the heat generated in a centralized data center location through a network of insulated pipes for domestic heating purposes.

Who are the prominent Infrastructure Providers in the Nordic Data Center Market?

ABB,Eaton,Rittal,Schneider Electric,STULZ,Vertiv.