A Growing Market
AI adoption, cloudification, big data generation and IoT are moving rapidly and trigger a significant growth in data center supply. According to Grand View Research’s report, the U.S. data center market size was valued at $50.76 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 10.7% from 2023 to 2030.
- Energy useexpected to double by 2030
- SitesOver 5,600 data centers in North America
Surging Energy Use
Data center power consumption is projected to double by 2030, reaching 9% of the nation’s electricity generation. The US currently has 30 Gigawatt (GW) of data center capacity and will add another 50 GW by 2030, bringing the total capacity to 80 GW. To put this in perspective, 50 GW is equivalent to 50 nuclear power plants, each rated at 1 GW. This surge will require substantial investments in new power generation and transmission infrastructure, potentially reaching 50 GW by 2030 (50 equivalent of 50 1,000 MW nuclear units).
A Similar Growth Dynamic in Canada
Similarly in Canada, the data center market is increasing rapidly, doubling its size to reach $22.24 billion by 2030, at a CAGR of 11.7% from 2024 to 2030.
Challenges to overcome
Despite this momentum, several uncertainties remain: land scarcity in certain regions, specialized labor, long lead times for power and utilities, supply of semiconductors & other IT equipment and challenges related to cooling technologies.
Equans North America: A Committed Industry Player
These market trends allow Equans North America to play a key role, with proven solutions already in place:
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Plan Group recently won a large multitrade data center project in Cambridge, in the Canadian province of Ontario
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Systecon has a long history of serving the data center sector through its modular approach and was awarded nearly 15 projects in the past 12 months
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As part of MEP Services, H.T. Lyons has supported over ten clients in the past year, delivering both maintenance and installation solutions
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Conti was recently awarded a major data center project in Ohio, valued at $70 million. The facility will deliver 200 megawatts of capacity and cover 66,000 square feet
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Equans Services delivers end-to-end data center solutions from multi-technical services and mission critical compliant maintenance to AI-driven remote monitoring and energy optimization, ensuring 99.9% uptime while reducing operational costs and carbon footprint across mission-critical infrastructure
Our other entities, such as Unity Electric and Conti, are currently expanding internal capabilities, including prefabrication, to meet growing market demand.
Prefabrication has emerged a game-changing approach for optimizing data center construction, offering benefits in time-to-market, scalability and cost-efficiency.
For more information about our data center capabilities, contact us via our online form.
