Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.84 Billion | USD 11.54 Billion | 12.99% | 2023 |
According to the report published by Zion Market Research, the global Power Distribution Unit Market size was valued at USD 3.84 Billion in 2023 and is predicted to reach USD 11.54 Billion by the end of 2032. The market is expected to grow with a CAGR of 12.99% during the forecast period. The report analyzes the global Power Distribution Unit Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Power Distribution Uni industry.
In a data center, the device used to control electrical power is coined as a power distribution unit (PDU). Within a data center, the PDU manages and distributes electricity supply to servers, computers, and other networking devices. A PDU has numerous sources of integrated power outputs. Each of the power sockets can be directly connected with a networking or computing device. Most of the data centers have to face challenges in management solution and power protection. Thus, to enhance the growth, uptime, and efficiency, the data centers are dependent on PDU monitoring.
The rise in need for power-efficient solutions, growing concerns regarding continuous power supply, increase in several power distribution units to minimize the energy losses are some of the key features that are fostering the growth of the global power distribution unit market. PDU is a simple assembly with a compact design and is suitable for individual installation. They also offer consistent protection against any unauthorized access as it covers the outputs that are not required. In addition to this, there is a huge demand for rack power distribution unit (rack PDU) due to their wide range of benefits. At the individual outlet, it enables to control & monitor the power, during an emergency power outage shuts down the power remotely, distribute power safely & effectively, or switch power on & off.
The rack PDU also improves the reliability of IT installation, measure energy usage, helps to cut cooling costs, simplify the administration of the power system, and much more. All these factors are resulting in the significant growth of the market as there is a rise in demand for power distribution units due to its numerous advantages offered to the data centers. Moreover, factors such as a rise in the number of data centers and a rise in investment in IT solutions are also spurring the growth of the global market. Furthermore, an increase in the use of cloud-based applications will fuel the growth of the global power distribution unit market over the forecast period. However, complexity related to servers of the data center may restrain the growth of the global power distribution unit market.
The pandemic of Covid-19 has resulted in a substantial drop in the economy by severely affecting every business sector. To control the rapidly spreading coronavirus, the government of several countries implemented strict lockdown in the country and also enforced restrictions on movement. Thus, the decline in the demand for power distribution units was observed from some of its major end-users including the automotive, manufacturing, telecom, and IT sector. Thus, the global power distribution unit market experienced a slow growth rate in the pandemic situation.
The global power distribution unit market is classified based on phase, type, distribution channel, power rating, end-user, and region.
Based on the phase, the global power distribution unit market is split into single-phase and three-phase. Based on the type, the global market is divided into monitored, basic, switched, metered, automatic transfer switch, and others.
Based on the distribution channel, the global market is bifurcated into online and offline.
The power rating segment is categorized into up to 120V, 120V-240V, 240V-400V, and above 400V.
Based on the end-user, the market is classified into BFSI, healthcare, telecom & IT, energy, data centers, government & defense, manufacturing, automotive, and others.
Report Attributes | Report Details |
---|---|
Report Name | Power Distribution Unit Market |
Market Size in 2023 | USD 3.84 Billion |
Market Forecast in 2032 | USD 11.54 Billion |
Growth Rate | CAGR of 12.99% |
Number of Pages | 202 |
Key Companies Covered | Cisco Systems, Inc., Enlogic Systems LLC., CyberPower Systems, Inc., Eaton Corporation PLC, Enlogic Systems LLC., Leviton Manufacturing Company, Inc., ABB Ltd, Schneider Electric SE, Tripp Lite, and Hewlett Packard Enterprise |
Segments Covered | By phase, type, By distribution channel, By power rating, By end-user and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is anticipated to contribute to maximum share in terms of revenue in the global power distribution unit market during the forecast period. Factors such as a huge volume of data generated, the presence of a large number of data centers, and highly equipped IT infrastructure are propelling the growth of the market in this region. Europe is also anticipated to witness significant growth in the market due to heavy investments in the cloud-based application and growing demand for PDU to lower the energy losses. On the other hand, the market in the Asia Pacific region is expected to rise with the highest CAGR. This is due to the rise in concerns related to the continuous power supply, increase in digitalization, growing demand for PDU from BFSI, and rising need for power-efficient solutions.
are some of the key players operating in the global power distribution unit market.
The Global Power Distribution Unit Market is segmented as follows:
By phase
By type
By distribution channel
By power rating
By end-user
FrequentlyAsked Questions
The rise in need for power-efficient solutions, growing concerns regarding continuous power supply, increase in several power distribution units to minimize the energy losses are some of the key features that are fostering the growth of the global power distribution unit market. Furthermore, an increase in the use of cloud-based applications will fuel the growth of the global power distribution unit market over the forecast period.
Cisco Systems, Inc., Enlogic Systems LLC., CyberPower Systems, Inc., Eaton Corporation PLC, Enlogic Systems LLC., Leviton Manufacturing Company, Inc., ABB Ltd, Schneider Electric SE, Tripp Lite, and Hewlett Packard Enterprise are some of the key players operating in the global power distribution unit market.
North America is anticipated to contribute to maximum share in terms of revenue in the global power distribution unit market during the forecast period. Factors such as a huge volume of data generated, the presence of a large number of data centers, and highly-equipped IT infrastructure are propelling the growth of the market in this region.
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