Global Power Distribution Unit Market – Snapshot
According to a new market report published by Transparency Market Research titled “Power Distribution Unit Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,” the global power distribution unit market is expected to reach US$3,359.0 Mn by 2026, expanding at a CAGR of 6.2% from 2018 to 2026. North America held a prominent share of the power distribution unit market in 2017 and is projected to be at the forefront of global demand. Also, the Asia Pacific power distribution unit market is expected to expand at a significant CAGR.
Power distribution units (PDUs) are designed to supply electric power to computers and other networking equipment in data centers. They have multiple outputs and are capable of measuring and controlling the amount of power being distributed. PDU models with high amperage plugs offer multiple low amperage outlets from high amperage outlets. They are installed primarily to ensure reliable distribution of power to multiple devices from a UPS (uninterruptible power source), generator, or utility source. With the increase in number of data centers, carbon emissions and power consumption is also expected to increase substantially. To adhere to environmental regulations, constant monitoring of power consumption is expected to become a necessity. Modern power distribution units with innovative features are expected to help data centers in such situations. Modern PDUs including the intelligent PDUs provide increased uptime, capacity planning, reducing power consumption, real time data collection, and remote monitoring, thereby reducing costs. Rise in data volume leading to increasing demand for data centers is a major driver helping in the growth of the global power distribution unit market.
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Intelligent/ Monitored PDU solution segment to expand rapidly during the forecast period
By type, the power distribution unit market has been segmented into basic PDU, intelligent/ monitored PDU, metered PDU, and switched PDU solution. Intelligent/ monitored PDU is expected to be the fastest growing segment during the forecast period. There is a significant rise in the implementation and deployment of intelligent/ monitored PDU due to its advantages over basic PDU such as network grade power distribution, remote/local monitoring, and outlet control. On the basis of power phase, the global power distribution unit market is segmented into single phase and triple phase. By application, data center led the global power distribution unit market. This growth is mainly attributed to the growing adoption of intelligent PDUs within data centers. Also, as the number of data centers continues to rise, demand for power distribution units within data center racks is expected to grow. On the basis of distribution channel, the market is segmented into offline and online modes. Offline distribution channel is expected to hold the largest market share by 2026. By industry, the power distribution unit market is segmented into data center, telecom & IT, BFSI, healthcare, government, education, retail, utilities, military & defense, and others.
North America expected to hold a substantial share in the overall market
Based on geography, the global power distribution unit market has been divided into North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to hold a prominent share and account for more than 40% of the global market in 2026, followed by Europe. The U.S. power distribution unit market accounted for the largest share compared to the Canada market due to greater spending on IT solutions in the region. In Europe, the rising cloud spending by enterprises of countries such as the U.K., Germany, and France is observed to be one of the major reasons for massive PDU adoption in Europe. As a part of the strategy, several vendors are investing in tools development specific to a particular application and are focused on new product developments, partnerships, and mergers and acquisitions in order to increase geographical reach in the global power distribution unit market.
Major players operating in the global power distribution unit market include Schneider Electric SE, Eaton Corporation PLC, ABB Ltd., Cisco Systems, Inc., CyberPower Systems, Inc., Tripp Lite, Leviton Manufacturing Company, Inc., Enlogic Systems LLC., and Legrand SA. These players are focusing on acquisitions and new strategic collaborations in order to increase their market share in the global power distribution unit market.
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Power Distribution Unit Market: Overview
Increasing number of data centers in all worldwide locations is estimated to drive promising expansion opportunities in the global power distribution unit market in the forthcoming years. Power distribution unit refers to a device that is fixed with many outputs for the distribution of electric power, specifically to racks of networking equipment and computers a data center. These devices hold capability to measure and control the amount of power to be distributed.
Power distribution unit models comprising high levels of amperage plugs can provide manifold low amperage outlets from high amperage outlets. The main motive of installing these models is ensuring dependable power distribution toward many devices from a generator, utility source, or uninterruptible power source (UPS).
While the number of data centers is expected to increase in the forthcoming years, the possibility of growth in power consumption and carbon emissions will grow significantly. As a result, the need to monitor power consumption constantly and follow the environmental regulations will increase accordingly. Thus, data centers from all worldwide locations are expected to increase the demand for advanced power distribution units with modern features. This factor is likely to generate promising expansion opportunities in the global power distribution unit market in the upcoming years.
Advanced power distribution units such as the intelligent power distribution units are gaining traction owing to their ability to deliver improved uptime, capacity planning, decreasing power consumption, real time data gathering, and remote monitoring. Substantial growth in data volume worldwide has resulted into growing demand for data centers. This scenario is working as a big positive for the growth of the global power distribution unit market.
Major players working in the global power distribution unit market are increasing efforts to maintain leading market position. Some enterprises in the market for power distribution unit are focused on using the strategy of mergers, acquisitions, partnerships, and collaborations. On the back of these events, the global power distribution unit market is foreseen to gain promising expansion rate in the years to come.