MAHARASHTRA, India, Sept. 17, 2019 (GLOBE NEWSWIRE) -- via NetworkWire -- In 2018, Siemens invested around US$ 530 million in the research and development of its data centers for ensuring effective power supply. This will fuel demand for power distribution units, thus creating growth opportunities for the global power distribution unit market between 2018 and 2026. According to a published report by Fortune Business Insights, titled, “Power Distribution Unit (PDU) Market: Global Market Analysis, Insights and Forecast, 2018-2026,” the global Power Distribution Unit Market was worth US$ 2,381.5 million in 2018 and is anticipated to reach US$ 3,961.6 million by 2026. With the trend of virtualization and cloud computing, the market for power distribution unit is projected to see a healthy CAGR of 6.7% through the forecast years. The rising awareness about cloud computing across the world is expected to foster the power distribution unit market growth.
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Intelligent Power Distribution Units to Witness Highest Demand
Growing demand for smart and technological PDUs is promoting the growth of intelligent power distribution systems. Companies are looking for green data centers which can offer real-time data collection and reduce cost. This is where intelligent PDUs come into existence as they help to improve capacity planning and increase uptime. For instance, HP’s Intelligent PDU has the above-mentioned features. Some of the other features of intelligent PDUs include power metering, remote outlet control, and environmental monitoring. The demand for power distribution units is expected to be the highest in the commercial sector. The demand is ascribable to the growing infrastructural developments in this sector, especially in emerging nations. For instance, Marway Power System provides PDUs to aerospace, defense, and military applications. This will further stimulate the power distribution unit market size.
Microsoft Plans to Build New Data Centers, thereby Stoking Demand for PDUs in North America
Eaton Corporation has introduced a new power distribution unit platform in North America. This platform is enabled with G3 technology and has a high-density rack which is ideal for high power environments. Among regions, North America is expected to witness great growth potential in the global market during the forecast period. Another company called Microsoft is planning to develop a new data center in North America, resulting in the rise of power distribution unit market demand.
The market in Europe is expected to grow at a considerable rate over the projected horizon. The growth is primarily driven by the rising investments from telecommunication providers in the cloud and the internet. This, in turn, stokes demand for PDUs in Europe. A data center operator in Europe called EdgeConnex is planning to expand its geographical presence in countries such as Munich, Amsterdam, and Dublin. The company plans to manage and control power consumption throughout the region. This will further improve the power distribution unit market share.
Apart from North America and Europe, APAC is also estimated to be the fastest growing region in the global power distribution unit market. Several key players are planning to invest in countries such as China, South Korea, and India, hence spurring the power distribution unit market revenue.
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Raritan's New Data Centers to Monitor Airflow, Cabinet Temperature, and Humidity
“The most widely used power distribution unit is basic PDU as these are easy to install and provide better reliability in data centers,” said a lead analyst at Fortune Business Insights. On the other hand, metered PDU is gaining attention as they help to determine the circuit capacity and power usage in the rack PDU. As per the report, metered PDU covered a share of 24.1% in the global PDU market in 2018.
The report profiles some of the leading players in the global power distribution unit market. These include Schneider Electric SE, ABB Ltd., Eaton Corporation PLC, Cisco Systems Inc., APC by Schneider Electric, Vertiv Group Corp., Leviton Manufacturing Co. Inc., Hewlett Packard Enterprise, Raritan Inc., Server Technology Inc., Siemens AG, and Tripp Lite. Companies are heavenly investing in research and development of power distribution units to launch innovative and smart data centers. A subsidiary of Legrand called Raritan announced the introduction of new monitoring sensors in January 2019. These sensors are for data center operators to effectively monitor airflow, humidity, cabinet temperature, air pressure, and detect any water leaks.
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Table of Contents:
- Introduction
- Definition, By Segment
- Research Approach
- Sources
- Executive Summary
- Market Dynamics
- Drivers, Restraints and Opportunities
- Emerging Trends
- Key Insights
- Macro and Micro Economic Indicators
- Consolidated SWOT Analysis of Key Players
- Porter’s Five Forces Analysis
- Global Power Distribution Unit (PDU) Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Size Estimates and Forecasts
- By Type (Value and Volume)
- Basic PDU
- Metered PDU
- Switched PDU
- Intelligent PDU
- Others
- By Power Phase (Value)
- Single Phase
- Triple Phase
- By Application (Value)
- Data-centers
- Laboratories
- Commercial Application
- Others
- By Geography (Value)
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
- By Type (Value and Volume)
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