Dublin, Jan. 16, 2024 (GLOBE NEWSWIRE) -- The "Intelligent PDU Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F" report has been added to ResearchAndMarkets.com's offering.
Robust Expansion of Intelligent Power Distribution Units Forecasted Through 2028 Driven by Increasing Data Center Infrastructures and Cloud Computing Adoption
The latest industry trends indicate a steep trajectory for the Global Intelligent Power Distribution Unit (PDU) Market, culminating in a projected compound annual growth rate of 8.93% through 2028. As outlined in this research report, the market, valued at USD 3.59 billion in 2022, is responding to an array of critical drivers, including escalating data center demands and the advancement of edge computing technologies.
Key Market Drivers: Data Centers and Cloud Services Underpin Market Surge
Integral to the sustained growth of the Intelligent PDU Market is the burgeoning data center sector, responsible for substantial energy consumption and management within digital economies. These facilities are pivotal in powering major applications across industries, leveraging Intelligent PDUs for optimal energy usage and uptime reliability. The surge in cloud computing continues to amplify the need for intelligent PDUs, as Cloud Service Providers (CSPs) seek to efficiently manage an expanding data center footprint. Detailed power usage analytics provided by intelligent PDUs enable CSPs to offer precise billing and resource allocation, bolstering the sustainability of cloud-based services.
Intelligent PDUs: Enhancing Edge Computing and Sustainability Initiatives
Adoption of intelligent PDUs is also influenced by the growth of edge computing. Key applications reliant on reduced latency and improved real-time data processing, such as smart manufacturing and healthcare, are increasingly turning to intelligent PDUs for advanced power management and remote operational capabilities. Energy efficiency remains a prime focus within the industry. Progressive intelligent PDUs align with green data center strategies, assisting in the measurement of energy efficiency metrics and supporting the integration of renewable energy resources.
Telecom & IT Sector Leads End-use Industry Adoption
The Telecom & IT industry emerges as an end-use sector with significant Intelligent PDU Market engagement. Due to the critical nature of data center reliability and compliance with stringent regulatory standards, telecom companies and IT service providers actively invest in intelligent PDUs to secure robust power infrastructures.
North America Dominates Regional Market Insights
North America maintains a leading position within the Intelligent PDU Market based on the clustering of data centers and the acceleration of technological innovation. Ensuring compliance with regional energy efficiency regulations is a primary concern for organizations in this area, further reinforcing the importance of intelligent PDUs.
Industry Segmentation and Future Outlook
Analyses are segmented by PDU type, including metered, monitored, and automatic transfer switches, along with bifurcation by power phase into single-phase and three-phase products. The application scope spans across medium and high voltage, with a special focus on offshore wind power generation and inter-country connections. The market outlook remains dynamic, as innovative disruptions within the Telecom & IT sector and the transformative landscape of cloud computing continue to propel the Intelligent PDU Market forward. The adoption of intelligent PDUs stands as a testament to the industry's commitment towards progressive power management solutions, thereby ensuring operational efficiency and environmental sustainability.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 190 |
| Forecast Period | 2023-2028 |
| Estimated Market Value (USD) in 2023 | $3.59 billion |
| Forecasted Market Value (USD) by 2028 | $6.05 Billion |
| Compound Annual Growth Rate | 8.9% |
| Regions Covered | Global |
A selection of companies mentioned in this report includes:
- Eaton Corporation plc
- Schneider Electric SE
- Vertiv Group Corp.
- Cyber Power Systems, Inc.
- Raritan Inc.
- Server Technology, Inc.
- Black Box Corporation
- Emerson Electric Co.
- ABB Ltd.
- Fujitsu Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/48vga7
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
