Data Center Rack Power Distribution Unit (PDU) Market to Grow at a CAGR of 11.40% during the Forecast Period 2023-2030
Data Center Rack Pdu market report studies the market status and forecast, categorizes the global market size (value & volume) by manufacturers, type, application, and region. The Report contains all the Market shares and approaches of key players in Data Center Rack Pdu Industry. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis.
A data center rack power distribution unit (PDU) is an electric device that distributes power to several electrical devices in a server room or data center. The devices connected to the power distribution unit PDU can include network switches, servers and other electronic devices. The importance of a power distribution unit (PDU) lies in its ability to deliver consistent and reliable power distribution across all electronic devices in the rack, confirming that each device gets the precise amount of power for optimal operation.
Data Bridge Market Research analyses that the data center rack power distribution unit (PDU) market is expected to reach USD 3.79 billion by 2030, which is USD 1.60 billion in 2022, at a CAGR of 11.40% during the forecast period of 2023-2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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The data center rack power distribution unit (PDU) market is expected to grow significantly during the forecast period. The growth of the targeted market can be attributed to the growing demand for data center infrastructure and increasing concerns regarding security and energy efficiency in data centers. Moreover, data center rack power distribution unit (PDU) plays an important role in maintaining and safeguarding secure digital infrastructure. This increasing shift the focus toward the importance of improved digital infrastructure, coupled with data centers rack power distribution unit (PDU), thus paving the way for the market growth.
Some of the major players operating in the data center rack power distribution unit (PDU) market are:
· Schneider Electric (France)
· Hewlett Packard Enterprise Development LP (India)
· Fujitsu (Japan)
· Vertiv Group Corp. (U.S.)
· Eaton (Ireland)
· Rittal GmbH & Co. KG (Germany)
· Black Box (U.S.)
· Schleifenbauer (Netherlands)
· Cisco Systems Inc. (U.S.)
· Enlogic (U.S.)
· Digipower Manufacturing Inc. (Taiwan)
· Crenlo Engineered Cabs (U.S.)
· Delta Power Solutions (Taiwan)
· Austin Hughes Electronics Ltd (China)
· ATEN INTERNATIONAL Co., Ltd. (Taiwan)
· Cyber Power Systems (USA), Inc. (U.S.)
Global Data Center Rack Pdu Market Breakdown:
Rack Power Distribution Unit (PDU) Type
· Basic
· Metered
· Monitored and Managed/ Switched
Product
· Intelligent Rack Power Distribution Unit (PDU)
· Non-Intelligent Rack Power Distribution Unit (PDU)
· Metered
· Switched
Data Center Type
· Colocation
· Hosting
· Others
Application
· Electric Power Industry
· Others
Data Center Rack Power Distribution Unit (PDU) Market Regional Analysis/Insights
The data center rack power distribution unit (PDU) market is analyzed and market size insights and trends are provided by country, rack power distribution unit (PDU) type, product and data center type as referenced above.
The countries covered in the data center rack power distribution unit (PDU) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the data center rack power distribution unit (PDU) market in terms of revenue and market share due to the rise in the number of data centers, strong presence of major players in this region. Furthermore, increasing adoption of innovative and improved technologies will further enhance market growth in this region.
Asia-Pacific will continue to project the highest compound annual growth rate during the forecast period of 2023-2030 due to rising penetration of internet in this region. Furthermore, increasing adoption of advanced technologies such internet of things, as artificial intelligence, big data analytics will also act as important market growth determinants in this region.
Drivers
· Increasing usage of data center rack power distribution unit (PDU) in electric power industry
The demand for the data center rack power distribution unit (PDU) increases in electric power industry rapidly. The growth can be attributed to growing demand for IT services and infrastructure from numerous industries such as government, financial services and healthcare. Furthermore, increasing demand for high-speed networks is also a major factor that is expected to drive data centers toward adopting distributed IT architecture, which will surge product demand during the forecast period.
· Rising demand for non-intelligent rack power distribution units (PDU)
The non-intelligent rack power distribution units used for only input load monitoring and power distribution functionalities. Factors such as augmented demand for power and load monitoring capabilities in due to cost-effectiveness in data centers are anticipated to increase growth fate of the market over the forecast period. Moreover, these power distribution units fulfill the needs of numerous data centers because they precisely distribute voltage and current within the IT infrastructure.
Opportunities
· Growing demand for technologically advanced products and systems
Modern data center needs technologically advanced systems and products that fulfill the market requirements and needs related to reliability, capability, and quality. Many organizations are developing those products which can manage power consumption efficiently and surge energy effectiveness, considering the increase in power usage. Moreover, the increasing need for improved network infrastructure at both ends has led toward deploying fiber optic lines on the top of existing copper wires resulting in augmented bandwidth among end users globally which is anticipated to boost the growth of the global data center rack power distribution unit (PDU) market during the forecast period significantly.
Restraints
· Disadvantages associated with data center rack power distribution unit (PDU) Market
High prices associated with the technology will act as a major restraint for the growth of the data center rack power distribution unit (PDU) market. Furthermore, strong presence of low price alternatives will further hamper the data center rack power distribution unit (PDU) market growth. Also, complications related to the construction of data centers will also disrupt the market growth rate.
This data center rack power distribution unit (PDU) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the data center rack power distribution unit (PDU) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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The report clarifies the following uncertainties related to the Data Center Rack Pdu market:
What are the various factors that are likely to impact the growth of the Data Center Rack Pdu market?
How are market players expanding their footprint in the Data Center Rack Pdu market?
What is the most notable trend that is currently influencing the dynamics of the Data Center Rack Pdu market?
Who are the leading players operating in the Data Center Rack Pdu market?
Which regional market is likely to present a plethora of opportunities for market players in the Data Center Rack Pdu ?
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