Power Distribution Unit Market

According to Stratistics MRC, the Global Power Distribution Unit Market is accounted for $3.96 billion in 2022 and is expected to reach $9.57 billion by 2028 growing at a CAGR of 15.8% during the forecast period. The power distribution unit (PDU) is in charge of providing various devices with dependable network power. It cannot produce electricity and does not serve as a backup power source, but it can supply AC or DC power from a UPS, a generator, or utility power to remote equipment. The power distribution unit is portable, easy to move, and adaptable to future data centre reorganisations. The PDU offers improved power protection and monitoring in addition to the adaptability and scalability to handle different power distribution requirements. It not only expands availability but also brings down the price of the initial investment.

According to CBRE, a US-based commercial real estate services and investment company's North American Data Center Trends Report, in 2021, 493.4 megawatts (MW) of net absorption of data center space were observed in the seven major U.S. markets, a 50% increase from 2020.



Market Dynamics:

Driver:

Increasing number of data centers

Data centres are the primary application segment for power distribution units. Due to developments like a billion more people becoming online in developing nations, the Internet of Things (IoT), automation in the automobile industry, robotics, and artificial intelligence, data centres will continue to expand (AI). It is anticipated that 175 zettabytes of data will be produced. Companies like Google, Amazon, and Microsoft are all building their data centres in areas like North America and Asia Pacific to meet the rising demand.

Restraint:

Space constraints in old data center leading to heating up of spaces

Power distribution in conventional systems was reliant on an AC power source or batteries. The management of the power distribution in these facilities has gotten complicated due to the rising and inevitable trend of processing more data. Another trend that calls for room for servers and other computing hardware is the collocation of data centres. When traditional data centres are upgraded, additional servers and applications are needed. As these applications expand, there are physical space limitations and a lack of adequate room infrastructure.

Opportunity:

Strong growth from enterprises shift towards cloud applications

Cloud computing, networking, and storage infrastructure, as well as cloud-native applications, are popular across many industry sectors. The demand for cloud-based applications is expanding along with the requirement for a totally linked world through cloud computing platforms. For data storage, computing, and information management, data centres must still be built and data warehousing must be implemented. Nevertheless, moving data back and forth from a centralised data centre system is expensive and time-consuming. The growth patterns demonstrate the quick end-user adoption of cloud-based applications.

Threat:

Integration of old power distribution units

Next-generation apps and modern IT infrastructure are required in commercial spaces by the heavy work industries in order to cut operational costs. It is difficult and risky to retrofit DCIM into an operational data centre. Furthermore, such platforms are not widely accepted in developing nations. The installation of smart power distribution units in the current infrastructure raises significant concerns due to the lengthy payback period. In some instances, the information is also restricted to extremely particular applications. As a result, the investments required to completely modernise smart power distribution units are rather large, which presents a barrier to the market's expansion.

Covid-19 Impact

The COVID-19 outbreak severely hurt both emerging and developed economies and halted the expansion plans of numerous businesses and private companies aiming to improve their data centre ecosystem. In addition, sudden and unforeseen lockdowns, restrictions on cross-border trade, and various import-export regulations made it difficult for multinational corporations to maintain the supply of their products in various regions. The suppliers and traders also took a pessimistic stance, which had a significant negative impact on the market's growth.

The switched PDUs segment is expected to be the largest during the forecast period

The switched PDUs segment is estimated to have a lucrative growth. Switched PDUs have features including lights-out management of a data centre or remote branch office, remote monitoring and management, orders for rebooting linked servers and network equipment, and complete lights-out management. Moreover, switched PDUs have the ability to assign particular access permissions to particular outlets or groups and can receive SNMP warnings. Power requirements for high-amperage and high-voltage branch circuit protection can be met by these. These elements have increased the popularity of switched PDUs.

The telecom & IT segment is expected to have the highest CAGR during the forecast period

The telecom & IT segment is anticipated to witness the fastest CAGR growth during the forecast period. Companies that deal with internet services, telephone lines, cloud computing, and data centres make up the telecom and IT sector. The telecom sector has undergone a rapid evolution due to technological advancements and lightning-fast innovation. The telecom business is under a lot of strain from fierce competition, picky clients, developing technology, regulatory obstacles, and declining margins. The expansion of the mobile device market is what is fueling the expansion of the global telecommunications sector.

Region with highest share:

North America is projected to hold the largest market share during the forecast period owing to owing to a sharp rise in virtual data centres. The demand is also predicted to increase noticeably in North America as a result of considerable investments being made in energy distribution units across several data centres.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the rising awareness of cloud computing in developing nations like China and India. The market expansion is expected to be accelerated by the rise in power distribution unit installations intended to reduce energy waste and the rise in concerns regarding energy stability for uninterrupted commercial operations.



Key players in the market

Some of the key players profiled in the Power Distribution Unit Market include ABB Ltd, APC by Schneider Electric, Leviton Manufacturing Co. Inc, Tripp Lite, Eaton Corporation PLC, Cisco Systems Inc, Data Center Infrastructure, Schneider Electric SE, Hewlett Packard Enterprise, Vertiv Group Corp, Siemens AG, Server Technology Inc., Socomec, Legrand, Panduit, Cyber Power Systems, Raritan Inc, Delta Electronics, Hammond Manufacturing Co. Ltd and Enlogic.

Key Developments:

In April 2022, Cisco International Limited (US) and Telenor ASA (Norway) enhanced their relationship by signing the fourth iteration of their Joint Purpose Agreement (JPA) to empower societies through a better and more secure internet. The companies affirmed their shared values that focus on sustainability and commitment to building the internet for the future to address the digital divide and empower youth with digital skills and safe connectivity.

In January 2022, Eaton and Samsung formed a new partnership to extend the home energy management and monitoring capabilities of Samsung’s SmartThings Energy platform. Eaton will integrate its smart circuit breaker technology into the SmartThings ecosystem, enabling homeowners to use data from connected devices throughout the home to better use energy.

In September 2021, Schneider Electric (France) and the University of Birmingham Dubai have built a green, energy-efficient data center at its new campus for the benefit of students and academics.

Types Covered:
• Metered
• Switched
• Basic
• Intelligent
• Other Types

Power Phases Covered:
• Single Phase
• Triple Phase

Power Ratings Covered:
• Up to 120 V
• 120-240 V
• 240-400 V
• Above 400 V

Distribution Channels Covered:
• Online
• Offline

Applications Covered:
• Datacenters
• Commercial Application
• Laboratories
• Other Applications

End Users Covered:
• Healthcare
• IT & telecom
• Banking, Financial Services and Insurance (BFSI)
• Government & Defense
• Education
• Retail
• Utilities
• Transportation
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances