Power Distribution Unit Market by Type, Application, Power Phase, Distribution Channel, Industry & Region - Forecast 2022 - 2032
The global power distribution unit market is estimated at US$ 4 Billion while recording a CAGR of 4.6% during the forecast period. The market is expected to hold a value of US$ 2.6 Billion in 2022. The growth of the market can be attributed to the increasing demand for data center monitoring solutions, benefitting the market during the forecast period.
The upsurge in the amount of data across the globe is projected to be a potential factor augmenting the market in the assessment period. Also, the participation of players will play an important role in developing the market in the forthcoming tenure. For instance, Equinix and GIC announced a partnership to build xScale data centers across various nations, including countries in Europe, Singapore, and South Korea.
With an increasing preference for AI-based PDUs, the market is set to witness it as a remunerative opportunity in the forecast period. Also, with the growing number of SMEs across the globe, especially in developing countries, the market is projected to burgeon significantly. For instance, in November 2020, Amazon Web Services (AWS) made an investment of US$ 2.8 Billion to establish a new AWS Cloud in Telangana, India. On the contrary, high costs associated with the installation of PDUs, along with space constraints and complicated wiring systems with the increasing number of power distribution units can hamper the market growth in the coming time.
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Key Takeaways from the Market Study
· The triple-phase segment to expand at a CAGR of 6.5% during the forecast period
· The data center segment to exhibit a growth rate of 4.1% from 2022- to 2032
· The market in the U.S to garner US$ 1.3 billion by 2032
· Market in the U.K to value US$ 296 million during the forecast period
· India to exhibit a CAGR of 5.4% from 2022-to 2032
· The Chinese market to secure US$ 308.1 million by 2032
· Industry in Japan to record a CAGR of 5.1% from 2022- to 2032
“With rising initiatives from the government of developing economies such as; India, the market is expected to witness significant growth in the forecast period. Also, with the increasing number of data centers with rising power distribution unit
installation across the globe, the industry will experience a notable rise in the forthcoming period.”
Competitive Analysis
Key players in the global power distribution unit market include Leviton Manufacturing Company, Inc., Schneider Electric SE., and Enlogic Systems LLC. Eaton Corporation PLC, and Tripp Lite.
· In 2021, the APAC hyperscale market gained significant investments from Facebook, Amazon Web Services, Alibaba, and Microsoft. In SE Asia, Microsoft, Facebook, and Amazon Web Services invested in data centers across Singapore and Indonesia in 2021.
· In April 2021, Enel, an Italian energy management enterprise, disclosed to venture into the power distribution market for the U.S. It has announced to invest US$ 19.52 million by the end of 2023. By end of 2030, the company is likely to invest US$ 73.23 million.
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Key Segments Profiled In The Power Distribution Unit (PDU) Market Report
Power Distribution Unit by Type:
Power Distribution Unit by Application:
Power Distribution Unit by Power Phase:
Power Distribution Unit by Distribution Channel:
Power Distribution Unit by Industry:
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About Future Market Insights, Inc. Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Aw
Feb 07, 2023
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