Power Distribution Unit Market Analysis-2030
The power distribution unit market size was valued at $4.1 billion in 2020, and is projected to reach $7.9 billion by 2030, growing at a CAGR of 6.9% from 2021 to 2030. The power distribution unit (PDU) is in charge of supplying reliable network power to various devices. It cannot generate electricity and does not act as a secondary power source but it can provide AC or DC power to remote equipment from a UPS, a generator, or utility power. The power distribution unit is space saving and simple to transfer and adapt to future data center restructuring. The PDU provides greater power protection and monitoring, as well as the flexibility and scalability to meet specific power distribution needs. It not only increases availability, but it also lowers the cost of original investment.
Numerous factors such as cost-effective IT operations, increasing requirement from end use industry, and growing data centers complexities drives growth of the market globally. In addition, cloud computing, virtualization, and evolution of alternating phased power are expected to drive the market during the forecast period. However, space constraint & complex wiring systems with increasing number of power distribution units is the major restraint for the power distribution unit market globally. Furthermore, increasing adoption in data centers is providing numerous opportunities for the market globally during the forecast period.
The power distribution unit market is segmented on the basis of type, phase, end use industry, and region. Based on the type, the market is segmented into metered, monitored, switched, basic and others. By phase, the market is bifurcated into single and three. End use industry covered in the report are IT & telecom, healthcare, government & defense, banking, financial services and insurance (BFSI) and others. The report further outlines the details about the revenue generated through the sale of power distribution unit across North America, Europe, Asia-Pacific, and LAMEA. North America is expected to have a significant share in the power distribution unit market in 2020. Increased awareness of cloud computing in emerging markets such as India and China will boost the demand for power distribution units in Asia-Pacific.
Major players operating in the power distribution unit market include Eaton, Siemon, Leviton, Siemens, Powertek, Schneider, Cyber Power systems, Raritan, Vertiv group and Nvent.
Other players in the power distribution unit industry are Tripp Lite, Panduit Delta Electronics, Socomec, and others.
Power Distribution Unit Market, by Type
The metered segment is expected to grow at a 6.7% rate of CAGR during the forecast period, while monitored segment is the fastest growing segment, growing around 7.4% CAGR during the forecast period. Metered PDU provides remote monitoring capabilities and access to power data whenever and wherever required. Because of which it is adopted in wide range of end-use industries.
By Type
Metered PDU holds a dominant position in 2020 and Monitored PDU is projected as the most lucrative segment.
Power Distribution Unit Market, by Phase
The three-phase segment accounted for the largest share i.e. 59.6% and is the fastest growing segment, growing around 7.0% CAGR over the forecasted period.
By Phase
Three Phase is projected as the most lucrative segment.
Power Distribution Unit Market, by End Use Industry
The IT & Telecom industry accounted for the largest share i.e. 20.1% and is the fastest growing segment, growing around 8.8% CAGR over the forecasted period. IT & Telecom industry is expected to be the fastest growing segment growing at around CAGR of 8.8%. IT and Telecom includes various IT firms and telecommunication companies such as mobile number operator and wireless service provider. Data centers have become a more strategic asset for IT companies as well as telecom operators. These industries require PDUs to efficiently deliver power and thus expected to have high demand in coming years.
By End Use Industry
IT & Telecom is projected as the most lucrative segment.
Power Distribution Unit Market, by Region
North America contributed the 37.3% market share in 2020 and is projected to grow at CAGR of 5.2% during the forecast period. Asia-Pacific is the fastest growing segment, growing around 9.2% CAGR over the forecasted period. This is attributed to rising IT and Telecommunication industry in India, China and others. Furthermore, the power distribution unit market share is analyzed across all the significant regions and countries.
By Region
North America holds a dominant position in 2020 and Asia-Pacific will register the highest CAGR during the forecast period.
Key Benefits For Stakeholders
- The report provides in-depth analysis of the power distribution unit market along with the current trends and future estimations.
- The power distribution market size is provided in terms of revenue.
- This report highlights the key drivers, power distribution unit market opportunities, and restraints of the market along with the impact analysis during the forecast period.
- Porter’s five forces analysis helps to analyze the potential of the buyers & suppliers and the competitive scenario of the power distribution unit market for strategy building.
- A comprehensive market analysis covers the factors that drive and restrain the power distribution unit market growth.
- The qualitative data about market dynamics, power distribution unit market trends, and developments is provided in the report.
Impact Of Covid-19 On The Global Power Distribution Unit Market
- COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.
- The outbreak of COVID-19 pandemic had led to partial or complete shutdown of end use industries for power distribution unit. Furthermore, owing to the lockdown implemented across various countries, national and international transport were hampered in 2020, but some of the countries have begun vaccination drives which has positively impacted the supply chain of power distribution unit across the globe. In 2020, there was insufficiency in raw material which hampered the production rate of power distribution unit.
- Moreover, People are being advised to stay at home as a precaution due to the ongoing COVID-19 outbreak. Several businesses have adopted a work-from-home policy to safeguard their staff as well as to better serve their clients. As a result, digital traffic and the use of online communication services has increased. During this uncertain period, data centers are playing a critical role in securing and maintaining secure digital infrastructure. This crisis is likely to shift attention to the significance of upgraded digital infrastructure, as well as data centers, opening the path for market expansion
Power Distribution Unit Market Report Highlights
Aspects | Details |
By Type |
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By Phase |
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By End-Use Industry |
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By Region |
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Key Market Players | Siemon, Siemens, Cyber Power systems, Powertek, Leviton, Eaton, Raritan, Vertiv group Nvent, Schneider Electric |
Analyst Review
According to CXOs of leading companies, the power distribution unit market is anticipated to witness growth during the forecast period, driven by increased demand for end-use industries such as IT & telecom, energy, government & defense, and manufacturing & processing. One of the primary factors driving growth of the power distribution unit (PDU) market is the rise in number of data centers across the globe. The market for PDU is growing primarily due to increase in concerns about power stability for uninterrupted commercial operations and increased power distribution unit installations to reduce energy losses. In addition, acceptance of advanced technology with increased urbanization & digitization and high investments by governments positively impact the market. Furthermore, during the forecast period, the market players are expected to be benefited from shift of enterprises to cloud applications and containerized power solutions for edge data centers.
However, complex wiring systems with increasing number of power distribution units and space constraints in old data centers leading to heating up of spaces is expected to hinder the market growth. Integration of old power distribution units with data management software platform is projected to challenge the power distribution unit (PDU) market during the forecast period.
• Increased demand for stable power from various end use industries including IT & telecom, healthcare, banking and other government industries is driving the demand for power distribution units.
Acquisition and product launch are the key growth strategies for power distribution unit market player.
The report sample for global power distribution unit market report can be obtained on demand from the website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.
Asia-Pacific is going to provide more business opportunities for power distribution unit market in future owing to increasing number of IT industries in the region.
Nvent, Siemen, Eaton and Schneider Electric are some of the major players in the power distribution unit market.
The top ten market players are selected based on two key attributes - competitive strength and market positioning.
Metered PDU hold the maximum share of the power distribution unit market i.e. around 27.9%.
Potential customers for the power distribution units are data centers, IT & telecom Industries, automobiles & BFSI sectors.
Increasing number of data centers across the globe and focus of various industries to reduce energy losses will influence the power distribution unit market in next few years.
Application of power distribution unit like increasing uptime, minimization of the downtime of servers, reduced overall power consumption and tracking power usage In order to maintain application performance and efficiency. These application of PDUs are expected to drive the market.
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