The power distribution unit (PDU) market is expected to spike from USD 2.4 Billion in 2021 to USD 2.6 Billion in 2022. From 2021 to 2022, the market is anticipated to exhibit a Y-o-Y growth of 8.3%. During the 2022 to 2032 forecast period, the industry is slated to flourish at a 4.6% value CAGR, closing at a valuation of USD 4 Billion.
An increasing number of data centers with growing power distribution unit installation across the globe, especially, in developing countries, is expected to bolster the market in the forecast period. Also, with significant participation from the government of various developing countries, the market is anticipated to expand notably in the forthcoming time.
Attributes | Details |
---|---|
Power Distribution Unit Market CAGR (2022 to 2032) | 4.6% |
Power Distribution Unit Market Size (2022) | USD 2.6 Billion |
Power Distribution Unit Market Size (2032) | USD 4 Billion |
Well-established players in the global market are making aggressive investments in Research and Development for advancing the data centers for a better supply of electricity. For instance, in March 2022, Siemens joined President Biden at the White House and announced that it will invest USD 54 million across major USA. manufacturing facilities.
The player is making large investments in its existing electrical infrastructure manufacturing hub in Grand Prairie, Texas, and a Greenfield manufacturing site for electrical infrastructure and make-ready EV charging devices in Pomona, California. Such developments amongst key players are expected to expand the market reach in the forthcoming period.
Governments’ growing focus on adopting environment-friendly methods in commercial infrastructures is likely to augment the market size. For instance, the European Commission updated its Energy Efficient Directive in 2018 and improvised the EU’s energy efficiency target by 32.5%. Due to increasing environmental consciousness, and other factors, the market is likely to flourish significantly in the forthcoming period.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Increasing demand for data center monitoring solutions is expected to benefit the market in the forecast period. The increasing amount of data across the globe is the most significant factor strengthening the market during the forecast period.
Also, the rising penetration of advanced cloud computing in organizations is likely to enhance demand for data center monitoring solutions, benefitting the market in the forecast period. Moreover, with increasing digitalization due to COVID-19, there has been a significant rise in the adoption of modern technologies like IoT, AI, and big data, thereby, propelling market expansion.
With the surging adoption of ARM, there has been a significant change in the Data Center IT infrastructure. Japan’s Fugaku, an ARM-based supercomputer uses Fujitsu’s 48-core A64FX system-on-chip processor. NVMe and SSD storage, and the rising adoption of 200/400 GbE switches are other emerging opportunities in data center monitoring solutions, fuelling the power distribution unit market in the forecast period.
Also, various new investors are entering the data center monitoring industry with construction facilities, which is anticipated to bolster the market size in the coming time. Some of these entities include Cirrus Data Services, NOVVA, ESR Cayman, AdaniConnex, and others. This is likely to strengthen the market notably.
With rising joint ventures and partnerships among the data monitoring solutions players, the power distribution unit market is expected to be benefitted directly. For instance, Equinix and GIC announced a partnership to build xScale data centers across various nations, including countries in Europe, Singapore, and South Korea.
In another occurrence, in September 2021, Vantage Data Centers announced a major initiative to expand into APAC through two acquisitions. The company announced the acquisition of Agile Data Centers along with its takeover of the data center portfolio of PCCW Ltd. Such initiatives are expected to burgeon the market size in the forecast period.
Growing preference for AI-enabled PDU is expected to emerge as a remunerative market opportunity in the coming time. There has been a significant rise in the establishment of advanced and interconnected data centers fuelling cloud server technology.
The growing inclination of consumers toward cloud-based operations and the increasing adoption of remote working culture on secured server technology have enhanced the significance of data centers, which are expected to offer significant opportunities to the market in the forecast period.
Increasing dependence on data centers has resulted in data center operators focusing on the chain, including supply to the rack power distribution unit. Furthermore, with the rising number of SMEs and start-ups, the market is expected to witness expansion opportunities.
Key players in the market are making investments in data center projects to advance them For instance, in November 2020, Amazon Web Services (AWS) made an investment of USD 2.8 billion to establish a new AWS Cloud in Telangana, India. With the investment, AWS will allow businesses and enterprises to run their applications in an efficacious manner.
In August 2021, the Government of India approved the Revamped Distribution Sector Scheme. The scheme offers financial assistance to enhance power distribution companies and department (DISCOMs) operations by empowering the supply infrastructure. The government will deploy AI-based solutions in the power sector to develop DISCOMs. Such initiatives are expected to offer lucrative opportunities to the market in the forthcoming period.
The inability of PDUs to endure high voltages and high current fluctuations is projected to hinder market growth in the forecast period. Such limitations are likely to impact the market negatively and motivate customers to look for stable and uninterrupted electricity solutions.
Also, high costs associated with the installation of PDUs are anticipated to impede market growth in the forecast period. In addition, space constraints and complicated wiring systems with the rising number of power distribution units are expected to be another salient cause inhibiting the market growth in the forecast period.
Based on the power phase, the market is expected to be dominated by the triple-phase segment. As per the analysis, the segment is anticipated to expand at a CAGR of 6.5% from 2022 to 2032. Benefits offered by triple-phase power distribution are likely to drive segmental growth during the forecast period.
The cost of cabling for a three-phase is cheaper as compared to a single-phase and the time required for installation is also less, which makes it a preferred choice, thus, strengthening the market in the forecast period. With increasing cloud-based operations across various end-user sectors, the demand for three-phase power distribution units is expected to drive segmental growth in the assessment period.
Based on the application, the data center segment is leading the market in the assessment period. As per the analysis, the segment is expected to exhibit a CAGR of 4.1% from 2022 to 2032. The expansion of the segment can be attributed to the increasing data consumption and rising amount of data collected by digital channels.
Also, key players in the market are taking various initiatives which are benefitting segmental growth. For instance, in November 2020, Microsoft Corporation announced investments that would aid in boosting Sweden’s digital transformation and opening its data center in the country by 2021.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
According to FMI’s analysis, North America is anticipated to dominate the global market for power distribution units. The region is expected to be led by the USA, garnering USD 1.3 Billion while exhibiting a CAGR of 4.5% from 2022 to 2032. The growth of the region can be attributed to the growing demand for data centers in the USA Also, the telecom and IT sectors are also exhibiting increased demand for PDUs due to increasing development in IT infrastructure.
With a substantial rise in colocation data centers, the region is expected to witness lucrative opportunities for market expansion in the forecast period. Also, with enormous investments in PDUs across various data centers, the market in North America is expected to show notable expansion. For instance, Microsoft has announced to build of four new data centers in North America, thus, resulting in an increased demand for such units.
Asia Pacific is anticipated to be the fastest-growing market in the forecast period. As per the estimations at FMI, the market is likely to be principally driven by the presence of evolving economies such as; China, India, and Japan. Among all, China is expected to garner the largest market share of USD 308.1 Million, while India is projected to exhibit the maximum CAGR of 5.4% from 2022 to 2032.
Japan is expected to procure USD 219.2 Million by 2032. The development of the regional market can be attributed to the expansion of corporate infrastructure in the aforementioned nations. With rising IT establishments and the incorporation of cloud-based operations, the market in the region is anticipated to augment notably in the forecast period.
The participation of India is anticipated to make a noteworthy development in the regional market. India has been recognized as one of the fastest-developing nations with massive potential growth, which will benefit the region in the forthcoming period.
Europe is expected to exhibit decent growth during the forecast period. The UK. is likely to make the most significant participation in driving the market. FMI reveals that the region is expected to garner about USD 296 Million while recording a CAGR of 5% from 2022 to 2032.
The growth of the European market can be attributed to the rising investments in the internet, cloud, and telecommunication, which increases demand for PDUs in the region, thereby, propelling the market growth. Also, established players are taking various initiatives to strengthen the market in the region.
For instance, Google announced building a data center in Belgium, valuing about USD 300 million. Such initiatives are expected to drive the regional market in the coming time.
Countries | Estimated CAGR |
---|---|
USA | 4.5% |
UK | 5% |
China | 5.2% |
Japan | 5.1% |
India | 5.4% |
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.
Recent key developments in the industry include:
The global power distribution unit market is expected to secure USD 2.6 Billion in 2022
The global power distribution unit market is expected to exhibit a CAGR of 4.6% from 2022 to 2032
By application, the data center segment is expected to lead the market while expanding at a CAGR of 4.1% during the forecast period
The USA is anticipated to garner USD 1.3 billion while expanding at a growth rate of 4.5% from 2022 to 2032
India is projected to record a CAGR of 5.4% from 2022 to 2032
Japan is expected to secure a market value of USD 219.2 Million by 2032
1. Executive Summary 2. Market Overview 3. Market Risks and Trends Assessment 4. Market Background 5. Key Success Factors 6. Global Market Demand Analysis 2016 to 2021 and Forecast, 2022 to 2032 7. Global Market Value Analysis 2016 to 2021 and Forecast, 2022 to 2032 8. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Type 8.1. Basic PDU 8.2. Intelligent/Monitored PDU 8.3. Metered PDU 8.3.1. Inlet Metering PDU 8.3.2. Inlet/Outlet Metering PDU 8.4. Switched PDU 9. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Application 9.1. Data Center 9.2. Commercial Building (Networking) 9.3. Laboratories (IT/Comp Lab) 10. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Power Phase 10.1. Single Phase 10.2. Triple Phase 11. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Distribution Channel 11.3.1. Offline 11.1.1. Resellers/Distributors 11.1.2. Direct to End-users 11.1.3. Integrators/Maintenance 11.3.2. Online Channel 12. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Industry 12.1. Data Center 12.1.1. Tier 1 12.1.2. Tier 2 12.1.3. Tier 3 12.2. Telecom IT 12.3. BFSI 12.4. Healthcare 12.5. Government 12.6. Education 12.7. Retail 12.8. Utilities 12.9. Military & Defense 12.3.10. Others (Transportation, Manufacturing) 13. Global Market Analysis 2016 to 2021 and Forecast 2022 to 2032, By Region 13.1. North America 13.2. South America 13.3. Europe 13.4. Asia Pacific 13.5. Middle East and Africa (MEA) 14. North America Market Analysis 2016 to 2021 and Forecast 2022 to 2032 15. South America Market Analysis 2016 to 2021 and Forecast 2022 to 2032 16. Europe Market Analysis 2016 to 2021 and Forecast 2022 to 2032 17. Asia Pacific Market Analysis 2016 to 2021 and Forecast 2022 to 2032 18. Middle East and Africa Market Analysis 2016 to 2021 and Forecast 2022 to 2032 19. Key Countries Market Analysis 2016 to 2021 and Forecast 2022 to 2032 20. Market Structure Analysis 21. Competition Analysis 21.1. Schneider Electric SE 21.3. ABB Ltd 21.5. CyberPower Systems, Inc. 21.7. Leviton Manufacturing Company, Inc. 21.8. Enlogic Systems LLC. 21.9. Legrand 21.10. Vertiv 22. Assumptions and Acronyms Used 23. Research Methodology
Technology
November 2022
REP-GB-271
250 pages
Explore Technology Insights
View Reports