Need immediate assistance? Call 1-518-730-0559 (Us-Canada Toll Free) or Contact Us

 

Power Distribution Unit Market Receives Impetus from High Volume of Data Generation

Article Description

The global power distribution units (PDU) market was worth US$1.07 bn in 2014. In current times, excessive use of electronic devices has led to a high volume of data generation, which has necessitated the need for large data centers for data storage purposes. This is driving the demand for PDUs for power distribution to the server rack’s network components. In addition, PDUs are installed to track the power consumption of each and every component of the rack in order to minimize power utilization throughout the data center.

Browse the full Global Power Distribution Unit (PDU) Market report at http://www.mrrse.com/power-distribution-unit-market

Modern PDUs are loaded with other design and functional features as well. These include input and output power display, controlling power usage remotely, alarm sensors for alerts regarding standard power consumption deviations, reducing server downtime, and increasing the functional efficiency of the network components.

With cloud computing and server virtualization becoming standard norms for information access, large data centers are a necessity, thereby increasing the demand for PDUs for network support.

Rising Manufacturing and Energy Generation Bolstering Global PDU Market

In the energy and manufacturing sectors, process automation, increasing volume of crude data from operations, and increasing volume of data generated through machine sensors require large data centers for data consolidation purposes. PDUs are essential elements of these facilities for energy distribution, monitoring, and energy conservation purposes.

Moreover, in the emerging markets of India and China, increasing investments in industrial infrastructural development will boost the demand for PDUs for energy distribution and monitoring purposes. These factors will collectively lead the global PDU market to be valued at US$1.94 bn by 2021, exhibiting a CAGR of 9.30% between 2015 and 2021.

By application, the global PDU market is divided into telecommunication and information technology, government, healthcare, banking, financial services, and insurance, energy, and others. In 2014, telecom and information technology contributed the largest revenue to the global PDU market with a market share of 31.3%. The increasing number of internet users and rising preference for online shopping in emerging markets such as China and India are the reasons to this. On account of these factors, telecom & IT will remain the dominant application segment of the PDU market in the foreseeable years.

Hi-tech Advancements Boost North America PDU Market

The global market for power distribution units is divided into the regional segments of North America, Europe, Asia Pacific, and Rest of the World (RoW). In 2014, North America contributed the largest revenue to the overall market, holding a market share of 35.8%. Increased acceptance of cloud computing and server virtualization for information access across industry verticals is the major reason driving the North America PDU market. Europe stands as the second largest market for PDU in terms of revenue.

However, Asia Pacific will emerge as the largest market for PDU in the coming years. This is attributed to factors such as economic development, increasing number of internet users, and increasing volume of investments for industrial infrastructural development in the region.  

Some of the major companies that operate in the global PDU market are Eaton Corporation (Ireland), Raritan Inc. (US), Leviton (U.S.), Enlogic (UK), Schneider Electric (France), Cyber Power Systems (Taiwan), Emerson Electric Co. (US), Tripp Lite (US), Server Technology Inc. ( US), and Cisco Systems Inc. (US), among others.