According to a new report Global Data Center Rack Power Distribution Unit (PDU) Market, published by KBV research, The Global Data Center Rack Power Distribution Unit (PDU) Market size is expected to reach $2.4 billion by 2026, rising at a market growth of 12.8% CAGR during the forecast period.
The non-intelligent segment recorded the largest market share. Non-intelligent rack power distribution units, which have only input load monitoring and power distribution functionality, had the largest share. Factors such as increased demand for power and load monitoring capabilities in data centers and cost-effectiveness are expected to boost segment growth during the forecast period. Furthermore, these power distribution units meet the requirements of different data centers by distributing power and voltage accurately within the IT infrastructure.
The intelligent PDU Segment is expected to grow at a substantial growth rate over the forecast period. Furthermore, the intelligent rack PDU is transformed into a metered PDU and a PDU. This can be attributed to the shift of different organizations. In addition, the demand is expected to increase with technologies such as input metering, connectivity and output metering.
North America dominated the regional market. This is due to the presence of key players such as APC Corp; Hewlett Packard Enterprise Development LP; and Cyber Power Systems (USA), Inc. U.S. is considered to be a major revenue contributor as a result of the growing adoption of online shopping, which has led retailers to have data centers in their own premises or to rent storage space from third-party service providers. The Asia Pacific region is expected to record a significant growth rate over the forecast period. Increasing numerization preference is expected to encourage the use of cloud-based services and in turn, to require the use of data centers during the forecast period.
Structural Insights: https://www.kbvresearch.com/data-center-rack-power-distribution-unit-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Schneider Electric SE (APC Corporation), Eaton Corporation PLC, Hewlett Packard Enterprise Company, Legrand S.A. (Raritan, Inc.), Cyber Power Systems (USA), Inc., Gateview Technologies, Inc., Tripp Lite, Leviton Manufacturing Co., Inc., Vertiv Group Corporation, and CIS Global LLC (Enlogic Systems, LLC).
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