Power Distribution Unit (PDU) Market 2018 : Global Industry Growth, Opportunities, Consumptions, Industry Analysis and Forecasts 2024
The Infinium Global Research analyzes the Power Distribution Unit (PDU) Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global power distribution unit (pdu) market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of power distribution unit (pdu). The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the power distribution unit (pdu) market during the period. The global power distribution unit (PDU) market is projected to grow at a CAGR of 7.7% over the forecast period of 2018-2024.
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The power distribution unit gaining its popularity among several industry verticals including BFSI, telecom and IT, transportation, healthcare, and others. They are specially designed to provide distribute electric power to the networks and equipment. They also help to improve uptime and efficiency. Additionally, the power distribution unit provides power filtration functionality that helps to improves the power quality.
Growing Data Safety Concerns is Anticipated to Boost the Demand for Power Distribution Units’ Market
The key factor that drives the growth of the power distribution unit market is the growing adaption of power distribution units across the banking and telecom and IT sectors. In addition, the growing demand for high power capabilities within the data center is contributing to the growth of the power distribution unit market. Furthermore, the growing data safety concerns are anticipated to boost the demand for power distribution units’ market. On the other hand, a high initial setup cost is expected to restrain the market growth. The introduction of intelligent power distribution units is projected to create several growth opportunities in the power distribution units’ market during the forecast period.
Power Distribution Unit (PDU) Market: Segmentation
The global market of power distribution units is bifurcated into type, power phase, and applications. The type segment is further divided into basic, metered, monitored, switched, ATS, and hot-swap. Additionally, by power phase, the market of power distribution unit is segmented into a single phase and three phases. Based on the application, the power distribution unit market is divided into power banking, telecommunication & information technology (Telecom & IT), financial services & insurance (BFSI), government, healthcare, and energy. Among these applications, Telecom & IT holds a significant market share. The maintenance of networking, storage and compute is become very complex at the telecom industry. Thus, the use of power distribution units helps to provide the required management. Moreover, the rapidly increasing demand for cloud computing is expected to escalate the growth of power distribution units in the upcoming years.
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North America and Europe Hold a Significant Market Share
North America and Europe hold a significant market share. The growing demand for reduced power consumption and the generation of a high volume of unstructured data at data centers are the factors that contribute to the growth of the power distribution unit across North America and Europe. Additionally, Asia Pacific is accounted for the fastest growth in the power distribution unit market. Rapidly increasing automation, rapidly growing industrialization, and high adoption of cloud computation are anticipated to fuel the market growth in the Asia Pacific region.
Power Distribution Unit (PDU) Market: Competitive Landscape
The key companies in the global power distribution unit market include Cyber Power Systems, Emerson Electric Co., Raritan Inc., Eaton Corporation, Leviton Manufacturing Company, Inc., Tripp Lite, Enlogic Systems LLC., Server Technology, Inc., Cisco Systems, Inc., and Schneider Electric. These companies are more focused on technological innovation and advancements in the current power distribution units.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the power distribution unit (PDU).
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand and/or diversify.