Power Distribution Unit (PDU) Market: Surging Growth from US$ 2.4B in 2021 to US$ 2.6B in 2022, with 8.3% YoY Increase, Forecasted to Reach US$ 4 Billion by 2032

The market for power distribution units is expected to reach US$ 4 billion by the end of the forecast period, growing at a compound annual growth rate of 4.6%. In 2022, the market is projected to be worth US$ 2.6 billion. Throughout the projected period, the market will profit from the growing need for data centre monitoring solutions, which is responsible for the industry’s growth.

During the evaluation period, the increase in data globally is anticipated to be one of the possible factors driving the market. In the upcoming term, player engagement will also be crucial to the market’s development.

With an increasing preference for AI-based PDUs, the market is set to witness it as a remunerative opportunity in the forecast period. Also, with the growing number of SMEs across the globe, especially in developing countries, the market is projected to burgeon significantly.

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For instance, in November 2020, Amazon Web Services (AWS) made an investment of US$ 2.8 Billion to establish a new AWS Cloud in Telangana, India. On the contrary, high costs associated with the installation of PDUs, along with space constraints and complicated wiring systems with the increasing number of power distribution units can hamper the market growth in the coming time.  

Key Takeaways from the Market Study 

• The triple-phase segment to expand at a CAGR of 6.5% during the forecast period  
• The data center segment to exhibit a growth rate of 4.1% from 2022- to 2032 
• The market in the U.S to garner US$ 1.3 billion by 2032  
• Market in the U.K to value US$ 296 million during the forecast period 
• India to exhibit a CAGR of 5.4% from 2022 to 2032  
• The Chinese market to secure US$ 308.1 million by 2032  
• Industry in Japan to record a CAGR of 5.1% from 2022- to 2032  

“With rising initiatives from the government of developing economies such as; India, the market is expected to witness significant growth in the forecast period. Also, with the increasing number of data centers with rising power distribution unit installation across the globe, the industry will experience a notable rise in the forthcoming period.” 

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Competitive Analysis  

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.  

• In 2021, the APAC hyperscale market gained significant investments from Facebook, Amazon Web Services, Alibaba, and Microsoft. In SE Asia, Microsoft, Facebook, and Amazon Web Services invested in data centers across Singapore and Indonesia in 2021.  
• In April 2021, Enel, an Italian energy management enterprise, disclosed to venture into the power distribution market for the U.S. It has announced to invest US$ 19.52 million by the end of 2023. By end of 2030, the company is likely to invest US$ 73.23 million.  

More Valuable Insights 

Future Market Insights, in its new offering, presents an unbiased analysis of the global power distribution unit market, presenting a historical analysis from 2015 to 2021 and forecast statistics for the period of 2022-2032. 

The study reveals essential insights on the basis of Type (Basic PDU, Intelligent/ Monitored PDU, Metered PDU, Switched PDU), Application (Data Center, Commercial Building (Networking), Laboratories (IT/Comp Lab)), Power Phase (Single Phase, Triple Phase), Distribution Channel (Offline Channel, Online Channel), Industry (Data Center, Telecom IT, BFSI, Healthcare, Government, Education, Retail, Utilities, Military & Defense, Others (Transportation, Manufacturing)) & Region (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa)

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