Rack mounted power distribution unit are manufactured, installed, configured, and managed depending upon intended purpose. The rack mounted power distribution unit are available in various sizes and are configured depending on the type of voltage and connection requirements. Power distribution units include monitoring functions and remote accessing facilities and can be distinguished into simple and cost-effective rack-mounted power strips based on their functionalities such as remote monitoring, power filtering, SNMP or LAN control, and intelligent load balancing technology.
The global data center rack power distribution unit market is estimated to value at more than US$ 1 Bn in 2018, and is expected to register a CAGR of 6.5%. The first five-year cumulative revenue (2019-2023) is projected to be over US$ 8 Bn, which is expected to increase significantly over the latter part of the five-year forecast period.
Global Data Center Rack Power Distribution Unit Market: Driving Factors
A major factor driving growth of the global data center rack power distribution unit market is growing demand for power distribution units owing to continuous growth in the number of smart connected devices in various data centers for data acquisition, data monitoring, and many other related services.
In addition, increasing adoption of cloud-based systems in information technology sector owing to various capabilities offered by power distribution unit in data center rack management such as efficient handling of large amount of energy, assistance in balancing loads, and smart power control and monitor for specific servers, switched, and many other data center devices is another factor expected to boost growth of the global data center rack power distribution unit market in the near future.
Power distribution units regulates voltage in a data centers and provides real-time power data input and output of an information technology (IT) infrastructure, thus enabling efficient power controlling functionality during equipment failures situation.
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Global Data Center Rack Power Distribution Unit Market: Segmental Snapshot
The market report has been segmented on the basis of product type and region. The product type segment includes basic PDU, metered PDU, intelligent PDU, and switched PDU. The regions covered in the analysis includes North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By product type:
Among the product type segments, the metered PDU segment is expected to contribute major revenue share in the global data center rack power distribution unit market, and is expected to register a CAGR in terms of revenue over the forecast period, owing to increasing focus of manufacturers to develop innovative and advanced power distribution unit that provides high power monitoring and offers cost-effective solutions. The intelligent PDU segment is expected to register highest CAGR of over 8% over the forecast period.
Europe market is expected to register significant growth of the global data center rack power distribution unit market, owing to rising demand for data centers from the IT sector, BFSI sector, and cloud storage services to manage infrastructure, connectivity, and services.
The market in Europe is expected to register lucrative CAGR in the global data center rack power distribution unit market over the forecast period. The Europe market is expected to account for major share in terms revenue owing to high penetration of energy-consuming direct current (DC) loads in residential and commercial sectors, and increasing adoption of cloud computing and server virtualization technology in countries in the region.
Global Data Center Rack Power Distribution Unit Market: Competitive Analysis
The research report on the global data center rack power distribution unit market include profiles of some of major companies such as Schneider Electric SA (American Power Conversion Corporation), Hewlett Packard Enterprise, Eaton Corporation PLC, CyberPower Systems, Inc., Vertiv Co. (Geist), Enlogic Systems, LLC (CIS Global LLC), Legrand SA, and Leviton Manufacturing Co., Inc.
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