The power distribution unit global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Power Distribution Unit Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The power distribution unit market size has grown rapidly in recent years. It will grow from $3.46 billion in 2023 to $3.85 billion in 2024 at a compound annual growth rate (CAGR) of 11.2%. The growth in the historic period can be attributed to increased data center demand, regulatory compliance, increased automation in industries, demand for high availability, globalization of businesses, increased focus on resilience.
The power distribution unit market size is expected to see rapid growth in the next few years. It will grow to $5.81 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to smart cities development, focus on energy storage solutions, focus on sustainable practices, rising energy efficiency concerns, enhanced security features. Major trends in the forecast period include advancements in battery technologies, hybrid cloud adoption, ai and machine learning integration, remote management and automation, customization and scalability.
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Scope Of Power Distribution Unit Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Power Distribution Unit Market Overview
Market Drivers –
An increasing number of data centers is expected to propel the growth of the power distribution unit (PDU) market going forward. A data center is a physical structure that houses critical applications and data. A power distribution unit (PDU) provides standard electrical outlets for data center equipment. For instance, in May 2021, according to the United States International Trade Commission, a US-based quasi-judicial federal agency, there were around 8,000 data centers worldwide as of January 2021. Therefore, an increasing number of data centers is driving the growth of the power distribution unit (PDU) market .
Market Trends –
Consumer preference for intelligent AI-driven PDU is expected to be a key trend gaining popularity in the power distribution unit (PDU) market. Companies are coming up with innovative smart power distribution units to meet consumer demands. For instance, in June 2022, MetraAV, a US-based commercial, and residential integration products manufacturer launched Big Dog Power Smart Power Distribution Unit (PDU) to solve technical issues The unique features of the product include remote control, smart home integration, surge protection, and rack temperature control, among others.
The power distribution unit market covered in this report is segmented –
1) By Type: Basic, Metered, Switched, Intelligent, Other Types
2) By Power Phase: Single Phase, Triple Phase
3) By Distribution Channel: Offline Channels, Resellers or Distributors, Direct to End-users, Integrators or Maintenance, Online Channels
4) By Industry: Data Centers, Telecom and IT, BFSI, Healthcare, Government, Education, Retail, Utilities, Military and Defense, Other Industries
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Regional Insights –
North America was the largest region in the power distribution unit market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the power distribution unit market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the power distribution unit market report are chneider Electric SE, Eaton Corporation plc, ABB Ltd., Cisco Systems Inc., Legrand SA, Leviton Manufacturing Co. Inc., Schneider Electric SE, Tripp Lite, Vertiv Group Corp., Enlogic Systems LLC., Siemens Aktiengesellschaft, Hewlett Packard Enterprise Company, Elcom International Private Limited, Panduit Corp., Chatsworth Products Inc., Cyber Power Systems Inc., Raritan Americas Inc., Powertek Corporation, nVent Electric plc, Socomec S.A.S., Server Technology Inc., Geist Global, Rittal GmbH & Co. KG, ATEN International Co. Ltd., Austin Hughes Electronics Ltd., Black Box Corporation, Crenlo Engineered Cabs Inc., Fujitsu Limited, Hammond Manufacturing Co. Ltd., Sunbird Software Inc.
1. Executive Summary
2. Power Distribution Unit Market Report Structure
3. Power Distribution Unit Market Trends And Strategies
4. Power Distribution Unit Market – Macro Economic Scenario
5. Power Distribution Unit Market Size And Growth
…..
27. Power Distribution Unit Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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