Report Ocean has released a research study titled “Data Center Rack Power Distribution Unit (PDU) Market2023 Forecast to 2031 Analysis by Market Trends.” This study offers precise economic forecasts, global assessments, and country-level insights. It provides a comprehensive view of the competitive market and includes an in-depth supply chain analysis to identify significant industry changes. The study explores the current market status, anticipated future growth, technological advancements, investment opportunities, market economics, and financial data. It thoroughly examines the market and offers insights based on a SWOT analysis of the industry.
Data Center Rack Power Distribution Unit Market to reach USD 2072.93 million by 2027.Global Data Center Rack Power Distribution Unit Market is valued approximately at USD 1.5 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.20% over the forecast period 2021-2027. The data center rack PDU provides power delivery, as it is fitted with various outlets and prevents components from power failure or electricity overload. Rising energy consumption by data centers, increasing number of data centers and strategic steps taken by market players to cater the rising demand are injecting demand in the market.
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For instance, in February 2020, Eaton acquired Power Distribution, Inc. (PDI), The acquisition was aimed towards complementing Eaton’s offerings and to allow it to better serve the data center customers. Also, according to Nuclear Reaction Data Centers (NRDC), in United States, electricity consumption by data centers has increased from 91 billion kilowatt-hours in 2013 to 140 billion kilowatt-hours annually by 2020. Furthermore, growing focus on product innovations and surge in internet proliferation are the factors expected to create lucrative demand during forecast period. However, high cost associated with technology and complexity in data center design are the factors anticipated to majorly restrict the growth in near future.
Major market player included in this report are:
APC Corp (Schneider Electric)
Cyber Power Systems (USA), Inc.
Enlogic Systems LLC
Hewlett Packard Enterprise Development LP
Leviton Manufacturing Co., Inc.
Server Technology, Inc.
Vertiv Group Corp
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I can provide you with some general key takeaways based on industry trends around that time. Keep in mind that the market dynamics may have evolved since then.
- Increasing Demand for Data Center Capacity:
- The global expansion of digital services, cloud computing, and the proliferation of data-intensive applications drove the demand for data center capacity. This, in turn, impacted the market for rack PDUs.
- Rising Focus on Energy Efficiency:
- Energy efficiency continued to be a top priority in data center operations. Rack PDUs designed for optimal energy distribution, monitoring, and management were sought after to reduce power consumption and operating costs.
- Integration of Intelligent PDUs:
- Intelligent PDUs, equipped with monitoring and management features, gained popularity. These features included real-time power usage monitoring, remote power cycling, and environmental monitoring, providing data center operators with greater control and visibility.
- Modularity and Scalability:
- Modular and scalable PDU designs became more prevalent. Data centers sought solutions that could easily adapt to changing power distribution needs as equipment configurations and power requirements evolved.
- High Power Density Requirements:
- The trend toward high-density computing and the use of advanced hardware required PDUs capable of handling higher power densities. Rack PDUs with designs to accommodate high-density racks and blade servers were in demand.
- Compatibility with Advanced Technologies:
- PDUs designed to support emerging technologies, such as 5G, edge computing, and Internet of Things (IoT), gained attention. These solutions needed to be adaptable to various data center architectures.
- Remote Management Capabilities:
- Remote management capabilities, including the ability to monitor and control PDUs from a central location, were essential. This feature facilitated quick responses to power issues and contributed to efficient maintenance.
- Security Features:
- Security considerations, including protection against cyber threats and unauthorized access, became increasingly important for PDUs. Ensuring the integrity of power distribution systems was crucial for data center reliability.
- Adherence to Standards and Regulations:
- Compliance with industry standards and regulations for electrical safety and performance remained a key factor. Data center operators sought PDUs that met relevant standards to ensure the reliability and safety of their infrastructure.
- Environmental Sustainability:
- PDUs with features promoting environmental sustainability, such as energy-efficient components and materials, gained traction. Green initiatives and corporate sustainability goals influenced purchasing decisions in the data center industry.
The detailed segments and sub-segment of the market are explained below:
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