The
primary objective of a power distribution unit (PDU) is to provide
power to various network components of a server rack present in a
data center. Growing need for data centers to optimize power
consumption and the rising cost of power have led to the increasing
demand for PDUs for effective and monitored power distribution. The
global PDU market is expected to grow positively at a CAGR of 9.3%
during the period between 2015 and 2021. The overall market was worth
US$1.07 billion in 2014 and is projected to be valued at US$1.94
billion by 2021.
Growing
Number of Data Centers to Propel Global PDU Market
Increasing
demand for data centers has driven the demand from the global PDU
market. Economic growth in emerging markets has fuelled the demand
for data centers. The need to reduce rising operational cost of data
centers has further propelled the global PDU market. However, the
increased complexity of data center servers and high cost of PDU
failure will negatively affect the growth of the global PDU market.
The
overall market has a huge opportunity to grow thanks to innovations
in power distribution units by the manufacturers. Data privacy
concerns and government regulations are also expected to create new
avenues for the PDU market.
Demand
for Remotely Monitored PDU to Increase in Global PDU Market
On
the basis of product type, the global PDU market has been segmented
into metered PDU, basic PDU, switched PDU, monitored PDU, and others.
A basic PDU is the easiest and cost-effective way to distribute
facility UPS or generator power to multiple rack loads. A metered PDU
locally monitors load level and avoid potential overloads.
With
the growing need for remote monitoring, monitored PDU and switched
PDU are in demand. Monitored PDU can remotely monitor single- or
three-phase voltage, load, and frequency levels in real time through
a built-in network connection. On the other hand, switched PDU can
remotely monitor as well as connect or disconnect the data center
loads.
Telecom
and IT – Largest Application Segment of Global PDU Market
In
terms of application, the global PDU market has been categorized into
segments such as banking, financial services, and insurance;
government; energy; healthcare; telecommunication and information
technology; others. In 2014, telecommunication and information
technology was the largest application segment and accounted for a
31.3% share in the market. The growth of this application segment can
be attributed to the increasing number of internet users worldwide
and rising acceptance of online shopping in emerging economies such
as India and China. The demand from telecommunication and IT is
expected to drive the demand from the market in the near future.
North
America to Drive Demand from Global PDU Market
Geographically,
the PDU market has been divided into four key regions: Asia Pacific,
North America, Europe, and Rest of the World. North America was the
largest regional market for PDU in 2014 and accounted for a 35.8%
market share. Increased adoption of cloud computing and server
virtualization is expected to drive the demand from the PDU market in
North America.
Some
of the key players in the global PDU market are Cisco Systems, Tripp
Lite, Raritan Inc., Eaton Corporation, Cyber Power Systems, Server
Technology Inc., and Schneider Electric.
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