Global Power Distribution Unit Market - 2024-2031

Report Overview

The Global Power Distribution Unit Market was worth US$ 3.46 billion in 2023 and is estimated to reach US$ 9.13 billion by 2031, growing at a CAGR of 12.89 % during the forecast period (2024-2031).

PDUs are power distribution units that provide electricity to computers and other networking equipment in data centers. They have many outputs and can measure and control the quantity of distributed electricity. Multiple low amperage outlets are available from high amperage outlets on PDU models with high amperage plugs. They are typically used to ensure that power from a UPS (uninterruptible power supply), generator or utility source is distributed reliably to various devices.

Carbon emissions and power usage are predicted to rise dramatically as data centers grow. Constant monitoring of electricity consumption is projected to become a requirement to comply with environmental requirements. In such cases, modern power distribution units with unique features are expected to assist data centers. Intelligent PDUs, for example, provide increased uptime, capacity planning, reduced power consumption, real-time data collection and remote monitoring, all of which lower expenses.

Market Dynamics

The power distribution unit market is being driven by increased concerns about power stability for uninterrupted business operations, expanding power distribution unit installations for decreasing energy losses and the growing number of data centers.

The rising demand for power and internet

Proliferating data center demand, lower power consumption, a quick increase in the amount of data processed and a growing requirement for data storage are some of the key reasons projected to propel the market forward. PDUs have several key characteristics: power usage tracking, reduced total power consumption, server downtime minimization and increased uptime.

Rack power distribution units supply electricity to the equipment to ensure application performance and efficiency. With power distribution devices with high amperage plugs, many low amperage outlets can be given from high amperage outlets. Data generation is triggered by growth in unstructured data, increased process automation in the power industry and increased machine sensor data.

Due to a large rise in data, economic growth and increased internet users worldwide, data centers are expected to grow rapidly during the projection period. Virtualization and greater acceptance of cloud computing are also contributing to the rising demand for data centers, which is projected to benefit the power distribution unit market.

Growing demand for effective transmission and distribution control systems

The power distribution component business has boomed because of the increased demand for effective T&D control systems. The commercial potential will be complemented by rising demand for renovation of existing electrical setups and regulatory and fiscal changes across the industrial sector.

A favorable business environment has been further incorporated by a lack of efficient and dependable electric networks in developing countries and a shift toward developing existing infrastructure in industrialized economies. The key characteristics driving the industry's growth include low costs, safe operation and product compactness.

Additional training to operate the digital control panels

For stopping signal loss during analog to digital conversion, digital control panels are becoming increasingly popular. However, one of the device's disadvantages is that it requires additional training to use and troubleshoot. As a result, corporations diversify their portfolios to include before- and after-sale services to acquire a competitive advantage over competitors and assist in training service professionals.

The advantages of digital control panels are countered by increased dependability, configurable features and reduced signal loss. Other variable factors such as humidity, pressure and temperature in commercial and residential areas may be simply managed with digital control panels.

Market Segment Analysis

By Type, the power distribution unit market is segmented into metered, switched, monitored, hot-swap, dual circuit and others.

Metered power distribution units hold the lion's share

Metered power distribution devices have an in-built LED screen that shows real-time power consumption data, allowing for local visual monitoring. Inlet and outlet metered power distribution units are the two types of metered power distribution units. Outlet metered power distribution units allow end-users to comprehend the actual power usage at the device or server level. In contrast, inlet metered power distribution units determine the available capacity of the racks.

It allows for the most efficient power management to power individual customer business units and increases data center efficiency. The metered power distribution unit market is driven by real-time data usage for electricity and cheap competitive costs.

Market Geographical Share

Growing switched construction in North America

Rising demand has stimulated the industry due to increased money flow towards building long-distance distribution networks and rehabilitating household electric infrastructure. Due to advancements in IT infrastructure, demand for PDU is increasing in the telecom and IT sectors. Similarly, the healthcare sector presents growth potential for the PDU market due to increased demand for life-saving equipment requiring a continuous power supply for crucial procedures.

The region has a significant increase in the number of colocation data centers, which presents the lucrative potential for companies in the power distribution sector in North America. In 2018, U.S. government announced plans to spend US$10 billion to build new electric networks, expected to reduce the Western Transmission & Distribution (T&D) Network's curtailment rate. The increasing emphasis on replacing traditional electrical equipment with modern, high-quality systems will drive product demand.

Market Competitive Landscape

The global power distribution unit has many manufacturers. Major global power distribution unit market companies include Schneider Electric, Legrand, Eaton, Vertiv, Cisco Systems, Tripp Lite, ABB Ltd., Panduit, Delta Electronics and Hewlett Packard Enterprise.

COVID-19 Impact Analysis

The COVID-19 epidemic had restricted the power distribution module market's expansion. North America, which is one of the most important regions for power distribution modules saw the demand declining during the COVID-19 phase. Additionally, the enforcement of lockdowns at the regional and global levels had reduced the demand for power distribution units.

Russia-Ukraine War Impact

The conflict between Russia and Ukraine has significantly affected the market for Power Distribution Units (PDUs), mainly due to the sharp rise in energy costs. The battle has resulted in a 9% increase in energy prices across OECD countries, with Southern and Western European nations being the most affected. The region of Southern Europe has experienced a significant 22% surge in energy prices, which underscores the considerable burden of energy expenses in this area.

The significant increase in energy prices has probably resulted in greater operational expenses for power distribution, affecting market dynamics and potentially causing an increase in prices for PDUs. The war's implications have had a greater impact on nations that are members of the EU and NATO, suggesting a notable geographical discrepancy in the effects on energy prices. This could result in uneven changes in the market across Europe.

By Phase

• Single Phase
• Three Phase

By Power Rating

• Up to 120 V
• 120-240 V
• 240-400 V
• Above 400 V

By Type

• Metered
• Switched
• Monitored
• Hot Swap
• Dual Circuit
• Others

By End-User

• BFSI
• Healthcare
• Energy
• Telecom & IT
• Government & Defense
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In August 2023, Panduit Corp. formed a partnership with Cisco Nexus Dashboard to incorporate its intelligent Power Distribution Unit (IPDU). This partnership enhanced the understanding of energy use, environmental impact and expenses for data center management in both on-premises and multi-cloud settings.
• In August 2023, Siemens introduced a cutting-edge series of line monitoring relays called SIRIUS 3UGS. By integrating existing technology with innovative features, these relays enhance the monitoring of grid stability and quality, assuring optimal system performance and prolonging the lifespan of components like motors or compressors.
• In June 2023, Siemens Smart Infrastructure unveiled the SICAM 8 power automation platform, which offers a high level of scalability. SICAM 8 contributed to the achievement of global climate targets by enabling the growth of renewable energy sources, streamlining their incorporation into current power networks and accelerating the building of substations.
• In January 2023, Leviton unveiled their newest Whole Home Energy Monitor and 2nd Generation Smart Circuit Breakers with Remote Control, further enhancing their integrated home energy management strategy. Customers were able to track energy usage and production from many sources, including the grid, solar power, batteries and generators.

Why Purchase the Report?

• Visualize the composition of the power distribution unit market segmentation by phase, power rating, end-user, type and region, highlighting the critical commercial assets and players.
• Identify commercial opportunities in the power distribution unit market by analyzing trends and co-development deals.
• Excel data sheet with thousands of power distribution unit market-level 4/5 segmentation points.
• Pdf report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players

The global power distribution unit market report would provide access to an approx. 69 market data tables, 68 figures and 215 pages.

Target Audience 2024

• Power Distribution Unit Service Providers/ Buyers
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Emerging Companies
• Power Distribution Unit Manufacturers