PUBLISHER: Meticulous Research | PRODUCT CODE: 1576463
PUBLISHER: Meticulous Research | PRODUCT CODE: 1576463
Power Distribution Units Market by Type (Basic, Metered, Monitored, Switched, Others), Phase (Single-phase, Three-phase), End-use Industry (IT & Telecom, Healthcare, BFSI, Automotive, Manufacturing, Others), and Geography-Global Forecast to 2031
The research report titled, 'Power Distribution Units Market by Type (Basic, Metered, Monitored, Switched, Others), Phase (Single-phase, Three-phase), End-use Industry (IT & Telecom, Healthcare, BFSI, Automotive, Manufacturing, Others), and Geography-Global Forecast to 2031', provides an in-depth analysis of the power distribution units market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.
The power distribution units market is projected to reach $6.2 billion by 2031, at a CAGR of 7.1% from 2024 to 2031.
Rising concern over power stability for uninterrupted business operations, the increasing number of data centers, and growing power distribution unit installation to reduce energy losses are factors driving the growth of the power distribution units market. However, market growth is restrained by the limitations of PDUs to manage extreme voltages and high current fluctuations. In addition, the rising penetration of advanced cloud computing in organizations provides considerable potential opportunities for market players. The market faces substantial challenges, including high costs associated with the installation of PDUs and safety and security concerns.
The power distribution units market is segmented based on type (basic PDU, metered PDU, monitored PDU, switched PDU, and other PDU types), phase (single phase and three phases), and end-use industry (IT & telecom, healthcare, government & defense, BFSI, manufacturing, and processing industries, automotive, aerospace & defense and other end-use industries). The study also evaluates industry competitors and analyses the market at the regional and country levels.
Based on type, the power distribution units market is segmented into basic PDU, metered PDU, monitored PDU, switched PDU, and other PDU types. In 2024, the switched PDU segment is expected to account for the largest share of over 31.0% of the global power distribution units market. Increased need for enhanced control, efficiency, and reliability in power distribution, particularly in data centers and critical infrastructure are contributing to the segment's dominant position in the power distribution units market. Moreover, the switched PDU segment is expected to register the highest CAGR during the forecast period.
Based on phase, the power distribution units market is segmented into single-phase and three-phase. In 2024, the three-phase segment is expected to account for the larger share of over 68.0% of the global power distribution units market. Increased demand for three-phase PDUs, particularly for large-scale operations like data centers, industrial facilities, and other environments with high power demands, and the ability of increased power capacity of three-phase PDUs is contributing to the segment's dominant position in the power distribution units market. Moreover, the three-phase segment is expected to register the highest CAGR during the forecast period.
Based on end-use industry, the power distribution units market is segmented into IT & telecom, healthcare, government & defense, BFSI, manufacturing and processing industries, automotive, aerospace & defense, and other end-use industries. In 2024, the IT & telecom segment is expected to account for the largest share of over 32.0% of the global power distribution units market. The increase in the number and size of data centers and the increased number of high-performance servers, storage devices, and networking equipment, which require robust power distribution solutions, are factors contributing to the segment's dominant position in the power distribution units market. However, the manufacturing and processing industries segment is expected to register the highest CAGR during the forecast period.
The power distribution units market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the power distribution units market are ABB Ltd. (Switzerland), Delta Electronics, Inc. (Taiwan), Eaton Corporation (Ireland), Hewlett Packard Enterprise (U.S.), Legrand (France), Leviton Manufacturing Co., Inc. (U.S.), Panduit Corp. (U.S.), Schneider Electric (France), Vertiv Group Corp. (U.S.), Aten International Co., Ltd. (Taiwan), and Socomec (France).
Power Distribution Units Market Assessment-by Type
Power Distribution Units Market Assessment-by Phase
Power Distribution Units Market Assessment-by End-use Industry
Power Distribution Units Market Assessment-by Geography
(Note: SWOT analysis of the top 5 companies will be provided)