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Redding, California - July 17, 2024

Power Distribution Units (PDUs) Market to be Worth $6.2 Billion by 2031

Power Distribution Units Market Size, Share, Forecast, and Trends Analysis 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

Meticulous Research^®—a leading global market research company, published a 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’

According to this latest publication from Meticulous Research^®, the power distribution units market is projected to reach $6.2 billion by 2031, at a CAGR of 7.1% from 2024 to 2031. The growth in this market is driven by factors such as rising concern over power stability for uninterrupted business operations, the increasing number of data centers and growing power distribution unit installation to minimize energy wastage. Additionally, the rising penetration of advanced cloud computing in organizations is expected to provide opportunities for market growth. However, limitations of PDUs to manage extreme voltages and high current fluctuations can restrain the growth of the market. High costs associated with the installation of PDUs and safety & security concerns of intelligent PDUs poses challenges for market growth.

The power distribution units market is segmented by type, phase, and end-use industry. The study further evaluates industry competitors and analyzes the regional and country-level markets.

Based on type, the power distribution units market is segmented into basic PDUs, metered PDUs, monitored PDUs, switched PDUs, and other PDU types. In 2024, the switched PDUs segment is expected to account for the largest share of the over 31% of the global power distribution units market. The large market share of this segment is attributed to its ability to disconnect, remotely monitor, and connect to data center loads, a rising need to manage critical loads, avoid wasted power, ensure equipment is plugged in to the correct phase, and schedule downtime for power re-balancing.

Moreover, the switched PDUs segment is expected to record the highest CAGR during the forecast period. The growth in this segment is driven by the rising need for switched PDUs for efficient and flexible power distribution, and management of data centers.

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% of the global power distribution units market. The large market share of this segment is attributed to the widespread use of three-phase power by large consumer bases such as data centers, laboratories, and military & defense where secure power supplies are required. Moreover, three-phase power provides more balanced power loads and allows a greater flow of power into a server racks in data center, thus propelling segment growth.

The three-phase segment is expected to record the highest CAGR during the forecast period. The growth in this segment is driven by rising Using three-phase PDUs helps support high-density IP applications while lowering the costs associated with delivering power through cables.

Based on end-use industry, the power distribution units market is segmented into IT & telecom, healthcare, government agencies, BFSI, manufacturing & 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% of the global power distribution units market. The large market share of this segment is attributed to the rising use of PDUs in data centers & telecommunication facilities to provide efficient power distribution, remote monitoring, enhanced reliability, reduced energy consumption, scalability, and flexibility.

However, the manufacturing & processing industries segment is expected to record the highest CAGR during the forecast period. The growth in this segment is driven by rising need of PDUs in manufacturing facilities, factories, and warehouses to effectively manage power distribution to heavy machinery, production lines, and various industrial equipment facilitating reliable and secure electrical power distribution.

Based on geography, the power distribution units market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of over 48% of the power distribution units market. The large share of this regional market is attributed to the administration initiatives to boost the IT infrastructures ecosystem, rising demand for efficient power management solutions in data centres, and the increase in concerns over energy stability for uninterrupted commercial operations.

However, the Asia-Pacific region is expected to record the highest CAGR of 7.6% during the forecast period. The growth of this regional market is driven by rising IT & Telecommunication industry in India, China, increasing mobile phone infiltration, internet usage, and digital connectivity, along with the rise in power distribution unit installations for minimizing energy wastage, and a rising demand of PDUs to enable efficient power distribution within manufacturing environments, supporting production processes and operational efficiency.

Key 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 Holdings Co. (U.S.), Aten International Co., Ltd. (Taiwan), and Socomec (France).

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Key questions answered in the report-

Which are the high-growth market segments based on type, phase, and end-use industry?
What was the historical market for power distribution units?
What are the market forecasts and estimates for the forecast period of 2024–2031?
What are the major drivers, restraints, and opportunities in the power distribution units market?
Who are the major players, and what shares do they hold in the power distribution units market?
How is the competitive landscape in the power distribution units market?
What are the recent developments in the power distribution units market?
What are the different strategies adopted by the major players in the power distribution units market?
What are the key geographic trends, and which are the high-growth countries?
Who are the local emerging players in the global power distribution units market, and how do they compete with the other players?

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Redding, California - July 17, 2024

Power Distribution Units (PDUs) Market to be Worth $6.2 Billion by 2031

Power Distribution Units Market Size, Share, Forecast, and Trends Analysis 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

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