The
global data center rack power distribution unit (PDU) market is expected to
reach USD 2.04 billion by 2025, according to a new report by Grand View
Research, Inc. In a data center environment, a rack PDU aids in supplying power
to server racks. The rising need for reliable power solutions is one of the key
factor that is anticipated to have a positive impact on the market growth over
the coming years.
The
recent years have observed an increase in the number of data centers that have
faced power outages. This has led to the disruption of business operations and
induced operators to equip their data centers with redundant power units to
ensure higher availability. Furthermore, the increasing espousal of cloud-based
services has encouraged cloud service providers to make investments for
renovating their existing data center facilities and building new facilities,
thereby, driving the data center rack PDU market.
The
adoption of these PDUs with smart features and higher power ratings, especially
switched PDUs that witnessed a substantial progress in 2015, is also expected
to drive the market growth. The demand of remote control, capacity planning,
and power provisioning is increasing with the rising need for automation within
data centers. These functions along with environmental monitoring and security
features that rack PDUs empower drive the market growth.
Organizations
are focusing on procurement of solutions for increasing energy efficiency and
managing power consumption, owing to the increase in power usage. PDU
manufacturers are offering solutions with monitoring capabilities to control
power consumption and ensure better usage of resources. In addition to
decreasing power usage and increasing the efficiency of a data center, the
solutions are also anticipated to reduce an organization's carbon footprint.
In depth research report on Data Center Rack Power
Distribution Unit (PDU) Market
Further key findings from the report suggest:
·
The global data center rack
power distribution unit market exceeded USD 1,000 million in 2016 and is
expected to grow at a CAGR of 6% from 2017 to 2025 owing to an increasing
demand for energy efficient power distribution products.
·
Intelligent PDU is expected to
be the most popular product during the forecast period, as it aids in reducing
power wastage in data centers, and generate revenue exceeding USD 400 million
by 2025
·
The Asia Pacific region is
projected to witness substantial growth over the coming years, owing to
increasing espousal of cloud offerings from the major cloud service providers
and government initiatives that encourage global data center operators to
establish or expand their presence in the region
·
The key players, such as Cyber
Power Systems, APC Corporation,Server Technology,Raritan Inc., Vertiv and
Eaton, dominated the market in 2016, with an increased focus on introducing
novel and innovating products in a bid to face competition.
Grand
View Research has segmented the global data center rack PDU market based on
products and regions:
Data
Center Rack PDU Product Outlook (Revenue, USD Million, 2014 - 2025)
·
Basic PDU
·
Metered PDU
·
Intelligent PDU
·
Switched PDU
Data Center Rack PDU Regional Outlook (Revenue, USD
Million, 2014 - 2025)
·
North America
·
U.S.
·
Canada
·
Europe
·
UK
·
Germany
·
Asia Pacific
·
China
·
India
·
Japan
·
Latin America
·
Brazil
·
Mexico
·
Middle East & Africa
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About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
For more market analysis reports, please visit: http://www.grandviewresearch.com/
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