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Demand for Remotely Monitored PDU to Increase in Global PDU Market: TMR

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.

 

Browse Full Global PDU Market Report With Complete TOC @ http://www.transparencymarketresearch.com/power-distribution-unit-market.html

 

 

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.

 

Request A Sample Of This Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4384

 

 

About Us

 

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

 

 

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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