NEW
YORK, July 3, 2024 /PRNewswire/ -- The global
data center rack PDU market size is estimated to grow by
USD 983.8 million from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of over 8% during the forecast period. Increasing investments
in data center construction is driving market growth, with a trend
towards growing investments in hyper-scale data centers by
colocation providers. However, increased power consumption in racks
poses a challenge. Key market players include Black Box Ltd.,
Chatsworth Products Inc., Cisco Systems Inc., Cyber Power Systems
Inc., Dell Technologies Inc., Delta Electronics Inc., DigiPower
Manufacturing Inc., Eaton Corp. Plc, Friedhelm Loh Stiftung and Co.
KG, Fujitsu Ltd., Hewlett Packard Enterprise Co., Legrand SA,
Leviton Manufacturing Co. Inc., nVent Electric Plc, Panduit Corp.,
Schleifenbauer Products BV, Schneider Electric SE, Siemens AG,
Toshiba Corp., and Vertiv Holdings Co..
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Data Center Rack PDU
Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
8%
|
Market growth
2024-2028
|
USD 983.8
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
7.25
|
Regional
analysis
|
North America, APAC,
Europe, South America, and Middle East and Africa
|
Performing market
contribution
|
North America at
37%
|
Key
countries
|
US, China, Canada,
Germany, and Italy
|
Key companies
profiled
|
Black Box Ltd.,
Chatsworth Products Inc., Cisco Systems Inc., Cyber Power Systems
Inc., Dell Technologies Inc., Delta Electronics Inc., DigiPower
Manufacturing Inc., Eaton Corp. Plc, Friedhelm Loh Stiftung and Co.
KG, Fujitsu Ltd., Hewlett Packard Enterprise Co., Legrand SA,
Leviton Manufacturing Co. Inc., nVent Electric Plc, Panduit Corp.,
Schleifenbauer Products BV, Schneider Electric SE, Siemens AG,
Toshiba Corp., and Vertiv Holdings Co.
|
Market Driver
The Smart Revolution's data generation surge is driving the need
for more hyper-scale data centers. Notable providers like Amazon,
Microsoft, Google Cloud, and Telekom Malaysia are constructing
these centers, receiving approvals in Malaysia and other regions. These data centers
will empower cloud services and digital adoption, increasing the
demand for rack PDUs. Equinix's entry into Europe, APAC, and the Amerasian markets with
hyperscale data centers further expands this need. Consequently,
the global data center rack PDU market will experience growth
during the forecast period.
The Data Center Rack PDUs market is experiencing significant
growth due to the increasing demand for efficient power management
solutions. Data centers require large amounts of power to operate,
and PDUs help distribute and manage this power to various
equipment. The trend towards more compact and modular data center
designs has boosted the demand for rack PDUs. Additionally, the
rise of edge computing and the Internet of Things (IoT) is driving
the need for remote power management capabilities, further fueling
market growth. Companies are investing in advanced features such as
power metering, monitoring, and automation to optimize energy usage
and reduce costs. Overall, the Data Center Rack PDUs market is
expected to continue its upward trajectory in the coming
years.
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Market Challenges
- The data center rack PDU market faces challenges due to the
increasing power demands and the risks associated with intelligent
rack PDUs. With the growth in data center establishments and the
voluminous power consumption, the need for robust power
distribution solutions becomes crucial. Intelligent rack PDUs,
while offering monitoring capabilities, are subject to device
failures due to metering component malfunctions. This puts data
center operations at risk and could lead to costly server and
storage device failures. Despite their fail-safe design and long
lifecycles, more robust solutions are required to address the
escalating power demands and ensure uninterrupted operations.
- The Data Center Rack PDUs market faces several challenges.
Costs are a significant concern, with high demand for affordable
and efficient power distribution units. Consumption patterns also
pose challenges, as data centers require constant power and
cooling. Additionally, the need for scalability and flexibility is
crucial, as data center requirements continue to evolve. Security
is another challenge, as PDUs must be protected against
unauthorized access and potential cyber threats. Lastly, the
increasing adoption of renewable energy sources and energy
efficiency measures adds complexity to power management in data
centers.
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challenges - Request a sample report!
Segment Overview
This data center rack PDU market report extensively covers
market segmentation by
- Product
- 1.1 Non-intelligent rack PDU
- 1.2 Intelligent rack PDU
- Type
- 2.1 Colocation
- 2.2 Hosting
- Geography
- 3.1 North America
- 3.2 APAC
- 3.3 Europe
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Non-intelligent rack PDU- The data center rack
PDU market is experiencing growth, particularly in the shipment of
basic rack PDUs. This is due to their space-saving and
cost-effective benefits for power delivery to rack equipment. The
increasing adoption of cloud computing by SMEs and their shift to
colocation facilities are driving this growth. SMEs contribute
significantly to retail colocation market revenue, which offers
power infrastructure, cooling solutions, and security. Basic rack
PDUs are favored due to the high costs and operational benefits of
colocation space.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
Research Analysis
The Data Center Rack PDUs (Power Distribution Units) market
plays a crucial role in the digitalization of various industries,
including financial services, healthcare, and IT services. These
intelligent PDUs ensure optimal operation of electronic devices
such as servers and network switches in data centers and Agile Data
Centers. They offer monitoring capabilities for alarm thresholds
and cooling systems, enabling the efficient management of digital
traffic, especially mobile data traffic and IoT platforms.
Cloud-based services and high-speed networks require reliable power
distribution, making PDUs an essential component. Cooling systems
in data centers are vital for the optimal operation of servers and
other IT equipment. Cloud Computing and Digitalization have led to
an increase in the demand for remote access to data centers,
further emphasizing the importance of advanced PDUs with smart
features like Intelligent PDUs and Smart PDUs.
Market Research Overview
The Data Center Rack PDUs (Power Distribution Units) market
encompasses the supply and demand for power management solutions in
data centers. These systems distribute electrical power to various
IT equipment in a rack, ensuring optimal performance and energy
efficiency. The market is driven by the increasing adoption of
cloud computing, colocation, and the growing demand for
high-density computing. Advanced features such as remote
monitoring, automatic transfer switches, and energy metering are
becoming essential in modern data centers. The market is expected
to grow significantly due to the rising need for reliable and
efficient power management solutions. Additionally, the integration
of AI and machine learning technologies in PDUs is expected to
further drive market growth. The market landscape is diverse, with
various types of PDUs available, including basic, metered, and
monitored units. The market is also witnessing the emergence of
modular and containerized PDUs, catering to the needs of
large-scale data centers. Overall, the Data Center Rack PDUs market
is a dynamic and evolving space, driven by technological
advancements and the growing demand for efficient power management
solutions.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product
-
- Non-intelligent Rack PDU
- Intelligent Rack PDU
- Type
-
- Geography
-
- North America
- APAC
- Europe
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio