Power Distribution Unit Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Power Distribution Unit Market
The power distribution unit market size was valued at USD 3.31 billion in 2022, and the market is now projected to grow from USD 3.74 billion in 2023 to USD 9.84 billion by 2030, exhibiting a CAGR of 14.8% during the forecast period of 2023-2030.
Power distribution unit market growth was affected by the COVID-19 pandemic and supply chains were interrupted resulting in manufacturing delays and cost hikes. Lockdowns that started with COVID-19 propelled new data centres for the need of PDUs with remote monitoring owing to work from home. Lockdown measures and social distancing affected data center initiatives that caused PDU installation slowdowns. The level of uncertainties in the economy meant that firms began questioning their plans to invest in data centers.
Essentially, the power distribution unit market share is gradually becoming increasingly important because of the expansion in the data center market caused by the constant expansion of multiple digital services. Modern data centers comprise high power distribution densities and consequently, energy distribution should be done. These dual power approaches mean that PDU solutions are elaborate. Traditional PDUs ensure that users get constant power distribution to fit the different IT equipment demands, while smart PDUs help the operators manage energy costs.
Besides, the application of AI in the management of PDUs to improve the distribution of power as well as the usage of power. These PDUs perform data analysis to identify patterns of equipment failures, relevant maintenance notifications and enhanced utilization of assets. AI algorithms allow the immediate tweaking of the allocation of power across homes and mitigating the wastage of electricity. This trend applies to predictive maintenance schedules and cost control, making consumers prefer smart intelligent PDUs.
Comprehensive Analysis of Power Distribution Unit Market
The power distribution unit market and semiconductor & electronics industry are rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the semiconductor & electronics industry. These segmentations are methodically segregated by types, by power phase and by applications. The type include, Basic, Metered, Switched, Intelligent and Others. The power phase includes, Single Phase and Triple Phase. The application includes, Data Centers, Laboratories, Commercial Application and Others.
The Asia Pacific will dominate the PDU market due to data center growth in India, China and Japan. China, which is also one of the major segments, will experience significant growth due to increasing industrial RFID implementation and its manufacturing sector that focuses on electronics and automotive devices. China's significant investments in digital infrastructure and data centers further fuel market expansion.
The top players in the market play a crucial role in the semiconductor & electronics industry assuring industrial prospectus growth and setting market standards. These players include, 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), Siemens AG (Germany) and Vertiv Group Corp. (U.S.). These market players provide a level-playing competitive landscape.
In August 2023, Panduit Corp connected with Cisco Nexus Dashboard to incorporate the innovative intelligent power distribution unit IPDU. This partnership enhanced the capabilities of data centre managers in terms of energy consumption and cost, as well as carbon footprint in both own and multi-cloud setups.
Segmentation Table
Global Power Distribution Unit Market Scope
Study Period 2019-2030
Base Year 2022
Forecast Period 2023-2030
Growth Rate CAGR of 14.8% from 2023 to 2030
Historical Period 2019-2021
Unit Value (USD Billion)
Segmentation By Type, Power Phase, Application, and Region
By Type Basic
Metered
Switched
Intelligent
Others
By Power Phase Single Phase
Triple Phase
By Application Data Centers
Laboratories
Commercial Application
Others
By Region North America (By Type, By Power Phase, By Application, and By Country)
U.S. (By Application)
Canada (By Application)
Latin America (By Type, By Power Phase, By Application, and By Country)
Mexico (By Application)
Brazil (By Application)
Rest of Latin America
Europe (By Type, By Power Phase, By Application, and By Country)
U.K. (By Application)
Germany (By Application)
France (By Application)
Italy (By Application)
Russia (By Application)
BENELUX (By Application)
Nordics (By Application)
Rest of Europe
Middle East & Africa (By Type, By Power Phase, By Application, and By Country)
GCC Countries (By Application)
South Africa (By Application)
Rest of the Middle East & Africa
Asia Pacific (By Type, By Power Phase, By Application, and By Country)
China (By Application)
India (By Application)
Japan (By Application)
South Korea (By Application)
ASEAN Countries (By Application)
Rest of Asia Pacific