The global intelligent PDU market size will grow by USD 833.36 million during 2019-2023. This market report provides a detailed analysis of the market by application (data centers, industrial power solutions, and VoIP phone systems) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on many market vendors, including ABB Ltd., Eaton Corp., Legrand SA, Schneider Electric SE, and Vertiv Group Corp.
Key Insights on Intelligent PDU Market - Global Forecast 2019-2023
Browse TOC and LoE with selected illustrations and example pages of on intelligent PDU market
An exponential increase in data traffic and the growing interest in cloud computing have increased investments in data center facilities, which have become an integral part of enterprises. Rising establishments of data centers have increased the demand for power management systems, such as intelligent PDUs. Power management systems are crucial in maintaining continuous operations of data centers and preventing blackouts. Intelligent PDUs are used to monitor voltage, power, and energy at the input and branch circuit level at data center facilities. The critical application of intelligent PDUs in data centers has increased sales of market vendors. This will drive intelligent power distribution unit market growth at a CAGR of over 8% during 2019-2023.
There is also an increase in the popularity of customized intelligent PDUs as they are built to suit the varying physical, electrical, and operator environment and specific applications. This ensures maximum operational efficiency. As the demand for customized intelligent PDUs is increasing, all major players in the market, including Schneider Electric, Marway Power Systems, and Chatsworth Products Inc. (Chatsworth Products), are offering customized products. This is one of the key intelligent PDU market trends that will gain traction during the forecast period. Vendors are also launching new, advanced HDOT PDUs to overcome challenges faced by the data center power industry. HDOT PDUs increases outlet density by 20% compared with traditional PDUs in the same form factor. PDUs equipped with HDOT outlets have a longer life span and increased operational efficiency. In addition to investments in data centers, this trend is also expected to influence the intelligent PDU Market growth over the forecast period.
Top Companies in Intelligent PDU Market
The global market is moderately concentrated. To help clients improve their market positions, this intelligent PDU market forecast report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. This intelligent PDU market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
The report offers a detailed analysis of several leading intelligent PDU manufacturers, including:
Schneider Electric SE
Vertiv Group Corp.
Intelligent PDU Market by Application
Industrial power solutions
VoIP phone systems
The data centers segment held the largest market share in 2018. The segment will account for the highest intelligent PDU share over the forecast period. The rising number of data centers because of the need to manage the significant amount of data and increasing deployment of edge computing will boost the growth of the market segment during the forthcoming years. This report provides an accurate prediction of the contribution of all the segments to the growth of the intelligent PDU market size.
Intelligent PDU by Region
With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest share of the intelligent PDU market throughout the forecast period. Factors such as increasing investments in data centers and exponential growth of IP traffic are contributing to intelligent PDU industry growth in this region.
Major Highlights of the Intelligent PDU Market - Global Forecast 2019-2023
CAGR of the market during the forecast period 2019-2023
Detailed information on factors that will accelerate the growth of the intelligent PDU during the next five years
Precise estimation of the global intelligent PDU market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the intelligent PDU industry across APAC, Europe, MEA, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details of factors that will challenge the growth of intelligent PDU companies
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch