Global Data Center Rack PDU Market Size By Phase, By Mounting, By Application, By Geographic Scope And Forecast
Published on: 2024-08-06 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Data Center Rack PDU Market Size By Phase, By Mounting, By Application, By Geographic Scope And Forecast
Data Center Rack PDU Market Size And Forecast
Data Center Rack PDU Market size was valued at USD 1.77 Billion in 2023 and is projected to reach USD 3.03 Billion by 2030, growing at a CAGR of 8.01% during the forecast period 2024-2030.
Global Data Center Rack PDU Market Drivers
The market drivers for the Data Center Rack PDU Market can be influenced by various factors. These may include
- Growing Need for Data Storage The amount of data generated and stored has significantly increased as a result of the development of cloud computing, big data analytics, and the Internet of Things (IoT). This increases the need for additional data centers, which raises the price of rack PDUs.
- Increasing Energy Prices Data centers are some of the biggest users of electricity, and a sizeable portion of their running costs can be attributed to energy costs. Data centers can lower their energy expenses and usage by utilizing rack PDUs with energy-efficient features like power management and monitoring.
- Growing Emphasis on Energy Efficiency The environmental effects of data centers are becoming more widely recognized, in addition to the financial savings. Data centers can lower their carbon footprint and comply with regulations by using energy-efficient rack PDUs.
- Growing Use of Cloud Services Demand for data center services, such as rack PDUs, is anticipated to rise as more companies shift their IT infrastructure to the cloud.
- Technological Developments The market is expanding because to developments in rack PDU technology, such as the incorporation of intelligent features like remote management and monitoring.
- Growing Demand for Colocation Services Colocation centers, which give clients’ servers room, electricity, and cooling, are getting more and more well-liked. The need for rack PDUs in colocation facilities is being driven by this trend.
- High-Density Servers These servers are being used increasingly frequently in data centers because they can fit more processing power into a smaller area. Rack PDUs with higher power densities are in greater demand as a result of these servers’ increased need for cooling and electricity.
- Edge Computing is on the Rise Edge computing, which processes data closer to its point of generation, is becoming more common. Rack PDUs that are more compact and efficient are becoming more and more necessary for edge computing applications.
Global Data Center Rack PDU Market Restraints
Several factors can act as restraints or challenges for the Data Center Rack PDU Market . These may include
- High Initial Cost Installing rack PDUs in data centers can be expensive, particularly if you go for more modern ones that have features like intelligent management and monitoring capabilities.
- Technological Challenges PDU manufacturers may find it difficult to keep up with the quickly advancing state of technology and to ensure interoperability with various components of the data center infrastructure.
- Requirements for Energy Efficiency Data centers are under pressure to increase energy efficiency, which might make it difficult for rack PDU suppliers to create goods that satisfy these specifications without sacrificing performance.
- Security Issues As data centers becoming more networked, security is becoming a bigger issue. To fend off cyberattacks, rack PDUs need to be built with strong security measures.
- Regulatory Compliance Rack PDU manufacturers may be constrained by the need to comply with a number of regulatory standards and certifications, including UL, CE, and RoHS, as non-compliance may restrict market access.
- Competition There are several suppliers offering a wide range of rack PDUs, making the market extremely competitive. Price pressure and lower profit margins may result from this competition.
- Limited Innovation Some suppliers may find it difficult to make research and development investments, which would limit the introduction of new and sophisticated features, even in spite of the need for innovation in rack PDU technology.
- Infrastructure Restrictions The installation of rack PDUs may be hampered by data centers’ current infrastructure, which may include space limitations or antiquated electrical systems.
Global Data Center Rack PDU Market Segmentation Analysis
The Global Data Center Rack PDU Market is Segmented on the basis of Phase, Mounting, Application, And Geography.
Data Center Rack PDU Market, By Phase
- Single-Phase PDUs For single-phase power environments (smaller data centers, edge computing).
- Three-Phase PDUs For three-phase power environments (larger data centers, higher capacity and efficiency).
Data Center Rack PDU Market, By Mounting
- Horizontal PDUs Mounted horizontally in the back of racks, suitable for low-density applications.
- Vertical PDUs Mounted vertically on the side of racks, ideal for high-density applications.
Data Center Rack PDU Market, By Application
- IT Racks Designed for housing servers, network equipment, and other IT gear.
- Power Distribution Units (PDUs) Used for distributing power to multiple racks or rows.
Data Center Rack PDU Market, By Geography
- North America Market conditions and demand in the United States, Canada, and Mexico.
- Europe Analysis of the Health Care Credentialing Software Market in European countries.
- Asia-Pacific Focusing on countries like China, India, Japan, South Korea, and others.
- Middle East and Africa Examining market dynamics in the Middle East and African regions.
- Latin America Covering market trends and developments in countries across Latin America.
Key Players
The major players in the Data Center Rack PDU Market are
- Schneider Electric
- Vertiv
- Eaton
- Legrand
- CyberPower Systems
- Tripp Lite
- Raritan (Legrand)
- Server Technology (Legrand)
- Cisco
- Hewlett Packard Enterprise (HPE)
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2020-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2020-2022 |
Unit | Value (USD Billion) |
Key Companies Profiled | Schneider Electric, Vertiv, Eaton, Legrand, CyberPower Systems, Raritan (Legrand), Server Technology (Legrand), Cisco, Hewlett Packard Enterprise (HPE) |
Segments Covered | By Phase, By Mounting, By Application, And By Geography |
Customization scope | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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