PUNE, India, February 23, 2023 (GLOBE NEWSWIRE) — The global Power Distribution Unit (PDU) Market. The size is projected to reach US$7.32 billion by 2028 and show a CAGR of 13.8% over the forecast period. Increasing demand for data center monitoring solutions is expected to fuel the market growth due to increasing amount of data worldwide. Insights into the Fortune businessTMhas presented this information in its report entitled “Power Distribution Unit (PDU) Market), 2021-2028. The market size was USD 2.66 billion in 2020. The increasing demand for data centers is one of the main drivers of the PDU market.
The increasing acceptance of cloud-based services, big data analytics and the Internet of Things (IoT) has led to exponential growth of data centers worldwide. PDUs are an essential part of these data centers and ensure reliable power supply to critical IT infrastructure. Furthermore, increasing consumer preference for intelligent power distribution units powered by artificial intelligence (AI) is expected to drive the market growth in the coming years. The accurate monitoring capabilities of AI-driven PDUs are a key driver of demand. Another important driver of the PDU market is the increasing awareness of energy efficiency. PDUs help reduce energy consumption and minimize carbon emissions by optimizing power distribution and reducing waste.
Get a Free Sample Research PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/power-distribution-unit-market-100424
List of the major players in the Global Power Distribution Unit (PDU) Market:
- Schneider Electric SE (Rueil-Malmaison, France)
- Eaton Corporation PLC (Dublin, Ireland)
- ABB Ltd. (Zurich, Switzerland)
- Cisco Systems Inc. (California, USA)
- Vertiv Group Corp (Ohio, USA)
- APC by Schneider Electric (Rhode Island, USA)
- Hewlett Packard Enterprise (Texas, USA)
- Siemens AG (Munich, Germany)
- Raritan Inc. (New Jersey, USA)
- Server Technology Inc. (Nevada, USA)
- Tripp Lite (Illinois, USA)
- Leviton…
[ad_2]
Source story
