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Power Distribution Unit Market Is Expected to Reach $7.9 Billion by 2030: Says AMR

·4-min read

Rise in demand for stable power and increase in focus toward reducing energy losses drive the growth of the power distribution unit market. Based on type, the metered PDU segment accounted for the major share in 2020. By region, on the other hand, the market across Asia-Pacific would register the fastest CAGR by 2027.

Portland, OR, Dec. 09, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global power distribution unit market was estimated at $4.1 billion in 2020 and is expected to hit $7.9 billion by 2030, registering a CAGR of 6.9% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends.

Rise in demand for stable power and increase in focus toward reducing energy losses drive the growth of the power distribution unit market. On the other hand, space constraint & complex wiring systems with increasing number of power distribution units restrain the growth to some extent. However, surge in number of data centers across the globe is projected to create lucrative opportunities in the industry.

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COVID-19 scenario-

  • During the pandemic, the trend of work-from-home has been highly effective for non-manufacturing sectors, which in turn gave way to utilization of more spaces in data centers. This factor augmented the demand for power distribution units.

  • However, dearth of raw materials hampered the production rate of power distribution unit, thereby giving a mixed impact to the global power distribution unit market.

The global power distribution unit market is analyzed across type, phase, end-user industry, and region.

Based on type, the metered PDU segment accounted for more than one-fourth of the total market share in 2020, and is expected to rule the roost by 2030. The monitored PDU segment, however, would garner the fastest CAGR of 7.4% throughout the forecast period.

Get detailed COVID-19 impact analysis on the Power Distribution Unit Market Request Here

Based on phase, the three segment contributed to nearly three-fifths of the total market revenue in 2020, and is projected to lead the trail by 2030. The same segment would also exhibit the fastest CAGR of 7.0% during the forecast period.

Based on region, the market across North America held the major share in 2020, garnering around two-fifths of the global market. Asia-Pacific, on the other hand, would manifest the fastest CAGR of 9.2% throughout the forecast period.

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The key market players analyzed in the global power distribution unit market report include Siemon, Leviton, Siemens, Cyber Power systems, Nvent, Powertek, Eaton, Schneider, Raritan, and Vertiv group. These market players have adhered to several strategies including partnership, expansion, collaboration, joint ventures, and others to prove their flair in the industry.

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About us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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