Power Distribution Unit Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029

Growing Data Centers to boost the demand for Power Distribution Unit Market

The power distribution unit market worldwide is expected to grow with a CAGR of 5.9% during the forecast period from 2021 to 2029, starting from US$ 2.24 Bn in 2020. Rising data centers are driving the demand for power distribution units worldwide. Growing power supply concerns and for the reduction of energy losses the demand for power distribution unit is increasing, which helps the market growth. Power distribution units have various benefits includes decrease the effect of carbon emission, real time data collection, remote monitoring and others, which are driving the growth of the market. Thus, we expect that the power distribution unit market will show significant growth throughout the forecast period.

Three Phase Segment will Continue its Dominance

The power distribution unit market by phase is segmented into single phase and three phase. Three-phase segment has largest share in 2020 with more than 1/2 of the market revenue share in the same year. Three phase power distribution units are majorly used at data centers and cabinets for load balance of all power points. Low cost, low installation time, loss minimizing and others are some of the benefits of three-phase power distribution unit, which are driving the growth of the market. As a result, we expect that three-phase segment will continue its dominance in the power distribution unit market throughout the forecast period from 2021- 2029.

North America will continue its Dominance

In 2020, North America led the power distribution unit market followed by Europe and Asia Pacific. North America contributes for nearly 1/3rd of the market share in the same year. Growing data centers in the region is the factor for the dominance of North America region. The U.S. was the largest contributor owing to highest number of data centers and growing investments for IT industry. Early technological adoption in the region is also one of the major factor driving the growth of the region. Therefore, we expect that North America will continue its dominance during the forecast period in the power distribution unit market.

Some of the prominent players operating in the power distribution unit market Schneider Electric SE, Eaton Corporation PLC, ABB Ltd., Cisco Systems, Inc., CyberPower Systems, Inc., Tripp Lite, Leviton Manufacturing Company, Inc., Enlogic Systems LLC, Legrand SA Hewlett Packard Enterprise among others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2019 to 2029 considering 2020 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2021 to 2029.

Report Scope by Segments

The power distribution unit market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global power distribution unit market based on type, phase, power rating, end-user and geography. Key segments covered in the report are as follows:

Type (2019-2029; US$ Bn)

• Metered
• Switched
• Monitored
• Automatic Transfer Switch
• Hot Swap
• Dual Circuit
• Basic

Phase (2019-2029; US$ Bn)

• Single Phase
• Three Phase

Power Rating (2019-2029; US$ Bn)

• Up to 120 V
• 120- 240 V
• 240- 400 V
• Above 400 V

End-user (2019-2029; US$ Bn)

• Telecom & It
• BFSI
• Healthcare
• Energy
• Manufacturing & Processing Industry
• Government & Defense
• Automotive

Geography Segment (2019-2029; US$ Bn)

• North America (U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (Middle East & Africa, Latin America)

Key questions answered in this report

• What was the market size of power distribution unit in 2020 and forecast up to 2029?
• Which is the largest regional market for power distribution unit?
• What are the major trends followed in overall power distribution unit across different regions?
• Who are the key power distribution unit companies leading the market?
• What are the key strategies adopted by the leading power distribution unit companies in market?

Unique data points of this report

• Recent trends across different regions in terms of adoption of power distribution unit across various applications
• Notable developments going on in power distribution unit market
• Attractive investment proposition for segments as well as geography
• Comparative scenario for all the segments for years 2020 (actual) and 2029 (forecast)

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