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Power Distribution Unit Market : Key Players and Production Information analysisThe top five players in the global power distribution unit (PDU) market held a share of nearly 61% in 2015, rendering its vendor landscape consolidated. These companies are Cyber Power Systems, Inc., Emerson Electric Co., Raritan, Server Technology, and Schneider Electric. Despite the prevailing consolidation, fierce rivalry exists among the market players, finds Transparency Market Research (TMR) in a new study. It is therefore observed that these companies are focusing on product development to cater to the dynamic consumer preference. Besides this, many of them are focusing on research activities, innovations, and exploring novel technologies to strengthen their foothold. As per TMR, the global power distribution unit market is expected to reach US$2.26 bn by the end of 2024. Its valuation in 2015 was US$1.14 bn and between 2016 and 2024, the market is expected to demonstrate a CAGR of 7.9%. Obtain Report Details @ https://www.transparencymarketresearch.com/pressrelease/power-distribution-unit-market.htm In terms of revenue, the IT and telecom sector emerged dominant with a share of 31.3% in the overall market in 2015. Regionally, North America emerged dominant with a share of 35.7% in the global market in 2015. However, Asia Pacific is likely to showcase the most lucrative opportunities during the forecast period. The rising internet penetration is the key factor behind the spiraling number of internet users worldwide. According to the United Nations International Telecommunication Union, around 3.43 billion users were estimated in 2016 as compared to the 1 billion internet users in 2015. This shows the massive growth in the internet usage, which also implies the tremendous volume of data generated in the last decade. “With internet foraying in industries such as BFSI, IT & telecommunication, healthcare, and government, the demand for power distribution unit is unlikely to suppress in the coming years,” observed the TMR report’s author. Also these industries have shown keenness towards automating operation, which in turn will translate into lucrative opportunities for the deployment of power distribution units. Make an Enquiry @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4384 On the downside, the high cost of power distribution units is acting against the market’s growth targets. The market players are also reeling under the presence of compatibility issues due to the increased complexity of data centers. Nevertheless, with recent innovations such concerns can be easily mitigated with. Better features are being developed to help public distribution units cope with the dynamic environment in data centers. Also in the near future, favorable government regulations will help augment the demand in the market. For instance, environmental protection laws will promote the deployment of energy-efficient equipment, which in turn will boost scope for the global power distribution unit market. Get ToC@ https://www.transparencymarketresearch.com/report-toc/4384 About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement. Contact Transparency Market Research 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments. |