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The data center rack PDU market is likely to reach around $1.5 billion by 2024NEW YORK, Aug. 14, 2019 /PRNewswire/ -- The data center rack PDU market is likely to reach around $1.5 billion by 2024, growing at a CAGR of approximately 7% during 2018–2024. Read the full report: https://www.reportlinker.com/p05806361/?utm_source=PRN The emergence of edge computing facilities is expected to boost the demand for rack PDUs after 2022. Although the demand for reducing energy consumption in data centers is increasing the adoption of PDU worldwide, the increase in the rack power density is one of the primary factors boosting the data center rack PDU market. The metered PDU segment is expected to grow at a CAGR of around 5% during the forecast period. Several data center operators will consider procuring metered PDUs during the forecast period as the awareness toward metering customer racks is growing, especially in developing economies. The shipment of metered PDU solutions is likely to increase during the forecast period. The demand for monitored rack PDUs is growing as they aid in remote monitoring of single- or three-phase voltage, frequency, and load levels in the real-time. Market Segmentation by End-user • Colocation data center • Enterprise data center Market Segmentation by Type • Basic PDU • Metered PDU • Monitored PDU • Managed/switched PDU Data Center Rack PDU Market: Geography The EMEA region accounted for the major market share in 2018 and is expected to grow at a CAGR of around 6% during the forecast period. The implementation of GDPR in Europe and the increased demand for data center services due to the growing adoption of cloud, big data, and IoT technology are driving the data center rack PDU market in EMEA. The growth in hyperscale data center construction will increase the demand for intelligent PDU solutions is expected to drive the rack PDU market in the Nordic region. Equinix, Digital Realty, Facebook, Google, Coresite, CyrusOne, DataBank, Tier Point, and Switch are major data center investors contributing to the growth of the data center rack PDU market in the US. The growing construction of data center facilities in the US is likely to increase the growth of the rack PDU market.In the Americas, the data center development in the US and Canada will mostly be of Tier III and Tier IV standards. In Latin America, colocation and telecommunication service providers are the major contributors to the market revenue along with hyperscale cloud data center developers. Market Segmentation by Geography • Americas o US o Canada o Latin America • EMEA o Western Europe o Nordic Region o Central & Eastern Europe o Middle East & Africa • APAC o China & Hong Kong o Australia & New Zealand o Southeast Asia o India o Rest of APAC Key Vendor Analysis The increase in procurement of advanced IT infrastructure solutions to support the growth in application workloads has led to an increase in the rack power density. Most vendors in the data center rack PDU market are involved in offering basic PDU, metered PDU, monitored PDU, and switched/managed PDU solutions. They are competing in terms of pricing, configuration, and features. Further, the availability of local vendors and the procurement of ODM or customized PDU products will also lead to low-cost offerings of PDU solutions, which will lead to the increased competition among prominent vendors in the market. Prominent Vendors • Eaton • Hewlett Packard Enterprises (HPE) • Legrand • Rittal • Schneider Electric • Vertiv Other Prominent Vendors • ATEN • Austin Hughes • Black Box Network Services • Chatsworth Products • Cisco Systems • Conteg • Crenlo • CyberPower Systems • Delta Group • DigiPower • Enlogic • Leviton • Panduit • Prism Enclosures • Rack Solutions • Retex • Siemon • Socomec Group • Tripp Lite Key Market Insights This market research report included the following insights: • Offers market sizing and growth prospects of the data center rack PDU market for the forecast period 2019–2024 • Provides comprehensive insights on the latest industry trends, market forecast, and growth drivers in the data center rack PDU market • Includes a detailed analysis of market growth drivers, challenges, and investment opportunities • Delivers a complete overview of market segments and the regional outlook of the data center rack PDU market • Offers an exhaustive summary of the vendor landscape, competitive analysis, and key market strategies to gain a competitive advantage in the data center rack PDU market Read the full report: https://www.reportlinker.com/p05806361/?utm_source=PRN About Reportlinker __________________________
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