The intelligent
PDU market is expected to reach USD 2.01 Billion by 2023, at a CAGR of 8.4%
between 2017 and 2023. Factors that are driving the growth of the market
include the increasing demand for high-power capacities in high-power density
environments, rising demand for intelligent products in datacenters, and
growing environmental and safety concerns in developed countries.
The
market for hot-swap intelligent PDUs is expected to grow at a high rate between
2017 and 2023. Hot swap is a type of intelligent PDUs that switches between the
sources of power that are connected to the equipment while it is running, and
both the power sources are operational. The major use of hot-swap PDUs is in
datacenters, and this type is considered as one of the most advanced versions
of intelligent PDUs. Sectors such as telecom & IT, smart manufacturing, and
governments, which are involved in the heavy usage of datacenter applications,
are expected to contribute to the growth of the market for hot-swap PDUs.
The
market for single-phase intelligent PDUs is expected to grow at a high rate
between 2017 and 2023. These PDUs are used for applications wherein heavy power
source is not required. Single-phase intelligent PDUs are low-cost and hence,
are preferred by entry-level customers. The average cost of a single-phase PDU
is 25–40% less than that of a three-phase PDU. As the intelligent power
distribution unit (PDU) market in APAC and RoW is not widely explored,
industries in these regions prefer single-phase PDUs as entry-level PDUs.
Single-phase intelligent PDUs are also used for a variety of applications,
including small- and medium-level datacenters, educational institutes, and
local offices. These factors contribute to the growth of the market for
single-phase intelligent PDUs.
The
intelligent PDU market for telecom & IT industry is expected to grow at a
high rate between 2017 and 2023. The ongoing developments in cloud and
communications technologies constitute one of the major factors responsible for
the growth of the market for this industry. Digitalization of data is
boosting the demand for datacenters worldwide. With the increasing number of
datacenters in the telecom & IT industry, the adoption of intelligent PDUs
is also rising. The lifestyle of the present generation is very much connected
with the usage and development of IT. The application of intelligent PDUs in IT
infrastructure and datacenters is driving the growth of the market for this
industry.
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Major
factors restraining the growth of the intelligent PDU market include the higher
implementation cost of an intelligent PDU than a basic PDU and rising density
of bigger datacenters. Key market players such as Cyber Power Systems (US),
Raritan (US), Schneider Electric (France), Vertiv (US), Eaton (Ireland) have
adopted strategies such as product launches and developments, agreements,
expansions, collaborations, partnerships, and acquisitions to gain a
competitive edge in the market and expand their distribution networks.
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