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Attractive Growth Opportunities in Intelligent PDU Market



The intelligent PDU market was valued at USD 1.24 Billion in 2017 and 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 intelligent PDU market for this industry.

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The intelligent PDU market for the application in datacenters is expected to grow at a high rate between 2017 and 2023. A datacenter is a facility in which data is stored in servers and other such data storage devices, which are managed using computer networks. The datacenter applications considered in this segment is pertaining to colocation facilities, wherein equipment, space, and bandwidth could be rented out to retail customers. These facilities have all amenities required to store huge volumes of data in a secure way, and this data can be accessed whenever required. Owing to continuous technological advancements, most business operations have gone digital, generating a huge volume of digital data. Companies heavily rely on the data to keep a track of their operations on a continuous basis. Hence, the data is required to be stored in a safe location; in such cases, the data is stored in colocation centers. A colocation center is not only a simple data storage facility but also a center with a number of complex IT infrastructure; it acts as a repository for IT equipment, including servers, storage subsystems, networking equipment, switches, routers, firewalls, cables, and physical racks used to organize and interconnect the IT equipment, which requires a continuous supply of power for uninterrupted operations. The power infrastructure includes PDUs, uninterruptable power supplies, and backup generators.

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News Release: Attractive Growth Opportunities in Intelligent PDU Market
Submitted on: February 11, 2019 11:05:40 AM
Submitted by: chandrakant palle
On behalf of: www.marketsandmarketsblog.com/
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