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Discussing the factors impacting the growth of the global PDU market,
the report points out that an increase in demand for data centers and
the need to reduce the operational cost of data centers have boosted
the overall PDU market.Product innovation, coupled with large-scale
production, is also expected to augment the growth of the global PDU
market. Economic growth in emerging markets will further drive the
demand for power distribution units during the forecast horizon.
However, the report states that the high commercial and operations
price of PDU failure and increased complexity of data center servers
will restrain the overall market. The global PDU market has a huge
opportunity to grow with innovations in power distribution units. New
regulations for assuaging environmental and data privacy concerns
will open new avenues for growth of the market.
The global PDU market is primarily driven by an increase in the
amount of data generated globally.
Growing population across the globe, in turn, is increasing the
amount of data being generated across various sectors such as Telecom
& IT and Banking, Financial Services and Insurance (BFSI), and
Government among others. Generation of data is triggered by multiple
factors such as an increase in penetration of process automation in
the power industry, rising volume of unstructured data from
operations and increase in volume of machine sensor data among
others. Increasing volume of data has automatically increased the
demand for data centers across the globe. Furthermore, the overall
economic growth, increase in the number of internet users and
increasing preference for online shopping globally has increased the
demand for data centers. Additionally, increased acceptance of cloud
computing and virtualization across all industry verticals globally
has also increased the demand for data centers. The increase in
demand for data centers has positively impacted the PDU market. Data
centers rely heavily on PDUs for distribution of power to network
components of a server rack. Furthermore, PDUs are also used to track
power usage by each component of the rack and for reduction of the
overall power consumption throughout data centers. Moreover, PDUs can
help to minimize the downtime of servers and thus increase uptime.
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Considering all these positive impacts, demand for the PDU is set to
rise during the forecast period from 2015 to 2021.
In 2014, telecommunication and information technology was the largest
application segment and accounted for a 31.3% share in the market.
The growth of this application segment can be attributed to the
increasing number of internet users worldwide and rising acceptance
of online shopping in emerging economies such as India and China. The
demand from telecommunication and IT is expected to drive the demand
from the market in the near future.
North America was the largest regional market for PDU in 2014 and
accounted for a 35.8% market share. Increased adoption of cloud
computing and server virtualization is expected to drive the demand
from the PDU market in North America.
Some of the key players in the global PDU market are Cisco Systems,
Tripp Lite, Raritan Inc., Eaton Corporation, Cyber Power Systems,
Server Technology Inc., and Schneider Electric.
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