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Power Distribution Unit Market 2023-2032: Opportunity Assessment, Global Outlook, Recent Trends And Major Players | Schneider Electric SE, Eaton Corporation PLC, ABB Ltd., Cisco Systems Inc., Legrand SA
Power Distribution Unit Market
The Business Research Company's Power Distribution Unit Global Market Report 2023 identifies An increasing number of data centers as the major driver for the Power Distribution Unit Market's growth in the forecast period. A data center is a physical structure that houses critical applications and data. A power distribution unit (PDU) provides standard electrical outlets for data center equipment.
The global power distribution unit market is expected to grow from $3.12 billion in 2022 to $3.46 billion in 2023 at a compound annual growth rate (CAGR) of 10.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The power distribution unit market is expected to grow to $5.07 billion in 2027 at a CAGR of 10.1%.
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Major competitors in the power distribution unit market are Schneider Electric SE, Eaton Corporation PLC, ABB Ltd., Cisco Systems Inc., Legrand SA, Leviton Manufacturing Co. Inc., Schneider Electric SE, Tripp Lite, Vertiv Group Corp., Enlogic Systems LLC. , Siemens AG, Hewlett Packard Enterprise, Elcom International Private Limited, Panduit, and Chatsworth Products.
A key trend in the Power Distribution Unit Market includes Consumer preference for intelligent AI-driven PDU. Companies are coming up with innovative smart power distribution units to meet consumer demands. For instance, in June 2022, MetraAV, a US-based commercial, and residential integration products manufacturer launched Big Dog Power Smart Power Distribution Unit (PDU) to solve technical issues The unique features of the product include remote control, smart home integration, surge protection, and rack temperature control, among others.
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The Business Research Company's "Global Power Distribution Unit Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Power Distribution Unit Market Include:
1. Executive Summary
2. Power Distribution Unit Market Characteristics
3. Power Distribution Unit Market Trends And Strategies
4. Power Distribution Unit Market - Macro Economic Scenario
5. Power Distribution Unit Market Size And Growth
……
26. Africa Power Distribution Unit Market
27. Power Distribution Unit Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Power Distribution Unit Market
29. Power Distribution Unit Market Future Outlook and Potential Analysis
30. Appendix
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