The power distribution unit market is estimated to be USD 3.9 billion in 2022 to USD 5.7 billion by 2027, at a CAGR of 7.9% during the forecast period. Increasing data centers, rising need of power distribution unit installations, and increasing concerns over power stability are the key factors driving market growth.
The power distribution unit market is dominated by a few globally established players such as Schneider Electric (France), Legrand (France), Eaton (Ireland), Cisco Systems (US), and ABB (Switzerland). These players have adopted various growth strategies such as partnerships, agreements, collaborations, and new product launches to increase their presence in the global market.
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Cisco Systems (US) held the majority of the global power distribution unit market share in 2021. Its key strength lies in its commitment to innovation, which is evident from its establishment of innovation centers and R&D centers globally. The company currently owns and operates about seven R&D centers. Schneider Electric followed in second place with a product portfolio comprising NetShelter Metered Rack PDUs, Easy switched rack PDU, and MGE Static transfer switches, among others. The principal investments in 2021 for this business segment were related to equipment replacement, footprint adjustments, and automation upgrades. Eaton (Ireland) is considered to have the third largest share in the power distribution unit market. Eaton offers a wide range of energy-efficient solutions related to hydraulic and mechanical power and a broad range of products & services such as power distribution and control components, which have enhanced its competitive position in the market.
Cisco Systems designs and provides a broad range of products and services for data centers, networking, security, Internet of Things (IoT), wireless technologies, and cloud-based networks. The company caters to various industries such as energy, education, financial institutes, government, healthcare, manufacturing, retail, and transportation. It operates through 5 business segments, namely, infrastructure platforms, applications, security, services, and others.
Another important player in power distribution unit market is Schneider Electric. Schneider Electric pioneers in the digital transformation of energy management and automation. It provides integrated efficiency and networking software solutions. It caters its products and services portfolio to various industries such as automotive, banking & finance, cloud & service providers, data center & network solutions, electricity companies, healthcare, and machine automation. The company operates its business through 2 business segments, namely, energy management, and industrial automation. Schneider Electric offers critical power components such as single phase & three phase Uninterruptable Power Supplies (UPS), IT Rack System, PDUs, physical security, and cooling systems under its secure power business segment.
Power Distribution Unit Market by Type (Basic, Metered, Switched, Monitored, ATS, Hot Swap, Dual Circuit), Phase (Single & Three), Power Rating (Up to 120 V, 120–240 V, 240–400 V, above 400 V), End User and Region - Global Forecast to 2027
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