Global Power Distribution Unit Market Report 2019: The Market Accounted for $1,888.1 Million in 2017 and is Expected to Reach $3,729.0 Million by 2026

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Dublin, May 15, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering. Global Power Distribution Unit market accounted for $1,888.1 million in 2017 and is expected to reach $3,729.0 million by 2026 growing at a CAGR of 7.9% during the forecast period. Proliferating data center demand, reduced power consumption, and a rapid increase in the amount of data generated coupled with the growing need for data storage are some of the key factors responsible to drive the market growth. However, increasing data center server complexity is a major restraining factor faced by the market.A power distribution unit (PDU) or mains distribution unit (MDU) is a device fitted with multiple outputs designed to distribute electric power, especially to racks of computers and networking equipment located within a data center.On the basis of type, intelligent/ monitored PDU is expected to be the fastest growing segment during the forecast period. There is a significant rise in the implementation and deployment of intelligent/ monitored PDU due to its advantages over basic PDU such as network-grade power distribution, remote/local monitoring, and outlet control.

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Related Topics: Electricity , Networking Equipment

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Globe Newswire: 12:38 GMT Wednesday 15th May 2019

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