According to a research report titled ‘Global Data Center Rack Power Distribution Unit (PDU) Market Size study, by Product (Non-intelligent and Intelligent), and Regional Forecasts 2021-2027’, available with MarketStudyReport, global data center rack power distribution unit (PDU) market was valued at USD 1.5 billion in 2020 and is expected to record a healthy CAGR of 7.2% during 2021-2027 to reach USD 2072.93 million by the end of forecast period.
 

Increasing energy consumption by ever-increasing number of data centers, and strategies of companies to serve this growing demand are driving the global data center rack power distribution unit (PDU) market. In this context, Nuclear Reaction Data Centers (NRDC) revealed that electricity consumption by data centers in the United States has increased from 91 billion KWh in 2013 to 140 billion KWh annually by 2020. 
 

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For the unversed, the data center rack PDU offers power supply as it is equipped with several outlets and protects components from power failure or electrical overload.
 

Rising focus on product innovations, and surging internet proliferation will further boost the market demand during the forecast period.
 

However, high cost associated with technology, and complexity in data center design are some factors that may stifle the market growth during the analysis timeframe.
 

Based on product terrain, global data center rack power distribution unit (PDU) market is divided into intelligent, and non-intelligent.
 

Considering the regional outlook, the market spans across Asia Pacific, North America, Europe, Latin America, and rest of the World. Among these, North America holds a dominating industry share at present, owing to presence of several prominent players, and increasing online shopping leading to data center setup in retailer’s premises. On the other hand, Asia Pacific market is expected to witness a rapid growth during the forecast period, due to increasing adoption of cloud-based services, and extensive digitization.
 

The major players in worldwide data center rack power distribution unit marketplace are Vertiv Group Corp., APC Corp. by Schneider Electric, Tripp Lite, Server Technology Inc., Raritan Inc., Leviton Manufacturing Company Inc., Cyber Power Systems (USA) Inc., Hewlett Packard Enterprise Company, Enlogic Systems LLC, and Eaton Corporation plc.