Power Distribution Unit Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to power distribution unit market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Power Distribution Unit Market News

in Power Distribution Unit Market
  • December 2024: Ian Zaffino of Oppenheimer started covering Everus Construction, an electrical transmission and distribution services provider. The firm's last year's USD 2.4 billion in sales demonstrates the level of demand for grid upgrades and infrastructure to support AI data centers.
  • November 2024: Hitachi Energy reported a shortage of transformer production material with the fast-growing demand elicited by data center upgrades and renewable energy projects. The market is poised to grow from USD 48 billion to USD 67 billion by 2030, and the company is spending USD 6 billion to boost capacity.
  • October 2024: Scottish Power's parent company Iberdrola committed to spending Euro 24 billion on the UK's green energy network to boost the UK's renewable energy potential. The investment is intended to build more wind farms and replace high-voltage power links.
  • August 2024: Hitachi Energy released the Relion REF650, a sophisticated multi-application protection and control relay. The relay provides greater flexibility and reliability and is designed to address the changing power quality demands of utility and industrial applications.

REQUEST FOR SAMPLE

Want to customize this report? REQUEST FREE CUSTOMIZATION

FAQs

Global Power Distribution Unit Market size was valued at USD 3.80 Billion in 2023 and is poised to grow from USD 4.36 Billion in 2024 to USD 13.16 Billion by 2032, growing at a CAGR of 14.8% in the forecast period (2025-2032).

Key players in the highly competitive global power distribution unit (PDU) market focus heavily on innovation, strategic alliances, and expansion. To enhance energy efficiency and predictive maintenance, key players such as Eaton, Schneider Electric, and Vertiv are incorporating AI and IoT into their PDUs. Startups with sophisticated smart grid technologies are also entering the industry. The competitive landscape is also being shaped by acquisitions and mergers as companies seek to expand their product lines and global reach. 'Iberdrola', 'Oppenheimer', 'Hitachi Energy', 'Schneider Electric SE', 'Eaton Corporation', 'Vertiv Group Corporation', 'Tripp Lite', 'Legrand SA', 'Server Technology, Inc.', 'Raritan Inc.', 'Cyber Power Systems Inc.', 'Geist', 'Leviton Manufacturing Co., Inc.', 'Cisco Systems Inc.'

Construction of data centers has grown globally due to the growing needs of cloud computing, AI-based applications, and high-performance computing. Advanced PDUs are needed in colocation and hyperscale data centers in order to enable energy optimization, reliability, and power efficiency. In North America, Europe, and Asia-Pacific, the trend is highly established as cloud service providers and tech giants grow their infrastructure.

Implementation of PDUs with AI Power: AI-driven PDUs are transforming power management by allowing for self-healing, load balancing automation, and predictive analytics. Eaton and Schneider Electric are both developing AI-driven PDUs for better real-time power distribution, downtime reduction, and energy efficiency in industrial automation and hyperscale data centers.

Why is North America a Key Player in the Global PDU Industry?

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Power Distribution Unit Market
Power Distribution Unit Market

Report ID: SQMIG20E2124

[email protected]
USA +1 351-333-4748

BUY NOW GET FREE SAMPLE