Power Distribution Unit Market - Demand for Effectively Storing Data Generated across Organizations to Fuel Installation of PDUs
The top five players in the global power distribution unit (PDU) market held a share of nearly 61% in 2015, rendering its vendor landscape consolidated. These companies are Cyber Power Systems, Inc., Emerson Electric Co., Raritan, Server Technology, and Schneider Electric. Despite the prevailing consolidation, fierce rivalry exists among the market players, finds Transparency Market Research (TMR) in a new study. It is therefore observed that these companies are focusing on product development to cater to the dynamic consumer preference. Besides this, many of them are focusing on research activities, innovations, and exploring novel technologies to strengthen their foothold. Global Power Distribution Unit (PDU) Market: Snapshot Global power distribution unit market has registered robust growth in the last few years. If forecasts hold true, decelerated rate of growth is unlikely for the market between 2016 and 2024. Demand for power distribution units (PDUs) is a...