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Energy Industry News Releases

Remote Power Panel Market worth $1.4 billion by 2028

 



(EnergyIndustry.Net, May 02, 2023 ) According to a research report "Remote Power Panel Market by Type (Wall-mounted, Floor-standing), Application (Network Cabinets, Server Rooms, Data Centers (Cloud, Enterprise)) & Region (North America, Europe, Asia Pacific, South America, Middle East & Africa) - Global Forecast to 2028" published by MarketsandMarkets, the global remote power panel market is projected to reach USD 1.4 billion by 2028 from an estimated USD 1.1 billion in 2023, at a CAGR of 4.8% during the forecast period.

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/remote-power-panel-market-52562623.html

Remote power panels (RPPs) connect power distribution extensions from power distribution units (PDUs) or other power sources to server racks. They can be integrated into data centers as advantageous modular systems. RPPs help increase power distribution capacity irrespective of the power distribution configuration in a data center.

The floor-standing, by type, is expected to grow be the largest segment during the forecast period.

Based on type, the remote power panel market has been split into wall-mounted and floor-standing. The floor-standing segment is anticipated to be the largest during the forecast period. Floor-standing remote power panels can be installed on the floor, either freestanding or bolted down. They are typically more extensive and robust than wall-mounted panels and can accommodate more circuit breakers and other electrical components. Their high-power capacity, increased durability, and flexible installation benefits to boost their segmental growth.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=52562623

The cloud data centers segment, by application, is expected to grow at the highest CAGR during the forecast period.

This report segments the remote power panel market based on application into three segments: network cabinets, server rooms, and data centers. Data centers are further segmented into cloud and enterprise. The cloud data center segment is expected to be the fastest growing segment during the forecast period. Cloud data centers are highly scalable offer flexibility in terms of computing resources. These features are driving the segmental growth.

North America is expected to be the largest region in the remote power panel market

North America is expected to be the largest remote power panel market during the forecast period. The data center industry in North America is constantly evolving, with new developments and emerging trends emerging. Some key trends such as the growing number of hyperscale, edge computing, and modular data centers drive the market for remote power panels with the rising need for effective power distribution.

Ask Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=52562623

Some of the major players in the remote power panel market are Schneider Electric (France), ABB (Switzerland), Toshiba International Corporation (Japan), Vertiv Group Corporation (US), and Socomec (France). The major strategies adopted by these players include acquisitions, sales contracts, product launches, agreements, alliances, partnerships, and expansions.


About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

360Quadrants

Mr. Aashish Mehra

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com

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