Global Remote Power Panel Market Scenario
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.
According to a new market research report, 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. Factors such as increased investments in colocation and hyperscale data centers which is driving the need for power distribution components for proper functioning and monitoring.
Key Market Players
The remote power panel market is served by a mix of large international players with global operational presence and local players with a strong domestic supply network. Hitachi Energy (Switzerland), Siemens (Germany), General Electric (US), Schneider Electric (France), and Mitsubishi Electric (Japan) are the market leaders in the global remote power panel market.
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Schneider Electric is a multinational corporation that specializes in energy management and automation solutions. Schneider Electric provides products and services in several areas, including power management, building automation, industrial automation, and energy efficiency.
ABB is a operates its business through its four business segments, namely. Electrification, Motion, sProcess Automation, and Robotics & Discrete Automation. The company offers its remote power panels under electrification segment. ABB’s remote power panels are part of its portfolio of power distribution and management solutions in the electrification segment. Remote power panels are used to distribute electrical power from a central location to various areas or loads within a building or facility.
Key Stakeholders
- Associations, forums, and alliances related to remote power panels.
- Consulting companies in the energy sector
- Government and research organizations
- Power companies
- Power equipment manufacturing companies.
- Data center power organizations, forums, alliances, and associations
- Public and private power generation, transmission, and distribution companies
- State and national regulatory authorities
- Energy management companies
- Government & research organizations
- OEMs
- Power distribution infrastructure installation service providers
- Remote power panel tools and equipment manufacturers
- Power Solutions’ software providers
- IT infrastructure equipment providers
- Support infrastructure equipment providers
- Cloud providers
- Colocation providers
This research report categorizes the remote power panel market by component, power source, application, and region.
By type:
- Wall-mounted
- Floor-standing
By application:
- Data centers
- Network cabinets
- Server rooms
By region:
- Asia Pacific
- Europe
- North America
- Middle East & Africa
- South America
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.
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“Middle East & Africa”: The second-fastest in the remote power panel market”
Middle East & Africa is expected to be the second-fastest growing region in the remote power panel market between 2023–2028, preceded by the Asia Pacific, and followed by South America. Rising investments in hyperscale and colocation data center infrastructure and enhanced adoption of cloud computing and digitalization are the key factors fostering the growth of the remote power panel market in the Middle East & Africa.
