Thu, 06 May 2021

Demand for integration of smart systems in commercial vehicles and increasing automation has increased power distribution modules sales.

NEW YORK, NY / ACCESSWIRE / April 20, 2021 / The global power distribution module (PDM) market is projected to witness an impressive growth through 2021 and beyond, evaluated Fact.MR. According to the study, increasing demand from industries such as automotive, marine and marine are bolstering the growth of PDM. Innovation in technology and investment in research & development remain key focuses for PDM manufacturers. The increasing demand for intelligent and sealed power distribution modules among OEMs in the vehicle market is also bolstering the demand for PDMs.

According to Fact.MR, the sealed power distribution module segment is expected to dominate and account for over 70% of total market share. Also, vehicle manufacturers are focusing on inclusion of various smart systems in electric vehicles. This, in turn, is providing growth opportunities for intelligent power modules among OEMs in automotive sector. Hence, accelerating the power distribution module sales.

'Adoption of advanced technologies such as connected cars and use of electric vehicles in economies such as India, China, Australia, and the U.S. will boost the demand for power distribution modules,' says a Fact.MR analyst.

For more insights into the Market, Request a Sample of this Report

Key Takeaways

  • In terms of product, sealed power distribution module is expected to retain the dominance through 2021 & beyond
  • While OEMs are expected to be dominant, aftersales market is poised to expand at 5.5% CAGR
  • United States is expected to be the epicenter for power distribution module market
  • Higher rate of adoption of advanced technologies to accelerate the PDM sales across India
  • China is anticipated to be one of the most lucrative market, reaching valuation of nearly US$ 1.1 Bn by 2030-end
  • Australia is expected to emerge as a potential market backed by the increased demand from automotive sector
  • Germany and UK expected to witness remarkable growth of over 6.5% CAGR, leading the European PDM market

Prominent Drivers

  • Increasing adoption of electric vehicles globally is expected to propel the market growth
  • Rising adoption of power distribution units to reduce energy losses is likely to accelerate the demand
  • Adoption of new technologies such as connected cars and self-driving will provide new opportunities among OEMs in the market

Key Restraints

  • Slower adaptation rate of new technologies and complex designs of intelligent power modules is likely to limit the growth
  • Technical challenges associated with next-generation intelligent power modules may hamper the demand

Discover more about the power distribution module market with 147 figures and 80 data tables, along with the table of contents.

Competitive Landscape

Eaton Corporation, TE Connectivity, GEP Power Products, Littelfuse Inc., MTA S.p.A., Lear Corporation, Leoni AG, Yazaki Corporation and PKC Group are some of the prominent manufacturers profiled by Fact.MR. Key players are focusing on product innovation and strategic collaboration across potential regions due to the increased number of vehicle manufacturers.

For instance, in 2019, Gateveiw announced the launch of its Next Generation power distribution unit availability, PowerLOK in partnership with Power Distribution Inc. This new single and three phase rack PDU keeps servers running efficiently and at a low cost compared to the traditional legacy powerstrips.

Also, in February 2020, Eaton announced the acquisition of Power distribution Inc. to expand data center power distribution and monitoring solutions. This acquisition is to improve the quality of life and environment through the use of power management technologies and services.

Get Customization on this Report for Specific Research Solutions

More Valuable Insights on Power Distribution Module Market

In its latest report, Fact.MR provides a detailed segmentation on the global power distribution module market through 2021 and beyond. The study divulges essential insights on the power distribution module market trends, growth and opportunities. To gain a better perspective, the market is segmented on the basis of product type (sealed, intelligent and others), sales channel (first fit (OEM) and replacement (aftermarket)), current rating (<100 Amps, 100-200 Amps, and >100 Amps), application (construction equipment, agriculture equipment, trucks & buses, power sports, industrial vehicles, recreational vehicles, marine and others), and region (North America, Latin America, Europe, East Asia, South Asia & Oceania and Middle East & Africa).

Key Questions Covered in the Report

  • What will be the revenue prospects for power distribution module market in upcoming decade?
  • Which type of sales channel will drive the power distribution module sales?
  • What are the key drivers and restraints for the power distribution module market?
  • Which application is expected to provide the most lucrative opportunities for power distribution module manufacturers?
  • Which are the prominent players operating in the power distribution module market?

Request More Information about Report Methodology

Explore Fact.MR's Coverage on Automotive Domain

Automotive Front End Module Market: The global automotive frond end module market report published by Fact.MR offers an exhaustive analysis on the prominent growth dynamics, including possible drivers, opportunities and challenges, expected to prevail across the landscape for the upcoming decade. A detailed insight regarding key geographies and prominent manufacturers has been embedded in this report.

Automotive Accelerator Pedal Module Market: Fact.MR's latest report on global automotive accelerator pedal module market gives a detailed insight on the key drivers, trends and opportunities expected to prevail across prominent segments and key geographies for the forthcoming assessment period. Additionally, details about prominent manufacturers and their revenue shares have also been incorporated.

Automotive On-Board Power Inverter Market: The latest report by Fact.MR on global automotive on-board power inverter market offers an unbiased analysis on the growth prospects, strategies and competitive landscape for the upcoming period. The key players' market share data provided by the report given you a detailed insights on the shortcomings and forthcomings of the market for the forecast period.

About Fact.MR

Market research and consulting agency with a difference! That's why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range - from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we'll be an able research partner.


US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Follow Us: LinkedIn | Twitter


View source version on

More Florida News

Access More

Sign up for Florida State News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!