Pune, India, November 2019, MRFR Press Release/- Market Research Future has published a Half-Cooked Research Report on the Global Distribution Automation Market.
Market Highlights
TheĀ Global Distribution Automation MarketĀ is projected to be valued atĀ USD 23768.63 Million, withĀ 7.3% CAGRĀ during the forecast period,Ā 2022ā2030. Distribution automation ensures optimization of utility operations and directly improves the reliability of its distribution power system. The major advantages of distribution automation include energy cost reduction, improved reliability, optimal energy use, and deferred capital expenses.
Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Distribution Automation Market Research Report
GLOBAL DISTRIBUTION AUTOMATION MARKET, 2022ā2030Ā
In 2018, North America dominated the distribution automation market in terms of share: MRFR
Based on region, the distribution automation market is segmented into five regions, namely, Asia-Pacific, Europe, North America, the Middle East & Africa, and South America. North America is expected to hold the largest market share and be the fastest-growing region in the distribution automation market during the forecast period. This is because field devices play an important role within the power distribution networks that are managed by regional utilities. Moreover, communication technologies, being a part of distribution automation, provide a collaborative environment for monitoring & controlling the real-time data through the control room.
In Europe, Germany is expected to be the largest and the fastest-growing country in the distribution automation market owing to utilities, which are heavily investing in expanding their grid and distribution network, which develops communication technology within the grid and distribution network.
In the Middle East & Africa, Saudi Arabia, is projected to be the largest and the fastest-growing country in the distribution automation market due to significant investment in developing technology for distribution automation purposes within the utilities which will increase the demand for distribution automation system products, which drives the market for distribution automation in Saudi Arabia.
In South America, Brazil is expected to be the largest and the fastest-growing country in the distribution automation market owing to Brazil, being one of the leading countries focusing on grid development projects while deploying utility communication technologies within the grid infrastructure.
The global distribution automation market is segmented based on components, utility type, and region. Based on component, the global market is segmented into field devices, software & services, and communication technology. The field device segment is projected to be the largest market share in the global distribution automation market. By utility type, the global market is divided into public utility and private utility. The public utility segment is expected to hold the largest market share in the global distribution automation market owing to increasing grants given by the government to public utilities.
The global distribution automation market is expected to grow at 7.3% CAGR during the forecast period.
DriversĀ
Scope of the Report
This report provides an in-depth analysis of the global distribution automation market, tracking four market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size and share for South America, North America, the Middle East & Africa, Europe, and Asia-Pacific. The report also presents a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global distribution automation market by component, utility type, and region.
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BY COMPONENT- Field Device
- Smart Meter
- Smart Sensor
- Smart Relay
- Smart Recloser
- Remote Fault Indicator
- Automated Capacitor
- Voltage Regulator
- Others
- Software & Services
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Communication Technology-
Wireless Technology- Cellular Network
- RF Mesh
- Others
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Wired Technology- Power Line Carrier (PLC)
- Ethernet
- Optic Fiber
- Others
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By Utility Type- Public Utility
- Private Utility
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By Region- North AmericaĀ
- Asia-PacificĀ
- Europe
- Middle East & Africa
- South America
Key Players
The players operating in the Global Distribution Automation Market areĀ Siemens (Germany), Eaton (Ireland), Xylem (Sensus) (US), GE (US), Landis+Gyr (Switzerland), Cisco (US), and Trilliant Holdings Inc. (US), Power System Engineering (US), ABB (Switzerland), S&C Electric (US), G&W Electric (US), Schneider Electric (France), and Schweitzer Engineering Laboratories (US).
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Base Year | 2019 |
Companies Covered | 15 |
Table & Figures | 1 |
Pages | 111 |
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