Distribution Automation Market Global Sales, Revenue, Price and Gross Margin Forecast To 2030
Distribution Automation Market
Distribution Automation Market 2020 Industry research report provides an In-Depth analysis that includes an executive summary, definition, and scope of the market. Global Distribution Automation Market Report Segmented by Component (Field Device, Software & Services, and Communication Technology), Utility Type (Wired Technology and Wireless Technology) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) – Forecast till 2025
Distribution Automation Market Overview:
The global Distribution Automation Market is projected to be valued at USD 19.42 Billion by 2025, with 7.31% CAGR during the forecast period, 2019–2025. 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.
Leading Players Analyzed in the Distribution Automation Market are:
The players operating in the Global Distribution Automation Market are 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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Global Distribution Automation Market Segmentation:
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.
Regional Outlook
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.
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Report Attribute | Details |
Forecast Period | 2022 - 2030 |
Market Growth value | XX % CAGR |
Revenue forecast in 2022-2030 | USD XX billion |
Base year for estimation | 2021 |
Historical data | 2019 – 2020 |
Unit | USD Billion, CAGR (2021 – 2030) |
Segmentation | By Application, By End-Use, and By Region |
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