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During the current forecast period of 2023–2030, the global CAGR for the distribution automation market will be 8.3%. The worldwide distribution automation market is anticipated to be driven by rising renewable energy generation. Operations are anticipated to produce results and assist the market in reaching a global market figure worth USD 23768.63 Million at such a global market CAGR. The market was estimated to be worth USD 12.8 billion globally during the historical projection period, which concluded in 2019.
The distribution automation market revenue growth scale during the anticipated period looks incredibly promising. During the projection period, factors including the steadily expanding demand for automated grid distribution procedures and the requirement for reliability improvement programmes by international governments are projected to have favourable effects and hence provide the market significant potential opportunities. Additionally, the expansion of grid infrastructures globally and the rise in global energy demand will increase distribution automation's growth potential and market value.
Although there is a lot of room for expansion, there has been a significant rise in the cost of repairing ageing grid infrastructures. This will help the market make the greatest use of the available technology and help it grow over the course of the forecasted time. Smart grid deployments will be prepared by the end of the forecast period to satisfy the expanding regulatory targets that point to hopeful signs of market income. It is heartening to see that the number of smart grids is increasing because it suggests that the world is significantly expanding. Improvements in operating efficiency and grid dependability are both becoming increasingly necessary, and by the conclusion of the current forecast period in 2030, these improvements will help the market achieve its expansion targets.
During the projected period of 2022–2030, the growth rate for the distribution automation market's revenue appears to be quite promising. The market is displaying signs in the form of elements such as the steadily increasing demand for automated grid distribution processes followed by the requirement for reliability improvement programmes by the international governments are likely to have favourable attributes and therefore offer the market significant expansion opportunities during the forecast period, which will end in 2030. Additionally, the rise in global power demand and the availability of grid infrastructures on a global scale would promote growth opportunities and aid in raising the market value for distribution automation.
To achieve expectations and grow in line with forecasts made by market participants and industry experts, the Distribution Automation Market must overcome a few obstacles and difficulties. The market has been experiencing functional and demand limits since the pandemic's entrance in 2020, which is a significant issue during the projected period. Lack of investment is lowering the supply of reliable raw materials, which will further complicate the market's situation throughout the projection period.
Report Coverage
Global Distribution Automation research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Distribution Automation report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Distribution Automation competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Distribution Automation market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Distribution Automation market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Distribution Automation market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Xylem (Sensus) (US), S&C Electric (US), G&W Electric (US), Schneider Electric (France), GE (US), Schweitzer Engineering Laboratories (US), Power System Engineering (US), Landis+Gyr (Switzerland), Cisco (US), and Trilliant Holdings Inc. (US)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Distribution Automation market based on the below-mentioned segments:
Global Distribution Automation Market, By Type
Wired Technology
Wireless Technology
Global Distribution Automation market, By Component
Field Device
Software & Services
Communication Technology
Global Distribution Automation market, Regional Analysis
The distribution automation market revenue growth scale during the anticipated period looks incredibly promising. During the projection period, factors including the steadily expanding demand for automated grid distribution procedures and the requirement for reliability improvement programmes by international governments are projected to have favourable effects and hence provide the market significant potential opportunities. Additionally, the expansion of grid infrastructures globally and the rise in global energy demand will increase distribution automation's growth potential and market value.
Although there is a lot of room for expansion, there has been a significant rise in the cost of repairing ageing grid infrastructures. This will help the market make the greatest use of the available technology and help it grow over the course of the forecasted time. Smart grid deployments will be prepared by the end of the forecast period to satisfy the expanding regulatory targets that point to hopeful signs of market income. It is heartening to see that the number of smart grids is increasing because it suggests that the world is significantly expanding. Improvements in operating efficiency and grid dependability are both becoming increasingly necessary, and by the conclusion of the current forecast period in 2030, these improvements will help the market achieve its expansion targets.
During the projected period of 2022–2030, the growth rate for the distribution automation market's revenue appears to be quite promising. The market is displaying signs in the form of elements such as the steadily increasing demand for automated grid distribution processes followed by the requirement for reliability improvement programmes by the international governments are likely to have favourable attributes and therefore offer the market significant expansion opportunities during the forecast period, which will end in 2030. Additionally, the rise in global power demand and the availability of grid infrastructures on a global scale would promote growth opportunities and aid in raising the market value for distribution automation.
To achieve expectations and grow in line with forecasts made by market participants and industry experts, the Distribution Automation Market must overcome a few obstacles and difficulties. The market has been experiencing functional and demand limits since the pandemic's entrance in 2020, which is a significant issue during the projected period. Lack of investment is lowering the supply of reliable raw materials, which will further complicate the market's situation throughout the projection period.
Report Coverage
Global Distribution Automation research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Distribution Automation report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Distribution Automation competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Distribution Automation market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Xylem (Sensus) (US), S&C Electric (US), G&W Electric (US), Schneider Electric (France), GE (US), Schweitzer Engineering Laboratories (US), Power System Engineering (US), Landis+Gyr (Switzerland), Cisco (US), and Trilliant Holdings Inc. (US) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Distribution Automation Market from 2021 to 2030.
- Market Forecast for Distribution Automation Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Distribution Automation competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Distribution Automation
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Distribution Automation market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Distribution Automation market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
ABB (Switzerland), Siemens (Germany), Eaton (Ireland), Xylem (Sensus) (US), S&C Electric (US), G&W Electric (US), Schneider Electric (France), GE (US), Schweitzer Engineering Laboratories (US), Power System Engineering (US), Landis+Gyr (Switzerland), Cisco (US), and Trilliant Holdings Inc. (US)
Primary Target Market
- Market Players of Distribution Automation
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Distribution Automation market based on the below-mentioned segments:
Global Distribution Automation Market, By Type
Wired Technology
Wireless Technology
Global Distribution Automation market, By Component
Field Device
Software & Services
Communication Technology
Global Distribution Automation market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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Through INFINITIVE Data Expert is a professional Market Research services, I will identify the distribution automation market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.