Distribution Automation Trends and Forecast
The future of the global distribution automation market looks promising with opportunities in the public and private markets. The global distribution automation market is expected to reach an estimated $34.1 billion by 2030 with a CAGR of 11.9% from 2024 to 2030. The major drivers for this market are increasing demand for reliable electricity in remote areas and shift in demand from conventional power grids to smart grid infrastructures.Distribution Automation by Segment
The study includes a forecast for the global distribution automation by component, communication technology, utility, and region.Distribution Automation Market by Component [Shipment Analysis by Value from 2018 to 2030]
- Field Devices
- Software
- Services
Distribution Automation Market by Communication Technology [Shipment Analysis by Value from 2018 to 2030]
- Wired Communication Technology
- Wireless Communication Technology
Distribution Automation Market by Utility [Shipment Analysis by Value from 2018 to 2030]
- Public
- Private
Distribution Automation Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Distribution Automation Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies distribution automation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the distribution automation companies profiled in this report include-- ABB
- Schneider Electric
- Eaton
- Siemens
- General Electric
Distribution Automation Market Insights
The publisher forecasts that wireless communication technology is expected to witness the higher growth over the forecast period due to improved allocation of funds for the adoption of distribution automation technologies.Within this market, private will remain the larger segment due to increase in the number of private power utilities in the region.
APAC is expected to witness highest growth over the forecast period due to rising investments for smart grids owing to growing demand of electricity from remote areas.
Features of the Global Distribution Automation Market
- Market Size Estimates: Distribution automation market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Distribution automation market size by component, communication technology, utility, and region in terms of value ($B).
- Regional Analysis: Distribution automation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different components, communication technologies, utilities, and regions for the distribution automation market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the distribution automation market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the distribution automation market size?Answer: The global distribution automation market is expected to reach an estimated $34.1 billion by 2030.
Q2. What is the growth forecast for distribution automation market?
Answer: The global distribution automation market is expected to grow with a CAGR of 11.9% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the distribution automation market?
Answer: The major drivers for this market are increasing demand for reliable electricity in remote areas and shift in demand from conventional power grids to smart grid infrastructures.
Q4. What are the major segments for distribution automation market?
Answer: The future of the distribution automation market looks promising with opportunities in the public and private markets.
Q5. Who are the key distribution automation market companies?
Answer: Some of the key distribution automation companies are as follows:
- ABB
- Schneider Electric
- Eaton
- Siemens
- General Electric
Answer: The publisher forecasts that wireless communication technology is expected to witness the higher growth over the forecast period due to improved allocation of funds for the adoption of distribution automation technologies.
Q7. In distribution automation market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising investments for smart grids owing to growing demand of electricity from remote areas.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the distribution automation market by component (field devices, software, and services), communication technology (wired communication technology and wireless communication technology), utility (public and private), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global Distribution Automation Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- ABB
- Schneider Electric
- Eaton
- Siemens
- General Electric
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
LOADING...
